CRYPTO NEWS

The next step of Gamefi: Outer Ring MMO set to launch +20M randomized NFTs

The next step of Gamefi: Outer Ring MMO set to launch +20M randomized NFTs

Outer Ring MMO is launching its NFT Lootboxes next June 29th. With this drop, more than 350.000 ERC-721 tokens will be minted, validating in-game assets such as weapons, armors, or vehicles.

But what is Outer Ring doing differently? 

The 180.000 Lootboxes on sale contain more than 20.000.000 randomized combinations of weapons. When future players open these vaults, they will start filling their inventory with riffles, snipers, and blades… There are 13 different types, each with up to 14 combinable pieces.

Each of these weapons has different Tiers, Rarities, and Stats determined by the pieces that compose it. But the Lootboxes Launch will mint less than 5% of these weapons. Once the game is released, players must invest time collecting materials, completing missions, and raising their skills to craft each of the pieces that compose the weapons. 

ATTRACT AND EMPOWER GAMERS

  • Breaking entry barriers and the fear of blockchain.
  • Let players craft their own NFTs.
  • A Player-Driven Economy.

The game is free to play and allows non-crypto gamers to enjoy its MMORPG gameplay without interacting with the Blockchain. Assets can be traded inside the game using EXO, (its soft in-game currency), or minted, to export them to external marketplaces and the Galactic Dex

All the assets (materials, weapons, armors…) are either generated as part of the gameplay or created by players. This is called a Player Driven Economy. Gamers will compete for resources, craft their own Generative NFT weapons and items, and earn revenue by trading them in a free tokenized market. 

HOW TO ENTER OUTER RING´S UNIVERSE?

Outer Ring launched its governance token GQ in March. On the same day, they opened their Staking system where players could generate in-game materials (Iron, Vanadium, Nickel…) and Space Coursaire Keys, the currency used to purchase Lootboxes at a 50% discount. 

At the end of this month: June 22nd for Whitelist winners and June 29th on the Open Sale, players will choose between these Lootboxes: 

  • Tier 1.   50000u.  15 BUSD
  • Tier 2.   15000u.  60 BUSD
  • Tier 3.     7500u.  150 BUSD
  • Tier 4.     5000u.  240 BUSD
  • Tier 5.     2500u.  800 BUSD
  • Clan Tier.  500u.  1500 BUSD

The raffle will use Chainlink VRF to help provide randomness to each NFT along with publicly verifiable proof directly on-chain that the randomness was not tampered with.

In them, you will find EXO, materials, armors, Generative NFT weapons, land and space vehicles, and Clan Badges. These NFTs will be used to unlock experiences and gain special access to Tech Demos ( testing demos for mechanics frequently used by the team), raffles, whitelists for lands and other collaborating projects, or the opportunity to read the novel that inspires the Outer Ring universe.

How can transaction fees be explained in a simple way?

I am reading the book Mastering Bitcoins 2nd Edition by O’Reilly, and it says: Alice buys a coffee from Bob’s Cafe for $1.50, or 0.015 Bitcoin So Alice pays 0.015 Bitcoin, and Bob gets 0.015 Bitcoin, but there is a transaction fee, paid to the miner. There are some questions: Does Alice pay more or::Listen

I am reading the book Mastering Bitcoins 2nd Edition by O’Reilly, and it says:

Alice buys a coffee from Bob’s Cafe for $1.50, or 0.015 Bitcoin

So Alice pays 0.015 Bitcoin, and Bob gets 0.015 Bitcoin, but there is a transaction fee, paid to the miner.

There are some questions:

  1. Does Alice pay more or does Bob get less? (the fee has to come from somebody)
  2. The way to calculate the fee seems to be a whole essay. Typically, what kind of percentage can the fee be, if it is a $1.5 coffee, or if somebody sends another person US$1 million dollar worth of Bitcoin, or if it is exchanging Bitcoin for US$1 million? But one person mentioned that it is voluntary (even the link above said the spender "may" include a fee, suggesting they can choose not to), but who would want to pay a fee if they don’t have to? I can understand if they send over US$1 million and the fee is $13, then they probably don’t mind and "want" to include a fee.
  3. The miner gets the fee — is that the miner who originally did the mining of the coin, or is it that somehow, the fee (or transaction) gets encrypted and a new miner has to mine it. It is described as: all the miners compete to find the next new Bitcoin, but there is also Proof of Work (to get a fraction of Bitcoin), but there is no mentioning of the miner getting a transaction fee. How does it factor into the flow or procedure?

Crypto Hats, Crypto Shirts, Crypto Socks, Crypto Clothing

The next step of Gamefi: Outer Ring MMO set to launch +20M randomized NFTs

Shopping cart
There are no products in the cart!
Continue shopping
0