A key aspect of designing a GameFi project is its inflation design and overall sustainability. This considers both product quality and the best practice possible to balance the sinks and faucets in the value flow of the game. Over the past years, web3 projects tinkered with their model with methods like selling ultra-rare collectables and reserving buffers in the treasury design.
In order to build an innovative project, the ArchLoot team has been observing how users spend their time, especially a long period of time in traditional games and on web3 products; and also, how a product encourages users to participate in an ecosystem besides the market circle.
This is how the monthly pass system kicks off.
Be an Adventurer, a Goblin or a Collector
Speaking of a larger web3 game product user base, the fundamental essence is to lower the barrier to entering the game. But to constantly incentivise active gamers, the product must comprise competitive yet not abusive rewarding mechanisms. That is the instinct that drives the team to build a tier-based economic system. Building on the insistence to make ArchLoot free-to-play, the team devised a monthly pass system to maintain dynamic control over the production and distribution of substantial assets and resources. It comprises three types of passes, all materialized as NFTs, that separate four groups of gamers.
First thing first, ArchLoot allows everyone to enter without any investment. Gamers can log in with emails and get a free resource package at their first launch. After having started the journey, gamers will be about to choose which path they’d like to embark on: holding no pass at all, holding an Adventurer Pass, a Goblin Pass, or a Collector Pass. That is where your earning rewards would be differentiated.
Holding an Adventurer Pass unlocks the entry-level perks in the game and enables players to earn the utility token $ALG in the game. A Goblin Pass allows the gamer to earn extra $ALG rewards by tasks and grab NFT body parts from chests. A Collector Pass indulges you to gamble your chance of winning rarer NFTs from chests, with more free chest opening chances and higher drop rates. Undoubtedly, you can always be a free-to-play gamer who can get in-game resources from chests, without any token or NFT reward.
ArchLoot game provides 4 separate rewards pools which contain in-game resources, $ALG and NFTs respectively to each type of gamer. In doing so, the total production and consumption of vital substances in the ecosystem are factually maintained without damaging all the fun. The system ensures a healthy circle that provides proper rewards to gamers backed by real value and recurring activities in the game.
Free Mint Before the Open Beta Test
The first batch of Adventurer Passes will be given away by a limited whitelist event, giving priority access to early community contributors before making it available to the general public. As officially announced, this series of events will benefit token holders, participants of the third phase of the Closed Beta Test, which includes community members of its guild partners and ecosystem partners, as well as those who would currently like to join community building. Free mint will only be open for 48 hours after February 23, 2 AM UTC. A total of 2,000 free mint spots are available. Each pass will be valid for one calendar month.
Jonathan Ubavicius, CEO of ArchLoot, said, “The Monthly Pass System helps structurize the in-game economy. All three types of passes will bring exceptional gaming experiences and rewards accordingly. At the moment, we focus on giving back value to early members as well as those who join us at this critical stage to contribute by giving away Adventurer Passes. There are more exciting events during the Open Beta Test.”
The Open Beta Test can be expected soon on February 28.
About ArchLoot
Launched in 2022, ArchLoot is an NFT-based UGC game with loot-style composability and playability. Built on BNB Chain, it provides the first interactive gameplay in the industry, which fully enables on-chain implementation of upgradeable characters/props NFTs and unleashes its potential for playability and user-generated content robustness. The game intends to build an ecosystem, including a great game and a creative community, that truly achieves a balance between playability, accessibility, and profitability.
Gathering talents from the world’s leading gaming publishers, blockchain projects, and financial elites, the team now has 40 experienced members and is currently operating across continents. The project has been expanding its network of investors and collaborations, including Binance NFT, FBG Capital, Alphabet, and YGG SEA to keep fully funded operations and deliver milestone objectives.
Official website: www.archloot.com
News contact: contact@archloot.com
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Website: www.archloot.com