Future of GameFi?? Crypto,Bounty Temple’s NEW Play-to-Earn Evolution (P2EE) Explained!!

Introduction: 

Play-to-Earn games took the crypto space by storm, attracting players keen on earning real-world rewards while progressing through the game’s levels. Who wouldn’t want to earn while having fun? But after a while, many games faced the issue of losing player interest as market conditions changed, where the NFTs and tokens’ value plummet and demand evaporates. This is the problem that Bounty Temple, who is also our sponsor for this video, is trying to address with their new “Play-to-Earn Evolution” model, which engages players through immersive gameplay and a stable reward system. Be sure to watch the video to the end to learn about this potentially game-changing concept!

What is Bounty Temple ? 

Bounty Temple is an upcoming GameFi project on the Polygon network, backed by ATF Capital. It is being built by Orasis Studio and according to the team, will be the first of a hundred games from the studio.

How to get start Bounty Temple:

To start playing, you’ll need to get your hands on a starter NFT, called the Bounty Temple Monument or BTM. You can purchase, rent, or even craft one!

Core gameplay Mechanics:

The core gameplay revolves around two systems, the bounty machine system and the building system, with the goal of raiding other players’ villages where you can earn rewards that help you level up your own village. With the bounty machine system, players will spin their BTM to determine their next action – whether it’s to attack, steal, shield, etc. There’s a spin limit which depends on the class of the NFT and the mana it possesses. Meanwhile, the building system focuses on building and acquiring villages, which increases your gold-earning potential in the long run. Each village has five buildings, each having 5 levels of upgrades to unlock. Once all the buildings are maxed out, players can move on to building their next village, with each new village requiring more gold to build.

What is K-Runes? (Limited Edition NFT):

Here’s an exciting twist though, aside from the standard Bounty Temple Monument which every player starts with, there is also a limited-edition NFT collection called Kraken Founders Runes, or K-Runes. This is a special collection of 21,000 NFTs that enhances gameplay for holders, who can enjoy exclusive privileges such as Mystery Box airdrops. The airdrops are time-based so the earlier you own a K-Rune, the more airdrops you’ll get. K-rune holders also get Special Traits to boost actions, which can be passed down to new generations of BTMs via the crafting system. You see, holders of K-Runes get the privilege of crafting special Gen-Zero BTMs which inherit the special traits that come with the K-Rune it is crafted with. For instance, let’s say your K-Rune came with a “Gold Rune” Trait which entitles you to earn extra gold when you spin the ‘Gold’ action with your BTM. You can then craft a Gen-Zero BTM which possesses this trait. The trait can then be further passed down to new generations of BTMs. On top of Special Traits, K-Rune holders also get the benefit of “Trait Rewards” which unlocks increased earning capabilities. While Special Traits can be passed down to further generations, Trait Rewards remain exclusive only to K-Rune holders. Trait Rewards work by entitling K-Rune owners to a 1% cut of the sale price of BTMs that inherit their Special Trait “DNA”, every time that it is traded on the marketplace. This significantly expands the earning potential for K-Rune holders, encouraging long-term ownership of NFTs rather than just focussing on flipping them for a higher price. The K-Rune NFTs are available in four bundle tiers, each varying in the number of K-Runes it holds. Every bundle also comes with an exclusive Kraken Membership NFT which serves as proof of ownership. Each wallet is only allowed to purchase a maximum of four bundles. Don’t miss out on your chance to own an exclusive K-Rune NFT! Join the K-Rune NFT Whitelist campaign by participating in mini games in Bounty Temple’s Discord channel, being a $TYT staker, participating in AMAs.

Play-to-Earn Evolution” Concept:

Now, let’s circle back to Bounty Temple’s concept of Play-to-Earn Evolution, or “P2EE”, which is meant to encourage a sustainable and collaborative ecosystem. Essentially, there are three pillars of the P2EE model. The first is well-designed gameplay that anyone can enjoy. Bounty Temple is designing the game to be inclusive with the objective of attracting players from every demographic. Players will only need to commit as little as 15 minutes a day to earn rewards. The second pillar is sustainability. This is mainly supported by various proprietary algorithms, which among other things maintain the value of their $GIA stable utility token, ensuring there is no oversupply. Aside from that, there are also mechanisms in place to protect the value and earning power of newly crafted BTMs, which encourages newcomers to join the game. This is in contrast to previous P2E games which typically have accrued outsized rewards to early adopters. Aside from that, there are robust token use-cases, and incentives for NFT burning or holding. The last pillar is a centralized scholar system, which includes a built-in rental system, automated reward sharing and payouts, and a scholar scoring system which helps with a scholar’s career progression, as well as preventing abuse.

Energia Token ($GIA):

Bounty Temple operates a double token system with the Energia Token ($GIA) and the Bounty Temple Token ($TYT) as native tokens. $GIA will be a stable token that is integrated into the core operations of the game and used to craft game NFTs, participate in events, and purchase items. It has no supply cap but the value will be maintained at $0.10 through a proprietary burn and mint system, plus plenty of use cases which act as supply sinks.

Bounty Temple Token ($TYT):

$TYT will act as the game’s governance token, but is also used for crafting, staking, and is the currency used for trading in games and on secondary markets. Future games by Orasis Studio will also use $TYT as the governance token, a strategy that aims to alleviate selling pressure caused by bearish market conditions. Players can purchase $TYT tokens on exchanges like AscendEX, MEXC, Poloniex, and BingX. $TYT holders can participate in the project’s staking program from now until either the end of Q2 or when the game launches to earn extra $TYT. On top of that, there are staking targets and as each is achieved, the leader will receive a treasure box that contains different exclusive rewards, which cannot be obtained anywhere else. K-Rune NFT holders will also earn rare in-game treasures when they stake their NFTs.

How do Players Earn? (Cycles):

As for how players earn, Bounty Temple is introducing an earning structure based on cycles. Having a multi-cycle earning model means players can earn in different ways. In the first cycle, players can earn by obtaining the BTM NFT through crafting or renting it. Holders will earn $GIA which can then be used to further boost their income in other parts of the game. With the second cycle, players earn $GIA from the rewards pool by participating in daily tournaments and routine gameplay. Bounty Temple is allocating 40% of daily revenue towards game rewards. Players can also win a share of the allocation by ranking in the top positions. The final earning cycle is through players joining a guild and participating in guild wars. Each guild will have a leader, four managers, and scholars. A third of the participating guilds will win the guild war and share the loot. Guild leaders are also eligible for a percentage of the rewards that guild members and scholars earn.

 

Outro:

We’ve only scratched the surface on Bounty Temple and the exciting Play-to-Earn Evolution model they’re developing. To dive more into the ins and outs of their gameplay, tokenomics, and more, visit their website at https://bountytemple.com/. If the game piques your interest, explore their limited-time K-Runes whitelist campaign and staking program! Let us know in the comments below what’s the most exciting thing about Bounty Temple that you’re looking forward to.

Disclaimer:

This is not financial advice, I am simply talking about my experience with cryptocurrency. If you want to invest in cryptocurrency please do your own research and invest at your own risk. We recommend that as a consumer, you exercise your due diligence and research any and all strategies recommended to you before adopting them in your own business. We and other encompassed entities are not responsible for any damages that result from an effort to implement the information provided in this or any other video, article, social media post, and related publications.

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