How to Limit Whale Activity for Each Landowner
The crypto market is constantly evolving and introducing new concepts. Currently, the crypto market is buzzing with talk about NFTs and play-to-earn games. These games have become mainstream in recent years, becoming a crucial part of virtually every metaverse. Most of these platforms also use their cryptocurrency to compensate gamers for their efforts. Certainly, the possibility of earning real-world currency is one of the main reasons why play-to-earn games have skyrocketed in popularity. Another reason is the ability to create or trade NFTs that can become profitable assets.
In essence, Non-Fungible Tokens are certificates of ownership for digital goods made in limited quantities. In games, these can be items, collectibles, and avatars. With NFTs, players can own in-game items independently of a game’s developer. NFT Items purchased and earned on the NFT blockchain can also be utilized in other games.
However, as rewarding as play-to-earn games might be, they are not without challenges; whale activity is a major concern across the crypto and NFT space.
Who are whales?
A whale is a term used in the cryptocurrency industry to describe individuals or organizations who hold significant quantities of cryptocurrency. Whales typically have enough cryptocurrencies to be able to control currency values and are extremely prevalent these days, especially when it comes to Bitcoin, the most valuable cryptocurrency. What makes whales so important is that, like other major asset holders, their actions have a disproportionate impact on the cryptocurrency markets, either through higher volatility, decreased liquidity, or a combination of the two.
Governments typically impose regulations in traditional financial markets to avoid the concentration of too much power in the hands of a small number of institutions or people. However, because crypto markets are mostly unregulated in most parts of the world, a small number of crypto-savvy players have made billions. This also applies to blockchain-based games, where most games have no specific regulations regarding whales.
Analyzing the distribution of token holders is critical for determining whether a token’s supply is evenly distributed or if a few wallets hold the majority of the supply. Certainly, a concentration in a few wallets could result in a sell-off, lowering the asset’s value. For blockchain gamers, this also means lesser value for their rewards.
But that’s about to change thanks to ManuFactory, the newest game in the NFT space that’s taking the world by storm.
What is ManuFactory?
Running on Binance Smart Chain and Aurora, ManuFactory is a cross-chain construction and management simulation game combining resource gathering, strategic, and survival elements. Aiming to create the perfect balance between fun and rewards, ManuFactory is opting to follow the play-and-earn model instead of sticking to the usual approach. Its main focus is on ensuring an enjoyable gameplay experience for players while still earning rewards and values.
In the game, players will assume the role of an Engineer to fight monsters, develop defenses, collect minerals, and automate processes. ManuFactory’s entire premise is the creation of a universe in which players can not only play with their friends but also earn rewards together. They will have several options of NFTs to gather, collect and utilize in the form of the lands with available resources, weapons, mining tools, and machinery to optimize and automate their mining efforts.
Buy Lands and Earn Rewards with ManuFactory!
Lands are the game’s most important feature, as they allow players to gain perks and rewards. Users can construct lands and discover resources to set up automation processes and defenses in the game. There will be three different types of Lands in the game — Ashen Lands, Fallen Lands, and Harvest Enterprise Lands — and players will be randomly assigned to each Land through Land Treasure Chests. Each type of Land has its own set of characteristics and levels of difficulty.
Players must typically defend their Lands from parasite creatures; this serves as the foundation for the game’s play-and-earn model, in which players will be paid based on their ability to defend the Lands. Users can also visit the Lands of other players and assist them in killing monsters, collecting resources, and automating processes. The game’s play-and-earn features will be governed by two tokens running on BSC. This will allow players to trade minerals found on various lands for $Factory tokens, which can then be converted into $MNFT tokens.
So what are you waiting for? ManuFactory is gearing up for its first Public Land Sale, so now is the best time to jump in. The Public Land Sale will have a total of 12000 NFT Lands available and will take place on the 19th of April.
To decrease whale activity for each landowner and make opportunities equally available for all gamers, ManuFactory has set a hard cap of only 3 Lands per wallet. The Lands will also only be available on a first-come, first-served basis. By implementing such a model, crypto whales using bots would find it difficult or impossible to grab a large portion of the NFTs. No doubt, setting such purchase limitations and verifying gamers’ identities results in a more equitable gaming economy.
Don’t miss the action. Be a part of ManuFactory today. To learn more about the game and the Public Land Sale, click here.
