Bigtime is soaring, inventory of 4 high-quality potential blockchain games

Bigtime Soars Ahead Inventory Boasts 4 High-Quality Blockchain Games with Strong Potential

What qualities should a successful blockchain game have?

Original author: 0xSekiro

On October 12th, when Coinbase announced the launch of the Bigtime token, Bigtime started a sustained rise, with a short-term increase of up to 573.1%; in just 24 hours, it went from the initial price of 0.01 USDT to a high of 0.32 USDT, with a cumulative increase of 3200%.

For a while, the topic of gold farming reappeared on social platforms, and players from all over the world started forming teams, preparing to enter the game to “mine for gold”. Some players even reported that they can earn a minimum of 200 USDT per day from Bigtime gold farming.

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According to DeGame data, in the past 7 days, the number of fans of Bigtime’s X account has increased by about 20,000, indicating its popularity.

In fact, this is not the first time Bigtime has gained popularity. As early as during the first wave of GameFi craze in 2022, Bigtime had already become well-known. At that time, Bigtime impressed players who were tired of repetitive mining in the Axie Infinity mode with its superior game quality, Fair Launch rules, skin-centric selling point, competitive P2E mode, diverse professions, and abundant growth elements.

Although the popularity of Bigtime declined later, along with the overall cold winter of GameFi, its resurgence brings both market benefits and hope to the development teams that are still sticking to the game track.

As a representative of AAA-level blockchain games, the popularity of Bigtime also led to the rise of the GameFi sector. Traditional players in the blockchain gaming sector, such as Loom, YGG, Gala, and MC, have all experienced a boost in value thanks to Bigtime.

So, besides Bigtime, what other high-quality blockchain games in the industry are worth paying attention to? Which ones among them have the potential to become the next Bigtime?

A Look at Potential Blockchain Games

1. Seraph: A Web3 game incubated by the company behind the popular game “Dragon Nest”

Official website: https://www.seraph.game/

Twitter: https://twitter.com/Seraph_global

Summary: Seraph is a dark-themed ARPG Web3 game. The game is currently being incubated with investment from Actoz Soft, a Korean online gaming giant and the producer of famous game IPs such as “MapleStory” and “Dragon Nest”. It has conducted two closed betas in April and July this year, attracting a total of 30,000 player registrations through cooperation with the community, with a first-day retention rate of 72% and a 7-day retention rate as high as 45%. The game advocates for a Free to Play model and supports both PC and mobile platforms.

Economic Model: In Seraph, the economic model is divided into three modules: the loop module, the governance module, and the land module. The economic loop is mainly composed of three interconnected encrypted assets.

The token part is composed of SRF, which is the core token of Seraph. Some of it is rewarded to top-ranked players through season PVP. At the same time, SRF tokens also have the functions of identifying NFT, creating equipment, and participating in governance.

Unique NFT: It is the main carrier of Seraph’s game content and is represented in the game as chaotic equipment with mining attributes. Users can obtain P2E qualification and improve their gold farming efficiency by equipping NFT.

Soul Stones: They are the in-game currency of Seraph and also a necessary consumable to enhance Unique NFT. Players can also consume soul stones to enter corresponding dungeons and have a chance to drop new Unique NFTs.

Gameplay: In simple terms, Seraph is based on the traditional Diablo gameplay, with equipment as the core NFT asset, and it involves a “brush” game of multi-frequency dungeons and instances. Players challenge game content by holding Unique NFTs and obtain in-game currency soul stones. They can also earn SRF by participating in PVP season rewards, or sell newly acquired Unique NFTs obtained through gameplay for actual profits.

2. Earth From Another Sun: Selected as the Best Indie Game of the Year in the 2021 Steam China List

Website: https://earthfromanothersun.com/

Twitter: https://twitter.com/PlayEFAS

Introduction: “Earth From Another Sun” is developed by the Multiverse team and is a sci-fi hack-and-slash sandbox game built on the Solana ecosystem. The core gameplay is sci-fi first-person shooter combat. In the Steam Next Game Festival in 2022, the game ranked in the top 10 among the 800 games in the selection. It also was shortlisted as the Best Indie Game of the Year in the 2021 Steam China List. In 2022, Earth From Another Sun raised $4.5 million in funding from Solana Ventures, Alameda Research, Lightspeed, and other participants. The game is expected to be released in 2024.

Economic Model: The game chose the classic dual token + NFT scheme for its economic model. Among them:

The governance token is EFAS, which allows holders to vote on the management and operation of the game.

The utility token is KPL, which is generated by players through in-game experiences and is consumed by purchasing rare troops, spaceships, and other goods.

NFT is the main carrier of the game’s content, mainly represented by in-game troops, vehicles, ships, companions, and other elements. Players can trade NFTs through the game’s built-in marketplace and also have the ability to mint NFTs using the provided UGC tools and sell them on the market.

Gameplay: To experience the game, players need to purchase NFTs within the game and earn KPL tokens through in-game actions. Currently, the documentation does not disclose the path for generating EFAS tokens within the game. Therefore, it’s highly likely that both the governance coin and utility coin will be listed on exchanges after the game is launched.

3. Puffverse: A casual blockchain game with a background in Xiaomi team

Official Website: https://puffverse.pro/

Twitter: https://twitter.com/Puffverse

Introduction: Puffverse is a multi-game platform designed primarily around puff pastry characters, creating a 3D metaverse similar to Disney for players to explore. Players can earn various rewards by participating in various puff pastry games. What’s unique is that players can use a single NFT to participate in all puff pastry games. The project is developed by a team related to Xiaomi and has gained support from the BNB Chain. Currently, the game supports both PC and mobile platforms.

