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Take Advantage of Wizardia NFTs to Boost Your Economy

Cryptocurrency Jan 27, 2022 09:30AM ET
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Take Advantage of Wizardia NFTs to Boost Your Economy

  • The first phase of Wizardia’s Arena Genesis NFT public sale will be conducted in early February.
  • NFTs are staked in the platform and owners will reap rewards in the form of tokens.
  • Wizardia is giving away $10,000 worth of prizes to its community for its airdrop.

We are progressively watching the growth of the gaming space — not just in terms of plot, character, and gameplay, but also in terms of the underlying economies that constitute the financial foundations of the project as the NFT and Metaverse gaming sector continues to progress in 2022.

This is demonstrated in Wizardia, an upcoming Play-to-Earn fantasy Metaverse game in which players take on the role of one-of-a-kind wizards represented by NFTs, competing against one another to collect valuable resources and level up their NFT avatars.

Wizardia is built on the Solana (SOL) blockchain, a low-cost Proof-of-Stake (PoS) network that became one of the most popular sites for decentralized application (dApp) developers to launch in 2021.

Most importantly, Wizardia’s in-game Wizard NFTs comprise a two-NFT economy and this generates royalties over time, another aspect of the game’s NFT-based economy that has drawn attention in recent weeks.

Earn Royalties for the Duration of the Game

Wizardia’s in-game Wizard NFTs are accompanied by Arena Genesis NFTs, which grant holders exclusive rights to royalties from all future battles and transactions in the game’s Battle Arena. This means that early investors can buy Arena Genesis NFTs and then sit back and collect ever-increasing royalties as more players join the game world and fight in Arena combat.

Arena Genesis NFT holders, for example, are not required to participate in gameplay; instead, the NFTs are staked in the platform, and owners will receive tokens as a return. Arena Genesis NFT holders will accumulate royalties on in-game transactions over time, similar to revenues generated from a company’s successful activity.

A short look at Wizardia’s revenue prediction calculator indicates the possible royalties for investors who buy in during the Arena Genesis NFT private sale’s first-round which amounts to at least 100% ROI (return on investment) every month, assuming a player base of 30,000.

This is an investment that will pay off for the duration of the game’s existence. However, please keep in mind that this is merely a prediction based on a variety of factors such as the number of daily game users, the number of daily fights, and the Wizardia token (WZRD) price, no royalties are guaranteed.

Enjoy the Benefit of a Novel NFT Economy

As Wizardia goes through each round of its public sale — of which there are seven, the potential royalties to be obtained from Arena Genesis NFTs increase according to the increasing price of the tokens. The price of NFTs varies dramatically between rounds one and seven of the private sale, ranging from $125 per token to $445 per token.

While there is a clear incentive to participate in the early stages of the sale, Wizardia’s royalty generation structure also allows late-stage investors a fair opportunity of earning significant benefits. This is because the value of Arena Genesis NFTs organically rises as more people join the game. Additionally, a portion of the royalties collected from successive sales rounds will be distributed to early-stage investors, implying that they will begin earning royalties even before the game’s first fight is fought.

Fundamentally, with Wizardia’s Genesis NFTs the token does not need to be sold to generate continual royalties but instead, it will act as early-bird royalties in the ongoing progress of the project.

The first stage of Wizardia’s Arena Genesis NFT public sale will be done in early February. Later on, more phases of the sale will be conducted throughout the early part of 2022.

Moreover, Wizardia is giving away $10,000 USDT with prizes to its community members who participate in the airdrop. The airdrop which ends on February 7 will see 90 lucky members emerge as winners, randomly selected, and all distributed on Binance Smart Chain.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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Take Advantage of Wizardia NFTs to Boost Your Economy

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