What is elemon? Overview of the Elemon and ELMON Token project

• Overview of Elemon
• What is ELMON (ELMON)?
• Elemon's Mission and Vision
• Basic information about the summoned beast Elemon
• Elemon's Game Modes
• Outstanding features of Elemon
• Project development roadmap
• Elemental developers and investors
• General overview of the ELMON . token
• Basic information about ELMON . token
• Distribution of ELMON tokens
• Details of ELMON token allocation plan
• The best place to store and buy ELMON tokens today
• Evaluate the Elemon project and should invest in ELMON tokens?
• summary

Overview of Elemon

What is ELMON (ELMON)?

Elemon is a NFT Play-to-Earn game project combined with the new generation IDLE RPG trend built on the BNB Chain platform. With the IDLE mechanism, players will not have to spend too much time playing the game. Even when disconnected from the network, players can still play the game and receive rewards from Elemon. In the game, players will control summoned beasts (Elemon) with many different attributes in the form of NFT to participate in combat, do missions ... and receive rewards as ELMON tokens and many valuable NFT items.

Elemon's Mission and Vision

Mission

Elemon was created and developed to be a friendly game that is easy to play for everyone while helping them earn a steady source of passive income.

Vision

Elemon places great faith in the future of GameFi. The project expects that the blockchain-based Play-to-Earn market will explode and become more and more popular in this digital era.

Basic information about the summoned beast Elemon

To own the Elemon summoned beast, you can summon it by opening the Mystery Box, summoning in the game or directly buying the Elemons being sold on the game's marketplace.

Index

Each Elemon has 8 basic stats including:

• HP (blood)
• P.Atk (physical attack power)
• M.Atk (magic attack power)
• P.Def (physical defense)
• M.Def (magic defense)
• Speed ​​(speed)
• Dodge (Dodge rate)
• Crit (crit rate)

Tribe

There are 18 different types of Elemon including:

• Nomal
• Fire: Heal % per turn after using skill
• Water: High HP
• Electric: Has the ability to stun
• Grass: Skill with healing ability
• Ice: Freeze and anti-freeze
• Fighting: High attack stats, few effects
• Poison: Enemy applies poison and drains health by % per turn after using the skill
• Ground: Many skills deal massive damage
• Flying: High Evasion Stats
• Psychic: An attack skill that reduces armor and magic resistance as well as many other effects
• Bug
• Rock: Not frozen but still stunned
• Ghost: Many strange skills such as hypnosis, enchantment
• Dragon: The skill has no effect, but the damage is very high
• Dark: Strange attack skills such as counter damage, weakening
• Steel: High Defense Stats
• Fairy: Assistant skill, low damage (reduces opponent's attack power and increases ally's attack)

Purebredness

The Elemons are divided into 2 types of Purity, including Pure (pure breed) and Hybrid (hybrid). Purebred Elemon will be stronger than hybrid Elemon.

Rarity

Elemon is also divided into many different rarity including B, A, S, SS and SSS. Rarity is determined based on an overview of all the elements that make up an Elemon including stats, skills, and purity. From there, it helps players easily assess their strengths and weaknesses when comparing the Elemons with each other.

Skill

The number of skills for each Elemon is different. Minimum of 1 skill at the start and maximum of 4 skills are gradually unlocked according to the number of Elemon's stars (3, 6, 9 stars). These skills are upgradeable.

Bodyparts

One highlight of Elemon compared to other similar games is the bodypart. Each Elemon has a maximum of 6 separate bodyparts and has the effect of increasing the stats of the summoned beast. Similar to Elemon, bodypart also has an additional level of rarity, including: 

• Common
• Uncommon
• Rare
• Epic
• Legend
• Mythical

Elemon's Game Modes

IDLE Campaign : Players will use their Elemons, participate in battles and pass the game screen to collect in-game resources such as experience, items... Players will spend energy when participating in this game mode. .

PVP : Each player will build their own base on an island. You will use the Elemons to defend your island against attacks from the outside. Players can also bring their Elemon to conquer other islands and bring back many loot and resources.

World Boss Battle : This mode will open 2 times per day. The number of rewards players receive will be based on the amount of damage they deal to the Boss.

Tournaments and Esports : Tournaments scheduled to be held in the future.

Outstanding features of Elemon

• Ranking : Players can participate in top-level racing activities, battle force ... with other players and rank up to receive valuable rewards.
• Equip : Equip each element with items to help them increase their strength. Each Elemon will also have a total of 6 types of equipment corresponding to the stats of the version. The project will launch each of these equipment sets in the future according to the updated plan in the development roadmap.
• Quests : Players can search for rewards through the basic mechanics and tasks in the game by day, week or month. The reward will correspond to each task level.
• Shop : This is a place to sell resources and equipment so players can buy and upgrade their Elemon.
• Evolution : When the Elemons reach a certain level of entry, the player can conduct crossbreeding between the Elemons to create new Elemons with superior appearance and stats compared to their parents. Players will need to use ELMON tokens to use this feature.
• Event : Based on player's level rating, Elemon level and battle strength. The game will build top racing events as well as make separate events with attractive prizes.
• Marketplace: This is where players can buy, sell, trade the game's Elements and Mystery Boxes with other players.

Project development roadmap

Quarter 1 of 2022 :

• Launch of friend and chat feature
• Launch of challenge, guild feature
• Added Corsair Wheel and Corsair PvE Modes
• Launch of the game version on mobile
• New Elemental Development

Second quarter of 2022 :

• Added Boss Mode and Infinity Wheel
• Upgrade Elemon Aura
• Conduct Phase 1 Development of Metaverse and Elementor
• Launch of equipment system
• New Elemental Releases

3rd quarter of 2022 :

• Conducting Phase 2 Development of Metaverse and Elementor
• Launch of evolution system and in-game shop feature
• New Elemental Development

Quarter 4 of 2022 :

• Conducting Phase 3 Development of Metaverse 
• Organize a tournament
• New Elemental Development
• Introducing the new Elementors
• Launched title system and in-game item trading platform

Elemental developers and investors

Development team

Elemon's development team are all prominent faces with many years of experience in the fields of graphics, game making and blockchain. Many members used to work at VTC Game studio, a studio with great contributions to the development of Vietnam's game industry during the past 10 years.

