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Blockchain Role Playing Game MIR4 Launches in 170 Countries Alongside Utility Coin

Gamers can “smelt” their utility coins to take advantage of MIR4′s in-game e-commerce to earn while they play.

MIR4's Facebook page
MIR4's Facebook page

MIR4, a blockchain-based multiplayer online role-playing game that features a utility cryptocurrency, has completed testing and is now live, according to a press release.

The video game, which was launched Thursday, allows players to gather utility coins known as DRACO. In turn, the coins can be exchanged for Darksteel – an essential resource used in the game, and vice versa. Utility coins or tokens are those that can be exchanged for a good or service.

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DRACO can also be exchanged for non-fungible tokens (NFT), which users can see in the game. Those NFTS can traded on a NFT marketplace that’s scheduled to be launched next month.

According to the coin’s webpage, DRACO’s real value is derived from its nominal value with a share dividends-based bonus. Its intrinsic value, meanwhile, is “guaranteed” via the value of resources derived from the game, according to the game’s publisher, Wemade Co..

The price for DRACO stands at around $6.25 and has jumped 221% over the last 24-hours.

The game – which has been released in 170 countries and in 12 languages – can be played on different platforms and downloaded on a mobile phone or PC.

MIR4 made its debut in South Korea during a testing phase last year and successfully completed further testing earlier this month, according to the release.

Sebastian Sinclair

Sebastian Sinclair is the market and news reporter for CoinDesk operating in the South East Asia timezone. He has experience trading in the cryptocurrency markets, providing technical analysis and covering news developments affecting the movements on bitcoin and the industry as a whole. He currently holds no cryptocurrencies.

Sebastian Sinclair