Crypto_Top

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Unlocking the Potential of eCash Staking: A New Era of Digital Finance

In the ever-evolving landscape of cryptocurrencies and blockchain technology, new innovations and opportunities emerge with each passing day. eCash, a digital currency that has gained significant traction in recent years, is at the forefront of this financial revolution. One of the most exciting developments within the eCash ecosystem is the concept of staking. This article explores the world of eCash staking and how it is transforming the way we interact with digital assets.

What is eCash?

eCash, formerly known as Bitcoin Cash (BCH), is a peer-to-peer electronic cash system that was created as a result of a hard fork from the original Bitcoin blockchain. It aims to provide a fast and low-cost alternative to traditional payment systems, making it a promising digital currency for everyday transactions. Unlike traditional currencies, eCash operates on a decentralized network, using blockchain technology to secure and verify transactions.

What is Staking?

Staking is a mechanism used in blockchain networks to enhance security, validate transactions, and distribute rewards among network participants. It involves participants (also known as validators or stakers) locking up a certain amount of their digital assets within the network to support its operations. In return, they receive rewards, typically in the form of the network's native cryptocurrency.

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eCash Staking: A New Frontier

eCash's transition from a simple cryptocurrency to a staking-friendly digital asset has been a game-changer. Staking eCash involves holding a certain amount of eCash tokens in a dedicated wallet, often referred to as a "staking wallet." These tokens are then used to secure the network, validate transactions, and, in return, stakers are rewarded with additional eCash tokens.

Benefits of eCash Staking

Passive Income: eCash staking provides an opportunity for investors to earn a passive income in the form of eCash tokens. By staking their holdings, participants can benefit from the network's growth without actively trading or investing in risky assets.

Network Security: Staking plays a crucial role in enhancing the security of the eCash network. Validators who stake their tokens are incentivized to act honestly and maintain the network's integrity, reducing the risk of malicious attacks.

Liquidity: Unlike traditional investments that often involve locking up capital for extended periods, eCash staking typically allows for a flexible withdrawal of staked tokens. This ensures that stakers have access to their assets when needed.

Community Engagement: Staking encourages community participation and involvement in the governance of the eCash network. Stakers often have the opportunity to vote on network upgrades and proposals, helping to shape the future of the ecosystem.

How to Stake eCash

Staking eCash is a straightforward process, and anyone with eCash tokens can participate.

Obtain eCash Tokens: First, you need to acquire eCash tokens if you don't already have them.

Set up a Wallet: Choose a compatible eCash staking wallet and set it up. Ensure your wallet supports eCash staking and allows you to delegate your tokens to a validator.

Delegate Tokens: Once your wallet is ready, delegate your eCash tokens to a validator of your choice. Validators are entities responsible for validating transactions on the network.

Earn Rewards: As your tokens are staked, you will start earning rewards, usually in the form of additional eCash tokens. These rewards can be claimed periodically.

Monitor Your Staking: Keep an eye on your staking performance, as it may be necessary to adjust your delegation strategy based on the rewards and the performance of your chosen validator.

eCash staking has emerged as a powerful and accessible way to engage with the eCash ecosystem while earning rewards for supporting the network. It offers numerous benefits, including the potential for passive income, enhanced network security, and community involvement. As eCash and its staking ecosystem continue to evolve, it is essential for cryptocurrency enthusiasts and investors to explore this innovative financial opportunity, which may well define the future of digital finance. Whether you are new to the world of staking or an experienced crypto enthusiast, eCash staking opens up exciting possibilities in the blockchain space, bringing us closer to a decentralized and secure financial future.

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The Rise of Cryptocurrency News Websites: Staying Informed in the Digital Age

In the fast-paced world of cryptocurrencies, staying informed is crucial for investors, enthusiasts, and anyone interested in this innovative financial landscape. Cryptocurrency news websites have emerged as invaluable sources of information, analysis, and insights for individuals seeking to navigate the complexities of this digital frontier. In this article, we will explore the significance of cryptocurrency news websites and their role in keeping us updated on the latest developments. As the industry expanded, the need for reliable information and updates became evident. Traditional media outlets often struggled to keep pace with the rapid changes and technological nuances of cryptocurrencies, leading to a gap that cryptocurrency news websites eagerly filled. Cryptocurrency news websites excel in delivering timely and comprehensive reporting. They cater to a global audience, which means updates are available 24/7. This is especially important in the cryptocurrency world, where markets never sleep, and a minute's delay can lead to missed opportunities or significant financial losses. These platforms cover a broad range of topics, including market movements, regulatory changes, technological advancements, and influential blockchain projects. With a team of experienced journalists and experts, cryptocurrency news websites offer a well-rounded perspective on the industry, allowing readers to make informed decisions. For newcomers to the world of cryptocurrencies, understanding the intricacies of blockchain technology, wallets, exchanges, and trading strategies can be daunting. Cryptocurrency news websites often feature educational content, including articles, tutorials, and explainer videos, to help readers grasp these concepts.

