Cryptopia

Just as in the real world, acquiring property matters in the virtual world.As discussed in a previous article, <a href="https://coinmarketcap.com/community/articles/64718f8735640e21c51d8707/" rel="noopener noreferrer nofollow">virtual property</a> plays a key role in the blockchain-based open-world game and virtual city-state Cryptopia.Cryptopia offers the <a href="https://cryptopia.com/game/" rel="noopener noreferrer nofollow">Tycoon mode of gameplay</a>. As Tycoons, players with funds can acquire Title Deeds (virtual property NFTs) and build their business empire, allowing them to excel further in Cryptopia.This system, however, has an added layer, in the form of Blueprint NFTs. As the name makes clear, these NFTs provide you with the blueprint for the type of building that the Tycoon has to construct for a certain business.Meanwhile, the other mode of gameplay is Adventure, which allows players to grow by exploring the world and accepting quests, just as they would in a <a href="https://coinmarketcap.com/community/articles/646f041c68f0b127ded456ba/" rel="noopener noreferrer nofollow">role-playing game</a> (RPG).As you can see, by structuring the game this way, Cryptopia encourages Tycoons and Adventurers to work together. Adventurers need the jobs that Tycoons create with their businesses in order to earn TOS (<a href="https://cryptopia.com/tokenomics/" rel="noopener noreferrer nofollow">Crypto token</a>), experience points, and other rewards. Meanwhile, Tycoons need Adventurers for the labor force they need to make their business empire a reality.In fact, this is how Cryptopia levels the playing field, according to Cryptopia Founder, CTO and Lead Developer <a href="https://coinmarketcap.com/community/articles/6462202175b33b63e47bd59b/" rel="noopener noreferrer nofollow">Frank Bonnet</a>. Tycoons may have the advantage in resources, but Adventurers have time.&#34;Let&#39;s say that I want to construct a building. I can&#39;t do it myself; I need other players who have construction skills. And I&#39;m willing to spend resources on it; this is my business model. I will allow 10 or 20 other players to earn from constructing my building. That&#39;s the beauty of Cryptopia. Players create opportunities for other players,&#34; Bonnet said.As a game <a href="https://coinmarketcap.com/community/articles/645080f6c1d7e422b683e6fb/" rel="noopener noreferrer nofollow">completely built on the blockchain</a>, Cryptopia actually serves as a model for the <a href="https://coinmarketcap.com/community/articles/63d7726487181d5515e4e057/" rel="noopener noreferrer nofollow">decentralized future of our real world</a>. It is, in a way, proof of concept that it’s possible to create a society based on the blockchain.As such, the economics behind the world of Cryptopia has been painstakingly mapped out.The premise behind Cryptopia is a fictional second white paper by the founder of Bitcoin, <a href="https://coinmarketcap.com/community/articles/649bf14a0996c93fc5eaf0e8/" rel="noopener noreferrer nofollow">Satoshi Nakamoto</a>.As stated in this <a href="https://wiki.cryptopia.com/story/whitepaper/" rel="noopener noreferrer nofollow">fictional white paper</a>, the current world economic system is due for a collapse due to its inherent flaws. The proposed solution is to create a new kind of society whose foundation is blockchain technology — which would also entail a decentralized government.“Cryptopia will feature a decentralized government largely controlled by its citizens. Policies are proposed by the citizen’s elected officials and are put to a vote on whether they should be made into law. To encourage good behavior, a public reputation system may be put into place in the blockchain. Crimes and misdemeanors lower one’s reputation score by an amount determined by the government. Those with high scores may take part in government profit-sharing, while those with low scores will be prohibited from certain activities, such as running for office. First priority would be a code of ethics that all individuals must adhere to in order to be a citizen.“Elected government officials will propose policies based on their constituents, or alternatively, any citizen that has gathered enough support through the blockchain for a policy may propose it. Once a proposal passes into law, the government will also implement and enforce it. In the case where the policy can&#39;t be enforced automatically on the blockchain, violators may be fined instead, paying their fine directly through the blockchain. Likewise, a court system will be established to settle disputes among citizens. A police force will also be established to curtail abusive and criminal behavior, and their names, offenses, and corresponding fines recorded in the public blockchain.