The Metaverse concept has caught on around the world. Everyone is making major moves in the Metaverse, from governments to major companies. The crypto world has not been left behind. However, most of the focus thus far has been on images. A recent advancement has seen various memecoins launch into the Metaverse. For instance, Shiba Inu coin recently rolled out a Metaverse, following closely is Baby Doge, which has also decided to launch a game in the Petaverse.
Details of the Baby Doge P2E Game
Most companies that have launched NFTs have focused on images. These NFTs often come with some utility. For instance, holders get access to special events and have special roles in the Metaverse. Baby Doge’s Metaverse game will be just like other Metaverse games. Holders of the NFTs will have special roles in the Decentraland Metaverse.
P2E gaming has recently caught on, with interest in them proliferating. Various platforms have released P2E games with huge success. One such platform is the Petaverse, which is a platform built on top of the Decentraland Metaverse. It is designed to be a pet park within the Metaverse.
Baby Doge decided that the Petaverse would be the perfect platform to launch their P2E game. Holders of the Baby Doge NFTs will have the ability to play games and earn free tokens. Holders of the NFTs will also earn a 2.5X boosted reward. Additionally, they can unlock new NFTs with their existing NFTs.
The Baby Doge Community Continues to Grow
Baby Doge is a young community that has received some harsh criticism recently. Even the Binance Chief CZ weighed in on the debate at some point. While a Binance listing is not likely, Baby Doge has continued to thrive. It now has a community of around 1.6 million people.
The recent growth can be attributed to developments made by the developer team. For instance, on August 10, the Baby Doge team announced it had completed its swap and a test net that will go live on August 15, 2022. The price of its tokens has also been doing quite well. Its price has risen by over 4 per cent in the past 24 hours.
What is Baby Doge?
Baby Doge is a memecoin based on the Doge memecoin. Its community considers it the child of Doge with a few improvements to transaction speed and adorableness. It is based on a hyper-deflationary model. Every time a user makes a transaction, more coins are added to their wallet.
It was invented as a joke to spread awareness regarding animal adoption. Since its launch in June 2021, it has had an ambitious roadmap. This roadmap has included furthering its pet charity efforts, GameFi, NFT creation, and more.
Thus far, its efforts appear to be paying off. While it is not likely to become the leading coin due to the hyper-deflationary model, its community will continue growing.