Introduction
Nakamoto Games is an upcoming blockchain based gaming platform that allows players to explore the intersection between cryptocurrency and gaming. With Nakamoto Games, gamers can bet and win in-game items using cryptocurrency, or trade items with other players on the blockchain.
Overview
Nakamoto Games is a play-to-earn gaming platform that offers a variety of fun and addictive crypto games for players and developers. The platform uses the NAKA token as its native currency, which can be used to buy in-game items, access premium features, and participate in tournaments and prize pools. Nakamoto Games aims to create an ecosystem where gamers can enjoy playing and earning, while developers can launch and monetize their own games using the platform’s tools and SDK. Nakamoto Games is powered by the Polygon network, which ensures fast and low-cost transactions.
Nakamoto Games has a vision of bringing the benefits of blockchain and crypto to the gaming industry, which is one of the largest and fastest-growing sectors in the world. By combining the elements of entertainment, skill, and reward, Nakamoto Games hopes to attract millions of users who are looking for new and exciting ways to play and earn online. Nakamoto Games also plans to integrate NFTs and metaverse features into its platform, to create a more immersive and engaging gaming experience for its users. Nakamoto Games is not just a single game, but a whole platform of play-to-earn games that never gets boring.
Background
The Nakamoto Games platform was founded in December 2020. The whitepaper of the project was released in the second quarter of 2021. According to the whitepaper, the maximum total supply of NAKA coins is 180,000,000.
The team includes Chawalit Rugsasri (CEO), Phiriyaphong Phumphoang (COO), and Rumchawun Keeratipitayaporn (CMO).
Tokenomics
The native token of the Nakamoto protocol is NAKA.
Nakamoto Games has a current supply of 180,000,000 with 80,463,651.99999112 in circulation. The last known price of Nakamoto Games is 1.4701698 USD and is down -1.60 over the last 24 hours.
Use cases
In game currency: NAKA tokens are used as gaming credit. For example, the very first shooting game ‘Duck Hunting’ will require players to buy ammunition using NAKA tokens. Prize pools: NAKA tokens that are spent in-game are being burned or will be used for the weekly prize pools.
Where to Buy
The top cryptocurrency exchanges for trading in Nakamoto Games stock are currently Bitrue, Bitget, HTX, MEXC, and Gate.io.
How to Store
To successfully connect your wallet, please follow these simple steps:
First, make sure your wallet is connected.
Open MetaMask and sign in to your wallet.
Add the token to MetaMask.
Check that their website supports the blockchain network you’re using.
Lastly, ensure you’re using the right wallet.
Token Distribution
Salaries 2.77%
Private Round 2 10.74%
Advisors 2.78%
Private Round 1 11.11%
Team 11.11%
Player Sponsoring 8.33%
Seed Round 5.56%
Public Sale (IDO on Synapse Network) 0.15%
Angel Round 2.78%
Operational Reserves 11.11%
Game Development 5.56%
Developer Sponsoring 5.56%
P2E 22.22%
Public Sale (IDO on MoonStarter) 0.22%
Features and Functionality
- Cross Chain Compatibility: Nakamoto Games supports multiple blockchains, allowing players to seamlessly interact with different cryptocurrencies and assets. This cross-chain compatibility enhances accessibility and opens up a world of possibilities for players.
- Decentralized Governance: Nakamoto Games believes in the power of community and decentralization. Through their governance mechanism, players have a say in the development and direction of the platform. This democratic approach ensures that the community’s voice is heard, fostering a sense of ownership and engagement.
- Play to Earn: Nakamoto Games introduces the concept of play-to-earn, allowing players to earn cryptocurrencies and in-game assets while immersing themselves in their favorite games. Completing challenges and participating in various in-game activities can lead to valuable rewards.
Risks and Challenges
The major challenge is competition and the rate of adoption. Competition has to do with being able to stand up to the vision of the company relative to what consumers want, and what is being created by competitors. The mechanism for checking competition is not inwards and outwards.
Advantages
Conclusion
Sources:
https://www.nakamoto.games/
https://www.bitdegree.org/cryptocurrency-prices/nakamoto-games-naka-price
https://www.coinbase.com/price/nakamoto-games#:~:text=The%20native%20token%20of%20the,as%20provide%20a%20reward%20system
https://www.binance.com/en/feed/post/1085866
https://docs.nakamoto.games/naka-roadmap