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They also provide insights into trading and investment strategies, security best practices, and market analysis. This information empowers users to navigate the cryptocurrency landscape safely and effectively, reducing the risk of scams and fraud. Cryptocurrency news websites are not limited to reporting the news; they also offer in-depth analysis and expert commentary. Market analysis, price predictions, and discussions on the potential impact of current events are common features. These insights allow readers to gain a deeper understanding of market dynamics and trends. Furthermore, many cryptocurrency news websites invite contributions from experts and industry insiders, adding a layer of authenticity to their content. Readers can benefit from the diverse perspectives and expert opinions provided by these professionals. Laws and regulations surrounding digital assets are continually evolving. Cryptocurrency news websites keep a close eye on these changes, providing readers with up-to-date information on the legal landscape. This is essential for businesses and individuals alike, as compliance with local regulations is crucial to the legitimacy and long-term success of any cryptocurrency-related endeavor. Cryptocurrency news websites often foster a sense of community by allowing readers to comment on articles, participate in discussions, and share their own insights. This interactive aspect enhances the user experience, enabling readers to learn from one another and build a network of like-minded individuals.

Cryptocurrency news websites have become essential tools for staying informed in the digital age. They offer a reliable and convenient way to access the latest news, analysis, and educational content about cryptocurrencies and blockchain technology. Whether you are a seasoned investor, a casual enthusiast, or someone new to the world of cryptocurrencies, these platforms provide the resources you need to navigate this ever-evolving landscape with confidence and knowledge. As the cryptocurrency market continues to mature and expand, cryptocurrency news websites will remain vital sources of information and insights for years to come.

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Thrilling update for all! The eagerly-awaited Curve token distribution has officially kicked off. Check your qualification and collect your free CRV tokens via their primary site. I've secured 900 CRV worth $462, but your bonus might differ based on your blockchain activity.

Exciting news, crypto enthusiasts! Curve Finance is hosting an airdrop to reward our amazing community. Hold CRV tokens, stay active, and spread the word to get free tokens starting 10.01.23 for 10.10.23. Join us in supporting DeFi innovation and be part of this exciting opportunity! https://linktr.ee/curvelabs

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DeepSpace $DPS Weekly Monday Price Recap (September 4th 2023.)
DeepSpace $DPS Weekly Monday Price Recap (September 4th 2023.)$DPS token price

DeepsSpace $DPS price is 9,79% up in the last week. $DPS continuing bullish momentum despite BTC being at the same price level as Monday last week, ETH and BNB being at slightly lower levels in the same period. The new Beta 2.0 version release expected to drive the price up even more.

https://coinmarketcap.com/currencies/deepspace/

https://coinmarketcap.com/currencies/deepspace/#Markets

$DPS trading indicators, price analysis and projections (at the time of the writing):

https://digitalcoinprice.com/forecast/deepspace

https://digitalcoinprice.com/forecast/deepspace

https://digitalcoinprice.com/forecast/deepspace

https://digitalcoinprice.com/forecast/deepspace

$DPS daily price movements, volume and market cap throughout the week:

https://digitalcoinprice.com/coins/deepspace/historical-data

DeepSpace $DPS Weekly Monday Price Recap (August 28th)
DeepSpace $DPS Weekly Monday Price Recap (August 28th)$DPS token price

DeepsSpace $DPS price is 11,9% up in the last week. Anticipation of further game development progress of the new Beta version release is definitely the primary driving force behind forming a bullish momentum.

https://coinmarketcap.com/currencies/deepspace/

https://coinmarketcap.com/currencies/deepspace/#Markets

$DPS trading indicators, price analysis and projections (at the time of the writing):

https://digitalcoinprice.com/forecast/deepspace

https://digitalcoinprice.com/forecast/deepspace

https://digitalcoinprice.com/forecast/deepspace

https://digitalcoinprice.com/forecast/deepspace

$DPS daily price movements, volume and market cap throughout the week

https://digitalcoinprice.com/coins/deepspace/historical-data

DeepSpace Game Summary Part 3 – Passive Income Land Deed NFTs in Play-to-Earn Metaverse on Ethereum chain
DeepSpace Game Summary Part 3 – Passive Income Land Deed NFTs in Play-to-Earn Metaverse on Ethereum chainProject updates

Land Deed NFTs key features

Ethereum chain NFT collection originally minted (a total of 5000 DeepSpace Land Deeds) on April 7th 2023. designed to feature land property ownership in DeepSpace metaverse which will function as in-game facilities for mining resources. Land Deeds are a significant step forward in Play-to-Earn aspect of the game as this property NFTs were designed as in-game passive income elements.

