PlayDapp will sell game NFTs starting from May 11th, and these will have various purposes across the future line-up of PlayDapp games and experiences. The so-called PlayDapp Town NFTs will first be usable in the online world PlayDapp Town, which will be created in the Roblox ecosystem.
The South Korean company will launch its NFT offering with 6 game characters, based on other characters in the PlayDapp ecosystem. They will sell 64,000 NFTs in three rounds. Buyers in the first round will enjoy a 20% discount, while the second round comes with a 10% discount. In the final round, there won’t be any discounts..
Players will be able to sell their NFT characters on the PlayDapp NFT Marketplace, which is currently in development. Each of the 6 characters will come in three different rarities, ranging from R to SR and SSR grade.
Players will be able to use the NFT characters purchased during the pre-sale to acquire further limited-edition special items in future PlayDapp games. There will also be a leveling up mechanic to enhance NFTs and increase their value. For example, players can combine six lower rank characters into one higher rank character.
Pre-sale details
During the pre-sale, PlayDapp will sell character packs. There will be six packs available. Buyers can acquire the packs using ETH or PayPal. In South Korea, buyers can only use the local Paycoin service. A seventh pack will be distributed for free during the promotion of the third and final pre-sale event.
On the Polygon blockchain, players can find all rarities of characters, however, on Ethereum only the rarest category (SSR grade) will exist. In total there will be 5,284 SSR characters, which equals 8,25% of the total supply of 64,000 characters sold during the pre-sale. However, there will be only 15,000 SSR characters in total, which is just 1% of the total supply of 1,5 million characters.
It’s currently not yet possible to swap an SSR-graded character from Ethereum to Polygon or the other way around. PlayDapp is planning to open this bridging function somewhere around June or July 2021.
NFT market in 2021 so far
During the first three months of 2021, the NFT market has seen tremendous growth. This market segment was responsible for $1,5 billion in trading volume, driven by projects like NBA Top Shot, CryptoPunks, and Rarible. The one thing that all these NFT projects have in common, is that their NFTs are static. They are collectibles.
Gaming is seen as an interesting use case for NFTs because it gives the technology usability across one or multiple applications. A digital sword doesn’t only look nice as a trophy on the wall of a virtual home inside Decentraland or Cryptovoxels, but it’s also very useful to slay monsters in a role-playing game.
The name of PlayDapp isn’t unfamiliar. They’re among one of the oldest studios making blockchain-powered games. CryptoDozer was their breakthrough game, while PlayDapp Town and their NFT marketplace need to move their ecosystem into a wider metaverse.
