Our social lives and gaming are converging to create a massive, fast-growing economy of virtual goods consumption. It is estimated that revenues from the virtual gaming world could grow from approximately $18 billion in 2020 to approximately $40 billion by 2025.
The continued shift in monetization by game developers is a key dynamic in this growth trend. Players are increasingly moving from paying to play premium games to free-to-play games, and developers are making money by selling players in-game items to enhance gameplay or social status in these virtual worlds.
We are increasingly concerned about digital activities, especially for the younger generation. Today, about 1/3 of our lives (about 8 hours a day) is already spent watching TV, playing games or social media. As we spend more time on these digital world experiences, we are also spending more money in these digital areas to build our social standing in these online communities, metaverse and gaming are the inevitable future trends!
The design of TribeKing is inspired by a fantastically beautiful town from Switzerland called TribeKing. Located at the southern end of the Swiss town, surrounded by beautiful mountains, lakes and forests, the feel of the game will incorporate as many visuals as possible to evoke an immersive and relaxing experience for players of TribeKing.
TribeKing is a farm game based on BSC’s “DeFi+NFT”, which aims to provide a fun, free and open NFT game platform for its players.
TribeKing increases player engagement and entertainment through incentive distribution. tribeKing not only brings users a fun and open GameFi gaming platform, but more importantly, it uses a revolutionary pass economy system that nicely combines the best of DeFi and NFT, using financial mechanisms and gaming systems to empower players and reward them for their game and ecosystem, creating a truly unique and lasting easy to play and earn agri-ecosystem.
In order to start the game, each “future farmer” of TribeKing Farm will need to create an account and will be given an in-game avatar to start the game, which will be linked to a wallet (e.g. SafePay) where the farmer will store his game items and confirm transactions.
Each player will represent a farmer of TribeKing, represented by an avatar in the game, through which players can communicate with each other. First, players need to go to the seed store to buy seeds, which are created in the form of NFT. After purchasing seeds, players will be given land assigned by TribeKing, and players will plow and plant the seeds and wait for the fruit to be harvested in the early hours of the next day.
TribeKing’s Play-To-Earn model is an important shift in the gaming world, as traditional in-game asset trading is only within the Yusei ecosystem, making it difficult for players to trade or sell their digital assets outside of the platform.
TribeKing’s P2E model has the following features:
(1) Using DeFi’s Farming solves part of the problem of pre-draw. Some players will be attracted to the game because of the revenue, or some people who are not originally players will be attracted to the game because of the revenue.
(2) TribeKing will plan NFT in the second phase. NFT makes Farming itself not to produce the problem of liquidity flooding, and the playability and mechanism of TribeKing game can attract players to join continuously.
(3) Farming revenue helps to improve the player retention rate of the game in an attempt to address the problem of over-pressing players that exists in F2P games.
(4) The ultimate goal of TribeKing P2E is to achieve DAO governance, enabling the community (player guilds) to participate in the governance, voting and revenue distribution of the project.
All the development of TribeKin is based on the promotion of Metaverse Global Foundation LTD, a global innovation fund registered in Singapore, which focuses on GameFi and NFT. The whole future development will focus on the core of TribeKing global ecology, focusing on high z-quality chain tour and metaverse projects, and investing around the construction of TribeKing ecosystem.
The strategic objectives of Metaverse Global FOUNDATION LTD fund will be divided into two phases.
Phase I: to build an ecological alliance of blockchain gaming industry with TribeKing as the core.
Phase 2: It will work to build a digital asset circulation network unfolding with TribeKing.
The Metaverse Global Foundation LTD fund will incubate the GameFi ecosystem based on TribeKing one after another, while adding value to these virtual worlds by developing the content and economy of these games.
TribeKing team members come from all over the world and the team composition fully reflects the spirit of decentralization. Since 2017, the team consists of experienced smart contract developers and professional project operation team.
The financial incentive that TribeKing brings will drive increasing player engagement, and this will be an extraordinary agricultural GameFi product that has the potential to surpass FarmersWorld.
We believe in a future where work and play are merged into one.
We believe in empowering our participants and giving them economic opportunities.
TribeKing’s ultimate vision is to be the next epochal decentralized / community / developer friendly farm economy meta-universe platform, PLAY TO EARN, CREAT TO EARN!