Alpaca Finance
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Alpaca Finance

New Products Incoming! Announcing Alpaca’s Expansion Into Two New Segments: NFT Avatars and Play-to-Earn GameFi!

Dear alpacas,

For a while, we’ve been telling you that we’ve been working on major strategic products in secret, and it’s time to reveal what two of those are. When we form product strategy, we always keep our big ears to the ground, listening for the sounds of where the loudest stampedes are coming from. So of course, as two of the fastest-growing segments in crypto, NFTs and Play-to-Earn gaming have been on our eardar…

In fact, NFT and gaming are two sectors we’ve been targeting even before they got hot. As some of you veteran alpacas may recall, we started minting NFTs in March of this year, being one of the first BNB Chain brands to gain popularity through NFTs. We even created 4 episodes of the first NFT animated series and have since released over 50 custom NFTs to tens of thousands of our users.

Gaming, as well, is a domain we’ve planned to get involved in for quite a while, having started working on an Alpaca game concept almost half a year ago. Now though, these products are beginning to take shape, and will soon be available for the Herd to enjoy!

Alpies — Our NFT Avatars

Our artists have been hard at work hand-drawing art for our upcoming limited edition 10,000-piece NFT collection, which we’ll release in two parts on BNB Chain and then ETH. Both sets will be bridgeable between BNB Chain and ETH so you’ll be able to trade them on OpenSea and other marketplaces.

The Dauntless

5,000 dark-themed Alpies will first be sold on BNB Chain. Join these relentless capitalists in clearing their path to success through a fierce focus on execution.

The Dauntless collection will go on sale on Tuesday, October 19th at 10pm (GMT+8). To show love to our loyal BNB Chain Herd, we’ll offer these Alpies at a lower price than the upcoming Dreamers collection, and the minting price for Dauntless will also decrease every hour. The floor price will be 1 BNB. More info in this Twitter thread.

(Update 10/21/21 — The Dreamers set sold out within 1 minute after hitting the floor price of 1 BNB. The sale raised 6910 BNB, a value of $3,275,388 at the time, generating an ALPACA buyback & burn of1382 BNB = $655k, and $164k for charity — Event Tweet)

The Dreamers

5,000 light-themed Alpies will be sold on Ethereum. Join these idealistic builders in their quest to grow the crypto industry into a financial utopia.

The Dreamers collection will go on sale on Thursday, October 28th at 2 PM UTC. This collection will be sold for ETH at a higher price than the BNB Chain sale (specific price TBA).

Alpie Utility

In addition to being glorious profile pictures, these Alpies will also have important roles as heroes in our upcoming play-to-earn game, scheduled to be released in Q2 2022.

These NFT avatars will be randomly generated from 200+ unique hand-drawn features of three rarities: common, rare, and epic. The rarer features will give higher stats within the game. There are also set effects between some features.

You will need to own 3 Alpies to play the game. If you manage to get your paws on one of the Alpies from this limited edition collection, you can also expect to gain the following exclusive benefits:

  • Presale allocation of future Alpaca game project token
  • 50% higher max leverage on Alpaca Finance
  • Future NFT airdrops/giveaways
  • Beta access to Alpaca game
  • Higher game stats
  • Exclusive free game items
  • High-quality NFT Breeding
  • Access to exclusive Discords (Illamanati for Dauntless, Knights Tempaca for Dreamers, and both can access The Paws That Be)
  • Exclusive access to Alpaca physical merch

Proceeds

From the sales proceeds, 20% will go to ALPACA holders through buyback and burn. 2.5% of the 5% royalty fees will also go to ALPACA holders through buyback & burn.

In addition, 5% of sales proceeds will go to alpaca-oriented charities and rescue operations to help real alpacas in need. 🦙🦙🦙

Alpaca Play-to-Earn Game

While we’re not ready to reveal many details of the game because it will still take us some time to develop it, aiming at a Q2 2022 release, we can tell you about our process so far. We spent a long time studying and composing various game ideas to build something we feel not only will be sustainably fun and competitive, but also have good synergy with Alpaca Finance.

We’ve been working on the base graphics and game mechanics, studying the market in both crypto and wider gaming for months to determine what would work best, before we came up with our concept and put a unique twist on it. Since then, we’ve started recruiting game developers to help us build the game in-house. This way, we can not only launch but have the capacity to develop expansions, which is much more difficult when outsourcing to a game studio.

For now, we’ll just say that it’ll be a unique and charming experience 😉 and these Alpies are the foundation for it. Their features are not just made to look cool but compose 10 hidden game classes, with the light and dark sets containing 5 each. Some of the features are exclusive to one set or unique to a certain class, and there are also set bonuses if you get lucky enough to get an Alpie with certain combined features.”

So if the concept sounds like it may be promising, don’t miss out on these high-level hero Avatar NFTs because we won’t sell these again. On a final note, the game will feed back value to ALPACA holders through revenue sharing, and this will be the case with any product under the Alpaca brand.

What’s Coming Next in Q4 2021

As you can see, we’re planning to start next quarter off big, but NFTs and gaming aren’t all that’s coming. As a result of focusing on these secret projects, several major releases including AUSD and multi-chain were slightly pushed back. However, we’ve been working on these and they’re also on the way. So as a member of the Herd, all you have to do is sit back, put your paws behind your head, and relax, because lots of fun things are coming your way.

We’ll be releasing the site for getting Alpies within the next few days so make sure to follow our socials at the bottom of this article.

About Alpaca Finance

With over $1 billion USD in TVL, Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart Chain. It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.‌

As an enabler for the entire DeFi ecosystem, Alpaca amplifies the liquidity layer of integrated exchanges, improving their capital efficiency by connecting LP borrowers and lenders. It’s through this empowering function that Alpaca has become a fundamental building block within DeFi, helping bring the power of finance to each and every person’s fingertips, and every alpaca’s paw…

Furthermore, alpacas are a virtuous breed. That’s why, we are a fair-launch project with no pre-sale, no investor, and no pre-mine. So from the beginning, this has always been a product built by the people, for the people. Or as we like to say: by the alpacas, for the alpacas.

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Alpaca Finance is a leverage yield farming protocol built on BNB Chain and Fantom. It allows yield farmers to earn higher returns by opening leveraged positions

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Samsara NotALlama

Samsara NotALlama

Head of Strategy and Marketing at AlpacaFinance.org

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