GameFi Corner: A transition from Play to Earn into Play to Win for a more competitive future
DeFi Kingdoms │ Abduction Squad NFT │ Win.com │ Lucky Degens NFT
In this series, GameFi Corner would like to outline blockchain ecosystems that are gaining more and more interest on a daily basis. Avalanche is recently stepping up the game, with a lot of demand shown in the latest gameFi title known as DeFi Kingdoms.
The next phase of the article, we will discover an innovative shift from play to earn into play to win style, increasing competition among various users and bringing real chances of winning lucrative rewards.
Finally, relevant updates have been selected from our in-depth research, with lots of new innovations and changes in their roadmaps.
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👉 Balancer: an Ethereum, Polygon and Arbitrum - Based Automated Market Maker Protocol
💎 DeFi Kingdoms
A week ago, we have announced the play to earn with the most balance (check article here), an important indicator showing where the gamer’s capital is flowing. The game has finally been launched yesterday and it is running both on Harmony and Avalanche blockchain. There is no surprise blockchain games from Avax are gaining more interest, especially after the $290 million investment with the purpose to build the Avalanche multiverse (more information here). DeFi Kingdoms is an interesting example due to the integration of the Subnet technology, which allows projects to section off a group of validators and commission them to validate additional blockchains. As a result, it is effectively creating a stand-alone network for DeFi Kingdom’s Crystalvale expansion to run from.
How to get started on DeFi Kingdoms
🏅From play-to-earn to play-to-win
In a competitive market such as gameFi, firms are always looking to stand out finding new ways to engage communities into new gaming NFT. There are some examples that have provided an interesting transition from play to earn into play to win concept. Now we will explain the core benefits of this model and some projects that apply this style.
👽 Abduction Squad NFT
The first case is the Abduction Squad NFT, a collection consisted of 3333 genesis alien NFTs.
In the Play to Win scheme, players will be competing for five grand prizes. In order to quickly advance throughout the game, users will be able to collect 4 different buffs, known as perks helping to make your character stronger. The 4 buffs are consisted of:
Attack
Defense
Strength
Speed
The Abduction Squad team is very savvy to have thought out different forms of competition where users do not have necessarily to play. Another way to compete for the prizes is to be able to mint an Abduction Squad NFT and if it contains some unique features, then you will become eligible to win the corresponding prizes.
🕹 Win.com
Another project applying the play-to-win model is Win.com. The firm aims to become the ultimate play-to-earn infrastructure for Web 3.
The platform enables players to compete against each other in skill-based games and earn crypto rewards and NFTs. Through its Win SDK, it allows mobile game developers worldwide to seamlessly integrate the P2E model in their skill-based games with just two lines of code.
With this model, developers can focus more easily on creativity and innovation and not on the monetization hassle.
🎰 Lucky Degens NFT
The idea of this initiative is to build the casino in the metaverse. However, developers of this gaming NFT have conceived and taken into account many aspects of the game, giving Lucky Degens NFT holders multiple benefits.
First of all, once you hold a Lucky Degen NFT, players can secure a lifetime profit share of the casino. This means that passive income is generated by receiving free $LUCKY tokens.
Secondly, it allows NFT owners to participate in a monthly lottery with a chance to win some exclusive rewards.
The consistent efforts by the team have been greatly recognized by metaverse giants such as Decentraland and Sandbox, allowing Lucky Degens to build their casino on their metaverse.
Other eye-catching features worth to have a look are:
Weekly Tournaments
Monthly Charity Donation
VIP areas
💣 Buzzing play to earn updates
KaiECO - First gamified token project
Double Protocol - Utility NFTs and rentals
Blockchain Brawlers - Beta P2E game
Avocado - All in one blockchain
Metafront Gaming Platform - Raises $25 million in token sale
Nine Chronicles - Roadmap Updates
Sunflower Land - Launch on the 7th of April
Bullieverse x Admix partnership
Chumbi Valley - Hires new team to speed up development
Revoland - First blockchain game on Huawei cloud