HoopCoin
Last updated
Last updated
HoopCoins are the main currency in HoopVerse, designed to keep things simple and focused. Here's what you need to know:
Unlimited Supply: There’s no limit to the number of HoopCoins in circulation.
How to Spend: HoopCoins can be spent on packs to strengthen your team. They cannot be sold or converted into other currencies. In the future, HoopCoins will also allow you to buy more stuff, including customization options.
Simplicity First: This is the only resource you need to care about—it’s easy and straightforward!
While HoopCoins cannot be directly converted to cash or sold, we use a fixed reference value: 1,000 HoopCoins = $1 (equivalent)
As of now, HoopCoin is not a token on the blockchain.
The primary way to earn HoopCoins is by participating in leagues and competitions. There are two ways to engage:
Own a Team: Manage your team’s performance to climb the standings.
Sign Players to Contracts: Have your players signed to other teams, and earn HoopCoins through their performance.
Each league has a total prize pool, which scales with the average rating of players in the competition. Currently:
The average prize pool is 250,000 HoopCoins (equivalent to $250).
Exact numbers may change as we fine-tune the economy to ensure fairness and balance.
To maintain a healthy economy, HoopCoin distribution is tied to the player retirement rate. This ensures HoopCoins are primarily used to fund the replacement of retiring players, preventing unnecessary “printing” of currency.
Rewards vs. Sustainability: Top-performing users earn significantly more than they need to maintain their rosters, allowing them to make a profit.
Not a Money-Making System for All: While top users benefit, it’s important to set realistic expectations—HoopCoins are meant for in-game use, not for universal profit.
The league prize pool is distributed based on performance, with a structure designed to reflect NBA-like dynamics. Currently, 90% of the pool goes to team rankings, while 10% is reserved for player awards such as Most Valuable Player, Defensive Player of the Year, and more.
By making 15th place more valuable than spots 11th–14th, we encourage “tanking” to reflect real-world NBA strategies. This creates exciting and dynamic competition at every level.
Champion
30%
Finals
20%
Conference Finals
10%
Conference Semifinals
5%
First Round
2%
Play-In
1%
11th
0.25%
12th
0.25%
13th
0.25%
14th
0.25%
15th
1%
Most Valuable Player
3%
Defensive Player Of The Year
2.5%
Rookie Of The Year
2%
Coach Of The Year
2%
Sixth Man Of The Year
0.5%
We are closely monitoring the distribution of HoopCoins to maintain an optimal balance between rewarding users and sustaining the in-game economy. Adjustments may occur to keep the system fair and engaging for all players.
