Observing TreasureDAO with the lighthouse game as an entry point
W3.Hitchhiker
2023-03-06 12:00
本文约2428字,阅读全文需要约10分钟
TreasureDAO occupies the leading position of Arbitrum's GameFi, but the moat is not deep, and there are still phenomenal products in the ecosystem.

Original Author: Tiga, W3.Hitchhiker

The Beacon Game Introduction

Lighthouse gameplay introduction

Lighthouse Game is a PVE game. Players can use the up, down, left, and right buttons to change the character, and use the left and right mouse buttons to perform normal attacks and heavy attacks. There are usually 3 levels in the game, and it is easier to pass the first two levels. At this time, if you choose to give up the last level, you can get a random reward for an item. The last level is more difficult, and you can get three prop rewards after passing it.

current economic model

The current lighthouse is a weak economic model mode. You can't get tokens by playing games, you can only get NFT props, such as skin accessories, decorative accessories, etc. These accessories can be sold through the NFT market Trove Market. Lighthouse Games currently has three categories of NFTs that can be bought and sold on the Trove market, namely characters, pets, and accessories.

There are a total of 45180 characters, the current floor price is 20 MAGIC, and the number of pending orders is 824 (1.82%); the total number of pets is 4096, the current floor price is 217 MAGIC, and the number of pending orders is 278 (6.79%); the current total number of items is 33214, And as the players continue to clear the level, they will continue to produce. The current pending order volume is 4600 (13.7%), and there are many types of game items. Buying and selling is very dependent on fate, and the probability of transaction for ordinary items is not high even if the market price is listed.The handling fee for buying and selling NFT is 5% for the author's copyright, and 2.5% for Trove.

Characters can be sold in combination with skin accessories, or each item can be sold separately.

House decor items to decorate your own home or sell each item individually. To withdraw the props in the game to your own account, the game party will charge a withdrawal fee of 0.0003.

Future development route

In the future, Lighthouse games will open team battles + social gameplay, but this part has not yet landed, and the team still has a lot of work to do.

Beacon Games is currently a diamond partner of TreasureDAO (the highest level partner). In the future, Beacon Games will most likely be funded by a harvester (harvester) with 600 w MAGIC tokens from TreasureDAO.

From the lighthouse game, I am more optimistic about the chain game model

First of all, the game must be more fun than the current gamefi

The playability of the lighthouse game can be considered playable in GameFi. Most of the GameFi in the last round of bull market are not playable, it is purely DeFi. At present, when the game’s metal performance is about 0, there are many people on Discord regardless of the Chinese or English channel, who really play the game, and some players really spend money to buy rare jewelry skins and upload their own customs clearance video.

Need to have a certain earning effect

On the Discord Chinese channel, there are still a small number of pure players observed. Most of the remaining Chinese players are looking forward to the gold mining mode of the Beacon game. In addition, the game can indeed be played, and the NFT floor price of characters and pets has not jumped, and there is no need to cut meat. Loyal players still enjoy the game every day.

It's better to have a "big brother" belt

All kinds of ecology have games that start from 0, but in all aspects, there are very few projects that have made a little progress. Backed by a big ecology or a big IP, the probability of success will be higher, and the market performance will be better.

Benefits TreasureDAO brings to Lighthouse Games

Publicity support

At the beginning, Lighthouse was an unknown small project party, and it was more difficult to make publicity by relying on its own ability. In the early days, both TreasureDAO and Arbitrum made announcements for Lighthouse Games and held many AMA activities. As a relatively large-scale community, TreasureDAO has a certain scale of mass base, and TreasureDAO occupies the leading position in the game of Arbitrum ecology, and has a certain right to speak in the entire Arbitrum ecology. The announcement of TreasureDAO has greatly contributed to the popularity of Lighthouse Games.

From another perspective, the launch of MAGIC on Coinbase and Binance can also be regarded as an advertisement. When Binance launches a new coin, interested people will find out what the coin is about and how the business is doing. MAGIC tokens also have a certain volume of transactions, there will always be people who see MAGIC tokens, and some people want to know about them.

financial support

At present, at least on the surface, there is no financial support from Treasure DAO for Beacon Games. Future Beacon games will receive financial support from TreasureDAO. TreasureDAO, as a community that has issued tokens, has 15% tokens allocated to the ecological fund, and 3000 w+ MAGIC tokens can be produced through the game "mining".

