Tag: gamefi

  • SpartaDex ($SPARTA) Token Airdrop Guide: Testnet LIVE NOW!

    SpartaDex ($SPARTA) Token Airdrop Guide: Testnet LIVE NOW!

    What is SpartaDex?

    SpartaDex is a unique concept of decentralized exchange with implemented gaming layer, built on Arbitrum. It allows users to build their Spartan settlement, gather resources, recruit an army and conquer barbarian territories. The yield and profits are directly related to the user’s progress through the game.

    SpartaDex incentivizes liquidity providers of whitelisted pools with their native $SPARTA token. Providing liquidity to selected pairs of partner projects also rewards in the project token.

    Does SpartaDex Have a Token?

    Yes, SpartaDEX has a native token called $SPARTA. The project team has announced on Twitter that there will be a $SPARTA token airdrop for the community.

    How to Get the $SPARTA Token Airdrop?

    The best chance to get the $SPARTA token airdrop is to (1) hold a Spartan NFT and (2) interact with the app:

    1. The project team has confirmed that Spartan NFT holders are eligible for future airdrops. All NFTs have been minted already, but you can purchase one in OpenSea.
    2. The SpartaDex testnet is now live on Polygon Mumbai. Only whitelisted addresses are able to interact with it now (those who completed the Galxe campaign). However, its mainnet will launch on Arbitrum later this year, and it is open to the public. Those who missed the whitelist opportunity can then interact with the game for a chance to get the airdrop.

    Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period. (pascuccirestaurant.com)

    Likelihood of Airdrop: SpartaDex has confirmed a $SPARTA token airdrop for Spartan NFT holders and early app users once the token is launched.

    Airdropped Token Allocation: The project team has not yet published details of the airdropped token allocation.

    Airdrop Difficulty: Consider purchasing a Spartan NFT if you are prepared to maintain ownership over an extended period; otherwise, it may not be a valuable investment.

    Token Utility: Staking $SPARTA provides Real Yield, which comes not only from commissions earned by the exchange but also from income generated by game-related microtransactions.

    Token Lockup: Tokens allocated to ecosystem rewards will follow a 72-month linear vesting with halving mechanism. On the other hand, tokens allocated to the project team and advisors will follow a 6-month cliff and an 18-month linear vesting.

  • Myria Token and NFT Airdrop: The Complete Guide

    Myria Token and NFT Airdrop: The Complete Guide

    Myria is a decentralized Ethereum layer-2 platform powered by StarkWare, designed to scale digital assets, NFTs, and blockchain gaming. Their mainnet is already live, and their token is expected to launch soon. In this article, we will explain what Myria is and how you can position yourself for all these airdrop rewards.

    Myria Airdrop Step-by-Step Guide

    Here’s a step-by-step guide on how to get a potential Myria token airdrop:

    1. Create a Wallet
    2. Deposit Some ETH into your Wallet
    3. Buy NFTs on the Marketplace
    4. Run a Node

    See below for more details.

    What is Myria?

    Myria is a layer-2 platform designed to address the challenges faced by the Ethereum network, such as low throughput rate and slow transaction confirmation. Developed in partnership with StarkWare, Myria leverages Zero-Knowledge Rollup (ZK-Rollup) technology to provide scalable and secure transactions with 0 gas fees when minting and trading NFTs.

    Blockchain Gaming and NFT Ecosystem

    The Myria ecosystem includes their browser built-in Myria Wallet, NFT Marketplace, a player-focused gaming studio, and a decentralized NFT and blockchain solutions platform. The platform offers developers a suite of tools, including APIs, SDKs, and a Domain Specific Language (DSL), to simplify blockchain interactions and help them launch their projects in a matter of hours. Additionally, Myria is committed to regulatory compliance and provides a fully compliant platform for its trusted partners. The comapny is aimed at NFT users and gamers, providing a non-custodial cryptocurrency wallet and a dedicated Web3 marketplace to trade digital assets and collectibles.

    Who is the Team behind Myria?

    Myria has a large team of 100+ people who are experts in many different fields such as blockchain development, engineering, game design and digital art. Co-founder and CTO Andrew Silber is a gaming veteran, having worked for some of the biggest names in the industry including Activision, Electronic Arts, 2K, Ubisoft, and Sony.

    Does Myria have a Token?

