We still don’t know after over a decade who Satoshi Nakamoto is. So many speculations have it that it’s a person while others say it’s a group of persons. Whether we choose the latter or the former, there’s one reality that we cannot run away from.
The name, Nakamoto, will never be erased from the history of tech revolution on earth. Thanks to the release of Bitcoin into the only planet where man is known to live comfortably for a long while.
Nakamoto Games bears an emotional connection with the name of the originator of Bitcoin. But beyond that, the game has shown a good fight for dominance in the gaming niche. From research, it is known to be one of the earliest Play-to-Earn blockchain games ever created. CryptoKitties is at the top of that list.
What is Nakamoto Games?
Nakamoto Games is a play-to-earn gaming platform offering different gaming experiences for gamers as well as developers. It’s more or less like a Metaverse that will allow gamers to have access to a lot of games on the platform while developers will have the tools for launching their games in the Nakamoto ecosystem using the SDK. All these will be done with a system for all parties to make money while playing or developing and launching games.
Nakaverse is the name of the proposed Metaverse of Nakamoto Games. If you’re conversant with the evolution going on, you’ll realize that gaming has gone beyond what you do alone or on your TV screen. VR is becoming a major part of the experience.
Playing from anywhere around the world and with anyone around the world who has access to the necessary tools has become a must for any project being developed. Then, DeFi functionalities from blockchain make it enticing users wouldn’t want to leave. Thanks to the Polygon blockchain ecosystem where Nakamoto will be launching most of its projects.
Examples of the virtual experience with games can be seen with Axie Infinity, Decentraland, and SandBox where NFTs are not just used as art collectibles but tools for making money while playing “traditional” games with more modern experiences.
The Team Behind Nakamoto Game
For any crypto project, the strength of the team is always a determinant of how good the project is and will fare. The CEO of Nakamoto Games is Chawalit Rugsasri. With an in-depth web development servicing experience, he’s been working with Sublime Solidity Inc in partnership with a lot of projects built on the Ethereum ecosystem since 2019. Most of these projects are game-related.
Phiriyaphong Phumphoang is another great fellow with good experience as a Project Manager in the IT-Real Estate industry. His experience in leading teams has influenced the decision of being the Chief Operating Officer of Nakamoto Games. Nakamoto Games also has Pak Padungpattanadis, a Blockchain Developer, and a skilled web developer, as part of the team.
Pak has serviced one of Thailand’s top real estate agencies before transiting to the blockchain industry. His experimentation with building decentralized apps and developing smart contracts comes in handy for Nakamoto Games. Pak serves as the Blockchain Developer for Nakamoto Games.
The Lead Researcher of Nakamoto Games is Tinnapob Phengpom. He has a brilliant academic portfolio, having completed doctoral Ph.D. research on renewables infrastructure, AI development, and robotics. Part of his assignment at Nakamoto Games is to design the tokenomics of the Naka tokens.
Another team member here is Rumchawun Keeratipitayaporn, the Chief Marketing Officer. Here comes the power house of Sales and Marketing strategies for Nakamoto Games. Rumchawun has done this over and over even with one of the most successful online media agencies in Thailand. With him, Nakamoto Games shouldn’t miss the Western and Eastern markets.
Thanig Punyakhomsiri and Sayrung Jaibun will serve as Lead Developer and Blockchain Developer respectively in Nakamoto Games. Thanig, being good with smart contracts, has worked with Sublime Solidity where he specializes in layer-1 development. He has been a web developer for about three years, and a tech marketer for about seven years.
Finally, crypto is his newfound love, and sure, Nakamoto Games, a place for more exploration. Then, Sayrung Jaibun, who is a specialist in blockchain-based gaming, has also helped to manage projects for several clients in Thailand and with Sublime Solidity Inc. The beautiful damsel is an icon for women in the blockchain world with a strong educational background in programming.
Real also:
How Nakamoto Games work and the Modes of Earning
In Nakamoto Games, you have all these features to have fun and earn money:
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Decentralized Ownership of In-game Assets
For any user who wants to come into the ecosystem, you can create assets by yourself in any game that is featured in the Nakaverse. Remember, that the Nakaverse is the Metaverse version of Nakamoto Games. In contrast with traditional gaming platforms, the decentralized nature of blockchain games like this gives users control over the assets they create. This is more or less saying build and earn.
In blockchain games, you can play with anyone, and anywhere at any time. Your involvement in the ecosystem gives you instant rewards based on how powerful your skills are and your ability to win each stage of games you go into. These can involve a single-player game as well as a P2P kind of game where you fight with an opponent and get rewards if you win.
