Kraken, The Oracle

History

The Kraken is charged with wisely protecting and regulating the world’s economy. “He will not protect you from CryptoSea or the dangers that dwell there.
In the depths lives something that cannot be named or called, a creature like no other that men have labeled in many ways. It is believed that his whole body extends throughout the crypto-sea and that each tentacle supports a fundamental pillar of the world, dominating and embracing it all. The weather and the winds obey him and of the sea he is the king. It is also said that a simple movement can sink or lift entire ships, islands or the trade of an entire civilization. Some attributed to him the cause of the last flood where the whole earth was once again one with the ocean.
In the hearts it causes terror and respect, however, some native tribes for some reason pay tribute to his power and wisdom cataloging him as God, transformer and terraformer, hoping that someday he will lead them to a bright and prosperous tomorrow.
In the taverns there are whispers that only a group of adventurers, risky and thirsty for wealth, have come face to face with the mythical creature, they are called Pirates and are among the few who have been able to survive to tell the tale.

Protection of the gaming economy

We have seen how oracle technologies have helped to control the economics within NFT games, ensuring that they remain stable over long periods of time.
In consequence we have decided to implement the Kraken oracle, which allows us to balance the $RGOLD payouts obtained through expeditions, as well as maintain a constant dollar based mintage price with respect to the $RGOLD price in the market.
Thanks to oracle technologies we can be sure that a balance will be maintained in the reward pool.

The oracle in Pirates World

The oracles allow the economy of a game to balance around a set dollar value. In this way it is possible to bring a mathematical model to the NFT world, ensuring that the entry and exit price of the game are maintained at a perfect equilibrium that avoids a bleeding of the economy.
Pirates World has a limited supply of RGOLD tokens that can circulate in the economy, so it is necessary to avoid running out of tokens belonging to the reward pool if there is a large influx of players.
By using the kraken oracle we can keep the economy stable for long periods of time even at times when demand is high, caused by the release of new features or influx of new players.