Steemit Crypto Academy Season 4 Week 1; Homework post for Professor [ @imagen]..NFT Games

in SteemitCryptoAcademy3 years ago

Continuing learning in cryptoacademy , gradually i am getting to learn new concepts. Today i am writing homework post set by professor @imagen which is about NFT gaming. Let's begin.

Introduction to Non - Fungible Tokens

Non-fungible token is a unique, non interchangeable and non tangible digital code recorded on blockchain. NFT is not in itself a cryptocurrency but can be sold for a cryptocurrency. NFTs represents some unqiue and or rare digital files like art work , sports , entertainment, photo, vedio and audio etc. Important point to understand is that, purchasing NFT does not entitle you to copy right privileges of the item , however it gives you ownership rights. Being unique it is traceable on the blockchain to the owner.



Describe in your own words the main Advantages and Disadvantages (Pros and Cons) of NFT Games in relation to other game modalities.



Advantages of NFT games

  • They incentivise the users and therefore value their time which they spent playing.

  • Players become absolute owners of the NFTs .

  • NFTs can be modified to make them more profitable.

  • Some games like cryptokitties promote generation of new tokens from the existing tokens that add further value .

  • They promote cognitive skills on top of other pros.

  • NFT based games are more secure than traditional ones as former run on blockchain which is a secure and suitable platform for the same.

Disadvantages

  • They are addictive as they involve incentives along with the kick of adventure.

  • As NFTs are financial entities therefore to start playing a game we need to have some bucks to enter unlike most of traditional games.

  • A Player need to have ample knowledge of NFTs, blockchain, wallets and exchanges.

  • Price of NFTs is sentiment driven which is not good for NFT holder.

  • The non repudiabe nature and decentralisation related issues like safeguarding of keys is an add on responsibility for players.

  • Duplication is possible and may disrupt the sanctity of game.



Name five (5) recognized characters: writers, artists, athletes or others, who have digitized their works (writings, publications, paintings, drawings, illustrations, etc.) to produce NFT. Please indicate the value of the NFT or the collection, show photos or images and cite sources.


Michael Joseph Winkelmann

HEXAGONIA.jpg
source
Michael's art work

Michael Joseph Winkelmann is an American digital artist who has revolutionised the field of art, graphic designing , satire and animation . He is profesionally known as Beeple. His work has touched diverse fileds of life like comic, polity, horror etc. He is so much dedicated towards his work that he has started a mission of creating art work everyday back in 2007 and in March 2021, he released his work by name ot "Everyday - the firet 5000 days " in 105 editions that was sold as NFT for $69,400,000. Some of his works have been included in Louis vulton's ( French
fashion company ) collection of goods.

Top 10 Most Expensive NFTs Ever Sold04.jpg
Source
One more NFT of Beeple worth mentioning goes by the name of " crossroad " . It has 2 animations, one was sold in 2020 for $69,400,000 and second in 2021 for $6.7 M. It is related to US presidential elections.

The first tweet

"just putting up my twttr,"

image.png
Source
Jack Dorsey - CEO of twitter sold his first tweet to a Malaysian businessman for $2.9 M. Actually the tweet was sold for 1630.5825601 ETH on platform by name of Valuables.

Metarift

metarift.png

Source

Metarift is a NFT artwork representing some spherical objects rotating in many directiions. The artist of this NFT is "Pak". However, it is believed that Pak is an anonymous artist about whom nothing much is known. Metarift was sold for
$904.41K. Despite anonymity Pak and Metarift are famous in NFT world.

Death Dip

Death Dip.gif
Source

Death dip is an NFT sold for about $1.58 million. Death dip is available on SuperRare. At the time of creation, it was 14th most expensive NFT on SuperRare but is now the most expensive NFT there.

Lionel Messi

0ARrSihRZ_7m7aoia.jpg
Source

Lionel Messi is a professional soccer player of Argentina. NFTs have long been linked to various sports and the common ones being Fan tokens. Messi has also added to this collection by launching Messiverse. It is a collection of digital trading cards with his image launched on Ethernity.



Describe in depth the selected game: founders or developers, launch date, objective of the game, operation, native token (price, market capitalization, position), availability in the various operating systems and any other relevant information. Show Screenshots.



