My Neighbor Alice: A blockchain-powered virtual social game
Unlike other virtual social games, My Neighbor Alice builds the entire game and its rules on the blockchain. What does this mean? It means that all assets owned by players in the game truly belong to them. In addition, all actions completed by players in the game will be recorded on the blockchain.
In traditional business games, the survival of the game is closely related to the producer and publisher. Once the investor decides to give up, the game will no longer have room for development. However, in My Neighbor Alice, the game platform is completely decentralized, and users have full ownership of everything they create. Even more exciting is that users may be rewarded for their contributions to building the game world.
ALICE Token Introduction
ALICE is the native token in My Neighbor Alice. Although it exists as a "token" on the blockchain, it actually represents the player's membership in the game. Players holding ALICE tokens can get member-exclusive experiences in the game, have the power to vote for development proposals, and can trade on the market.
Functionality of ALICE Token
In-game currency: ALICE tokens can be used to purchase assets in the marketplace, and can also be used to purchase special skills (such as time bonuses in fishing competitions).
Revenue Model: Land and asset owners can add features such as rent and charge visitors. For example, users can charge players for visiting a museum on their island.
Participation in special content: Certain tasks and features (such as opening a shop) are only available to players who stake ALICE tokens within a certain period of time.
Social features: Send ALICE tokens in chats with neighbors, gift assets to visitors, exchange NFT assets, etc.
Game benefits: After completing the task, players will be rewarded with experience points, which can be exchanged for in-game assets and traded.
Themed Islands: My Neighbor Alice collaborates with other blockchain projects to provide unique and exclusive player experiences to its token holders.
In addition, the ALICE token also has voting rights in the decentralized governance module, which is inspired by the liquid democracy model in the real world, giving all players the opportunity to participate in game design.
NFTs for in-game assets
Non-fungible tokens (NFTs) are an advanced technology that is created on the blockchain and represents special assets. Unlike interchangeable tokens such as ALICE or Ethereum, each NFT is unique and its transaction history can be tracked on the blockchain. NFT is a technology that is very suitable for representing assets in games. Through the in-game trading market and other general markets, players can exchange their NFTs and purchase their favorite NFTs. My Neighbor Alice creates a wide range of possibilities for the use of NFTs.
NFT Minting: ALICE token holders can mint different types of assets within the game by staking or providing liquidity on decentralized exchanges. The rarity of NFTs is tied to the time and value of staked tokens.
NFTs filled with collateral: NFTs are collateralized by a certain percentage of their value. When liquidity is urgently needed, choosing to burn NFTs will release the underlying assets to which they are bound, providing more liquidity and security for NFT holders.
NFT leasing: including functions such as leasing assets and renting plots of land, and clarifying the collective division of labor (such as arranging different people to be responsible for farming, fishing, decorating the island, etc.).
Taxation: Players can accept invitations from landowners to participate in the game without owning land. Landowners can ask players to pay taxes (similar to production taxes).
The team has completed the first farm animal NFT auction based on BSC and received a strong response from the player community. But this does not mean that only the official team can mint NFTs, ordinary players can also build assets in the game and issue their own NFTs. For example, changes made by players to their islands, including the creation of ponds and hills, will be recorded on the blockchain and can be traded when the island is sold.
My Neighbor Alice breaks the limitations of traditional virtual social games through innovative blockchain technology and NFT applications, giving players real asset ownership and a sense of participation. This decentralized gaming platform not only provides players with a rich gaming experience, but also creates new income and value for them.
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