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A singular focus on our token
At Codyfight, we pride ourselves on enabling the community to quickly and conveniently earn Codyfight Token (or CTOK) in various ways. This is one of the many philosophies that make up our core user experience. So let’s take a look at how Codyfight players can earn rewards, which are paid out exclusively in CTOK, through many available opportunities across the board:
Battle in the competitive arena
Join our dynamic ranking system and climb the ladder for a chance to earn spectacular rewards! The higher your Robot’s rank, the better your rewards become. As you reach the prestigious Rank 10, you can earn as much as 1.9 times the prize pool.
Concerned you might not reach the top of the ladder? No worries! From as soon as Rank 5, players already have the chance to multiply rewards by x1.75. Here we include a table showing the reward multiplier corresponding to each rank. Remember:
reward = price * multiplier
We calculate your robots’ uptime from the number of matches they play in a day. Based on this uptime and your ranking, a mere 60% win rate can get you anywhere between 150 to 1500+ USD worth of CTOK every month.
Trade NFT skins
Codyfight serves as a platform supporting talented people, and we aim to make our game as community-focused as possible. Therefore, we set up the Community Skin Shop so that players can list their exclusive NFTs in exchange for an amount of Codyfight Token (CTOK).
Artists will also have a chance to join the gamers and programmers. Artists can participate and earn rewards by uploading their unique NFT skins, which will also be featured in the Skin Shop. These artists’ listings will have to be approved by moderators and will occasionally be available for a limited time based on the popularity algorithm.
Join high-stake battles
Championships are Codyfight’s rank-based events that happen regularly. Participants have the chance to get awesome rewards like NFT drops, CTOKs, and even permanent CKeys for new Robots.
Tournaments are yet another one of our events that embodies the principles of decentralization. You can also join the fight as a player — battle and win CTOKs, NFT skins, and so on in a short period, boosting your earnings in addition to the usual gameplay.
You can also participate as an organizer — by utilizing a powerful and flexible tournament planning tool provided by us, you can customize gameplay, making the tournament more fun and community-balanced. As more participants join and increase the prize pool, so does your cut from organizing the tournament.
Be creative!
There are many more ways to earn rewards besides the above methods. For example, Legendary Llama is a Special Agent in Codyfight that will grant you a large amount of CTOK when captured — even more than winning a game! You can also earn tokens through referral programs and by reporting any bugs you may find when playing Codyfight.
Still unsure about our potential and your earnings? We’ve also included our projections on market growth in the near future. We are involved in three rapidly growing industries with huge upside potential by targeting video gaming, eSports, and cryptocurrency.
Video Gaming
The gaming industry has been attracting a steady influx of players since 2015. In 2021 alone, there are as many as 3 billion players worldwide, an increase of 5.3% compared to 2020. This number is also estimated to reach 3.3 billion in 2024 and continue to grow by 5.6% annually over the following five years.
eSports
ESports, a close friend of the video game industry, is also showing extraordinary growth in recent years. Currently, there are 456 million eSports fans across the globe, and tournaments boast a prize pool as high as $40 million (e.g., Dota 2’s The International 2021). Revenue from this industry has reached $1 billion in 2021 and is projected to surpass $1.6 million by 2024.
Crypto and NFTs
Last but not least, it’s crucial to talk about cryptocurrencies, whose market capitalization has reached over $2 trillion. Compared to just four years ago when this number was at $15 billion in 2017, the market has grown by a drastic 13300%. It’s also important to note that almost one-third of the crypto market is the recently popular NFT branch, a significant focus of Codyfight.
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More information about Codyfight:
Telegram (Announcement) | Telegram (Community) | Twitter | Website | Github | Discord | Facebook
