Game Economy in My Neighbor Alice
Different from other social simulation games, My Neighbor Alice builds the entire game logic on the blockchain. What does that mean? It means all of the assets you own in the game are truly yours, and that all the actions you have completed in the game are recorded on the blockchain. In traditional games, everything is gone when the publisher decides not to maintain the game anymore. However, in My Neighbor Alice, the gaming platform is decentralized, you own everything you create and what’s better, you could get rewarded for contributing in the Alice’s world.
Introducing ALICE token
ALICE is the native currency in My Neighbor Alice. Even though it’s in the form of a “token” on the blockchain, it is really like a membership status for players in the game. Holding ALICE token entitles you to exclusive experience in the game, to vote for development proposals and to purchase items on the marketplace.
So what could your ALICE token do in the game?
- In-game currency: ALICE could be used in the marketplace for purchasing assets and also special skill sets in the game (e.g. Fertilizers)
- User designed revenue models: for land and assets in the game, owners could design rentals and visitor fees features. For example, users could charge for players that want to visit the museum on the island;
- Special game content (DLC): certain quests and special features (opening a store) are only available to ALICE holders that stake the tokens for a fixed amount of time
- Social feature: send ALICE tokens in the chats with neighbors; present assets to visitors; exchange NFT assets;
- Play to earn: to encourage players to contribute to the game and to maintain traction, there will be experience points awarded for quests completed. Those could be exchanged into in-game assets that could be transacted.
Moreover, it serves as the voting power in the decentralized governance module. Inspired by the liquid democracy model in the real world, My Neighbor Alice wants to bring you an experience that everyone could be the designer of the game.
NFTs representing in-game assets
Non-Fungible Tokens (NFTs) are a technology to create and represent unique assets on the blockchain. Different from fungible tokens like ALICE (or Ethereum), NFTs are all unique from each other and their transaction histories can be tracked on-chain. It is a technology perfect for representing assets in the game. With in-game marketplace and other general purpose marketplaces, players could exchange their NFTs and purchase the ones that they like. My Neighbor Alice creates a wide range of use cases for the NFT usage.
- NFT minting through staking and liquidity provision: holders of Alice tokens will be able to mint different in-game assets through staking or providing liquidity for ALICE token on decentralized exchanges. They could decide to sell these on the marketplace to import to the game and use it. The rarity of NFT will be tied to the time and value of the token staked and that there are assets that could be only acquired through ALICE.
- Collateral filled NFTs: NFTs are collateralized for a percentage of their value. In case liquidity is needed, burning the NFT will free the underlying asset. This feature adds more liquidity and security for NFT holders.
- NFT rentals: rent out assets (e.g. tractor for harvesting to users; a more durable fish rod; a key for a specific quest; rent a spot on the plot of someone to access certain materials). Rent plot for yield (e.g. create a community of players, combine strength (Someone is a farmer, someone is a fisherman, decorate the islands together with other players)
We have completed the first Farm Animal NFT auctions and received a warm welcome by the players community. That doesn’t mean only the official team could mint NFTs — players could also build assets in the game and issue their own NFTs. For example, the changes that a player made to his/her island, like ponds and hills created, are all recorded on-chain, and could be transacted when the island is sold.
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