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Is My Neighbor Alice Token (ALICE) A Good Investment?

My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends.

Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds – a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade Non-Fungible Tokens (NFTs).

What is My Neighbor Alice?

My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends.

Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds – a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade NFT:s, even if they have no idea what an NFT is.

My Neighbor Alice places the community at the core of its governance process, inviting ALICE Token holders to join the DAO — The Community Council. 

Through the DAO, the project aims to distribute ownership to the community, allowing players to vote and propose important decisions (e.g. game development, NFT approvals, upcoming competitions, etc.).

Over time, the members of the Community Council will also manage and distribute the revenues to the team for additional game development.

DeFi elements are integrated within the gaming narrative to incentivize player’s participation and gameplay.

My Neighbor Alice plans to offer collateral-backed NFTs and NFT rentals that will enable players to rent out their NFTs and earn interest.

Key Game Features of My Neighbor Alice

My Neighbor Alice includes a variety of in-game features designed to advance and upgrade users’ gaming experience.

Players can trade their land and other in-game items, such as houses, fences, animals, and plants in the virtual in-game marketplace. 

Avatars

Each player is represented by an avatar in the game, and players could interact with others through the avatar. Players could also modify the avatar by installing different assets to it.

Virtual Islands

In the game, players could either purchase virtual plots from Alice or in the marketplace. There is a scarce supply of plots in the universe and each piece of land is represented in the form of NFT tokens.

In-Game Assets

There are in-game assets that can be deployed into the game and they can be bought on the marketplace. Among them – houses, animals, veggies, decorations, or cosmetic items for the player’s avatar.

ALICE Token

Alice token is the main currency of the game, it enables players to exchange NFTs, buy land and use specific DeFi products such as collateralization, buyback, and staking, mainly in the first phases of the game development

My Neighbor Alice Token Details

TickerALICE
Token TypeERC-20, BEP-20
Initial Circ. Supply When Listed on Binance17,400,000 ALICE
Total Token Supply100,000,000 ALICE
Binance Launchpool Allocation3,000,000 ALICE
Binance Launchpool Start DateMarch 10th 2021

My Neighbor Alice Token Allocation

Token NameALICE
Launchpool3.00% of the total token supply
Private Sale21.00% of the total token supply
Public Sale*0.80% of the total token supply
Ecosystem17.20% of the total token supply
Play To Earn8.00% of the total token supply
Marketing15.00% of the total token supply
Team and Advisors15.00% of the total token supply
Foundation20.00% of the total token supply

*ALICE tokens were sold in a public sale on February 2nd, 2021 at a price of 0.125 USD / ALICE.

Is My Neighbor Alice Token a Good Investment

We think My Neighbor Alice Token is a good investment because My Neighbor Alice, strives to make items and item ownership interchangeable with other relevant blockchains.

This is a way to increase interest and potentially liquidity, and can also be used for marketing purposes.

The target group for My Neighbor Alice Token is however not primarily blockchain gamers, so this feature has a “minor” priority.

The Chromia project, which supports My Neighbor Alice, will fund and do this development as part of the Chromia platform.

Also, they emphasize once more that Chromia Originals is richer in data compared to normal NFT:s and the scope of interoperability will primarily target ownership rather than full asset data.

In addition to Ethereum, other more gaming-focused platforms are potential targets for interoperability development.

My Neighbor Alice Review?

The world has changed dramatically during 2020. With the spread of Covid-19, most of us are working from home, meeting with our friends online and spending most of our time indoors. Collaborative tools and social media like Zoom, Notion, Twitter etc. reformed our online world.

Some say that the pandemic has accelerated the process of moving things online — one step closer to Ready Player One At Antler Interactive, My Neighbour Alice’s goal is to create games that introduce players to new ways of interacting with emerging technology — at the forefront of the gaming industry.

In Summer 2020, we started off the design for My Neighbor Alice — inspired by Animal Crossing, which wants to offer users a relaxing experience in the world of Alice but also monetary incentives through the introduction of Non-Fungible tokens and blockchain technology.

My Neighbor Alice develops its game economy on the blockchain to reward players as they participate in the game and to distribute ownership of the game items.

The project has raised 2.2MM USD from two rounds of token sales, where 21.00% of the ALICE token supply has been sold at 0.100 USD/ALICE and 0.80% sold at 0.125 USD/ALICE.

The project has raised 2.2MM USD from two rounds of token sales, where 21.00% of the ALICE token supply has been sold at 0.100 USD/ALICE and 0.80% sold at 0.125 USD/ALICE.

Excited for the new journey? Let’s take a look at some of the fun things you will be able to experience in the game.

Ways to Make Money From My Neighbor Alice

One of the strategic visions within My Neighbor Alice is to create monetary incentives for the most committed and motivated players. Here are possible ways to earn passive income with my neighbor Alice

Staking yield

Based on our staking and reward projections, we will allocate a fair amount of tokens on staking rewards. This will incentivize stakers to hold their tokens during the early stage of the game development when some game features will still be under development.

NFT collateral

When a user buys NFT from the system, a percentage of the purchase price goes into a special collateral account associated with NFT. The user then has an option to sell it back to the system (i.e. destroy the NFT) for the price equivalent to the locked collateral (or a percentage of it).

NFT Rental

NFT:s, including land, can be rented to other players. The smart contract will make sure that the borrower cannot resell or destroy the object, and makes sure that the object returns to the owner when the rental period ends.

Final Verdict

My neighbor Alice aims to become a truly user-owned game with its own Decentralized organization called Community Council governed by the community.

Collectively, users are able to decide on the use of revenue from island sales, in-game asset sales, and traditional game distribution channels.

In the meantime, they can also decide on the project development schedule and token buy-back schemes.”

The Alice token is interchangeable with an ERC-20 Ethereum token, but also items and item ownership might be transferred to other blockchains like Binance smart chain.

My Neighbor Alice will push the boundaries of blockchain gaming by letting the users control the game and development.

A public democratic application, with formal control by players and other stakeholders such as investors.



This post first appeared on Cryptocurrency And Forex News, please read the originial post: here

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Is My Neighbor Alice Token (ALICE) A Good Investment?

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