Experts have already identified this year 2022 as the period of game finance (GameFi)  development and metaverse popularization. And if projects manage to successfully combine these two areas by offering simple and clear mechanics for managing and multiplying finances, then such companies immediately draw the attention of investors and users. One such project could be the Bot Planet ecosystem combining DeFi, GameFi and Play-To-Earn gaming solutions on one platform. How the company turns modern financial technologies into an exciting game is considered below.

Manage and earn: new opportunities with Bot Planet

The Bot Planet ecosystem unites various projects, including a lottery, Play-To-Earn game, and native series of non-fungible tokens (NFT). As of now the company is focused on the development and launch of a cross-platform wallet and a decentralized exchange (DEX), where each user can not only buy and sell cryptocurrencies, but also earn on staking and yield farming.

“Nowadays many companies are launching native wallets with a limited number of functions and one or more blockchains support. We went further and developed a cross-platform wallet enabling to store and manage fiat and cryptocurrencies”, the company explained.

In fact, the new wallet will be a single storage for all finances. Сryptocurrency holders will be able to securely store and pay for goods and services in cryptocurrencies.The wallet automatically converts cryptocurrencies into fiat money and also allows you to quickly transfer funds to other wallets or add funds to a bank card. Bot Planet also intends to issue a BOT Visa debit card, linked to the wallet. The card holders will be able to quickly and conveniently pay for goods anywhere using payment terminals with a card reader.

“Our next product will be BOTSwap Decentralized Exchange, based on the P2P platform principles. All transactions occur directly between users, our company offers only a platform for transactions”, Bot Planet representatives explained.

To exchange one cryptocurrency for another, users will have to submit an order and wait for another user to reply. Then, the exchange is made according to stipulated terms. Going forward, BOTSwap will offer other popular ways to make money, such as yield farming and staking.

“We will launch a special staking and farming program for native BOT tokens, so all asset holders would be able not only to get involved in the platform development and pay for internal ecosystem services, but also receive passive income”, the company commented.

The wallet and DEX triggering is scheduled for the first and third quarters of this year.

Game tools from Bot Planet

GameFi will be another trend for ecosystem development. Bot Planet developers are working on the launch of a blockchain lottery and Play-To-Earn game. These two products will allow users to earn BOT tokens and other cryptocurrencies by completing levels in a new computer game.

“BOTLottery is an additional service to get a chance to win big and provides the system with an additional deflationary mechanism. The user buys a digital lottery ticket in the system, then the smart contract generates a random four-digit code, where each figure has a value from 1 to 14. Once generated, the code is sent to users for matching. If the numbering in the ticket and in the code is the same, the user is considered the winner, and users who match the first 2, 3 or 4 numbers will also receive a guaranteed reward”, the company explained.

The next step towards using GameFi solutions will be the launch of a Play-To-Earn game that will be inextricably linked with NFT tokens. As the developers explained, BOT GAME V 0.1 will be a card game where NFT token figures will be the main characters. With BOT tokens users can join the game, compete against opponents and earn cryptocurrency.

“As for now, we are finalizing the NFT collection and will reveal it soon. And in the second quarter of 2022, we plan to introduce a marketplace where users can purchase tokens”, the company says.

The game demo version will be offered this year and its release is scheduled for the first half of 2022.

Review

This year 2022 promises to be generous with new metaverses and GameFi projects that will turn a boring money-making activity into an exciting game. The Bot Planet ecosystem offers ready-made solutions for earning money using game mechanics and allows users to earn passive income from staking and yield farming.

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In 2021, many smart contract platforms competed for users’ attention and attempted to be the next Ethereum killer. The terms DeFi, GameFi, and NFT, have been all over the media lately, and any of these would not be possible without smart contracts. As more smart contract platforms are introduced, it becomes hard for newcomers to choose which is right for them. This article will examine some of the most popular smart contract platforms and share our hands-on experience with them.

Ethereum

Token: ETH

TPS: 10

Ethereum is the world’s first smart contract platform. Developers create decentralized applications (dApps) on the Ethereum Virtual Machine (EVM) with an object-oriented programming language called solidity. Users can interact with dApps that operate autonomously. Since Ethereum is the first smart-contract-enabled blockchain platform, it has a lot of active developers and has the most Total Value Locked (TVL) in DeFi as far as blockchains are concerned. However, despite being the most popular smart contract platform, it still has a few downsides that make us try to stay away from it when possible. One drawback is the slow transaction speed since Ethereum can only process around 10 transactions per second (TPS). The other problem is the hefty transaction fee it charges when the network is busy, in which the fee may sometimes cost more than the transaction per se.

