Originally Published: January 1, 2022
Empyrean Source ($ESI) Token is a new cryptocurrency token powered by blockchain technology. It is the main utility and currency within the Elysian Fields Metaverse and used to power all ESI projects, including in-game economies, and for protocols to create fair and mutually beneficial online worlds.
Every aspect of the Empyrean Source platform is fueled by $ESI, via play-to-earn (PTE) model through games or as incentives for certain activities. Using ESI software, including actions on empyreansource.io, playing games, attending events, and engaging with the Community are all ways to earn $ESI. It can be used to swap for NFTs, peer to peer (P2P) trading, and redeemed for certain rewards, packages, or giveaways. The token can be purchased from ESI or exchanged for certain rewards, prizes, and rare items.
Empyrean Source Industries will oversee the minting and distribution of $ESI. An ICO will take place on the Empyrean Source website where interested parties can purchase it directly from ESI. Eventually, more token offerings will take place on exchanges, once trading is supported on official crypto exchange platforms.
Elysian Fields Metaverse applications (EF Realms, Battlegrounds, & Metacraft) will include a play-to-earn (PTE) model using $ESI token as a reward for performing actions, completing task/quests/objectives, event giveaways, and in-game selling & trading. $ESI tokens accrued will be retained in game anywhere across the Metaverse via your Empyrean Source account. Until an ICO occurs, the only place possible to purchase $ESI is directly from the Empyrean Source website Token Store. When $ESI is fully launched, it can be cashed out into a connected and verified wallet, however removing funds from in-game will result in a fee.