Generative Data Intelligence

Tag: essence

How Wizardia’s Players (and Investors) Can Benefit from a Novel NFT Economy

As the NFT and Metaverse gaming space continues to make leaps and bounds in 2022, we are slowly witnessing the evolution of the gaming space – not only in terms of story, character and gameplay but also the underlying economies which form the financial foundations of a given project. One example of this is Wizardia. Wizardia is an upcoming play-to-earn fantasy Metaverse game where players take on the role of unique wizards represented by NFTs and battle each other in a bid to earn valuable resources and level up their NFT avatars. Wizardia is built atop the Solana (SOL) blockchain, a low-fee Proof-of-Stake (PoS) network that rose to become one of the most popular destinations for developers to set up dApps in 2021. Conceptual Art – The Battle Arena While Wizardia gives players the chance to increase the value of their NFTs through standard gameplay, another aspect of the game’s NFT-based economy has drawn attention in recent weeks for the way it generates royalties over time. Earn Royalties for the Game’s Duration Comprising a two-NFT economy, Wizardia’s in-game Wizard NFTs are accompanied by Arena Genesis NFTs – tokens that give holders exclusive rights to earn royalties from all future battles and transactions conducted in the game’s Battle Arena. In essence, this means early investors can purchase Arena Genesis NFTs and sit back and collect ever-increasing royalties as more and more players enter the game world and engage in Arena battles. Notably, holders of Arena Genesis NFTs don’t even need to participate in gameplay, instead, the NFTs are staked in the platform and owners will reap rewards in the form of tokens.                Arena Genesis NFT (1st round) That investment is one that promises to pay off for the duration of the game’s existence. Much like profits generated from the successful activities of a given company, Arena Genesis NFT holders will accrue royalties from in-game transactions as time goes on. A quick glance at Wizardia’s revenue projection calculator reveals the potential royalties for investors who get in during the first round of the Arena Genesis NFT private sale – a figure no less than 100% ROI (return on investment) per month, assuming a player base of 30,000. Please note that this is just a projection that depends on many variables, such as the number of daily game users, number of daily fights, or the Wizardia token price – and no royalties are 100% guaranteed. Revenue Projection Calculator Not Just the Early Bird Who Gets the Worm Conceptual Art – The Battle Arena Potential royalties to be gained from Arena Genesis NFTs fluctuate according to the increasing price of the tokens as Wizardia progresses through each subsequent round of its public sale – of which there are seven. The difference between the cost of the NFTs between round one and round seven of the private sale are quite stark – ranging from $125 per token to $445. However, while the incentive to take part in the earliest rounds of the sale is clearly apparent, the way Wizardia’s royalty generation is constructed also gives late-stage investors a good chance of reaping serious rewards. This is because the value generated from the Arena Genesis NFTs naturally increases as more and more players enter the game world. Additionally, a portion of the royalties generated from all subsequent sales rounds will make its way to the early-stage investors, meaning they will start generating royalties before a battle is even conducted in the game. This novel approach to NFT revenue builds on the royalty structure of popular NFT platforms like OpenSea, where royalties are earned each time an NFT is sold on. With Wizardia’s Genesis NFTs, the tokens needn’t be sold in order to generate continual royalties, but instead act as early-bird royalties in the ongoing progress of the project. What’s more, the prospect of actually selling an NFT on OpenSea – where the market is already approaching saturation point – is never wholly assured. The first phase of Wizardia’s Arena Genesis NFT public sale will be conducted in early February, with later phases of the sale set to be held throughout the early part of 2022. The game’s battle arena game mode is slated for release by the end of Q2 of this year, meaning Genesis NFT holders will be able to start earning passive income from in-game battles very soon. Wizardia is giving away $10,000 worth of prizes to its community. Up for grabs to community members who participate in the airdrop is $10,000 USDT split by 90 randomly selected lucky winners, all distributed on Binance Smart Chain. The airdrop ends on February 7th. Register now to enter the free giveaway.

Why It’s Time to Rethink Incident Response

The incident response landscape has changed drastically, largely from shifting attitudes among insurance companies and, to some extent, business customers feeling the pain of security incidents.

Crypto Community HeritageDAO Seeks to Acquire Korean National Treasures

Singapore, Singapore, 26th January, 2022, Chainwire The sudden birth of HeritageDAO,$HDAO, was the response of the crypto industry to the ...

Read More...

Why You Should Sell Your Bitcoin

21 + 21 more reasons why you should sell all of your bitcoin now.

Bitcoin Crashed Immediately After New York Mayor Received Paycheck In BTC, But Here’s Why He Has No Regrets

Bitcoin Crashed Immediately After New York Mayor Received Paycheck In BTC, But Here's Why He Has No Regrets
Eric Adams, the recently sworn-in Democrat Mayor of New York City, has no regrets accepting his first Bitcoin paycheck despite the fact that the crypto market recently got hammered. NYC Mayor Unfazed By Bitcoin Crash The double-digit sell-off of the crypto market on Friday saw bitcoin, the world’s largest cryptocurrency by market cap, establish an […]

Isang Buwan na Axie Infinity Releasing Event para sa Lunar New Year Sinimulan Na

Ang 'Lunar New Year Axie Releasing Event' na magaganap mula Enero 20 hanggang Pebrero 20, 2022.

The post Isang Buwan na Axie Infinity Releasing Event para sa Lunar New Year Sinimulan Na appeared first on BitPinas.

5 Reasons why you should buy NEAR

 The volatility of the crypto space has made gaining wealth in the 21st century…

The post 5 Reasons why you should buy NEAR appeared first on Coin Journal.

How The NFT Definition of Art Impacts Its Equity Value 

How The NFT Definition of Art Impacts Its Equity Value 

E-Crypto News' update provides the latest articles on technology and cryptocurrencies.

e-cryptonews.com

Continue reading How The NFT Definition of Art Impacts Its Equity Value  at E-Crypto News.

Algorithmic Stablecoins- Everything you NEED to Know!

Financial markets, built on the premise of speculation, are natural breeding grounds for volatile price action. Crypto markets, in particular, are notorious for their excessive volatility which is the result of a myriad of factors such as the relative lack of liquidity, regulatory concerns, adoption-related developments, media hype, etc. Now, as a participant in this […]

The post Algorithmic Stablecoins- Everything you NEED to Know! appeared first on Coin Bureau.

On The Ground In El Salvador With Samson Mow And The Volcano Bitcoin Bond

Bitcoin Magazine got an exclusive interview with Blockstream's Samson Mow to discuss El Salvador's new Volcano Bitcoin Bond.

Whitepaper: Customer experience in the new reality: Challenges for banking ecosystems

Banks are definitely no longer just providers of banking and financial services. In the new digital reality, these institutions are expected to become partners...

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?