Like every blockchain game, Nakamoto Games has a marketplace where users can auction their assets at a certain amount. You need no permission to transfer your assets for example, from Game A to the marketplace for sales. Once sold, you can use the money to get another asset perhaps to boost your armory in any way possible. You also have the permission to create smart contracts that can initiate these activities and more.
What is a “Metaverse” or marketplace without NFTs? This is more for users than developers. The first option is more for developers than users, where developers can also create games and deploy them in the Nakamoto ecosystem earning passively as so many users play the games. For NFT rewards, anyone can get involved in a game and then win NFTs as rewards. And these games are not limited to those created by Nakamoto Games. There are as many games as you can get involved in that have been created and deployed by developers.
Tokenomics
One very strong similarity all blockchain games have is the presence of a token that drives the economics of the platform. Blockchain has made this so possible because each ecosystem can create its money and exchange it for dollars and other currencies as permitted. In Nakamoto Games, the NAKA token is the native reward system for users and it can be exchanged for other cryptos depending on the exchange you use.
What do NAKA tokens help to do?
If you don’t have NAKA tokens, you can’t play games in the Nakamoto ecosystem. They are used for the purchase of ammunition if you’re going in for shooting games, purchase of avatars that help you to fight in combat games of P2E or P2P, or tournament-based games.
There is a weekly ritual that is done in the Nakamoto ecosystem. NAKA tokens used in games are partially burned after a pool collection. Then gamers who did well during that period, are rewarded from these partially burned assets.
Holders of NAKA tokens have the exclusive right to participate in how decisions are made, governance, in the Nakamoto ecosystem. They do this by voting on proposals sent to add, subtract or upgrade features in the platform. Another aspect of this is sponsoring individuals who are interested in seeing the platform grow.
For the core economics of NAKA tokens, the maximum supply is 180,000,000 while circulating supply is not available. As of today, 2022 Valentine’s Day, its price is at $0.5478 with an ATH of $7.00 and no ATL. Access to KuCoin, MEXC, Uniswap (V3) (Polygon), and QuickSwap will allow you to buy or trade NAKA tokens.
Challenges
The major challenge is competition and the rate of adoption. Competition has to do with being able to stand up to the vision of the company relative to what consumers want, and what is being created by competitors. The mechanism for checking competition is not inwards and outwards.
Looking at the buzz behind ecosystems like Axie Infinity, Decentraland, and SandBox, you’ll realize that there is so much to reach out to when it comes to providing more advanced techy and democratic experiences for users.
For the rate of adoption, this can be linked to marketing. Telegram, Discord, and Twitter are the strongest platforms used to drive adoption for blockchain projects. So the question is, how intense is the community of Nakamoto Games? How fast can they build up the connection they need to get the next generation, GenX, Y, and Z to do little with TikTok, Axie, and come to use NAKA tokens?
With this in view, it appears that the team is aware of what this will entail. Providing services that suit the market and innovating at the same time is paramount if they will hit the goal of becoming one of the most successful blockchain games.
“Although Nakamoto Gaming is not involved in all of these fields, we are positioning ourselves to be a leader in the fields that align with our model and vision,” Tor, the CEO of Nakamoto Games, stated. “We have several initiatives which are helping us stay on the frontier of innovation, and our cutting-edge team has the skills and experience needed to deliver, pivot, and avail opportunities as they arise in the market.”
Roadmap
Nakamoto Games has a roadmap that will lead the vision they are clamoring for in the gaming sphere. In 2020, the idea was launched and since then, there have been changes and advancements made to create a more useful ecosystem for users. According to the Whitepaper, the second quarter of 2021 is supposed to see the first phase of funding; the release of Nakamoto token (on two DEXs, and a CEX), Duck Hunters, and the beginning of the Aeroplane Warriors game.
By Q4 of 2021, 7 games should have been launched, the Elo rating system should have been applied in the ecosystem, provision of a customer support team, minting of NFT LAN on test net, development and integration of SDK for NAKA blaster, and other projects alike. This continues to Q1 of 2022, which is where we are now.
Part of the expectations is the minting of NFT land on mainnet, selling on Nakamoto Games Marketplace and OpenSea; launchings of NAKA blaster game in January, and three HTML5 games… While Q2 of 2022 should usher in the development and launching of SDK for plugin/add-on games, Nakaverse Mainnet, Nakaverse player system alongside career features on testnet, three more HTML5 multiplayer games, and 8 HTML5 single-player games.
The platform is on its way to fulfilling the promise of a good ecosystem that will satisfy the needs of the target market. From the beginning, you’d have realized that the team members are vast in the sphere they have found themselves. Users are coming in to use the platform, and more research is going to deliver more results ahead of competitors. If this pace is kept, there’s no way Nakamoto will not go to the moon as crypto enthusiasts will say.
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