3A blockchain game Big Time tokens are listed on exchanges and this year may usher in a boom in high-quality blockchain games

The token BIGTIME of 3A blockchain game Big Time has been listed on MEX, OKX, Bitget and other exchanges on October 11, and will soon be listed on Coinbase. In the early morning of October 12, it experienced another surge, basically doubling the average price of yesterday. In the current bear market, the sharp increase in the token has also ignited some confidence among people.

According to the monitoring of on-chain data analyst Yu Jin, Amber Group and FBG Capital each received 60 million BIGTIME allocations in the past few days, and may be the market makers of Big Time.

However, due to regional isolation, Chinese users cannot purchase BIGTIME tokens on certain exchanges , but users who receive airdrops can recharge and sell them.

Putting aside the price of the currency, what about the Big Time blockchain game project itself? What can it bring to the current blockchain game market?

Realized the in-game circulation of tokens

The biggest problem in the blockchain game sector right now is the inescapable Ponzi scheme dilemma. Many game projects have become little more than a tool for players to play to earn. Players make money, sell, and look for subsequent players to take over. Once the scheme collapses, the game dies. The lifespan of blockchain games is generally short.

To eliminate this phenomenon, we must essentially work hard on the economic model. After studying Big Time’s economic model, we found that its token BIGTIME has formed a relatively good internal circulation within the game.

The game economic mechanism built by Big Time is centered around the BIGTIME token. The BIGTIME token has two main functions in the game: to refine skin fragments in the furnace and armory or to make and upgrade skin NFTs, and to pay for the entrance fee to the glory portal in the game.

There are three main ways to obtain it: First, the broken time hourglass randomly dropped through the personal metaverse Space, as a one-time prop, can be equipped to produce tokens. The broken time hourglass is an off-chain asset like the time crystal, bound to the player's account, and cannot be traded. The second is to spend time crystals in the functional NFT time guard to make a time hourglass and equip it, and then continue to spend time crystals to charge the time hourglass to produce BIGTIME tokens. The third is to purchase the BIGTIME tokens that have been produced through the market or team airdrops.

According to its official data released to the public, the total supply of BIGTIME tokens is 5 billion. Theoretically, they will be completely generated through gaming behavior and consumed in the game.

Early game participants and NFT buyers can receive airdrops. There are two types of airdrops: one is to airdrop functional NFTs in the game, and the other is to airdrop BIGTIME tokens. According to its airdrop plan, the total amount of airdrops will reach 2.6% of the total, or 130 million tokens. Since February this year, Big Time has opened airdrops to early users, once a month.

According to the monitoring of on-chain data analyst Yu Jin, Amber Group and FBG Capital each received 60 million Big Time allocations in the past few days, and may be the market makers of Big Time.

Among them, FBG is a relatively well-known fund and market maker in China. According to a report from Forbes, FBG had a very loud voice in the last bull market and maintained a good relationship with mainstream exchanges. It will help the tokens it invests in to be listed on exchanges, and will also work with the media to hype IC0.

However, due to regional isolation, domestic users are still unable to obtain the token in the secondary market on some leading exchanges.

This year may usher in a huge explosion of high-quality blockchain games

From the release of the game demo on May 11, 2021 to now, Big Time has gone through more than two years. According to Big Time officials, it is estimated that it has raised more than 90 million US dollars through primary market financing and NFT sales. Currently, the game maintains cooperation with multiple game guilds, but the game is still in the internal testing stage.

The founder of Big Time was once the co-founder of Decentraland . After sorting out its team members, it can be found that most of them have rich experience in the traditional game industry and have participated in the design and development of many top games, such as League of Legends, Fortnite, God of War, Call of Duty, Overwatch , etc.

Therefore, it was highly anticipated at the beginning of its establishment. This game can be compared to 80% Diablo + 20% World of Warcraft. Its core gameplay is to brush dungeons, kill monsters and upgrade equipment. However, it has a strong social attribute. Players have their own personal metaverse world, and they can also meet other players and make friends in it.

The game is deployed on the ETH chain, so the natural traffic will be relatively high. Compared with other ordinary blockchain games, its playability is still sufficient. The background of the game story is time travel. In the game, players will experience unexpected conflicts in time and space, explore different worlds in time and space, form a team of up to 6 people to enter the dungeon battle, travel through history, defeat the enemy, and use the understanding of the past to subvert and reverse history.

In terms of weapons and equipment, heroes of different professions in the game will have their own exclusive equipment. For example, warriors can only use NFT equipment exclusive to the warrior profession. In addition, players can also obtain other equipment and props with non-gain attributes through the game, and can trade them on the official market. In addition, there are land-related NFTs that can be obtained and sold in the game. For example, SPACE NFT is a virtual land space in Big Time, allowing players to expand their time machine and unlock unique game features, such as new portals, additional rooms, dedicated production areas, and token loot. The higher the rarity of SPACE and the larger the plot, the more functions it can support.

It is precisely because of this setting that NFTs in the game have become so popular. In the first few rounds of NFT sales, a total of more than 60 million US dollars were sold .

In general, the game is indeed a masterpiece among blockchain games with high playability. Judging from the sales of its NFTs, it also has a group of highly sticky fans. The internal circulation of tokens realized by the economic model also enables the game itself to achieve a certain degree of sustainable development.

Moreover, a large number of AAA blockchain games are currently under development in the industry, and it is expected that more than ten will be launched in public beta in 2023, and Big Time is also expected to be launched in public beta this year. Judging from the current performance of Big Time, it is estimated that this year will usher in a period of explosive growth in high-quality blockchain games.