Recently, an electronic pet game on
Following "Fren Pet", it also revolves around raising virtual pets. Among the daily tasks, you can get a box by going to the official website or commenting under a certain tweet when you see it during the task. This is why you will see a lot of XPET reviews. xPET developed based on Arbitrum is presented through auxiliary plug-ins to interact with the X platform at a deeper level, attracting a large number of players.
xPET’s unique features and market performance:
The gameplay of xPET is similar to the underlying logic of many GameFi projects. The pets raised by players in the game can automatically pick blueberries (BERRY), which are then processed into gold coins (BPET) in the factory. However, these functions require your pet to be upgraded to level 7 before they are available. You can receive them once every 10 minutes. The factory opens to your pet at level 10. The factory converts blueberries into BEPT coins. Upgrading to level 10 requires about 465 BPET (the current price of BPET is 1.3U per unit). pieces).
The output is related to your factory level, please see the picture below for reference.
Players can use these gold coins to upgrade pets and factories to increase output. This design makes pets and factories seem to become virtual mining machines. Players can calculate input-output and payback cycles, integrating game fun and return on investment, and play while shopping.
xPET and the new paradigm of Web3 advertising:
The integration of xPET's treasure chest function with the X platform provides players with new game challenges and also creates a Web3 advertising model. Treasure chests in the game will randomly appear next to X articles, requiring players to find these treasure chests on the X platform. This design not only increases the interactivity of the game, but also provides a new channel for promoting products or ideas. Players will naturally view these tweets as they search for treasure chests, increasing their reach.
According to data from Dune Analytics, the total number of xPET players has reached 13,293, with approximately 3,848 ETH staked. However, in this kind of game that requires a return cycle, investors may face selling pressure from the first movers and cause losses. This is a risk that players need to be wary of.
xPET’s Token Economics:
The token system of xPET game includes two tokens: BPET and XPET, each of which has different acquisition methods and usage functions. BPET can be obtained through pet production, opening treasure chests or staking BPET.
To obtain XPET, you need to pledge Ethereum (ETH). Players can borrow up to 90% of the XPET token value based on the pledged ETH value. If players want to get back the ETH they originally staked, they need to pay back the XPET tokens they borrowed.
When depositing ETH, choose the ARB chain. After linking your Twitter account, your address will be generated. You need to set up a Google verification code before you can deposit or withdraw.
BPET Token:
How to obtain: BPET tokens can be obtained in several ways.
Pet output: Players' virtual pets can produce BPET tokens when they perform activities in the game, such as picking blueberries.
Open treasure chests: You can also get BPET by finding and opening treasure chests on Twitter.
Staking BPET: Players can choose to pledge their existing BPET tokens to obtain more BPET.
XPET Token:
How to obtain: XPET tokens need to be obtained by pledging Ethereum (ETH).
Lending mechanism: Players can borrow up to 90% of the XPET token value based on the pledged ETH value.
Repayment and Withdrawal of ETH: If players want to get back the ETH they originally staked, they will need to pay back the XPET tokens they borrowed.
Market impact and future prospects:
Since December 5, the price of XPET has continued to rise, with an increase of 91.52% in the past 24 hours, and its market value has reached US$412 million. This strong market performance reflects investors’ high level of attention and active participation in xPET projects.
xPET's success is partly due to its innovative game design and integration with Web3 advertising, which not only provides players with new interactive experiences, but also opens up new paths for marketing. In the future, as more products and ideas are promoted in similar ways, we can foresee that this model will play a more important role in the field of digital currency. If there are more people who are interested, I will simply write a tutorial.
Summarize:
The xPET project not only revived the nostalgia for electronic pets in the 1990s, but also created new waves in the currency circle. Its design that combines gaming with return on investment, as well as its innovative integration with Web3 advertising, brings new vitality to the cryptocurrency market.
