'You got the brawn, I got the brains,” NFTs are making money! Here’s how cutting edge NFT projects are employing gamification and the theory of virtual economies to keep their communities engaged.
To incentivize BebeKongz holders and give them utility, CyberKongz announced that each genesis or BebeKong could be redeemed for a CyberKongz VX. CyberKongz VX are full-bodied, 3D pixelated versions of the collection.
Since its release back in Aug. 15, 2021, CyberKongz VXs daily average price has increased by nearly 193%, sitting at a thin 2.4 Ether floor with a 7-day average of 3.5 Ether CyberKongz VX have recently been given utility as they venture into CyberKongz in-game Jungle Adventure.The Jungle Adventure will enable holders to put their CyberKongz VX to good use to collect Kongnium Ore’s that can be redeemed for exclusive NFTS and BANANA prize pools.
The overarching theme with play-and-collect in the CyberKongz ecosystem, is that each piece in the collection is designed to play a key role in providing utility. No longer are pieces just aesthetically pleasing, they also have serviceability. CyberKongz is not the only collection honing in on gamification to give its NFTs utility; Cool Cats’ budding collection Cool Pets will be able to earn an in-game token GOLD. To claim the GOLD, users must have MILK, which Cool Cats will soon generate daily.
Beyond gamification, other projects have discovered that a community-collective is just as valuable as utility.Built on the Treasure.lol universe and created by Treasure DAO, SmolBrains is the epitome of a grassroot project. The project is an NFT game developed on the Arbitrum network, whose primary PFP dynamically changes.
The SmolBrain starts out as a happy-go-lucky monkey that when staked, begins to increase its intelligence and brain size. Every IQ milestone unlocks a new feature on a user's land in Smolville which incentivizes users to stake their NFT.I joined Oct 15th the first day the discord existed. Minted free Smolbrains and land and the rest is history.
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