Tokenomics

BITS is the internal governance token native to Cryptobots. This token is utilized in p2p trading, in-game rewards for leaderboards and staking. The limited quantity of the token can be acquired for performing in-game activities or as a payment for goods. This token is set to be used in in-game player-driven DAOs and as a requirement to participate in end-game content. BITS will be required for a variety of tasks including merging or upgrading bots, crafting ships, and making any sort of in-game transaction.

OIL, the in-game token for Cryptobots, will be used as a system to reward player activities. Winning matches, completing daily challenges, and finishing missions will all be rewarded with OIL. Bot merging and upgrade fees are paid using the in-game token, with the amount increasing for every subsequential upgrade.