In the first quarter of 2022, blockchain gaming investments and usage accounted for 52% of all blockchain activities. This was partly because blockchain technology provides players with the opportunity of earning cryptocurrencies and non-fungible tokens (NFTs) while playing. The players can then decide to hold, sell or trade these cryptocurrencies and NFTs on crypto exchanges or NFT marketplaces respectfully. Game designers, on the other hand, earn a cut from each transaction as a form of revenue.
In this article, we’ll discuss the impacts of The Sandbox and Apecoin in blockchain gaming and explain why FEED3 (FD3) is expected to provide as much valuable experience in blockchain gaming and why it is considered by many as the next big cryptocurrency.
One of the digital assets on the Sandbox is the SAND and as is often the case, SAND is a finite resource – no more than 3 billion SAND will ever exist, regardless of demand. This is done to ensure value stability and to defend against potential forced asset devaluation.
Another essential part of the Sandbox is LAND. The Sandbox game’s entire online world is made up of LAND plots – a total of 166,464 exist, and no more will ever be created. This means that LAND is a key asset, and players who possess it can use it to build their personal paradise.
It can be used to host games, socialize with friends, as a more traditional virtual house, or for any other social hangout space. Other players can explore and interact with these spaces, which also showcase a creator’s work.
At the same time, land can be viewed as a financial investment because it not only has a real-money valuation but can also be monetized by the owners.
ApeCoin is a decentralized project created by the Bored Ape Yacht Club (BAYC) and intended to serve as the APE ecosystem’s governance and utility token. It allows holders to participate in the ApeCoin DAO, serves as a shared and open currency in the APE ecosystem, and provides holders with access to exclusive games, merchandise, events, and services.
The ApeCoin (APE) token allows holders to participate in the ApeCoin DAO’s governance and gives them access to exclusive APE ecosystem features. It is also a tool for third-party developers to join the APE ecosystem by incorporating the token as an incentive into their services, games, and other projects.
Feed3 (FD3) is the first-ever audio feedback tool designed and developed to help the Web3 community provide feedback on their experience of playing a blockchain-based game or interacting with a dApp through AI-powered voice notes.
Feed3 (FD3) also boasts of a collection of 10,000 NFTs called Intelligent NFTs (iNFTs) that power the proprietary voice feedback model- Freeda. The iNFTs process the voice feedback and generate FD3 tokens creating a passive income stream for the iNFT owner. Owners can also sell the iNFTs at a reasonable price.
With Feedback-to-Earn (FB2E) from Feed3, game players will have the ability to record and send audio feedback after playing a blockchain game. The players would receive rewards in FD3 tokens in return for submitting feedback.
Whether it’s MOBA, Action-Adventure Shooters or other genres, Feed3 (FD3) technology would allow the players to record their feedback and earn FD3 tokens for submitting the audio feedback.
To help the Web3 gaming players leverage the idea of the FB2E model, Feed3 will develop partnerships with some notable titles operating in the Play-to-Earn (P2E) economy.
The partnership will allow the integration of the Feed3 technology within the UI/UX of the games and help the players and gaming guilds to generate an additional source of income.
A 5% extra Feed3 token is available for buyers who purchase at the First Stage of the Feed3 (FD3) presale. And 10% extra is added to purchases made with ETH. Buying with USDT TRC-20 attracts a 15% token reward.
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