Studio: Orchha
Guest: Jaipur (Orchha’s partner)
- Could you tell us what this studio is?
Jaipur: Orchha is a game society focused on the metaverse ecosystem. It helps investors pool assets and bet on NFT games to make profits and share them with the community of supporters. The current focus of Orchha is gaming NFTs. It offers hardware and software technical support and is a pioneer in in-game earnings. It was established in India and will incorporate North American and Eastern European communities the team members come from.
- Why was this studio created?
Jaipur: In the first half of this year, the metaverse became a trending concept. The degree of FOMO has been unprecedented. It started with the game Axie Infinity that showed broad prospects of blockchain games. Metaverse and blockchain games turned out to fit each other naturally, which pushed blockchain games to a new high. Inspired by Axie Infinity, we started to incubate game studios and provide comprehensive technical solutions, including API, VPN, technical modules, wallet support, IGO, DeFi liquidity tools, hardware configuration, in-game props trading, etc., needed to bring players together and let them monetize the time spent gaming.
- What blockchain games does your studio follow?
Jaipur: Axie Infinity, CyberDragon, Farmers World, Splinterlands, and more.
- Could you tell us a bit about them?
Jaipur: Axie Infinity is a blockchain game by the Vietnamese company Sky Mavis. Like many blockchain games, Axie Infinity is a digital-pet world inspired by Pokémon. Players can fight against fantastic creatures Axies, raise them as pets, and trade them. Anyone can get token rewards for their skilled playing and contribution to the ecosystem.
CyberDragon is a new game on Binance Smart Chain (BSC). It is about popular dungeons and warriors. Players can create characters, complete various challenges, improve character levels, and get assets and highest-grade equipment.
Farmers World is the first farming game for NFT platforms. Players can choose the right tools, explore resources, buy land to build huge farms, and have unlimited fun working in the game ecosystem.
Splinterlands is a multiplayer collectible card trading game. It looks like a Pokémon card game mixed with World of Warcraft characters. The game world has a mysterious development story. It runs on Steem blockchain that provides fast transactions and full transparency. Players conquer the world or complete tasks.
- Do these games have any similarities?
Jaipur:
- they adopt the Play to Earn design where players can make money;
- they have well-designed game interfaces. The experience is so much better than that of most blockchain games. They have loyal players all over the world;
- most of them adopt a dual-token economy and distributed huge airdrops before the release;
- they integrate NFTs and trading and have a higher expansion potential.
- Can you recommend any good blockchain games that have appeared recently?
Jaipur: I came across SAVIOR. It is developed by a Vietnamese team that has a long history with blockchain. It launches at the end of the month. Their gamedev lead has participated in production of many major games, including Nezha: I Am the Destiny. We have enough experience in games and blockchain to see that they have a good appreciation logic.
- Why do you recommend it?
Jaipur: The team behind SAVIOR improved the basic economic model of Axie Infinity. Their dual-token model adds more consumption scenarios both for governance tokens and in-game tokens, which is favorable for the token prices.
Their model also includes two types of NFTs: characters and weapons. Character NFTs serve as the game ticket, ensure the game’s value, and help attract more community members. Upgraded NFT weapons preserve their respective value. This dual-NFT model can balance the ecosystem better.
What’s more, they have the innovative NFT lending platform. It brings together retail investors, gold farmers, and NFT users and meets their needs. Users who have multiple NFTs can issue loans just by filling in the term in days and the split ratio. Gold farming studios and retail investors who have free time can take farming orders and get a respective labor ratio. The needs of both big investors and ordinary retail investors are covered.
We think SAVIOR could lead a new wave.
- What are the prospects of blockchain games?
Jaipur: We are very positive about the blockchain game industry. Look at the data. In October, an average of 1M+ unique active wallets (UAW) was connected to gaming DApps every day. It’s 55% of the whole blockchain industry activity. As the interest in metaverse has surged, the virtual-world games have been performing well. The popular titles like Axie Infinity and Splinterlands are in the top. Venture capital started to pour in. In October alone, USD 120M+ was invested in platforms related to blockchain games. The overall state of the blockchain game industry is better than ever.
