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ALICE is an Ethereum token that powers My Neighbor Alice, a blockchain-based multiplayer game that lets players build virtual homes, farms, and more. ALICE can be earned through in-game participation, staking, platform governance, and can be used to purchase in-game items.
MyNeighborAlice is a multiplayer builder game that incorporates blockchain technology, offering a unique combination of gaming and decentralized finance (DeFi) features. The game is set in a virtual world where players can acquire and own virtual islands, collect and build items, and interact with other players. The game's currency, ALICE, is utilized for acquiring items or virtual land, and can also be staked to access special quests. MyNeighborAlice seeks to introduce blockchain to a diverse gaming community, without requiring prior knowledge of cryptocurrency and blockchain. The game draws inspiration from popular sources like Animal Crossing and Minecraft, and is built on the Chromia blockchain.
In MyNeighborAlice, players can acquire virtual real estate from Alice, the game's central figure, or from the internal marketplace. All acquired land is represented as a Non-Fungible Token (NFT). Players can decorate their virtual land with in-game items like houses, lakes, decorations, animals, plants, and more. These items are also represented by NFTs and can be traded through the marketplace or marketplaces on other blockchains. Players can enhance their reputation by completing quests and activities in the game. Shared quests enable players to work on a common goal and participate in community-created events.
MyNeighborAlice offers a variety of use cases, primarily in the realm of gaming and decentralized finance. Players can engage in various activities designed to appeal to a wide target audience. The central game feature is virtual islands, which players can acquire and decorate with in-game items. These items, represented by NFTs, can be traded through the marketplace, providing a potential source of compensation for players. Additionally, players can stake the ALICE token to access special quests, and receive ALICE for completing quests and accumulating experience points. Token holders can also use ALICE to vote in governance proposals, giving them a say in the future development of the game.
MyNeighborAlice was built by Antler Interactive, a Swedish interactive mobile game studio previously known as SVRVIVE Studios. In 2019, Antler Interactive was acquired by ChromaWay, a blockchain development company that is behind the Chromia blockchain. The game has raised $2.1 million in two rounds of funding from VC funds like Coin98 Ventures, Kyros Ventures and raised $100,000 in an IDO round on DAO Maker. The game's developers have announced an $80 million Metaverse Grant Program that will support the most promising ideas to expand the game’s metaverse. The total supply of ALICE is 100 million, distributed among token sale, reserve, ecosystem, community & marketing, team, platform reward, and user incentive.
MyNeighborAlice (ALICE) addresses scalability challenges by utilizing the Chromia blockchain platform. Chromia is designed to tackle the scalability issues of decentralized applications (DApps). It accomplishes this by providing Chroma (CHR) to the Chromia network nodes, which each collaborate with other nodes to validate blocks and form the blockchain. This encapsulation of the entire game on a blockchain seeks to reduce dependency on centralized servers, bypassing performance problems that often result from limited server or network capacity. MyNeighborAlice (ALICE) has plans to expand its NFT support to other prominent blockchain platforms, to increase accessibility for players. In another effort, the game intends to address scalability concerns by striving for efficient transaction processing, with the goal of not compromising on consistency, availability, or partitioning. The intended use of blockchain technology by MyNeighborAlice (ALICE) is to cater to a growing user base, with the goal of maintaining game performance.
MyNeighborAlice (ALICE) has several initiatives in place to foster a vibrant and engaged gaming community. The game has a roadmap for 2023 that includes the introduction of new features and events. In 2022, it introduced features such as a Companion App, a game launcher, community quests, fishing, and farming. The game participated in industry events. For 2023, the game aims to develop crafting, renting, and wardrobe features, introduce Alpha Season 3, and bring in a trading system to foster a dynamic in-game economy. It seeks to expand NFT support to multiple blockchain platforms. The game intends to open a new region in the Lummelunda Archipelago, providing players with a fresh experience and more content for exploration. These initiatives strive to offer improvements within the virtual world gaming and foster a vibrant and inclusive community.
The integration of Non-Fungible Tokens (NFTs) in MyNeighborAlice intends to offer improvements to the gaming experience by providing players with true ownership of their in-game assets. Unlike traditional in-game assets, NFTs in MyNeighborAlice are unique, indivisible tokens stored on a blockchain, ensuring players have genuine ownership of their items, characters, or assets. This is backed by the transparency and immutability of blockchain technology. The uniqueness and scarcity conferred by NFTs contribute to the uniqueness of virtual possessions. NFTs provide a standardized format for representing digital assets, enabling interoperability across different games and platforms. This allows players to use their NFTs in various gaming environments, fostering a seamless experience as they move between virtual worlds. The introduction of NFTs intends to transform in-game economies into player-driven ecosystems, enabling users to participate in the virtual asset ecosystem.
MyNeighborAlice (ALICE) has organized a variety of in-game events. One such event involved farming activities, where players had the opportunity to cultivate crops on their land plots and exchange them with other players. This event aimed to engage the player base and contribute to the in-game economy. Another event was centered around animal adoption, where players could adopt special NFT animals with unique crafting abilities. These animals had the potential to craft new items from other resources, making them intriguing elements within the game. MyNeighborAlice has also organized job posting events, where landowners could post tasks for other players to tend their crops or care for their animals. These events sought to foster player engagement and contribute to the in-game dynamics.
MyNeighborAlice (ALICE) seeks to provide a unique platform for users interested in trading or selling virtual assets in secondary markets. It's a blockchain-based game that aims to make blockchain features accessible and enjoyable for players who are unfamiliar with nonfungible tokens (NFTs). The game allows multiple users to create their virtual worlds, connect with their neighbors, and participate in daily activities to receive non-monetary incentives. Players can use different in-game NFTs to design and decorate their territories. An in-game marketplace facilitates the trading of different game items and NFTs. A progressive reputation system in the game encourages players to improve their status, providing access to exclusive events and NFTs. The native token of the My Neighbor Alice game, the Alice token, facilitates land acquisition and NFT swapping for players. The Alice token is also applicable in certain DeFi contexts.
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
$86.9M
$8.2M
67.9M ALICE
22 days
#478
$2.42
-0.16%
+0.87%
-0.47%
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