Abstract
NFTs were a niche when they started off but now have transformed into a viable solution to solve multi-industry problems. GameFi has created opportunities for both game developers as well as regular, everyday players because now, people can earn rewards that have real-world value by utilizing their gaming skills.
However, the point of entry to the space was segregated to only a few who knew about it. Moreover, it is hard for an average individual to understand how Play-to-Earn actually works and how they can leverage it properly. In reality, the doors to the sector are largely closed and we decided that it was time to kick it wide open for everyone. And with that, we introduce Bounty Temple, a fun and challenging NFT Play-to-Earn gaming platform with something for everyone.
Sustainable Game Economy
One of the major issues with GameFi as a whole is that creating a sustainable game economy is difficult. A simple reward system may work initially but fails to deliver stability when you try to scale. Here, when a gaming platform encounters high user volumes, the tokenomics crumbles. One of the reasons behind this is a lack of or ineffective inflation control and token flow. To mitigate this, tokenomics has to always limit how many tokens are circulated at a given time. If the inflation is high then there has to be a way to take some tokens out of supply.
Bounty Temple solves this issue with an innovative feature called as the “Weather Effect” that controls the inflation of the platform’s reward tokens through minting and burning.
2. User engagement where users are directly involved in their progress
Immersive engagement is one of the primary factors that attract users to a game and also creates appeal in the gameplay. Psychologically human beings prefer control over passivity. While spontaneity is key to building interest, it is not enough to keep users interested. For that, there has to be user engagement. Similarly, NFTs are not just for show but also for utility. While it is okay to monetize NFTs to bring in volume to a game, there has to be some kind of utility for each NFT if it is to be sustainable.
Bounty Temple not only lets users buy, sell, and use NFTs within its ecosystem, it also allows them to craft their own NFTs and include them in the gameplay directly. This creates solid utility for the NFTs where each user can craft their own slot machines, which have a limited number of spins, and get power-ups if they want to use it again.
3. Strategic Gameplay and roleplay
Bounty Temple is a simple and fun-to-play arcade-style game built for everyone that can access the internet. However, it is more than just a slot game. You can go head-to-head with other players such as friends or strangers on the network. Players can create villages, attack other players, defend against hostile attacks, and loot other villages in exciting and immersive gameplay.
The immersive gameplay, coupled with the reward earning system and tokenomics makes for a complete play-to-earn experience. Furthermore, Bounty Temple solves one of the inherent problems of current P2E games. Games that have complex strategies and gameplay experiences often lose the public interest after a while. While the strategy can be fun for gamers, overcomplicating it can be quite damaging. Bounty Temple takes this to heart and has created a game where anyone from all walks of life can play and earn with ease.
Mission
To create a sustainable and fun-to-play blockchain gaming economy where users of all walks of life can participate and earn tokenized rewards while having fun at the same time.
Vision
GameFi has been segregated to a select few, even though the whole purpose and motive behind decentralized gaming is to promote adoption and simplify the point of entry. We plan on changing that by creating a simple yet fun game for players to have fun and earn.
Last updated
Was this helpful?