According to the announcement of Lighthouse Games, the launch of Harvester (harvester) has been postponed from March to May. The lighthouse has a high probability of getting the top 600 w MAGIC token rewards, and the tokens are produced in conjunction with game activities.

Game infrastructure supporting support

Chain games in the current environment require the following supporting services:

  • DEX: Allow game tokens to be swapped with tokens such as USDC or ETH to ensure good liquidity and trading experience. At present, Beacon has not launched its own token, but Beacon also intends to launch its own BCN. In the future, when BCN is launched, it must be listed on MagicSwap on DEX and form a pool with MAGIC.

  • NFT Market: Let players buy and sell game NFT equipment. There is nothing flawed about the Trove trading market experience, but there will be a 2.5% trading market margin during the trading process.

  • Liquidity: Independent game parties need to work hard to maintain the liquidity of game tokens and ETH/USDC. Using MAGIC tokens as game tokens (usually MAGIC as a sub-currency) does not need to worry about liquidity.

Cooperation within the ecosystem

Lighthouse Games cooperated with Kaijukingz last week. Lighthouse opened a special level in the game. The animated image is that of a dinosaur. After defeating the BOSS, players will have the opportunity to draw a limited edition crown helmet accessory, as seen in the secondary market The highest transaction price was 500 MAGIC. The current floor price is 180 MAGIC.

Dinosaur is an NFT project, and the current floor price on OpenSea is 0.18 ETH.

On March 13, Lighthouse will cooperate with Smolverse of TreasureDAO ecology. The form of cooperation is also to open a special level, set up a joint boss, and produce a limited edition joint prop. Arbitrum PFP top brand Smol Brains (floor price about 700 MAGIC) is also an NFT series under Smolverse.

All-round support of TreasureDAO

Treasure has partnered with Arbitrum to launch a Game Builders Program (GBP). The main purpose is to support game developers in the Arbitrum ecosystem and support more potential game projects to enter Arbitrum and Treasure.

There are two levels of partnerships: Diamond and Gold. The diamond-level partnership is the highest level of partnership. TreasureDAO will provide all-round funding for Beacon Games, including technology, strategy, game design, listing, community building, operations and funding. The cooperation announcement was released in early February, and the specific cooperation effect needs to be observed later.

To sum up

TreasureDAO is currently the top 3 game platform projects (IMX, GALA, MAGIC). It has a certain position in the Arbitrum ecosystem, has a certain appeal in the player community, and has a certain user base in MagicSwap and Trove supporting industries. There will be more follow-up The first game will be launched, and generally speaking, TreasureDAO is relatively good, at least among the current observation projects. However, for the projects in the game sector, there are still many problems, which require long-term observation and in-depth research:

How to value, how to value correctly

TreasureDAO currently has about 600 million FDV. In this valuation, a large part of the figures are given to the community and future expectations, and this part is also the most difficult point in the valuation. The valuation of the community depends on the liquidity of TreasureDAO, but it is difficult to quantify the market's future expectations for TreasureDAO and the GameFi sector.

moat

The moat that can be thought of at present is that TreasureDAO occupies the leading position of Arbitrum's GameFi, plus the current number of player communities is still relatively large. Of course, the moat is not deep. If there is a popular game like Stepn in the future, the situation can be easily reversed.

How high is the future ceiling

The general trend of the GameFi track: The overall presentation of the game track is like a collection of game sectors, whether it is from the financing side of the latest year or the observed personnel flow. Games and social networking are also web3 products that are relatively easy to get out of the circle. Games are in line with the general trend of the gradual popularization of web3 in the future.

Platform: Arbitrum is currently the leader in L2, ecology + community + TVL are all leaders. At least in the medium term, Arbitrum will firmly occupy the position of L2 leader. When launching a game on Arbitrum, the degree of attention and player participation will be very different from other ecosystems.

TreasureDAO has taken a good position due to the right time and place. The key is human harmony. Whether there can be phenomenal products in the ecology is currently unanswerable. It needs continuous observation and one step at a time.

W3.Hitchhiker
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