The global market for NFTs is expanding rapidly. The craze around NFTs is even more intense than any of its blockchain counterparts. The interest in NFTs by brands is also intensifying. It’s all about bringing together the digital and the physical.
The NFT market has seen its own meteoric rise. It has grown to more than US$35 billion by the end of 2022 and may be worth more than US$80 billion by the end of 2025. As investments become more diverse, it is natural for them to be more liquid.
In this article, we will take a closer look at Cosmic Champs, an emerging player on the Algorand blockchain making its mark in the play-to-earn (P2E) gaming arena by allowing you to battle rare 3D NFTs in real-time. You can take to the arena to battle friend or foe, compete in tournaments and trade with fellow crews, all while exploring the cosmos!
The Cosmos Hub is a decentralized, self-executing smart contract platform. By staking COSM tokens, users are able to vote on game changes and claim unique NFT items.
In the next three sections we will discuss all the aspects of the platform in greater detail.
Cosmic Champs’ NFTs come in different shapes and sizes that fit into the following four categories: Champs, Ships, Planets, and Treasure.
The New Frontiers team has come in the form of ex-soldiers, smugglers and hotwired robots, among other cosmic misfits.
NFT ships are a base, mining operations, and vehicles in one, allowing you to explore the far reaches of space with your Champ.
The game is great fun and you get the chance to win prizes in battle or earn some money for other in-game accomplishments. But you can also spend real cash for your in-game items. This is like a form of currency, but you don’t have to use them for in-game purchases!
All sorts of weird and wonderful items lie scattered around the cosmos.
The Cosmochain $COCH token will launch in the first quarter of next year and will be released for use in the game starting in Q2 2022. The beta version of the game is expected to arrive early next year with the first official season of the game launching later that year.
Cosmic Gold: The In-game Token of Cosmic Champs
Cosmic Champs ($CC) is the governing blockchain of the Cosmic universe. In Cosmic Champs, $CC can be used to: purchase staking rewards, enter NFT game titles, build new ships, and participate in the governance of the game.
Cosmic Champs will use blockchain technology to make the creation of open source, distributed, and transparent gaming servers democratic and highly inclusive. If a new mechanic or game element is added, the majority of players must vote for its implementation in the next update.
The general principle behind P2E gaming is that the demand for the token is pinned to the success of the game itself. However, there are still many P2E games that suffer from poor user retention and that comes down to the simple fact that they are not a lot of fun to play.
The earning potential for players depends on the time they spend in the game, and the developers of games like Cosmic Champs are aiming to make that time worthwhile.
The Cosmic Champs roadmap was created to ensure that the business can continue to grow over time.
What you can do in Cosmic Champs
The way to best utilize your resources to build the perfect deck is to be strategic in where you focus your efforts. While the more concentrated your efforts become on the platform, the faster you will build your deck and the better prepared you will be for battle, especially if tournament play is what you are after.
NFTs with upgradable aesthetics are great for personalizing your game experience. You can find ways to overcome your peers in the realm of competitive play as your NFTs get more customizable as they grow.
From here, the cosmos is your limit and the journey can take you anywhere from battle arenas to owning sought-after ships and planet NFTs. The more you grow as a player on the platform, the more you inch towards that elusive cult status.
What Makes Cosmic Champs fun?
There is a popular notion among critics that P2E games are complicated, expensive, boring and have too many barriers to entry. Cosmic Champs is founded by multinational gaming studio, Mad Shapes, and the game itself has been developed with the need to combat all these issues in mind.
Cosmic Champions is a great game. It is easily accessible, mobile-first, inexpensive, fun to play, and fast-paced. Players who spend more time and energy in the game are rightfully rewarded by winning great prizes.
In terms of the pace of gameplay, Cosmic Champs is no different than any other game that requires players to quickly react to different situations and environments on screen. What sets Cosmic Champs apart is that in addition to the game’s standard core mechanics, it also includes in-app purchases, an esports mode, and a host of cosmetic items such as P2E and NFTs.
What the future holds
Saying that the future looks bright in the NFT gaming space is an understatement. Growth in the NFT market has been incredible. Recent growth has not only seen bigger brands jumping on the NFT bandwagon but also a new wave of smaller developers and gamers embracing NFTs.
NFTs have grown in popularity as a way for investors to diversify their portfolios by investing in something they already own. And, as a result, NFTs are now increasingly being seen as assets, similar to other commodity-like assets such as gold and silver.
It turns an otherwise financially non-rewarding hobby into a rewarding one. That’s why it can become a great way to earn money online.
Featured photo source pexels.com