Earn tokens through turn-based battles
Every successful product creates more competition and copycats, and among the latest dapps on the Polygon blockchain, we see the Axie Infinity-inspired battle game Meeb Master. Over the past week, the game attracted more than 3,430 active user wallets.
Meeb Master is a real-time competitive game on the Polygon blockchain in which users can earn tokens through turn-based battles. Additionally, Meeb Master allows players to collect, breed, and trade NFT Meebs. Overall the dapp functions in a similar way to the leading play-to-earn title Axie Infinity.
Judging by Meeb Master’s initial launch, the game seems extremely popular for play-to-earn seekers on the Polygon network. Moreover, the game-fi title has increased its user base by over 76% in the last 7-days helping push the total value locked on the platform to over $17.5 million.
For now all DeFi and NFTs
Currently, the gaming side of the platform is not operational. Instead, the developers invite the awaiting gamers to check out Meeb Farmer, the yield farming side of the project. Here they offer some juicy APR percentages when depositing MEEB.
Despite these juicy APR’s the real stimulus came in the form of the platform launching its NFT marketplace in partnership with PolyDEX on the 4th of September. Here users can now buy, sell and trade Meebs. So far, the platform has registered over $2.16 million in NFT trading volume.
In expectation of the game going live, speculators are now able to purchase Meebs for use in the game. Looking through the marketplace rankings there are currently 2308 Meebs for sale with the starting price around $100. A lot less than jumping into Axie Infinity which can cost upwards of $800 for a single NFT Axie. Importantly, the Meebs are selling. The most expensive one sold so far being for $238. Presumably, once players start breeding new Meebs using their currently held ones, then more powerful and valuable Meebs will enter the marketplace.
Meeb NFTs
Meebs are the NFTs used in the Meeb ecosystem that contains property rights for the holder. Players can trade Meebs with other players, or buy new ones in the NFT market to expand their collection. Additionally, MeeCoins, which will be earned once the game goes live, can be exchanged for Meeb tokens (MEEB), a Polygon-based token for the Meeb world. The more battles a player wins, the more MeeCoins he or she can earn, the more MEEB the person can hold. MEEB holders will be able to claim rewards when they stake their tokens, play the game and participate in governance.
Play-to-Earn Gameplay
Once live, gameplay will consist of players assembling a team of three Meebs out of their collection to battle against opponents and gain MeeCoins, the in-game currency. The battles are real-time and automatic, meaning that players can enjoy them hands-free instead of babysitting multiple actions.
Another interesting mechanic is the AFK (Away-from-keyboard) feature. This allows players to gain MeeCoins even when they are offline. Each Meeb in a player’s collection has its own stats to farm MeeCoins. The player can claim the MeeCoins after a certain period of time and additionally, fuse any two of their Meebs to create a new Meeb. Creating potentially more valuable Meebs to sell in the marketplace or keep battling with to earn more MeeCoins.
Currently, the project is rolling out its Q3 objectives which will see both the first version of the competitive game mode and the AFK mode launched. This will benefit the users of the entire ecosystem, as the NFTs and tokens suddenly gain utility.
Copycats Ahoy!
A famous saying once stated that imitation is the purest form of flattery. In the case of dapps looking to emulate the success of Axie Infinity, they are coming thick and fast. Nonetheless, players are certainly interested in the platform. Perhaps due to the fact that entry is much cheaper than Axie Infinity. Once the PvP aspect of the dapp goes live it will be fascinating to see how the gaming meets DeFi dapp develops. Are people rushing into simply flip NFTs or is there more to it than that? Time will tell.
The above does not constitute investment advice. The information given here is purely for informational purposes only. Please exercise due diligence and do your research. The writer holds positions in ETH, BTC, ADA, MATIC, SAFEMOON, HEX, LINK, GRT, CRO, OMI, USDT, SOL, SHIBA INU, AVASTR, AND OCEAN.
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