> For the complete documentation index, see [llms.txt](https://maxion-1.gitbook.io/ragnarok-landverse-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://maxion-1.gitbook.io/ragnarok-landverse-whitepaper/token-economy/tokenomics.md).

# Tokenomics

<figure><img src="/files/FhsK09exz9quHnoAgORh" alt=""><figcaption></figcaption></figure>

The token economy, tokenomic, describes the relationships between systems, currencies and tradable digital items. The visual above is a tokenomic illustration of how these relationships work. There are generally two layers in this token economy mapping, the blockchain layer and the game layer.

### Game Layer

The relationships within the game layer focuses on gameplay systems and activities that aid the player's characters in their leveling and progression.\
\
The key systems are Stamina, Crafting, Item and Character Progression.\
\
[Stamina ](/ragnarok-landverse-whitepaper/game-guide/stamina-system.md)- needed for ore [mining ](/ragnarok-landverse-whitepaper/game-guide/mining-system.md)and [monster loot boxes.](/ragnarok-landverse-whitepaper/game-guide/monster-drop/monster-loot-box.md)\
Moonstone - a cash point of Ragnarok Landverse. can be used for purchasing in-game rewards which allows players to acquire the resources they need to progress more quickly or access premium features such as minting ADAM.\
Crafting - requires ADAM, equipment, zeny and essential materials. Affects equipment [grade up](/ragnarok-landverse-whitepaper/game-guide/character-progression/grade-up-system.md), [refinement ](/ragnarok-landverse-whitepaper/game-guide/character-progression/refinement-system.md)and [enchanting](/ragnarok-landverse-whitepaper/game-guide/character-progression/enchanting-system.md).\
Item Progression - Equipment grade can be measured with gear score, This can be minted and sold on [NFT marketplace.](/ragnarok-landverse-whitepaper/token-economy/nft-marketplace.md)  The minting of Item progression requires a VIP account and 100 units of Moonstone.\
Character Progression - When a character progress in level, he/she will be able to equip higher tier equipment and items.

### Blockchain Layer

Manages how tokens (cryptocurrencies) interact with each other and there are smart contracts in place to determine how this layer would function.\
\
The tokens are ADAM, ION, BNB, USDC, Land NFTs and Equipment NFTs.\
\
ADAM - Is an end product from refining adamantine fragments, can be minted to crypto wallet. The minting of ADAM requires a VIP account and 100 units of Moonstone while adamantine fragments can be obtained by mining ore in the game.\
ION - Is a payment token for Maxion's platform e.g. [NFT Marketplace.](/ragnarok-landverse-whitepaper/token-economy/nft-marketplace.md) ION tokens are obtained through a minting process that involves exchanging USDC tokens on a 1:1 basis.\
BNB - Require for gas fees payment to the blockchain network.\
USDC - A stablecoin that is pegged to US dollar and managed by [Circle](https://www.circle.com/en/usdc).\
[Land NFTs](/ragnarok-landverse-whitepaper/token-economy/land-nfts.md) - Non-Fungible Tokens that are tied to Land contracts and can be own by players and traded on the NFT Marketplace.\
Equipment NFTs - Equipment and specific items in your inventory can be minted to the NFT Marketplace to be traded.