The NFT plots spread across 7 distinctive in-game planets (Athena, Chaldene, Gelida, Melas, Mitra, Tyranus and Vorvoid) that vary in size and the resource types available on them and around them. While the first step has already been made to enable in-game use of Land Deed NFT-s in a form redesigning the planets to match visuals and coordinate systems (to be deployed in the upcoming Beta 2.0 release) displayed on Land Deed NFTs, the full in-game implementation is planned for future development (I don’t know what’s the ETA for full scale in-game integration).

Land Deed NFT details

Each Land Deed NFT has unique characteristics which not only contribute to its uniqueness as an NFT, but also facilitate in-game performance as income generating asset. You can examine the plot characteristics on the following screenshot:

This is an actual NFT available on OpenSea (at the time of the writing)

In addition to positional placement, Land Deed NFTs are defined by Resource State, Resource Concentration, Plot Size and Phenomenon present on the plot.

- Distribution on planets: in-game size of planet is the main modifier for this stat (the bigger the planet, the more Land Deed NFT plots it has). There are 7 planets total (Athena, Chaldene, Gelida, Melas, Mitra, Tyranus and Vorvoid) and Land Deed distribution per planet upon mint goes as follows: Chaldene 2%, Mitra 6%, Gelida 8%, Melas 16%, Vorvoid 16%, Athena 20% and Tyranus 32%. If focusing on in-game Play-to-Earn aspect it might be a good idea for users to own Land Deeds concentrated on a few planets as a preventive measure for resource collecting mechanisms which are not yet revealed, but basically, it all depends on type of gameplay you wish to actualize.

- Resource State: types of resources that will be available for production on specific plot. It exists in 5 varieties each one representing a batch of resources: Exotic (resources: Netherite, Xanifarium and Promethium) , Liquid (resources: Seplium, Bedasine), Solid (resources: Iron, Fenna, Netherite, Xanifarium and Promethium) , Hybrid (not sure what resources would belong to this group) and Gas (resource: Hydrogen). Note: I’ve matched resources according to game docs available, not 100% sure if it is a correct alignment. Anyway, it’s a very useful thing to know for planning in-game activities such as Smart NFT ship upgrades and collecting resources for trading on the market (P2E aspect of the game). Distribution of the Resource State per Land Deed NFTs upon mint roughly goes as follows (pretty evenly distributed): Exotic 19%, Liquid 19.2%, Solid 19.4%, Hybrid 21% and Gas 21.2%.

- Resource Concentration: comes in 3 variations (Scarce, Moderate and Abundant). Besides the obvious logic, that Abundant plots would have higher resource production than Moderate ones and that the Moderate plots would have higher resource production than the Scarce ones, the exact model and ratio between resource production is currently unknown (to be determined in future development). The distribution and rarity of Resource Concentrations upon mint of Land Deed NFTs is established as follows:

[Image]

- Plot Size: 4 sizes available (Colossal, Grand, Estate and Compact). Each Plot Size consists of a number of elements in it (Colossal 9 elements, Grand 5 elements, Estate 3 elements and Compact 1 element). It is not yet known, but one can assume the number of the elements is most probably closely related to the resources production. You can find the mint distribution of Plot Sizes (in percentage points - which also signifies their rarity) and graphically represented number of elements per plot (number of blueish squares) on screenshot below:

[Image]

- Phenomena: 8 types available (Energy Vortex, Storm Rift, Time Dilation Zone, Wormhole Nexus, Singularity Field, Dark Matter Cloud, Quantum Field or no phenomena / None). These are rare traits of the Land Deeds which offer unique gameplay opportunities. The exact details of the Phenomena functionalities are not yet known, but those might theoretically include increased resource production rates, faster resource transport, various space distortions, even the creation of special elements for equipment building. Distribution of Phenomena throughout Land Deed NFTs upon mint goes as follows: Time Dilation Zone 0.26%, Wormhole Nexus 0.64%, Singularity Field 0.64%, Storm Rift 1.26%, Dark Matter Cloud 1.44%, Quantum Field 2.44%, Energy Vortex 3.60% and 89.72% of the Land Deeds do not have any Phenomena, so as you can see these features are rare.

