GameFi tokenomics and new Metaverse alternatives
️In this issue we are going to analyze what are the necessary steps for a successful implementation of the GameFi tokenomics and provide examples of projects who accordingly follow these procedures before the official game public release.
The second part of the article we would like to present you new Metaverse alternatives that are more affordable in comparison to the popular Sandbox and Mana.
Because of the lack in GameFi tokenomics, some projects that were meant to become popular have totally failed and announced bankruptcy. It recently happened to Cryptomines, whose $ETERNAL token has miserably fallen from $800 USD to merely $3 USD.
Two of the basic aspects that game developers should highly take into consideration are:
Playability - Create an audience that will appreciate the gameplay style that increases competition.
Healthy relationship between consumption and supply
⚽️ Cyball update ️⚽️
Follow the money as people say, which is also the case with Cyball, a football inspired blockchain game that has successfully raised funds of $ 1,8 million USD with Bitkraft leading the round.
Important development updates before the public Alpha release:
Security features and defence mechanism
Tracking analytics
Cyloans - Ensure NFT ownership stays with the lender
The official launch is planned for the start of January next year.
We can also see that the Twitter community has already reached almost 50k followers, which in our opinion is a very good result considering the game is just in the Beta phase.
Source: CyBall, Twitter
🗞 NewsCryptoVerse x Enjin 🗞
After the lucrative partnerships with Twitch and Acknoledger ( check here), NewsCrypto.io has brought the first educational academy to Efinity.io, the metaverse powered by the Enjin ecosystem.
✅ 5 benefits of NewsCryptoVerse
New tokens with strong partnerships
Tip: click on the underlined text to discover all information about the projects
💰 Realms of Ethernity - AAA game built on Polygon blockchain
Public sale $RETH: 20-23 December 2021
💰 Dreams Quest - Cross digital solution for The Sandbox
5 Metaverse alternatives
Missed the opportunity to invest early in Sandbox and Mana while it was cheap? No worries, the market has always new great opportunities and we are here to deliver it for you. Here is the list:
Genesis World - community-created and community-controlled metaverse.
TCG World - multiple ways of earning tokens and supports cross-chain transfers.
Substrata - possibility to acquire personal customisable space / land plot.
Matrix World - multichain virtual world - Ethereum & Flow.
NFT Worlds - Built on a Minecraft open-source ecosystem with cross-platform support capabilities.
Coins we have under the radar
Disclaimer: We are showing coins for research purposes and not financial advice.
🏅 Metapad - fundraising and launching game projects on the metaverse.
🏅 Unix - play to earn guild optimising its community owned assets for maximum utility.
🏅 MetaSoccer - First soccer metaverse where you can manage your own club and generate income while you play.
🏅 Happy Land - Farming game with 3D characters
🏅 Blockade games - Free-to-play blockchain game with seamless game experience thanks to ‘Neon District’ production.