Binance Smart Chain

Token: BNB

TPS: 60

Binance Smart Chain (BSC) is a smart contract blockchain that is fully compatible with the EVM, so developers can leverage existing tools to write dApps without having to learn an entirely new language. In addition, the increase in transaction speed compared to Ethereum is welcoming. BSC started to gain traction earlier last year, it forked a lot of Ethereum projects that bootstrapped the entire ecosystem, and in the latter part of last year, we see GameFi booms on BSC. One most notable concern that many community members have is the centralization of the Binance chain since Binance is a centralized exchange, and most of its validators are connected to Binance. Nonetheless, BSC has a unique and strategic position in the entire crypto ecosystem.

Avalanche

Token: AVAX

TPS: 4,500

Avalanche is an open-source platform for launching DeFi applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first smart contract platform that confirms transactions in under one second with finality on every block. It provides a new consensus mechanism with an adaptable platform optimized for enterprise adoption and developer needs while solving the challenging problems of scaling and security. The AVAX rush incentive plan also ignited the whole Avalanche ecosystem last year, with large price swings in the latter half of the year. We miss the low transaction fees that Avalanche offered at the very start. Another concern we have is their failure to keep up to date with various promises such as burning the foundation’s staking rewards and the introduction of feeless transactions. If Avalanche could significantly reduce its fees and improve communication while keeping its promises, it’s still a smart contract platform worth keeping an eye on.

Solana

Token: SOL

TPS: 2,000

Solana is a high-performance open-source blockchain. It provides a platform for dApps and next-generation protocols. With its Proof of History (PoH) consensus mechanism, the Solana blockchain allows for breakneck transaction speeds, claiming to scale to over 50,000 TPS on an open network, which is said to be possible due to Solana’s novel approach.This deterministic checkpointing mechanism that is used in place of synchronous consensus. However, Solana’s actual TPS is around 2,000, with more than 3/4 of these transactions being vote transactions. The seemingly inflated TPS widely promoted to the public might reflect the questionable design of the Solana platform. Even though it was once regarded as a crypto rising star, with its six blockchain outages happening in the last month alone, Solana is facing fundamental questions about its network stability, as well as the ability to maintain itself as a Wall Street darling.

TRON

Token: TRX

TPS: 2,000

TRON is an innovative open-source blockchain that focuses on providing a cost-effective settlement solution with the ultimate goal of decentralizing the internet. The high level of scalability offered by the system and its mandate for low costs are attractive propositions for those considering taking their first step into the crypto world. Since last April, the amount of Tether USDT on TRON has surpassed Ethereum to become the No.1 worldwide. TRON became the preferred blockchain for many when transferring and converting stablecoins because of its low fees. The TRON network’s increasing dApps and NFT projects also attracted many new users from other blockchains. However, we noticed that newcomers sometimes brought up the concept of bandwidth and energy on the TRON network. Although understanding bandwidth and energy is not necessary to make a transaction, users should be encouraged to look into them as utilizing these resources by staking a certain amount of TRX would enable one to send transactions or interact with smart contracts for free.

Throughout last year, we saw many smart contract platforms rising to compete with Ethereum, and each of them has its pros and cons. There is an incredibly increasing demand for a good smart contract platform, and every platform will eventually have its place in the ecosystem. Investors, users, and developers should take a closer look at each of these blockchains and pick the one that matches their needs best.

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The internet has provided a remarkable stage for creativity and innovation. However, there is a problem: conventional content creators are not appropriately compensated for their efforts. Despite its best efforts to propel artists to new heights, the level of competition is so high that creators have little room to expand efficiently. The oversupply of content and creators has annihilated the whole Web 2 universe.

Though things are beginning to change, and there is light at the end of the tunnel. Blockchain, and in particular NFTs, are paving the way for content creators to enter the Web 3 universe. These tokens are powering the new creator economy of the future.  NFTs are giving content creators more autonomy on monetization and content rights, therefore enabling them to maximize their earnings.

The Rising Trend Towards Creator NFTs

NFTs have grown at a breakneck pace in the last year. According to DappRadar’s NFT marketplace tracker, the total NFT 30-day trading volume for the top five markets reached more than $2.8 billion in 2021. Although these tokens have been touted for a long time, the trend has been shifting every few months. At first, NFTs were dominated by sports highlights and trade cards, and GIF-animated artwork. Then came the trend for digital collectibles and this year NFT-linked craze has started with movies, music, fashion, virtual property, gaming assets, avatars, virtual pets…

Even though there are exceptional discoveries in the ecosystem, one area of NFT utilities is slowly emerging which is the NFT powered creator economy. Content creators are the new audience that is now utilizing NFTs as a means to create and market their skills. From video to music, all these niche creators are now employing NFTs from their content plans.

