What is AVACOIN (AVACN)?

What is AVACOIN (AVACN)?

Avacoin (AVACN) is a popular Telegram-based game that allows users to mine virtual gold by tapping on a coin icon. Players can join or create guilds, complete challenges, and earn real-world value from their efforts. This interactive game integrates cryptocurrency and gaming to bring about a unique platform where digital actions can lead to tangible rewards. Avacoin has rapidly gained traction with its engaging gameplay and promising earning potential, having achieved millions of active users worldwide.

How AVACOIN (AVACN) Works

Active Participation in Games and Predictions

Avacoin distinguishes itself from other tap-to-earn platforms by rewarding users for engaging in various interactive activities. Players can predict outcomes of events such as sports matches, where correctly predicting the result of a Euro match, for example, can earn them 10,000 AVACN tokens. This system encourages users to be more involved and strategic for a more dynamic and rewarding experience.

Task Section and Social Challenges

The task section allows players to complete straightforward tasks to boost their in-game currency, the Avacoin token (AVACN). These tasks include social challenges that reward fixed amounts of Avacoin tokens, which are particularly useful during the game’s Treasure Hunt event. This feature not only enhances user engagement but also provides additional opportunities to earn tokens.

Forming and Joining Guilds

Avacoin emphasises community by allowing players to form or join guilds. Guilds are groups of players who can collaborate, compete against other guilds, and share in the rewards. This feature fosters a sense of team spirit and teamwork to enhance the overall gaming experience.

Staking Option

Players can now enhance their earnings by staking their in-game collected coins. Staking offers a fantastic opportunity to earn passive income by locking their tokens for a certain period. With Avacoin's rapid growth and increasing user base, staking allows players to benefit from the platform's expanding ecosystem. By staking their tokens, users can maximise their potential rewards and, at the same time, support the platform's development and contribute to its long-term success. This makes staking an exciting and lucrative addition to the Avacoin experience as users are encouraged to become more invested in the game’s future.

Frens (Referral Programme)

The refreshed referral programme rewards users based on their direct referrals. Unlike the previous mining stage, the new system offers set amounts of Avacoin tokens for each referral. This incentivises users to invite more friends to join the game for a rapid expansion of the community and increasing overall engagement.

Apps Section

The new apps section showcases other popular tap-to-earn games and Telegram applications related to crypto mining. This feature is especially interesting for users exploring various crypto mining apps as it provides a broader view of the ecosystem and potential opportunities.

Mining Virtual Gold

The core of Avacoin’s gameplay initially involved mining virtual gold dust by tapping on a coin icon within the app. However, as of June 01, 2024, gold dust mining has been paused. Mined gold dust has been converted to Avacoin tokens at a ratio of 1000 gold dust to 1 AVACN.

The AVACN Token

The AVACOIN tokenomics is structured to ensure balanced distribution and long-term sustainability. Out of the total supply of 20 billion tokens, 29.66% is dedicated to task rewards to incentivise user engagement through various in-app challenges. Marketing efforts receive 23.50% to attract more users and expand the platform's reach, while 15.84% is allocated to early players rewards for initial growth. The mining liquidity pool, comprising 15%, ensures smooth operation of mining activities, and 10% is reserved for listings on major cryptocurrency exchanges. Additionally, 5% of the tokens are kept in the treasury for future development and unforeseen expenses, and the remaining 1% is set aside to ensure sufficient liquidity for trading and transactions.

These allocations collectively aim to foster growth by attracting and retaining users, ensuring smooth operational liquidity, and providing flexibility for future development. By strategically distributing tokens across these areas, Avacoin is determined to support the platform's long-term health and sustainability and become an attractive option for both players and investors.

AVACN Goes Live on Bitget

Avacoin (AVACN) revolutionises the way we perceive virtual gaming by merging it with cryptocurrency. With over 6.4 million users and a robust staking system offering up to 903% APR, Avacoin is more than just a game—it's a gateway to financial rewards. Join millions and start earning with Avacoin!

AVACN on Bitget PoolX

AVACN will be a part of Bitget PoolX , a platform for users to earn new tokens for free on an hourly basis. Join now to get the best out of it!

From July 30, 10:00 – August 09, 10:00 (UTC), you can grab a share of 113,750,000 AVACN through:

● AVACN Pool: Each user can stake up to 400,000,000 AVACN in Bitget PoolX to earn from a 23,750,000 AVACN pool.

● USDT Pool: Each user can stake up to 1,000 USDT in Bitget PoolX to earn from a 90,000,000 AVACN pool.

To use Bitget PoolX, follow these simple steps:

● Step 1 - Coin Staking: Begin by selecting a staking pool from the available options. Choose the cryptocurrency you want to stake and the duration of your staking period. Once selected, confirm your staking amount to join the pool.

● Step 2 - Coin Distribution: After staking your coins, you'll automatically grab a share of the prize pool based on the proportion of your staking amount compared to the total staking pool amount. Rewards are distributed hourly, so you can expect to see your earnings accumulate over time.

● Step 3 - Results Display: Keep track of your rewards by checking the Participation History. Here, you can view the distribution of rewards and monitor your staking progress.

For more specific information on how to get AVACN tokens on Bitget PoolX, check out the announcement here.

Stake AVACN and USDT to Get AVACN now!

AVACN on Bitget CandyBomb

AVACN will also come to Bitget CandyBomb, the first-of-its-kind tasks-and-airdrop platform by Bitget!

From July 30, 10:00 – August 06, 10:00 (UTC), you can grab tickets to share 23,750,000 AVACN simply by completing the given tasks!

All you have to do is to go Bitget CandyBomb, click on the [Register] button below the corresponding event and complete any tasks you prefer.

Complete Tasks to Get AVACN now!

How to Trade AVACN on Bitget

Listing time: July 30, 2024

Step 1: Go to AVACN/USDT page

Step 2: Enter the amount and the type of order, then click Buy/Sell

Trade AVACN on Bitget now!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.