Positive gaming sentiment returns, somewhat...
Positive gaming sentiment returns, somewhat...
GC ALPHA 16
Disclaimer: None of this information should be taken as financial advice. DYOR + I will hold some of the assets that are spoken of in this newsletter.
Immortal Rise’s P2A campaign is now live, complete missions and collect ORBs, to start earning IMT tokens.
Use this referral link to start playing right now.
(P2A) EVENTS & SOCIALFI
PIXEL HEROES ADVENTURES
Last Friday it was announced Pixel Heroes Adventures (PHA), an idle RPG on mobile, is joining the Ronin Network.
They have an upcoming P2A campaign:
You can now join the pre-registration for the P2A, this grants you HeroZ NFTs and currency rewards
I got the rest of this info from Kezia.Ron’s guide, so S/O to her, I am just listing the most important info:
In the game, players collect PlayPoints (TapAdventure Playpoints + PHA Playpoints) x Multiplier) - these determine your final ADVTR token allocation
TapAdventure Playpoint (the Telegram) game will be determined by your stage progression as of tomorrow
Players can claim Mystery Key Fragments daily for free, used to open Mystery Key Boxes, which contain Summoning Stones, MGOLD, and PlayPoints
The daily claims are launching in less than a day (Play to Mint on the website)
Summoning Stones are used to mint Pixel HeroZ NFTs (with costs in MGOLD), completing a collection of HeroZ grants additional buffs and a multiplier to your points
5M of ADVTR tokens is going to the Faction Competition, these rewards are divided into Participation and Competitive Rewards
Participation: Faction Point/Total Sum of Action Points
Competitive: Factions ranked 1st to 10th receive additional competitive rewards (total of 2.5M tokens)
Make sure to join a Faction using the Faction page in the dashboard
The Pixel Heroes Adventure CBT starts in 3 weeks
THE BACKWOODS BETA
The Backwoods recently launched its Beta, which comes with a bunch of new features and reward systems:
Adventure Mode: 9 different dungeons with challenges and bosses
Season Pass and Quest System: there is a free and premium pass
Backpack partnership rewards: granting a free chest + XP boost (log in using your Backpack wallet)
In-game store: materials to enhance your items
Blacksmith: repair and forge weapons
Crystals and mockLEAF: crystals are used to buy chests with material or gear from the shop. mockLEAF is used to purchase exclusive items and materials
You can join the Beta, by simply going to The Backwood’s website
RAVENQUEST S2
After a successful S1 and the Land Sale, Ravenquest is launching S2 of the P2A campaign
16M QUEST tokens are up for grabs, divided over 3 leaderboards
Through the primary leaderboard players score based on their in-game progress, amount of referrals, referrals progress, and the land owner multiplier
I recommend watching the 100x’s Podcast video for an in-depth breakdown of maximizing your airdrop
This season comes with a ton of new content, balance changes, and more, here are the highlights:
Gold Chest login streaks are returning on September 20th
The in-game Guild System is now live
You can either join a guild or create one when reaching specific requirements
Guilds have a hierarchy through different ranks. Furthermore, there is a Guild Bank, important for the upcoming Guild Wars and earning extra Gold (more Gold = getting more QUEST)
Guild Wars are starting on the 28th of September
Reward systems are updated, and now “significantly enhance” the value of using Scrolls
Drops for Glory Shards are now more dynamic, scaling to the strength of creatures (greater risk is now better rewarded)
FLASH EVENTS
Dookey Dash: Unclogged is now available in the App Store and Play Store
Super Champs S1 has come to a close, and S2 is coming (postponed)
Pre-registrations for Skytopia Party Planet Beta 2 are now open
Devomon introduced Whack a Mon, a new Telegram mini-game
MARKET TALK
GAMING TAKEAWAYS FROM TOKEN2049
As everybody knows, Token2049 happened in Singapore last week. Here are some highlighted gaming takeaways from attendees + my own takeaways:
Tack, the founder of Jin Anomaly shared:
Funding in the gaming vertical remains difficult, many investors are wary about capped valuations that won’t be able to do the multiples
CATI and HMSTR being listed on Binance (leading to high valuations) will help bring back the gaming narrative and justify VCs investing in games
Investors starting to appreciate that Web3 gaming doesn’t always have to be a yield farm. The convergence towards quality into Web2 standards is happening, but takes time
Hunter Solaire shared:
TON/Telegram games make a ton of money by selling ads or making airdrops pay to win
The most hyped games include Off the Grid and MapleStory
Lots of hope for the largest Web3 names launching tokens soon or in Q4
LINE is actively looking for (game) builders for their Web3 initiative
Gaming sentiment is carefully positive. Web3 gaming progressed a lot, but the most largely anticipated games are still in development
There are a couple of fresh Asian indie studios that are making interesting games, and experimenting with bending genres (e.g. Jin Anomaly and Spot Zero)
Oh…and lastly, crypto bros like to party and do degen stuff unsurprisingly. I prefer networking events in accessible venues, where you can have a good conversation
“PAY TO AIRDROP”
Last week 1mpal published an article titled “New Web3 Game Meta: Pay to Airdrop”, I recommend reading it
The concept he talks about and I have seen a few others mention before, comes down to giving paying users the majority of your airdrop value
He uses the example of Catizen, which gave paying users 2x to 3x more rewards on average, reportedly
Pay to Airdrop, or as I would like to call it: “Pay to Progress to Earn More” has been developing for the past months I’d say
Mostly in the form of Season Passes, but you could argue the same applies to giving NFT holders multipliers and bonuses as well
It has also been out there in a P2E format in Big Time for example.
To compete for the high leaderboard ranks and earn substantial rewards, players need to spend tokens to keep up
From the surface “Pay to Airdrop” might seem predatory, but it optimizes to distribute value towards the players that provide the most value (in $s)
We all know almost all airdrop farmers dump tokens post-TGE, creating lots of selling pressure
Games can start to leverage P2As as effective monetization events
The most important, but heavily overlooked metric in this space, “REVENUE” will become much more important moving forward
Lastly, the important lesson in prioritizing paying users is to set expectations because that’s where Catizen failed to inform their audience well I believe
ON THE RISE
Spot Zero is an upcoming Genshin-like ARPG
I quickly tested the game and the combat feels good I must say
Brydisanto (from Infinigods) sheds light on what the Mount of Olympus is
TL:DR it’s a Web3 LiveOps platform distributing both virtual and crypto rewards
Recently, Infinigod Passes also hit ATH
Jarindr is shilling Zentry hard, but I can’t blame him
The next 6 months seem to be stacked with updates and launches