Polkawar is a blockchain gaming ecosystem that offers innovative NFT and DeFi features to the Polkadot network. The den and for NFT gaming platforms brought about the creation of Polkawar. In the game, players are allowed to create their characters, add abilities, and battle them out with others. The gameplay is designed to lead to the progression of the different avatars, once the players behind them carry out the necessary tasks. NFTs are awarded to different players once they scale through a difficult level, and they can be sold in the marketplace to other users. They can also be exported to other NFT marketplaces because these unique tokens belong to the players. These NFTs can be weapons, collectibles, and other necessary items in the game. Users that want to redeem them for real-world replicas are availed of the opportunity in the game.
What are the features of Polkawar?
PolkaWar Realm
This is the gaming section of the ecosystem, where different users can create their avatars and enjoy the gameplay. As an NFT-based game, players have to carry out different activities, like defending their terrain, joining forces with others, and competing with other players.
It uses the Play-to-Earn mechanism that rewards users with NFTs which can be sold in the marketplace for crypto. The Play-to-Earn gaming model is not new and has been linked to the likes of Axie Infinity. Axie Infinity is a notable gaming ecosystem that has evolved to the extent that gamers play the game full-time. It is a source of revenue for players globally, and some organizations have scholarship plans to recruit NFT game lovers to play the game full-time.
According to CoinTelegraph,
“The tokenomics of blockchain-powered digital video games like Axie Infinity have made it attainable for customers to make money by merely enjoying the game. At the time of publication, Axie Infinity has over 360,000 concurrent gamers. Based on data from ActivePlayer.io, whereas the U.S. ranks third in phrases of energetic Axie Infinity gamers, all different international locations on the checklist are developing nations. An estimated 40% of gamers are primarily based in the Philippines alone. According to Twitter user Saharan-sub, Axie Infinity gamers in Ghana could make roughly 854 to 2,562 Ghanaian cedis monthly ($140 to $420), which is the number of occasions increased than the nation’s minimum wage.”
Polkawar’s model is similar to Axie Infinity, except that the gameplay is different. Instead of raising creatures called ‘Axies’, Polkawar is a competitive fighting game, where players battle it out with other players. It is designed to attract fight game lovers into the NFT gaming ecosystem.
PolkaWar Marketplace
The NFT rewards shared to players can be used in the game by the players or sold to other gamers. Some NFTs that will be available in PolkaWar are weapons, which players won or crafted themselves. Potential buyers that may need to upgrade the ability of their avatar can purchase the necessary collectibles from other users. The owner of the NFT decides the price tag of their possession in the market. It is a peer-to-peer marketplace, meaning that players interact with one another without the need for an intermediary.
NFT sales come in different formats. It could be a bid, where several players place their bids, and the highest value wins. Another option is a sales transaction between two parties, the seller and the buyer. They decide on the terms of the transaction such as the exchange amount.
PolkaWar Logistics
The third part of the PolkaWar ecosystem is its Logistics feature. NFT holders can decide to sell their unique tokens to others or convert them to physical real-world tangible items. This feature is not common in many NFT gaming universes at the moment. According to Polkawar, “Logistics is a solution for those who want to own NFT in the real world. Logistics will allow the conversion of NFT items (equipment and weapons) to physical real-world tangible items. Through the Logistics system, PolkaWar will ship the product directly to the buyer’s address. This new feature promises a novel and extremely attractive function in the NFT marketplace field.”
PolkaWar Token
The native token of the PolkaWar ecosystem is the PWAR token. It is used both internally and traded on exchanges. Some of its use cases are below:
- Reward system
The Polkawar Realm has different activities for players. Every player can choose their avatar and outfit them with weapons based on their level and abilities. Participating in the game gives the player the opportunity to earn PWAR tokens. As a Play-to-Earn ecosystem, users that participate in in-game battles can win these tokens.
- Fees
Players are allowed to lease their equipment in the marketplace to others for a period, and they are paid PWAR tokens. Once the lease period ends, the ownership of the NFT is transferred to the lessor. Users can transfer ultimate ownership of their equipment to another player for a fee. The fees are usually in PWAR tokens. Using the marketplace comes with a fee, which is paid in PWAR tokens. Before a transaction is completed in the PolkaWar marketplace, the designated fee has to be paid.
- Staking rewards
Another use case of the native token is staking. As a PoS network, staking is important to the survival of the platform. Stakers are rewarded with gems and tokens, which can be used in upgrading the player’s equipment.
- Governance activities
The decisions made in a blockchain space are usually done by the community itself. Typically, a platform begins with centralization and migrates to a decentralized ecosystem and even a DAO. In PolkaWar, the decision-making process is done by token holders. When a major decision is to be made, a voting session is created, and token holders are allowed to cast their vote. The number of tokens a person has determines their decision strength in the vote.
Token holders are also allowed to submit proposals of changes that they want to see on the platform.
- Yield farming rewards
A potential use case of this token is yield farming. Token holders that provide liquidity to the designated PolkaWar’s pool will be rewarded.
In Conclusion,
- PolkaWar is an NFT gaming ecosystem with the Play-to-Earn model. It is based on Polkadot and the game is centered on a competitive fighting format.
- Its native token is PWAR, and it has several use cases.
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