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Tezos’ First Real-Time Strategy Gaming Platform ‘Tezotopia’ Combines NFTs With Yield Farming Economics

The first real-time strategy gaming platform on Tezos called ‘Tezotopia’ is to combine NFTs with yield farming economics.

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Tezotopia

Tezotopia is a Tezos-based Real-Time Strategy (RTS) gaming platform that allows players to acquire land, items and resource utilities. All the items in the game, including the blocks of land, are registered on the Tezos blockchain as NFTs.

Once you’ve acquired land and certain utilities, you start producing resources. These resources can be used to build more items and utilities, or they can be traded.

There is also an option that players can opt in on, that allows you to start wars and battles.

Tezotopia is developed by Gif.Games,  a developers team that combines NFT’s and dApps to make fun and interactive worlds where users can collect, earn, and build new virtual worlds.

Gif.Games started out building microgames on Ethereum and decided to continue building on Tezos instead. They considered an Ethereum layer 2, but were attracted to Tezos because of the community, early growth, and current upward momentum.

“Jump in early when things are starting to spring up.”

Presale of territory

Before the functional Tezotopia dApp launches, there will be a presale of 301 NFT blocks of land. These blocks will be auctioned at Kalamint in a Dutch style auction.

This means that the price starts high and will be lowered automatically until someone will buy the auctioned block. So once you bid, you buy. The longer you wait, the lower the price. But waiting will also increase the risk that someone else will buy the block instead.

The first block will be auctioned on May the 4th at 10am ET. The price will start at 100,000 XTZ and will drop a full 1,000 XTZ per hour.

“The price will drop each hour by 1,000 Tezos for nine hours each day until it reaches a price of 1,000 XTZ.” The minimum price for genesis block will be 1,000 XTZ.

Once the price has dropped to this level, it will remain unsold until someone acquires it for that price. 

“Once the price discovery of the Genesis Block is finished, and Block 00 has been acquired, 3 blocks will be minted each day until there are 301 Tezotops in existence.”

The blocks are called Tezotops and each of the first 301 Tezotops will come with different attributes and characteristics added. When the full functional dApp launches, these properties will enable the owner to produce unique assets.

This, including what else the user chooses to build on his, or her Tezotop, will give value to the Tezotop. The first block to be sold will be the Genesis block.

The first blocks will come with the most attributes, which means that:

“early blocks closest to the Genesis Block will be the most attribute rich and valuable of territories. These initial blocks will be the richest in “natural” virtual resources, allowing early adopters to maximize profits as they develop assets on their territory.” 

Game

The 301 blocks that are auctioned are only the beginning of the land. Players will also be able to buy more blocks later. Once acquired, you can start building on your land and add attributes with a variety of functions. Early adopters are expected to get the sweeter deals though.

“Tezotopia Dapp will allow people to acquire land, build buildings, resource mines, different assets that will produce more Energy stores to create more buildings.

The idea is to create an ongoing Real Time Strategy (RTS) game that’s built as a dapp and utilizes NFT’s to acquire the items that form the game. There will be a Tezotopia Governance Token to vote for Tezotopian proposals. XTZ will be used to buy items and land.”

As you might have noticed now, Tezotopia is not just a fun game, there are interesting financial incentives involved that could make this game worth your time.

Acquire land and utilities that produce resources with value for the game is basically like a form of yield farming with an attractive user interface. Buy a utility that produces value, and then use that value to buy more of that utility to produce more value.

To enable trading of game assets, there will be a marketplace built on the platform.

Competitive factor

Besides building an empire, players can also opt in to participate in more serious game play. Players can choose to form alliances and go to war. In these battles, players can even conquer (or lose) Tezotops and other items.

This means that these could be high stake games. More details about this gameplay will follow later.

It is however only possible to lose Tezotops and other items if you choose to opt in on the wars. You can also choose to stay neutral and just collect and trade territory, build on your world and sell resources or assets.

More will be announced about the gameplay and possibilities later.

Governance

The game will have a governance token. Initially that would be the $TQLA token, which would have been launched this month. But that got postponed. At launch another governance token will be introduced. 

This will be used to make decisions about the game and certain rules. The current amount of Tezotop blocks is uncapped for example. That could be changed through governance.

NFT Collectibles

There are also some NFT collectible characters being released by Gif.Games on Kalamint:

Although right now these are just ‘NFT Collectibles’, it is expected at some point they will be connected to the game.

“Right now just artwork but if that same wallet that holds one of these collectibles connects their wallet to the dapp when it launches, they shouldn’t be surprised if they have a gift waiting for them.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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