To acquire a Tower Chest, participants need to acquire TOWER tokens. These can either be earned through the mobile games Crazy Kings and Crazy Defense Heroes, but it’s wiser to buy them on exchanges like Uniswap or Kucoin. Currently the TOWER token is trading for $0.064, up 129% over the past 7 days.

The cheapest chest is a bronze one, selling for 1,800 TOWER tokens. The silver chest costs 4,800 TOWER, while the gold chest will sell for 12,800 TOWER tokens.

Each Tower Chest contains 3 Tower Game Card NFTs. Gamers can use these NFTs in an upcoming tower defense game. In addition they can stake these assets to earn passive income paid in TOWER tokens. When you buy these chest in two weeks, you can’t open them yet. Chest opening will be made available at a later date.

Every chest contains 3 cards. The best rewarding items will be the legendary ones, which will earn players 27.37 TOWER per day. Legendary cards have a 10% chance to drop on the third card of a silver chest, while they have a 30% chance on the second gold card, and 48% on the third gold one.

Let’s calculate when you buy 3 golden chests

Three golden chests will cost you 37,800 TOWER, or $2,420 at the current rate. In the worst case scenario you’d receive two common cards and one rare one. That would be 256 TOWER per month from staking. However, the chance of receiving these low tier cards is quite low, so let’s aim a bit higher: 1 rare and 2 epic cards per chest. These cards would then generate 1,723 TOWER per month. However, you might argue that a silver chest will probably generate you a similar amount of TOWER, even though your chance of finding a common card on your first pull is quite serious.

The best pull you could have, would be 1 epic and 2 legendary. If you would have three chests like this, these would generate you 5,665 TOWER per month. You’d earn your money back in 7 months. Obviously, chances for this scenario are slim.

So let’s say we buy three gold chests, and get one with the worst pull ever, a medium one, and the luckiest one ever. These three chests would then generate 85.85 TOWER per day, which equals 2,575 TOWER per month. It would take approximately 17 months to earn your TOWER back through your staking activities.

A bit more about TOWER

Animoca Brands is working on transforming their free-to-play titles, which make up a considerable part of their revenue, into blockchain-enabled play-to-earn games. They are doing this by adding play-to-earn mechanics to their games, starting with Crazy Defense Heroes and Crazy Kings. The TOWER token is central to this new ecosystem.

TOWER is an ERC-20 token on the Ethereum blockchain that can be used in both Crazy Kings and Crazy Defense Heroes. This same token will ultimately also be used in a new and upcoming game in the franchise. Token holders will have governance and voting rights on the game’s direction. In addition these tokens will be part of decentralized finance initiatives, including staking. However, details still need to be revealed about that.

Token owners can use their money to mint new NFTs, which ultimately are in-game cards that can be traded among players. These cards have different powers, values and rarities. Last but not least, there will be tournaments with entry fees and which players can also win tokens.

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They will sell three chests: bronze, silver and gold. Collectors can only buy these chests using TOWER tokens. Each chest is an ERC-20 token that can be opened, or redeemed, to reveal three NFTs. These NFTs are based on existing cards in the mobile game Crazy Defense Heroes, but have no utility in the game. These NFTs have a certain rarity, similar to the star ratings in the game.

These chests can’t be opened immediately. They will announce the opening date later. It’s possible that the future Crazy Kings game doesn’t run on the Ethereum blockchain. In that case the NFTs will need to be converted. Animoca Brands also said that the staking mechanism will go live between July and September 2021.

What’s the use case for these TOWER NFTs?

1. Gamers can use these NFT cards in an upcoming blockchain game, which will be a Crazy Kings game and therefore part of the TOWER ecosystem. (in development)
2. These NFTs generate passive income, as holders will be able to earn TOWER through staking. (in development)
3. And of course these are limited edition collectibles.

One more day to earn TOWER

Gamers interested in earning TOWER currently have two options: Crazy Kings and Crazy Defense Heroes. In Crazy Kings you need to be among the best players. Here the rewards are huge, but so is the initial investment. In Crazy Defense Heroes however, anybody can reach the goal. Everybody who reaches 25,000 XP during a month, will be eligible to claim TOWER. However, the token claiming functionality isn’t live yet. Learn how to earn TOWER here.

Animoca Brands already announced that the token functionality won’t be seen inside the game. Instead players can connect their account and their Ethereum wallets through the official websites. However, this function isn’t live yet. Account progress will be stored however, so players can claim their rewards at a later date.