“As blockchain already creates a digital ledger of secure, anonymized and auditable transactions, it may be used to record and audit votes. When the citizens are called upon to vote on a proposal, their registration is verified on the blockchain. Once verified, they may view the proposal on the blockchain. If the citizen chooses to vote, they vote using their credentials within the given time period and their vote is recorded in that particular proposal’s blockchain. The government will track and audit the process and ratify the results.”Cryptopia is so committed to decentralization that once the game is completed, it will be turned over to the players, who will decide its fate and future direction.Meanwhile, just as in the real world, different ideologies also clash, with <a href="https://wiki.cryptopia.com/factions/the-factions/" rel="noopener noreferrer nofollow">four factions</a> rising with their own interpretation of how the Cryptopia vision should be achieved. These factions are <a href="https://coinmarketcap.com/community/articles/64084b2a24b7f93706ee5a8d/" rel="noopener noreferrer nofollow">Traditional</a>, <a href="https://coinmarketcap.com/community/articles/642183182d80720f9caa3bba/" rel="noopener noreferrer nofollow">Eco</a>, <a href="https://coinmarketcap.com/community/articles/642da85ffc99f652d14bc2e4/" rel="noopener noreferrer nofollow">Tech</a>, and <a href="https://coinmarketcap.com/community/articles/642da7c7854d0036761835b3/" rel="noopener noreferrer nofollow">Industrial</a>.Which faction a player belongs to will determine the dynamics with other players. This is because each faction has different priorities when it comes to climate, profits, production, science, and cooperation.For instance, Eco and Industrial have strongly opposing views, with Eco seeing Industrial as greedy capitalists with no regard for the environment and Industrial dismissing Eco as tree huggers. So you can imagine what Industrial thinks of Eco’s insistence on using renewable energy, and Eco’s reaction to Industrial’s championing of coal and other fossil fuels.At the end of the day, in-game economics plays a <a href="https://unity.com/how-to/what-is-in-game-economy-guide-part-1" rel="noopener noreferrer nofollow">vital role in the success of a game</a>.“A strong in-game economy is much more than monetization. It’s the silent force behind player engagement, and it can define how players progress through your game.”So, is your economy encouraging gamers to play?—————————————————————————————————————What is Cryptopia? Cryptopia is an upcoming blockchain game that stands out by design: • Free to earn: everyone can play and earn. No need to buy an NFT first • 100% decentralized: the game runs on the blockchain in combination with a node network • Fun to play: play the way you want!Official Links [Website] <a href="https://cryptopia.com/?ref&#61;CMC" rel="noopener noreferrer nofollow">https://cryptopia.com</a> [Wiki] <a href="https://wiki.cryptopia.com/" rel="noopener noreferrer nofollow">https://wiki.cryptopia.com</a> [Discord] <a href="https://discord.com/invite/cryptopia" rel="noopener noreferrer nofollow">https://discord.com/invite/cryptopia</a> [Facebook] <a href="https://www.facebook.com/CryptopiaOFCL" rel="noopener noreferrer nofollow">https://www.facebook.com/CryptopiaOFCL</a> [Twitter] <a href="https://twitter.com/CryptopiaOFCL" rel="noopener noreferrer nofollow">https://twitter.com/CryptopiaOFCL</a> [YouTube] <a href="https://www.youtube.com/&#64;CryptopiaOFCL" rel="noopener noreferrer nofollow">https://www.youtube.com/&#64;CryptopiaOFCL</a> [Instagram] <a href="https://www.instagram.com/cryptopiaofcl" rel="noopener noreferrer nofollow">https://www.instagram.com/cryptopiaofcl</a> [CoinMarketCap] <a href="https://coinmarketcap.com/community/profile/Cryptopia" rel="noopener noreferrer nofollow">https://coinmarketcap.com/community/profile/Cryptopia</a> [Twitch] <a href="https://www.twitch.tv/cryptopiaofcl" rel="noopener noreferrer nofollow">https://www.twitch.tv/cryptopiaofcl</a> [Spotify] <a href="https://open.spotify.com/show/4jkkGIZyiSkQvYLWqGLWVE" rel="noopener noreferrer nofollow">https://open.spotify.com/show/4jkkGIZyiSkQvYLWqGLWVE</a> [Telegram] <a href="https://t.me/cryptopia_ofcl2022" rel="noopener noreferrer nofollow">https://t.me/cryptopia_ofcl2022</a>For Investors [Private sale] <a href="https://app.cryptopia.com/privatesale-entry?ref&#61;CMC" rel="noopener noreferrer nofollow">https://cryptopia.com/privatesale</a> [Early-access NFTs] <a href="https://app.cryptopia.com/early-access?ref&#61;CMC" rel="noopener noreferrer nofollow">https://app.cryptopia.com/early-access</a> [Cryptopia Roadmap] <a href="https://sharing.clickup.com/24415847/b/q93k7-827/board" rel="noopener noreferrer nofollow">https://sharing.clickup.com/24415847/b/q93k7-827/board</a>

The Economics of Cryptopia: Commerce, Government, and Energy

Cryptopia

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