Digital assets are increasingly being used to represent real-world objects such as games and music. Commonly referred to as non-fungible tokens, the novel technology is already finding its way into the multibillion-dollar gaming industry. Star Atlas is one such project that is having a ripple effect in the gaming industry while leveraging revolutionary blockchain technology.
What is Star Atlas
Simply put, it is a video game platform implanted on top of the Solana blockchain. It leverages recent technological breakthroughs to come up with high-quality video games while also enhancing cinematic experiences. Games on the platform can be traded, obtained, and even used to create non-fungible tokens.
Star Atlas’ competitive edge stems from its ability to accord gamers and other users ownership of any content on the platform. Additionally, it’s made it easy for people to monetize their passion and gaming skills with ease.
Therefore it has carved a niche for itself as a platform whereby gamers can make a killing inside one of the fastest-growing video gaming segments. From the onset, Star Atlas hopes to become:
- A space fantasy gaming platform with real money and NFT assets
- It is also being configured with political trade routes and productive territories
- It should become an all-around ecosystem whereby people can interact, trade, form contracts, and engage in various activities.
- A fully immersive 3D world with high-level graphics that accords high-level virtual reality experience
Star Atlas features
Three main features below characterize the blockchain-powered system.
Territory and Exploration: it allows gamers to scan visible stars on a map. By finding hidden celestial and terrestrial assets, one can trade or sell them. Finding the assets comes with a reward as well as some risk exposure.
Virtual economy and society: The platform is also being configured to offer a virtual economy for powering cargo shipping, travel, and powering defenses. Consequently, gamers can earn in-game by playing a variety of roles in the platform, not limited to rescue refiners, miners, and managers.
$ATLAS and $POLIS: These are the native currencies powering the virtual gaming ecosystem through which in-game assets can be traded. $ATLAS is earned within the platform on engaging in various exploration activities. $POLIS, on the other hand, entitles players to ownership and management of space
How to earn crypto on Star Atlas
In Star Atlas, gamers partake isolated and thought-provoking journeys, all in the effort of accruing sufficient resources and competing against other players. Users can create cities and build micro-economies in the game on the platform. There is also a provision for coming up with decentralized autonomous organizations for governing specific virtual regions.
In addition, Star Atlas has made it possible for users to earn real-world money from the virtual in-game items they collect while gaming. Additionally, decentralization is at the heart of the platform allowing users to resell and enjoy full ownership of in-game items. In this case, gamers can own all the assets they accumulate while playing games.
Incentives
As is the case with any other blockchain project, Star Atlas also comes with incentives for people who participate in sustaining and securing the entire ecosystem. Players are incentivized whenever they stake tokens to expand their empire. Gamer’s interactions in the ecosystem go a long way in contributing and securing the network.
Star Atlas also incentivizes gamers into flying spaceships with a crew in the Star Atlas universe. The claims can be staked or mined. In outer space, gamers can also find hidden surprises in their virtual activities. Gamers can also explore the deepest regions away from safe zones in pursuit of valuables.
Star Atlas token
$ATLAS is the native currency powering the Star Atlas economy. Gamers can use the token to acquire in-game non-fungible tokens items. Some of the items that can be bought with the token include crew, a spaceship, and other necessary accessories for playing games. In addition, gamers can earn $ATLAS by mining ore or selling it on the platform.
The $ATLAS token value has increased significantly in value since it started trading in September. The token is up by more than 7,000%. However, the token has been in consolidation mode in recent months oscillating between $0.07 and $0.20.
The token is configured to become the official medium of exchange in the Star Atlas marketplace. It is estimated that 20% of all future minted tokens will be used to reward people that do exceedingly well on the platform. In addition, 20% of the tokens are to be distributed to stakeholders, while 45% are to go to mining stations, with the remaining 15% being used for gathering resources on the platform.
Star Atlas Polis token
$POLIS token acts as the governance token on the entire project. Holders are accorded the opportunity to participate and influence decision-making on the platform. Distribution of the token is to occur in two stages, with the first 20% of the supply being sold at the Galactic Asset offering, while the rest is distributed as rewards to those who stake the token.
$POLIS has also appreciated since it started trading in September. The governance token is up by more than 3,000%. However, just like $ATLAS, it’s been in consolidation mode in recent months oscillating between $6.08 and $12.08.
Anyone who stakes a sufficient $POLIS token can participate in making a crucial decision on the development of the platform and have control over the outcome of the metaverse.
Bottom line
Star Atlas has positioned itself as the future of the burgeoning gaming industry powered by blockchain technology. The integration of NFT’s blockchain and virtual reality has essentially enhanced the gaming experience allowing gamers to connect in a thriving decentralized finance economy.
