P2E NFT Game
Description
YetiTown is an innovative NFT project that combines excellent PFP art with game mechanics. At the stage of creating the characters’ images, the founders of YetiTown wanted to generate more profits from their project. The team looked at a variety of options. Among them was the idea of creating a P2E game. The usual NFT collections are not always successful, so their owners seek something more to offer to future stakeholders.
Facts:
Non-fungible tokens (NFT) are digital assets with unique properties that distinguish them from one another. For example, a non-fungible token might have a unique color, texture, or design. These tokens can represent real-world items or assets, and the system can use them to reward players for participating in online games or communities.
The NFT market is rapidly developing and gaining popularity. The reason is the growth in the value of cryptocurrencies and the evolution of blockchain technology. It allows people to monetize their own creations at a new level. Also, interest in NFT increased with the appearance of famous artists on the market. And minting is worth mentioning as well. It’s the act of publishing a unique instance of a token on the blockchain. If the audience becomes interested, it can provide a good income.
Solution:
Wetelo offered its services for the task. We helped create an exciting NFT game with creative design, smart contracts, and an integrated crypto wallet. Thanks to this, YetiTown was able to generate passive income and increase the audience’s interest. A nice bonus was the prospect of creating their own token and further growth of its value. We also offered web3 development services to create smart contracts for the minting and the P2E game mechanism.
In addition, the process speeded up in almost no time because Wetelo specialists took over the development entirely. Our expertise included front-end, React, and web3. That’s why we haven’t encountered any difficulties or delays which could arise due to the lack of coordination in the team. And the development process started the next day after the plan’s formation.
How it works:
To create your token, you will need to gather information about it. This list includes its name, symbol, and total supply. You will also need to decide on its issuance and circulation rules. Once you have all this information, you can start creating your token’s smart contract code. Its function is to facilitate the transfer of tokens between users, as well as to maintain transparency and accountability for all parties involved in the token sale.
To ensure that smart contract code is easy to read and understand, it should be written in a clear, concise manner using web3. It’s an open-source project that enables developers to write smart contracts and decentralized applications on the Ethereum network. After that comes the time to connect the MetaMask wallet. This browser extension allows interaction with decentralized applications (Dapps) and smart contracts.
The next step is to find a tool responsible for determining who will be the next owner of a given piece of digital currency. It’s the staking/unstaking mechanics. The staking process is simple: you add new coins to your wallet, and if those coins are successfully committed to the blockchain, you will be rewarded with newly created tokens (staked coins). Unstaking is the reverse process: you remove stakes from a given coin and, in return, will receive newly created tokens (unstaked coins).
The Wetelo team’s contribution culminated in the YetiTown NFT game. It is already fully functioning, and its players have the chance to enjoy its unique flavor. There are 4,444 generated characters, which players can upgrade and, thus, increase their value.
Our Ukrainian software engineers managed to develop and launch the website promptly, following tight deadlines. The execution speed is critical because the community doesn’t want to wait for a long time. They bought NFT tokens on preminting or minting and want to follow the roadmap.
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