What Is Cryptosoul (SOUL)?

Cryptosoul is a decentralized economic model based on blockchain technology that seeks to provide valuable game rewards to the players. The tokens that players receive as rewards have real-world economic value. Cryptosoul aims to erase the barrier between game currency and real-world currency and encourage the creation and promotion of such models. The project seeks to solve the problem of existing economic game models as the players can now earn real value for their achievements in the game. 

The project seeks to earn through game statuses, in-game purchases like tokens and game bonuses, website shopping of SOUL tokens, and other cryptocurrencies. Besides, the project also seeks to earn from transfer fees and commission from the purchase of cryptocurrencies. Cryptosoul conducted a private sale for the development of Royal Crypto in June 2020.

SOUL token is the unified currency of Cryptosoul that functions on Ethereum and is ERC-20 compliant. The token issuance is limited to 1.37 million SOUL tokens per day. Users can receive SOUL tokens for their achievements in the game. SOUL can also be exchanged for Bitcoin and Ethereum. 

Cryptosoul's referral system also allows users to earn tokens by referring a friend to the game. Moreover, the platform burns purchased tokens and 20% of SOUL tokens spent in the game. Here, burning a token means removing the token from the circulating supply and reducing the token's total supply. When the platform needs investment for a new game, the platform can mint tokens. Minting the token means creating a new block, validating the information, and recording the same into the blockchain.

History of Cryptosoul (SOUL)

Cryptosoul was founded by Sergei Zasorin. The team of Cryptosoul has a bunch of professional and experienced game developers, 2D artists, social media, marketers, and community people.