🧐 Exploring the New Era of GameFi 2.0｜Breaking the Shackles of the "Death Spiral" with the Sustainability Innovation of "Legend of Arcadia"——
The largest application scenario of blockchain development to date, aside from DEFI finance, is undoubtedly the blockchain game GAMEFI. Although GAMEFI has undergone a massive cleansing in the last round, it has clearly become a permanent guest in the WEB3 world;
Even without the high popularity of #meme, many game projects continue to emerge every year to develop this field. Recently, the rotation of the GAMEFI sector has begun to show signs of activity, with many new games sprouting up like mushrooms after rain;
For blockchain games, the ultimate issue left from the last round is how to create a sustainable circular economic model for games, which is also the direction all blockchain game projects are currently researching for breakthroughs.
Today, we are studying a highly sustainable GameFi 2.0 game, Legend of Arcadia @LegendofArcadia ——
1️⃣ Basic Information about the Game:
Legend of Arcadia (LOA) is a multi-chain, Free2Play card game developed by Yeeha Games, adopting a Play2Earn model, integrating the concept of GameFi 2.0;
Inspired by "Kingdom Hearts," the game offers a rich narrative universe, constructing a vast story world that combines a rich game economic cycle and the GameFi 2.0 conceptual system, providing players with an immersive PvP game mode and highly combinable NFT heroes.
Players can enjoy this game for free on mobile devices and interact in real-time with gamers from around the world through immersive PvP game modes and highly combinable NFT trading.
In addition to experiencing the rich storyline within the game, players can also increase their earnings through staking, battling, and mining;
Official launch date: November 7
2️⃣ Project Background and Team Information;
Investors and Supporters: LOA has attracted some of the most influential investors and supporters in the Web3 field, including Animoca Brands, OKX Ventures, Arche Fund, Summer Ventures, WAGMi Ventures, and Sébastien Bourget, the chairman of the Blockchain Game Alliance.
Legend of Arcadia is developed by the blockchain game studio @PlayWithMugen, which also developed the Web3 SLG game @LastOdyssey_io. The specific team members are as follows:
Andy Lee: CEO, former employee of Tencent and Lightspeed Studio;
Alex Chong: Head of Web3 Products, with over 3 years of experience in token economics and NFT research;
Jason Zheng: Technical Director, with 15 years of experience in game development and cybersecurity;
Yu Xiaowen: Game Producer, with 10 years in the gaming industry, having led the production of popular games like "War Chariots";
Wei Su: Chief Game Designer, creator of "Brave Cross";
3️⃣ Game Data Highlights
1) Community and User Engagement:
LOA has increased user stickiness through active community interactions (such as live broadcasts, AMAs, online competitions), achieving good user retention during the testing period.
The official Twitter @LegendofArcadia has surpassed 445,000 followers;
Within two weeks, the number of users in the Telegram mini-game exceeded 100,000, with a user retention rate of over 56% after 7 days;
2) Integration of Technology and Gameplay:
The game combines the application of blockchain technology while maintaining the entertainment and strategic depth of traditional games, offering diverse game modes, including adventure, arena, and lottery mini-games.
ARCA is introduced as the native token within the game, allowing players to enhance their VIP status through staking, gaining more game rewards and privileges, such as increased earnings and faster battle speeds.
3) Cross-Platform Compatibility:
The game is designed to support mobile devices, lowering the entry barrier and increasing the breadth and convenience of the user base;
Currently, the average daily online duration during the game testing period is 72 minutes;
4) Innovative Use of NFTs:
In the game, NFTs are not only collectibles but also possess high combinability and practicality, which is uncommon in GameFi projects.
Genesis NFT: Free mint has generated over $1.6 million in trading volume on OpenSea;
4️⃣ Token Economics
Token Name: $ARCA
Launch Date: November 4
NFT Launch Date: November 6
Total Token Supply: 1 billion
Token Empowerment:
- Economic Separation: Used to distinguish between internal and external economic factors of the game
- Staking Rewards: Players can stake $ARCA tokens to gain special rights and rewards
- Governance Use: The main governance token within the game and in-game incentive rewards
- NFT Revenue Sharing: The main reward earned from NFT assets
5️⃣ Project Advantages
- High Combinability of the Game
The hero card NFTs in Arcadia have over 50 trillion potential combinations, allowing each player to create a unique NFT hero. Supported by artificial intelligence, the development team has crafted hundreds of thousands of words of rich storylines, creating vivid characters and expanding the narrative of the Arcadia world. The game gene pool includes:
- 48 basic attributes
- 40,000+ skill combinations
- 28 million+ gene combinations
- Multi-layered Utility of NFTs
The hero NFTs owned by players in the game are not limited to gold collection but also have the following functional features:
- Experience Game Fun: Participate in rich narratives and exciting gameplay
- Participate in Game Ranking Competitions: Improve your ranking to win more rewards
- Resource Mining: Provide mining energy to enhance the gaming experience
- Dual Mining Potential: Opportunities to release and increase reward returns
- Collectible Value: Hero NFTs are categorized as N, R, SR, SSR, obtained through blind box openings, and can be converted into liquid assets
- Sustainable Token Model
To avoid the "death spiral" model of traditional GAMEFI and maintain the sustainable development of the game, the development team has adopted the following methods to break free from the traditional dumping model of mining and selling:
- Game-driven Token Mechanism: Creates demand for NFTs with different characteristics, requiring players to spend $ARCA to upgrade or modify their NFT heroes
- Enhanced Monetization: Arcadia provides players with multiple income sources to monetize their NFTs and tokens, including seasonal competition rewards, staking to increase earnings, resource mining, blind box collection, etc., promoting sustainable value rather than a simple cycle of earning and selling
- Season-based Gameplay: Arcadia's unique seasonal gameplay allows new players to catch up and enables corresponding adjustments to the token economy
- Tokens with Long-term Stable Growth Characteristics
- Long-term Investment: The diversity of the NFT plundering mechanism ensures higher value and liquidity of NFTs, promoting strategic holding by players
- Newbie-friendly and Healthier Game Ecosystem: The seasonal model promotes a fair and balanced gaming experience, helping to extend the game's lifespan, so even newcomers need not fear falling behind
- Staking Rewards: Token holders can enjoy profits from NFT trading income and exclusive privileges, creating a healthy growth environment for players and tokens
- Positive Community Development
- Holder Participation: NFT holders grow alongside the game and the team, creating an environment where development and profit coexist;
- Backend Support: Backed by reputable investors and partners, gaining credibility and growth potential from various sources, including @animocabrands, @OKX_Ventures, and Sébastien Borget, co-founder of The Sandbox
—— Summary
Legend of Arcadia showcases its unique advantages and prospects in the GameFi field by combining blockchain technology, strong investment support, innovative gameplay and economic models, and active community participation.
The unique sustainable development economic model and ultra-high combinability of Legend of Arcadia represent that it is not just a simple on-chain casual card game;
Behind it represents a revolution in blockchain games regarding the future direction of GameFi. Once successful, its historical status will not be lower than that of Axie.
Looking forward to the future performance of Legend of Arcadia!
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