Landsale

ForgottenChain's strong economy revolves upon the land. The land is split between 3 kingdoms, owned and ruled by players. This is where gamers will go on amazing adventures and win rare treasures and tokens as they go out into the world. As a result, we're devoting a significant amount of time and money to making visiting these areas a unique experience.

This is where land ownership (in the form of NFTs) comes into play. We aim to empower our community by allowing them to rule the world of the game, as well as share in the money generated. This is accomplished by sharing 70% of the money earned by the game to the landowners in the form of tokens.

We have 3 land tiers in the game and they are represented by Non-Fungible Tokens (NFTs).

• Battle Land (Tier I) : Those are the battlefields where players can fight bosses, mine resources, and go on amazing adventures. (Price 300$ -> 150$)
• Village (Tier II) : Those are represented by small villages in the game world. Here you can own up to 3 businesses. (Price 2.500$ -> 1.250$)
  Villages are accessible to the regular player and are producing value by players actively engaging in the game. Bringing your friends in to play with you, or even forming a small guild to settle on your property, may all help the owners of these plots to produce value by providing the necessary facilities in your village.
• City (Tier III) : Those are represented by big cities in the game world. Here you can own up to 16 businesses. (Price 20.000$ -> 10.000$)
  Cities are becoming more strategic, because these are home to many of the core buildings and services in the game that players need to make their way in the world. Cities will become centers for a huge number of players and guilds, producing a lot of value and activity. Because you're providing a home for a lot of people, you'll want to make sure you have the proper mix of structures and facilities on your land as the owner of a city.

The first Land Sale will have applied 50% discount.

Businesses examples		Available only to tier II & tier III
Pet Shops	Mastery Trainers	Alchemist	Library	Casino
Mount Shops	Skill Trainers	Enchanter	Breeding Place	Advertisement Banners
Teleporters	Forgery/Blacksmith	Incubators	Stables	And many more

Businesses examples	Pet Shops	Mastery Trainers	Mount Shops	Skill Trainers	Teleporters	Forgery/Blacksmith
Available only to tier II & tier III	Alchemist	Library	Casino	Enchanter	Breeding Place	Advertisement Banners	Incubators	Stables	And many more

Why you should consider buying land?

• You can be part of a big metaverse
• The lands have multiple income streams (Check below)
• The first sale has a 50% discount

Let’s talk a bit about how you can earn with your land and do some math:

1. Transaction fees for NFTs
2. Mining
3. Marketplaces
4. Businesses (available only for Tier II and Tier III land)
5. Token Drops
6. Token Distribution from the landowner’s pool
7. And other activities

Transaction fees for NFTs

Whenever an NFT is dropped on your land that item will remain bound to the place where it was found. Whenever that particular item is sold a transaction fee of 10% is deducted and it will be distributed as follows:

• 1.5% to the owner of the land where the item was sold
• 1.5% to the owner of the land where the item was dropped
• 3% to the Landowners pool
• 4% to the Reward pool

Mining

Each land plot can spawn ores that can be mined. Landowners can decide if they want to keep the ores for themself (and not visible to others) or if they want to share them with the visitors of their land and get a percentage of resources as a tax. Those resources can then be sold for FTC.

Marketplaces

Villages and Cities can be also used as a marketplace where other players can sell their NFTs. As a Marketplace owner you will get 1.5% for each item sold on your land.

Businesses (available only for Tier II and Tier III land)

Each village and city can have multiple businesses (Skill Trainers, Forgery, Teleporters, Exclusive Shops, Crafting, and more). For players to benefit from your business, they will have to pay for the service.

For example: A weapon can be upgraded from +1 to +10, which can be done in a village/city at the forgery. The cost will vary based on the level of the weapon. The costs will be distributed as follows:

50% to the business owner

10% to the landowner

10% to the Landowners pool

30% to the Reward pool

Token Drops

Whenever a player kills a monster on your land and that monster is dropping FTC, you will get 5% of the drop. For example: A player kills a boss on your land and gets 200 FTC. The FTC will be distributed as follows: 190 FTC to the player and 10 FTC to the landowner.

Token Distribution from the landowner’s pool

For each piece of land that you own, a percentage of the Landowner pool will be distributed to you.

Other activities

We are trying here to bring ForgottenChain functionality in real life. One example here is the advertising panel where land owners can post different banners (limited to 3) in their city based on their partnerships.