A bit more about TOWER

Animoca Brands is working on transforming their free-to-play titles, which make up a considerable part of their revenue, into blockchain-enabled play-to-earn games. They are doing this by adding play-to-earn mechanics to their games, starting with Crazy Defense Heroes and Crazy Kings. The TOWER token is central to this new ecosystem.

TOWER is an ERC-20 token on the Ethereum blockchain that can be used in both Crazy Kings and Crazy Defense Heroes. This same token will ultimately also be used in a new and upcoming game in the franchise. Token holders will have governance and voting rights on the game’s direction. In addition these tokens will be part of decentralized finance initiatives, including staking. However, details still need to be revealed about that.

Token owners can use their money to mint new NFTs, which ultimately are in-game cards that can be traded among players. These cards have different powers, values and rarities. Last but not least, there will be tournaments with entry fees and which players can also win tokens.

The post Animoca To Launch TOWER NFT Chest Sale appeared first on Play to Earn.

The Grand Tournament Colosseum starts on March 16th and ends on March 21st. In total Animoca Brands will be giving away $23.530 worth in TOWER tokens. That’s 456.050 TOWER tokens at the moment of writing.

To qualify for the Grand Tournament Colosseum, you must complete the level “The Grass is Always Greener” (located on the second island in the game). The best player will win 50.000 TOWER, while the number 40 gets 500 TOWER. At the moment of writing TOWER is worth 5 cents, up 27% today. The token can only be obtained through Uniswap.

In the near future Animoca Brands will sell some NFTs that will benefit the Crazy Kings franchise. This game series consists out of two games: Crazy Kings and Crazy Defense Heroes. Last year the company already sold some collectibles, but these had no utility inside their game. Soon they will also launch an event inside Crazy Defense Heroes where gamers can earn TOWER.

A bit more about TOWER

TOWER is an ERC-20 token on the Ethereum blockchain that can be used in both Crazy Kings and Crazy Defense Heroes. This same token will ultimately also be used in a new and upcoming game in the franchise. Token holders will have governance and voting rights on the game’s direction. In addition these tokens will be part of decentralized finance initiatives, including staking. However, details still need to be revealed about that.

Token owners can use their money to mint new NFTs, which ultimately are in-game cards that can be traded among players. These cards have different powers, values and rarities. Last but not least, there will be tournaments with entry fees and which players can also win tokens.

The post Earn TOWER By Competing in Crazy Kings appeared first on Play to Earn.

Yat Sui, the founder of Animoca Brands, wrote in a blog how the company wants to create a system that attempts to maintain the balance in a free-to-play game, while introducing play-to-earn elements like NFTs, DeFi and player governance. They will use one of their most successful franchises: Crazy Kings.

The challenge here is that free-to-play and play-to-earn approach game economies in different ways. The supply of in-game gold and items is limitless in a free-to-play game in order the generate revenue. However, blockchain games and play-to-earn seek to create value through the scarcity of virtual assets.

Crazy Kings token

Animoca Brands will launch a new fungible crypto token for both Crazy Kings and Crazy Defense Heroes. This same token will ultimately also be used in a new and upcoming game in the franchise. Token holders will have governance and voting rights on the game’s direction. In addition these tokens will be part of decentralized finance initiatives, including staking. However, details still need to be revealed about that.

Token owners can use their money to mint new NFTs, which ultimately are in-game cards that can be traded among players. These cards have different powers, values and rarities. Last but not least, there will be tournaments with entry fees and which players can also win tokens.

As a first step, players of both Crazy Defense Heroes and Crazy Kings will soon be able to farm a special token through gameplay. There won’t be a token sale, and the only way to obtain these tokens is through gameplay.

Gaming x DeFi x Play-to-Earn

The rise of blockchain technology paves the way for new business models in gaming. Play-to-earn is the next evolution of free-to-play, changing consumers from cash machines into economy contributors. It’s not without reason that a project like Axie Infinity labels itself as a digital nation. In a play-to-earn game there can be different layers, where top level players rely on farming activities from smaller players.

Overall we’re seeing a merger between financial markets and gaming, as play-to-earn brings a game economy into the real world. Technically it would be possible to make a living from playing a game. However, philosophically you might wonder whether we would still call this a game.

At the same time we’re seeing financial products adding layers of gamification. Yield farming is an example of that. In addition the user interface of Sushi Swap, Doki Doki Finance and Cometh tap into gaming and geek culture. Companies like Seascape Network make it their business model to gamify decentralized finance.

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