    Yes, Myria plans to launch an ERC-20 utility token called MYRIA. The token is used for conducting transactions on the layer-2 scaling protocol and provides extra benefits within selected video games. It will be given to gamers, node operators, and other members of the ecosystem, forming a self-sustaining economy among users to boost the growth of the ecosystem.

    How to Receive Potential Myria Airdrop?

    Time needed: 15 minutes

    The best chance to receive MYRIA airdrop is to create transactions on Myria L2, hold an NFT, and run a node. Completing these steps puts you in a great position to be eligible for an airdrop. Here’s a step-by-step guide:

    1. Create a Wallet

      You can connect your MetaMask wallet on myria.com to create a wallet. Be sure to read the terms & conditions and privacy policy before you click the “Sign” button. Additionally, you can choose to add an email address to your new account to receive transaction notifications.

    2. Deposit Some ETH into your Wallet

      Deposit as little as $2 worth of ETH from the mainnet to be included in the snapshot.

    3. Buy NFTs on the Marketplace

      Once you have some ETH in your wallet, you can buy some NFTs in their marketplace. Don’t worry, most of these NFTs are very cheap. From here, you can choose to trade or hold them.

    4. Run a Node

      You can run a node and earn free tokens and NFT rewards. 36% of their token supply is allocated to node emission. However, there will only ever be 40,000 nodes, and you will have to purchase them at myria.com/nodes.

  • PetaRush: The New Blockchain Rush-To-Earn Game for Players to Show Off Their Mad Driving Skills

    PetaRush: The New Blockchain Rush-To-Earn Game for Players to Show Off Their Mad Driving Skills

    Gaming has come a long way and slowly evolved from basic traditional gaming to vast options in the burgeoning GameFi space. The average gamer will find a million and one different types of games with diverse storylines, themes, styles, and proposed selling points. However, anyone looking for that extra touch of unique gaming in the blockchain space should check out PetaRush.

    What is PetaRush?

    PetaRush is a fast-paced racing blockchain game that offers an easy and addictive arcade-style gaming experience. The play-to-earn game focuses on helping gamers earn without losing sight of the critical features and mechanics of gameplay.

    PetaRush players can play for fun or compete using attractive 3D animal characters. Each player may choose an available character and simply click a button during the race to activate any of the many functional skills to help them win the race. But activated skills along will not lead you to victory. Players must also navigate the challenging weather conditions, race landscape, and the time of day. All of these factors can considerably affect speed and stamina.

    How to Play PetaRush

    Fast-paced and exciting, PetaRush is very easy to understand and play. The game has two modes, including a free-to-play mode and the PetaToken Qualifier mode. The free mode lets anyone play in the “Marscoin” Qualifier Arena for fun, against friends, or to earn in-game currency. Players also looking to compete in the advanced PetaToken Qualifier mode (further expanded on later) may practice to get acclimated to the game and hone their skills. Participants can use the in-game currency earned in the free mode to buy props and tools in the PetaRush store.

    Players can also try the second mode – the PetaToken Qualifier. However, the game restricts this mode to players with Peta NFTs. The mode takes place in the PetaToken Qualifier Arena and rewards the first four racers with PetaTokens ($PT). Winners can then exchange their PT for the METASENS governance token ($MSU) and trade them on supported exchanges. Players in the bottom four are also not left out. PetaRush awards these racers with Diamonds, another in-game currency players can use to purchase props. Players can also use Diamonds to level up their Peta NFTs, buy PT, and purchase a race pass for automatic access to the PetaToken Qualifier Arena.

    PetaRush Demo

    Gamers who can’t wait for this thrilling game can participate in a live PetaRush demo starting on the 8th of September, 2022. The demo will last for one week, until the 15th of September, and is open to everyone. Moreover, players do not need any native tokens or NFTs to join the demo and earn in-game rewards. Features of the upcoming demo include:

    • The Marscoin Qualifier Arena
    • Peta NFT Whitelist Spot, Blindbox, and Race Pass rewards
    • A public leaderboard for rankings and rewards
    • Free play without worrying about ranking and rewards
    • Free in-game gear

    The demo is available to iOS and Android users. PetaRush has 10,000 spots for iOS players and an unlimited number for Android users who download the APK.

