After making its ERC721-C NFT creator protocol permissionless for deployment on any EVM chain, Limit Break announced it was working on a similar standard for ERC20 tokens.
Now the US web3 game and tech developer has introduced its cross-chain TokenMaster protocol, which enables developers to launch their own ERC20-C Apptokens.
Designed with game developers in mind, Apptokens are programmable tokens designed to be used within an app or ecosystem, whose liquidity can be curbed by parameters preset by the developer.
WolvesDAO member Winterfyre explains it that the protocol “will enable developers to set a fixed price for direct offerings while at the same time allowing them to bring all currencies within the game on-chain with some degree of parameter control to avoid de-stabilizing the economy.”
In a more exhaustive medium post, Limit Break lines up a few ways game developers may control their tokens from external fluctuation. For example, developers can implement gated access to the tokens for users who download and play the game, and/or complete in-game tasks. In a similar manner, various achievements can unlock the ability to sell a percentage of the tokens.
The protocol also lets developers decide what tokens can be paired, enabling “insulated in-game economies”, while the Apptokens can still trade with dynamic pricing which is fixed by a set value.
YGG founder Gabby Dizon commented, “One of the biggest problems with web3 gaming is the external liquidity distorting an in-game economy. What’s great about Apptokens is that game developers can harness the power of having tokens while still making them programmable towards the game environment they want to have.”
Of course, like any crypto tokens Apptokens can increase in value as a game gains more players that are using them. As these tokens operate onchain they still benefit from full transparency. However, due to the parameters being set by the developer, the idea is that they won’t suffer from uncontrolled volatility which risks killing games’ economies.
The initial TokenMaster version 1 also comes with different pools. Developers can integrate standard pools, stable pools, or promotional pools depending on what kind of economy they’re looking to create.
For a more thorough overview, check out Limit Break’s official Apptokens doc.
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