Recently, Fantasy.top, a SocialFi application based on the Ethereum L2 network Blast, has received widespread discussion in overseas communities. Fantasy.top turns the cryptocurrency KOL on X (original Twitter) into cards, and combines it with KOL’s social interaction on the X platform to form a new SocialFi innovative gameplay.

SocialFi application that turns KOL into cards – Fantasy.top

These KOLs are called "Heros" on Fantasy.top. Players can participate in tournaments by collecting a set of promising hero cards. During the competition, the higher the KOL's social score, the more rewards card holders can get. , and KOLs themselves can also obtain 1.5% of the handling fee income of their own card transactions, an equal share of 10% of the card pack income, and free access to their own cards, among other benefits.

In this way, KOLs can be encouraged to create high-quality content, improve social interaction scores and profit from it, while also further strengthening the connection between content creators and audiences. Fantasy.top official wrote on X:

"We are committed to designing an elegant incentive mechanism that allows online creators to connect with their audiences and grow together. To perfect these synergies, we are developing a mod that will enable heroes to share their rewards with collectors."

Hero Cards

In addition to different KOLs, cards also have attributes such as star number, ranking, score, and rarity.

Some of these attributes affect player points calculation for tournament participation. For example, rarity will directly affect the game score multiplier:

  • Normal: 1x

  • Rare: 1.5x

  • Epic: 2x

  • Legend: 2.5x

Players can also upgrade the rarity by burning 5 identical cards.

In addition to buying cards, players can also choose to directly buy card packs (containing five cards). The selling price of card packs is priced according to the VRGDA model (similar to the LBP model). When demand is high, the price will rise, and when demand is low, the price will naturally increase. fell.

championship

Once they have enough cards, players can begin participating in tournaments. There are currently 2 types of tournaments, namely "Main Tournament" and "Flash Tournament". The competition usually lasts for 2 to 4 days, and there may be restrictions on the cards in the competition, such as the number of fans, limited rarity of entries, etc. The score of the card will be determined based on the number of tweets and social interaction data during the competition.

It is worth mentioning that the so-called tournament is actually the concept of "qualifying". Players who achieve high rankings in major tournaments can be promoted to higher-level tournaments (with higher rewards). On the other hand, if the ranking is too low, you may be demoted.

award

Players participating in tournaments can receive many different rewards, such as:

  • Blast Gold (Points for L2 Network Blast)

  • Fan Points (Fantasy points)

  • Card Holder

  • ETH

  • Fantasy Stars (Ability to participate in lottery activities to receive the above rewards.)

Data performance

According to the Dune data dashboard produced by Dune user hildobby, Fantasy.top generated 206 ETH (USD 640,000) in fee income in the past five days, the number of active players has reached 31,317, and the card trading volume has exceeded 20 million US dollars.

Fantasy top launched 5 days ago– 206.3E (640K USD) generated in fees so far– 31,317 active players– 6876.6E (21.3M USD) in total trading volume– Ansem has done 2.5E in fees (166E in total volume)Seems promising pic.twitter.com/Kk5C57yelP

— jay (@0xjaypeg) May 6, 2024

Fantasy.top is still in its early stages, and players are still figuring out how to play the game that suits them best. But in general, players must try to avoid buying cards whose prices are too volatile and pick KOLs who are willing to invest time in the game. In addition, the community generally believes that based on the current price of card packs, buying card packs is not as good as buying cards directly. The risk is too high and the expectations are too low.

If this article is helpful to you, please use the recommendation code to provide support. Fantasy.top recommendation code: Zombit__

This article What is Fantasy.top? A new application that combines cards and social networking, understand the rising popularity of SocialFi’s overseas discussion. The post appeared first on Zombit.