My Neighbor Alice is a multiplayer blockchain builder game that enables players to buy virtual islands, collect and build items, and meet new friends. It allows users to collect and trade non-fungible tokens. The game aims to transform open-world gaming with a blockchain-based system to enable user-to-user interactions.
The game has its own governance utility token — ALICE, which serves numerous functions.
- First, it’s possible to use ALICE to buy assets and special skill sets both in the game and in the marketplace.
- As it’s a governance token, its holders can participate in proposing and voting for the platform's developments through a Decentralized Autonomous Organization called the Community Council.
- ALICE tokens are used for staking. If you stake the tokens, you get a percentage of platform revenues.
The total supply of the ALICE token is limited to 100,000,000 units.
To get ALICE tokens, you can buy them on an exchange or trading platform or earn ALICEs by completing quests, collecting and trading different items, using an avatar to purchase and build Plots, or buying various items, including avatar’s clothes and cosmetics. Such a reward was created to encourage participation from users and to maintain traction.
If you want to trade the ALICE token, you should speculate on the price movements of the ALICE/USD pair.
The US dollar is the world’s reserve fiat currency that is used worldwide and serves as a legal tender in seven countries aside from the USA.
The best time to trade ALICE to US dollar is from 15:00 to 24:00 (GMT+3, indicated in LiteFinance trading platform) — the American trading session. These periods correspond to increased liquidity of the US dollar, as investors put their funds in the US dollar during working hours. There is no perfect period for a certain cryptocurrency, as crypto trading is accessible 24/7.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