CryptoBlades

Before going into details of the game. I would like to mention some specifics of the game that have been asked in the question.

  • Founders :Lip Devine (US), Daniel Karsai (Hungery) , Raymond (Swedeen) Hammarling ( US).

  • Developer company : Riveted Games

  • Launch date ; 2014

  • Native token : SKILL


SKILL token details


  • Price : $19.80

  • Rank: 799

  • 24-hour trading volume of $4,543,746 USD.

  • MarketCap of $17,504,226 USD.

  • Circulating supply of 879,525 SKILL coins .

  • Max. supply of 1,000,000 SKILL coins.


Introduction.



Cryptoblades is a web based NFT driven role playing game where players are rewarded with native tokens of the game and that is SKILL. It was launched in 2014 with vision of providing a source of income along with entertainment by very famous company dedicated to the development of games that goes by the name of Riveted Games and the team of developers are professional technocrats like , Lip Devine (US), Daniel Karsai (Hungery) , Raymond (Swedeen) Hammarling ( US).

Operation of game.



Cryptoblades is a role playing game where players have to defeat their enemies in battlefields and rise up in levels. Players are empowered by different military weapons. Depending upon the speciality of the weapons, their value ( NFT) is set. These weapons can be bought or sold in market place. Players are subjected to different levels with changing battlefields. To begin with, starting from a plaza where players have one weapon with them . They move to earth. After neutralizing enemies on earth, it is trumped by water, lightening and fire.

Players mint their first character in plaza for 4.6 SKILL and is free to choose four characters at any particular time each of which costs 4.6 SKILL. Each character cannbe assigned to fight a particular enemy after checking the features of enemy. To begin with, a player has a Stamina of 200 and during each level 40 Stamina is consumed. So 200 is enough for five levels. Stamina regenerates at a rate of 1 every 5 minutes. Once a player defeat his assigned enemy, he is awarded SKILL and experiance. But the awarded experience is not applied to the characcter. It is just accumulated and to apply it to the character, it has to be claimed by paying the nominal fee in the form of BNB. In case of defeat, nothing is awarded.



Show the complete process to acquire the tokens (it does not necessarily have to be the game selected in the previous question, as long as it is within the list provided). Indicate the platforms (wallets or exchanges) where it is available; the process for downloading, installing and configuring wallets or networks. Show Screenshots.



We need to have wallet like Metamask. I already have an account on Metamask. Go to Metamask and log in.

  • On the main page, click on top left corner, a drop down menu with many option will be seen and then click on the Browser . It will open default browser where we will search for "CryptoBlades.

  • We will be landing into the main interface of the game.

  • Click on top right corner amd then click on the CryptoBlades Game .

  • Next we need to Connect our Metamask wallet to the CryptoBlades game .

  • Click on the connect Metamask button and we are connected.

  • Click on the option "TOTAL BALANCE" to add SKILL.

  • To attain SKILL, we need to swap BNB to SKILL . A minimum of 4.6SKILL is needed to start up minting characters. Once account is funded, we can start playing it.

  • As i haven't enough funds in my wallet, so i couldn't continue further.


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Conclusions


With the boom in digital currencies following release of parent coin (BTC) , new tokens like NFTs have evolved and rapidly gained popularity because of association of NFTs to diverse practical aspects of life like gaming, entertainment, art work , sports, audio files, vedio files etc. BTC or altcoins although laid foundation of digital economics but they remained restricted to financial sector only. On the contrary, NFTs were able to relate to many practicalities of life and therefore gained more popularity and involved people from different walks of life.


Thanks


Sort:  
 3 years ago (edited)

Gracias por participar en la Cuarta Temporada de la Steemit Crypto Academy.

Escala de ValoraciónNotaObservaciones
Pregunta 11.5/1.5
Pregunta 21.5/1.5
Pregunta 32.2/3.0
Pregunta 42.8/3.0
Pregunta 50.6/1.0
Total8.6/10

Realizastes un buen esfuerzo y demuestras conocimiento del tema, sin embargo, debes extenderte un poco mas en tus respuestas.

Espero seguir corrigiendo tus asignaciones.

 3 years ago 

Thanks for kind review. I'll try to do better next time.

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