Announcing our Partnership with Genopets: The World’s First Move-to-Earn NFT Game, Built on Solana
With play-to-earn games taking the cryptoverse by storm, Genopets takes things a step further by integrating real world activity in their new game.
About the Project
Genopets is the world’s first Free-to-Play, Move-to-Earn NFT game on Solana that makes it fun and rewarding to live an active lifestyle. Genopets combines user’s step data from their mobile device with blockchain Play-to-Earn economics so players can earn crypto for taking action in real life as they explore the Genoverse evolving and battling their Genopet. Play-to-Earn games have taken the crypto space by storm in recent months with titles like Axie Infinity becoming a viable source of living wages in developing countries. Genopets elevates this with the integration of movement data to encourage an active lifestyle while allowing players to earn XP in game.
Genopets has implemented a dual earning economy, affording players free-to-play opportunities in addition to pay-to-play options.
WIth their free-to-play economy, players can earn income from sales of their Genopet NFTs. With pay-to-play, players earn income from sales of NFTs, by earning $KI for daily activity, and selling in-game items.
The Genoverse comes with two tokens used by the platform:
- $GENE: A fungible governance and staking token. $GENE holders vote on the future of gameplay and can stake their tokens to earn rewards.
- $KI: A fungible in-game reward token that is earned by purchasing a Habitat in the Genoverse. $KI is used for Genopet evolutions, Habitat building, and battling.
The Genoverse is also comprised of several non-fungible tokens (NFTs):
- Genopets can be evolved and upgraded in the game. It is free to mint a Genopet, ensuring that the game remains accessible to a large audience of players, and the NFTs increase in value as they are upgraded and gain XP.
- Refined Crystals are NFTs that are crafted in-game through a Habitat Lab. They are used to modify your Genopets.
- Habitats are where Genopets live and are evolved. They can be purchased with $GENE, $KI, and Crystals. With a Habitat, players can craft Crystals and earn $KI.
Behind our Partnership
In recent months, we have seen blockchain and cryptocurrency begin to vastly transform the gaming industry. WWVentures believes that crypto-based play-to-earn mechanics are the future of gaming, and we are thrilled to partner with Genopets as they embark on the journey to revolutionize how players incorporate real world activity with gaming.
- Adam Haklili, WWVentures Founding Partner
The team behind Genopets has a strong background in software development and blockchain engineering. Paired with a community of world-class gamers and thousands of gaming enthusiasts, Genopets stands to make waves in the cryptoverse and make move-to-earn, NFTs, and play-to-earn economics to the forefront of the gaming industry. You can read more about Genopets in their Whitepaper, and join their Discord for opportunities to participate in community events.
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DISCLAIMER: Content in this article does not constitute financial advice. Cryptocurrencies are volatile assets. Always do your own research and invest at your own risk.