Non-fungible token (NFT) games are making waves where players are rewarded based on a play-to-earn concept.
Neko Inu is the result of a global joint venture that uses a player-to-player ecosystem to interact with the gaming and crypto community. The game requires players to purchase a digital pet and care for them daily, which results in a promised rise of 1% in the pet’s value per action performed. It relieves the popular childhood game, Tamagotchi, by ensuring that players feed their pets daily to prevent them from falling ill.
Players may draw the connection between Neko Inu and Axis Infinity. Yes, the ecosystem is essentially similar. Players will need to make an initial purchase of virtual pets, ranging from USDT50 to USDT2,400 from the marketplace before starting the game. Afterwards, players will be prompted to perform 5 actions to ‘care’ for their virtual pets, resulting in a rise in their value. Pets are resold at a profit in the marketplace after 12 hours, under the condition that all five actions have been performed. However, there are several pros to Neko Inu as compared to veteran NFT gaming platform, Axis Infinity.
Firstly, it is difficult to reap the returns of Axis Infinity when its currency is very volatile. Its cryptocurrency value is rooted in AXS and SLP, which is seeing a continuous downtrend as of today (20th Oct 2021). All cryptocurrencies are volatile, which subjects earn-to-play NFT games at a huge disadvantage. However, Neko Inu operates solely on Tether, under the symbol, USDT. It is pegged to the USD currency, which brings a level of safety without the constant volatility of Altcoins.
Secondly, Neko Inu has the first-mover advantage. When Axis Infinity began, people were sceptical of play-to-earn concept. AXS grew by more than 600% from mid-June to mid-July and still continuously rises to date. People who grasped the opportunity and gained the first-mover advantage have quit their job and turned to play-to-earn full-time. Neko Inu allows players to leverage on its first-mover advantage to take part in its game and reap the returns for those with higher risk tolerance.
Globally, the COVID-19 pandemic has left many jobless and turning to interesting alternatives to make a living. NFT gaming has already seen its popularity soaring, and Neko Inu could be the next home run.
To get started, players must have a crypto wallet to deposit USDT onto the Neko Inu platform. Players will then make their first virtual pet purchase in the marketplace and subsequent purchase under a P2P system.
Next, players will proceed to complete up to 5 missions within 12 hours. Each of these missions will increase your pet’s value by up to 1%.
After the 12-hours cooldown, players are allowed to trade their virtual pets back into the marketplace at their increased value. This ecosystem enables Neko Inu players to earn through a fixed number of tasks daily and through trading under the P2P marketplace. For more information, please click here.
Currently, the gameplay is rather straightforward. Neko & Inu Corporation is looking to further expand the company and its gameplay as its userbase increases. This involves exciting crypto launches that raises Neko Inu’s popularity and ranking in the NFT gaming industry.
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“Play-to-earn pinpointed an intersection of gaming and blockchain that has struck a chord with users: earning real money proportional to in-game performance,” said Pantera Capital Partner Paul Veradittakit. “This is a trend we’ve been monitoring very closely. We believe it’s going to fundamentally transform the established gaming industry and onboard millions of users into the crypto ecosystem.”