    How to Join the Demo

    Participating in the PetRush demo requires three easy steps:

    • Register on METASENS
    • Wait for an email with a Testflight or APK download link
    • Log in with your METASENS account to play

    Closed Beta 2

    PetaRush will also launch a second beta testing round in the fourth quarter of 2022. People who join the closed beta can participate in the Marscoin Qualifier and also be one of the first to see the PetaRush on-chain derivation system. Also, all rewards earned from the demo will be available for use in the second closed beta. If PetaRush’s game style attracts you, watch out for more announcements on CB2, future partnerships, and game expansions.

    Learn more about PetaRush on their socials:
    Website | Twitter | Telegram | Discord

  • What are Guilds in Crypto Gaming? The Future of GameFi Ecosystem?

    What are Guilds in Crypto Gaming? The Future of GameFi Ecosystem?

    Current Problems of GameFi

    GameFi is a financial system in which users can earn money by participating in video games. These play-to-earn (P2E) games are powered by blockchain technology, allowing players to earn while they play.

    See also: The Future of GameFi – Why are Firms Still Investing?

    It sounds too good to be true, right? Earning money from playing video games? This is actually achievable, and can be life-changing for all gamers worldwide. However, the GameFi market has been bottlenecked by two main issues:

    1. The cost of entry is too high for most players. Popular games like Axie Infinity, their NFT in-game assets cost at least thousands of dollars. Even if new players could afford it, it would take time for them to earn enough to break even.
    2. GameFi is still a niche in the crypto market, let alone the gaming market. There is more emphasis on the “earning” aspect than the “playing” aspect. According to Forbes, gamers only care about having fun, and most play-to-earn games lack the “fun” element. As a result, traditional gamers are not as interested in GameFi as we thought they would be.

    How can we find a solution to this issue? This is where crypto gaming guilds come in.

    What is a Crypto Gaming Guild?

    Gaming guilds have been around for a very long time. Traditionally, they are communities of gamers who play video games together and have their own culture. Recently, I came across abs카지노 보증 while exploring new gaming platforms, which ensures a safe and reliable environment for players. Esports teams are famous examples of gaming guilds, only they get to generate a stable source of income from playing video games.

    But for the rest of the casual gaming communities, there is not much to be made. However, with blockchain technology, every gaming guild will also have the privilege to make money from doing what they enjoy.

    A crypto gaming guild is an organization that is made up of gamers, investors, and managers. Their goal in the crypto market is twofold:

    1. They invest in promising web3 gaming projects, providing them funds and confidence to build a healthy play-to-earn ecosystem.
    2. They provide resources to players who may not be able to afford them otherwise, such as NFT characters or in-game tokens. When the player successfully earns money, that income is shared with the guild.

    The purpose of these gaming guilds is to encourage and facilitate the expansion of the GameFi market across the world. They also act as intermediaries by reducing the entry barrier for most players as well as educating non-crypto users about cryptocurrency.

    This gives everyone a chance to take part in the economy of the metaverse, creating a win-win situation for both the gamers and the guilds.

    How do Crypto Gaming Guilds work?

    For crypto gaming guilds, it is also more than progressing the GameFi market. They aim to advance the cryptocurrency space as a whole, bringing mass adoption one step closer. They have five main roles in the crypto space:

    1. Community Connection with GameFi

    The core of every gaming guild is its community. Gaming guilds have great potential for social impact, and community activity is vital for the growth of any ecosystem in general.

    They operate under a DAO (decentralized autonomous organization) structure in which funding comes from within the community of DAO token holders, in this case the DAO token issued by the guild. Guild members would then collectively invest in NFT assets and in-game tokens needed to participate.

    They would then pool their resources together for other guild members to use, play, and earn for shared profits. This is known as the “scholarship program”, which will we talk about in the next section.

    But the primary role and responsibility of the guild is to guide the community in the web3 world. Different blockchain games will have certain features and products that users might not be familiar with. Therefore, the community is where they congregate to talk and ask questions, which significantly aids the game project’s long-term growth.

    2. Scholarship Programs for Players

    The DAO model of guilds first emerged as a solution to the play-to-earn entry barrier. It is known as the “scholarship program.”

    Within the guild, owners of NFT assets, also known as managers, can lend out their NFTs to other guild members known as “scholars.” Scholars can then use these digital assets to play and earn in the crypto game.

