Life cycle of a battling token
Last updated
Last updated
In a tokenwars platform token (the token who aims to fight) flows through the following stages:
Add & Approve token to platform - platform admin adds token to platform, token fundamentals and other background checks and basic eligibility of token are done. If the token is valid for tokenwars platform it is approved by platform admin and it is visible to users of the platform and ready for the next step.
Community approval / Initial stakes of token - in this step token needs to prove that it has a strong support by the community in order to take part in token battles. Token proof is covered by token stakes done by the community of the token supporters.
Pairing fighting tokens - When a token gets community approval it is paired with another approved token for fight. Tokens are paired in predefined rules with the help of AI.
Battle announcement - When tokens are paired and battle approved, battle details are announced to the tokenwars.io community and preparation for fight can start .
Preparation for battle - Time between battle announcement and token fight is called battle preparation time. During this time the community can whitelist themselves to get random team boosts ( tokenwars fight weapons) airdrops and accumulate tokens for fight.
Token fight event - online event at some specific time where token communities battle for a victory.
Winners Rewards distributed & stakes released - in case of a token win staked assets are returned and enemy assets at risk are distributed amongst winners.
Losers Risk free stakes released - in case of a loss at the end of a battle - battle participants can get their initial stakes which are risk free, other staked assets are lost.
Token restarts its journey - when token fight is over and assets are distributed, token moves back to "Community approval / Initial stakes" step and token waits for community approval for the next fight.