Pirate Nation's generous token launch

Here be treasure

As an NFT holder and long term player of fully onchain browser game Pirate Nation, it’s nice to see that US dev Proof of Play has announced the launch of its PIRATE token on 13th June.

Although I am a little surprised that it’s launched a game token rather than the token for its L3 Apex blockchain, on which Pirate Nation and future games will run, but more on this later.

Nevertheless, the PIRATE launch looks pretty generous to holders/players with 47% of the total supply of 1 billion tokens allocated to the community, of which 32% will be available to NFT holders and/or Season 0 and 1 players to claim at TGE.

In contrast, the team, advisors and investors have a 12 month cliff to look forward to. All the tokens are due to be unlocked in a monthly cadence across the three years following TGE. Of course, US citizens can’t claim any airdrops.

Just thank the SEC.

As for the point of PIRATE, it will be required to purchase the game’s gem hard currency, which will be used to buy battlepasses, speed up timers, cover missing resources, buy cosmetics etc.

PIRATE will also have external utility in terms of crafting, guild utility and staking, which will be rewarded with PoP Points.

And it appears that these will eventually convert into Apex’s underlying token, which is likely where the ecosystem’s real value will accrue.

For anyone interested, I also have 10 invites left on my referral code!

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Calendar

• Fableborne’s playtest starts for NFT holders — 5th June

• $250 million gaming proposal on Arbitrum voting ends — 7th June

• New Moonfall rewards in Axie Homeland go live — 12th June

• Pirate Nation’s PIRATE token goes live — 13th June

• Ember Sword’s EMBER token goes live — 13th June

• Pixels’ chapter 2 modes go live — 17th June

• Decentraland Game Jam starts — 26th June

• Space-based MMOG Influence launches — 27th June

One Billion Web3 Gamers news

• Another Wednesday, another episode of Blockchain Gaming World hits your podcast provider of choice.

In #171, I talk to Stardust’s CEO Canaan Linder about how he got into the blockchain gaming sector — CryptoKitties, same as me. We go down OG cul-de-sacs such as Loom Network, before talking about what Stardust actually does — tools and UA for devs — including why it’s going through the process of getting money transmitter licenses for all 50 US states.

We also spend some time discussing Canaan’s vision of one billion people playing blockchain games, something I push back on given we only currently have a couple of million players at best.

‘Don’t think linear growth, think exponential,’ is his counter.

You can check out the transcript at BlockchainGamer.biz.