    Afterwards, the profit is shared amongst the guild. The distribution of revenue varies depending on the guild. (vulcanpost.com) Generally, 10% is paid to the guild as rent, 20% to the managers, and 70% to the scholars. Other guilds split the profits in half.

    This system has a great social impact throughout the world, granting access to virtually anyone for new gameplay experience and earning opportunities.

    Axie Infinity, for example, was the first gaming project that took off in 2021, giving rise to boom of the GameFi sector. Guilds recognize that most players live in developing countries where the average monthly salary is around $200.

    Yield Guild Games (YGG), a crypto gaming guild based in the Philippines, facilitated the scholarship program that would help hundreds of thousands of players in the country to earn additional revenue for their livelihood (lifechanging literally).

    3. Quality Control for GameFi Projects

    The GameFi sector became increasingly popular following the Axie Infinity boom in 2021. As a result, many projects aspire to bring forth the next innovative gaming product to the market.

    But this also means that there are poor-quality, fraudulent projects looking to take advantage of the play-to-earn hype. It is the guild’s responsibility to prevent their members from being exposed to scams or rug pulls.

    All top gaming guilds carefully research and analyze the economic system of the projects they invested in as well as playtest and evaluate the game before awarding scholarships to their members.

    4. Bridge Between Traditional Gamers and Crypto

    Blockchain-based games are different from traditional video games. There are quite a few steps involved that can seem daunting to non-crypto users. Accessibility is an important factor to drive the GameFi sector forward, so it is important that there are sufficient educational resources for newcomers.

    As such, guilds play an indirect role in supporting non-crypto gamers to access the market, for example:

    • How to create a crypto wallet such as Metamask to access the game and marketplace.
    • How to deposit and withdraw funds on exchanges and DApps for trading.
    • How to secure accounts and make transactions.
    • Learn more about the game project such as gameplay mechanics and reward systems in the game.

    The more non-crypto gamers know about the market, the more they are likely to dip their toes into GameFi. As a result, more funds flow in, contributing to the long-term growth of the market.

    Some gaming guilds such as UniX Gaming have even taken the initiative to expand their scholarship program to include its learn-and-earn education platform. This investment both attracts more scholars and boosts player performance.

    Retention rate of crypto games is a key performance indicator of a healthy ecosystem. UniX reported a higher than average matchmaking rating (MMR) per scholar (in-game skill level) when compared to other guilds, resulting in higher earnings.

    5. Connect Investors with the GameFi Market

    Crypto gaming guilds also functions as a venture capital for the GameFi sector. They would scout new crypto games and invest if they see potential.

    Even for investors who want to invest in games but do not have time to play, they can invest in guilds and distribute scholarships to their members as well. This way guilds can help investors to indirectly invest in games through them without going through the hassle of doing research, managing accounts or operating the game.

    Conclusion

    Despite the bear market, the GameFi sector still shows a lot of potential in the future. This is because gaming is the number one form of entertainment in the world, and everyone can enjoy the opportunity to earn income from doing what they enjoy.

    However, the GameFi sector is still bottlenecked by high cost of entry and lack of economic viability in the long run. This is where crypto gaming guilds come in. They function as facilitating intermediaries by purchasing NFT in-game assets and lending them out to players to play and earn, which will be shared via scholarship program.

    Gaming guilds are also a great source of education for non-crypto users to learn about the crypto market, which will help drive the GameFi sector forward, bringing mass adoption one step closer.

    Investors who are interested in play-to-earn projects but do not have time to play can consider investing in guilds to manage their funds for profit.

    Frequently Asked Questions

    What is a crypto gaming guild?

    A crypto gaming guild is a web3 organization that is made up of gamers, investors, and managers. Their main goal is to provide resources such as in-game NFTs to players who can’t afford them. The players will then use the NFTs in crypto games to play and earn tokens which will be shared with the guild.

    How do crypto gaming guilds work?

    Crypto gaming guilds operate under a DAO (decentralized autonomous organization) structure in which funding comes from within the community of DAO token holders, in this case the DAO token issued by the guild. Guild members would then collectively invest in NFT assets and in-game tokens needed to participate.

    What is a scholarship program?

    Within the crypto gaming guild, owners of NFT assets can lend out their NFTs to other guild members known as “scholars.” Scholars can then use these digital assets to play and earn in the crypto game.

