CryptoZoon price

ZOON

#2036

CryptoZoon is taking a page out of the playbook that has worked for other play-to-earn games. Players have multiple ways to accumulate ZOON.

First, they can fight Yaki Monsters and earn ZOON for successful battles. The game algorithm selects winners based on different ZOAN.

Characteristics, such as indicators, rarity and evolution levels. The rarer a ZOAN, the more turns it gets to fight a monster every four hours and, thus, the more ZOON it can earn. Turns are split according to the following ascending order of turns per hour:

ZOAN rarity level — frequency of ZOAN — turns to fight monster per four hours

Common 52.25% 1

Uncommon 26.12% 2

Rare 8.7% 3

Super Rare 6.53% 4

Epic 3.48% 5

Legendary 2.92% 6

Besides fighting regular Yaki Monsters, ZOANs can also fight Yaki Bosses once per week. Players need four ZOANs to participate: at least two ZOANs, each from rarity levels two and three, or at least one ZOAN from levels four, five or six. The token reward gets divided among the winners.

ZOANs that have reached level three or higher can be staked to generate farming rewards in the form of ZOON tokens. The team envisions a three-tiered profit system, where players can earn from holding ZOON tokens, use ZOON to buy NFT creatures, and use these NFT creatures in battle and as collateral to generate more ZOON and BNB.

The total supply of ZOON is 1 billion. 25% have been distributed in an IDO, with a soft cap at 400 BNB and a hard cap at 800 BNB, where each wallet had a 2.5 BNB at a 312,500 BNB/ZOON valuation.

According to the team, the IDO was sold out in less than 25 seconds. 43% of tokens are reserved for play-to-earn features: 15% for farming, 14% for monster battles and 14% for trainings. 25% are reserved for liquidity pools, leaving 2% for airdrops and 5% for developers with a lock-up period of one year.

Furthermore, each transaction incurs a 5% fee for selling and a 2% fee for buying ZOON, which is redistributed to the marketing wallet and used for marketing, development, buybacks and burns. Yaki Boss killer rewards, and CEX listings.

ZOON is a BEP-20 token on the Binance Smart Chain, while the NFTs follow the ERC-721 standard. The team states it chose BSC because it is fully compatible with the Ethereum Virtual Machine, includes pre-integrated oracles such as Chainlink, operates with lower gas fees than Ethereum, and because BSC’s compatibility with EVM makes it easier to list on major exchanges.

BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.

ZOON is available on PancakeSwap. If you want to learn more about how you can start buying cryptocurrencies, you can read more here in our guide.

As the game has grown in popularity, interest in the ZOON to PHP price has increased dramatically in the Philippines.

Check out Axie Infinity (AXS) – another pet-oriented trading game incorporating NFTs.

Check out PancakeSwap (CAKE) — the token of the liquidity pool ZOON is listed on.

Learn how NFTs work in our guide to non-fungible tokens.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.