Marketplace Dynamics

The price oracle in The Archeologists is integral to maintaining economic balance within the game by aligning the currency value ($ARTIFACTS) with real-world currency standards. Here’s how it functions:

Adjustments Based on Currency Value Changes:

• Increase in $ARTIFACTS Value: When the dollar value per $ARTIFACTS increases, the amount of $ARTIFACTS awarded for discoveries decreases. Simultaneously, the costs in $ARTIFACTS for creating new tools and hiring archaeologists (akin to minting workers and spaceships) decrease.

• Decrease in $ARTIFACTS Value: Conversely, if the dollar value of $ARTIFACTS decreases, the payouts in $ARTIFACTS increase, and the costs for creating tools and hiring archaeologists rise.

Purpose and Mechanism: The oracle adjusts costs and rewards dynamically, ensuring that changes in the $ARTIFACTS value don’t disrupt the game’s economy. This is crucial because the total supply of $ARTIFACTS is capped, and a significant increase in players could potentially deplete the available $ARTIFACTS in the game’s contract prematurely.

Reason for Implementation: The primary reason for employing the oracle is to stabilize the game’s economy around a predetermined dollar value, thus preventing inflation or deflation within the game. The adjustments made by the oracle allow the game to adapt to fluctuations in player numbers and $ARTIFACTS demand, which may arise from new game features or an influx of players. This ensures that entry costs and rewards remain balanced, fair, and accessible over time, reflecting consistent value per transaction regardless of market fluctuations.

In essence, the oracle facilitates a fair and sustainable economic environment, enabling both new and existing players to enjoy the game equitably.