This is how Cryptopia will RESHAPE the Metaverse

This is how Cryptopia will RE-SHAPE the Metaverse

There are countless ‘NFT-crypto-metaverse’ games out in the market, with more being developed or released by the day. In fact, the number of games related to crypto has doubled within the last year (CoinDesk 2022). A considerable number of these are flirting with crypto-gaming enthusiasts, by attempting to gamify recreational casinos, and surprisingly many of these resemble childrens’ games. This may lead us to think that — although these try to apply some part of blockchain tech — there are few which fit the bill for a truly decentralized metaverse that provides all the benefits of DeFi gaming.

A Truly Decentralized Metaverse

Cryptopia is one of these genuine play-to-earn projects and boasts being the first-ever blockchain-based game that is 100% decentralized. This is an innovation that is expected to set the tune for free-to-play metaverse games in the future, and elevate the standard for next-gen blockchain gaming. This metaverse project does not use dedicated institutional servers to host any game data. All of the vital in-game data is independently maintained by licensed node validators, while peer-to-peer networking is used for other supporting game functions.

Unlocking Polygon Network for Games of All Shapes and Sizes

The developers are even going to allow other projects to merge with and build on Cryptopia’s GameFi solutions such as its blockchain and its NFT marketplace. This is great news for games that wish to follow in the footsteps of Cryptopia’s blockchain development which is powered by Polygon (MATIC), an Ethereum side-chain scaling solution. Cryptopia’s decision to go on the Polygon platform doesn’t just allow faster transactions and lower gas fees for users, but also gives Cryptopia’s blockchain the benefit of interoperability with other cryptocurrency networks.

Multisig Wallet and Cryptopia Assets

It’s not all fun and games when a metaverse is completely serverless. While running a game entirely on the blockchain gives superb information security and integrity — there are bound to be some difficulties. Just like any non-custodial crypto wallet, you will act as your own bank and be responsible for the accuracy of all peer-to-peer transactions. These transactions will also be visible to the network — although this transparency can potentially include your asset balance. What’s more, if you lose your device or PIN login, the only way to recover your game data is through your wallet seed phrase. This is because your Cryptopia wallet is mined upon the creation of a Cryptopia account, which is coupled to your digital game identity.

All Cryptopia in-game assets themselves are tokenized, from the CRT utility token, to the game’s resource materials like wood, oil, glass, gold ore and bars, steel, concrete, and possibly with many more in the future. There are also a number of NFT assets in the game like: ships that are the main mode of transport, title deeds that prove ownership of Cryptopia land and sea tiles, blueprints for building construction-plans, also collectible loyalty cards and NFT-companion creatures that give attack and defend buffs during battle.

In-game dApps and DEX

Once your account is funded, everything associated with the Cryptopia blockchain is completely accessible through the game interface. You can pay gas fees, manage your wallet balance, use Cryptopia NFTs, and you can even access dApp services through DeFi buildings constructed in-game. The current DeFi services to be launched will include things like native token (CRT) staking, the Cryptopia (decentralized) exchange, and the creation of publicly traded in-game companies.

Working Around Gas Fees

Blockchain transactions require gas fees and since the entire game state is on-chain, this means every move executed in the game requires gas. Cryptopia gets around constantly having to pay gas fees through granting players the option to use discovery mode. In discovery mode, players can navigate around the map and even play minigames, before deciding to travel to a given tile. Even if you decide to be a globetrotter in the game, the in-game wallet structure is integrated seamlessly with the gas payment account. A small portion of the rewards you get from quests automatically goes toward your gas fees. If you do run out of funds in your gas reserves, the game will prompt you to transfer them from your multisig wallet.

Blockchain games operate efficiently, but are tricky because transactions on the blockchain are immutable — this is why becoming a pirate is permanent. Apart from your digital identity, turning into a pirate, and the faction you join in the beginning, the game status for each player maintains relative fluidity.

Tokenomics and Voting in a DAO Metaverse

There are many reasons why metaverse games rise and fall in relevance. This is mostly due to projects choosing to use one or more short-term solutions to create interest for new players and add value to the game economy. Cryptopia is more interested in playing the long game strategy, focusing on sustainability and leveraging the advantages of a purely blockchain-based infrastructure. The game’s architecture doesn’t begin with the token, unlike many crypto-NFT games. The developers also give a part of game governance control, if not absolute free rein, to the player community through voting on policies and initiatives that will affect the game directly. While players gain the right to vote in different ways depending on faction or player type, the voting mechanics are crucial to how the game will keep up with player preferences.

The solid foundation of Cryptopia begins with an enjoyable game, this is the first consideration made by the creators of this project. Only then was the game’s tokenomics designed and integrated with the philosophy of a circular economy in mind to make its longevity sustainable. Not the other way around, by designing the game around the token. Cryptopia Token supply is also fixed to remain deflationary, and relies on in-game elements to redistribute the same tokens once they are spent by the players.

—————————————————————————————————————