Nakamoto Games is a gaming hub for hyper casual mini-games, which are united in a single token-based economy. The Nakamoto Hub is also a publishing platform for third-party mini-games, which allows creators to monetize their product and receive income for reaching a wider player base.
Nakamoto Games unveiled its own blockchain and the Nakaverse about a year ago, and is now evolving to embrace a Web3 approach to gaming. Web3 in this case will include NFT ownership, a wallet-based user identity, and the ability to earn NAKA tokens.
The reach of Nakamoto Games is as wide as possible. The game hub aims to attract a part of the market for mobile and desktop casual games and puzzles. The other target group of Nakamoto Games are former crypto enthusiasts, who know how to use a wallet and are now seeking new sources of value. The third big group is developers, who have the freedom to market their games through the Nakamoto Games storefront.
Nakamoto Games has more than 26K members on its Telegram channel, and 4,535 members in its Discord community as of August 2023. This ecosystem managed to thrive during the bear market, while evolving its game versions and updating its metaverse and marketplace.
How Nakamoto Games Started
Nakamoto Games wanted to be a gaming platform with blockchain features since its initial launch in late 2021. The NAKA token was first brought forward during an IDO, which raised around $70,000. NAKA tokens were offered in the span of a few hours on MoonStarter, a platform for Initial Decentralized Offerings (IDO).
Nakamoto Games has a team of at least 15, with the CEO and most members only known under pseudonyms. We can not confirm the following, but Nakamoto Games made a post on X the other day with updated numbers on employees.
‘’We just want to add and highlight that we currently employ a total of 136 people. Comprising 88 tech enthusiasts, a pair each in finance and HR, ten marketing mavens, and the remaining team ensuring superior customer service. Our blockchain developers, the finest in Thailand, hail from premier tech institutions like Mahidol University and Chulalongkorn University. We stand as an incubator of Asia’s top-tier Web3 talents’’.Nakamoto Games on X
The company is private, with no other known financing rounds. Nakamoto Games has settled for organic growth, and has not reached the fame or volumes of Axie Infinity or other top play-to-earn projects just yet.
The Nakamoto Games content hub opens with a list of games that are accessible as free-to-play. The games include Tank Battle, Spooky Run 2, Candy Shop Story Mode and more. The game model is simple, tapping the recipe that was successful in Web2 desktop and mobile games – an easy to learn model with constant challenges.
NFT Marketplace and Token Economy
The Nakamoto Games economy hinges around NAKA, the native token for the whole ecosystem. NAKA tokens were first traded at the end of 2021, during peak times for play-to-earn games.
NAKA tokens are highly volatile, and ownership is not necessary to join the economy. However, NAKA is important as a currency for trading NFT in the Nakamoto Games marketplace, as an incentive to game-builders, and as a source of passive income through staking.
The weekly prize pools of some games also require NAKA. Players deposit a fee to join a game, then have a chance at redistributing the prize pool. This approach makes Nakamoto Games highly relevant as a Web3 hub, because its games will not be prone to depletion, as is the case with other play-to-earn products. NAKA tokens are constantly recycled and injected back into the game economy.
Starting the free games does not require NAKA tokens. However, for NFT games and play-to-earn games, NAKA may be needed in advance. Nakamoto Games is a relatively older project, with a few years of evolution, and NAKA tokens are listed on several cryptocurrency exchanges. The largest ones include KuCoin and MEXC, which are a source to purchase NAKA tokens. However, the tokens can also be earned in the game, alongside NFT rewards. Still, some of the games in the Nakamoto ecosystem may require an initial sum of NAKA.
NAKA tokens run on the Polygon ecosystem, which is a blockchain widely used for Web3 games.
Rewarding Top Players
Nakamoto Games offers regular play-to-earn income, but top leaderboard players also share in the weekly prize pool. The weekly pool depends on player activity, and will distribute extra earnings to the players with the highest score in games played during the week.
Dozens of Games in Different Categories
Nakamoto Games prides itself in giving developers free rein to create and publish. This is why Nakamoto Games is constantly adding new products, spread across categories. Each game is clearly marked as free or as play-to-earn.
Games are also distributed across categories, with action and shooter games, card games, as well as games where players need NFT to join.
The Nakamoto Games mini-game ecosystem includes features spread across:
- Story-mode games;
- Arcade emporium games (e.g. Pinball).
