Phase 1 - Resource Race
This Phase will be used as a first step to distribute the $KRON token to our NFT holders, based on their ability to produce resources. In these phase any holder of any KronosMetaverse NFT will be entitled to participate in the Resource race.
How does the Resource Race work?
The idea is clear, the wallet producing more resources than the other will receive $KRON token as reward proportionally to their resource production.
Every planet held by a wallet has the ability to produce resources within a rate that is described in the Resource and Production section . All the resources generated by your planets are summed and the final amount of resources produced are calculated following this formula:
The "Resource Race" phase is divided into 3 Eras, in which only a specific resource will give a production advantage in the total resource gathered. For example in the formula appended above, the multiplier advantage is held by the Research resource, but this will change from Era to Era.
First Era of the phase => Increasing the Research production will give a multiplier to the total resources collected.
Based on the formula above the Kronos Metaverse team will take, for each Era a snapshot of the Cardano blockchain and calculate the leaderboard. After the needed calculation, the $KRON token will be given to Kronos NFT holders proportionally to their position in the leaderboard. There will be a total of 3 snapshots, in this way, we will make sure that the token distribution of the first phase will not be issued all at once, and a bigger variety of categories of planets get rewarded.
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