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The idea of kicking back with your favorite game and also ending up with some real-world assets is very alluring, but it can be hard to find web3 games that actually create this experience. Many people in the gaming industry have been critical of blockchain games because they tend to prioritize investing over playing. Artyfact hopes to solve this problem by offering users uniquely fun and addictive gameplay. Keep reading to learn more about Artyfact's intriguing blend of entertainment and profitability.
Key Takeaways:
Artyfact is a blockchain gaming platform that designs “play-and-earn” games. It combines techniques from traditional video games with new blockchain technology to create an environment where people can play AAA GameFi games.
Looking to trade Artyfact tokens? Bybit now offers the ARTY/USDT Spot trading pair.
Artyfact is a blockchain gaming platform that designs play-and-earn games. Its ecosystem combines techniques from traditional video games with new blockchain technology to create an environment where people can play AAA GameFi games.
The Artyfact team includes experts in technology, blockchain and finance.Founder Oleg Boytsov is known as a judge in the Stanford Web3 Association, while the ecosystem's operations manager, Dalton Grant, is the founder of York St Capital. During the team’s interactions with web3 products, they realized there was a need for better gaming opportunities. This inspired them to design a virtual world that could appeal to traditional gamers while including a variety of helpful and profitable blockchain tools.
Artyfact's main goal is to tackle the problem of "play-to-earn" games. They feel that most web3 online gaming prioritizes the earning experience over the playing experience. Game players click buttons over and over for the sole purpose of earning in-game assets.
Artyfact hopes to improve the gaming experience by transitioning to a "play-and-earn" style. Its goal is to create a gaming world that’s truly enjoyable, whether or not you earn money. Inspired by the addictive gameplay of traditional video games, Artyfact plans to promote immersive play-and-earn games that directly appeal to users. The platform also has plans to hold occasional virtual events and run tournaments to attract more gamers to the Artyfact universe.
In order to provide a blend of both blockchain technology and immersive gameplay, Artyfact’s team relies upon a complex combination of various software. They use Unreal Engine 5 to function as the game engine that provides an immersive gaming experience through virtual events and competitions. The gaming side of the project also requires JavaScript React for the front end, and PHP’s Laravel framework for the back end.
To manage NFTs, cryptocurrencies and other Artyfact game items, the company mainly uses BNB Smart Chain, along with a little input from Polygon and Truffle.
Artyfact's play-and-earn approach to gaming has resulted in a lot of intriguing features. TheArtyfact ecosystem will eventually hold everything from free events to markets for in-game assets. Here are some of the key services found in this gaming world.
The Artyfact metaverse contains a blend of online gaming and social media. Game players can interact with each other, attend free events such as virtual concerts and take part in making decisions for the Artyfact virtual world. The metaverse for Artyfact is a sci-fi world similar to Cyberpunk (a dystopian high-tech sci-fi subgenre), with some futuristic and dystopian elements.
Every time you play in one of the Artyfact game modes, you earn either crypto tokens or NFTs. All of these items are typically valued in ARTY, the platform’s native cryptocurrency and governance token. However, if you want to use another token, such as Ethereum, you can use the ARTY exchanger. This lets you trade game assets for other crypto tokens so you can purchase weapon skins and other game assets, regardless of how many rating points you have.
The heart of Artyfact is its immersive gaming experience. Players can access a complex world filled with shooter games and role-playing elements. The platform will hold occasional virtual events where people can compete to earn prices and rating points, or game players can launch battles with prize pools of ARTY tokens. The game modes in Artyfact include a lot of classic favorites such as battle royales. There are also unique game modes that contain exciting new objectives and guidelines.
Since the various game modes on this platform involve blockchain gaming, all game assets are NFTs. As a player, you can earn things like avatars, clothing and weapon skins as game prizes. You can also buy or sell these Artyfact game items through the gaming market. This feature allows players with extra funds to obtain valuable items, while players who want to play and earn can use the overall gaming market as a way to trade in-game assets and profit from the items they earn.
The blockchain technology in Artyfact gives players a say in what happens throughout the gaming system. Anyone who holds ARTY can vote, and staking your tokens allows you to increase your voting power for more influence during elections.
Since its founding, Artyfact has launched its token, written a white paper and designed a website with gaming previews. The Artyfact road map for 2024 is all about launching its actual game, which is divided into three basic stages as follows.
NFT stage: Artyfact plans to launch its NFT marketplace to let people trade game assets, and to create a web platform where users can acquire gaming NFTs.
Beta stage: With the official launch of the game beta and more unique game modes, Artyfact also plans to host virtual events and place its product in the Epic Games Store.
Alpha stage: After testing its game with a limited number of users, Artyfact plans to launch it on Android, iOS, Xbox and PlayStation®.
The ARTY token is a core part of Artyfact gameplay. It functions as a utility token, governance token and in-game currency that people use to buy in-game assets. ARTY is a BEP-20 token based on BNB Smart Chain. The token has a total supply of 25 million, which Artyfact doesn’t plan to increase in the future. Current token supply distribution is as follows.
Staking and farming: 20%
ICO/IDO: 24.8%
Liquidity and listings: 20%
Treasury: 15%
Marketing: 13.2%
Team and advisors: 5.5%
Foundation: 1.5%
When ARTY was first released, investors were excited about its promise of immersive gameplay, and its price quickly soared to $3.20. However, since then, the value of the Artyfact token has fallen to around $1.66. Most crypto enthusiasts believe that ARTY's drop in price was just the market self-correcting following the initial hype of the token launch. Data from Changelly suggests that ARTY prices have now stabilized, and will remain in the $1.50 to $2 range for the rest of 2024.
There’s a lot of debate about what ARTY prices will look like in the upcoming years. If Artyfact can release all of the exciting features in its road map, prices are likely to spike again and a value above $7 is possible. DigitalCoinPrice believes that if the coin continues on its current path, it might slowly yet steadily rise to reach $6.42 by 2026 and $13.25 by 2030.
One of the best places to buy Artyfact tokens is through Bybit. To get started with trading ARTY tokens, you’ll first need to create a Bybit account, fund it with cryptocurrency and navigate to the ARTY/USDT Spot trading page.
The Artyfact ecosystem has the potential to fulfill a valuable niche in the gaming industry. There are a lot of people who want to play AAA GameFi games where they can trade in-game assets for digital currency. If Artyfact can provide such a gaming experience, the ARTY token is likely to perform very well indeed.
Before you get too excited, though, don't forget that Artyfact’s team hasn't yet released all of the various game modes they've discussed yet. Though the project looks impressive, there aren't any player reviews to confirm whether or not Artyfact is an enjoyable gaming experience. The project looks legitimate, and certainly could appeal to the overall gaming market. However, investing too heavily in such a new and untested company can be risky. Investors need to do their research, exercise caution and avoid buying more ARTY than they can afford.
Artyfact's plan to combine blockchain investing and enjoyable gaming experience has the potential to make it one of the biggest systems in the web3 gaming market. Not only can users do things like trade weapon skins or attend virtual concerts, but they can also earn ARTY tokens and turn their gaming skills into real-world money. Artyfact still has a lot of development ahead before it releases its gaming world, but it's certainly a project worth watching.
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