Purpose: Dive into Crabada - game mechanics + differentiation from other P&E games

🔈 Speakers

Host:

Nico Vereecke - Metacast Host @ Naavik, Investor @ BITKRAFT Ventures

Guests:

🌅 Origin of the Team + Game

• Founders were originally working on early DeFi use-cases in 2016, experience in development and tokenomics
• Have focused on bringing on game developers + designers to balance out team
• Tender has been a long-time gamer; loved many Blizzard titles
• Crabada launched in middle of Nov 2021 at ~1000 players, currently >2000 players mid-January 2022
• Chose Avalanche because wanted first game to be completely on-chain, Ava devs are shipping on time, low-gas costs b/c of subnets, and felt like similar innovative strength as the early Ethereum community

↔️ Composability (within Avalanche)

• Excited about bottom-up composability within gaming, but needs more use-cases
• Built API’s to easily publish crab NFT’s DNA - have seen lots of tooling built on top of IP already

🦀 What is Crabada ?

Fully on-chain idle game played with a team of 3 NFT crabs - 2 current game modes:

1. Mining : Send crabs for ~4 hours to hunt for treasure
2. Looting : Pseudo-PvP mode to battle crabs that are currently mining
   • More time-intensive + no guarantee for winning = more risk

Token Ecosystem:

Three ERC-20 token

1. CRA : Governance token - given as reward for playing, can also be staked for CRAM
2. CRAM : Spent on in-game utility, e.g. increase # of crab teams you’re playing with
3. TUS : Main reward currency earned from Mining and Looting, also the currency for Crabada marketplace

One ERC-721 Crab token

1. Different class, species, and faction

⚖️ Token Balancing

• By keeping a treasury of TUS, Crabada has more ability to monitor and regulate a growing game economy w/ liquidity
  • e.g. when TUS has positive price action, shows more players are purchasing new Crabada’s
• Games with more complex economies such as Crabada bring in different player archetypes that will gamify the financial layer → more robust participation in game + more need for balancing