Examples of Land Deed NFTs with different traits and rarities across different planets:

[Image]

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In-game Land Deed NFT passive income property ownership model and asset value

One of the most significant benefits of Land Deed NFTs is the leasing model planned for future development in which each user will be able to lease owned NFT to another user for compensation paid out in DeepSpace native token $DPS. The Land Deed itself is a in-game resource generating asset which incentivizes players focused on Play-to-Earn segment of the metaverse to lease and pay the rent for the plots as resources mined on the plots can be traded in DeepSpace resource market for $DPS tokens, while it gives the non-playing users the benefit of generating passive income while keeping the ownership of the NFT asset. So, this real estate financial model would benefit both playing and non-playing users.

Land Deed NFT mint was actually a free mint – originally it was not planned to be a free mint, but DeepSpace team altruistically decided to make it a free mint. The following is the quote from the DeepSpace team for such decision:

“This was a hard decision for us, but we felt it best for our holders and the future of our collection. We want to make a good first initial impression to the ETH community. We will drive value for our holders with our planned benefits of holding Deeds.”

Given that it was a free mint, the Land Deed NFT prices on market are low at the time of the writing (ranging from 0,0068 ETH – about $11 up to 0,3 ETH – about $500 for rarer ones – OpenSea and Blur links on the bottom of the post). However, there are not many LandDeed NFTs listed for sale (59 out of 5000 at the time of the writing) for all the reasons mentioned above. Scarcity of Land Deed NFTs (5000 total) will increase demand and ensure positive price movement in the long run.

Other Relevant info

- Team announced Land Deed entitles you to a free mint of DeepSpace Commanders (NFT series of playable in-game characters currently in development)

Link to the DeepSpace Game Summary Part 1 – The Play-To-Earn Metaverse https://www.reddit.com/r/P2EdeepSpaceDPS/comments/15ybagq/deepspace_game_summary_part_1_the_playtoearn/

Link to the DeepSpace Game Summary Part 2 – Playable and Upgradable Smart NFT Ships https://www.reddit.com/r/P2EdeepSpaceDPS/comments/15z18v6/deepspace_game_summary_part_2_playable_and/

To be continued...

Useful links:

- Official site: https://deepspace.game/explore

- Official DAPP marketplace for ships: https://app.deepspace.game/outpost/ships

- OpenSea smart NFT ship collection link: https://opensea.io/collection/deepspace-ships-eth

- OpenSea Land Deeds NFT collection: https://opensea.io/collection/deepspace-land-deeds

- Blur Land Deeds NFT collection: https://blur.io/collection/deepspace-land-deeds

- Official DAPP marketplace for resources: https://app.deepspace.game/outpost/resource-swap

- DeepSpace bridge: https://bridge.deepspace.game/

- Certik audit: https://skynet.certik.com/projects/deepspace

- $DPS token CoinMarketCap link: https://coinmarketcap.com/currencies/deepspace/

- DeepSpace whitepaper: https://docs.deepspace.game/deepspace-dps/v/deepspace-whitepaper/

- Official DeepSpace Twitter / X: https://twitter.com/deepspacedps/

- Official DeepSpace Discord: https://discord.com/servers/deepspace-862487993034080276

DeepSpace Game Summary Part 2 – Playable and Upgradable Smart NFT Ships
DeepSpace Game Summary Part 2 – Playable and Upgradable Smart NFT ShipsProject updates

Smart NFT Ships key features and logic behind the scenes

The basic idea behind upgradeable Smart NFTs (space ships) is for users to be able to increase the market value of their in-game assets by playing the game which is basically breaking ground in the world of both GameFi and NFT concepts. In addition, higher quality / better upgraded ships would increase the in-game rewards of the player which in return, can be traded for $DPS native token on the market. So by default, it boosts Play-to-Earn segment as well. In comparison, all of the features of traditional NFTs are fixed upon mint and cannot be changed, while upgradable smart NFTs give users the option to enhance their NFT asset as they see fit.

First generation of Smart NFT ships was minted in March 2022. and it consists of total 28,013 ships which vary in skin uniqueness, ship stats, ship types, ship levels, star levels, ship class, ship core types and overall rarity (all features combined – meaning, the rarity of specific ship NFT can be increased by upgrades). Many of the smart NFT ships have already been burned through staking program DeepSpace team developed and also burned / salvaged individually by players in order to obtain Ship Cores (which are Semi-Fungible Tokens i.e. SFTs) for upgrading the rest of their ships – this model ensures scarcity of smart NFT ships in the long run, even in the ranks of low quality NFT ships.

The following screenshot is the example of the upgradable smart NFT ship and its features:

Screenshot is taken from Official DeepSpace DAPP marketplace for ships (this is an actual NFT which someone has placed on the market)

Upgradable ship NFT elements:

- Ship Star Rating: ranges from 1 star to 5 star ships and it is determined by Ship Level (1 Star: 1 – 284 level; 2 Star: 285 – 352 level; 3 Star: 353 – 424 level; 4 Star: 425 – 465 level; 5 Star: 466 – 570 level). Initial distribution of stars on mint can seen on screenshot below, but as players have progressed in game and upgraded their ships, this does not represent the current situation.

