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Degen Survivors is a new game coming to the blockchain world with an imminent token presale round. The team has shared details about its upcoming plans, aiming to become “the most ambitious game since Flappy Bird.”
In our review, we will look more closely into this project, starting from its features and moving toward its plans.
Understanding Degen Survivors
Play-to-earn (P2E) title Degen Survivors took inspiration from the popular Indie game Vampire Survivors. The goal of this project is to provide players with a simple and enjoyable game to play.
In order to receive $DGEN tokens, players must simply survive throughout the game. $DGEN is a BNB-based token that will be exchangeable for goods and services on the project’s marketplace. Everybody gets a chance to win in Degen Survivors, which is an entirely free game.
The In-Game Marketplace
An important aspect to understand is using the “Reward Booster” feature in the game. Only 10%-30% of the prizes you earn in the game without a Reward Booster make it to your wallet.
The $DGEN incentives you earn while playing the game with a Reward Booster go straight into your wallet.
Your reward power increases with each reward booster. Pay attention: each reward booster has a reward power, which determines how many $DGEN tokens you may earn each day.
For example, the “SIMPLE WOJAK” reward booster has a $DGEN 5,000 price, with an increase of $DGEN 100 per day.
Users may also choose to accumulate reward boosters on the same wallet, increasing the reward power.
The Project’s Scholarship
You can earn rewards by lending your wallet to other players if you have a Degen Bag. Degen Bag’s owners have several perks:
- You receive a large percentage of the game’s prizes.
- For those who have Ultra Degen bags, the prize rate grows.
- You do not need to manually redeem a reward since the system automatically sends it to you.
As a player, you may play the game without purchasing a Degen Bag through the Scholarship system:
- You have the right to claim rewards from the competition.
- Automatically, the system will give you the wallet with the largest reward rate.
- You will always be able to claim a reward in the marketplace. Alternatively, you may buy bonuses or reward boosters from the game.
How Does this Play-to-Earn Platform Work?
While reading the project’s whitepaper, gamers will see the mention of a journey deep inside DeFi’s darkness. Everything from creatures to characters is available here for gamers.
Among the items that gamers can redeem as rewards, we can mention the following ones:
- Roasted chicken lets you gain health and stay in battle for a longer time.
- Green candles enable you to level up your character.
Remember that the portal will convert all the coins you receive as a reward into $DGEN tokens.
The Launch in a Bear Market Phase
The team decided to start the project during the current downturn of the crypto market. The founders said that the bear market cruelty was a big reason why they decided to make this game.
The team thinks investors were losing hope, and Degen Survivors hopes to help these traders turn things around.
$DGEN and Its Tokenomics
The BNB Chain’s governance token for this project is $DGEN. The $DGEN holders will be able to buy reward boosts, bonuses, and other important items.
Investors may see the project as a chance to make money in the team’s plans. Degen Survivors is a P2E system that aims to make a game that is both fun and challenging.
Gamers will spend $DGEN to unlock their reward boosters and get bonuses or power-ups for their characters.
The token will have a total supply of 150 million $DGEN, with the following allocation:
- Reward wallet: 65%
- Presale & ICO: 15%
- Marketing & Advisors: 5%
- Team: 5%
- Listing: 5%
- Liquidity: 5%
The project has a 10 percent sell tax to protect the community from speculation or “pump and dump.” This system will only work until centralized exchanges begin listing the token.
Degen Survivors’ Roadmap
The team has shared a detailed roadmap of its milestones, as we explain below.
Phase 0: Prelaunch
The project’s preliminary operations opened with the setting up of the team and the beginning of the desktop game development.
Furthermore, the founders created the initiative’s website and contacted influencers and crypto communities.
Phase 1: Teasing
Phase 1 opened with the launch of the project’s website and social media pages. Furthermore, the team will soon begin the first marketing campaigns to promote the project online.
Degen Survivors will sign the first deals with influencers in the GameFi world. Moreover, there will be some giveaways of whitelists for the presale round.
Phase 2: Presale & ICO
Those who completed the whitelist procedure will be able to attend the presale event for the $DGEN token. Furthermore, the team will open the Initial Coin Offering (ICO) round on the market.
The project will move on to setting up some giveaways of game items from the project’s marketplace. Finally, the mobile version of this P2E game will enter the development phase.
Phase 3: Token launch & Marketplace
In August 2022, the $DGEN token will go live on the BNB Chain. At this point, we will find the cryptocurrency on PancakeSwap and Poocoin.
Moreover, the in-game marketplace will also begin to operate, and the team will set up giveaways and tournaments.
Phase 4: Game early access
The developers expect to give early access to the game to a few influencers and giveaway winners in September 2022.
The team will also unveil an enhanced version of the in-game marketplace, where players will be able to buy bonuses. Behind the scenes, the team will also test the game’s stability and its economic equilibrium.
Phase 5: Game release
We should be able to see the game’s beta version in September 2022, as the team explained in its roadmap.
Phase 6: Evolution
The team will enlarge the in-game item catalog, and users will be able to sell assets on the marketplace. Furthermore, the $DGEN token will appear on the first centralized exchange (CEX) platforms.
Degen Survivors is entering a crowded market such as the P2E one with a clear set of high ambitions. From July 15, people on the project’s whitelist will be able to buy $DGEN tokens in the presale. People who use the project’s Discord server may be able to take part in the whitelisting process.
On July 17, the event will end with the Initial Coin Offering (ICO) launch.
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