It’s important that you understand rising of Japanese BlockchainGame
Here are some “secrets” about why My Crypto Heroes has such high volume on OpenSea.
The Japanese blockchain game industry forms a unique ecosystem from a global perspective.The cause is mainly the regulation of the Financial Services Agency.
First, since the new listing of tokens is a whitelist system, platforms such as EOS and TRON cannot be used, and it is limited to ETH only.even ERC20 is strictly limited.
Allso,In-game currency cannot be listed. Because the gambling factor is severely regulated, prize money races and odds betting battles are not possible.
Therefore, each company does not issue its own token and must make a profit only with NFT sales / second-time distribution fees.
Under such complicated constraints, it is an interesting phenomenon that Japan’s MyCryptoHeroes maintains the world’s number one active users in the ETH dApps ranking.
What is interesting about the Japanese blockchain game industry is that, as a result of Japan’s own regulation that they have to earn almost all profits only with NFT. Both of game developer and NFT Investor (= game player) are united in event management and promotion.
This public viewing is very good example! It was organized by one of the game player!! not by game developer.It is truly decentralized way!!
Here are more “secrets” about why My Crypto Heroes has such high volume on OpenSea.
Written by MyCryptoHeros Team.
The My Crypto Heroes Playbook — Episode 2: NFT Economics: