Big Time (BIGTIME) Project Analysis
1. Institute Review
Currently, although Big Time cannot yet be compared to the 3A games of traditional giants, when it comes to the blockchain gaming track, Big Time surpasses the rough and poorly made blockchain games in terms of graphics, gameplay, sound, systems, and more. It can reach the level of a qualified independent game in the traditional gaming field. However, due to Big Time's requirements for hardware and the need for certain skills, it will inevitably limit the entry of some players who are not willing to invest a significant amount of time and effort. Therefore, the key is whether the game can successfully stand out. Factors such as whether the game is outstanding and the built-in economic incentives should be able to attract both blockchain gamers and players from the traditional gaming sector.
The project has undergone several months of minting, and currently, there are 32,667 holding addresses. 90% of the tokens have been minted, with a total trading volume of 135 BTC and 22 million transactions. The 24-hour trading volume is 3.5 BTC, and the over-the-counter price is 0.85 U per token with a minting cost of 0.96 U per token. The current market capitalization stands at 17,850,000 U, and the project has a large number of participants and holding addresses, making it a highly active market.
2. Recent breakout points
Going live on OKEx and Coinbase.
3. Project introduction
Big Time is a large multiplayer online role-playing game (MMORPG) built on the Ethereum blockchain, featuring a leading team and funding in the industry. The game is currently in the testing phase, but it has the foundation of an MMORPG and has conceptualized a sustainable economic mechanism for the game. The game offers a good user experience and has decent playability.
4. Token role
The BIGTIME token has two main functions:
(1) It is used to refine or create and upgrade skin-type NFTs in the Forge and Arsenal.
(2) It is used to pay the entrance fee for the Hall of Honor portal.
5. Token economic model
There are 5,000,000,000 BIGTIME tokens in circulation, and theoretically, they will be generated entirely within the game through in-game actions rather than through token sales to investors. There are three ways to obtain these tokens:
6. Project Highlights
There are 5,000,000,000 BIGTIME tokens in circulation, and theoretically, they will be generated entirely within the game through in-game actions rather than through token sales to investors. There are three ways to obtain these tokens:
Randomly obtain Cracked Hourglasses as one-time items by exploring personal space in the metaverse. Equipping these hourglasses allows players to produce BIGTIME tokens. Cracked Hourglasses, like Time Crystals, are not blockchain assets and are bound to player accounts and cannot be traded.
Players can craft Hourglasses by spending Time Crystals in the functional NFT Timekeeper and then equip them to produce BIGTIME tokens by recharging the Hourglasses.
Players can buy already produced BIGTIME tokens on the market or receive them through team airdrops.
The generation mechanism of BIGTIME tokens ensures that, for the most part, the token supply is related to the allocation of in-game resources, thus providing stability and flexibility to the game's economic model. Producers of BIGTIME tokens in the game mainly require Time Hourglasses and Time Crystals as resources. The price of Time Crystals is fixed in US dollars, while the price of Time Hourglasses fluctuates with market supply and demand, which ensures that if BIGTIME production costs fall below a certain level, producers will reduce token supply, stabilizing the game's economy. The fluctuation in Time Hourglass prices ensures that BIGTIME token production is associated with market activity and actual player demand, increasing the flexibility of the game's economy.
7. Investment institutions
On May 12, 2021, Big Time Studios announced that they had completed a $21 million funding round. The funding was divided into two parts, with the first $10.3 million led by FBG Capital, and participation from North Island Ventures, Digital Currency Group, DFG, OKEx Blockdream Ventures, Alameda Research, LD Capital, YBB Foundation, Circle Financial, and Sound Ventures, created by Ashton Kutcher. Additionally, Big Time Studios raised an additional $11 million, which will be used to invest in game companies willing to use NFT technology. Through multiple NFT sales events since its inception, Big Time Studios conservatively estimated revenue of around $72 million USD. Over 20 game guilds have collaborated on purchasing NFT assets within the Big Time game, including YieldGuild, Merit Circle, Avocado Guild, Loudgg, Neo Tokyo, Black Pool, Polkastarter, YGG Sea, ReadyPlayerDAO, 3D Gamers Guild DAO, and more.
