Faqs
The frequently asked questions (FAQ) section aims to provide answers to common queries about $WARPED Token, and Warped Universe. Our full list of FAQs can be found here.
Warped Token:
1. What is $WARPED?
$WARPED is the ERC-20 utility token that powers the Warped Universe. Its primary utilities include:
Fueling Web2 - Web3 Collectible Conversions: Fueling the portal to player ownership.
Guiding Game Development & Design: Empowering token holders to influence the direction and evolution of the Warped Universe.
Discounts on Warped Items & Collectibles: Using $WARPED can provide discounts on various Warped in-game items & collectibles.
Game Rewards: $WARPED will be used to reward players in-game, in competitions, and more.
2. How can I acquire WARPED?
WARPED can be acquired through the following methods:
Initial Token Sale - Presale: WARPED may be offered through initial token sales or public token sales. Details forthcoming.
Market Purchase: Once live, WARPED will be available for purchase through decentralized exchanges such as Uniswap. With time, we will also look to offer access to the token via Centralized Exchanges.
Gameplay Rewards: Players may earn WARPED as rewards by participating in Warped Universe games, completing quests, achieving high scores, and reaching specific milestones.
3. What is Warped Universe?
Warped Universe is where the boundaries of gaming genres dissolve. An MMO realm filled with RPG essence, where players are empowered to select their preferred gaming style, all while experiencing the advantages of Web3 integration. Emphasizing player customization, ownership, and voice, while hosting a dynamic and responsive in-game economy.
4. What are the key features of Warped Universe?
Interconnected Gameplay Across Multiple Genres
Empowering Players - From the way you play to the way you extract value from your gaming experiences
Optional NFT-based Digital Collectibles - Choose your level of on-chain interaction
Community-Guided Development and Collaborative Storytelling
5. What are the tokenomics of the WARPED token?
The WARPED token has a total supply of 10,000,000,000.
A trade tax of 4% is currently in place, facilitating additional funding generation during this development stage. Tax percentage is adjustable depending on the project related NFT(s) in the user's wallet.
Plans have been established to reduce this tax to zero once alternative funding mechanisms have been established.
More in-depth details on tokenomics, token allocations, and future plans can be found within the Whitepaper.
6. What are the adjustable tax rates for NFT holders?
Specified NFT holders get access to reduced tax rates. Currently, the 4 NFTs that reduce trade tax are from STARL Metaverse. As we grow, more will be added:
LM - Living Modules
PAL - Physics Altering Lifeforms
SATE - Satellites
PN - Pixelnauts
These NFTs reduce trade tax as follows:
1% for SATE owners.
1% for users who own a combination of LM, PAL, and PN.
2% for users who own a combination of either LM & PAL or LM & PN.
3% for users who own one of either PAL, PN, or LM.
4% for users who do not own any project-related assets or NFTs listed above.
7. Who is behind the development of Warped Universe?
Warped Universe is being developed by a talented team of professionals with expertise in blockchain technology, game development, design, and community management. The team consists of experienced individuals who are passionate about gaming, blockchain, and the potential of merging these technologies.
Still have questions?
Visit our full list of FAQs here. For more support please join the community or contact us by email.
