Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.
Table Of Contents
Blockchain-based gaming is rapidly blowing up, with all kinds of new games emerging in the ecosystem and offering new experiences for the players. More than that, being blockchain-based, and created via smart contracts, these games can also afford to provide an incentive for players through the so-called P2E (Play-To-Earn) model.
The possibility of earning while engaging in their favorite pastime is attracting users rapidly, including even those who had no previous experiences with blockchain technology. In doing so, games are not only empowering and enriching their players, but also pushing blockchain adoption, and granting many of these gamers an interesting and simple way into the crypto industry.
One of the most popular games of this type is called MyNeighborAlice (ALICE), which is a farming-themed P2E builder game that was inspired by games such as Minecraft and Animal Crossing, both of which already have massive communities that are now slowly but surely becoming aware of a new game — and one that lets them earn real money, no less.
What Problems Does MyNeighborAlice (ALICE) Solve?
As a gaming project, MyNeighborAlice is somewhat limited when it comes to solving problems, as that simply isn’t one of its goals. Its aim is to attract players, give them a relaxing, immersive gaming experience, and help them earn a bit along the way. However, even with that being the case, the game is still helping solve two problems, which include:
Decentralizing the gaming industry
Traditional gaming is heavily centralized, and even though players are paying for their games, that doesn’t necessarily make them sole owners of the games in this day and age. Most people no longer bother with buying physical copies, but rather turn to platforms like Steam, Epic Games, and personal stores of various game development companies. However, despite paying for games, and then paying extra for additional in-game content, these games can never truly be considered as the players’ property.
They can be removed from the store or the players’ accounts with a push of a button, which could mean that the players have simply wasted their money. MyNeighborAlice uses NFTs which are safely stored in the players’ NFT wallets, and as long as they possess them, all in-game assets remain theirs. And, since no one can access the NFTs but the players themselves, that means that they are the sole owners of any asset that they buy or receive while playing.
Pushing blockchain adoption
Another issue that MyNeighborAlice is helping with is pushing blockchain adoption. As mentioned previously, the game was inspired by some rather popular titles in the gaming industry, which means that these games’ communities will hear about ALICE sooner or later, and will likely be interested in checking it out.
Once they learn of the benefits of blockchain gaming — such as being able to earn while playing — they will likely stay, and keep playing. After they start receiving crypto rewards, they will likely start looking into crypto trading in order to cash out their funds, but some may also start looking into ways to boost their investments, such as staking, or even simple HODLing.
Before long, they will start to understand crypto and its benefits, the possibilities of blockchain, and more, which is how a simple game that players approached out of curiosity might onboard new people and help push adoption.
Benefits of MyNeighborAlice (ALICE)
Apart from helping the blockchain industry, MyNeighborAlice is offering a number of advantages to players themselves, some of which we already mentioned. Here is a quick rundown of the benefits you could experience by joining this game and trying it out.
Own virtual land through NFTs
To play MyNeighborAlice, you have to purchase your own piece of land that comes in the form of an NFT. In doing so, you get your own private island that you can use in any way you see fit. The island will be yours for as long as you own the corresponding non-fungible token, and if you lock it up in your wallet and secure it properly, no one will ever be able to take it from you. Even if you grow tired of the game and take a break from it, you can return to it at any time and find everything exactly as you left it.
Relaxing blockchain gaming experience
A game like MyNeighborAlice is not packed with exciting battles or stressful situations. It is a nice, relaxing game that you can play when you need a break from daily concerns, and simply relax. It can help with managing the stress, especially if you treat the earning potential as a nice little bonus to the overall experience, rather than the point of playing the game.
Speaking of rewards, you can participate in various events and competitions in the game which lets you earn ALICE tokens. In addition, you can also accumulate experience points and also win some tokens that way. You can then use the tokens to participate in the project’s governance, or simply exchange them on some crypto exchange in order to get cash or another cryptocurrency.
A gateway to blockchain and DeFi
MyNeighborAlice is a game that was built on blockchain, but it is also extremely user-friendly, and it doesn’t require any prior knowledge or experience with blockchain or crypto. As such, anyone can play it, even if they have no interest in the crypto/blockchain aspect. However, while playing the game, players earn ALICE tokens, which are real money in the sense that they have value, and they can be sold, meaning that simply by playing the game, you can earn profit.
How Does MyNeighborAlice (ALICE) work?
MyNeighborAlice is a farming-themed P2E builder game that was built on Chromia. It is a place where players can purchase and own virtual islands located in the project’s metaverse. Once the islands are theirs, players can collect various materials, build items, meet other players and make friends, decorate their island and make it a unique part of the project’s digital world.
Each player is represented in the game by their own avatar, which they can modify in any way they wish. The game also features an eponymous central figure called Alice, which is their friend and represents the internal marketplace.
Alice allows them to buy land and other assets, and it makes the game more personable to casual players who are not familiar with classic blockchain gaming features. As mentioned, the game never forces players to interact with blockchain technology, but it grants them the ability to do so if they choose to do it by letting them explore classic DeFi functionalities.
How to Buy MyNeighborAlice (ALICE)
MyNeighborAlice (ALICE) is available on the following exchanges:
Binance – Best for Australia, Canada, Singapore, UK and most of the world. USA residents are prohibited from purchasing MyNeighborAlice (ALICE) here. Use Discount Code: EE59L0QP for 10% cashback off all trading fees.
Uphold – This is one of the top exchanges for United States & UK residents that offers a wide range of cryptocurrencies. Germany & Netherlands are prohibited.
Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.
KuCoin – This exchange currently offers cryptocurrency trading of over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens. This exchange currently accepts International & United States residents.
WazirX – This exchange is part of the Binance Group, which ensures a high standard of quality. It is the best exchange for residents of India.
MyNeighborAlice (ALICE) — A rapidly growing metaverse game
MyNeighborAlice is a very interesting blockchain project that offers metaverse, NFTs, and DeFi, all as part of a single game. The game itself is user-friendly enough to attract players who never had any experience with blockchain technology, and allow them to play instantly, without having to educate themselves too much about it. We would still recommend earning how to store and secure NFTs, but other than that, the game can be played without the players ever having to interact with blockchain technology.
As such, the project can help bridge the gap between traditional players and blockchain gaming, and push blockchain adoption into the mainstream, at least when it comes to gamers interested in games such as Minecraft or Animal Crossing.
Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.
You may like
How to Buy My Neighbor Alice (ALICE) Tokens
Investing In Axie Infinity (AXS) – Everything You Need to Know
Investing In Render Token (RNDR) – Everything You Need to Know
Investing In The Sandbox (SAND) – Everything You Need to Know
Investing In Illuvium (ILV) – Everything You Need to Know
Investing In Gala Games (GALA) – Everything You Need to Know