Nakamoto Games also keeps leaderboards, displaying the best players in current rounds.
Top Nakamoto Games
Hot Nakamoto games include Naka Strike, an in-house development single-player shooter game. The list also includes casual game Corn Popper, Naka Runner, multiple other runner-style games, Brawler Master, the Zaka matching game and more variations on runners, brawlers and action games.
Nakamoto Games is also building a metaverse-style game, the Nakaverse, which is a full-fledged Web3 feature. The Nakaverse requires interaction with the blockchain through a MetaMask wallet.
In August 2023, Nakamoto Games unveiled the Nakaverse 2.0. The goal was to achieve a crossover between a real-world economy and Web3. All participants become owners and expand their engagement through NFT and tokens. As with its previous model, the Nakaverse aims to be sustainable with its incentives and payments.
The Nakaverse retains its main gameplay idea, where players build a city and follow their chosen development strategy. The Nakaverse allows players to have various forms of ownership in the form of NFT, making their world unique and having the ability to monetize and resell items and land plots.
Nakamoto Games Marketplace
Marketplaces are one of the key features in Web3. They are essential hubs and clearinghouses for non-fungible tokens (NFT) where all owners can trade their items, buy new ones and watch out for bidding wars. An NFT marketplace is also key to setting a price level for the items, and is essential for the in-game economy.
Nakamoto Games for now resells only Nakaverse resources and digital land plots. The NFT from other games are not part of the main list of land and resources in the marketplace.
The Marketplace 2.0 launched recently, and Nakamoto Games added payment and transfer features on a newly added blockchain, Binance Smart Chain.
Nakapunks the NFT Collection
The Nakamoto ecosystem also has its own version of the Punks collection. Punks were an early pixel-art NFT collection which helped to kick off the hype for trading avatar pictures and collections. Multiple blockchains repeated a similar model of quirky pictures with a different set of features and several tiers of rarity.
Nakapunks, as they are known, can be minted right now by any wallet owner. The mint price as of August 2023 is around $200 paid in NAKA tokens. Players receive a mystery box of Punks, with the potential for utility and passive earnings within the ecosystem.
Nakapunks also tap NFT traders, who are always waiting for a breakthrough. The Nakapunks collection was among those trending in the summer of 2023, gaining exposure by the overall success of the Nakamoto Games ecosystem.
Nakapunks are one of the riskiest sides of the Nakamoto Games economy. Minting, owning and trading Nakapunks requires a bigger initial investment, and is not for risk-averse players, who are better off with the free-to-play games.
Nakamoto Games Referrals
As with other blockchain economies, Nakamoto Games is offering earning opportunities as an incentive to grow the community.
The Nakamoto Games referral system gives players returns for each additional friend that they bring to the game hub. The referral system requires participation in NFT trading and earnings, as each referral link brings a 3% lifetime passive income. The actual income may vary based on the NAKA token market price.
Short-term tournaments with a prize pool are one way of making Web3 games more popular. Nakamoto Games plans to offer a series of tournaments with pools between $600 and $2,000. The payouts are smaller compared to peak play-to-earn months, but still show a potential for the best players.
Nakamoto Games in 2023
The Nakamoto Games roadmap achieved multiple milestones when it comes to content publishing and evolution from crypto trading into Web3. In 2023, Nakamoto Games plans to launch another high-profile game, Galaxy Grail, featuring collectible cards.
As of June, Nakamoto Games is fully accessible as a mobile app, with in-app NAKA token integration and purchases.
As the year progresses, new developments are expected in the Nakaverse, bringing in NFT from other blockchains.
Nakamoto Games is ranked at position 444 based on DappRadar data about blockchain activity. However, the free-to-play offline games may not be reflected in these statistics. Nakamoto Games is highly active on social media and is attempting to grow despite the challenges to Web3. The hub has been releasing native games every few months for the past years, and continues to invite new mini-games from third-party teams.
Last week was monumental for us! Blazing trails with record numbers: 62,888 gameplays on Telegram, 19,364 in F2P, and 8,288 in P2E! Traction at Nakamoto Games is soaring. Hyper-casual games are taking the lead. Gear up for an action-packed week as we turbocharge the play-to-earn revolution with more games launching.Nakamoto Games