Hatching soon: The Cryptonites of OWN!
OWN is a cryptoverse where people can have fun & earn with their favourite cryptos without any FUD. To achieve this, we have personified the real world cryptos into different alien creatures. These “crypto creatures” are the native species of the OWN cryptoverse and we are calling them Cryptonites.
So, at OWN we are converting “crypto FTs” into NFTs. Each Cryptonite will be an NFT that is visually unique & possesses unique powers. This creates an interesting dimension where people can connect with their favorite crypto coins in a deeper manner — Also, Collect them, Play with them and Earn!
We have elaborated our thought process behind the same in our last blog. Do check it out!
Now, let’s talk about OWN cryptoverse in more detail…
NFT Crypto-Clans
In the OWN cryptoverse variety of crypto coins and tokens will take living form and co-exist with each other.
Each Crypto Clan represents one crypto coin or token. For example, one Clan will have creatures that represent properties of Bitcoin, while some other Clan will impersonate Ethereum.
NFT Release Cycle
In phase 1, the platform will release Creatures from 12 Crypto-Clans. Over the period of time, we will see all of the 42 Clans coming to life.
One of the missions of OWN is to build a space that is driven by the community from the early stages of the project. Therefore, out of 12 genesis NFT Clans, the OWN team will decide the first 8 Clans. While rest of the 4 Clans will be decided by the community via voting.
Once the game is launched, every quarter creatures from 3 new Crypto Clans will be released every quarter. And as you rightly guessed, coins/tokens behind these new Clans will be also decided by community voting.
Apart from this, when we reach the currently set upper limit of 42, the decision of featuring more new crypto coins in the universe will lie in the hands of the community only. 🙂
Parameters for the choice of Coins/Tokens
So the framework lies on 3 pillars:
- Market Capitalization
- Popularity
- Volatility
Market Capitalization
Weightage: 50%
This is the most important criteria for coin selection. This will ensure that only trusted coins and tokens get life on the platform.
Popularity
Weightage: 25%
It is important to have coins that a larger number of people are aware of. This will give a higher recall and sense of familiarity.
For example, the popularity of coins between Infra layer vs coins in Defi space vs coins in Metaverse space — For a common consumer, metaverse coin might have more recall as compared to niche infra layer coins.
We would also like to take into account the strength of the community backing the particular coin (project). Coins with a larger fan following will draw more people to our platform.
Volatility
Weightage: 25%
Crypto markets have been in general very volatile. Hence, we have decided to choose coins that are in a similar volatility range for the initial release.
During the crypto fantasy gameplay, this will ensure that holder of particular Clans of NFTs has an unfair advantage.
Well, our community might decide to spice up things by voting for high volatility coins in the future! Who knows!
Next in line
Over the period of next few weeks, we will be sharing more details about the project:
“Which are these ‘team-selected’ 8 Crypto Clans?”
“What’s the story of these Cryptonites?”
“How many NFTs of each Crypto Family will be released?”
“Which NFTs are rare? Which are common ones?”
And more…..
There is a lot more to be unfolded! —
Interesting stories of Cryptonites, nitty gritties of the tokenomics & gripping gameplay! 👀 👀 👀
So Come on, join us on our Discord and get a sneak peek into our game development.
Also, a lot of community projects are also in the pipeline, in case anyone is interested to contribute. You can reach out to me at: akhil@oneworldnation.game
We are constantly upgrading our website with more content. Go, check it out! : www.oneworldnation.game
