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The utility of PITcoin is defined by the aforementioned systems of inflow and outflow. The goal of a token driven ecosystem is to reward active players and community members with a metaverse token that possesses both intrinsic value and utility.
The utility of $PIT will come in the form of in game power ups, cool downs, battle entry and summoning scrolls (Season 2 NFT mint passes).
In playing the game alone, PIT NFT holders are contributing to the worth of THE PIT as a network and $PIT is just one means by which we wish to give back.
Inflows
An airdrop of $PIT for PIT NFT holders, genesis NFT holders will receive a bonus.
Airdrops are to be issued to owners of partnered NFT projects to enable to participation.
Participation in PIT battles. All participants are rewarded for competing with higher rewards for higher placings. Additional tokens will also be issued with the Kamikaze award.
Community initiatives, giveaways and competitions.
Exchanges on third party sites from crypto.
Outflows
Entry fees for PIT battles.
Cooldown time reductions, the greater the rarity of the NFT, the greater this cost.
Purchasing stat buffs at the end of the season.
Purchasing Season 2 PIT NFTs.
Purchasing Season 2 whitelist spots.
Exchanges on third party sites for crypto.
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