How On-Chain and Off-Chain Economies Work Together Seamlessly

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Geopoly

4 min readJan 27, 2022

Economic simulator games have been around since the 1990s and have generated a loyal following of players that love the idea of measuring their skills as they run a virtual business. The games feature an online economy in which players can be the ultimate capitalist which includes owning a production plant, retail store, restaurant, international trading company, and more. However, with the recent rise in blockchain gaming and the emergence of the now-infamous metaverse, a door has opened for a new kind of economic simulator that not only features gameplay on the blockchain but off the blockchain as well.

Geopoly: The Ultimate Game for Capitalists

Geopoly by Widow Games is the latest economic simulator to enter the world of NFT gaming. Its metaverse features an endless selection of businesses and iconic locations that players can claim digital ownership of and operate in the game. However, Geopoly itself is not a new game by any means. It first debuted as an Android and iOS app that was well received by players and earned top ratings. With a robust community behind it and proof of concept in hand, the move to allow users to play-to-earn seemed inevitable. However, its creators had another ace up their sleeve to help set Geopoly apart from the competition.

Connecting the Virtual (On-Chain) with the Physical (Off-Chain)

Designing a game where on-chain and off-chain assets could work in tandem is no easy task, however the developers of Geopoly worked meticulously to accomplish just that. Its metaverse utilizes a 2 layer economic model in which players can build, rent, upgrade and sell

a real-world business that they claim digital ownership of. This off-chain economy is based on actual businesses around the globe that players can scout out with the use of satellites and drones.

The GEO$ tokens and in-game NFTs make up the on-chain economy. GEO$ is Geopoly’s native cryptocurrency that players can spend in the Geopoly metaverse and farm through the purchase of NFTs, which are available in two forms. The first is pre-minted Special & Iconic location NFTs such as the Great Wall of China or the Eiffel Tower. The other types of NFTs players can acquire are Ownership Certificates which players can mint on request. Both will enable players to generate a passive income and farm more GEO$.

Building Your Off-Chain Enterprise

Much like any successful business in the real world or an advanced economic simulator, players and business owners are required to keep up with the times and make upgrades and repairs wherever necessary. This could mean fixing something that has broken or buying new equipment and materials to improve the means of production. In Geopoly, players will have to stay on top of the growing demands their businesses face if they want to stay successful. Competition is stiff, and as a capitalist in the Geopoly metaverse, you’ll have to keep an eye out for incoming attacks from competitors that wish to steal your data and resources.

The Virtuous Cycle

The Virtuous Cycle is the process in which players stay ahead of the curve by staying ahead of the curve and continuously growing their enterprise to receive experience points and more branches. Much like in the real world of commerce, Geopoly’s off-chain economy rewards players in their efforts to grow and expand their business. Of course, it’s a well-known fact that businesses can grow more quickly when there is more capital to work with, and Geopoly also integrates this real-world reality into its gameplay with the use of hard cash.

Let Your Inner Business Mogul Run Wild

Geopoly calls upon players to put their keen business acumen to the test in a highly-competitive play-to-earn economic simulator. The off-chain and on-chain economic models present an industry-first in NFT gaming, and combined with our robust economy and proof of concept, ensure a path towards long-term growth is clearly defined. Ultimately, the goal of these two models is to keep players engaged and earning as we pave the way for more digital ownership of real-world entities and open the door for mass adoption to occur.

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