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While a strong bear market prevails in the #NFT market, quality projects have no trouble selling their NFTs. A great example of this is the mobile game SpaceCatch, which sold out its very first NFT collection in just 33 seconds! The immense interest stems primarily from the quality of the project itself. But what will follow?
About SpaceCatch
#SpaceCatch is a mobile game that combines elements of Web 2.0 with Web 3.0. The game supports augmented reality, similar to the well-known game Pokémon GO, but also incorporates blockchain and NFT elements. This allows players to experience an entirely new gaming experience.
The game will also feature an open in-game economy, meaning that players have ownership over their in-game items/money and can freely trade and deal with them. This opens up a new category of investment players who will have multiple opportunities to profit actively or passively in the SpaceCatch game.
An important aspect is that the #CATCH token is not an in-game reward token, thus avoiding the massive inflationary pressure and token devaluation seen in about 98% of all crypto "games". Additionally, the SpaceCatch game has been in active development for a year, with the full version expected to launch by the end of this year.
SpaceCatch NFTs Utility
Thanks to the quality and intricate mechanics of the SpaceCatch game, we managed to sell the first 500 NFT Genesis Boxes in just 33 seconds! What caused such a high demand for these NFTs in the NFT bear market?
There are several answers, but they all have one thing in common—utility. The NFT Genesis Boxes have multiple utilities, including:
· Being the rarest boxes in the game, with a total supply of 10,000 NFTs. These NFTs will be gradually released for sale over the next 2 years, with each subsequent pre-sale phase being more expensive than the previous one. The first phase was priced at $50 USD, and the price of the next phase is estimated to be $100 USD.
· Each box contains parts of the rarest set in the game, the Genesis Armor Set & Genesis Weapon Set. The difficulty of in-game tasks will escalate, with some tasks requiring the strongest armor and weapons to succeed and receive rewards.
· Since the SpaceCatch game aims to be accessible to everyone, a SpaceCatch NFT Lending feature will be implemented. Owners of rare and powerful NFTs will be able to lend them to other players, creating a win-win model where NFT owners can passively profit from the game while regular players don't need to buy expensive NFTs but can rent them for the duration needed to complete tasks. This will be a peer-to-peer model where both parties can create rental offers for a predetermined price and rental duration.
· Holders of these NFTs will gain access to bonus tasks on Zealy (described below). Additionally, a certain number of tokens are allocated exclusively to box holders as an additional bonus!
Confirmed $CATCH Token Airdrop
The SpaceCatch game also has a confirmed airdrop of its $CATCH token. What we know so far is that this airdrop will be rewarded for completing tasks on the Zealy.io platform. The more tasks you complete, the larger the airdrop you can receive.
In the Zealy task series, there's currently a category exclusively for NFT Genesis Box holders. Anyone who owns this box and verifies through the SpaceCatch Discord role "Genesis NFT Hodler" will gain access to daily/weekly/monthly tasks, earning them free XP.
Owners of these NFT Genesis Boxes will be able to increase their $CATCH airdrop by up to 100%! The tentative airdrop date is already known—by the end of this year.
Summary
The biggest challenge in the NFT space in general is the lack of utility and a plethora of empty promises. However, SpaceCatch eliminates all of this with its NFT offerings.
The boxes currently available for purchase are sold in individual units, and it appears they are not in a hurry to sell them quickly, recognizing their significant potential for airdrops. The collection can be found on OpenSea under the name 'SpaceCatch Genesis'. Please remember that holding the NFT box is a requirement for an airdrop boost.