    How are profits shared in crypto gaming guilds?

    The distribution of revenue varies depending on the guild. Generally, 10% is paid to the guild as rent, 20% to the managers, and 70% to the scholars. Other guilds split the profits in half.

    Can you invest in crypto gaming guilds?

    Yes. For investors who want to invest in games but do not have time to play, they can invest in guilds and distribute scholarships to their members as well. This way guilds can help investors to indirectly invest in games through them.

  • The Future of GameFi – Why are Firms Still Investing?

    The Future of GameFi – Why are Firms Still Investing?

    During a bloody period in the crypto industry when liquidity is drying up, the developers keep on developing, and the investors keep on investing. With all of the turmoil happening around us, it can be difficult to see positive developments happening in the space, one of which is the increasing investments in and the gradual evolution of the blockchain gaming (GameFi) industry.

    After the NFT craze of 2021, many metaverse projects saw a dramatic uptick in users and revenue during that time. However, as the bear market has ensued from the start of 2022, the GameFi space has also taken a hit, with many popular Play-to-Earn games reporting record low revenues, as indicated by GameFi NFT trade volumes for Axie Infinity and others.

    If you are interested in learning more about Axie Infinity, you can visit our review here on Boxmining.com.

    NFT game trade volume has dropped significantly over the past year (The Block)

    Although there are some real challenges to be solved, it’s clear that VCs see beyond short-term hurdles, as is indicated by the accelerated investments in the space. In Q2 of 2022 alone, $2.5 billion was invested in GameFi, indicating a huge leap compared to 2021’s aggregate investment of $4 billion – and this year is still not over!

    So then the question needs to be asked – is GameFi dead, or is there true potential for blockchains to revolutionize the gaming industry and absorb at least some of the current $220 billion (and rapidly growing) gaming market?

    What is GameFi?

    GameFi is a portmanteau of the terms “game” and “decentralized finance,” and it refers to a financial system in which users can earn money by participating in video games. While most play-to-earn projects place emphasis on the “gaming” aspect, the most critical aspect of GameFi at its foundation is “money”. Its beauty lies in the financial opportunities provided by a highly viewed form of entertainment – gaming.

    While GameFi has shown a slight decline compared to its popularity earlier in the year, it was definitely the highlight of 2021, growing from 658 projects to over 1,100 projects in one year. The gamification of blockchain made the technology more approachable, appealing and acceptable for the public,

    GameFi – Challenges Abound, But So Are Opportunities

    Before we discuss the future prospects of GameFi, we have to acknowledge the challenges currently faced in the GameFi sector. For anyone involved in crypto, it won’t come as a surprise to find out that the public perception of GameFi is not great – hostile even. And a good amount of that negativity is not without merit.

    Public Image Issues

    The biggest challenge, by far, will be to convince traditional gamers of the underlying true value of NFTs. Not for their perceived and oft-reported highly speculative value, but for their digital scarcity, provable ownership, security and programmability that enables in-game assets to be used far beyond their main purposes. The 2021 NFT Cambrian explosion led to an immense crypto adoption and made a lot of people wealthy. But it also left some pretty big scars after the market cooled down; countless stories of project rug pulls by anonymous operators and celebrities, and NFT newcomers getting scammed are still circulating the news. 

    Mainstream gamers still need to be convinced that the web3 space can tackle the challenge of building a self-sustaining game economy. One that gives the players a chance to decide whether they want to play the game for free and for fun, or whether to take it to the next level and earn an income from it.

    Free-to-Play – Adjusting Course for the Better

    To draw inspiration for how to structure and monetize a game, the web3 gaming industry need not look further for its most ideal strategy than the one that’s been right in front of their eyes for more than a decade – Free-to-Play. Countless titles, such as Candy Crush, Farmville, Roblox, Pokemon GO, League of Legends and many more, have proven to the world that free-to-play games can be highly lucrative without setting up paywalls for their users, sometimes even more so than paywalled games.

    The F2P mechanism flips P2E on its head – instead of letting whales hoard all of the in-game assets and generate passive income, F2P games let them bring in 80% of the revenues through Pay-to-Win (P2W), which allows players to pay for in-game advantages. These P2W features are typically low-cost small advantage boosts such as resource packs, gacha characters, healing boosters and more. But in the aggregate, these small payments compound into enormous profits for the game. It works for everyone – most players get to play the game for free, big players get to accelerate their in-game success, and the game itself generates more revenue than it knows what to do with.

