Playermon — an Upcoming NFT/Play-to-Earn Game That Will Take the Market by Storm

Let’s start with the basics first. What is NFT, and what are NFT games? An NFT stands for “non-fungible token.” It is a token that exists on the blockchain, which is unique to any other asset. The difference with cryptocurrencies is that NFTs are one-of-a-kind, and because of it, they tend to attract collectors, who then later buy and sell them on digital marketplaces and platforms.

So, NFT games are developed with smart contracts to set the rules as their core mechanics stored on the blockchain. NFT players trade with NFTs, and they know the exact price of each NFT is in the market. That price changes from day to day.

The difference between the traditional video games is that NFT games give players the chance to win virtual assets, as they are rewarded with tokens and NFTs to make money from it. Let’s look at what the new game Playermon offers and compare it against other popular NFT games.

Playermon vs. Other NFT Games — What is the Difference?

Entry Costs

The first problem that comes to mind when looking at NFT games such as Axie Infinity is the high entry costs. The most popular games like those two have a very high entry price, which is a massive factor in why new players tend to stay out of it lately.

The barrier for entering the game is simply ridiculous, and we cannot help but feel that there has to be a more reasonable price for new players to start playing. If the NFT games have reasonable entry costs, then the number of players will increase as well. To put it simply — no game should cost in the thousands just for players to get started.

Playermon will be among the leaders in attracting new players on board in this aspect. The entry costs for this game will be significantly more reasonable than other NFT games, so a flux of new players is inevitable at the beginning.

Economic Vision

The game is looking for a balanced economy and building it with an inclusive economics policy to make sure people can earn by playing while investors can optimize ROI.

The quality and the inclusive economics design of Playermon look destined to make it the next leading play-to-earn NFT Game in the blockchain industry. It will be a game that everyone can access; players, creators, and investors will be able to make money based on their “playformance.”

The Essence of Gaming

There are many Play-to-earn NFT games out there that are very simple and boring to play. Some are not even a game and only require you to grind to build something. Over time, this becomes very mechanical for the player since there is no real gaming factor, which leads the players to leave in search of a new game eventually.

The grinding is okay, but there has to be something innovative in the games that are about to come out. When you compare the high entry costs with the boring game that would follow, you are just likely to walk away.

Back to the basics — A game must be fun to play.

Players were willing to spend a lot of money to play quality games before these Play-to-Earn games even existed. Playermon is a play-to-earn game that is anything but boring. The team creating it will spend more than ten(10) years creating and vesting it, which is a testament to their dedication.

Collectively, the team has been in the game industry since 2012, published more than 52 titles of mobile games, and is outsourcing partners of many AAA gaming companies.

Play-to-Earn

Playermon is a new type of game that rewards the players for all the time they spend playing it. It is a player-owned economy, meaning that there will be no game producer selling items to the player and profit from game assets selling. Instead, we enable players to trade in their NFT assets in the game’s marketplace.

Items in the game are considered Non-fungible tokens (NFT), meaning that any user can sell them on open markets.

Inside the game, you can do this in Radix Planet — the most populated planet in the entire galaxy of the game story, where people gather all the time to trade. But of course, players can also trade the NFTs on other major platforms.

Playermon’s focus is growing the economy and charging only a small % as a fee for marketplace transactions.

Tournaments and events

Playermons metaverse has three aspects in it. Playermon will have countless tournaments that allow players and investors to earn money through ticket sales, ads revenue, broadcasting rights, etc.

Planet Taxing is the first aspect, as investors can get tax through purchasing planet assets. The second aspect is the Play-to-Earn Community Playermon Yield Guild, which can be created by lending the game’s assets, which will provide chances for other players through the scholarship program.

The Creator Platform is the next aspect, and the Playermon team will look to build planet gameplay that will boost creators and artists in having copyright ownership with the possibility to earn PYM. The Creator Economy is a market leader, and investments have shown $800 million in growth since 2020.

Polygon Network

Playermon launches on a Polygon ecosystem, and its token has the roadmap to list decentralized exchanges and centralized exchanges. Polygon was previously known as the Matic Network, and it becomes popular day by day as it has various tools that improve the speed and reduce any costs of transactions on the blockchain networks. Compared with other blockchain networks, Polygon has over twenty times lower transaction costs, which will be a significant edge over different networks.

Tokenomics

There is a dual token mechanism for the game, which is the most sustainable tokenomics among the games. Anyone who has governance tokens is allowed to vote for the direction of the game universe. As for the payment method, players can buy eggs or Playermons in the marketplace, and the Playermons can be upgraded over time.

The in-game resources (tokens) are called SGems and PYM, and they are used to mint Playermons

New items can be bought or crafted using the tokens, and token holders can also explore dungeons. Additionally, token holders can expand the colonial base they have with game assets. The creators can mint the original game assets in any further expansion and list them in the marketplace. The holders can also stake the tokens, which can earn them rewards in any future planet expansion.

Players can also use SGEM to buy services and items and upgrade and breed Playermons. Crafting items and buying non-NFT in-game assets is also possible with SGEM.

Sustainability of the Token and Burning Mechanism

Lastly, SGEM will have an elastic supply. Each transaction inside the game will mostly have a burning mechanism to prevent token surplusage and create a sustainable economy. It prevents the token’s value from dropping to a disappointingly low level and encourages healthy token circulation.

So get ready, Playermon Masters!

Learn more about Playermon:

Discord: https://playermon.com/discord
Telegram: https://link.playermon.com/telegram
Telegram Announcement: https://link.playermon.com/telegram-ann
Twitter: https://link.playermon.com/twitter
Medium: https://link.playermon.com/medium
Instagram: https://link.playermon.com/instagram
YouTube: https://link.playermon.com/youtube
Facebook: https://www.facebook.com/playermonofficial