The Qubit Token ($QBIT) is a versatile cryptocurrency designed to serve multiple functions within the Qubit ecosystem. It is primarily used as the ecosystem's currency, enabling transactions, participation in events, and access to various features within the Creator Tool and Qubit Game. This page provides an in-depth overview of $QBIT, including its utility, DeFi approach, in-game use, and community benefits.
Affordable way to mint your NFTs
$QBIT simplifies the participation process in the Creator Tool, making it more affordable to mint an NFT version of your creation when using $QBIT compared to the native utility token of the blockchain (Ether).
Payment token for voxel colors (when not owning Voxel NFT colorbox)
Next to that, $QBIT allows users to purchase unique voxel colors for their creations without owning a Voxel NFT, thus fostering creativity and participation in weekly contests.
Fair-play-to-earn reward token
$QBIT token is at the heart of the play-to-earn model, enabling players to earn through various in-game activities such as
This model enhances the gaming experience by rewarding skill, collaboration, and strategic play.
Payment token in the Qubit secondary market
The secondary market within the Qubit ecosystem is an exclusive domain where players trade items they've created or earned through gameplay. This market is pivotal, as it represents a pure player-to-player exchange, ensuring that every item, from raw materials to ready-to-use assets, has been genuinely earned or crafted within the game world. The $QBIT token is the currency in this vibrant marketplace, enabling seamless transactions among players.
The design of the Qubit game’s secondary market is rooted in a commitment to fair-play and the principles of Web3 gaming. By eliminating direct sales for profit by the game's designers, the ecosystem ensures that the value and utility of items in the game are determined by the players themselves. This model promotes an equitable gaming environment where success is based on skill, strategy, and creativity, rather than the ability to purchase advancement.
$QBIT token drives the secondary market