Ethereum

Why Ethereum Game ‘Fantasy Top’ Is Dominating Crypto Twitter

What is Crypto Twitter buzzing about right now? Believe it or not, it is a game built on Crypto Twitter that offers significant rewards and incentives to players.

fantasy saw Some of the biggest and most active social media personalities in the industry. Ethereum NFT trading cards Extended network explosion. Players can create card lineups with the highest actual Twitter engagement in each competition to defeat their rivals and win cryptocurrency and in-game prizes in return.

Crypto’s biggest Twitter users have happily embraced it, promoting their in-game cards or sharing lineups and bragging about how the value of NFTs has skyrocketed in a short period of time. They are even forming private holder groups to discuss strategies and offer incentives to buyers.

Launched on the Blast mainnet on May 1 by pseudonymous creator Travis Bickle, Fantasy Top is practically Sorare if it were built around outspoken cryptocurrency personalities and traders rather than professional soccer players. The influencer in question earns a small amount of money each time his card is traded, along with other perks. However, many appear to have invested heavily in building their lineups as well.

The list of in-game NFT “heroes” includes: Coin Trader of the Moment Ansem, 9dcc founder Gmoney, Blast Founder Pacmanfamous weird twitter Greg16676935420, DeGods Creator Frankwhale NFT traders Pranksy and Machi Big Brother, and even Cryptocurrency hedge fund collapsed Three Arrows Capital.

Farokh Sarmad of the merged Rug Radio. decryptionAnother one of the main characters.

It’s more than just purchasing a product. NFT However, we do place your favorite cryptocurrency traders in the lineup for each competition. There are different rarity levels for cards, including the ability to unlock higher levels by swapping multiple lower level cards, which gives you a point boost in each competition.

There is another interesting aspect to consider. The scores are based on the lineup’s actual social media engagement, which raises questions about what counts as quality engagement and how it can potentially be manipulated.

Some of the Most Expensive Cards on Fantasy Top
These are some of the most expensive cards on Fantasy Top. Image: Decryption

One of the “heroes” in question is content creator Jenn Duong. Make her Twitter account private on Sunday after noticing that one of her Twitter videos had an unusually high number of engagements. She was concerned that her users were “botting” her content, or artificially inflating engagement, which could cause potential problems for her play.

“People don’t want fair play and I’m not going to risk messing up my X algorithm,” she tweeted. adding: “Please don’t take my words lightly. I do not need it. I’m betting on me and I want to win on my own merits.

“You’re ruining the system for other creators,” she added.

But the hype for Fantasy Top continues unabated, reaching a peak early Monday when the fantasy pool’s prize money was announced. The first “main competition” It’s just getting started. It includes $150,000 worth of Ethereum (50 ETH) and 222,222 Blast Gold, which will lead to an airdrop allocation to the network along with card packs and other in-game rewards.

50 ETH is no small change for a cryptocurrency game that launched last week, but the prizes could be much larger in Blast Gold. Cryptocurrency industry observers estimate the value of each Blast Gold. $10 or moreThat portion of the prize pool could potentially total well in excess of $2 million.

Players rushed to purchase cards from the Fantasy Top marketplace, generating millions of dollars worth of transactions on the expansion network Blast in the process. More than 50% Total trading volume on the Ethereum mainnet as of early Monday.

all Flipside Cryptocurrency Dashboard Analyst Hildobby shows NFT trading volume of over 7,000 ETH this week (over $21 million at current prices) and over 31,000 total users.

Fantasy Top has captured the hearts of cryptocurrency Twitter users in recent weeks, reviving some of the positivity that had been lost due to the market downturn. But we’ll find out if the fantasy sports riff featuring Twitter influencers has the depth and excitement to maintain momentum even after the initial novelty and Blast network incentives wear off.

editor Ryan Ozawa.

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