Internet craze NFTs are expected to have an enormous impact on the gaming industry. This new technology has the potential to change the online video gaming industry's economic potential.
With NFTs and the metaverse concept, you may see a technological revolution that is taking place right now. Such a project, such as Star Atlas, is helping to pave the way for the next wave of video games. Star Atlas is creating a virtual gaming environment set in the distant future with a dual token economy.
NFT-based diamonds can be found in the wide nothingness of space by players of this game. NFT-based in-game assets and a unique graphics engine are used to create a metaverse experience in this blockchain-based game.
What Is Star Atlas?
Based on blockchain technology, Star Atlas is a great strategy video game set in space. It is a massively multiplayer virtual world set in the year 2,620, in the distant future.
Nanite, a feature of Unreal Engine 5, is used to produce cinematic-quality video games and visual experiences on the gaming platform. Trade
Trade, acquisition, and creation of non-fungible tokens (NFTs) in the metaverse allows players to enjoy an economy that is similar to the real-world economy.
Star Atlas is built on the Solana blockchain, which has a transactional capacity of 50,000 TPS; therefore, it stands to benefit from that (transaction per second).
Solana claims to be one of the quickest, most secure, and censorship-resistant blockchain networks that can be used to build decentralized apps. Transaction fees in Solana range from around $0.00025 to $0.0005 for each transaction.
The gameplay of Star Atlas
Gameplay
The Star Atlas game's universe is vast, and players must traverse dangerous and difficult landscapes in order to amass resources and outsmart their opponents in the metaverse.
Players can form decentralized autonomous organizations (DAOs) to manage individual regions in the game or work together to establish entire cities and microeconomics. While playing, players can earn real-world currency from the virtual stuff they've gathered. In this game, you have complete control over your in-game items, unlike most centralized gaming platforms. A secondary NFT marketplace will allow players to sell NEFT-enabled in-game objects they have accumulated in the game for cash.
Participation in this game can be financially rewarding if players are encouraged to monetize their time spent in the game.
Star Atlas has a large number of deflationary assets
Game’s market
A new deflationary mechanism in Star Atlas encourages players to take on larger risks in exchange for greater rewards. For example, a player can risk their own safety by venturing into the most dangerous areas of the metaverse in order to reap the rewards of a more challenging adventure. The NFT-based spaceship the player utilizes to traverse through the game's darkest sections may become lost or permanently destroyed. This will cause the asset to be burned, and any players who survive the danger zones will be able to collect the NFTs rescued in the process.
Consumable in-game items will further contribute to the deflationary nature of NFTs, as they will be disposed of once they have been used. Construction materials, fuel, and other objects that offer a player's avatar a momentary boost will be included in this category.
Star Atlas DeFi Financial System
The Solana blockchain and the Serum DEX are both directly integrated into Star Atlas (decentralized exchange).
Players of this game will be able to communicate with DeFi systems equipped with smart contracts as a result of Serum's integration.
Several Solana and Serum assets can be borrowed or loaned to players. Automated market-making on multiple liquidity pool pairs and yield farming opportunities will be available to them, and they will also be able to earn trading fees.
What Is the ATLAS Token from Star Atlas?
The entire metaverse economy will run on ATLAS tokens. First, the ATLAS token will be used to buy in-game NFT commodities such as personnel, spaceship, land, and other essential equipment.
This coin will serve as the platform's primary currency and accounting unit. ATLAS will likewise dominate the Star Atlas NFT marketplace.
Distribution of the ATLAS Token
First, 80% of future ATLAS tokens will be given to players who perform well in the game. Twenty percent of the original ATLAS will be offered to interested parties. There will be mining stations for 45% of the resources and resource gathering for the platform's development for the remaining 15%.
What Is Star Atlas (POLIS) Token?
POLIS serves as the Star Atlas metaverse's main currency. As a result, POLIS token holders will be able to influence the development team's decisions.
Distribution of POLIS Tokens
In order to distribute this token, there will be two stages. During the first phase of the Galactic Asset Offering, 20% of the token supply will be sold. Token holders who stake their POLIS tokens will get the rest of the tokens.
Security protocols are in place to secure the Star Atlas network
The Solana blockchain will host Star Atlas. This blockchain is the only one now capable of hosting such an ambitious game, thanks to its lightning-fast transaction times and ultra-low transaction fees.
Layer one blockchain with partial Byzantine Fault Tolerance, Solana is a proof-of-stake consensus system. An estimated 50,000 transactions may be processed per second by its 200 nodes throughout the world. Solana's multi-threaded transaction processing and coordinated optimizations set it different from other blockchains with slower transaction speeds.
Is it Possible for Star Atlas to hit one dollar?
It's difficult to tell if this game will be able to meet this price target because the team hasn't released the total amount of tokens. It's unquestionably one of the most ambitious blockchain games to date, and it's backed by some of the biggest names in crypto. If Star Atlas is able to deliver on even a portion of its lofty whitepaper goals, it is reasonable to predict that the value of its tokens will skyrocket.
Conclusion
Vast metaverse
Star Atlas is paving the future of NFT-based blockchain gaming. It is a fantastic start to link gamers in a flourishing DeFi enabled economy that the platform has integrated NFTs, blockchain technology, and virtual reality gaming experiences.
A dual token economy built atop Solana allows participants to participate in the project's future trajectory while benefiting from the platform. Players will be able to earn and exchange NFTs with the ATLAS token, which will allow them to do so. Furthermore, they will be able to embark on quests in search of fabled treasures.
Using Unreal Engine 5's Nanite, Star Atlas will provide players with a visual video gaming experience unlike any other, thus completing the overall experience.
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