Author: Tiga, W3.Hitchhiker
The Beacon Game Overview
Lighthouse Gameplay Introduction
Lighthouse Game is a PVE game. Players can use the up, down, left, and right buttons to move the character, and use the left and right buttons of the mouse to perform normal attacks and heavy attacks. The game usually has 3 levels. It is relatively easy to pass the first two levels. At this time, if you choose to give up the last level, you can get a random reward of a prop. The last level is more difficult, and you can get three props as rewards after passing it.
Current Economic Model
At present, Lighthouse is a weak economic model. You cannot get tokens by playing games, but you can get NFT props, such as skin accessories, decorative accessories, etc. These accessories can be sold through the NFT market Trove. Lighthouse game currently has three categories of NFTs that can be bought and sold in the Trove market, namely characters, pets, and accessories.
There are 45,180 characters in total, the current floor price is 20 MAGIC, and the number of pending orders is 824 (1.82%); there are 4,096 pets in total, the current floor price is 217 MAGIC, and the number of pending orders is 278 (6.79%); the current total number of items is 33,214, and as players continue to clear levels, they will continue to be produced, and the current number of pending orders is 4,600 (13.7%). In addition, there are many types of game items, and buying and selling depends very much on fate. The probability of ordinary items being sold is not high even if the floor price is set. The handling fee for buying and selling NFTs is 5% of the author's copyright and 2.5% of the Trove handling fee.
Characters can be sold in sets with skin accessories, or individual items can be sold separately.
House decoration items can be used to decorate your own house, or each item can be sold separately. If you withdraw the props in the game to your own account, the game party will charge a withdrawal fee of 0.0003.
Future development path
In the future, the Lighthouse game will open up team combat + social gameplay, but this part has not yet been implemented and the team still has a lot of work to do.
Lighthouse Games is currently a diamond partner (the highest level partner) of TreasureDAO. In the future, Lighthouse Games will most likely receive TreasureDAO’s maximum harvester funding of 6 million MAGIC tokens, which will be used to pay players’ earnings from gold farming.
From the perspective of Lighthouse Games, I am more optimistic about the blockchain game model
First of all, the game must be fun compared to the current gamefi.
The playability of the Lighthouse game is considered playable in GameFi. Most of the GameFi in the last bull market was not playable, and it was purely DeFi. At present, when the gold attribute of the game is approximately equal to 0, there are many people who really play the game in both the Chinese and English channels of Discord, and some players really spend money to buy rare accessories and skins and upload their own clearance videos.
There needs to be a certain money-making effect
In the Chinese Discord channel, there are still a few pure players. Most of the remaining Chinese players are looking forward to the Lighthouse game opening a gold-making mode. In addition, the game is indeed playable, and the NFT floor price of characters and pets has not jumped, and there is no need to sell at a loss. Loyal players still enjoy the game every day.
It’s best to have a “big brother” to lead
There are games that start from scratch in all kinds of ecosystems, but from all aspects, there are few projects that have achieved any results. Backed by a large ecosystem or a big IP, the probability of success will indeed be higher and the market performance will be better.
Benefits of TreasureDAO to Lighthouse Games
Promotion support
At the beginning, Lighthouse was a small and unknown project, and it was difficult for it to do publicity and promotion on its own. In the early days, TreasureDAO and Arbitrum promoted Lighthouse games many times and held many AMA activities. As a relatively large community, TreasureDAO has a certain mass base, and TreasureDAO occupies the leading position in the Arbitrum ecosystem, and has a certain voice in the entire Arbitrum ecosystem. TreasureDAO's publicity and promotion have contributed a lot to the popularity of Lighthouse games.
From another perspective, the listing of MAGIC on Coinbase and Binance can also be seen as an advertisement. When Binance launches a new coin, interested people will learn about what the coin does and how its business is doing. MAGIC tokens also have a certain trading volume, so there will always be people who see MAGIC tokens and want to learn more about them.
financial support
At least at present, there is no evidence that Lighthouse Games has received financial support from Treasure DAO. In the future, Lighthouse Games will receive financial support from TreasureDAO. As a community that has issued tokens, TreasureDAO has 15% of its tokens allocated to the ecological fund, and 30 million+ MAGIC tokens can be produced through game "mining".