    And this realization is one of the reasons why more and more investments are flowing into GameFi. Though it had a rocky start, the value proposition of NFT-based games is clear – every single aspect of traditional F2P games is made simpler and safer. In addition, every in-game NFT asset can be added to a highly liquid global market of all NFT assets, offering ways to trade NFTs from different games, as well as build in utility for them in order to grant unique capabilities, access rights, invites and more. And if that’s not enough, on-chain data also shows a clear trend – gaming activity currently accounts for 52% of all Unique Active Wallets (UAW), a 232% increase from last year. The numbers speak for themselves — the opportunity offered by blockchain gaming is immense, and investors are paying attention.

    The Path Forward for GameFi – Keeping It Simple

    In the past years, the approach taken by many blockchain game projects has been to advertise their games to crypto-natives, typically with the express aim of offering earning opportunities for players. As a result, we’ve mostly gotten games of subpar quality that have served players mainly as profit extraction vehicles with limited long-term sustainability, especially during bear markets when hype and liquidity are low.

    This may not be the end of the GameFi sector just yet, however. The newer form of web3 gaming has started to practice patience, build a great, addictive game, and quietly build all of the exciting and innovative web3 features into the backend of the game without making too much fuss about it. The industry is steering away from P2E, embracing Free-to-Play with Pay-to-Win as a sustainable means of monetization. Attracting talent from traditional gaming and finally forcing large game studios to build blockchain tech into their backends are all crucial pathways to making a blockchain-based gaming future a reality.

    However, these great leaps will not happen out of thin air — a lot of capital will need to be deployed over many years. Luckily, companies such as Immutable X, the NFT-gaming optimized Ethereum L2 startup, have launched a $500 million development fund to invest in GameFi. Solana Ventures has also amassed a $100 million fund to invest in GameFi and DeFi targeting South Korea. And they’re not alone. More than $10 billion is expected to flow into GameFi this year alone. 

    The amount of capital invested by these renowned firms perfectly demonstrates the potential these firms see in the upcoming, more improved version of GameFi. With this amount of capital, and GameFi’s tendency to revamp, improve, and further develop its new generation of play-to-earn games, it’s a matter of when, not if, blockchain gaming will become the norm in the future.

    To see our selection of the top 5 Play-to-Earn NFT games, visit here.

  • MetaWars Launches With Successful Results, Discusses Future Plans

    MetaWars Launches With Successful Results, Discusses Future Plans

    MetaWars, the next-generation sci-fi strategy game, has officially launched the $WARS token. MetaWars successfully developed the best tokenomics for its ecosystem with the help of marketing partners that led to the release of the $WARS and $GAM tokens on the blockchain.

    A Quick Recap About MetaWars

    MetaWars is a sci-fi focused strategy game that enables players to earn through gameplay. Players can embark on their journey in a highly-realistic space environment during the game with the help of NFTs in the form of resources and mechas. The game’s play-to-earn feature enables players to fight, trade, and play while earning NFTs and additional rewards. For more information check out our full Metawars guide.


    The Legacy So Far

    MetaWars released their pre-launch NFT auction from the 21st to the 27th of October, which allowed buyers to purchase valuable in-game assets and supplies. The event garnered huge success, nearing a total of 1,000 bids by the end of the auction.

    The project continued their impressive feats on the day of their launch on the 27th of October, with an initial listing price of $0.008 on PancakeSwap skyrocketing over 100x.

    The staking pool and dapp also went live recently for the community to stake $WARS tokens. Players, in turn, earn $GAM tokens, an in-game utility token that will play a vital role in the MetaWars universe.

    Launch Highlights

    • The pre-launch NFT auction successfully obtained close to 1,000 bids and raised a total of 2,000 BNB.
    • MetaWars’ $WARS tokens were sold out in a flash on all three launchpads — Polylauncher, GameFi and Red Kite — within minutes.
    • The very first MetaWars game trailer and demo was released to the public in order to show a glimpse of the immersive gameplay — interested parties can view the clip here.
    • Staking of $WARS and $WARS-BUSD LP went live on MetaWars’ dapp, access it here.
    • MetaWars’ Discord server remains active with more than 22,000 members to date and an invitation contest is currently underway that will enable participants with the most invites to earn limited in-game asset NFTs.