8. Community
Big Time has 250,000 followers on Twitter and 365,000 members on Discord. The Big Time community comprises members from various countries, including the United States, Canada, the United Kingdom, Germany, France, China, India, Brazil, and more.
9. Special economic model
None.
10. Future Outlook
In the context of the current market, despite a decrease in the number of players and trading volumes in the blockchain gaming sector since entering the bear market, the core player base has maintained high engagement, and the overall development progress of the sector has not been significantly affected. Numerous new games are still in development and operation. Once the overall macroeconomic environment improves, the blockchain gaming sector still holds promise. Furthermore, considering the different types and development stages within the blockchain gaming sector, games like Big Time, which involve on-chain assets, are rooted in Web2 gaming, and possess sufficient development and operational capabilities, are expected to have significant growth potential in the future.
About BIGTIME
Project Introduction: Big Time is a large multiplayer online role-playing game (MMORPG) built on the Ethereum blockchain, featuring an industry-leading team and funding. The game is currently in the testing phase but has already established the foundation of an MMORPG and conceptualized the construction of a sustainable economic mechanism for the game. The game provides a good user experience and has achieved a certain level of playability.
Full Name of Token: Big Time
Token Name: BIGTIME
Project Website: https://bigtime.gg/
Project Documentation: Not available
Blockchain Explorer:
Address: https://etherscan.io/address/0x64bc2ca1be492be7185faa2c8835d9b824c8a194#code
Liquidity: https://etherscan.io/token/0x64bc2ca1be492be7185faa2c8835d9b824c8a194#tokenTrade
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
Btok :https://s65535.com/CoinwExchangeEnglish
TG : https://t.me/CoinwExchangeEnglish
CoinW Institute
2023/10/12
Big Time (BIGTIME) Project Analysis
1. Institute Review
Currently, although Big Time cannot yet be compared to the 3A games of traditional giants, when it comes to the blockchain gaming track, Big Time surpasses the rough and poorly made blockchain games in terms of graphics, gameplay, sound, systems, and more. It can reach the level of a qualified independent game in the traditional gaming field. However, due to Big Time's requirements for hardware and the need for certain skills, it will inevitably limit the entry of some players who are not willing to invest a significant amount of time and effort. Therefore, the key is whether the game can successfully stand out. Factors such as whether the game is outstanding and the built-in economic incentives should be able to attract both blockchain gamers and players from the traditional gaming sector.
The project has undergone several months of minting, and currently, there are 32,667 holding addresses. 90% of the tokens have been minted, with a total trading volume of 135 BTC and 22 million transactions. The 24-hour trading volume is 3.5 BTC, and the over-the-counter price is 0.85 U per token with a minting cost of 0.96 U per token. The current market capitalization stands at 17,850,000 U, and the project has a large number of participants and holding addresses, making it a highly active market.
2. Recent breakout points
Going live on OKEx and Coinbase.
3. Project introduction
Big Time is a large multiplayer online role-playing game (MMORPG) built on the Ethereum blockchain, featuring a leading team and funding in the industry. The game is currently in the testing phase, but it has the foundation of an MMORPG and has conceptualized a sustainable economic mechanism for the game. The game offers a good user experience and has decent playability.
4. Token role
The BIGTIME token has two main functions:
(1) It is used to refine or create and upgrade skin-type NFTs in the Forge and Arsenal.
(2) It is used to pay the entrance fee for the Hall of Honor portal.