Recommended News
-
Billionaire Investor Howard Marks Warming to Bitcoin
Howard Marks, co-founder of alternative investment manager Oaktree Capital, says he has reconsidered his previous “dismissive” stance on bitcoin (BTC, +3.28%). The investor, who is worth $2.1 billion according to Forbes, previously said in a 2017 memo that cryptocurrency was “an unfounded fad.” The comment was “a knee-jerk reaction without information,” Marks conceded in a video interview with the Korea Economic Daily on Monday. While he’d previously considered bitcoin to have no intrinsic value, he said that “there are plenty of things that people want and value highly that have no intrinsic value. How about a…
-
Wan Wu Chao Sheng and Artist Chunren Jointly issue NFT Digital Art, Helping the Creator Economy
My artistic view is that my creation must spread “truth, goodness and beauty”. I want it to be full of “innocence” and “empathy” because those bring people heartfelt fulfillment. –Famous artist Chunren The Internet, which was born in 1969, has been changing the world around us, and has opened up a new era of creator economy. Everyone can become a creator and upload their own content through the Internet. In the past two decades, the Internet has maintained rapid development, and Web2 content platforms such as Facebook, Youtube, and Instagram…
-
CoinFans opens mining machine rental service
On February 26, 2021, CoinFans(bi-fans.com)’ global universal version was officially launched. This is a global decentralized computing power asset management and trading platform that integrates cloud computing power purchase, mining machine purchase, digital wallet, digital economic information and other functions. CoinFans escorts all miners, so that all retail investors and more people have the right to participate in cloud mining, rather than a simple oligarch monopolizing the interests of the entire mining industry. In addition, the CoinFans platform will launch special mining machines for users to participate in. CoinFans will start…
-
1 million Chaingers, let the world hear your voice!
The total locked-in value of decentralised finance is now a staggering 310 billion and the market keeps on growing as more and more investors are starting to shift towards DeFi; which is great news because the blockchain industry can’t possibly grow without the support of its world wide users, and at the same time, traffic is the main thing that will keep projects going in the long run. As the DeFi industry continues to evolve, Chainge, a coded financial platform customised for both institutional and individual investors, is in full swing…
-
$1B Fei Stablecoin’s Rocky Start Is a Wake-Up Call for DeFi Investors
The $1 billion Fei Protocol stablecoin project has gotten off to a very rocky start. The most important data point is this: Fei was built to maintain a 1:1 peg with the U.S. dollar but it has not quite hit the mark over this first week of its existence. Backed by major VCs, Fei aimed to create a stablecoin protocol that would outright buy assets with its token, rather than holding them as collateral for loans. It appears the team underestimated the demand it would see to participate in the launch. It…
-
Crypto Is Banned in Morocco, but Bitcoin Purchases Are Soaring
Cryptocurrencies are banned in Morocco, but peer-to-peer bitcoin (BTC, -5.01%) trading platform LocalBitcoins is reporting all-time trading highs this year. February 2021 was the platform’s “best month ever” in Morocco in terms of trading volumes, according to LocalBitcoins Chief Marketing Officer Jukka Blomberg, who said approximately $900,000 worth of bitcoin was traded on the platform through the month. LocalBitcoins also saw a 30% increase in user registrations between 2019 and 2020, with over 700 new accounts created, Blomberg said. Bitcoin purchases are rising despite a ban on cryptocurrencies in the North African country. In November…
-
Enjin Raises $18.9M in Private Token Sale to Build Polkadot Parachain for NFTs
Blockchain platform Enjin has secured a multimillion-dollar funding raise in a bid to migrate its upcoming public blockchain Efinity to Polkadot. According to a press release shared with CoinDesk, Enjin has secured $18.9 million in a private token sale led by Crypto.com Capital, DFG Group and Hashed. Additional support for the raise came from Hypersphere, BlockTower, Blockchain.com Ventures, Fenbushi, Iconium, HashKey, Arrington XRP Capital, DeFi Alliance, among others, in what represents continued investor interest in non-fungible tokens (NFTs) as a gateway to mainstream adoption. The funding was conducted via a…
-
OEC (OKEXChain)’s first NFT asset aggregation platform Dematrix will be launched on the mainnet soon
The official opening of the third phase of OKEXChain has opened a new era of DeFi ecology, which is good news for everyone in the blockchain world. OKExChain is the world’s first transaction chain-a blockchain technology infrastructure built for transactions. Through the development of “blockchain middleware” and operational support for transaction scenarios, it reduces the development costs of application developers and improves users’ Trading experience. As an open public chain ecology, anyone can campaign to become an OKExChain super node, or they can issue their own digital assets, create their…
-
Fintoch: Alleviating DeFi Onboarding Barriers for TradFi
We are no doubt weathering the harshest “winter” in crypto, with CoinGecko reporting a 74.6% DeFi market crash to $36 billion in Q2, 2022. What’s worse is that DeFi related hack is exacerbating this downfall. As REKT Database shown, DeFi related exploits surged significantly in May. Despite the low morale in the crypto market, true believers continue to build in the bear market and TradFi investors are still eager to get a taste of the “hearsay” high yielding DeFi protocols. Fintoch Investment platform, the key product of Morgan DF Fintoch LLC, enters the…
-
Secure and encrypted decentralized chat software
Communication and interaction with people, and the construction of relationship with people. Communication interaction is communication, relationship construction is making friends, that is, people’s social needs are communication and making friends. Where there are people, there is social networking. According to statistics, there are 4.54 billion people in the world who can connect to the Internet. The coverage rate is 60%, and the number of people using social media reaches 3.8 billion, nearly half of the world’s population (calculated according to the total global population of 7.7 billion). In…