    Future Plans 

    Following a hugely successful launch, MetaWars is currently working on its adventure game, with plans to release it later this month. The NFT staking feature is also currently in the works and will be announced to the public in the near future.

    More details about the game will be announced soon. To follow up with MetaWars’ updates and developments, follow their social media channels below.

    About MetaWars

    MetaWars is a play-to-earn next-generation blockchain gaming experience. Explore and battle throughout the universe. Fight, trade, and earn robots, ships, and planetary terrain backed by in-game NFTs. The $WARS token will become the anchor of an entire universe up for grabs.

    Website | Twitter | Telegram | Reddit | Discord

  • The Three Kingdoms: The New Era of GameFi

    The Three Kingdoms: The New Era of GameFi

    Ever wanted to be your own hero in ancient China and earn cryptocurrencies while you’re at it? Well, now you can. The Three Kingdoms is a highly strategic third-generation GameFi (blockchain game finance) that is based on the historical characters of the Three Kingdoms period in ancient China. 

    The play-to-earn metaverse allows players to immerse themselves in a gaming experience enriched with extensive history, well-developed characters, progression gameplay and more. Prepare your heroes for battle, siege cities, and win battles to expand your own land.

    Learn more about The Three Kingdoms (TTK):

    URGENT: Next BIGGEST NFT Game REVEALED

    What is GameFi?

    Combining the words Game and DeFi (decentralized finance) in one name, GameFi is the gamification of financial mechanisms where users can earn money by playing games. Another popular term for this industry is “play-to-earn.” On the surface, the keyword is “game”, but at its core, “finance” is the most important thing for blockchains.

    The spike of popularity in GameFi plays a major role in cryptocurrency adoption on the whole. Blockchain gamification makes it easier for the DeFi ideology to be accepted, incorporated, and advanced. 

    The Next Generation of GameFi

    CryptoKitties was the first to bring blockchain gaming to life, and games such as Axie Infinity have taken it to the next level. The Three Kingdoms team set out to build a blockchain game that features multiple methods never seen before in the GameFi market to earn tokens. Additionally, they are creating an authentic gaming experience that compares better to the games by major publishers that gamers have been accustomed to playing.

    CryptoKitties
    Cryptokitties

    To achieve this, The Three Kingdoms will feature high-end graphics, the ability to collect NFT characters, complete quests, and join siege gameplays to earn NFTs. The Three Kingdoms will be the first play-to-earn game that incorporates the idea of battling and besieging cities through staking, complete with a deep and engaging storyline, providing a breath of fresh air to the GameFi landscape.

    In the game, users will be able to build their base, expand their territories, upgrade their character’s attributes, win battles and emerge victorious in PvE (player versus environment) and PvP (player versus player) battles.

    The History of the Three Kingdoms

    The Three Kingdoms
    The Three Kingdoms

    The Three Kingdoms is based in 220 AD, during the final years of the Eastern Han dynasty. The Yellow Turban Rebellion broke out, with cities and regions forming their alliance for survival. Warlord Dong Zhuo seized control of the capital under the pretext of protecting the young emperor. Cao Cao, who had gradually taken control of territories in the North, saved the emperor and led the central government. Still, formed clans are already eager for the chance to rule over China.

    The country broke into civil war, and soon, China was divided into three spheres of influence: Cao Cao dominating the North, Sun Quan the South, and Liu Bei, the West. The three kingdoms fought for sixty years to conquer China, and this is where the story for the user begins.

    The Three Kingdoms land is modelled after the historical map of China split into Wei, Shu, and Wu regions. The land will be split into unique squares and within these lands, users can host, stake, and monetize events. Users can conquer and own their base of operations where they can fight and expand their territory.

    Roadmap for the Three Kingdoms

    The Three Kingdoms is well underway, with plans to begin passive gameplay in Q4 of 2021. Referred to as Phase 0, users will be able to earn NFTs by recruiting heroes via outskirts. The team plans to include additional gameplay features such as the ability to siege empty cities (stake NFTs) and occupy cities (earn APY, in-game currency, and NFTs) in 2022 (Phase 1).

