The play-to-earn gaming model reached its peak in 2021, but the market lacked an easy way for players to choose from various play-to-earn game options. As the Web3 gaming sector continues to grow, there is an urgent need for an all-encompassing project that can rival traditional gaming platforms like Steam and Epic. Nakamoto Games was born out of this demand.

Nakamoto Games is a one-stop Play-to-Earn gaming platform deployed on the Polygon network, launched in December 2020. It currently hosts over 200 games and has more than 500,000 registered users. Additionally, Nakamoto Games plays a role in the Web3 gaming infrastructure. The platform caters not only to gamers but also to game developers. Firstly, it allows anyone with a cryptocurrency wallet and internet connection to access a variety of play-to-earn games. Secondly, it provides developers with a software development kit (SDK) to develop and deploy their own games on the platform.

Project Website: https://www.nakamoto.games/

1. TEAM

Nakamoto Games has a team of highly skilled professionals with diverse industry experience, including the gaming industry, Ethereum Blockchain development, and web development. The team is focused on both Eastern and Western markets and is led by Nakamoto’s CEO, Chawalit Rugsasri, who has previous experience as a project manager at Sublime Solidity. Additionally, he has established meaningful relationships with the Thai government and Thai banks, further expanding the project’s influence.

2. Advantages and Features

• A diverse range of game types

Currently, Nakamoto Games platform offers over 200 games, spanning various genres, from AAA games to super casual games.

• Based in Thailand, Expanding Across the Whole Asian Market

Leveraging the founder’s background, Nakamoto Games has successfully established partnerships with various Thai government agencies to drive crypto policies in sync with blockchain incentive mechanisms. Most recently, Nakamoto Games has formed a strategic partnership with Mahidol University, one of Thailand’s most esteemed institutions for technology and machine learning. By integrating its platform into the curricula of top Thai institutions, the company aims to cultivate new talent and foster innovation in blockchain technology.

With approximately 20 million students in Thailand, Nakamoto Games anticipates attracting at least 2 million new users to its platform. This surge in users is not only expected to strengthen the company’s community but also position it as the first platform in Web3 gaming with several million regular users.

• Extensive partnerships network

Nakamoto Games has partnered with several renowned game developers to jointly release a series of innovative and unique blockchain games. These collaborations have not only enhanced Nakamoto Games’ visibility and influence in the gaming market but have also provided strong support for the promotion of NAKA tokens.

3. Tokenomics

NAKA token is the native token of Nakamoto Games, and it’s a deflationary cryptocurrency that was launched in October 2022. According to CoinMarketCap data, as of November 6th, the circulating market capitalization of NAKA token is \(85.48 million, and the token price is currently at \)1.38, representing an 80% increase in the past two weeks. Since the beginning of this year, the token’s value has grown by over 7 times, which is quite impressive. With the platform’s development and the stimulation of new projects, the demand for NAKA token is expected to rise.

NAKA token plays a crucial role in the Nakamoto ecosystem, enabling players to participate in Play-to-earn games, allowing developers to create web3 games using the SDK, accessing NAKAVERSE, and minting assets for users within the games. It serves as the link connecting players, developers, advertisers, and retail users. Specifically, the token has the following use cases:

• Play: The NAKA token is necessary to participate in the Nakamoto Games ecosystem. The native digital currency will provide the necessary “fuel” to participate in games, similar to the gas fees encountered on the Ethereum network. One of the first games on the platform, Duck Hunter, will require NAKA for in-game ammunition.

• Earn: All the NAKA tokens used in-game become part of a prize pool which is immediately distributed to gamers after each game. A part of each prize pool is “burned” as a deflationary mechanism. The highest-ranked gamers in each game will receive the greatest share of the rewards from the prize pool.

• Governance: Finally, the NAKA token will allow gamers to participate in ecosystem governance. This governance activity may include voting on proposals to burn tokens or the structure of prize pools.

• Incentive: The NAKA token also serves as an incentive mechanism, motivating developers to further expand within the Nakamoto Games ecosystem.

Basic Information about the NAKA token:

a) Total Naka Supply: 180,000,000

b) NAKA contract address (POLYGON): 0x311434160d7537be358930def317afb606c0d737

c) Token allocation and unlocks schedule:

• Investment: 30.18%, TGE release 10%, lockup for 1 month, then linear release over 9 months.

• IDO: 0.37%, TGE release 50%, lockup for 1 month, then linear release over 2 months.

• Play-to-earn Vault: 22.22%, released based on demand.

• Game development fund: 5.56%, released based on demand.

• Player Sponsoring: 8.33%, released based on demand.

• Developer Sponsoring: 5.56%, released based on demand.

• Operational Reserves: 11.11%, released based on demand.

• Team and advisors: 13.89%, locked for 18 months.

• Salaries: 2.78%, released based on demand.

4. Project Outlook and Opportunities

It is estimated that approximately one-third of the world’s population plays games online. With the advent of blockchain games, people can earn income while gaming, and many “traditional gamers” may find their way into the world of blockchain gaming. The Play-to-earn game model will attract more young people to participate. As the Web3 gaming industry continues to grow, more traditional companies and entrepreneurs will enter this field. Nakamoto Games is undoubtedly at the forefront of this field and continues to leverage its influence and creativity. Nakamoto Games has been featured in leading global news media, including Bloomberg and Yahoo Finance Singapore.

In the future, Nakamoto Games’ partnership with TON will bring NAKA into the world’s largest social platform, Telegram. Additionally, the upcoming groundbreaking Web3 mobile app and NAKAVERSE 2.0 metaverse reality are exciting milestones. They are expected to bring a transformative change to Thailand’s gaming industry and provide additional income and job opportunities to millions of people. This will solidify Nakamoto Games as a true leader in the Web3 gaming space.

Currently, the HTX has launched PrimePool #6 on November 6, allowing users to participate by locking TRX and sharing rewards now worth 450,000 USDT worth of NAKA!

More details:  https://www.htx.com/support/en-us/detail/94953319293392