Adviser

Elemon's team of advisors includes: 

• Hung Nguyen: Co-Founder of Moon Knight Labs and CEO of Faraland
• Kelvin Phan: Co-founder of Moon Knight Labs, Faramedia. He is also the Marketing Manager and Product Manager of Faraland
• A-Hau Nguyen: Founder of 590 Ventures, admin of Crypto Viet Nam 590 group and advisor of Faraland

Investors, partners

Elemon is currently invested and is a partner with many companies, investment funds, large projects in the Crypto market such as x21 Digital, Faraland, Moon Knight, Kardia Ventures...

General overview of the ELMON . token

ELMON is the official utility token of the Elemon game project, released on the BNB Chain network according to the BEP-20 standard. ELMON is used to:

• Farming : Owners can use their ELMON tokens to participate in the Farming feature to exchange NFT in the game.
• Payment : ELMON can be used as an asset to pay for transaction costs in the game's NFT Marketplace.

In the future, the development team will update more use cases for the ELMON token.

Basic information about ELMON . token

• Token Name: Element Token
• Ticker: ELMON
• Blockchain: BNB Chain
• Token Standard: BEP-20
• Contract: 0xe3233fd…cf5f3f
• Total Supply: 2,000,000,000 ELMON
• Circulating Supply: Updating…

Distribution of ELMON tokens

• Seed Round: 3.4% (68,000,000 ELMON)
• Private Round: 13.1% (262,000,000 ELMON)
• Public Round: 1% (2,000,000 ELMON)
• Ecosystem and Farming: 31% (620,000,000 ELMON)
• Development Team: 18% (360,000,000 ELMON)
• Partners and advisors: 8% (160,000,000 ELMON)
• Marketing: 20.5% (410,000,000 ELMON)
• Liquidity: 5% (100,000,000 ELMON)

Details of ELMON token allocation plan

• Seed Round (68,000,000 ELMON): Unlocked 6% at TGE, next 2% at week 3, 8 months after TGE, distributed linearly every 2 months for a period of 24 months
• Private Round (262,000,000 ELMON): Unlocked 6% at TGE, next 2% at week 3, 8 months after TGE, distributed linearly every 2 months for a period of 24 months
• Public Round (2,000,000 ELMON): Unlock 50% at TGE, lock 1 month then distribute linearly over 2 months
• Ecosystem and Farming (620,000,000 ELMON): Linear distribution for 50 months
• Development Team (360,000,000 ELMON): Unlock 2.5% in 2nd week and 2.5% in 2nd month after TGE. Amount remaining after 15 months from TGE, linearly distributed over a period of 30 months
• Partners and Advisors (160,000,000 ELMON): Unlock 2.5% in the 2nd week and 2.5% in the 2nd month after TGE. Amount left over after 12 months from TGE, linearly distributed over a period of 30 months
• Marketing (410,000,000 ELMON): Unlock 5% at 2nd week after TGE, lock 2 weeks then distribute linearly over 19 months
• Liquidity (100,000,000 ELMON): Unlocked

The best place to store and buy ELMON tokens today

Currently, the ELMON token is being listed and supported for trading on the PancakeSwap exchange.

ELMON is a token according to the BEP-20 standard. Therefore, you can safely store this token on e-wallets that support tokens of this standard such as MetaMask , Trust Wallet, Binance Wallet, etc.

Evaluate the Elemon project and should invest in ELMON tokens?

In 2021, Elemon is expected to be the next successful game created by Vietnamese people after Axie Infinity . This is a new generation IDLE game project, integrating many unique features never seen in previous NFT game projects. At the same time, Elemon also owns a professional development team with many years of experience in the field of game making. 

However, by 2022, Elemon began to encounter many allegations and scandals related to price manipulation and token discharge from the project development team. Specifically, on January 18, the Elemon Vietnam community denounced the MEXC exchange for selling off a large amount of ELMON tokens, causing the digital currency's price to drop, and lowering the project's reputation. Responding to the above allegations, MEXC side issued a notice on the website denying involvement. MEXC said that the price of ELMON decreased due to the deposit and sale of many token holders. At the same time, there are a number of large accounts that withdraw funds to an external platform for sale. Soon after, MEXC stopped trading ELMON on its platform.

The issue between the MEXC exchange and the Elemon project became a hot topic of debate in the crypto investment community in Vietnam at that time. From the evidence from the transaction data on the blockchain, many users believe that the MEXC side has sold off and lowered the token price to make a profit. On the contrary, many other users believe that the "discharge" is done by Elemon's development team.

At the time of writing, late April 2022, the value of ELMON is hovering around $0.07, split nearly 60 times from its peak at $3.50. If you are looking for an NFT game to experience, entertain as well as learn about blockchain technology, then Elemon is a choice not to be missed. And if you want to invest in Elemon to make a profit, now is not the right time. 

summary

Above is the basic information about the Elemon game project and the ELMON token. This is an NFT game project that applies Play-to-Earn mechanics and a new generation IDLE RPG model. With these 2 outstanding features, Elemon can bring income to players. Even if they don't play games. However, the controversy about price manipulation and token discharge has caused the value of ELMON coin to decrease deeply and lose its attractiveness to players.

For more details about the project, readers can view information at the media channels:

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