âď¸ @themikesteez
To help me tell this story, Iâd like to introduce you to two charactersâŚ
These are my two NFTs for the RPG dungeon-crawler game Crypto Raiders (the NFTs live on the Ethereum mainnet as ERC-1155 tokens, while the game itself lives on L2 Polygon / MATIC).
Cute huh?
No, NOT cute.
These little fuckers are cold-blooded, bonafide killers, ya dig?
Iâve played 6 missions each, and so far, theyâre still alive, which means I can keep playing.
In Crypto Raiders, if your NFT character gets killed, it experiences permadeath and ends up like this:
Dead Raiders canât be used anymore, which means:
- You lose your initial investment in that NFT (I see some of these dead Raiders listed for sale, but I doubt anyoneâs buying them)
- You canât play the game unless you buy a new character (which is why I got 2)
This element of potentially losing my character (along with the money + time Iâve invested) adds an extra dimension to my gaming experience.
Whenever my little guy or gal explores the gameâs dungeons, youâll find me with muscles tensed and jaw clenched because I never know when something might pop up and kill them.
Itâs similar to the feeling of watching a thriller, but more intense because I actually have something at stake.
I discovered this game when I saw the dev teamâs blog post about integrating Crypto Raiders with the Loot project to offer Loot items as dungeon rewards.
While the details âare still in the worksâ, the simple version is this (subject to change):
- When players decide to raid a special LOOT Dungeon, loot will be randomly dropped and awarded to a player
- Whenever a piece of loot drops, the holder of the Loot bag from which it came gets paid a reward in $AURUM (Crypto Raidersâ in-game currency)
If youâre unfamiliar with Loot, itâs an NFT project of ârandomized adventurer gearâ created by Vine co-founder Dom Hoffman.
But instead of 3D renders or cartoon sketches of this âadventurer gearâ, Loot is simply a text description of the gear.
This is what a Loot NFT looks like:
Yup, thatâs literally it.
And before you roll your eyes, keep in mind that Loot generated $46 million in sales.
Hereâs the thing â the visual representation of this NFT (text descriptions of items) isnât what matters.
What matters is the potential these Loot items represent.
It basically sets the foundation for people to build on top of...which is exactly what Crypto Raiders is doing by integrating Loot into the game.
Itâs an example of one blockchain project integrating elements of a separate blockchain project to create a totally new experience.
Hereâs what the Crypto Raiders head of growth tweeted about it:
Loot is the ETH of gaming.
— Sophisticated Art Speculator (@SpeculatorArt) September 4, 2021
And that's why Cryptoraiders is going all-in on building on top of the Loot Ecosystem.
We are just getting started.
Read more about our LOOT Dungeons below
While I'm not a Loot holder, I'm pretty freaking excited to see where both projects go.
To learn more about Loot and see some of the derivative projects that have already popped up, tap here.
To learn more about Crypto Raiders, tap here.
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All investment strategies and investments involve risk of loss. Nothing contained in this magical newsletter should be construed as financial or investment advice. Weâre just two brains connecting through cyberspace and shooting the shit about the wild world of blockchain gaming, where buzzwords like âcryptoâ and âNFTsâ roam freely. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Remember to do your own damn research and donât just ape into things like I did with all those shitcoins from the Spring 2021 bull run.