Making money from video games has long been frustrating for online gaming firms. GameFi connects the gaming and cryptocurrency industries with blockchain technology. It helps to create an ecosystem that benefits both businesses.
It also enables the monetization of unprofitable gaming niches. Other notable elements include quests, objectives, an in-game marketplace, and player vs. player battles.
With the help of the Ethereum blockchain, game data, including character profiles, inventories, and purchases can be stored safely. You do not have to worry about the black market interfering with your gaming experience and always have complete control of your belongings.
As a result, you may access GameFi from any computer in the world. The unique GameFi system allows players to earn tokens by participating in games, which they can then spend on a broad range of in-game items. One of the newest GameFi tokens is the Moshsnake token. Let’s see what users stand to gain.
Moshsnake Allows Users To Earn While They Play The Snake Game
Moshsnake is a community-focused Play-to-Earn (P2E) NFT game that revives the iconic Snake gaming experience. The Moshsnake game is simple and can be played on any device. Moshsnake is a viable platform for NFTs, and it uses four NFT characteristics: stretch, pace, curve, and magnet built on top of the BNB Smart Chain with a fixed total supply of 20 million. Moshsnake also offers its users a Player vs. Environment feature (PVE).
Players on the Moshsnake platform will work for the growth and survival of their snake. The game thrives on how users control their NFT on the platform. Players can control their snake and feed it with different eggs they buy on the platform and other in-game NFT treats. They will also hunt for $MSH and other NFT objects in the arena.
Long-term $MSH token holders will be rewarded. Moshanke Token holders will get a proportionate share of the tax revenue generated by $VEN transactions (token in the wallet: total tokens in circulation).
When players hatch a Moshnake egg, they are awarded a Moshnake NFT. The players will also pay the entrance fees in Venom Tokens ($VEN) to play the PVE mode. The fees will be collected into a treasury and will be used for the distribution of rewards.
Moshnake players will fight against one another to advance the weekly performance list and capture one of the top places. Players with the greatest aggregate score at the end of the week are eligible for a prize of Venom Tokens ($VEN) from the game’s treasury.
The value of the awards will increase as the number of individuals who play the game increases. This is similar to a ranking tournament in which you can earn more money than you first invested. Furthermore, if you have access to a higher Tier Moshnake NFT, you will have the edge over the other players in the playroom, allowing you to rank higher and collect more prizes.
Shiba Inu Is Helping Users Build Their Metaverse World
Shiba Inu has been attempting to build a name for itself in the Metaverse environment for quite some time. Shiba Inu has been developing the right team to expand into the Metaverse, from hiring top talent to working with large studios.
SHIB, the native token of the platform, is built on the Ethereum blockchain (ETH 3.98%). As a result, its gas prices have been substantially higher than desired.
Projects like SHIB: The Metaverse and the Shiba Inu game will add to a broad network as the Shiba Inu ecosystem expands through its expansive SHIB roadmap.
Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter: https://twitter.com/moshnakeToken
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