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TLM Meaning: What Is TLM Cryptocurrency

By James Dean
Aug 1, 2022
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Alien Worlds token (TLM) is the native token of one of the fastest-growing NFT DeFi metaverses, one that simulates economic collaboration and competition between players. Players compete to get trilium (TLM) to gain access to additional gameplay and control competing Planet DAOs (Decentralized Autonomous Organizations).

In this article, we’ll break down the TLM meaning that relates to the Alien Worlds ecosystem and more about this blockchain-based game.

TLM Meaning

Trilium (TLM) is the native token of Alien Worlds metaverse, a decentralized blockchain game that leverages elements of the DeFi and NFT technology. It is a fungible ERC-20 token that can be used across the metaverse. By mining the right land with the right tools, you can get more trilium.

A total of 10 billion Alien Worlds tokens (TLM) is available, but it is unlikely to reach that figure as trilium operates on a declining inflation rate. The estimate is a maximum of five billion tokens. According to the open-source Alien Worlds algorithms, all created trilium goes first to the planet, and then the players.

What Is Alien Worlds?

Alien Worlds is a blockchain game in which players compete against each other to get trilium (TLM), which is a scarce resource in this simulated economy. Users govern using the TLM token on the Planet DAOs. It is pictured as a DeFi metaverse that is free to play, and runs on the WAX network which supports Binance Smart Chain (BSC) and ETHereum.

Trilium is deployed to all three blockchains, having each of these three blockchains offer different functionalities of Alien Worlds. The staking functionality, regarded as a mission in Alien Worlds, runs on the BSC blockchain. Missions are offered to BEP-20 TLM token holders. WAX is the blockchain that supports the transactions layer, on which transactions can be performed without a fee, for the core gaming features, such as Federation and Planets.

You will need a WAX Cloud Wallet before you can login and start playing Alien Worlds. All new players will receive a tool to help them start mining. You receive the Alien Worlds token (TLM) by mining. You can stake trillium to one or more planets (there are a total of six planets) and players can apply for a planetary counselor position, to help rule the planet.

How To Get TLM tokens?

You can obtain the Alien Worlds (TLM) token through staking, mining, or by purchasing it on Binance or other supported cryptocurrency exchanges.

Players can use the in-game tool NFTs to mine trilium (TLM). Players who own Land NFT, can use those to rent them and receive TLM in return. By mining, players can receive TLM and even additional NFTs.

The mining process depends on the tool and land NFTs, as each can have better ratios and mining cycles. Using a well-thought combination of Tool and Land NFTs can lead to more Alien Worlds tokens.

Use Cases Of TLM

Trilium (TLM), the Alien Worlds native token, serves as an in-game currency that enhances the gaming experience within its ecosystem. So, how can you use trilium (TLM) in Alien Worlds?

Planetary governance: players can stake TLM to participate in the governance of the planets

Staking: holders can stake TLM to earn rewards

In-game currency: use TLM to upgrade and purchase items, participate in quests, and other activities

Rewards: active players may receive TLM incentives for their activity in Alien Worlds to help develop the ecosystem

For purchasing NFTs: the in-game items are minted as NFTs, and help players mine TLM, engage in battles and other Alien Worlds activities

Cross-chain: TLM can be migrated between BSC, ETHereum, and WAX

Closing Thoughts

Anyone can get started with this free-to-play blockchain game and earn the Alien Worlds token, which in turn can be converted to fiat. The game offers a complex ecosystem and many ways to evolve your gameplay using its native token. Moreover, you can upgrade your NFTs to further aid your mining and staking efforts.

Hopefully, you now understand the TLM meaning, how the Alien Worlds token works and what you can expect when you start playing this game.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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