According to the announcement of Lighthouse Games, the launch of the gold-farming Harvester has been postponed from March to May. Lighthouse has a high probability of getting the maximum reward of 6 million MAGIC tokens, and producing tokens in conjunction with game activities.
Game infrastructure support
In the current environment, blockchain games require the following supporting services:
DEX: Allow game tokens to be swapped with tokens such as USDC or ETH to ensure good liquidity and trading experience. At present, Lighthouse has not launched its own tokens, but Lighthouse also intends to launch its own BCN. When BCN is launched in the future, it will definitely be listed on MagicSwap on DEX and form a pool with MAGIC.
NFT Market: Allows players to buy and sell game NFT equipment. The Trove trading market experience is not bad, but there will be a 2.5% trading market fee during the transaction process.
Liquidity: Independently operated game developers need to work hard to maintain the liquidity of game tokens and ETH/USDC. Using MAGIC tokens as game tokens (usually MAGIC as a sub-coin) does not need to worry about liquidity issues.
Cooperation within the ecosystem
Lighthouse Games collaborated with Kaijukingz last week. Lighthouse opened a special level in the game with a dinosaur as the animated image. Players have the opportunity to win a limited edition crown helmet accessory by drawing a lottery after defeating the boss. The highest transaction price seen in the secondary market is 500 MAGIC. The current floor price is 180 MAGIC.
Dinosaur is an NFT project, and its current floor price on OpenSea is 0.18ETH.
On March 13, Lighthouse will cooperate with Smolverse of TreasureDAO ecosystem. The cooperation form is also to open a special level, set up a joint BOSS, and produce a limited edition joint prop. Arbitrum PFP top brand Smol Brains (floor price is about 700 MAGIC) is also an NFT series under Smolverse.
TreasureDAO’s all-round support
Treasure and Arbitrum have jointly launched a Game Builders Program (GBP). The main purpose is to support game developers in the Arbitrum ecosystem and to support more potential game projects to enter Arbitrum and Treasure.
The partnership is divided into two levels: Diamond and Gold. Diamond is the highest level of partnership, and TreasureDAO will provide all-round funding to Lighthouse Games, including technology, strategy, game design, listing, community building, operations and funding. The partnership announcement was released in early February, and the specific results of the cooperation need to be observed later.
In summary
TreasureDAO is currently one of the top 3 gaming platform projects (IMX, GALA, MAGIC). It has a certain status in the Arbitrum ecosystem, a certain appeal in the player community, a certain user base in MagicSwap and Trove supporting industries, and many games will be launched in the future. Overall, TreasureDAO is at least a relatively good project among the current observations. However, there are still many problems for the gaming sector projects, which require long-term observation and in-depth research:
How to value, how to value correctly
TreasureDAO currently has a FDV of approximately 600 million. A large part of this valuation is given to the community and future expectations, which is also the most difficult part of the valuation. The valuation of the community depends on TreasureDAO's monetization ability, while the market's future expectations for TreasureDAO and the GameFi sector are difficult to quantify.
moat
The moat that can be thought of at present is that TreasureDAO occupies the leading position of Arbitrum's GameFi, plus the current large number of players. Of course, this moat is not deep, and if a hit game like Stepn appears in the future, it can easily turn the situation around.
How high is the future ceiling?
GameFi track trend: Whether from the financing end in the past year or the observed personnel flow end, the overall presentation of the game track is that it is gathered in the game sector. Games and social networking are also web3 products that are easy to go viral. Games are in line with the general trend of the gradual popularization of web3 in the future.
Platform: Arbitrum is currently the leader in L2, and its ecosystem + community + TVL are all leaders. At least in the medium term, Arbitrum will firmly occupy the leading position in L2. The attention and player participation of launching a game on Arbitrum will be very different from other ecosystems.
TreasureDAO has a good position in both timing and location. The key is the harmony of people. Whether the ecosystem can produce phenomenal products is a question that cannot be answered at present. We need to continue to observe and take it one step at a time.
