ANRKEYX

Wisdom Oguzie
4 min readApr 30, 2021

12 Useful Functions of the $ANRX Arcade Coin

The AnRKey X platform’s native Arcade Coin is $ANRX. In our ecosystem, it has 12 utility functions, with six ways to invest it and six ways to gain it!
How to Make $ANRX:

The Distribution of $ANRX to the Game’s Winners

The winning team will receive the produced prize pool of $ANRX at the end of each weekly Battle Wave 2323 bout. The team with the highest cumulative annual percentage yield (APY) from their LP token stakings will be the winners, winning the most $ANRX. Winners receive prizes based on their individual LP token contributions.

Staking Golden Chalice NFTs to increase APY

Every week, 9 players from the winning team are randomly distributed Non-Fungible Tokens (NFTs) that can be staked in the following week’s game to boost APY and increase $ANRX rewards for the entire team (using Chainlink VRF technology).

Playing with NFT Staking Pools that are gamified

So far, we’ve launched five gamified NFT staking pools, allowing players to gain high APYs by staking their $ANRX and $ANRX/ETH Liquidity Tokens for NFTs that provide early entry, various reward systems, and more.

Earn money by selling Golden Chalices NFTs.

9 Ultra-rare Golden Chalice NFTs will be distributed at random among the winning team members, allowing for major APY increases in the following week’s game. Users will be able to sell their Golden Chalices to other players on the Flash Sale Aftermarket, which will be available for 48 hours between the end of each week’s game and the start of the following week’s game (Saturday and Sunday).

Make money by selling collectible NFT game cards.

Our Collectable NFT Game Cards, which feature characters and stories from our AnRKey X games metaverse, are ultra-rare, heavy, and APY-generating non-fungible tokens. Based on the real-time economics of our game and our proprietary NFT engine’s algorithmically developed $ANRX token price, they fluctuate in monetary value, quantity, rarity, and power levels. On our Decentralized Finance Gaming Platform Exchange, users will be able to sell these NFTs (gDEX).

Spending $ANRX:

Armaments Upgrades for Golden Chalices can be purchased.

Armaments are weekly boosts that users can buy to improve the APY boost of their Golden Chalices even further. Armaments increase the rarity and strength of output features. Armaments can be bought on the Aftermarket for the 48-hour Flash Sale.

Sacred Relic NFT Packs are available for purchase.

After being purchased on the gDEX, Sacred Relic NFTs can be staked for a higher APY. The packs are randomized such that consumers can receive 1, 3, or 5 total Sacred Relic NFTs (at the lower price), or 3, 5, or 10 total Sacred Relic NFTs (at the higher price), depending on the price point of $ANRX (at the higher price). Both the number of Sacred Relic NFTs and the boosted yields associated with each Sacred Relic NFT will be randomized. Sacred Relics can be staked as needed during the war once purchased.

Buying Weapons Boosts in-game

Arms Boosts are weekly in-game items that increase APY and can be purchased from our gDEX’s in-game item marketplace. Each player is only allowed to use one of these.

Buying Limited Edition Prize Winning Aftermarket NFTs (Golden Chalices)

Golden Chalices are NFTs that are distributed randomly around the winning army each week, boosting the APY in the following week’s game. On the 48-hour Flash Sale Aftermarket, users will be able to purchase and sell these NFTs to other users. The price of Golden Chalices is based on a derived base value.

Collectible NFT Game Cards are available for purchase.

These ultra-rare, one-of-a-kind, animated game card rewards tokens are also available for sale on the gDEX. Users should aspire to create the best collection possible to reflect their gaming prowess. Furthermore, these NFT game cards come in six levels of rarity and strength, and can be used to stake for extra APY boosts.

Investing in an NFT Prediction Market with a High-Yield

The derived base value of our NFTs is used in our NFT Prediction Marketplace Dashboard to forecast their future prices in our games and receive rewards. We will enable our users to use $ANRX to forecast future values based on the values our Automated Economic Logic Models calculate, just like other prediction markets.

AnRKey XTM Information
The AnRKey XTM protocol platform is a gDEX (Decentralized Finance Gaming Platform Exchange) established by known global leaders in crypto, DeFi, gaming, and entertainment. It is planned to combine DeFi, Esports, and NFTs into one on their gaming platform, creating a brand new industry called m$ports (money sports). The AnRKey XTM gaming system’s token, $ANRX, functions similarly to an arcade coin in that the more you buy, play, stake, sell, and compete, the more $ANRX you win.

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Wisdom Oguzie

GRAPHIC DESIGNER. BLUZELLE AMBASSADOR . OASIS EVANGELIST .