Skip to main content

📀 BIT-Token

What is a BIT-Token?​

The main token of the R.Land project is called "BIT-Token", or simply "BIT". BIT-Tokens can be transferred directly between your In-Game Wallet and your WAX Wallet, making it the sole R.Land token to have utility outside of the game itself.

However, this isn't the only aspect that makes BIT-Tokens unique. Every single BIT also consists of each of the four R.Land Resources (Circuit, Alloy, rGas, Pixel), which can be mined in the R.Land Mining Game:

1x BIT = 1x Circuit + 1x Alloy + 1x rGas + 1x Pixel

In other words, a BIT-Token is automatically created for each full set of all four Resources in your In-Game Wallet. For example:

  • 12x Circuit, 24x Alloy, 23x rGas & 42x Pixel = 12x BIT-Tokens
  • 700x Circuit, 139x Alloy, 256x rGas & 99x Pixel = 99x BIT-Tokens

Consequently, the lowest amount of any of the four Resources in your In-Game Wallet will determine the amount of BIT-Tokens in your balance:

Example of Resources- and BIT-Balance
in your R.Land In-Game Wallet

danger

Remember that Resources are In-Game Tokens and therefore cannot be withdrawn to your WAX Wallet directly. However, withdrawing BIT-Tokens will automatically deduct the respective amount of Resources from your In-Game Wallet as well.

tip

In order to receive BIT-Tokens, Resources can either be mined actively by playing in the R.Land Mining Game or passively by simply holding Owner Shards in your WAX Wallet.

tip

The upcoming Resource-Swap feature will allow you to balance your Resource quantities and maximize the amount of available BIT-Tokens.

How to purchase BIT-Tokens?​

BIT-Tokens are available for purchase on the following third-party exchanges:

  • BIT/WAX Swap and Liquidity-Pool is available on Defibox.
  • BIT/WAX bet is available on Alcor.
info

It is recommended to trade BIT-Tokens on Defibox, since Alcor currently has only limited liquidity.