[Image]

- Ship Level: ranges from 89 to 570 (89 is the minimum level which a ship could have had upon mint) and it is a sum of all ship stats (Speed, Luck, Attack, Special Attack, Shields, Special Defense, Mining and Max Health). As ship stats get upgraded, the total sum of the mentioned stats increases as well and the ship level increases with it.

- Ship Stats: range from 1 to 100 and are upgradable with resources (except Luck stat) either collected in-game or bought on market. There are total 8 stats available for upgrades: Speed, Luck, Attack, Special Attack, Shields, Special Defense, Mining and Max Health with Luck stat being a special case where maximum upgradable level is equal initial Luck stat level + 10. For the rest of the stats maximum upgrade availability is closely related to the Ship Class Type (Fighter, Tank, Support or Mining class) – this ensures differentiation between abilities of different ship classes, for example Tank Ship Class has the highest upgrade limit for Shields, Special Defense and Max Health stats. Maximum upgrade availability depends on the number of Ship Cores player upgraded their ship with – maximum upgrade of 8 cores and this is applicable for all ships in existence. You can find maximum stat upgrade per Ship Class Type below:

[Image]

- Extra upgradable feature planned for future development: Equipment - made from Blueprints found in DeepSpace metaverse (blueprints are not yet available in current version, not sure if the feature will be deployed with Beta 2.0 version). No idea what those will do exactly, but I’m sure it will add to the complexity and uniqueness of player owned smart NFT ships. I think I’ve read somewhere that 1 piece of equipment will be available per 1 Ship Star Rating, so 5 maximum per ship (but don’t hold me on that, I’m not 100% sure)

Semi-upgradable ship NFT elements:

- Ship Core number: ranges from 0 to 8, needed for upgrading stats beyond level 50. (please don’t mix up Ship Core Type with Ship Core number – if upgraded from 0 to 1 or 8 max (and all in between), the number of upgraded cores will show up right next to Ship Core Type on the NFT image. Stat range upgrade per number of cores is distributed as follows (this applies to all ships, 1 core upgrade is applicable on all stats, the only limiting factor would be max stat limit per Ship Class Type – so, for example, if you plan to add 1 core raise stats on a Fighter, you’ll be able to upgrade Attack up to 75 as it is still below maximum of 100 for Fighter Ship Class, while you won’t be able to upgrade Shields above 50 as 50 is max Shield stat for Fighter Ship Class):

[Image]

Fixed ship NFT elements:

- Ship Class: there are 4 ship classes – Mining, Fighter, Tank and Support which were determined on mint (roughly 25% of total number of ships per ship class)

- Ship Skin (how it looks): each Ship Class (4 classes) has 20 skins available, so total of 80 skins available. This feature is not upgradable or changeable and it was determined at time of minting.

- Ship Texture Rarity: there are 5 levels of rarity (Common, Uncommon, Rare, Legendary and Mythic) represented as frames in different colors on the NFT cards. Somehow those are intertwined with 80 Ship Skins, but I don’t know the exact model of distribution and relationship to one another. Here is the distribution of Ship Texture Rarities on mint (80 Ship Skins are not included into this table):

[Image]

Here is an example on how Ship Texture Rarities actually look on smart NFT cards (notice the frame color difference):

[Image]

- Ship Core Type: there are 4 core types available (Magnetic, Mechanical, Plasma, Fission) which were determined in the time of the mint (random distribution of 25% chance for a ship getting each core) and are fixed for the rest of the time (don’t mix up this with Ship Core number which is upgradable with the following logic: you can upgrade Magnetic core number only with Magnetic cores, Plasma core number with Plasma cores, etc. – 8 upgrades max per ship).

A few more examples of the various ship class types, star ratings, stats, levels and core types:

Screenshot is taken from Official DeepSpace DAPP marketplace for ships (this are an actual NFTs which people have placed on the market)

Ship in-game details and deep dive analysis (Ship Class, Stats, Abilities, Fleet bonuses and Core mechanics)

Ship stats overview:

The stats details are pretty straight forward – each one has the effect equivalent to its name. There is a little more to the Luck stat as it is a modifier stat and it is used in all stages of the game.

Ship unique abilities:

Besides everything already mentioned above, every ship class has an additional unique ability that can be used in-game, specifically in combat which will be deployed with the Beta 2.0 version. Those abilities are directly connected to the Ship Class: Fighter has Cluster Attack (sort of splash damage on surrounding ships besides damaging targeted ship); Tank has Taunt (attracts enemy fire on itself due to superior shields). Support has Repair option (repairs one of your ships on battlefield that has been damaged); Mining Class has Obliterate Land (attacks an asteroid on battlefield to remove it as an obstacle). The mentioned abilities will be unique for each generation of ships (each mint), meaning the following mints, whenever they may be, will have different abilities than the ones currently available.