5. Token economic model
There are 5,000,000,000 BIGTIME tokens in circulation, and theoretically, they will be generated entirely within the game through in-game actions rather than through token sales to investors. There are three ways to obtain these tokens:
6. Project Highlights
There are 5,000,000,000 BIGTIME tokens in circulation, and theoretically, they will be generated entirely within the game through in-game actions rather than through token sales to investors. There are three ways to obtain these tokens:
Randomly obtain Cracked Hourglasses as one-time items by exploring personal space in the metaverse. Equipping these hourglasses allows players to produce BIGTIME tokens. Cracked Hourglasses, like Time Crystals, are not blockchain assets and are bound to player accounts and cannot be traded.
Players can craft Hourglasses by spending Time Crystals in the functional NFT Timekeeper and then equip them to produce BIGTIME tokens by recharging the Hourglasses.
Players can buy already produced BIGTIME tokens on the market or receive them through team airdrops.
The generation mechanism of BIGTIME tokens ensures that, for the most part, the token supply is related to the allocation of in-game resources, thus providing stability and flexibility to the game's economic model. Producers of BIGTIME tokens in the game mainly require Time Hourglasses and Time Crystals as resources. The price of Time Crystals is fixed in US dollars, while the price of Time Hourglasses fluctuates with market supply and demand, which ensures that if BIGTIME production costs fall below a certain level, producers will reduce token supply, stabilizing the game's economy. The fluctuation in Time Hourglass prices ensures that BIGTIME token production is associated with market activity and actual player demand, increasing the flexibility of the game's economy.
7. Investment institutions
On May 12, 2021, Big Time Studios announced that they had completed a $21 million funding round. The funding was divided into two parts, with the first $10.3 million led by FBG Capital, and participation from North Island Ventures, Digital Currency Group, DFG, OKEx Blockdream Ventures, Alameda Research, LD Capital, YBB Foundation, Circle Financial, and Sound Ventures, created by Ashton Kutcher. Additionally, Big Time Studios raised an additional $11 million, which will be used to invest in game companies willing to use NFT technology. Through multiple NFT sales events since its inception, Big Time Studios conservatively estimated revenue of around $72 million USD. Over 20 game guilds have collaborated on purchasing NFT assets within the Big Time game, including YieldGuild, Merit Circle, Avocado Guild, Loudgg, Neo Tokyo, Black Pool, Polkastarter, YGG Sea, ReadyPlayerDAO, 3D Gamers Guild DAO, and more.
8. Community
Big Time has 250,000 followers on Twitter and 365,000 members on Discord. The Big Time community comprises members from various countries, including the United States, Canada, the United Kingdom, Germany, France, China, India, Brazil, and more.
9. Special economic model
None.
10. Future Outlook
In the context of the current market, despite a decrease in the number of players and trading volumes in the blockchain gaming sector since entering the bear market, the core player base has maintained high engagement, and the overall development progress of the sector has not been significantly affected. Numerous new games are still in development and operation. Once the overall macroeconomic environment improves, the blockchain gaming sector still holds promise. Furthermore, considering the different types and development stages within the blockchain gaming sector, games like Big Time, which involve on-chain assets, are rooted in Web2 gaming, and possess sufficient development and operational capabilities, are expected to have significant growth potential in the future.
About BIGTIME
Project Introduction: Big Time is a large multiplayer online role-playing game (MMORPG) built on the Ethereum blockchain, featuring an industry-leading team and funding. The game is currently in the testing phase but has already established the foundation of an MMORPG and conceptualized the construction of a sustainable economic mechanism for the game. The game provides a good user experience and has achieved a certain level of playability.
Full Name of Token: Big Time
Token Name: BIGTIME
Project Website: https://bigtime.gg/
Project Documentation: Not available
Blockchain Explorer:
Address: https://etherscan.io/address/0x64bc2ca1be492be7185faa2c8835d9b824c8a194#code
Liquidity: https://etherscan.io/token/0x64bc2ca1be492be7185faa2c8835d9b824c8a194#tokenTrade
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
Btok :https://s65535.com/CoinwExchangeEnglish
TG : https://t.me/CoinwExchangeEnglish
CoinW Institute
2023/10/12