A My Neighbor Alice NFT auction house will launch before the end of this year. A new addition to the farm-building game universe, it forms the final key stage in the platform’s 2021 development roadmap.
The popular blockchain game already has a native NFT marketplace, allowing players to trade and make profit from their non-fungible tokens. This latest offering will take the sale and exchange of tokens to a whole new level.
Since the beginning of the year, ‘My Neighbor Alice’ has introduced a number of significant improvements. Early on in 2021, the project launched in Steam early access for those who had ALICE tokens. July then saw multiplayer implementation and new ways of earning said tokens added in the game.
The platform’s DAO was then released in September with more quests and activities added, alongside new characters. This expansion will culminate in the unveiling of a new auction house. The full game will then be made available from January 2022, one year after it was initially unveiled to select players. By that time, we expect the 1.0 version to also include customisable avatars, even going so far as to allow people to change the eye colour of their playable character.
Wait — What is My Neighbor Alice?
If you’re new to the world of blockchain gaming then ‘My Neighbor Alice’ might have passed by unnoticed. As you can probably guess, the title is a blockchain-based video game that allows players to invest in digital land (in this case islands), build farms on those plots, find collectables, and complete challenges.
The developers say they were inspired by games like ‘Animal Crossing’. Simply put, the action combines traditional narrative gameplay with a specialised ecosystem. So whether you only want to take part in quests, prefer to focus on building your NFT portfolio, or both, there’s plenty to keep you occupied.
How About ALICE Tokens?
ALICE tokens are the native in-game currency of ‘My Neighbor Alice’. You need to hold some of this digital money in order to play, invest and participate in the community. An ERC-20 standardised token created on Ethereum, the currency powers the game’s NFT marketplace.
Players can use their ALICE tokens to stake, and buy items such as land and furniture. The currency turns the game into a genuine play-to-earn title. This infographic, made by the developers, explains more about the token’s functionality:
My Neighbor Alice NFT Collateral
‘My Neighbor Alice’ has several monetary incentives aimed at rewarding loyal and committed players. First up, the developers promise to “allocate a fair amount of tokens on staking rewards”. This means players recieve rewards for holding tokens in the early stage of the game’s development.
Secondly, My Neighbor Alice NFTs can be rented, including non-fungible tokens in land form. This allows their NFTs way more accessibility to new investors. In fact, the system also guarantees protection for owners. Renters will be unable to resell, damage or destroy NFTs thanks to smart contracts.
And, finally, we have My Neighbor Alice NFT Collateral. When players buy NFTs the game will give them the option to save a percentage of the purchase price in a special account. Users can sell their NFT back to the system, destroying it, and in return will receive the percentage they chose to keep aside. This means nobody will ever risk losing their entire investment.
Blockchain Gaming on the Rise
Suffice to say, blockchain gaming is experiencing exponential growth in 2021. And it’s certainly not just the NFTs form my Neighbor Alice. Recently, new Polygon-based cyberpunk RPG, ‘Neon District‘ gained traction. Plus, a new token has launched, making ‘Forest Knights‘ into a bonafide play-to-earn title and the Sandbox’s potential giant killer, ‘Infinity Skies‘ launched too.
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This article is educational material.
As always, make your own research prior to making any kind of investment.
