At the beginning of this year, “Nyan Heroes”, which had been dormant in the bear market for a long time, finally made a “big move”. The official announced the launch of the early access "Play-to-Airdrop" event. The two-week early access game test will be conducted on the Epic Games store and is expected to be launched this month. Nearly two and a half years after the launch of the Nyan Heroes project, its community and players finally have the opportunity to obtain the ecosystem’s native token NYN for the first time.
"Nyan Heroes" is a third-person shooting battle royale game built on Solana. The development team positions it as a AAA game, benchmarking Epic Games' third-person shooting game "Fortnite" and Respawn's tactics. Competitive game Apex Legends.
圖源：《PANews》
Nyan Heroes in the Crypto Bear Market: Valuation of Hundreds of Millions, Financing of Ten Millions, ID0 Delayed
In November 2021, Nyan Heroes completed a US$2.5 million seed round of financing, led by Three Arrows Capital, Mechanism Capital and DeFiance Capital, with participation from Sino Global Capital, Infinity Ventures Capital, Solana Ventures, Skyvision Capital, Yield Guild Games and Merit Circle.
Nyan Heroes used the funding to quickly expand its team. In March 2022, Nyan Heroes has grown from an initial small team of 5 to more than 40 members, with two-thirds of the team coming from AAA game developers such as Riot Games, Ubisoft and EA. Nyan Heroes also updated the news and stated that ID0 will be held in the second quarter of the same year, and the relevant contracts and portals are ready.
In May 2022, Nyan Heroes completed strategic financing of US$7.5 million at a valuation of US$100 million. Participating VC investors include Kosmos Ventures, Sino Global Capital, Shima Capital, Perock Capital, Morningstar Ventures, 32-bit Ventures, Crypto.com , Tess Ventures, Master Ventures, Wave7, Ancient8, Drops Ventures, Andromeda Capital, Salad Ventures, MonkeVentures, Moonchain Capital and Snackclub. The day after officials announced the news of this round of financing, Nyan Heroes said that after consulting team members, investors, advisors and the Nyan Heroes community, the team unanimously voted to postpone its ID0 until future market conditions are more favorable.
圖源：《PANews》
Early access to Play-to-Airdrop
The basic gameplay of Nyan Heroes is a team shooting game. The protagonist of the game is a kitten who can pilot and control giant mechas. This can also be seen from the name of the game - Nyan refers to kitten or kitten in Japanese. scream. In the game, players can use kittens with unique abilities, customized weapons and modular mecha equipment to defeat their opponents, and explore a variety of strategic game styles.
The game’s Early Access playtest will be available on the Epic Games Store and is open to all players. According to the announcement, players need to perform the following operations to obtain air investment qualifications:
Join the community: Follow Nyan Heroes’ Twitter account and Discord community;
To sign up: Complete the pre-registration form;
Holding NFTs: Players who own Nyan Heroes NFTs (Nyan Heroes or Guardians) will be eligible for additional airdrop rewards;
Participate in Events, Contests and Challenges: Those who don’t have NFTs can earn Genesis Series NFTs in some of the challenges Nyan Heroes plans to host in the coming weeks to use these NFTs to increase airdrop rewards during the Play2Airdrop event
There are currently limited details revealed about the event, and the team will release more airdrop event updates and details in the coming weeks.
圖源：《PANews》
Tokenomics changes, abandoning dual-token model
Nyan Heroes created a dual-token model of $CTNP and $NYN in the initial token economics, which function as governance tokens and in-game utility tokens respectively. With the changes in the development trend of the chain game industry, the dual-token model of the "governance" token $AXS and the "in-game" token $SLP pioneered by Axie Infinity is no longer a model, and many developers have given up on complicated matters. Token economics began to change to a fixed-supply single-token model.
As the game continues to be developed, Nyan Heroes also abandons old thinking. According to its latest "White Paper 2024", the Nyan Heroes ecosystem will only use the native token $NYAN (the same token as the $NYN mentioned at the beginning of the article, $NYAN is the name used for the token in the white paper) , the total supply is 1 billion. The value accumulation of $NYAN tokens is achieved through a variety of channels, including the distribution of market transaction fees and minting fees, as well as fund management through the purchase of tokens. Due to these mechanisms, the supply of $NYAN tokens will decrease over time, with the rate of deflation depending on the frequency and size of network activity and market transactions. $NYAN will also continue to function as a governance token and is bound to a staking mechanism.
圖源：《PANews》
In the game, the original in-game token $CTNP will be replaced by the traditional virtual game currency $CATNIP, which can be used to purchase skins, loot boxes, advanced high-end consumption and other game items to unlock characters, equipment and more faster. Modifiers and used for in-game market transactions, high-stakes competition entry fees, and as in-game rewards for players. $CATNIP is not an on-chain token and has a fixed value. Its model is closer to Robux in Roblox, the leading game in the Metaverse. Through this change, Nyan Heroes aims to effectively eliminate the incentives for non-players to influence currency prices through speculation, so as to promote the healthy development of the game economy.
Route planning for Nyan Heroes
In the white paper 2024, Nyan Heroes updated its roadmap for 2024 and beyond. Its plans for this year include: launching a token airdrop in the first quarter; launching online tokens; providing early access to Nyan Heroes; conducting land sales, and will Launch of $NYN staking and Nyan Heroes closed beta, as well as release of Guardian NFT, introducing new characters and elements to the game.
圖源：《PANews》
However, based on Nyan Heroes’ past experience, there may be a question mark as to whether the above-mentioned plan for this year can be implemented. As a AAA game, a long game development cycle is an inevitable process. Nyan Heroes did not "strike while the iron was hot" in the early stages and raised funds from users. For a team that focuses on game development, it is also a responsible attitude to some extent. Although they have survived the bear market, Nyan Heroes still have a long way to go, and PANews will continue to pay attention.
This article is reproduced with permission from: "PA News"
Original author: Zen, PANews
