• News
    • Bitcoin
    • Altcoins
  • Regulation
  • Blockchain
  • NFT
    • NFT News
    • Collectibles
    • Crypto Art
    • Gaming
    • Play2Earn
  • Metaverse
  • Learn
  • Market Cap
What's Hot

The End of Tether? Why A Structural Shift In The Market Spells Trouble For USDT

2023-05-29

Reddit NFT Avatars Approach 10 Million Holders Milestone

2023-05-29

Bitcoin shrimps defy market trends with aggressive accumulation

2023-05-29
Facebook Twitter Instagram
Monday, May 29
Facebook Twitter Instagram
Patrol Crypto
  • News
    • Bitcoin
    • Altcoins
  • Regulation

    Is the US 30% Bitcoin mining tax dead?

    2023-05-29

    Russia backtracks from plan to create national crypto exchange

    2023-05-29

    Bitcoin Firebrand Michael Saylor Says Banking Establishment Will Oppose CBDCs, Predicts Stablecoin Wind Down

    2023-05-29

    Binance CEO highlights timing of Beijing’s web3 white paper amid China, Hong Kong crypto regulatory changes

    2023-05-27

    UK Prime Minister Rishi Sunak considering new rules to regulate AI amid concerns of ‘existential threats’

    2023-05-27
  • Blockchain

    Ethereum Transaction Volume Rivals Visa As Blockchain Transactions Soar

    2023-05-29

    3 Native Bitcoin Protocols Every Developer Should Know

    2023-05-29

    Fantom Will Return 15% Of Token Fees To Projects

    2023-05-29

    Chinese Healthcare, Energy Firms Enable CBDC Pay – Digital Yuan Adoption Accelerating?

    2023-05-28

    Layer 1 Perfect For Security And Privacy

    2023-05-27
  • NFT
    • NFT News
    • Collectibles
    • Crypto Art
    • Gaming
    • Play2Earn
  • Metaverse

    Virtual Showrooms: The Future of Retail in the Metaverse

    2023-05-29

    Hong Kong Police Launch CyberDefender Metaverse Platform

    2023-05-29

    BBC Studios Partners with Reality+ to Launch Metaverse Experiences

    2023-05-28

    Upland Gears Up for Genesis Week 2023: A Spectacular Celebration in Las Vegas

    2023-05-25

    China to Expand Metaverse Use in Key Sectors

    2023-05-25
  • Learn

    Bitcoin Profit & Investment Calculator (ROI)

    2023-05-25

    How to make money with cryptocurrency: Trading for Beginners

    2023-05-24

    Full Guide to Bitcoin Ordinals

    2023-05-24

    Pi Network (PI) Mining Explained How It Works & A Step-by-Step Guide to PI Mining

    2023-05-23

    Cryptocurrency Dash Review, Technological Features Explained, Roadmap and Dash Price

    2023-05-19
  • Market Cap
Patrol Crypto
Home»Play2Earn»Life Beyond Economy and Tokenomics
Life Beyond tokenomics banner
Play2Earn

Life Beyond Economy and Tokenomics

2023-05-17No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Life Beyond released a recent blog post outlining their plans for the game economy, including tokenomics, and how they plan to bring in players who don’t have, and perhaps don’t even want, any blockchain experience.

The Life Beyond economy rests on three principles — gaming activity on a side-chain, a custodial wallet for frictionless, in-game, transactions, and a dual-currency system.

Like many other web3 projects these days, Life Beyond is building with an eye towards making their game frictionless to play, and bringing in new players from the web2 world. Part of effort includes offering a gaming experience that has no requirements for maintaining a personal wallet, or interacting directly with the blockchain. This will be accomplished by hosting most of the game activities on a side-chain, and providing an in-game, custodial wallet for all players.

Players can participate in Life Beyond, without every having to worry about on-chain tokens and NFTs if they want.

Life Beyond Tokenomics

Life Beyond will feature a two token system. These tokens are DOLS and an unnamed token that is currently referred to as FT (Fungible Token). DOLS will be an in-game currency only. It can be exchanged for FT in-game, but will never exist anywhere else. Meanwhile, the other token (FT), will be transferrable between the game’s custodial wallet, and traditional wallets on the mainchain via a bridge.