Solving Key Problems with Digital Content

Digital content is the most consumed content type. Facebook, Instagram, and Twitter have made fortunes leveraging this idea of digitized content. Yet, there is one issue with this sort of content i.e, it can easily be replicated, especially on open platforms. In fact, this has been observed across all major content channels, with people plagiarizing the same content across the board.

Presently, NFTs are solving these issues by identifying the source digital item, making a finite number of duplicates from that source, and uniquely tracking each replica. And, an account or wallet that owns a specific numbered replica will know how many other similar replicas were created, allowing it to estimate the relative rarity. For example, if there is replica #107 out of 5000 total generated, it implies only 4999 other people in the globe have a registered clone of the material. This allows improving content integrity even further.

Furthermore, NFTs are resolving the secondary sales conundrum, in which third-party sellers have been traditionally able to profit from selling items and content at the expense of the original content providers. Ultimately, these tokens are solving every problem that a creator has been facing in the Web 2 world. In fact, many NFT projects are providing various utilities to create a better future for the creator economy. Some projects are going way beyond imagination providing creators all the support needed to grow their brand.

MetaKawn is one such project creating a direct relationship between content creators and their audience. The platform is providing direct funding of the content creator’s projects from the community instead of relying on social media platforms and sponsorships along with lifetime royalties on copyrights ownership.

To spice things up, the project will be based on Islamic societal ideals promoting equality, fairness, solidarity, and freedom of choice. It will promote a brotherly mindset by giving content producers tools and a network to aid one another, as well as by promoting them for sharing their creations. The project will make its debut with its Huffaz NFT collection, which will include utilities within its ecosystem. It will represent modern Muslims from different and various communities, with a primary focus on gender equality.

NFT Powered Creator Economy is the Future

NFTs are one of the greatest inventions and their lasting strength stems from the fact that it addresses problems for creators, users, and distributors alike by offering immutable provenance, real content ownership, and conditional constraints. By connecting content domains with crypto marketplaces, they are laying the groundwork for a thriving creator economy. NFTs are more likely to represent the future of content than a passing fad. The technology inspires content producers, improves networks and markets, and, most crucially, empowers customers and fan communities.

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As the digital asset space grows, new use cases are found for blockchain, the technology behind this investment class. One of the most popular ways this technology has been used lately is with NFTs.

These tokens have become incredibly desirable, with almost $41 billion being spent on the NFT marketplaces in 2021 alone.

The NFT craze continues on its non-stop upwards trajectory as Discovery Inc. throws its hats into the ring with their own collection for the Puppy Bowl, a companion event to the Super Bowl where puppies play football.

Each Puppy Bowl NFT has a distinct design that includes visual tributes to the Puppy Bowl. A portion of the proceeds made from the NFTs will be going to the Orange Twins Rescue, an animal rescue organization founded by mega pop star Ariana Grande and brothers Scott and Brian Nicholson.

More on the Puppy Bowl NFT Collection

The NFT collection consists of 23 exclusive NFTs, and prices range from $20 to $500 per digital playing card. The NFTs also run on a proof-of-stake blockchain to reduce the tokens’ carbon footprint.

The drops are split up into four categories:

• Free Common Cards – As the name suggests, this set was free and kicked off the collection.
• Common Cards – This drop has cards that feature Moby and Dinozzo, the captains of Team Fluff and Team Ruff.
• Rare Cards – This drop has cards featuring puppies in the starting line-up. If you collect all eight puppies from Team Ruff and Team Fluff, there’s an additional bonus card you can unlock.
• Legendary Cards – This drop features virtual pets and is the rarest set. There will only be 10 of each “Fluff 2022 Cryptopuppy” and “Ruff 2022 Cryptopuppy”.

The Puppy Bowl XVIII

The Puppy Bowl has been held every year since 2005 to highlight adoptable puppies that need homes and the rescues and shelters that house them.

This year’s Puppy Bowl XVIII will have 100 adoptable dogs from 33 states playing on Team Ruff and Team Fluff. The event will be held on February 13 at 2 p.m. ET, only a few hours before the Super Bowl airs.

Where Collectors Can Get Puppy Bowl NFTs

Puppy Bowl NFTs are now available on Chronicle, a studio and NFT marketplace built for fans looking to acquire officially licensed collectibles. The platform launched in 2021 and is primed and ready to help users enter the metaverse.

With many of the world’s leading brands already using Chronicle, Puppy Bowl NFTs are sure to garner their fair share of attention from collectors looking for a fun and valuable digital asset worth owning.

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