Play-to-earn Blockchain Game Starchi, inspired by Tamagotchi, has won a grant from the Polygon Foundation. Starchi is a DeFi game on Polygon – or rather a ‘GameFi saga, as they like to call it. Apparently, it is first DeFi game from Starter; a multi-chain, community-driven incubator and investor network. Reportedly, they announced they will use the grant to further integrate Polygon in-game. Once the Starchi game is fully integrated with the layer 2 blockchain, players can enjoy fast transactions and low gas fees.
“The grant from Polygon only further fulfils our conviction that Starchi will serve as an incredible vessel to bring light not only in the DeFi world but also into our post-pandemic world,” said Lionel Iruk, special counsel at Starter. “With Polygon’s financial backing and the full-stack of scaling tools to support Starchi we are committed to making Starchi an experience for all to enjoy.”
What is the Starchi Game?
Starchi is a decentralized finance (DeFi ) game on Polygon, inspired by the original Tamagotchi. It calls itself a “purposeful game” and aims to remind players of “human values.”
“Members of our team are old Tamagotchi owners, so we thought this was one of the best games to kickstart our GameFi initiatives,” Angela Brasington, Vice President of Marketing at Starter told us at NFTevening.
In this blockchain game, players can collect digital pets called Starchis. These are adorable creatures that thrive in the sun. However, they are on the brink of extinction and are in search of a new source of energy to survive. As with Tamagotchi, collectors have to then raise, feed, and entertain the pets from their infancy to adulthood. More importantly, the players have to ensure that the creatures don’t go extinct.
This GameFi initiative uses Polygon’s Layer 2 solution. This, Brasington says, “provides the best ETH-compatible environment for Starchi Collectors to play and earn at the lowest possible cost.”
Play-to-earn mechanics: Another DeFi game on Polygon
Starchi also has a dual token economy: Starter’s START token and Starchi Liquid Luck token, ELIXIR. With START, players can access the game and buy Starchis. Meanwhile, players receive in-game rewards as ELIXIR. According to Starchi’s tokenomics, the game has allocated 20,000,000 ELIXIR for in-game rewards.
Players can earn rewards by completing daily tasks and participating in friendly battles. Alternatively, they can top leaderboards such as ‘Most Active Collector’, ‘Longest Starchi holder’ for even more rewards. Furthermore, Starchi’s players can earn rewards by staking START.
Actually, in keeping with their GameFi goals, Starchi also redistributes fees to Collectors, helping them accumulate earnings. Plus, the team will launch contests and tournaments in the future through which players can earn ELIXIR.
In the last couple of months, we have witnessed a steady growth of play-to-earn blockchain games. As Starchi enters this booming sector, it faces stiff competition from top play-to-earn blockchain games likes Axie Infinity. Nonetheless, Starchi’s low fee capabilities, Tamagotchi-inspired gameplay, and the appealing art style can strike a chord with blockchain gamers. Honestly, we’d all love another DeFi game on Polygon whilst Ethereum fees are so high. For now, we are excited to see what they will bring to the world of blockchain gaming!