Utility

GHON is the official in-game honor token that will be used to exchange, accumulate, sell and buy items in the game and earn money. The value of GHON is guaranteed by the value of in-game resources and the sustained user contribution. The more users interact with GHON, the more GHON can be produced and consumed, creating a strong closed-loop economy. As our team releases more features and game modes as part of the roadmap, the economy will expand to further support token value.

Token burning

By definition, token burning is the process of permanently removing a portion of a crypto project’s tokens from circulation. We will burn a portion of the GHON tokens from each in-game transaction, making the token deflationary and increasing the value of the remaining tokens, making the assets more scarce and bringing more value to our community.

Staking

Since we use the Proof of Stake algorithm in Gladiators Honor to confirm transactions, you have the option of staking GHON. It will bring a percentage from GH DAO profits and each transaction in the game. It's also a nice additional mechanism to support the economy of the project.