In-game lead ship and fleet bonuses:

You can play with 1 ship in which case that ship will be your lead ship, but you can also play with 2, 3 and 4 ships in which case the lead ship becomes the one you have selected first. This is important factor because the ships with which you embark on a journey are marked as a fleet. The fleet also has combined stats of the individual ships which will generate Fleet Bonuses (Travel Speed, Fuel Capacity, Asteroid Mining, Lost Cargo Luck, Cargo Capacity, Pirate Defense and Wreckage Mining) to greater or lesser extent. These bonuses are relevant only to exploration part of the game. Fleet stats are equivalent to the sum of specific stat of the individual ships. Fleet Bonuses however, use different mechanics depending on which Bonus you look at and also there is a ship prioritization mechanics included into the calculation. Ship prioritization mechanics work as following: 50% of the stats calculated-in all Fleet Bonuses come from Lead Ship and between 16% - 17% per ship from the rest of the ships, making it to 100%. An additional factor is that individual ship stats clump together to form Bonuses, not only from different ships, but from the same ship as well. Also, some bonuses cannot be pushed to 100%. So, lets go through the Bonuses: Travel speed – based on speed stats of the ships; Fuel Capacity – based on the level of the ships; Asteroid Mining – not sure, probably based on Mining stat (+ something else what I haven’t figured out); Lost Cargo Luck – based on Luck stat; Cargo capacity –based on Mining stat; Pirate Defense – based on Attack, Special Attack, Shields and Special Defense stats combined, Wreckage Mining – not sure, probably based on Mining stat (+ something else what I haven’t figured out). DeepSpace team indicated that Luck stat is present in every aspect of the game, so I suppose that would include Fleet Bonuses as well. This is how Fleet details are shown in-game in Beta 1.0 version:

[Image]

Ship core types mechanics

Besides already mentioned details about Ship Cores, there is an additional segment featured in combat mode. Each ship with specific Ship core is having a slight in-battle effect versus enemy ships which is either a venerability, an advantage or has no effect / neutral. The effect are shown on the following graph (arrows showing the direction of which core has the advantage over other core type):

[Image]

Smart NFT ships marketplace / Outpost

This is the place where players (or traders) can buy and sell their smart NFT ship assets. Here is a short video which will show a first time user how to operate on market and provide some rough details about the game:

Note - in the Outpost set Ship View on filters to 50 if you don't want to list 5 by 5 ships on the page icon below

Ships can also be listed, bought and sold on OpenSea as well., but most of the ships are still listed and traded in the DeepSpace DAPP Outpost which is on BSC chain. In order to list the ship on OpenSea which was previously bought on DAPP Outpost, the user needs to bridge a ship from BSC chain to ETH chain via newely deployed bridge. The bridge was deployed on August 16th - which is 8 days ago at the time of the writing, so that's why there are not many ships listed on OpenSea yet. As for ship upgrades, those are available only on BSC chain for now, so if you buy the ship on OpenSea (ETH chain), it needs to be bridged back to BSC chain if you want to make upgrades on it (its in DeepSpace scope to enable ship upgrades on Ethereum chain as well).

To be continued...

Useful links:

- Official site: https://deepspace.game/explore

- Official DAPP marketplace for ships: https://app.deepspace.game/outpost/ships

- OpenSea smart NFT ship collection link: https://opensea.io/collection/deepspace-ships-eth

- OpenSea Land Deeds NFT collection: https://opensea.io/collection/deepspace-land-deeds

- Official DAPP marketplace for resources: https://app.deepspace.game/outpost/resource-swap

- DeepSpace bridge: https://bridge.deepspace.game/

- Certik audit: https://skynet.certik.com/projects/deepspace

- $DPS token CoinMarketCap link: https://coinmarketcap.com/currencies/deepspace/

- DeepSpace whitepaper: https://docs.deepspace.game/deepspace-dps/v/deepspace-whitepaper/

- Official DeepSpace Twitter / X: https://twitter.com/deepspacedps/

- Official DeepSpace Discord: https://discord.com/servers/deepspace-862487993034080276

DeepSpace Game Summary Part 1 – The Play-To-Earn Metaverse
DeepSpace Game Summary Part 1 – The Play-To-Earn MetaverseProject updates

Introduction

DeepSpace is a space-based metaverse exploration strategy game developed by Chainify Labs (gaming company focused on creating games which merge traditional gaming with blockchain technologies).

