💎Premium Currencies
What Are Premium Currencies?
Premium Currencies are special in-game currencies used to buy items, cosmetics, or participate in certain activities within Open Loot partner games. Unlike NFTs or blockchain tokens, Premium Currencies are off-chain, they exist only within the game and Open Loot marketplace ecosystem.
Depending on the game, these currencies can be granted, purchased, traded, or converted.
Types of Premium Currencies
Games can have one or more types of premium currencies.
You can identify the type of a premium currency by the button options available for it on the marketplace (for example, “Purchase”, “Buy” and “Sell”, or “Convert”).
Basic
A simple in-game currency used for gameplay features or rewards. Granted directly by the game, not tradable or purchasable.
Purchasable
Can be bought on the marketplace with real money or other tokens. Often used for buying skins, bundles, or special items.
Tradable
Can be traded between players. These currencies are exchanged in “stacks” or bundles, rather than one-by-one. Stack size and trade limits are defined by the game’s economy.
Convertible
Can be converted into on-chain tokens. These bridge the in-game economy with the blockchain, allowing players to transform held or purchased currency into a crypto-based asset. Conversion availability and rates are defined by each game.
Key Details
Premium Currencies are off-chain. Only convertible currencies can be consumed in exchange for blockchain tokens.
Each game defines its own economy, including how players can get, trade, or convert these currencies.
Premium Currencies can be granted:
As rewards for gameplay or events
Through purchases on the Open Loot marketplace
Or directly by the game team during special campaigns
Last updated