Economic Model: Instead of adopting the Axie paradigm, Puffverse introduces the concept of “ve” in its token model. Through a fixed exchange ratio between the PUFF token and vePUFF, the game achieves governance and utility functions.

PUFF is the circulating token within the game, used to pay for main paid features in Puffverse, such as LianGuaiss cards and land purchases. Players can obtain PUFF by playing the game and through secondary market purchases. PUFF can also be staked to exchange for vePUFF at a fixed exchange rate.

vePUFF is the governance token of the game, non-transferable, and holders can enjoy benefits such as in-game dividends, staking, token trading, and NFT trading discounts. If holders want to exit, they can only convert it back to PUFF for selling.

Another core asset in Puffverse is NFTs, mainly represented by puff pastry characters. Users can mint NFTs through the official website. By holding NFTs, users can generate PUFF tokens within the game and exchange them for other in-game NFT items like Tickets.

Gameplay: The gameplay of this game is relatively straightforward. Players participate in small running games using relevant character NFTs. Players earn PUFF token rewards based on their performance. Players can choose to sell the tokens for profit or convert them into vePUFF for faster profit growth.

4. Abyss World: The GameFi representative on Sui

Official Website: https://www.abyssworld.games/

Twitter: https://twitter.com/AbyssWorldHQ

Introduction: Abyss World is an action role-playing game developed by Metagame Industries based on the Sui Layer 1 blockchain. On December 22, 2022, the well-known gaming media IGN released the first trailer for Abyss World. Abyss World is also seen as a benchmark for GameFi in the Sui ecosystem. The game advocates Free to Play and divides players into casual players and professional players. Casual players can experience the game for free, while professional players can earn profits through Play to Earn (P2E).

Economic Model: Abyss World’s economic model mainly consists of AWT (governance token), MGC (points-based currency), and NFTs.

AWT is used for capturing the value of the game and also serves as the governance token. It can also be used as the raw material for creating game NFTs, which players can obtain by participating in PVP, ladder matches, and other activities.

MGC is an unlimited in-game currency initially presented in the form of points. It is used to reward players for their daily PVE actions. MGC can be used to exchange for important materials for upgrading NFTs.

NFTs are the carriers of game content, presented in the form of weapons and heroes.

Gameplay: Casual players earn in-game tokens without speculation attributes through daily PVE missions and use them to upgrade their weapons and summons. Professional players, on the other hand, purchase the listings of casual players on the in-game trading market, providing profitable opportunities for casual players. Professional players profit by purchasing various weapons and summons to participate in PVP and gain more profits. It is worth noting that the settlement currency for every transaction between players is USDT/USDC, with the game developer charging a 3% – 5% transaction fee.

Qualities of a Successful Blockchain Game

Based on the above game analysis, combined with the success of Bigtime, we seem to have discovered some general principles that make a game successful. If we consider Axie Infinity’s dual token+NFT model and the simple UI that makes up the GameFi era as the classical GameFi era, then after Axie, the narrative of GameFi has undergone significant changes.

Firstly, the quality of new blockchain games must be solid. This means that on one hand, new blockchain games have stronger team and institutional backgrounds, ensuring their longevity. On the other hand, high-quality game content is also more likely to attract external players, particularly those from the Web2 side.

This leads us to the second change in GameFi narrative: the increasing emphasis on gaming elements. If the classical GameFi era was based on simplifying the complex DeFi logic into a game, with financial speculation still dominating, then the new GameFi narrative is defined by a game with certain speculative properties.

Take Bigtime as an example, under the trend of Bigtime becoming popular, many gold farmers have rushed in, putting great pressure on the game ecosystem. As a result, the project team directly intervened and modified the values to reduce the earnings of gold farmers. “If you believe in a game, buy its currency” is a kind of participation similar to investing in stocks, and theoretically, it should be encouraged.

Due to the focus on gaming elements and the need for user adoption in Web2, it leads to the third change: adapting to the habits of Web2 users. This includes promoting the Free to Play model, aiming to further reduce the entry barrier for users. The integration with mobile platforms means that the 3 billion mobile gamers worldwide have become potential customers for blockchain games.

As a result, new blockchain games are gradually moving away from the pure Web3 environment and starting to enter the Web2 world. Contact with the real world requires compliance with legal regulations. The aversion to the death spiral and rapid inflation becomes the benchmark for developing games by the new blockchain game development teams.

Finally, the fourth change is that the boundary between Web3 games and Web2 games will become increasingly blurred. Web2 game developers will gradually accept the existence of encrypted assets and the concept of Play to Own. Meanwhile, blockchain game teams will also begin to use common metrics among traditional game developers, such as DAU, MAU, 7-day retention rate, and 14-day retention rate, to build games.

In summary:

The prologue of the blockchain gaming story has just begun. The products we see now are just the beginning of this industry’s great story over the next 10 years.

Innovation always arrives with previously unseen products. Just as internet users in 1995 couldn’t imagine Twitter and Discord, we cannot assert that blockchain games will replicate the product forms of the traditional gaming industry. However, they will certainly follow the basic demands of gaming users and address the current problems in the gaming industry. Furthermore, in the process of innovation, blockchain games will also propel themselves further towards popularity.

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