Pirate Nation Token | PIRATE
Updated
Coinbase lists Pirate Nation ☠️ on Ethereum, price soars 100%, with 50M market cap and 135M daily trading volume. the success of Pirate Nation can be attributed to the strategic approach that it took in its Token Generation Event. Thus, the pre-TGE strategy was built around the idea of creating network effects and kickstarting the in-game economy. This strategy involved the utilization of off-chain points referred to as Booty, to incentivize user interaction and other positive activities within the ecosystem.
Managed by FarmVille co creator Amitt Mahajan, Proof of Play received backing from a16z crypto, Anchorage Digital, and Naval Ravikant in a $33 million seed round last September. “We believe that Proof of Play points is a way to recognize & reward players for their participation in the Proof of Play ecosystem,” Mahajan stated.
The availability of the “Pirate Nation,” along with other main products such as “Shrapnel” and “Illuvium” points to a rising trend in the web3 gaming sector. Consequently, even basic 2D titles like ‘Hamster Kombat’ are rising, dictating large player numbers.
In the game, there were Booty Points, which could be obtained during the combat and while completing special tasks. These points were used to purchase intermediate assets for the upgrades of pirates and ships. The strategy ensured that the players were always active and the game was balanced throughout the process.
The post-TGE strategy is intended to maintain player retention, solve the initial players’ acquisition issue, and establish a long-term token usage system. Out of the total token supply, 47% was given directly to the community to ensure that game economies are driven by the players themselves.
For high-visibility engagement, Pirate Nation came up with new social farming techniques. This involved a Discord Blitz campaign which involved the community engaging in various pirate-related activities across different Discord channels. Another feature of the strategy was a referral system that encouraged the players to play the game not just to create an account. The referral system enabled 5 million gauntlet rounds to be cleared and 8 million quests to be done.
PIRATE’s market capitalization rose to 82M and the 24hour trading volume was just over 46M
0.29$ is important support and if BTC do more correction then you should wait and watch how Pirate whales! hold the line. next targets are 0.35$ and 0.39$ for Pirate Bulls
Managed by FarmVille co creator Amitt Mahajan, Proof of Play received backing from a16z crypto, Anchorage Digital, and Naval Ravikant in a $33 million seed round last September. “We believe that Proof of Play points is a way to recognize & reward players for their participation in the Proof of Play ecosystem,” Mahajan stated.
The availability of the “Pirate Nation,” along with other main products such as “Shrapnel” and “Illuvium” points to a rising trend in the web3 gaming sector. Consequently, even basic 2D titles like ‘Hamster Kombat’ are rising, dictating large player numbers.
In the game, there were Booty Points, which could be obtained during the combat and while completing special tasks. These points were used to purchase intermediate assets for the upgrades of pirates and ships. The strategy ensured that the players were always active and the game was balanced throughout the process.
The post-TGE strategy is intended to maintain player retention, solve the initial players’ acquisition issue, and establish a long-term token usage system. Out of the total token supply, 47% was given directly to the community to ensure that game economies are driven by the players themselves.
For high-visibility engagement, Pirate Nation came up with new social farming techniques. This involved a Discord Blitz campaign which involved the community engaging in various pirate-related activities across different Discord channels. Another feature of the strategy was a referral system that encouraged the players to play the game not just to create an account. The referral system enabled 5 million gauntlet rounds to be cleared and 8 million quests to be done.
PIRATE’s market capitalization rose to 82M and the 24hour trading volume was just over 46M
0.29$ is important support and if BTC do more correction then you should wait and watch how Pirate whales! hold the line. next targets are 0.35$ and 0.39$ for Pirate Bulls
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