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Crypto games have carved out a niche for themselves in the gaming industry. They’re unique and innovative and often give players the chance to earn cryptocurrency while playing.
One of the newest crypto games on the scene is Planet IX. This sci-fi game has caught the attention of many gamers worldwide. Moreover, it relies on blockchain technology and uses the IX token as its main currency. Players can use this token to buy in-game items and upgrades.
Following the buzz around this game, we chose to investigate whether it’s possible to make money playing Planet IX. Keep reading to find out what we discovered!
Unveiling Planet IX
Planet IX is a new decentralized gaming platform that lets players control their gaming experience. The platform runs on blockchain technology and uses non-fungible tokens (NFTs) to give players actual ownership of their digital assets.
Planet IX team believes decentralization will allow for a fair and sustainable gaming ecosystem. The platform aims to be interoperable with other systems, establishing a standard in the gaming industry. In this digital world, players can earn rewards for their contributions to the community.
Cryptocurrencies are still evolving, but they have the potential to be a global, instant, and low-cost payment medium. Systems like Polygon make it possible to process micropayments and transactions quickly and efficiently.
Community collaboration is essential for the development of Planet IX. Players can add value to the game by developing PIX Territories or acquiring Landmarks. The possibilities of what users can create in the metaverse are endless and offer players the opportunity to earn rewards.
Understanding the Team’s Vision
Before learning more about the project’s details, it is fundamental to understand the team’s vision. The game’s developers want to create a platform serving as the bedrock for next-generation gaming platforms and the emerging metaverse.
With this in mind, they focus on developing tools to decentralize and empower the gaming community. Additionally, they aim to help individuals use their passion and skill to play and build businesses within the virtual world.
This vision is highly ambitious. However, the team seems to be well aware of this fact. Therefore, the developers are constantly looking for new ways to improve their platform and make it more accessible to users.
A New Play-to-Earn (P2E) Experience
Planet IX is entering the market as a free-to-play Play-to-Earn (P2E) game. P2E games are online games where players can earn real money while playing.
This is possible through various methods, such as in-game microtransactions, staking, and completing in-game quests.
Free-to-play games are a popular business model, allowing players to try the game before investing any money. This business model has been successful for many games outside the crypto world, such as League of Legends and Candy Crush.
Playing P2E games comes with numerous benefits. For one, it allows players to earn a passive income by playing the game they love.
Another great advantage is that it provides a level of skin in the game for all participants. This means that everyone is interested in the game’s success since they are directly profiting from it.
This creates a strong community and player base, as everyone works towards the same goal.
The team behind Planet IX is very excited to bring this new type of game to the market. The founders strongly believe that the project has a bright future.
We may say that the game is a lot like a cross between Monopoly and The Sims. Additionally, we saw a bit of Farmville thrown in for good measure.
Specifically, players can acquire land, build facilities, and process or burn Waste to generate Energy. Anyone can stake Energy to obtain the game’s native utility token, IXT. Finally, players can raid other players’ land to help clean it up and keep any bounty.
The Role of the IX Token in the Project’s Ecosystem
The engine of Planet IX consists of its native token, IXT. This token is the key to playing the game and accessing its features. The platform uses IXT as in-game currency for rewards and to confer voting rights to holders.
The game’s economy relies on fungible assets, so the gamification of a fungible asset is essential to the game’s design. The play-to-earn model incentivizes active players and stakeholders with rewards.
IXT has a four-year vesting schedule helping secure the game’s stability for years to come. Those inexperienced in “vesting” should know this is a fundamental concept in the crypto industry.
In short, token vesting is when a team locks up the distribution of tokens for a set period. This ensures that those receiving the tokens do not sell them immediately and, instead, hold them for the long term.
This helps prevent token price manipulation and ensures that those who invested in the project are committed to its success. Moreover, token vesting helps align the team’s interests with the project’s community.
The team chose to allocate the IXT token supply as follows:
- 19.90% to early users as retroactive airdrop rewards
- 17.94% to Play 2 Earn rewards, distributed through a combination of win rate, game progress & user decisions points
- 16.70% to the founders, employees, and consultants of Nibiru Software
- 15.89% to community investors through the Liquidity Raise
- 15.66% as rewards of Staking Pools
- 8.35% to investors & advisors
- 5.55% to the Planet IX ecosystem
A Look at the Project’s Statistics
A popular crypto analytics website, Dune, has a helpful page summarizing the project’s live statistics. For instance, recent data show that over 170,000 wallets hold an amount of IXT. PIX tokens represent portions of land in the game, and the number of PIX minted is close to 11 million.
The number of weekly PIX transactions is well above 150,000. Furthermore, the amount of staked IXT has recently grown above 20 million. Lastly, the number of IXT tokens in the liquidity pools is nearly 3 million.
Quickswap is the exchange that recorded the highest average number of IXT transactions recently, followed by SushiSwap. These numbers show that the public is interested in the project and is actively using it. These are just some interesting data points that Dune provides on the project.
Playing the Game
Players of Planet IX have many different options to make in-game purchases. For example, you may acquire “packs” offering various items, some of which may be helpful in gameplay.
Additionally, you can participate in airdrops to try and win prizes. The game provides plenty of different content available for players to enjoy.
Planet IX is a game that came to life with decentralization in mind. This means the game will run on a blockchain, such as helping ensure the game is fair and transparent.
Another benefit of decentralization is that it can help reduce the cost of running the game. This is because a centralized server, which could be expensive to run, is unnecessary.
Planet IX is an exciting new game that has a lot to offer players. Many different features and benefits make it an attractive option for gamers.
Playing Planet IX is a bit like playing Monopoly: you’re trying to buy up key land areas worldwide. But instead of building houses and hotels, you can use your land to complete different tasks and earn rewards.
And, like Monopoly, the more popular areas of the world will get bought up more quickly. You should focus on the key cities and regions where people are most interested in playing the game.
The community has bought 100% of the launch of Planet IX 100%. This is an excellent sign the project has a lot of promise. And since they’re self-funded, they’ve been able to grow their team to over 50 people and expand the game.
There are also lots of exciting giveaways and other rewards announced on their social media accounts. Therefore, you may want to check out the project’s pages on Twitter, Instagram, or Telegram.
Wrapping Up – A New Sci-Fi Game on Polygon
Planet IX is a new sci-fi game on Polygon that can provide players with numerous opportunities. With a focus on decentralization, the game comes with several benefits, including fairness and transparency as well as an opportunity to earn as you play. Additionally, the team has grown quickly and reached more players.
If you’re looking for a fun and exciting new game to play, you might want to check out Planet IX. The project’s official website has all the information you need to learn about Planet IX.
