How Wizardia’s Players (and Investors) Can Benefit From a Novel NFT Economy
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As the NFT and Metaverse gaming space continues to make leaps and bounds in 2022, we are slowly witnessing the evolution of the gaming space - not only in terms of story, character and gameplay, but also the underlying economies which form the financial foundations of a given project.
One example of this is Wizardia. Wizardia is an upcoming play-to-earn fantasy Metaverse game where players take on the role of unique wizards represented by NFTs, and battle each other in a bid to earn valuable resources and level up their NFT avatars. Wizardia is built atop the Solana (SOL) blockchain, a low-fee Proof-of-Stake (PoS) network that rose to become one of the most popular destinations for developers to set up dApps in 2021.
While Wizardia gives players the chance to increase the value of their NFTs through standard gameplay, another aspect of the game’s NFT-based economy has drawn attention in recent weeks for the way it generates royalties over time.
Comprising a two-NFT economy, Wizardia’s in-game Wizard NFTs are accompanied by Arena Genesis NFTs - tokens which give holders exclusive rights to earn royalties from all future battles and transactions conducted in the game’s Battle Arena.
In essence, this means early investors can purchase Arena Genesis NFTs and sit back and collect ever-increasing royalties as more and more players enter the gameworld and engage in Arena battles. Notably, holders of Arena Genesis NFTs don’t even need to participate in gameplay, instead, the NFTs are staked in the platform and owners will reap rewards in the form of tokens.
That investment is one which promises to pay off for the duration of the
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