Unlocking NFT liquidity, Universe opens a new chapter in chain travel

The issue of NFT liquidity has long been criticized, and it is worth noting that a strong prospect is expected to break this dilemma.

On March 2, an anonymous borrower borrowed $8.08 million in DAI equivalent on an NFT lending platform using 101 CryptoPunks as collateral, the highest amount ever lent by an NFT borrower. This historical event shows that "financializing NFTs" has become an effective way to break the liquidity dilemma.

The combination of NFTs and DeFi gives NFTs more possible application scenarios, thereby improving the capital efficiency of silent assets. It can be said that "NFT+DeFi" is the key to making NFT from the niche market to the mainstream, and it is also one of the fuels that cannot be ignored in the second half of NFT.

The same goes for placing it on a chain tour. When the NFT assets in the game have financial scenarios such as pledge and lending, users have the opportunity of passive income, and the assets of the game also add a new layer of value protection, creating a win-win situation for users and projects.

Universe is one of the few chain games on the market that focuses on NFT scene empowerment. It focuses on the liquidity problem of in-game NFTs, combined with DeFi and other application scenarios, adding the economic attributes of NFTs, reducing the excessive dependence of games on economic models, and also allowing chain games to have room for continuous growth.

As a case study that combines "NFT+DeFi+Gamefi", the following will take a closer look at Universe and get a glimpse of the operating logic behind this mechanism.

First, the fundamentals of Universe

In simple terms, Universe is a metaverse ecological platform built on Terra and BSC for "NFT+DeFi+Web3".

From a chain game perspective, Universe is a third-person 3D shooter that combines NFT+AR+VR. Compared with the same type of chain game, it brings players a more exciting immersive experience - players can use the University Token or USDT to purchase matching VR equipment on the official platform and feel the immersive battle experience.

From an NFT perspective, Universe is a blockchain-based NFT application platform. It creates a variety of off-game application scenarios for in-game NFTs, for example, players can participate in NFT farming, get ecological rewards, auction in-game NFT assets, etc.

Universe is such a game platform that combines the playability of traditional games with the economics of chain games. This model is very much in line with the needs of the current market, although the game has not yet been launched, but from the perspective of the official website's painting style, it has the potential of aAA masterpiece.

Let's take a look at how NFTs are used in Universe games from a game perspective.

Second, universe's game mechanics

Currently, Universe has issued a total of four types of NFT cards, which represent different aircraft types, each of which contains three levels: R, SR, and SSR (from low to high), which differ in performance such as attack, health, bullet speed, and bullet width. In order to reward early holders, players can qualify for in-game in-game beta on a priority regardless of the type of NFT they hold.

There are two ways to get NFT cards, one is to get them in the NFT blind box and the other is to get them in the marketplace. The level of an NFT affects its functionality, and the higher the level, the stronger the functionality. The game's modes are divided into two types, including PVE Break mode and PVP battle mode. thereinto:

(1) PVE level-breaking mode

There are 6 different level levels according to the difficulty, and the higher the level, the more rewards there are. The PVE mode is also divided into single and dual modes, and users can challenge each of them 3 times a day. It is important to note that for each challenge, users need to pay a certain number of UNIFIE and KEPLER tokens.

In single-player mode, if the level challenge is successful or the NFT health is returned to zero, the user can receive a reward. In two-player mode, the system automatically matches partners, and as long as one of them passes the level, both of them can receive rewards. In both modes, Universe has some hidden bosses, and users can choose to accept the challenge to get 10 times the reward.

(2) PVP battle mode

Divided into three battle modes: 1v1, 3v3 and 5v5, the system also randomly matches players. It is important to note that participating in PVP requires a certain number of UNITes and KEPLER as tickets. The winner will refund the ticket and will also receive a 95% participation token for the other party, with the remaining 5% as the game's management fee, of which 2% will be distributed to the SSR-level NFT holder as a reward.

It can be seen that both battle modes require a certain amount of token, which is also what distinguishes Univers from ordinary P2E chain games. It not only enhances the application scenario of token, but also makes tokens have deflationary properties, which alleviates the selling pressure of the secondary market to a certain extent.

