This success comes at a time when many recent Web3 games have shown weak performance, indicating that there is still interest in tokens associated with the Solana ecosystem.
Valannia's TGE (Token Generation Event) began with the launch of the $VALAN token, which the team called a fundraising, not a traditional sale. A total of 1,200 SOL was allocated for 3.2% of the total supply, but more participation was possible, and the surplus would be refunded.
The sale was held on November 25th with 3 phases: VIP (10% bonus), Whitelist (5% bonus), and Public (no bonus), and all buyers could participate without restrictions.
Following the end of the token sale, the next phase, the Eldorath land sale, will begin. This sale will be conducted in two parts: first, the Whitelist-only sale, which only holders of Valannium rings can enter, and then the Public phase, which starts one hour later. Land purchase is exclusively with the $VALAN token, and transactions are made through Valannia's official website and Solana wallets.
The city of Eldorath includes three sections: the Central zone with Mythic and Legendary plots, the Middle ring with Legendary and Rare plots, and the Outer ring with Rare and Uncommon plots. Central plots provide players with the highest ownership, prestige, and visibility.
The city of Eldorath offers four types of land with different rarity levels:
Prices are set in USDC but payment is only made with the $VALAN token, and buying from the marketplace includes a 30% discount. For example, a Central Legendary plot is reduced from $1,443 to $1,110 $VALAN, and an Outer Rare plot from $478.4 to $257 $VALAN in a 24-hour discount.
Each plot of land also transfers a percentage of city ownership; Mythic plots have a full one percent share, and Outer Rare plots have a 0.0475% share. The rarer and more valuable the land, the greater the share, income, and influence it generates in the ecosystem.
The $VALAN token is the main currency of the Valannia ecosystem and is used for all in-game activities such as construction, unit production, technology upgrades, repairs, political voting, staking, and access to special content.
The total supply of this token is 100 million, but only 80 million will remain in circulation after token burning. Land owners play a crucial role in the economy; 1% of all $VALAN consumed in the game goes to Eldorath land owners and another 1% to other land regions.
Furthermore, 6% of in-game payments with Solana go to the project, 20% of which is distributed to land owners each season. From USDC revenues, 5% enters the Eternal Vault (VET) and 10% is used for token repurchase to stabilize the price.
The VET Vault, which is held in BTC and SOL, funds the cost of developing new features and cross-chain growth, and gives 20% of its annual profit to the community: 17% to the DAO and 3% to land owners.
Valannia is a fantasy Web3 MMO with a shared world where all games take place in a single, persistent world, and players with a Hero NFT can access multiple titles. These titles include the strategy game Valannia Realms, the MOBA/RTS game called Valannia Arena built with Unreal Engine 5, and the full MMORPG Valannia World, which is still in development.
This world features systems for territory control, racial politics, construction, and a player-driven economy. So far, over 5,000 active wallets are present in the ecosystem, over 20,000 NFTs have been minted, and the project's total reported revenue exceeds $2 million.
The Valannia rollout began in October with the $VALAN token whitelist campaign, and public collection took place on November 25th. One day later, the limited Valannium rings — the only way for early access to the land sale — were launched, with only 42 available for sale. After that, the public land sale will open to all users with the $VALAN token and a Solana wallet.
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