Trading System
The trading system is a system by which characters can exchange assets for tokens through buying or selling at terminals across different locations.
System Description
Generally, the Trading System allows characters to instruct their avatar to exchange assets for tokens (selling) or reverse (buying). Depending on the asset, in particular, there a three ways to trade:
| Name | Description |
|---|---|
| Valuables Conversion | Occurs in-world, by using an Automatic Credit Machine (ACM) to convert credit chips to IGC. Not possible at this time to convert IGC to credit chips; |
| Centralised asset trade | Occurs in-world, by using a Merchant Terminal to convert certain assets to IGC (selling) or convert IGC to certain assets that are available at that particular merchant terminal (buying); |
| Decentralised asset trade | By using certain out-world digital platforms. What platforms are available depend on the ownership ledger of the asset (more below); |
Valuables Conversion
To use this sub-system, a character must navigate their avatar to a location with an Automatic Credit Machine (ACM).
Once there and the interactivity prompt appears for the avatar, interaction with the ACM terminal is possible, then the character is presented with a screen that has on it's right their inventory slots and on the left the ACM slot.
By drag and dropping the credit chip assets from the inventory portion and onto the ACM slot the conversion transaction is made. The credit chip asset is removed and the character's IGC balance in the lower left corner is updated based on the credit chip's value.
Centralised asset trade
To use this sub-system, a character must navigate their avatar to a location with a merchant terminal. Note that merchant terminals come in types, with each type accepting to trade in certain types of centralised assets.
Once the interactivity prompt appears for the avatar and interaction is achieved with the merchant terminal, the character is presented with a screen that has on it's right their inventory slots and on the left a scrollable list of the assets the merchant terminal is willing to sell to the character.
Buying
Buying occurs when the character presses the buy button next to the asset in the merchant's scrollable list. Then if the character's IGC balance is enough to cover the cost of the bought asset, it is transferred to the character avatar's inventory and the IGC balance is updated.
Selling
Selling occurs when the character drags and drops an asset or resource from the character avatar's inventory to the merchant's scrollable list. When the asset or resource is dropped the item is sold and the character's IGC balance is updated based on the sold asset's sell value.
Decentralised asset trade
Buying and selling of decentralised assets occurs on third party digital platforms between individual owners. It does not use any non-character systems or entities.
Depending on what ownership ledger is used for the asset, there are different platforms serving different ownership ledgers.
Cardano
For assets that use Cardano as their ownership ledger, assets are traded on https://www.jpg.store/.
Base
For assets that use Base as their ownership ledger, assets are traded on https://opensea.io/