In addition, Universe takes advantage of the characteristics of NFTs to set up a set of "reward-upgrade-consume" closed-loop scenarios for the game's NFTs:

As we mentioned earlier, in Universite, players can use NFTs to participate in mining and get ecological rewards, but NFTs after 7 days of mining and 15 challenges need to be repaired, and a certain amount of UNIVErs and KEPLER will be required as a fee.

This highly binding of NFTs to the rules of the game and economic mechanisms allows Univers to have a longer life cycle than the average chain game. The game will both reward tokens and consume a certain token, and will not be as unlimited as Axie, avoiding the situation where the game token and NFT enter the death spiral.

How does Universe empower NFTs?

After looking at the game mechanics, let's take a look at what changes Universe has made to empower NFTs. It can be said that this link is also the core of Universe.

（1）NFT staking

After Kepler goes live, Universe will turn on the NFT staking function, and the amount of rewards is directly linked to the NFT level.

Staking has long been a must-have feature for DeFi applications, a way to acquire customers and a common means of activating capital efficiency. Similarly, when NFT is combined with Staking, it rises from the original collection attribute and metal to financial attribute, thereby reversing the pricing logic of NFT.

On the one hand, the holder has the opportunity of excess income, for users who cannot play gold for a long time, holding NFTs can benefit, and can also use this part of the reward to increase the NFT level; on the other hand, the game token captures the value of DeFi, enhances the efficiency of capital use, and makes the entire ecology richer and more sustainable.

(2) Create a one-stop trading market

Universe gives NFTs more liquidity and economic attributes, while developing NFT marketplaces where users can display, buy and sell NFTs. In the future, Universe will create a standing market for NFT transactions, including NFT transactions, NFT blind boxes, NFT auctions, NFT customization, and barter markets to promote the circulation and use of NFTs.

In addition to this, Universe also proposed the concept of NFT 2.0, using UNIVERSE as a cross-chain DEX platform token for NFT 2.0. With the blessing of this NFT cross-chain solution, users can deploy, trade NFTs or even achieve NFT mining on any network.

(3) Added value to NFTs

Many projects add value to NFTs, and Universe is no exception.

In its planning, the official will airdrop a limited number of virtual land to SSR-level accounts. For SR and R-rated accounts, Universe will randomly airdrop land to the accounts of early supporters. The land will be built in a virtual mall where the holder can collect rent from the merchant. Later supporters can participate in the event blind box, UNIVERSE pledge, NFT pledge to get the opportunity to get land rewards.

The above is the direct performance of Universe's empowerment of NFTs, and in the future, Universe will open more scenarios to "unlock NFT liquidity" to the end.

In the past, the NFT chain game project paid more attention to regulating the game economy from the perspective of the token model. Universe gives us a new perspective, taking the NFT as the entry point, adding DeFi attributes, flexibly adjusting the user's revenue source, and also bringing new NFT pricing logic, so that the NFT is upgraded from the carrier of props and kryptonite to the value carrier, capturing the passive benefits in addition to gold.

Fourth, Universe, not only chain travel

Universe is based on chain travel, but it is not limited to chain travel.

In the future, the Universe platform will successively launch some functions, such as creating a one-stop IDO platform to provide one-stop help for the evaluation, promotion and access of IDO projects, holding NFTs can get the white list of IDO projects, giving priority to participating in IDO; such as establishing their own aggregation wallet to facilitate users to manage the assets of the entire ecosystem. From NFT to chain travel to Defi, Universalse is built into a metaverse ecological platform integrating "NFT+DeFi+Web3". Of course, this was all after the game went live.

The current situation, for Universe, needs to face a double test, on the one hand, from the challenge of traditional games, to make sufficient efforts in playability, on the other hand is the challenge from the chain game itself, because the entire chain game field is still in the initial stage of development, the need for Universe to constantly explore the content outside the game, such as economic systems, added value and other things closely related to the length of life.

Due to the integration of NFT+DeFi functions, this high combination brings advantages to The Universe, but also brings certain technical difficulties, which requires The Universe to have strong technical support to ensure that the interlocking modules can operate stably and durably. Challenges often coexist with opportunities, and I hope that the embryonic Universe can be built well, bringing surprises to everyone and occupying more share of the virtual world.