- The ecosystem of decentralized finance, Web3 and the metaverse are often a frightening enigma for many investors.
- These are new technologies in which a considerable level of digital literacy is required that many investors, even young ones, do not have.
- This paper presents a play-to-earn game that could be an excellent start in this type of investment.
At a time when the winter in the cryptocurrency market seems to be behind us, DeFi investments are starting to look attractive again. However, many investors are afraid of the risk in these ecosystems, mostly because of how complicated they can be. Investing in the new type of finance can be embarrassing, even for young people, and play-to-earn could be the gateway.
There are alternatives that can be ideal and fun to get started on the path to these investments. With apps called blockchain games, investors can earn tokens as a reward for playing and then redeem them for fiat money or other cryptocurrencies. This is a trend that started years ago, but bottomed out in 2022.
Behind the dynamics of most of these games are usually investment options such as liquidity or staking. This paper presents a game that is rapidly gaining ground among users. It is Hunters on-chain, which offers multiple game options in which returns are obtained through rewards.
It is worth mentioning that this game belongs to the BoomLand metaverse and one of the most striking features is that it can be started for free. Of course, investing increases the amount and the speed with which the rewards are obtained.
Some features of the first play-to-earn of BoomLand
Among the most outstanding features of this play-to-earn is that it enjoys multiple game modes that enhance the appeal. Also, the game runs on Polygon, the second layer solution of the Ethereum network. It is worth mentioning that this game, although its launch is recent, is experiencing outstanding adoption.
So strong is the adoption of this application that Polygon became the second largest gaming platform during the month of March. In that sense, the network enjoys an increase of more than 53% in daily unique active wallets (dUAWs) compared to last month. With almost 140 thousand dUAWs, the platform seems to consolidate its position on the podium of the most used platforms for gaming, according to DappRadar.
Thanks to this momentum, it now displaced Hive from its position and puts it only behind Wax. The tokens that are part of this game are also expected to experience significant growth as demand for the game grows. Thus, if investors are not interested in playing, the buy-and-wait option could also pay off.
On the other hand, it should be mentioned that the dynamics of this play-to-earn is extremely attractive thanks to the 6 game modes. As its name suggests, it is a hunting game and each of the modes consists of hunting non-fungible tokens or NFTs. The latter can be used to improve the ability of the heroes or to sell them on the market.
Another feature of the game is that the graphics are similar to those of Fortnite and can be played from computers and from mobiles. The mode of adventures and battles is usually short, with approximate 3-minute fights after which you get rewards in BGEM or NFT token depending on the chosen mode.
How to play this play-to-earn
Like any other play-to-earn, Hunters on-chain is played through a compatible external wallet. The most famous, but not the only one of this type, is Metamask. With it the person can connect to the address of the application and immediately receives some rewards, at least for now.
At first it should take a while to understand the dynamics and the usefulness of the various skills of the characters. Once familiarized, the game becomes simple and the player simply has to choose a mode to start his hunt. As already mentioned, there are 6 modes to suit the user’s preferences.
For each battle won, players accumulate a certain amount of tokens, which can be exchanged for money. These tokens can also be reinvested to improve the character’s skills, which in turn allows the rewards for each battle to be greater. Investing from the beginning allows you to progress considerably faster compared to the time you have to wait if you play only in free mode.
If you choose to invest, this will allow you to have strong hunters and improve your strategies. It is vitally important to choose the most appropriate battles to ensure that the time invested generates worthwhile returns. It is worth mentioning that in this play-to-earn each hunter is unique thanks to its NFT qualities. This means that they can be traded according to their qualities on the in-game market.
So, once the game is connected and the hunters with the best possible qualities have been purchased, it is time to go out and hunt the NFTs.
The game modes
- The first of the game modes is the Hunt mode. This is a cooperative arrangement in which four hunters compete against each other. In this mode, the map is divided into different biomes and themes and with varied enemy difficulties. The objective is to hunt as many enemies as possible before time runs out. At the end of the round, players will receive rewards in BGEM tokens.
- The second is the Boss Hunt mode. In this stage, four hunters face various enemies until the boss monster appears. In this mode, players are ranked according to their performance and the rewards in BGEM vary according to the damage they did to the boss monster.
- Next, there is the co-op mode. This is a duo game in which the hunters protect the king. The reward to the two hunters will depend on the wave they have reached.
- The fourth mode is called Duel Mode. In it, players are pitted against each other. The winner of the round gets the BOOM and BGEM tokens from the pool.
- Next is the Bounty Hunter mode. This is the real Batlle Royale PvP mode. Here, the player is paired with nine other hunters and the one with the highest score wins the token pool.
- Finally, there is the Dungeons mode. This is the most difficult of the modes and, at the same time, the one that pays the best in this play-to-earn. Apart from coins, players can also take NFT. The enemies to face become stronger as the waves advance. Thus, they will receive rewards according to their performance.
Other games that are at the top
The Hunters on-chain game is ranked number 18 in Dappradar’s ranking. This is a respectable position considering how recently it was released. There are other more established games that could also be ideal. It is worth noting that the variety suits everyone’s tastes, so it is worth reviewing some of them:
- Alien Worlds: one of the favorites of those who love metaverse proposals. It currently occupies the first place in Dappradar. This game runs on the BNB Chain network, which allows it to be economical in terms of commissions and transactions.
- Farmers World: It occupies the third place in Dappradar and operates in the Wax network. Its dynamics is simple and basically consists of choosing land, harvesting and selling the resulting NFTs.
- Nine Chronicles: An entertaining game of kingdoms in which players play as they see fit. A Dungeon mode can be played in which NFT are conquered and traded. This game is ranked 8th in Dappradar.
- Defi Kingdoms: Another entertaining game with multiple options to obtain returns. Within its modality there are banks, farms and places to fight. In each of them it is possible to obtain profits with different options ranging from staking, farming or fighting in the arena. It occupies the 16th place in the same list.
- Oath of Peak: One of the games with the largest community is this one. It occupies 15th place and is a role-playing game with an oriental theme. In this play-to-earn, players make their way through the unknown until they become a team.
Any of these games can be both profitable and instructive for getting started in the world of decentralized investing. During the Axie Infinity boom, many young people made large amounts of money by taking up the game as a form of work. Unfortunately, the network of this game suffered a massive theft. The latter, coupled with the strong winter, caused the popular game to lose appeal.
It should not be lost sight of the fact that these games are insecure investments and there are high risks of losing everything invested. Thorough research is recommended before entering.
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