# Earning $EMERALD

### Basically... Diamonds

In version 1.0, the only way to generate new $EMRD tokens is to trade in-game diamonds to the server shop. Players are incentivized to claim as much land as they can to ensure only they can mine the diamonds there. \
\
**Price: 1 Diamond = 500 $EMRD**

Any player can use the in-game shops to trade diamonds for $EMRD. Since diamonds are a limited resource and our server map has a finite amount of land, our $EMRD token is backed by the amount of diamonds contained within the land. This will change in future updates as our economy evolves.

$EMRD can be traded as a regular ERC-20 token. This means it can be exchanged for any other token using any liquidity pool or protocol of your choice.&#x20;

Crypto Craft officially only trades in-game diamond for $EMRD tokens.

### Player Shops

Any player can create a shop on land they own and sell any in-game item for any amount of $EMRD. This creates a dynamic market where $EMRD will have standard prices for each item but these prices will fluctuate based on supply and demand.&#x20;

Shops have 2 types: \
\- Buy Shops\
\- Sell Shops

"Buy Shops" allow the shop owner to place items in a chest and set a $EMRD price that customers have to pay per item.&#x20;

"Sell Shops" allow the shop owner to choose an item they'd like to buy and their price. Customers can then bring items to this shop and sell their items.&#x20;

### Future Updates

Several updates are planned that introduce new ways of earning $EMRD for both Nations and individual players. Please read through the [Phase 1 ](broken://pages/bJOSjEPNoX28jG5yMtfs)and [Phase 2](broken://pages/yPeEdWlCKnmPOe1OZhb1) sections for more info.&#x20;

The core features of each update are listed and explained but a couple things will still be a surprise upon launch.&#x20;


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