Tofycoin - A Blockchain Based Play-to-Earn (P2E) mobile 3D FPS Game Ecosystem

0 19
Avatar for Ris88
Written by
2 years ago

The Blockchain Revolutionizes Play-to-Earn (P2E) Crypto Games
The blockchain has brought with it a whole host of benefits and advantages, especially in the gaming industry. However, very few companies have taken advantage of this opportunity.

To understand how the blockchain can be used to develop Play-to-Earn (P2E) Crypto Games, we must first understand what P2E is. The value of a financial reward in a P2E game depends on your gaming experience, involvement, time spent playing the game, popularity, ratings, and, chiefly, the demand for in-game NFT assets or cryptos. In short, there are many factors that decide how much you can earn from this crypto game.

In any traditional game, the rewards are usually in-game items that can be exchanged for in-game currency or traded for other items or real money. This is a one-way street where players get rewards from their games but they cannot take back the intrinsic value of these rewards as real money. The only way they can do so is by selling them on secondary markets at a discounted price.

In today's crypto world, play-to-earn (P2E) games are gaining in popularity. The typical P2E game has its own internal crypto token with which to reward players for winning, losing, and accomplishing various feats.
Play-to-earn (P2E) crypto games are a new, emerging gaming genre in which players are rewarded for their wins and achievements with special prizes.

The tokens can be used to buy special merchandise, tournament entries, or can be traded on a secondary market for other NFTs or cryptocurrencies. Tofycoin has created an ecosystem that allows gamers and other players to earn money while playing games.

From the inside, P2E is a reward system that rewards you for participating in the game. In this way, Tofycoin is seeking to strengthen its place in the cryptosphere through a consistent and reliable platform that includes all users, not just one target audience.

What is Tofycoin?

Tofycoin is a digital currency that operates in the non-fungible token (NFT) area and can be used as a payment system in mobile, web and pc games. Tofycoin is one of the latest ecosystem leading the charge in the Play2Earn (P2E) movement, and their platform is harnessing the blockchain technology to make their business model even stronger.

By using crypto tokens to create a decentralized gaming ecosystem, Tofycoin is creating a token economy that will keep players engaged longer and encourage them to earn rewards both in and out of game.

Integrating Tofycoin into mobile, web and PC games will allow developers to earn 20% - 70% revenue from their games, depending on factors such as engagement, loyalty and success rate. It will also allow developers to use Tofycoin's technology and playable NFTs (non-fungible tokens) to engage with players on the platform.

Worion – The First FPS Game In Play To Earn $TOFY Tokens

At present, gamers usually have to choose between two alternatives when they want to play a FPS game. They either spend money on the game that will enable them to buy the best weapons, equipment and upgrades which will help them advance quickly in the game. Or, if they don't want to spend money on the game, they can use all of their time and effort trying to earn what they need in order to advance further in the game by playing it.

The Worion game provides players with an alternate option; instead of spending money or using a lot of their time trying to earn anything in the game, they can simply use Tofycoins (TOFY) as an exchange currency for all transactions that are made within the game i.e. rewards, high ranking rewards and tournaments etc. By doing this, gamers now have an option that is much more convenient than spending money on games or wasting a lot of time and effort trying to earn things within it.

$TOFY Token Utilities

Tofycoin is a special kind of cryptocurrency. It was developed on Binance Chain, rather than Ethereum like most other NFTs. Tofycoin is not just a representation of value on its own game ecosystem, it’s also a play-to-earn (P2E) reward system, which means that it can be used to pay for premium services and privileges in multiple games in the Tofy Game network and any other game that supports the Tofycoin token ($TOFY).

However, this is only possible if you own a lot of Tofycoins—the more you have, the more services you can use, and the more benefit you get from using them. Binance Chain is the blockchain developed by the Binance company, which is the most popular cryptocurrency exchange in the world. Binance Chain is an open and public blockchain platform that allows users to freely conduct transactions of their respective tokens.

Tofycoin can be used in Tofy Game’s own games and partner games. Within Tofy Game, you can play and earn Tofycoins through the games of Tofycoin itself and its partner companies. There are various types of games, such as racing games, role-playing games, puzzles, sports, etc., all of which are for you to experience a wonderful gaming experience and enjoy more fun with your friends and family.

Tofycoin ($TOFY) have managed to come up with an innovative way of rewarding players based on their performance and achievements: in-game rewards (i.e., special prizes and tokens) are non-fungible NFT assets that can be sold on secondary marketplaces or used within games to buy premium items or enter special areas.

These NFT assets are also cryptos that can be exported to your crypto wallet, exchanged for real money, and stored on a dedicated portfolio that can be accessed via the Binance DEX platform.

Tofycoin Roadmap

JULY 2021

  • Tofycoin Project Starts

  • The start of the project, market data collection, meetings with consultants, working on team development
    OCT 2021

  • Development Starting

  • Development team with starting
    DEC 2021

  • Marketing Team Building

  • Marketing Team Building, Agreements with the Agency, Starting Global Advertisements
    MARCH 2022

  • API Development

  • API Release, Api Testing
    JULY 2022

  • Whitepaper 2.0

  • Tofycoin Whitepaper V2 Launch
    SEP 2022

  • IDO/IGO Starting

  • IDO/IGO Platform Agreements and Launch
    OCT 2022

  • Play2Earn Game Beta Version

  • Game will be submitted to the Beta testing publicly
    OCT 2022

  • First Exchange Listing

  • DEX and CEX exchange listing
    NOV 2022

  • Play to Earn Game Launch

  • Being launched at Google Play and Apple Store

Conclusion

Tofycoin is one of the latest coins to enter the NFT space, and it's bringing a unique use case with it. By building a gaming ecosystem, Tofycoin is creating an economy that rewards players for their time and engagement rather than just for spending money.

The idea behind P2E (Play-to-Earn) games is that users can earn rewards by playing game, rather than having to pay for them. Tofycoin's goal to create a gaming ecosystem across platforms and games provides a way for players to use the currency they've earned in one game to get started in the next.

ACCURATE INFORMATION

AUTHOR

1
$ 0.00
Avatar for Ris88
Written by
2 years ago

Comments

About us Rules What is Bitcoin Cash? Affiliate program Get sponsored Self-host