DeFi, NFTs, P2E. These are some of the important keywords to the new era of Web3 gaming we are now in. While the rate of adoption and promises held by this new ecosystem is truly spectacular, it had also posed critical problems to the major players namely the gamers, the developers and the investors.
And that is where VersaGames come in play.
Topics Discussed :
- What is VersaGames ?
- Utility of $VERSA
- How to participate in the IGO
- The future of VersaGames
What is VersaGames?
Simply put, VersaGames will be the next-generation games marketplace. Think of something like Steam or Epic Game Store, but specialized for the Web3. Starting with liquidity staking, NFT trading, borrowing/lending and a strong community, it will soon be a powerhouse with all the features.
Most P2E games greatly rewards the early birds, their early supporters. Through this platform, players and investors alike can easily be the pioneers to any upcoming projects, well-filtered by VersaGames teams. Even now, they are providing weekly game reviews for the community.
Utility of $VERSA
All P2E games will surely introduce their own currency. $VERSA will be the main token of VersaGames, in which through this token users can easily swap for any game token they want thanks to the provided LP pairs of $VERSA and the game tokens. This will make venture into any projects easy and seamless.
That's not all the utility that $VERSA will bring of course. As a starting point, the token will also have the following use cases:
Here's the allocation uses and vesting periods of the token.
As a guide:
- Liquidity Pool : $VERSA tokens to use for protocol-owned Liquidity
- LaaS : Treasury reserve of $VERSA to lend to partner game LP on DEXs. This is a revolving supply which will be lent and withdrawn in accordance with partnership agreements.
- Cronos DevFund : Earmarked to invest into Cronos projects that are in line with VersaGames' vision.
- Pool for Future Fundraising : To scale the Versa Games Platform, M&A, and strategic partnerships with platforms or protocols to expand the DAO offering and ecosystem.
- Marketing Fund : For building community engagement and
- Sponsoring promotions.
- Dev/Ops Fund : Maintenance of the protocol and investment into platform expansion.
How to participate in the IGO?
IGO or the Initial Gem Offering of the $VERSA tokens will start in less than 3 days at APRIL 12, 2022–12PM UTC, and will be available in VSS Finance.
The sale will be conducted in 2 ways which is the Gem Fair and the Gem Warehouse.
Participating in the IGO
Eligibility:
Stake xVVS in vaults before the VersaGames IGO sale (required for the basic sale Gem Fair only).
Get CRO-VVS LP tokens, which will be needed to purchase the VERSA token.
Before the sale:
Ensure you have xVVS staked in a vault prior to the sale. xVVS has to be staked before the snapshot is taken in order to be eligible. Refer to the snapshot time and amount required here (required for the basic sale Gem Fair only).
Convert them into CRO-VVS LP tokens by supplying liquidity.
Arm yourself with CRO-VVS LP tokens; these will be your currency to purchase the new token.
During the sale:
Commit CRO-VVS LP tokens. Commit your purchase intention by staking CRO-VVS LP tokens in the IGO smart contract. Note: LP tokens staked in Crystal Farms do not count as IGO participation.
After the sale:
Your VERSA tokens will be immediately claimable once the IGO is completed.
Your allocation of VERSA tokens is calculated based on the overflow.
Any unused CRO-VVS LP tokens will be returned to you automatically upon claiming your VERSA tokens.
Quote from: VersaGames is Launching on VVS Launchpad (IGO) | by Miner Ezzy
For a more detailed step-by-step tutorial: VersaGames IGO on VVS Finance
The future of VersaGames
This is my own two-cents, but if VersaGames can manage to properly achieve what they set out to do, and sticking well to the projected roadmap, which I believe is totally possible with the dedication and transparency from the team, then this will totally revolutionize the whole Web3 gaming, and might be a major powerhouse, which Steam missed out on when they rejected the budding and well blooming P2E industry.
Being part of this platform, this community early on might be one of the luckiest opportunity for me. All that is left is to wait and see~
Disclaimer: All pictures used in the post are owned by their respective owners, I do not claim ownership of any of the pictures and reserve all rights to the owners.
Do not simply take advices from strangers in the net, Do Your Own Research!
And with that, I leave you to these helpful links to help you start exploring the possibilities brought forth by VersaGames and to decide on your own whether to join the ride. Be quick though, IGO starting soon!
- VersaGames' Storefront (check the Whitepaper!)
- VersaGames' Twitter
- VersaGames' Medium
- VersaGames' Facebook
- VersaGames' Youtube
And lest we forget, the main community, home to many passionate members and fun events! VersaGames' Discord~
This is also posted in Medium if preferred. Would appreciate the chance to join the new Lion challenge!.
For those who's yet to unleash their first roar in this thriving space of finance, be sure to check it out! And seriously, check out VersaGames as well!