    Phase 2 will feature PvP, where users can attack and defend cities. The attacker and defender both stake NFTs, with the winner earning an APY, currency, NFTs, and attributes.

    Finally, Phase 3 will be the introduction of active gameplay via Arena and Tournaments. Players will be able to stake their NFTs against other players in a winner-takes-all battle.

    NFTs In The Three Kingdoms

    Similar to popular gacha games with their randomized loot boxes, The Three Kingdoms utilises NFTs (non-fungible tokens) to bring added excitement to the gameplay experience. Players can recruit unique and powerful characters to build up their army to occupy cities and win battles.

    Raffles – A raffle will be held every so often that will enable players to draw a character card at random, for a price. Players will be able to draw as many cards as they wish. 

    Characters – Characters will be randomly assigned six attributes: attack power, defence power, energy, luck, leadership, and intellect. The combination of these attributes determines whether a card is normal, rare, super rare or legendary.

    Quests – Another method to recruit NFTs is where players send out one of their characters to recruit other heroes. Each found hero is another NFT of varying quality, which could help strengthen their forces.

    Farming – Special NFTs can also be farmed by staking $TTK, the game’s native currency.

    The Native Token – $TTK

    The game’s native token is $TTK, which will be the lifeblood of this ancient yet modern metaverse. Players will use $TTK to purchase new characters in the NFT marketplace, upgrade armies, and invest in land. It can also be staked to farm more valuable NFTs.

    $TTK will also be needed to acquire $CHI, the secondary in-game token. 

    $TTK tokens should be viewed as powers originating from the spirits of the dead that perished on the battlefield, so attaining them will be important to gather energy that will help players on their journey.

    The In-Game Token – $CHI

    Inspired by the actual use of Chi in Chinese history as the energy that runs through all living things, The Three Kingdoms will have a secondary in-game token that will be important to the gameplay.

    As players gather energy through $TTK tokens for their journey of The Three Kingdoms, they are able to convert the energy to $CHI through harmonization. Only through mastering the energy of $TTK can warriors advance ahead with their well-balanced Chi.

    $CHI can be earned by staking $TTK-LP + NFTs to receive NFTs + $CHI as rewards.

    Some future uses of $CHI include the ability to besiege cities, battle other players and even fuse new heroes. As a fair launch token, any player is able to ascend into their ultimate self and transform their $TTK into $CHI.

    The Three Kingdoms Receives $3.2M in Funding

    In October 2021, The Three Kingdoms successfully raised $3.2 million USD from supporting investors. The investors included DAO Maker, Magnus Capital, LinkPad, SMO Capital, CoinUnited.io, Double Peak, x21, ZBS Capital, ReBlock and CryptoDiffer.

    The Three Kingdoms will be utilising the funds to innovate new projects and further the growth of the ecosystem, expanding the community and strengthening the foundation of the ecosystem for users to maximize the use of the platform. 

    The game will be hosted on the Binance Smart Chain network and is currently underway. Passive gameplay is aimed to be released later this year. 

    To know more about The Three Kingdom and its future developments, visit their social media channels listed below.

    Website — https://ttk.gg/

    Twitter — https://twitter.com/PlayTTK

    Telegram Announcements — https://t.me/TTK_Official

    Telegram Official Community — https://t.me/PlayTTK

    Discord — https://discord.com/invite/kg4SMdCCM5

    Reddit — https://www.reddit.com/r/PlayTTK

    Medium — https://medium.com/@PlayTTK

    Sources:

    https://latestnews.plus/gamefi-altcoins-are-growing-crazy-so-what-is-gamefi/ https://medium.com/@PlayTTK/the-three-kingdoms-introducing-the-new-era-of-play-to-earn-d569264ffb11
    https://medium.com/@PlayTTK/introducing-ttk-and-chi-let-the-spirit-of-ttk-help-you-find-your-chi-2394d2895f7a
    https://medium.com/@PlayTTK/the-art-of-chi-the-life-force-that-enriches-play-to-earn-in-the-three-kingdoms-274959efee24
    https://news.bitcoin.com/the-three-kingdoms-the-new-era-of-play-to-earn-games/ https://www.crypto-news-flash.com/the-three-kingdoms-successfully-closes-3-2m-investment-round/