Preparing for 2024: CropBytes Monthly #11
Welcome back faithful readers and others who better hit that ‘Subscribe’ button below.
Let's explore the route we took and where we are steering this ship in the coming months. But first, A note from Sandeep Kumar, our Founder and CEO.
“Predictions from data.ai and IDC suggest that mobile gaming is poised for a dominant role in the global gaming landscape in 2023. This upbeat projection comes after a challenging 2022, the year that experienced the sector's first annual revenue decline.
However, preliminary indicators for 2023 suggest a possible rebound is in the works. Projects that excel this year stand a good chance of achieving considerable success in 2024.
We're keenly focused on attracting a broad audience in the upcoming market cycle and are proactively developing our product and forging alliances to achieve that goal.”
Digging into August 2023, starting with some numbers that matter.
💎Total Trade Volume: 14 Million+
💎Monthly Unique Active Players: 12K
💎New Sign ups: 6K+
💎CBX Holders: 202.28K
💎Asset Holders: 229.31K
💎Total Value of Assets + Tokens in game: $7.96 Million
Metrics Portal - But why?
Picture us at the intersection of the well-trodden roads of Web2 and the shiny, still-under-construction highways of Web3. We're already operating in a sweet spot! 🛣️
While web3 tech brings some game-changing innovations to the table, let's be real—it's not here to completely rewire the DNA of gaming. Rather, it's like the cherry on top.
So, what's the hold-up, you ask? Why aren't we making headlines on DappRadar or CoinmarketCap just yet? Well, until the likes of Steam and Blizzard can shake hands with blockchain elements, or until analytics platforms can figure out how to display our metrics without us having to migrate our entire game to a blockchain, we needed a solution. 🛠️
Introducing Our Very Own Metrics Portal - https://www.cropbytes.com/cb-dashboard
Since not all of our gaming activities and transactions are on-chain, we took the initiative. We've created our own metrics hub where you can keep tabs on everything that matters—daily active users, total value locked, and a whole lot more. It's the information you didn't know you needed, but now won't be able to live without. 🎮
So while we wait for the rest of the world to catch up and discover this amazing confluence of Web2 and Web3, we're not just twiddling our thumbs. We're laying down tracks for the future. 🛤️
Why Our New Mining Logic is Pure Gold 🏆
Let's talk value. Just like gold, an age-old symbol of wealth and splendor, CropBytes assets carry intrinsic value that goes beyond mere pixels and code. But how closely do they align with the 'gold standard'?
Deep Roots in the Game 🌳
Gold has been cherished for eons; likewise, CropBytes assets have been clung-to by players for over half a decade. That's ancient in web3 years!
More Than Just Glitter 🌟
CropBytes assets serve as a stable medium of exchange. We're talking about at least 13 million trades every single month. That's not just sparkle; that's fireworks.
Invest Now, Reap Later 🌾
CropBytes assets are seen as a long-term investment. Players are sitting on veritable mountains of digital assets.
Beyond the Game: The Power of ERC1155 🎮
Gold's versatility allows it to be molded for various uses, from dentistry to aerospace. Similarly, CropBytes assets are ERC1155 tokens, which can find a home not just in our game but also in other platforms.
Fort Knox-Level Security 🔒
Our digital assets share these attributes, protected within the game environment from would-be digital marauders.
A Sight to Behold 🎨
Whether they elicit an "aww" or a "woah", CropBytes assets are made to be loved.
The Mining Logic: A Goldmine for Early Adopters ⛏️
Finally, let's dig into the crux of it all. Gold is precious because it's rare and hard to mine. The same logic applies to CropBytes assets, making them increasingly valuable as new supply is minted. Our revamped mining logic amplifies this, giving a leg up to those who saw the glimmer before the crowd.
And there you have it. Our new mining logic isn't just a feature; it's a declaration of value, for how CropBytes is the gold standard in gaming. 🥇
New Pro Mix Utility
Just like soil was turned into towering skyscrapers, the in-game assets like Pro Mix are constantly finding new avenues of utility. Each added layer in the game's economic fabric creates new possibilities. It’s a satisfying job as architects of this game verse, fitting each asset into its perfect place for maximum utility and excitement.
So, let's raise a toast to Pro Mix's new use case.
What future utilities would you like for Pro Mix? Let us know in the comment section.
Great Partnerships
Success is sweeter when it's a shared journey, especially when you're ascending with trusted friends and visionary collaborators. That's why as we chart our course for 2024, we're not going solo; we're aligning with strategic powerhouses to supercharge CropBytes' potential. From great web3 tech providers to passionate community of gamers who live and breathe the virtual realm, we're joining forces with the creme de la creme.
But it's not just about finding the best in the business; it's about forging alliances with those who share our vision and excitement for the limitless possibilities of CropBytes.
Last month we connected with Arcana Net, One World Nation, Merit Circle, Avocado Dao, and many others, now building together with us.
What's brewing☕️💻
CBX Burn🔥
Facing the heat, are we? The community's clamor for sending CBX to the burning hell isn't falling on deaf ears—rest assured, we hear you loud and clear. But token burning isn't a bonfire party; it's a calculated maneuver that requires the right timing and strategy. For the first time ever, we're peeling back the curtain and showing you the tokens lined up for future combustion. Transparency isn't just a buzzword for us; it's a commitment to our invaluable investors.
And for our hard-to-impress players—yes, we see the 'constructive mud' you've been slinging in the community forums. Know this: when the moment is right, the burn will happen. Our every move is designed to maximize value for our community, no shortcuts. Patience is the name of the game, and when the time comes, expect fireworks. 🎇
Breeding Updates: Setting the Stage for Pro Assets 🐣
Firstly, we're introducing a definitive supply limit for all Pro Assets including Gen 1As and Gen 1Bs. This is a calculated move aimed at long-term asset value and stability. Once this supply limit is in place, the assets will go on chain, opening up a new spectrum of opportunities and functionalities.
Shift in Breeding Requirements: Enhancing Asset Value
Breeding was introduced a few years ago with a static value logic. Those who took advantage of this early on are in a favorable position. As new assets are minted under the updated logic, the value of these early-minted assets is set to increase.
But if you're new to the game, don't worry. The supply of these special assets is limited, making any time a good time to acquire them. Whether you've been with us from the start or are just getting on board, there's value to be had for everyone.
In summary, these updates are aimed at fortifying the asset ecosystem while providing new avenues for growth. Stay tuned for more details.
The XPs System
We're rolling out an XP (Experience Points) Progression System in CropBytes that isn't just a measure of time spent in the game, but a dynamic gauge of players' skills and accomplishments. From tackling tasks to hitting crucial milestones, the XP system is designed to make every action in the game more meaningful.
Tracking and Displaying XP:
Farmers should not only earn XP but also know where they stand. A real-time, visible XP tracking system will be integrated into the game interface.
Balancing XP Progression:
Too easy is boring; too hard is frustrating. We're finding that sweet spot where the XP system is both challenging and achievable.
Persistent Progression:
Your XP journey with us isn't a sprint; it's a marathon. Your accumulated XP will be a long-term measure of your skill and dedication.
When the game evolves, so will the XP system. Periodic updates will keep the experience fresh and adapt to the evolution of the gameplay.
Before you go, are you looking to build the future of gaming? Join us: check out job opportunities at: https://blog.cropbytes.com/jobs/
Its simple, just👇
Signing off, we're not just farming crops; we're cultivating a universe of endless possibilities. See you next month.