Momentum 6 Portfolio Spotlight: Space Falcon

Kadeem Clarke
Momentum 6
Published in
4 min readApr 16, 2022

Overview

Metaverse has been one of the most popular buzzwords in the Crypto space recently, and play-to-earn (P2E) games are an essential part of the metaverse.

Space Falcon is an Intergalactic metaverse featuring the classic space shooter game and community-built SciFi NFTs.

Space Falcon is re-innovating the metaverse ecosystem by rewarding rare NFTs to players who meet in-game objectives. The game was created on Solana Blockchain, one of the fastest and cheapest chains in terms of transaction fees.

Space Falcon is advancing the idea of decentralized gaming; its game universe has weapons, rocket ships, planets, and other items. The good thing about these items is that they can be represented as NFTs.

There is no limitation on how players can use the NFTs acquired during this game. Space Falcon comes with a marketplace where creators and players can sell their NFTs for income.

About the game

The earth is under attack by aliens, and your spaceship is the only hope remaining. You have only one job, take a stand and stop the incoming invasion. The promise of rewards is heavy. However, the task ahead of you is not easy. The difficulty in the game increases with each victory, and only those that are strong enough will earn the ‘earth’s mightiest protector’ title.

Players come across ten engaging space shooter missions that allow them to build an empire and create NFTs across different galaxies. Players can upgrade their spaceships in each of the missions. Spaceships are thoughtfully designed, with notable differences and intricate details.

How to play

Players must connect their Phantom Wallet to start playing the game. Games controls should be familiar to traditional gamers:

  • Use the normal Up, Down, Left, and Right arrow keys on your computer to control your Falcon
  • Identify enemy spaceships and shoot at them using the space bar

The game has some unique features with more to be rolled out over time:

  • Players get three lives with the basic training mode
  • There are updates on the skin, spaceship color, laser weapon, and background
  • Leaderboards
  • Incremental levels
  • Weapon resource depletion meter

Space Falcon Token: $FCON

$FCON is the native token for the Space Falcon metaverse. The token has been designed to help users unlock the in-game features. Players can also stake $FCON and earn $FGOLD. $FGOLD is the in-game currency used to unlock game features, perform gaming actions, and purchase NFT assets. Players can trade their $FGOLD for assets through the MetaGround, bringing an economic side to the overall gameplay.

$FCON value is directly tied to the growth of the Space Falcon metaverse. Its utility in this virtual world is vast, and the token is awarded to players based on their game-time and the leaderboard. Players can also earn $FCON through in-game asset ownership like virtual lands, where other players can pay taxes to access.

Falcon Marketplace — Metaplex

Many items in the Space Falcon metaverse are represented as NFTs, ranging from lasers, spaceship skins, visual enhancements, names, planets, and maps. Space Falcon utilizes the Metaplex model to allow creators, artists, and players to mint NFTs and conduct auctions. Metaplex comes with simple tools plugged into the Solana Blockchain, making trading fast and cost-effective.

How to make a profit on Space Falcon

  1. You can play the game and complete Falcon Missions to be featured on the leaderboard. Their scores will determine the rewards,
  2. The non-fungible tokens in the metaverse are spaceships, moons, planets, weapons, etc. You can sell these NFTs in the marketplace at a profit.

Roadmap

The Space Falcon team has already launched many features in Q1 2022. The team intends to undertake the following in Q2 2022:

  • NFT auctions for story-mode assets
  • A web-based multiplayer game that can be played on the browser
  • Initial play-to-earn reward mechanism
  • Integration of architecture for custom map creation

Q3 2022:

  • Launch the Unreal/Unity version of the game
  • P2E monetization
  • Battle Royale mode
  • Regional multiplayer server set up

$4 Million private fundraising round

Space Falcon, in early 2022 raised $4 million to revolutionize traditional gaming with blockchain technology. The funding round attracted notable investors in Blockchain, Web 3, and metaverse. Some of the biggest contributors include Solar Eco Fund Partners, Momentum 6, Maven Capital, Magnus Capital, Lavender Capital, and OKEx Blockdream Ventures. The company has also entered into strategic partnerships with teams in the DeFi space and metaverse such as Olice, Raydium, Roseon Finance, and Cyclos to help grow the Solana ecosystem.

Wrapping up

The metaverse is still in its early stages; we still have room for development and innovation. Space Falcon is also in the early stages, but the team has delivered a solid project. With a clear roadmap and solid development team on board, we are excited to see the future growth of Space Falcon.

Have an early-stage blockchain startup or even an idea for one without a team? Momentum 6 is an early-stage fund focused primarily on decentralized finance, Web 3.0, gaming and metaverse, and NFTs.

Incubation (M6 Labs)

• We leverage our deep knowledge of blockchain and past experiences building successful startups to build market-leading companies. Submit your idea or startup for incubation here.

Investment (M6 Ventures)

• We have successfully invested in over 130+ blockchain startups. Our diverse portfolio shows that we have positioned ourselves as one of the leading investment firms.

Research (M6 Labs)

• We use our unique approach and analysis to produce quality research surrounding industry trends and opportunities: https://t.me/M6bullets.

Portfolio (135+ Projects)

Managing Partner: Garlam Won

Head of Labs: Kadeem Clarke

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Kadeem Clarke
Momentum 6

Growth Lead @ dlcBTC | Crypto Writer | Web 3 Investor | Car Enthusiast