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0.07633000USDT
-18.96%
$0.07633000฿0.00000113Volume(24H)$6,506
Today
Low:0.09187000
High:0.10431800
Yesterday
Low:0.07306000
High:0.09736200

Market information

Market Cap $4,546,324.16
Global Volume(24H)$6,515.28
All-Time Low$0.08079700
All-Time High$37.8391
Initial Price
ROI
--
Circulating Supply 59,197,700 GENE
Circulation Percentage 59.1977%
Max Supply 100,000,000 GENE
Total Supply 100,000,000 GENE

Price history

Information

Converter

GENE

Project Introduction

Genopets is a free game on Solana that rewards physical activity in the play-to-earn NFT economy by using data tracked on smartphones or fitness wearables, Move-to-earn so players can translate real-life behaviors into broad gameplay and Earn at the same time.

Project Vision

Genopets was born out of the team's vision to find a way to motivate players to stay active and to bridge the gap between the virtual and real worlds by motivating them with a fun and rewarding mobile game.

Market Demand

In recent years, we've seen an increase in the popularity and adoption of video games. Players generally enjoy the feeling of living through the development and evolution of their characters. What's more, the interactive nature of gameplay in most of these video games makes customizing and playing these characters a fun, enjoyable, and engrossing journey. Currently, the popularity of Uncounterfeited Tokens (NFTs) is also surging (since the beginning of the year), leading to an increase in their various uses. Developers have found ways to combine the two technologies -- video games and NFTs -- and this has led to the play-to-earn games that are now leading the way in the future of gaming. In traditional games, when players use in-game currency to buy rare accessories or improve their characters, those items stay in the game. Players cannot transfer them to another game, and once they stop playing, all money, in-game items and time spent are lost. However, NFT games are changing that. By owning NFTs, players can own what they have earned and bought in the game.

Solution

Solana's high throughput, fast settlement, and low transaction fees make it an attractive candidate for many new blockchain games, so it's no surprise that Genopets chose it as its primary Layer 1 underlying blockchain. Genopets has two main categories of on-chain elements. The first category is NFT, which contains Genopets itself, refined crystals, Habitats and other (coming soon) unique elements that are completely owned by the user, This means they can be transferred between wallets, combined with other games or sold on the open market -- all the power of the open economy is available to Genopets players. The second category is in-game currency systems, including GENE (governance) and KI (utility) tokens.

Release Mechanism

Total token amount: Token distribution: Community & Play revenue 41.0%, private placement 32.5%, public offering 1.5%, Team & Advisor 25.0%.

Token Usage Scenarios

Governance: voting and deciding on new game features, such as items, gameplay, missions, locations, and new integrations; 2. VIP channel: Holding GENE tokens will give the holder priority in getting new game content; 3. Pledge Rewards: Users can join a decentralized reward pool to earn game currency KI.

Characteristic

1. Free Unlike many play-earning games, Genopets requires no upfront fees. Players can summon their digital pets for free and immediately start earning KI tokens. But if a player wants to speed up the game, they need to buy additional NFT and items from the market or during a promotion. Genopets is one of the first high quality games built in the Solana ecosystem. As a result, the game benefits from the massive throughput and scalability of Solana's blockchain, as well as near-instant and low-cost transactions. These advantages of Solana's blockchain ensure that the game can support hundreds or thousands of simultaneous users without the congestion or high transaction fees that ethereum-based blockchain games suffer from. Wearable and mobile integration Genopets wants to bring step activity data from the real world by connecting to mobile devices running Google Fit or Apple Health. By integrating with a range of popular wearables, additional activity and health data will be collected over time. In order to attract the largest audience, the game uses popular devices and apps, and the game needs to make sure that this body data is not falsified in order to get more KI. Genopets is the first game to introduce the concept of "mobile earning", where players earn KI while improving their health. As the future continues to evolve, Genopets hopes to support more types of fitness data, support the most popular fitness apps, and ensure data integrity and high governance in order to develop and design digital pets for gamers. 5. Sustainable Share vesting Plan Unlike many games that are plagued by extreme inflation due to regular unlocking of early investor tokens and gradual release of in-game rewards, Genopets has extremely sustainable token economics. All private investors must be locked in for one year and then receive another year of linear equity. Combine this with a sustainable approach to NFT generation and trading, and you can make sustained profits.

Project Highlights

1. Earn cryptocurrency by staying active and converting step data from mobile devices and wearables into game progress; 2. Upgrade their Genopet to be unique and diverse, increasing its rarity as it grows through four stages of evolution; 3. Fight other Genopet masters in Genoverse in PVP and PVE challenges; 4. Make game items like crystals and Habitat NFT that can be sold on the NFT market.

Points

Genopets uses data tracked by smartphones or fitness wearables to upgrade Genopet NFT in games. Players can then summon their pets and explore hidden lands, find loot, craft items and fight other players in Genoverse. It also means that gamers can go around, upgrade their NFT, and then sell their NFT on the market. Genopets coined the phrase, "Action for money."

Project Risk

1, the chain game narrative is grand, and the secondary price compared with IDO price, has been very high, coupled with the endorsement of the institution, the early secondary participation risk is greater; 2. The game mechanism is unique and belongs to a school of its own. No case has been referred to, and hardware cheating after the launch may be the biggest risk.

Values

The concept of Genopet games is simple: create a platform for users to play games anytime and earn a certain amount of money. The overall game UI design is not bad, the gameplay is based on breeding, focus on management, if the economic model can be maintained for a long time, can obtain good development.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1CoinEx1CoinExGENE/USDT
0.07633000
-18.96%$6,50649.9644%2024-10-26 20:30:30

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
CoinExCoinEx$6,506100.0000%Visit