CoinToFish (CTFT) is a play-to-earn maritime game on the blockchain. CoinToFish aims to upgrade the features of gaming NFT and add a special aquatic touch to the gameplay. The ecosystem operates on the Binance Smart Chain (BSC) network to provide users the benefit of low transaction charges. Marine pollution is a threatening issue in the present times. CoinToFish wishes to contribute towards the cleanliness of the sea and the maintenance of the aquatic fauna.
The gameplay encourages players to participate as fishers in a vast aquatic digital ecosystem. CoinToFish hosts an expansive NFT marketplace containing cryptocurrency assets like corals, fishing rods, eggs, charcoal sticks, seaweed, and more. Since a fishing rod is essential to start fishing, the game encourages players to purchase the NFT asset first.
CTFT, the official CoinToFish token, is of primary utility in the gameplay. The game encourages players to swap the CTFT tokens for assets like corals to progress in the CoinToFish game. The ratio is mostly 1:1, meaning that the value of one CTFT token is equivalent to one coral. Players can utilize the corals to purchase eggs and fishing rods. CoinToFish rewards players for participating in the fishing system. Players using a stick with thread win one reward, while players using fishing rods win three rewards and five rewards for using a charcoal stick. Also, once a fish (NFT) is sold, some part of the transaction goes into destroying the CTFT from the circulation. In this way, the platform reveals self-sustaining functionality.
CoinToFish allows players to farm, breed, upgrade the features of the NFT assets or fishes, and fight the fishes as a part of the gameplay. Players are encouraged to feed the fishes every four hours to win additional corals as rewards. Based on the staking system of CoinToFish the game allows players to stock and lock their corals for a set time to win additional corals as rewards. According to the gitbook, CoinToFish rewards 15% as profits among token holders for staking the CTFT tokens for 30 days. CTFT allows players to govern the economy of the gameplay. The sustenance of fish majorly depends on the food. The token seeks to empower players with decision-making rights like fixing the price of bread, apples, or other fish foodstuffs.