Explore Faraland’s Black Market, a unique fusion of a marketplace and Staking v3. Enhance your gameplay with high-quality equipment for intense PvP matches. Effortlessly integrate your equipment using the storing wallet or the innovative Non-Fee Wallet, accelerating your journey to victory. Unleash your potential and seize glory in the realm of Faraland.
Key Takeaway
- There are 4 different classes of ‘Magical Chest’, each with different classes: Rare, Epic, Legendary, Mythical.
- Each ‘Magical Chest’ will hold valuable items, based on the amount of $FARA users’ stakes to convert to Knights Tokens and Royal Tokens.
- All of the ‘Magical Chest’ will be reset when time is fulfilled (explained in the next section)
- Each ‘Magical Chest’ will have its rarity, based on the equipment, including
- Each ‘Magical Chest’ will have its limit for purchase density, as First come first served.
- Each chest will have a different duration of existence before resetting the equipment within it. The reset time for the black market is settled at UTC + 0, depending on the expiring dates of each chest.
- The equipment can be stored via existing wallets or the new Non-Fee Wallet.
- Equipments including in the Magical Chest will be updated in the future
What’s the Black Market ?
The Black Market functions as a distinct and privileged marketplace, operating alongside the conventional trading platform utilized by users at present. Within this unique system, items are categorized and stored within nine distinct ‘magical chest’, each characterized by varying price ranges, as well as differing levels of quality and quantity. The commodities available through this marketplace are not only exclusive but also boast exceptional attributes, complemented by their limited availability, that is poised to appreciate significantly in the times ahead. As time progresses, Faraland’s intentions involve the introduction of updates exclusively for goods featured within the Black Market.
Furthermore, the Black Market encompasses supplementary functionalities akin to those found in conventional markets. These include the ability to stake items, engage in crafting endeavors, as well as conduct seamless item deposits and withdrawals.
How to use the Black Market?
The Black Market operates on the exchange of Knight and Royal Tickets for access to its ‘Magical Chest.’ These tickets are attainable as rewards through the staking of $FARA within the innovative staking V3 mechanism (link to the relevant article). The number of Knight and Royal tokens visible atop the user interface empowers users to effortlessly opt for their preferred ‘Magical Chest’ and procure the enclosed equipment with a simple click on the ‘Exchange’ button. Subsequently, the acquired equipment seamlessly transfers to the User Portal and associated wallets, affording users the liberty to select among staking, crafting, or listing on the regular marketplace, much like the options in the current marketplace.
This latest iteration of the Black Market proudly introduces the Non-Fee Wallets, an innovative extension designed to complement the Black Market experience. These Non-Fee wallets empower users by negating transaction fees for activities like staking and crafting, with further details elaborated upon in subsequent sections.
Is it possible to list the equipment obtained from the Black Market on the traditional marketplace?
Absolutely, it is possible! All users possess the capability to list items procured from the Black Market within the traditional marketplace, just as they would with other equipment from Faraland’s existing marketplace.
About the Non-Fee Wallet
We are proudly introducing the Non-Fee Wallet, integrated with the Faraland Black Market. With the Non-Fee Wallet, users can freely manage their NFTs without additional charges, while the user experience and features stay the same as the Traditional Wallet. This enhancement allows warriors in Faraland to equip elite armaments, enabling unlimited crafting possibilities for all of the heroes without any limitations from the transaction fee. Faraland combines technology and ambition to create a realm of endless possibilities.
How To Use The Non-Fee Wallet?
How to get Knights and Royal Tokens?
Please check: Staking V3
Package Details
| Equipment Package | Cyan Chest | Cyan Chest  | Violet Chest  |
| Equipments Included | Rare Equipment from Tier 1 list | Rare Equipment from Tier 1 list | Epic Equipment from Tier 1 list |
| Quantity | Receive 3 random types of equipment at tier 1, with each type having a quantity of 9 | Receive 3 random types of crafted equipment at tier 1, with each type having a quantity of 9 | Receive 1 random type of crafted equipment at tier 1, with each type having a quantity of 3 |
| Equipments Package | Lavender Chest  | Indigo Chest  | Violet Chest  |
| Equipments Included | Epic Equipment from Tier 1 list | Epic Equipment from Tier 1 list | Epic Equipment from Tier 1 list |
| Quantity | Receive 3 random types of crafted equipment at tier 1, with each type having a quantity of 3 | Receive 8 random types of crafted equipment at tier 1, with each type having a quantity of 3 | Receive 1 random type of crafted equipment at tier 1, with each type having a quantity of 3 |
| Equipments Package | Sunflower Chest  | Majestic Chest  | Goldenrod Chest  |
| Equipments Included | Divine Powder Grima’s Wing Grima’s Horn | Mythical Equipments | Legendary Equipments |
| Quantity | Randomly choosing 1 item between these 3 item category | Random 1 Crafting Item | Random 1 Crafting Item |
Disclaim:
- This is the suggested mechanism for the Black Market. Any changes will be announced via Faraland’s Discord Channel/ Twitter/ Blog
- Your amount of asset ($FARA) will be secured in this mechanism, like other staking solutions from Faraland
- The regulations and code of ethics of the Black Market are identical to the Marketplace
Faraland – the Biggest War Games on Blockchain
💥 Twitter: https://twitter.com/faraland_io
💥 Discord Community: https://discord.com/invite/faraland
💥 Announcement: https://discord.com/invite/faraland
💥 Blog: https://blog.faraland.io/
💥 DAO Governance: https://vote.faraland.io/#/
💥 Whitepaper: https://faraland.io/static/media/whitepaper.18059aa1.pdf
**Disclaimer: Digital asset prices are subject to high market risk and price volatility. $FARA token and NFT are designed solely for use within our on-chain gaming ecosystem and is intended exclusively for participation in gameplay experiences. They are not, and should not be considered as, an investment vehicle, security, financial instrument, or speculative asset. Holders should have no expectation of profit, return on investment, or appreciation in value from the purchase, holding, or use of this token and NFT.
blog.faraland.io 