Essence, Wizardia's In-Game Currency: 6 Ways It Boosts Your Gaming Experience

<p><span style="font-weight: 400;"> If you're an avid gamer, chances are you've come across in-game currencies that allow you to purchase items, power-ups, and other perks. In the world of blockchain gaming, things are no different, and Wizardia has introduced Essence as its in-game currency.</span></p> <p> </p> <p><span style="font-weight: 400;"> Essence is an in game currency with a fixed rate of 1 $WZRD = 0.25 $Essence only exchangeable at Wizardia. Essence can be used for entering and wagering with our Play-to-earn Duels.</span><span style="font-weight: 400;"> Later gamers will be able to use Essence for most in-game actions such as entering the game, renting Wizards, buying Consumables, and more. In this article, we'll take a closer look at Essence and its benefits to Wizardia players.</span></p> <p> </p> <h2 id="benefits-of-using-essence">Benefits of Using Essence:</h2> <ol> <li style="font-weight: 400;" aria-level="1"><strong>Removing blockchain barriers</strong><span style="font-weight: 400;">: Web 2.5 is the best of both worlds and is the perfect solution to increasing daily active players by making the game more fluid to get involved in. An in-game, off-chain currency such as Essence significantly removes repetitive gas fees and countless clicks </span><span style="font-weight: 400;">in crypto wallets confirming each action</span><span style="font-weight: 400;">. This makes it much more attractive to traditional Web 2 gamers and people new to the crypto-sphere. At the same time, it appeals to Web3 gamers by allowing asset ownership with NFTs and WZRD tokens. </span></li> <li style="font-weight: 400;" aria-level="1"><strong>Rather than implementing a “burn” token</strong><span style="font-weight: 400;">, which can cause extreme hyperinflation, we have introduced an off-chain currency allowing game developers to have more control over the economy. Essence is backed by a pool or vault of WZRD tokens to maintain its value and avoid hyperinflation and burning of tokens.</span></li> <li style="font-weight: 400;" aria-level="1"><strong>Increased utility</strong><span style="font-weight: 400;"> is one of the most effective ways to improve token price, health and stability. As more gamers use the token, demand increases driving up price. A higher token price makes it more attractive for investors to buy and hold, creating even more buy pressure in the market</span><span style="font-weight: 400;">. </span></li> <li style="font-weight: 400;" aria-level="1"><strong>Greater integration:</strong><span style="font-weight: 400;"> In-game currencies are often more integrated into the game's economy and mechanics, making them more useful and versatile than blockchain tokens. </span><span style="font-weight: 400;">Having greater integration allows for more effective growth and player participation by making processes more simple to complete</span><span style="font-weight: 400;">.</span></li> <li style="font-weight: 400;" aria-level="1"><strong>Greater accessibility:</strong><span style="font-weight: 400;"> In-game currencies are typically more inclusive to a community as a whole. Players who are not interested in or able to purchase blockchain tokens can still participate fully in the game's economy.</span></li> <li style="font-weight: 400;" aria-level="1"><strong>Future opportunities:</strong><span style="font-weight: 400;"> Easier workarounds and increased player inclusivity will occur when mobile apps and further growth and development occur.</span></li> </ol> <p> </p> <p><span style="font-weight: 400;">In conclusion, using an in-game, off-chain currency like Essence offers several benefits for game developers and players. It can increase token demand and price, remove blockchain barriers, provide greater integration into the game's economy, and improve accessibility. </span><span style="font-weight: 400;">This approach provides greater control over the economy, avoids hyperinflation without burning tokens, while providing future opportunities for growth and development</span><span style="font-weight: 400;">. Overall, Essence presents an attractive solution that balances the best of Web 2.5 and Web3 gaming.</span></p> <p> </p> <h2 id="how-to-get-essence">How to Get Essence</h2> <p> </p> <p><span style="font-weight: 400;">To get Essence, you need to swap your Wizardia tokens in the My Account page. This process is straightforward and can be completed within minutes, allowing you to dive right into the action.</span></p> <p> </p> <h2 id="join-wizardia">Join Wizardia</h2> <p> </p> <p><span style="font-weight: 400;">Find out more about Wizardia, WZRD tokens and Essence on our Youtube channel and live events:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Live streams: <a href="https://wizardia.io/Events-Calendar" target="_blank" rel="noopener">https://wizardia.io/Events-Calendar</a></span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Youtube: <a href="https://www.youtube.com/c/wizardia" target="_blank" rel="noopener">https://www.youtube.com/c/wizardia</a></span></li> </ul> <p> </p> <p><span style="font-weight: 400;">Join our SM channels to get the information </span><span style="font-weight: 400;">directly from the source and your answers answered by our support team:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discord: <a href="https://discord.com/invite/wizardia" target="_blank" rel="noopener">https://discord.com/invite/wizardia</a></span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Telegram: <a href="https://t.me/Wizardia" target="_blank" rel="noopener">https://t.me/Wizardia</a></span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Twitter: <a href="https://twitter.com/PlayWizardia" target="_blank" rel="noopener">https://twitter.com/PlayWizardia</a></span></li> </ul> <p><br><br></p>