What is Nakamoto Games? Nakamoto Games is a Web3 Game platform that provides Play to Earn games based on skill and strategy without depending on luck to win. So what is Nakamoto Games and what is the outstanding mechanism? Let’s find out with Weakhand in this article.
To better understand what Nakamoto Games is, people can refer to some of the articles below:
- What is NFT? All About NFTs
- What is GameFi? GameFi’s Operating Mechanism
- What is Play To Earn? Trend Opens A New Era For Gaming
Nakamoto Games Overview
What is Nakamoto Games?
Nakamoto Games is a Web3 Game publishing platform that provides Play to Earn games that require in-depth knowledge of skills and strategies to win without depending on luck. From there, allowing players to earn economic rewards.
Nakamoto Games is a video game development studio based in Los Angeles, California United States. The company was founded by former employees of Riot Games in early 2018. Their games are designed to be simple, fun and easy to understand, creating a premise for players to easily access without having to play. Need to learn more about detailed instructions.
They will not offer any form of gambling or casino-like activities.
What is Nakamoto Games?
Nakamoto Games has successfully launched its mainnet with over 200,000 registered players. The Games users will find in Nakamoto Games are mainly HTML5 Games, short miniclips with many genres from action, shooting, NFT Games to sports…
In addition to miniclip games, the Studio also has developers who are building the first AAA Survival Games. Currently, the team has successfully launched More than 200 Games.
The project’s vision is to become one of the leading Web3 Gaming industry platforms in the market, creating a the largest GameFi and Metaverse ecosystem. From there, the connection and complementarity are formed, creating a NAKAVERSE ecosystem.
Notable products and features of Nakamoto Games
Reward system when playing Game Play To Earn
Unlike the reward systems of most other Game projects which are to complete tasks to receive rewards, Nakamoto Games allows Players compete with each other to win other players’ tokens. In a certain set of rooms in the Game, there will be 8 empty spaces for 8 players.
The system will apply a similar approach to the Poker prize pool, where the reward for playing the Game comes from each player’s purchases in the form of a participation fee. In other words, people who want to participate in the game must put their money in first. Then, rewards will be distributed to each player based on the rank the player achieves when the Game ends. The higher the rank, the greater the reward a player is allocated, whereas those with a low rank may lose out on a participation fee.
Free to Earn system
To allow users to participate Nakamoto Games without risk, this model is deployed to introduce and enhance the experience of the ecosystem. The system allows users to participate in games on the platform without connecting to a personal wallet.
Games they can play for free include: Brawler Master, NAKA TD, Zomebie Crash, Time your Throws and CandyShop. When a player wins and enters the top 10 players of the day. They will receive rewards in the form of tickets to be able to play Play to Earn Games as above. The number of rewards depends on their order as follows:
- Rank 1 – Gold: 5 tickets
- Rank 2 – BAc: 4 tickets
- 3rd place – Bronze: 3 tickets
- 4th place: 2 tickets
- Ranks 5-10: 1 ticket
Commission reward system (discount)
By inviting friends to register and start playing on Nakamoto Games, users will receive a 3% fee for each Game Play to Earn their friends play. This amount is converted into NAKA tokens.
For example: The price of 1 ticket is 3.5 NAKA, the referrer will receive 0.1051 NAKA equivalent to 3%.
Assets in the Game
Nakamoto Games has a very cheap playing cost and is for all players with small capital ranging from 0.05 USD to 5 USD per game play. Each player will have to pay a certain number of NAKA tokens to buy resources to play the Game. These resources are ammo, tickets, gasoline, oil, gas also known as in Game assets that can be created in NAKAVERSE or purchased directly from the platform.
These types of assets are valued by default in USD, not by the number of NAKA tokens. The prices listed are: 0.05$, 0.1$, 0.25$, 0.5$, 1$, 2$, 5$
The buy-in amount that a player must pay varies depending on the size of the bet the player wants to participate in.
NAKA Marketplace
NAKA Marketplace is a decentralized marketplace where players can buy or sell any Game NFT in the platform freely using NAKA tokens as a medium of exchange. Currently NAKA Marketplace supports buying and selling:
- TThe assets in the Game are used to play the Game on the Nakamoto Games game portal.
- Nakaverse Land NFT.
- Outlanders NFT (tentative develop in the future).
NFT trading on NAKA Marketplace will have a small transaction fee that helps the platform create a sustainable economy that promotes the long-term development of the project.
NAKAVERSE
Nakaverse allows Play to Earn players to compete against each other for scarce resources and build valuable items in the Game’s vibrant economy. Jobs, organizations, houses, land, users name it, everything is built inside the Nakaverse.
Nakaverse is built on a foundation that fuels the entire Nakamoto Games ecosystem. Unlike other metaverses with scarce land values. Nakaverse land has an unlimited supply and operates with an intrinsic value attached to each land in the form of a certain amount of raw minerals, which can be mined.
NFT Naka Punks
Basic information of this NFT collection includes:
- Total Supply: 10,000 NFTs
- Blockchain: Ethereum
- Marketplace: Opensea
Players who hold that NFT will have the following perks:
- Whordrop NAKAVERSE assets worth 500 USD.
