Since the inception in 2018, CropBytes has been on a mission to make sustainable economy-led gaming a source of income for web3 gamers.
After 4.5 years of building the game over multiple market cycles and growing to 650K users, we are constantly working on new features and improvements to enhance the experience. Recent updates like Asset Mining V0.5 and CBX Mining V2 are yet another step towards the vision of building a strong game economy.
This new release created an opportunity for farmers to get over 200% ROI through markets like FRF, CAF, and PMIX which saw a massive increase in their price.
Let’s deep-dive into what’s cooking at CropBytes.
MARKET WRAP & METRICS - Sep 2022
Total trading volume of ingame assets: $647,000
Total assets minted: 4944
Active farmers in September: 15,623
Total CBX burnt through Asset Mining: 2,567,601
Total CBX burnt through Pro Animals: 1,374,000
Total CBX minted: 3,165,146
WHAT HAPPENED AT CROPBYTES THIS MONTH?
Asset Mining V0.5 has been one of the highlights of the month. CropBytes assets follow deflationary protocol which means there is only a limited supply of assets. Asset mining v0.5 brings the opportunity for players to mine their own assets in the farm which was not possible so far. Till now a total of 4,944 assets have been mined.
CropBytes Community has been growing steadily. We are currently at around 75K community members across Telegram, Discord, Twitter, Instagram and Facebook. We’re also connecting with folks on TikTok and exploring ways to grow on Reddit as well. We have crafted a new incentive mechanism for our hard-working soldiers and farmers connecting with the CB-XPs. Earning these will allow farmers to unlock assets of their choice from the list of CB assets. So far we have given away over 4000 CB XPs till now for different community giveaways.
PARTNERSHIPS
We’re super stoked about our collaboration with Polygon studios. CropBytes has been running on an innovative hybrid model to make the onboarding process of users easy. Now, we’re all set to launch our assets on-chain on Polygon, which is a step towards true ownership: the promise of decentralisation. This also means that the data of new assets supply will be visible to all on-chain.
Here’s what Polygon has to say about us:
NOTABLE MENTIONS
WHAT’S NEXT AT CROPBYTES
Service Economy: Today at CropBytes, we are all set to enter a new generation of Web3 games with the release of Service economy, that will allow a free-to-play game while also providing gaming jobs in the metaverse.
Tokenisation of Assets: As mentioned before, our assets will be listed on Polygon Chain.
Asset-Mining Work: In the current version, there will be the integration of ‘work’ that will link Asset Mining to the service economy.
Animal Health Boost: CropBytes farmers will soon have an option to boost up animal health in a giffy.
FOUNDER’S CORNER
Sheryl Varghese (CMO @ CropBytes)
“We're excited to announce that Asset Mining has been a huge success! Farmers have created thousands of assets and burnt a whopping 2.5 Million CBX. Prior to the launch of Asset Mining, we released Pro-Mix which can be crafted using Pro-Animals. The community was very receptive of this new asset and burnt over 1.4 Million CBX to get the pro animals. Finally, the most awaited release of the year is behind us and we couldn't be more thrilled with the response! We’re working on coordinating multiple offline meet-ups in various countries where the community can come together and meet each other in the physical world.”
Over 10 different community activities along with giveaways were conducted where farmers have unlocked limited edition CB XPs which they will use to convert to game assets of their choice.
Our Philippines community posted their excitement about playing CropBytes with their family with us.
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