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Hosted on BSC, Elemon is a platform featuring tokenized digital creatures in a virtual universe. This utilizes the feature of non-fungibility from ERC-721, the standard for representing ownership of non-fungible tokens (NFTs).
Elemon aims to combine gaming and digital collectibles in its ecosystem and will make use of an NFT- based gameplay, integrated with a blockchain-based decentralized financial system. In the Elemon game, the tokens represent various creatures and identify specific digital Elemons.
This means that there are no two identical tokens, and therefore assets, in order to boost the idea of scarcity. This, combined with other features of the gameplay, creates a difference in value between the game's creatures. Players are also able to sell their Elemon creatures for ELMON tokens.
