A market for casual gamers
The gaming industry has been exploding with growth. Nearly half of the world’s population actively plays video games, and that user base is projected to increase in 2022 and beyond. The vast majority of games played globally are quick-to-play mini-games, i.e. games that users are more likely to play casually, games like Angry Birds or Candy Crush. These free-to-play games generate billions in in-game purchase revenue each year. We are excited to partner with a team that is leveraging this market and aims to invite the casual gaming audience to GameFi.
Introducing Nest Arcade
Nest Arcade is the first decentralized play-to-earn (P2E) arcade application designed for the Solana blockchain, with a goal of bringing hundreds of arcade-style games to the GameFi space. Nest Arcade appeals to the reality that time is a valuable asset, and many people interested in casual gaming have only brief pockets of time to do so. The focus of Nest Arcade is to offer a wide variety of mini-scale and medium-scale video games to gamers through a readily accessible platform. These games have a very low barrier to gameplay and do not require a large time commitment in order to achieve in-game milestones and own in-game assets, thereby representing an entry into the P2E economy for the average gamer.
Nest players will have access to a library of games through an easy-to-use UI. The app interface is designed to be simple and lightweight so as to capture a wide audience — think Netflix for mini-games. Nest Arcade will host games from indie developers and NFT projects, as well as games developed by their own in-house game studio. Eventually, the Nest platform SDK will be released to developers, making it even easier for developers with little to no blockchain experience to launch a P2E game.
Nest Token Utility ($NEST)
Nest’s native SPL token, $NEST, represents both currency for use in the Arcade as well as an independent store of value for players of the ecosystem. $NEST can be earned by playing Arcade games, staking NFTs, participating in Nest community events, reporting bugs, referring other users or watching advertisements. $NEST will fuel most in-game transactions and is the preferred means to buy and trade NFTs in the Nest Marketplace. $NEST tokens are released on a 5-year lock and release schedule to help maintain token value as the ecosystem grows.
In addition to Nest Arcade, users will have access to the Nest Marketplace to buy and trade playable NFTs supported across one or more games hosted in the Arcade. All Marketplace sales are made with $NEST.
IDO Details
IDO Pool: 25,000,000 $NEST / $250,000
IDO Price: $0.01
Initial Market Cap: $360,000
Vesting: 20% unlocked at TGE; 20% unlocked monthly for 4 months
Whitelist sale: March 4th, 2022
Tokenomics: https://docsend.com/view/cmsnageunjxii23m
With the rising interest in blockchain gaming, players are discovering they can be rewarded for playing games. We at StarLaunch believe in any project that aims to advance the mainstream adoption of blockchain technology, and we are excited to be partnering with Nest Arcade in their vision of bringing blockchain gaming to the masses.
About Nest Arcade
Nest Arcade is the first play-to-earn arcade library designed for the Solana blockchain. Nest Arcade meets the rising interest for blockchain gaming by combining the rapidly growing multi-million dollar markets of NFTs, play-to-earn mini-games.
About StarLaunch
StarLaunch is a unique and dynamic incubator and launchpad, connecting promising Solana projects to early supporters and a network of key partners. The StarLaunch team operates by prioritizing its community first. Starlaunch brings thoroughly vetted projects to its community and protects IDO participants with an in-house insurance program.
📰 INFO
https://medium.com/@StarLaunch/starlaunch-to-host-nest-arcade-ido-ed141d17ed84