Web3 Invasion: CropBytes Monthly #10
You might be busy looking for aliens but take a moment to dive into the CropBytes monthly #10
Reddit's NFT PFP, McDonald’s Web3 campaign, Bitcoin ETFs, and so much more. The Web3 wave surged last month. But we were part of the action too! Here’s a recap of July 2023.
And hey, if you're enjoying the series but not sharing it on Twitter...we might need to rethink our friendship terms.
Note from Sheryl, CMO and Co-Founder at CropBytes
Our Q3 roadmap has generated a lot of attention, leading to several promising discussions around community expansion and product integrations for a richer gaming experience. We're thrilled to share that CropBytes will be part of a significant Web3 gaming event organised by Polygon in the coming weeks.
In addition, we're collaborating with various gaming guilds to broaden the CropBytes audience. Our private fishing minigame tournament has been instrumental in attracting and engaging gamers from different communities.
Also, we're taking the initial steps toward the CBX Burn event. And psstt… There's an added use case coming for Pro Mix. Make sure you're following us closely for these exciting updates and announcements.
Metrics that matter
Our team's recent asset and CBX market cap recalculation, using on-chain and in-game data, reveals a figure of $54 Million, even amidst a bear market.
July witnessed a surge in Asset Mining demand, sparked by an in-game price rally of Animals. This led to the creation of 3095 jobs and earnings of 11,606 CBX.
Despite the removal of Extracts, CropBytes game exchange remains a high-liquidity market, with over 13 million assets traded in July alone.
Since Extracts' removal and the change in the CBX mining logic, demand for animals has gone up, CBX mining has skyrocketed, with a whopping 3,718,980 CBX mined in July. These positive numbers reflect the resilience and potential of our growing platform.
All new features
The web3 gaming industry is evolving with AAA gaming studios entering the arena. But we’re not behind the trend. After building a sustainable economy, we’ve been focussing on improving the overall gaming experience with better UI UX, added fun gameplays with rewards, and more. You may have noticed that with the updated animations, the all new Farm Lobby and Farm Centre.
Check out the Sneak Peek at the end for what's coming!
Speed Fishing Mode: We've enhanced the Bait Fishing Mode, introducing a faster and more interactive Speed Fishing Game Mode. This new version enables you to pool in CBX and up the stakes by inviting your friends to join the competition. An opportunity to win big while enjoying a more engaging gameplay is now at your fingertips. Have you tried it yet? We'd love to hear your thoughts. Share your experiences in the comments below.
News
Q3 Roadmap: Should you have missed our Q3 2023 roadmap update, you can catch up at: https://blog.cropbytes.com/cropbytes-roadmap-q3-2023/
Our Q3 2023 roadmap is built upon four development pillars: Introduction of New Features, Enhancements in Gameplay and Economic Frameworks, User Experience Improvements, and Structural Upgrades to the Game Architecture.
We've already begun implementing these changes, bringing our roadmap to life. Stay tuned for more updates!
Opensea: Just a few months since our assets were introduced on Polygon, we've crossed the 3 ETH milestone on OpenSea. While this may appear modest compared to other games, it's worth noting that our assets are affordably priced, with the bulk of this volume driven by less expensive assets like P1 Goat, MUD, and Apple Tree. Rest assured, we're preparing to list more sought-after assets on OpenSea soon, which is expected to boost these figures. Stay tuned!
What’s brewing?
Public Metrics Dashboard: Our commitment to transparency is unwavering. That's why we're launching a public dashboard, offering an insightful glimpse into the game's economy and market trends. This will empower you to take well-informed decisions.
Spin the Wheel: Guess what's returning? The Spin and Win wheel, which has been offline for some time, is making a comeback this month. With its improved logic, it will provide daily opportunities for you to win assets.
Pro Assets going Next Level: The buzz around Pro Assets and Superheroes within our community hasn't gone unnoticed. Hence, we're thrilled to announce that the pre-announced logic changes will be rolled out in August. These include the introduction of supply limits and the integration of deflationary logic into the minting process, aligning them with our other assets.
You will also be happy to know that the Pro Assets will be on the Polygon Chain.
Sneak Peek Corner: We're currently in the midst of a comprehensive revamp of CropBytes' UI/UX. Elements of this exciting transformation have started appearing in the recent updates, which you may have already noticed.
Guess which screen is being built here, and let us know in the comments section below.
Conclusion
What a ride July has been! And, as we dive into August, the excitement only multiplies.
We'd love to hear your thoughts on the upcoming changes. After all, your ideas always spark innovative changes in CropBytes. Stay tuned for more updates!
Happy farming 🚜💨
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