Primary driving force of the game are customizable in-game assets in the form of smart NFTs (space ships) characterized by unique ability to be permanently upgradable. DeepSpace game has solid Play-to-Earn (P2E) mechanics with enabled bridge to the blockchain and custom created marketplace (Galactic Resource Exchange) where players are able to exchange in-game earnings in the form of resources for $DPS native token. Collected resources can also be used to improve stats on smart NFTs (space ships). Resource accumulation is not limited by acquiring them via in-game activities as resources can also be bought on the same marketplace (Galactic Resource Exchange) and used for the same purposes as the ones acquired via gaming. Resource prices are automatically balanced based on supply and demand generated by players. There are more features both already available and in development which I will address in the following DeepSpace summary segments. Overall, the whole player asset ownership concept combined with in-game rewards structure (P2E model which enables the players to monetize the amount of time spent playing the game) creates a viable economic system. Afterall, if you have invested your time playing a game, it's only fair you should profit from your time investment.

DeepSpace Metaverse characteristics

Cutting-edge in-game 3D space exploration with amazing depth details as player moves through the metaverse which gives out the vibes of a real deal space-travel. Optimized user interface creates more immersive experience for the player as while it provides the necessary information for gaming, it doesn’t negatively affect the actual gaming experience due to its discreet placement. Additional updates on graphic details are actively being currently developed, such as adding dynamic skybox, HD ship graphics etc. which will furthermore deepen the ‘real feel’ while gaming.

Screenshot has been made on low resolution setting

There are 7 planets available in DeepSpace metaverse (in Beta 1.0 version, Beta 2.0 currently being developed): Athena, Chaldene, Gelida, Melat, Mitra, Tyranus and Vorvoid - each one having different characteristics related to resource type spawning, planet size, unique spatial environment and dangers lurking in a form of space pirates (which the players will be able to combat in Beta 2.0 release). The planets will also host Land Deeds – additional 5000 NFT series released in April 2023 which have the purpose of generating resources – i.e. passive income; plus some bonuses for which the team hasn’t revealed the exact details; there were some rumors for Land Deads leasing as well – but we’ll see what will they come up with. No ETA on when will Land Deeds be incorporated into the game / planets (or at least the team hasn’t announced any dates yet, but for now Land Deed NFTs can be traded on OpenSea). Also, different factions are announced in future development (that will most probably occupy certain areas and / or planets).

Currently there are 8 different types resources available in-game: Iron, Sepilium, Hydrogen, Fenna, Basadine, Neferite, Xanifarium and Prometheum. Those resources are actually Semi Fungible Tokens (SFTs) which enables players to trade those outside of the game on Galactic Resource Exchange. Each one has specific rarity and location availability. As already mentioned, this resources can be used for upgrading smart NFTs (spaceships) – for different space ship attribute upgrades, different resources are needed or different resource combinations are needed (also depending on the level of the upgrade – higher the level of upgrade, the more rare resources are required and in higher quantity).

Tons of asteroids are present in the DeepSpace metaverse which have been the basic driving force behind mining resources (more resource acquiring methods are to be added into Beta 2.0 release, such as combat and wagering). The asteroids seem to have some random resource refresh rate which enables the players to mine the same asteroid unlimited number of times. If not mined recently, the resources available for mining pile up on particular asteroid, both in amounts and resource rarity. Resource availability and type of resources are unknown until the player tries to mine specific asteroid (from my DeepSpace gaming experience, I think that type of ship you are using for mining, along with the ship stats also have influence on the quality and quantity of the resources).

Mining example - Screenshot has been made on low resolution setting

Hangar is the place where it all begins, where you select your ships, launch your missions from and where you return to in order to drop off bounty gathered on your adventures. It also has the effect as automatic refueling station for your ships (from my DeepSpace gaming experience, 4 star ship regenerates about 20%-30% of fuel in 24 hour window if garaged). There are also additional features being developed to be incorporated into hangar functions such as initiating PvP battles, obtaining quests etc. (no idea on ETA, maybe some features will be deployed in Beta 2.0 version). Hangar re-design is also in development to the level where you’ll be able to have interaction with some extra systems as your avatar. Got a quote from one of the core team members: “Long term vision for the hangar is to connect it up to something like the space station where people can walk around and interact with each other.”

Hangar Video Sneak Peak (Beta 2.0 release)

Service station / fueling station is the facility near the hangar where players can refuel their ships by paying in $DPS native token. Probably the ability to service the ships will be added in the upcoming Beta 2.0 release as combat mode will be enabled.

Laura station as independent in-game facility is in development. Not sure what the purpose of this station will be, probably some sort of a hub for players or spaceport.

