News

Why the Ethereum Game “Fantasy Top” is Taking Over Crypto Twitter

Published

on

What is Crypto Twitter talking about now? A game built around Crypto Twitter, believe it or not, which offers considerable rewards and incentives for players.

Fancy top is captivating the cryptocurrency faithful by turning the industry’s biggest and liveliest social media personalities into Ethereum Active NFT Trading Cards Blast scale network. Players can crush rivals by creating card lineups that have the best real-world Twitter engagement during each competition and earn cryptocurrency and in-game rewards in return.

Crypto’s biggest tweeters have enthusiastically embraced it, promoting their own playing cards or sharing their lineups, as well as boasting about how much their NFTs have increased in value in a short period of time. They are even forming private groups of holders to discuss strategies and incentivize buyers.

Launched on the Blast mainnet on May 1 by pseudonymous creator Travis Bickle, Fantasy Top would actually be Sorare if it were built around outspoken personalities and cryptocurrency traders rather than professional soccer players. The influencers in question earn a small percentage on each exchange of their cards, along with other perks, but many appear to have invested significantly in building their lineups as well.

The list of NFT “heroes” in the game includes coin trader meme of the moment Ansem, The founder of 9dcc Gmoney, The founder of the explosion, Pacmanfamous strange tweeter Greg16676935420, The creator of DeGods, Frankwhale NFT traders Pranksy and Machi Big Brother, and even Su Zhu, the co-founder of Crypto hedge fund collapsed Capital of the three arrows.

Farokh Sarmad of Rug Radio, with which it is merging Decipheris another of the personalities present.

It’s about more than just purchasing NFTs of cryptocurrency traders you like and putting them in a lineup for each competition, anyway. There are multiple rarity levels for cards, including the ability to trade multiple lower-level cards to unlock a higher level, which provides a points boost in each competition.

There’s another curious thing to consider: the score is based on your training’s actual social media engagement, which raises the question of what counts as quality engagement and how this could potentially be manipulated.

Some of the most expensive cards in Fantasy Top. Image: Decrypt

A “hero” in question, content creator Jenn Duong, temporarily make his Twitter account private on Sunday after noticing that one of his videos on Twitter had abnormally high engagement numbers. She suggested that users were “botting” his content or artificially inflating engagement, which she feared would cause potential problems with his own game.

“People don’t want to behave properly and I’m not going to risk messing up my algorithm X,” he tweeted, adding: “Please don’t ruin my shit. I don’t need it. I bet on myself and I want to win on my own merits.

“You are messing up the systems for other creators,” he added.

But the hype around Fantasy Top continues unabated, and likely peaked early Monday with the announcement of the prize pool for the first “Main Competition” that’s just getting started: over $150,000 in Ethereum (50 ETH), plus 222,222 Blast Gold that will lead to an airdrop allotment for the network, along with card packs and other in-game rewards.

While 50 ETH is no small change for a cryptocurrency game that launched last week, the much bigger prize could come from Blast Gold. Crypto industry observers estimate the value of each Blast Gold greater than $10bringing that portion of the prize pool potentially well above $2 million in total.

Players rushed to purchase cards on the Fantasy Top marketplace, generating millions of dollars in trade on the growing Blast network in the process: matching more than 50% of total trading volume on the Ethereum mainnet as of early Monday.

A Flipside Crypto Dashboard by analyst Hildobby shows NFT trading volume worth over 7,000 ETH (over $21 million at current price) and over 31,000 total users this week.

Fantasy Top has been a boost to the denizens of Crypto Twitter, reviving the positive vibes that have been missing in recent weeks amid a market lull. But we’ll see if a fantasy sports riff with Twitter influencers has the depth and intrigue to maintain momentum after the initial novelty and incentives of the Blast Network wear off.

By Ryan Ozawa.



Fuente

Leave a Reply

Your email address will not be published. Required fields are marked *

Información básica sobre protección de datos Ver más

  • Responsable: Miguel Mamador.
  • Finalidad:  Moderar los comentarios.
  • Legitimación:  Por consentimiento del interesado.
  • Destinatarios y encargados de tratamiento:  No se ceden o comunican datos a terceros para prestar este servicio. El Titular ha contratado los servicios de alojamiento web a Banahosting que actúa como encargado de tratamiento.
  • Derechos: Acceder, rectificar y suprimir los datos.
  • Información Adicional: Puede consultar la información detallada en la Política de Privacidad.

Trending

Exit mobile version