crypto strategy

Gold Fever Evolves Blockchain Gambling Beyond Gambling To Earn Cryptocurrency

Amidst all the breathless talk about how blockchain is powered play to win the game will allow people to earn a living, too often an essential point is overlooked: blockchain games must above all be good gaming experiences.

It’s something the multiplayer survival strategy game gold fever does not take for granted. With lush graphics and immersive gameplay, it immerses players in a fictional wild jungle inspired by the dramatic events of the real Gold Rush at the turn of the previous century.

As adventurers, players explore the wilderness, mine the gold deposits they discover, and fight to survive against rugged terrain, hostile wildlife, and native tribes. As tribes, they defend their land from the depredations of foreigners who would exploit it. Their reward for doing so: shiny stuff, which they earn in the form of an in-game currency called NGL.

“We are creating a product that will stand on its own and be relevant to a gaming and crypto audience,” said Gold Fever CEO and Founder Emilian Ciocanea. Decrypt.

Evolution of in-game economies

By first building Gold Fever as a compelling game, which just distributes its rewards as cryptocurrency, the developers hope to avoid the trap of win-win game titles that turn people’s free time into grinding for in-game currency. .

“We’re able to do this because the in-game economy reflects a real economy, and because the game elements have real utility in gameplay and for the product’s primary audience: gamers,” Ciocanea said.

When players in a traditional video game purchase in-game hardware, such as weapons or a skin, that money goes to the game developer. In a play-to-win game, the NFTs that players acquire are often purely digital assets of no real value beyond the fact that someone might consider them collectibles. But Gold Fever turns all of the game’s infrastructure – from boats, planes, land and buildings to shops where players can buy tools and weapons – into commercial NFTs.

“Blockchain games can create friction points, but we remove them by giving people ownership of the entire game structure,” said Alina Tudor, chief growth officer for Gold Fever. Decrypt.

Unlike collectible NFTs, commercial NFTs offer holders a different and deeper form of ownership. Commercial NFTs are useful both as part of gameplay and as a product that can generate wealth for players beyond the game.

The creators of Gold Fever call this the game’s yield generator model. Because players have full ownership of their in-game assets in the form of NFTs, they can earn money while simultaneously contributing to the game economy.

This is real decentralization in action. Commercial NFTs invite players to become a dynamic part of the ever-evolving Gold Fever universe.

“Everything in the game has a purpose,” Ciocanea said. “We’re evolving from a game-to-win economy to something more complex, but we’re also creating an experience that can suit any type of gamer.”

Play to your strengths

Attracting different types of players is central to Gold Fever’s plans, from casual players drawn to the title solely on the basis of its gameplay, to enthusiasts seeking NGL and NFT rewards. Then there are the entrepreneurs, who carve out a place for themselves in the gaming economy, taking the NFTs they own and turning them into a profitable business for themselves.

“Blockchain technology has a certain kind of beauty and poetry – it can help people change the way they look at life,” Tudor said. Decrypt. “We talk about the difference between just playing and making money and being an entrepreneur.”

It is important to recognize that entrepreneurship is not a new concept in the gaming industry; esports gamers, Twitch streamers, and even goldsmiths make a living playing conventional games. Blockchain-based games like Gold Fever embrace this same concept and allow players to own true ownership over in-game assets, a response to an industry that too often sees game publishers become rent-seeking intermediaries. amassing profits at the expense of players.

Players can buy businesses and manage them in-game. Image: Gold Fever

In Gold Fever, if a player owns an NFT that represents a store selling groceries, they can earn income by lending collateral and generating income from in-game goods even when they are not actively playing the game.

Players also control and predict the amount of return they have for their NFTs. While Gold Fever will only release NFTs periodically based on the number of monthly active characters in-game to maintain rarity, Gold Fever itself will not own any in-game infrastructure.

The game has a lush tropical setting. Image: Gold Fever

The in-game economy ends up being a flywheel for enterprising players. The more people of all types who play the game, the more they will need the infrastructure that supports their gameplay, Tudor said, and investor-type gamers will benefit from this dynamic.

This is what Tudor and Ciocanea call a utility economy: a metaverse economy built on a free market for goods and services that lives independently of centralized ownership.

“Owners have an ongoing opportunity to put this infrastructure to work and create wealth for themselves,” Tudor said.

Overexcitement

Although the majority of NFTs in the game are tied to a specific utility, there is a new type of NFT collectible in Gold Fever called “Genesys Masks” that endow players with special superpowers.

The Genesys masks will be made available in January on the Gold Fever site during a Dutch auction, and on the NFT OpenSea marketplace when the contracts are audited. Masks unlock a premium beta version of the game – players won’t be able to access the mainnet until Q3 without a mask – and provide other benefits, like increased combat skills and the ability to recover lost NFTs, mine gold faster and magically revive when injured without having to be sent to the hospital.

A Genesys mask. Image: Gold Fever

The best way to think of them as game keys, almost akin to cheat codes. Gold Fever creates and sells them as a way to roll out the red carpet for its most loyal token holders and raise funds so they can continue to hire and grow the game.

Gold Fever is also hosting a premium pre-launch of the game, called Game of Diggers, for the chance to access Gold Fever in open beta and earn NGL and NFT worth $1 million. To access it, you need a Genesys Mask NFT attached to your character.

The game world is vast. Image: Gold Fever

These early crypto users and investors will help build Gold Fever’s infrastructure and pave the way for more mainstream players to get into blockchain gaming.

“We know the crypto audience will be interested in this,” Tudor said. “Once they help lay the groundwork, we can open the doors for avid gamers and deliver on our promise to provide them with a fun, high-quality gaming experience.”

Article sponsored by gold fever

This sponsored post was created by Decrypt Studio. Learn more on the partnership with Decrypt Studio.

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