Ethereum game “Fantasy Top” pays Twitter influencers $1.25 million and turns them into NFT cards

Crypto Twitter's most popular new game, Fantasy Top, just paid out $1.25 million worth of Ethereum to top influencers and turned them into NFT trading cards to deliver a fantasy football-style experience.

After launching on the Ethereum Scaling Network Blast a week ago, the game, which allows players to create card lineups of their favorite Twitter (aka X) influencers and earn rewards based on those influencers' respective social engagements, has taken the game by storm. into the cryptocurrency space.

“Heroes” turned into cards in the game include meme coin trader Ansem, DeGods founder Frank, and even Su Zhu, co-founder of defunct cryptocurrency hedge fund Three Arrows Capital. (Revealed: Rug Radio co-founder Farokh Sarmad is president of the merged DASTAN parent company, which includes Decryptand one of the top “heroes” in fantasy.

Influencers earn a 1.5% fee from their card's transaction volume, as well as 10% of all pack sales. Now that Fantasy Top has made its first payout, creators are starting to profit from it.

The three highest-earning users in the first week were content creator Jenn Duong, who ranked first, followed by the aforementioned Ansem and Blast founder Pacman, who tied for second. The first place received 6.7 ETH ($20,500), while the other two received 6.1 ETH ($18,700) each.

“$18K in revenue [the] First week, not bad,” Anselm tweeted in response to the news. “Fantasy Top [is] One of the cryptographic applications that could attract a lot of Web2 creators.

Scores in Fantasy Top are based on your lineup's real-world social media engagement. On Sunday, Duong's Twitter engagement appeared to be artificially inflated by bots trying to get better at the game.she made it public condemned person To this end, she has temporarily made her Twitter account private while she sorts out her account.

But Fantasy Top says it uses anti-bot protections when it comes to ratings, and Duong also gets a lot of organic engagement from her video content around Fantasy Top and other Blast apps and protocols.

In addition to the 409 ETH ($1.25 million) distributed to heroes (300 ETH from set sales and 109 ETH from the card market), another 2,480 Blast Gold was also distributed to players.

We don't yet know how much Blast Gold will be worth, but cryptocurrency industry observers estimate it will be worth over $10, adding $25,000 or more to the game's first week payout. “Heroes” can also earn FAN points, which may be a precursor to future token airdrops, although it's unclear at this time.

Fantasy Top also said it plans to launch a feature that will allow influential “heroes” to share their rewards with players who own in-game cards, which will provide a SocialFi component to the game.Some influential people have confirmed plans arrive share their rewards with NFT holders.

Edited by Andrew Hayward

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *