ZoneBitcoin EditorialThe NFT projects that are currently capturing the most attention from investors are those that are evolving NFTs in metaverses. This can be mobile games, more developed games or simply graphic universes. It all depends on the will of the founders and the community that supports the project.
In fact, utility NFTs with high “utility” are highly sought after by NFT investors. And, this makes perfect sense, given that NFT projects are becoming more complex and developed.
Wolf Game is the most striking example. It is already, after only one month of existence, in second place in terms of trading volume on opensea. That says a lot. This is the NFT game phenomenon and let's see in this article the particularity of this funny game.
I might as well tell you right away: The WolfGame game is not a play-to-earn game conventional.
This is the first time that a game brings an element of risk and strategy within the game itself. This makes the game more complex and it can then be called a strategy game.
WolfGame Overview
WolfGame creates NFTs of which there are two types: wolves and sheep. In the mint public sale, buyers had a 10% chance of encountering a wolf. The 90% were sheep.
Naturally, the wolves are the dominant ones in the game and have very specific functions, just like the sheep.
In addition, as is often done now, they have implemented a utility token, WOOL. It is also an ERC-20 token.
- Sheep can earn up to 10,000 WOOL per day (or about $1000 at current prices).
- Wools can be sold on Uniswap.
So far, the rules are pretty basic and many NFT games work the same way.
What are the rules of the WolfGame game?
But wait until you see the perfidy of the game, that's where it begins and that's where WolfGame very clearly distinguishes itself from the others.
- WOOLS tokens can be stolen (there is a 50% chance of this happening) by wolves. As soon as a holder wants to withdraw their tokens, they take the risk of being stolen.
- A 20% tax is imposed on WOOL tokens that are sold and distributed to all holders of the Wolf NFTs. This is automatic. Each WOOL sold sees 20% of its amount redistributed to the wolves.
I imagine that all this is not yet very clear.
I will elaborate.
Not all wolves are equal. Some are rarer than others. The rarer the wolf, the more likely it is to steal sheep.
This explains why wolves are so sought after. They sell for thousands of euros on the Opensea secondary market.
Of course, sheep sell for a little less because they have a 50% chance of being stolen.
WolfGame Philosophy:
The WolfGame game is interesting to analyze from a game theory perspective. In fact, the founders themselves specified that they wanted to show in virtual life, the reality of behaviors on DeFi. "Man is a wolf to man" is at this level, not just a little metaphor of Hobbes.
Why in game theory is Wolf Games interesting?
In fact, if all the sheep decide to keep WOOL tokens, then the wolves will not make any money. Certainly.
If the sheep sell their WOOL tokens, the wolves will make big profits.
It all depends on the behavior of the sheep. Will they take the risk of being robbed to withdraw their money?
Is the game useful?
As such, it's a game. Nothing more. Certainly, a game that is a little more advanced than stacking games and which can correspond to certain player profiles.
WOOL tokens also have a utility but very slight. We can also say that the game has just been released and that this is normal at this stage of development. At the moment, the utility of the token does not go beyond the scope of the game. The only thing holders can do with the Wool token is buy more NFTs.
They can also resell them on unitedwap. The developers have also indicated that they cannot use Wool tokens to purchase NFTs until 10,000 have been mined.
For now, these are unanswered questions and the community is waiting.
Also, the staking system is attractive. It is very difficult to obtain an NFT because all of them are stacked in the game currently.
Possible scenarios for the price of WolfGame NFTs:
- Sheep holders can decide not to sell their Wool tokens. In this case, the wolves no longer make money. They would then resell the NFTs at a lower price.
- Sheep owners take the risk of being stolen. They continue and the wolves win. These then become more and more expensive.
Final word:
The game was a stunning success, it must be said. Wolf Game launched in November 2021 and very quickly, well-known influencers on Twitter provided their support. We can cite for example Gary Vee. This alone caused prices to rise.
When minting, it cost around $300 to acquire one. Then, a few days later, some sold them for more than $80,000! These crazy sales are then alerted to the media, and you know how headlines can make the sauce.
Of course, this is not without friction. There are rumors circulating about the dubious origins of anonymous developers, especially there were certain bugs. And, myself, to write this article, I was prevented from doing so because certain features of the WolfGame game were on pause….
We don't know how this will end but they had the merit of implementing a certain strategy in a DeFi game. This is even the first time that it has gone this far.
This may just be the beginning of a new era of more strategic gaming for NFTs.
Only the future will tell us.
- Check online gaming
- See all links from Wolfgame (site, discord, open sea, etc.).
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