Most of the basic game functions will be kept to the sidechain and use DOLS as the currency. This includes player progression, building infrastructure, purchases on the in-game markets, and trading goods and services between players.

See also  Citizen Conflict Launches Alpha 2.0 Soon

The FT token will be used for any NFT interactions such as repairing NFT items, crafting, minting, decorations, pets, etc. They will offer various items on their own marketplace, payable in FT. This can include items such as Land plots, Mystery Boxes, and other goodies. FT will also be used for staking. FT token staking can increase DOL emissions from land ownership, and will offer access to exclusive items in-game. And finally, FT will also serve as a governance token, letting players vote on decisions regarding the future of Life Beyond.

Life Beyond in-game economic loop
Life Beyond in-game economic loop

The Hub

Though their alpha playtest closed some time ago, Life Beyond has opened up ‘The Hub’. The Hub is a social space for players to interact and show off their characters, clothing, and equipment. This will be the central space for the main game and it already includes a couple of features. One is the Founder’s Terminal – a tribute plaque with the names of the first 500 Founders to join Life Beyond. The Hub also includes a terminal, with slides and information about the flora and fauna — information that players discovered during the alpha playtests and which they can now peruse at their leisure!

There aren’t many clothing options yet. But players with the Agent Zero Jackets can wear those on their avatars in The Hub. Players can download The Hub here.

What is Life Beyond?

Life Beyond is a free-to-play, play-and-earn, FPS-style MMORPG with a third-person view. In Life Beyond, players are citizens of the Dolos Planet, an alien world around a distant star. During the first alpha, players worked to clear and defend land for the first settlement. Along the way they encountered a variety of hostile wildlife, many of them similar to giant, alien roaches!

See also  NFTs Show Signs of Life

The game follows the lore, with reasoning for the alpha events and shutdowns written in as part of the storyline. Players go on solo or group Missions for experience and rewards. But while doing so, they also help contribute towards larger, community goals which open up new events and prizes.

Players have four classes to choose from, each with a different weapon selection. Try them out on solo missions or sign up for group missions to receive greater rewards.

To learn more about Life Beyond, visit their website, follow them on Twitter, and join their Discord.

Life Beyond 2023 roadmap
Life Beyond 2023 roadmap

Phil Hall has been a gaming enthusiast since birth and a crypto enthusiast since 2017. He enjoys new discoveries and sharing those with others via blogging and photography. You can follow him on Twitter or read his other articles on Medium.



Source link

economy Life Tokenomics
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Play to Earn with Eternal Dragons via PvP and PvE Leaderboards

2023-05-29

Play to Mint with Tearing Spaces Beta

2023-05-28

Shoot-em-up to Earn with Grit Launch

2023-05-27

Play and Earn in Illuvium Zero Alpha Season 1

2023-05-27
Add A Comment

Leave A Reply Cancel Reply

Top Posts

X2Y2 Introduces NFT Lending Protocol Named X2Y2 Fi

2023-05-18

Masa announces soulbound ID tokens for Coinbase’s Base Network

2023-04-04

Pudgy Penguins NFT Sells For An Incredible 400ETH ($600K)

2023-02-05

Subscribe to Updates

Get the latest news and Update from Patro Crypto about Crypto, Metaverse, NFT and more.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest YouTube
Top Insights

The End of Tether? Why A Structural Shift In The Market Spells Trouble For USDT

2023-05-29

Reddit NFT Avatars Approach 10 Million Holders Milestone

2023-05-29

Bitcoin shrimps defy market trends with aggressive accumulation

2023-05-29
Get Informed

Subscribe to Updates

Get the latest news and Update from Patro Crypto about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 Patrolcrypto.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • JDBJDB(JDB)$0.021575-0.61%
  • bitcoinBitcoin(BTC)$27,670.00-0.51%
  • ethereumEthereum(ETH)$1,891.771.60%
  • USDEXUSDEX(USDEX)$1.08-0.31%
  • tetherTether(USDT)$1.000.35%
  • binancecoinBNB(BNB)$311.190.29%
  • usd-coinUSD Coin(USDC)$1.00-0.14%
  • rippleXRP(XRP)$0.4911952.01%
  • cardanoCardano(ADA)$0.3792230.26%
  • staked-etherLido Staked Ether(STETH)$1,889.681.82%