Yes I am an adult. Yes I am writing a in-depth report on Unicorns and Rainbows. Please don’t judge me.

But in all seriousness, Crypto Unicorns is a GameFi project that has piqued my interest and could become one of the most popular crypto games of 2022. Let’s dive in!

Dracula The Unicorn

 

What is Crypto Unicorns?

Crypto Unicorns at its core is a digital pet collecting and farming game built on the Polygon network.

The gameplay centers around unique Unicorn NFTs which players can utilize in a farming simulation as well as Battle Loops including Jousting, Racing, and Team RPG.

You can currently purchase the Unicorns on Opensea.

NFT Collection on Opensea

 

Every NFT has its own specific trait and ability that evolves as the unicorn grows.

There were 10,000 genesis eggs that were sold in a pre-sale and later hatched into unicorns.

These unicorns can be bred up to a total of 8 times and the breeding process costs unicorn milk, rainbow tokens, and normal berries.

The Unicorn Evolution Process

 

When two adult unicorns are bred, the genes of the parents can be passed down to the newly-created Unicorn egg NFT.

These genes are separated into three types:

• Major Genes: These genes have the highest chance of being passed down.
• Normal Genes: These genes have a lower chance to be passed down than Major Genes, but a higher chance than Minor Genes.
• Minor Genes: These genes have the lowest chance to be passed down.

There is an entire breakdown of the various genes and classes each Unicorn can possess, which you can find in the whitepaper.

Farming gameplay involves players purchasing Land NFTs. Individual land can be combined by players into neighborhoods designed for multi-player and social gameplay.

Land NFTs Types

 

There are three types of “farms” that are available:

• Basic Farms: Produce Normal Berries and a chance at producing one specific Class Berry.
• Rare Farms: Produce Normal Berries and a chance at producing one specific Class Berry from a specific Class Group.
• Mythic Farms: Produce Normal Berries and a chance at producing one of any of the Class Berries.

There are also four key features to each farm:

• Farm Slots: Where Players can grow Class Berries over time, which are used for crafting.
• Workshop: Where Players can produce materials over time and for soft resources, and then craft advanced materials with more basic materials.
• Nursery: Where Unicorns breed/evolve and new unicorns are born.
• Stables: Where a Player can see all their Unicorn NFTs as well as in the future make things like parties, etc. when there is gameplay that requires groups of Unicorns. Upgrading the Stables increases Unicorn Energy recovery.

 

Crypto Unicorns Team

Laguna Games is the team behind Crypto Unicorns and they have an impressive track record.

Their team has experience at AAA studios such as Activision Blizzard, Lucas Arts, EA, and more.

Laguna Games Team Experience

 

It is also nice to see a crypto team that is using their real identities while building.

My newsletter issue last week showed the potential dangers of an anonymous development team.

The CEO and co-founder of Laguna Games Aron Beierschmitt is a veteran in the mobile gaming industry and has a good feel for what the future of crypto gaming has to offer.

You can listen to this podcast episode to hear Aron talk more in-depth about Crypto Unicorns.

It is also important to note that Laguna Games is backed by big-name Venture Capital companies such as Delphi Digital and Polygon Studios, which helps build confidence in Laguna Games’ future.

Backers of Laguna Games

 

Rainbow Token ($RBW)

Rainbow Tokens (RBW) are the Governance Token for the Unicorn metaverse.

RBW holders will be able to utilize these tokens in a variety of ways including Unicorn Evolution and Breeding, Staking to vote on key governance decisions and Treasury management.

There is a total supply of 1 billion tokens with an initial circulating supply of 200 million tokens.

Here is a breakdown of the token supply distribution.

RBW Token Distribution

 

The token release schedule is laid out until February of 2026.

RBW Token Release Schedule

 

As a certified DeFi degenerate, I like the distinction Crypto Unicorns is making regarding their Play AND Earn gameplay mechanics.

Most GameFi projects focus on play TO earn mechanics, meaning you have to play the game and grind for hours on end in order to be rewarded.

This model isn’t sustainable considering the lifespan for most video games doesn’t last longer than 12 months.

Players will have a number of ways to Play and Earn in Crypto Unicorns including:

• Harvesting Class Berries and Selling them on the Market
• Crafting Breeding, Evolution, and Building Materials and selling them on the Market.
• Harvesting and Crafting Upgrade Materials
• Entering Race Events
• Entering Jousting Events and Tournaments
• PvE and PvP Battle

The team understands that “play to earn” can only be one component of a sustainable game economy.

According to their whitepaper:

Our primary goal is the development of fun and compelling gaming experiences and we expect to see a large portion of players consuming purely for enjoyment.

 

Why I am Bullish

The following primary reasons make me bullish on the outlook of Crypto Unicorns:

• Strong development team
• Reasonable Tokenomics
• A unique approach to GameFi mechanics

I also like that Crypto Unicorns is EVM compatible and plans on being chain agnostic.

The future of crypto gaming and the metaverse will be cross-chain, so having a plan in place to integrate across multiple chains is crucial.

Crypto Unicorns is Chain Agnostic

 

Finally, I love that Laguna Games is giving very generous ownership rights to NFT holders.

Here is a look at their ownership terms listed on the whitepaper.

NFT Rights & Ownership

 

This will allow more freedom for users to show off and market their NFTs and it is a win-win for both NFT holders and Laguna Games.

 

Potential Concerns

The biggest concern I have is simply that we have yet to see the gameplay of the project.

According to the roadmap, the MVP game launch is this month, so that will give us a better idea of what the game will look like.

Crypto Unicorns Roadmap

 

There is always a possibility that the mechanics will turn out to be bad, boring, or even broken.

However, based on the reputation and backing of Laguna Games, I don’t think that will be the case.

There is also always the question of longevity when it comes to gaming.

Even if the launch does go well, and the game is incredibly popular, the crypto space moves fast and Laguna Games will need to make sure they are 100% committed to the continued development of the game mechanics to ensure users stay engaged.

The roadmap only lists out plans up to the end of this year, so it is uncertain what they have planned for next year and beyond.

The idea of longevity is not a knock against Crypto Unicorns in particular, but it is the reality for all of crypto gaming and just something you need to keep in mind as an investor before you put your money into any GameFi project.

 

Conclusion

The bottom line is Crypto Unicorns is a unique project in the GameFi space that you absolutely should keep your eye on.

The upcoming MVP game launch will give us a better understanding of the potential for the project, but things are looking promising at this point and time.

I hope you enjoyed this breakdown on Crypto Unicorns and I will see you again next week!

 

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(originally posted https://medium.com/@jacobvan/breed-unicorns-earn-money-in-this-crypto-game-6e14d85868ed, x-posted w/ permission from author)