• About Us
  • Careers
  • Contact
No Result
View All Result
Saturday, July 12, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home Articles

A Dive into the Earning Opportunities on SolChicks

14 December 2021
in Articles, Crypto Gaming, Opinion, SolChicks
Reading Time: 3 mins read
121 1
A Dive into the Earning Opportunities on SolChicks

Contents

Toggle
  • How to earn with SolChicks?
  • In Conclusion…

The Play-to-Earn ecosystem has been evolving with new opportunities and innovations, and SolChicks is at the forefront of this. Metaverse’s concept may have been created by SciFi authors, but the blockchain space has done a lot to build on it. Before the coming of the likes of SolChicks, people had to make do with using Play-to-Earn platforms that were based on a network with low scalability and high transaction fees. Solana blockchain is solving the aforementioned issues, and in extension, users of this Play-to-Earn platform are not perturbed by high gas fees and ridiculously slow speed. 

The business model of a Play-to-Earn ecosystem offers blockchain gamers revenue streams when they participate actively in tasks. In some platforms, players are expected to engage in tasks like battles, farming their piece of land, and even raising animals. On SolChicks, there are different playing levels, and they come with varying earning opportunities. 

How to earn with SolChicks?

SolChicks’ Play-to-Earn model has various reward systems designed to offer both active and passive streams of revenue. Participating in SolChicks is a rewarding experience that offers an insight into the metaverse while offering revenue streams. 

  • Quarterly Leaderboard Prizes

A key aspect of this ecosystem’s architecture is the leaderboard system, which ranks every community user based on their participation. Active gamers that carry out activities like raising their chicks or even staking the utility token-  $CHICKS tokens- may climb up the ladder in real-time. To reward community members, those at the top of the weekly leaderboard or MMR rankings are eligible to earn $CHICKS tokens.  

Every week, the top rankers are rewarded with the $CHICKS tokens, which bestows governance rights on them. 

  • Breeding

Gamers in this ecosystem spend their days breeding SolChicks and ticking other tasks to earn NFTs, as well as $CHICK tokens. Another revenue stream that players benefit from is breeding their SolChicks, attending to their needs, and selling them in the marketplace. Usually, the buyers pay the native tokens for these chicks. As the demand skyrockets, the value is expected to do the same if the basic Economics law of demand and supply is followed. 

  • In-Game Rewards

Like its name states, the Play-to-Earn mechanism is based on the underlying concept of in-game rewards. SolChicks has a myriad of in-game rewards such as NFT items, Shards of Love (SLC), and other collectibles that can be exchanged in the ecosystem or on other real-world exchanges. For completing a specified task, a user may be entitled to a collectible, which can be stored or sold to other players. 

  • In-Game Currency

In the metaverse, there is an in-game currency called SolCoins that avatars use in their daily activities. Active avatars may win this currency, which has an appreciative effect on the return on investment of players. 

SolCoins is the currency of the metaverse, while $CHICKS is the governance or native token of the ecosystem. With the native token, gamers can submit proposals and vote on changes in the platform. As for SolCoins, its utility lies in the daily activities in the metaverse. 

In Conclusion…

SolChicks is following the playbook of the Play-to-Earn concept by adding multiple revenue streams for active gamers. The thrill that comes with navigating one’s avatar through the metaverse, growing one’s business, and interacting with other players are some perks of using the SolChicks’ ecosystem.

If you would like to read more articles like this, follow DeFi Planet on Twitter and LinkedIn.

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Share71Tweet45Share12
Rose Nnamdi

Rose Nnamdi

Related Posts

Becoming a DAO Contributor: How to Get Started as a DAO Contributor
Explainers

Becoming a DAO Contributor: How to Get Started as a DAO Contributor

11 July 2025
Australia’s New Crypto Rules: A Move in the Right Direction or Just Regulatory Overreach?
Opinion

Australia’s New Crypto Rules: A Move in the Right Direction or Just Regulatory Overreach?

11 July 2025
Can Brave’s Browser Outperform Google Chrome and Safari? Unpacking the Battle of Browsers
Project Reviews

Can Brave’s Browser Outperform Google Chrome and Safari? Unpacking the Battle of Browsers

11 July 2025
Not Just a Wallet: Can Backpack Redefine Web3 UX for the Masses?
Project Reviews

Not Just a Wallet: Can Backpack Redefine Web3 UX for the Masses?

11 July 2025

Featured Posts

Is Code Law? The Legal and Moral Implications of Smart Contracts

Is Code Law? The Legal and Moral Implications of Smart Contracts

byFaari Labinjo
24 June 2025
0

Multi-Party Computation (MPC) vs. Zero-Knowledge Proofs (ZKPs): Which is the Future of Blockchain Privacy?

Multi-Party Computation (MPC) vs. Zero-Knowledge Proofs (ZKPs): Which is the Future of Blockchain Privacy?

byFaari Labinjo
7 June 2025
0

Address Poisoning Attacks in Crypto: What They Are and How to Stay Safe

Address Poisoning Attacks in Crypto: What They Are and How to Stay Safe

byOlayinka Sodiq
3 June 2025
0

What Is a Bull Trap?

What Is a Bull Trap?

byOlajumoke Oyaleke
3 June 2025
0

Breaking Bitcoin’s 21M Limit: Is It Even Possible?

Breaking Bitcoin’s 21M Limit: Is It Even Possible?

byOlayinka Sodiq
3 June 2025
0

Read More

Chain of Thoughts

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Markets Update

Your Weekend Crypto Roundup | July 2025 (Week 2)

12 hours ago

The Battle for Web3 Infrastructure: Which Platforms are Dominating in Decentralized Storage, Compute, and Identity?

3 days ago

Is Ethereum Losing the Yield Battle?

3 days ago

Dubai Greenlights Region’s First Tokenized Money Market Fund, Pioneering Real-World Asset Digitization

3 days ago

BRICS Digital Currencies & Their Threat to USD-Denominated Stablecoins

6 days ago

The U.S. Crypto Regulatory Pivot: How the FIT21 Bill & ETF Greenlights Are Reshaping Global Policy

7 days ago
Read More

Events

Rare Evo 2025
Rare Evo 2025
6 Aug 25
Las Vegas
CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

MultiBank Group Confirms $MBG Token TGE Set for July 22, 2025

bychainwire
11 July 2025
0

PEPESCAPE Launches Crypto Presale, Combining Memecoin Culture with Decentralized Finance Ecosystem

bychainwire
10 July 2025
0

$MBG Token Pre-Sale Set for July 15 — Only 7 million Tokens Available at $0.35

bychainwire
10 July 2025
0

NovaEx Launches with a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure

bychainwire
10 July 2025
0

Threshold Network’s tBTC is Now live on Sui: Ushering in a new era for Bitcoin DeFi

bychainwire
9 July 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00