Cheersland A GameFi Metaverse Aggregator Launching its IDO Nov 29
Welcome to CheersLand! The next hype project brought to you by The Crypto Lifestyle and guess what… TGE is right around the corner on November 29th! CheersLand is about to CheersLand is a multi-game universe where gamers can monetize their gaming experiences and social network. CheersLand is a scalable GameFi Metaverse Aggregator where anyone can monetize their gaming experiences and social networks. The most exciting part of CheersLand right now is their IGO coming in days on 5 different launchpads. BinStarter, PlayPad, ProStarter, BSCstation and of course, Cheersleand themselves, are all supporting the IGO beginning November 27th with BinStarter. So what exactly is Cheersland?
CheersLand GameFi Metaverse Aggregator is composed of multi-game combinations, Ranking List, Initial Gaming Offering (IGO), NFT Market, Multi-asset Staking Platform, etc.. In CheersLand, gamers can earn rewards through skilled gameplay and contributions to the ecosystem. This Play to Earn mode is adopted by Axie Infinity, My Neighbor Alice, Alien Worlds, etc., which caused enthusiastic response and commercial success in GameFi.
Game builders are allowed to use CheersLand API to launch their own games in CheersLand GameFi Universe and share the economic model. This new model has been dubbed Build to Earn and will inspire game builders to earn rewards by expanding the game scenes for CheersLand.
The first classic game, Crypto Pirates, has been launched on CheersLand and verified its business model while still in early access. Crypto Pirates is only the first classic game. According to their roadmap, they will have a new classic game each quarter. The gamified launchpad for start-ups is named Initial Gaming Offering (IGO), which will provide a portion of allocations of start-ups to gamers on the Ranking List. Gamers are free to buy and sell NFTs of in-game items on the NFT Market. In addition to Crypto Pirates, other games based on CheersLand will adopt the same business model and mechanism, which will help gamers earn continuous passive income.
All users who contribute to the ecosystem, including gamers, game builders, stakers and investors, will be rewarded in CHEERS (the native token). This represents a real slice of the CheersLand GameFi Universe as it has governance rights and fee sharing built into it. This blockchain economic design is the key difference between CheersLand and other traditional game platforms.
How does Cheersland Gameplay Work
In order for CheersLand to quickly enter the efficient operation phase, they chose Classic Mini Games as the prioritized type of games for launch.
Classic Mini Games have a broad user base at any age around the world, and allow players to play the game at any time and anywhere with no barriers to participation.
They chose to use the GameFi business model to power Classic Mini Games to pay tribute to the classics. All games based on CheersLand will adopt similar business models and gameplay.
CheersLand is a Multigame Universe with No-Entry Barrier
Play to Earn mode allows gamers to have chances to earn rewards for the long-term in CheersLand Multi-game Universe. Gamers can earn extra HP by inviting friends to visit CheersLand to get more chances to win the games and accrue value to the network. Gamers benefit from their social network, which guarantees the continuous supply of CheersLand user sources. The Build to Earn mode will inspire and attract game builders to create and launch high-quality and diverse work based right on the CheersLand platform. CheersLand has a nice combination of both Play to Earn and Build to Earn opportunities. Both models compliment each other and ensure that overtime CheersLand continues to grow and develop with endless opportunities.
The No Entry Barrier element will make CheersLand available to the masses. Everyone can begin playing without putting any cash up front. All games based on CheersLand will support running on multiple clients so gamers can play the games at any time and anywhere. In CheersLand, all users can participate in games at zero cost, and earn rewards directly through skilled gameplay and contributions to the ecosystem. Let’s look at already launched Crypto Pirates as an example… Every new gamer will have 2 HP at the beginning, which means that gamers will be able to play the game twice. Once the gamers’ HP is zero, they can still choose to invite friends or stake tokens to earn HP and continue to play the game. This approach fits perfectly with the CheersLand vision which is to bring millions of users into the blockchain through CheersLand and experience the GameFi revolution together.
A reminder, don’t miss out on the CheersLand TGE as it’s coming up quickly on November 29th. Follow their official telegram or twitter to ensure you hear about specifications about what time they launch and the correct contract address. That’s all of now. Good luck to you all, and till the next Medium, you’re on your own. Laterrr…