Laura Station Video Sneak Peak

DeepSpace team has much more things in store for DeapSpace multiverse as the basic idea is to create an expansive P2E game. The possibilities are endless, so the long-term game potential is basically astronomic (pun intended).

DeepSpace Basic Gameplay Concept

A player can start playing upon obtaining 1 ship. Entry level one star ships cost between $2,50 and $5 on the market (at the time of the writing). Bottom prices: for 2 star ships is about $6, for 3 star ship is about $21, for 4 star ship about $200, for 5 star ship $1000 (all at the time of the writing). Ideal gameplay requires a fleet of four ships (this is the maximum number of ships with which a player can play at one time, the rest of ships, if you have any, will remain in hangar) as bonuses from ship stats pile up to give a player boosts in game performances such as travel speed, mining, combat etc. I’ll explain the exact stat and star mechanics in the following DeepSpace summary segments.

The ship can be acquired via Outpost market on the official DeepSpace dAPP site, can be sent / gifted from another wallet into yours or minted (minting currently not available as ‘Genesis generation’ of ships has already been minted and DeepSpace team announced that there will be new ship generation mint only in case if there are too much players for the current amount of minted ships – which is total of 28,013 ships minted out of which, I think, not 100% sure, 1/3 have been burned for in-game benefits; divide the remaining ship number by 4 as there are usually 4 ships in the players fleet and you get that after about 5000 players new mint might be available – as per DeepSpace team info, new generation mint should have different specialities, design, etc. than Genesis mint). When the ship is bought on the market, create an account of official Deepspace dAPP page, download game files, bridge the ship to the game and ‘voila’ – you are ready to go on your first space adventure in the DeepSpace multiverse.

On your space journey you can encounter lost cargo (resources floating in space ready for grabs), ship wreckages (similar as lost cargo, but the resources amounts are greater, while chance of encountering it is lower), space pirates (they will try to steal your cargo, you can try to evade them by performing evasive maneuvers or in Beta 2.0 version, there will be option to fight them in turn-based combat), you’ll encounter a lot of asteroids (which you can mine for resources) and distant planets. Keep in mind that ships are not burning fuel unless you have some cargo (resources) on board – so if you would like to explore, don’t pick up any. Other elements are also in development, some will probably be deployed with B 2.0 version, some in the future versions.

Also, DeepSpace team announced that Free to Play mode is on the radar in order to attract traditional gamers without having invest anything to be able to play the game. This would be done in such a way that it wouldn’t financially diminish existing players asset value, while opening the doors for mass adoption.

Other features in development or in planning stage for development (besides the ones mentioned above):

- Ship racing

- Commanders (3rd NFT series in development I haven’t mentioned above – basically, those will be playable avatars, not sure if some skills will be included into those, but word on the street is ‘yeah’)

- Equipment for ships

- Equipment for commanders

- Building equipment from blueprints

- Quests

Native token $DPS

Used as in-game currency which is the basis of in-game economics and also crucial for Play-to-earn game aspect – with this, it ensures a certain level of appeal for gamers which already took a step into crypto GameFi world.

CoinMarketCap $DPS token info (at the time of the writing):

Total $DPS token supply: 89,598,881 DPS

Maximum $DPS token supply: 100,000,000 DPS

Burned $DPS tokens: 10,401,119 DPS

Market cap: $768,891

$DPS price: $0.01452

Additional notes: Personally I’m expecting an increase in $DPS price in the following months due to deployment of Beta 2.0 version of the game. But who knows, time will tell.

To be continued...

Link to the DeepSpace Game Summary Part 2 – Playable and Upgradable Smart NFT Ships https://www.reddit.com/r/P2EdeepSpaceDPS/comments/15z18v6/deepspace_game_summary_part_2_playable_and/

To be continued...

Useful links:

- Official site: https://deepspace.game/explore

- Official DAPP marketplace for ships: https://app.deepspace.game/outpost/ships

- OpenSea smart NFT ship collection link: https://opensea.io/collection/deepspace-ships-eth

- OpenSea Land Deeds NFT collection: https://opensea.io/collection/deepspace-land-deeds

- Official DAPP marketplace for resources: https://app.deepspace.game/outpost/resource-swap

- DeepSpace bridge: https://bridge.deepspace.game/

- Certik audit: https://skynet.certik.com/projects/deepspace

- $DPS token CoinMarketCap link: https://coinmarketcap.com/currencies/deepspace/

- DeepSpace whitepaper: https://docs.deepspace.game/deepspace-dps/v/deepspace-whitepaper/

- Official DeepSpace Twitter / X: https://twitter.com/deepspacedps/

- Official DeepSpace Discord: https://discord.com/servers/deepspace-862487993034080276