The Game of $HOPE Glossary
Here's a breakdown of key terms you'll encounter in The Game of $HOPE:
$HOPE Token: The in-game currency used for all transactions within The Game of $HOPE. While acquired using real-world currency, $HOPE tokens have no real-world value.
KOL (Key Opinion Leader): Virtual influencers within the game, each with their own approach to the market.
KOL Token: An in-game token representing a specific KOL and their performance within the game.
Rug Pull: A simulated event within the game where a KOL's token loses all value, mimicking a real-world crypto rug pull (where a project disappears with investor funds). However, in $HOPE, the LP funds are redistributed.
Liquidity Pool (LP): A pool of funds used to facilitate trading between $HOPE tokens and KOL tokens.
Game Modes: Different market conditions that affect gameplay, revealed during a game session. Examples could be "lowest price" or "highest volume."
Special Conditions: Surprise events or modifiers that significantly impact gameplay, revealed during a game session. Examples could be "Double Down Day" or "Whale Watch."
Snipe: To quickly buy a token as soon as it becomes available.
Holders: Players who own a particular KOL token.
Degen (Degenerate): A slang term for a high-risk investor who thrives on volatility and speculation. (Used humorously in the context of the game)
USDC: A stablecoin pegged to the US dollar, potentially used to acquire $HOPE tokens (depending on the game's instructions).
Bridging: Converting cryptocurrency from one blockchain to another (might be required to acquire $HOPE tokens).
DEX (Decentralized Exchange): A platform where users can trade cryptocurrencies directly with each other, without a central authority (might be an option for acquiring $HOPE tokens).
This glossary equips you with the basic vocabulary to navigate the exciting world of The Game of $HOPE. As you delve deeper, you'll encounter more game-specific terms, but this list should provide a solid foundation for your crypto-gaming adventure!
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