- QGet access to the Satoshi Game Club.
- Share a pPart of the profits of the Nakamoto Games platform when they are profitable.
- The buyback program is guaranteed for users to sell NAKA Punks back to Nakamoto Games for $200, as long as the owner does not redeem any airdrops, assets received from owning the NFT for a period of one year.
Arcade Emporium
The Arcade Emporium service will sell shared virtual space through NFTs that can be accessed by Nakamoto Games community members.
Owner Arcade Emporium NFT will enjoy all commissions earned from users playing Games on Nakamoto Games. Surname will receive 3% commission in the form of NAKA tokens for each Game played on the platform they own. The more players, the higher the passive commission received.
Special features of Nakamoto Games
Some highlights of the project are:
- The ecosystem development speed is extremely fast: Currently, the platform is leading the market when completed with 100 new Games by the end of 2022 and is preparing 160 new Games by 2023.
- Human resources factors: Behind the Studio is a team of experienced staff, with a long history of developing popular games like League of Legends.
- Influential partners in the Game market: Nakamoto Games has partnered with companies such as Riot Games, Valve Corporation and Square Enix to create new Games. More specifically, Flappy Bird from Vietnam. Besides, they also cooperate with companies with experience in the Crypto market such as Dapper Lab’s CryptoKitties.
- Focus on player experience: Does not depend on the element of luck. Skilled players will have the opportunity to earn economic rewards without spending any capital.
- Connect many Gamers: Nakamoto Games also offers many features that help players easily connect with each other and share tips and tricks for playing the games they love.
- Generate revenue: By having certain products like Arcade Emporium, Nakaverse, Naka Punks NFT or NAKA Marketplace. NTheir revenue will come from NFT copyright fees, platform transaction fees and profits from NFT sales. From there, creating a sustainable economy for the entire ecosystem.
Development Roadmap
Nakamoto Games has been launched since the end of 2021. Currently, the roadmap has been completely completed. In the future, they may focus on developing and releasing more game titles. Everyone can follow the official information channels from the project for the fastest updates when they announce a new roadmap.
Investor
- On September 1, 2021, the project raised an undisclosed amount of capital through the Strategic round by funds x21 Digital, VBC Ventures, 4YF Capital and other funds as shown in the picture.
- The total project amount called for through Seed, Angel, Private, and IDO rounds is 7,760,000 USD.
Core Team
Nakamoto Games Studio is headquartered in the US. Core members include:
- You are moderator at Nakamoto Games and will ensure that the team expands to have the necessary resources to build an advanced Game Play to Earn ecosystem.
- I did operates Sublime Solidity Inc since 2019, providing white label development services for groundbreaking projects in the Ethereum ecosystem.
- At Sublime Solidity, he led a team of more than 20 highly skilled developers and professionals. Besides that, he also works with some of the largest GameFi projects in the Crypto market.
- Besides, you has nearly 10 years of experience providing versatile web development services.
COO: George
- He is very familiar with leading large-scale teams and ensuring that projects are on track for success.
- In recent years, Britain did project manager for a number of IT infrastructure and high-end real estate projects.
- He graduated from the industrial design department at Bangkok University of Technology, Thailand.
- In 2021, he joined Nakamoto Games and will lead operations at Nakamoto Games.
- She has led digital marketing efforts at one of Thailand’s most prestigious online media agencies for the past four years.
- Miss cPossess specialized skills in developing and implementing impactful sales and marketing strategies tailored to specific audiences.
- Miss will be responsible for developing Nakamoto Games’ marketing strategy and will ensure that both Western and Eastern markets are aware of Nakamoto Games’ next generation GameFi ecosystem.
Tokenomics
Basic information about NAKA token
- Token name: Nakamoto Games
- Ticker: NAKA
- Blockchain: Polygon
- Total Supply: 180,000,000 NAKA
- Contracts: 0x311434160d7537be358930def317afb606c0d737
Token Allocation
NAKA’s total supply is distributed as follows:
- Token Sale: 30.56%
- P2E Vault: 22.22%
- Game Developer: 11.11%
- Team: 16.66%
- Optical: 11.11%
- Player Sponsoring: 8.33%
Token Release
Team and advisor tokens will be locked for 36 months. After unlocking, users can redeem the following transparent wallet addresses:
Token Use Cases
- Used as transaction fees on the platform.
- Staking to earn Staking Reward NAKA.
- Play games on the platform.
- Commission referral rewards.
- The main currency for trading assets and resources in the Game.
Exchanges
Currently NAKA is present on exchanges: Kucoin, Uniswap, Gate.io, HTX, Biget, CoinEX.
Information Channel of Nakamoto Games
- Website: https://www.nakamoto.games/
- Twitter: https://twitter.com/NakamotoGames
- Discord:
Summary
Nakamoto Games is a unique Web3 gaming platform with many Free to Earn and Play to Earn games to help players earn economic rewards worthy of their abilities. With the GameFi trend heating up again, the price of the NAKA token has seen extremely impressive growth. Besides, Nakamoto Games’ ecosystem is extremely complete. Promises to attract more new players to join. Hopefully through this article, everyone can understand what Nakamoto Games is.
