Lumiterra is a multiplayer, open-world survival crafting game where you can battle, farm with your friends or mysterious collected creatures in a vast world.
Market Heat
Lumiterra has been released on multi-platforms like Windows, Mac, Android and is available for download on the gaming platform itch.io. Despite garnering only 69 reviews on itch.io, the prevailing sentiment is overwhelmingly positive, with an impressive rating of 4.7 out of 5.0. Moreover, despite being in its early stages, Lumiterra boasts a modest yet engaged community.
Team
Industry Sector Analysis
Web3 remains a considerably smaller market size, projected to be worth US$ 23,926.0 Million in 2023. The market is likely to surpass US$ 133,228.2 Million by 2033 at a CAGR of 18.7% during the forecast period. The demand for Web 3 gaming is driven by several factors, such as decentralization and ownership, play-to-earn economy, interoperability and cross-platform support, community-driven development, and enhanced security and transparency.Factors Contributing to the Rising Demand for Web3 Gaming: The growing interest in decentralized technologiesis evident as individuals increasingly desire greater autonomy and ownership of their digital assets. The prospect of earning tangible rewards through gaming is a significant draw for players in Web3 gaming, thus stimulating demand. The ability for players to utilize in-game assets across various games and platforms offers both flexibility and a cohesive gaming experience. Inviting players to partake in the game development process cultivates a sense of ownership, loyalty, and engagement within the gaming community.
*https://www.futuremarketinsights.com/reports/web3-gaming-market
*https://www.prnewswire.com/news-releases/game7-releases-2023-state-of-web3-gaming-report
Based on the Game 7 research, While games can belong to multiple genres, when classified by their primary genre, PRG, Action, Strategy, and Casual emerge as the most popular genres in to-day’s Web3 games. A more detailed classification highlights MMORPG and Action RPG as the dominant sub-genres, emphasizing the central role of RPGs.
Comparable Project Comparison
The leading projects Within the GameFi sphere are Axie Infinity, The Sandbox, and Decentral and Only Axie Infinity offers cross-platform support for both PC and mobile users.
Drawing from DappRadar's unique active wallet data on Nov 28th, 2023, over the past 30 days, Axie Infinity leads with 76.93k users, followed by The Sandbox at 7.31k and Decentraland at 1.63k. Axie Infinity continues to reign supreme in the market; this accessible play-to-earn game has remarkably bounced back from a significant security breach, which led to a loss exceeding $600 million in assets.
However, it's noteworthy that Axie Infinity's user base, despite its market dominance, remains relatively modest when compared to conventional Web2 games, even amidst recent market revival signs.
To navigate the competitive pressure in the Web3 gaming market and attract a broader user base, Lumiterra could combining elements from traditional game genres, integrating DeFi designs, and maximizing user benefits with a keen focus on cross-platform compatibility and user engagement.
Products
Lumiterra is a F2P and open-world multiplayer survival game where players can embark on solo or cooperative adventures. Lumiterra is a MMORPG that includes farming and simulation aspects, and players can battle, farm, collect materials, craft equipment or weapons, make the character stronger. Besides, everything dropped in game are NFTs, players can trade them with each other, and send tickets to different lottery pool to win USDT tokens.Lumiterra innovated by placing DeFi users, GameFi users and gamers in a coexisting system, where each type of user can pursue their own needs, and by fulfilling these needs and the overall in-game commodity economy to built a healthy economic system.
*https://app.buidlbox.io/ethshanghai/ethshanghai-2023
Products _Lumi Finance
Based on the game, Lumiterra has incorporated an additional layer of DeFi design——Lumi Finance, which was launched in August 2023.
Lumi Finance functions as an investment platform dedicated to sustainable wealth preservation, with its core token, LUA, introducing a novel asset class. And a portion of the transaction fees generated by users on Lumi Finance is directed into a bonus pool, which is distributed to users in Lumiterra in the form of a lottery reward.
Products _SosoTribe
SosoTribe is a telegram-based SocialFi open protocol that allows users to create their own tribes and earn transaction fees from tribe stock sharing. Users can also create tribes for others and earn commissions. The protocol includes a finance part where users can chat in Telegram and earn tokens directly, share tokens with friends, buy/sell tribe shares, and earn tribe treasury based on points contributed.
Tokenomics
Three Flywheels——Defi flywheel、GameFi flywheel、Player flywheel
The project‘s profits mainly come from three sources: transaction fees（Lumiterra In-Game marketplace、 Lumi Finance (DeFi) and Soso Tribe）, NFT (Game Assets) selling, and battle pass rewards.Lumiterra's token economic model is designed to maximize the benefits of Defi, modern corporate governance, and the stock system's operational mechanism. This allows Defi users, GameFi users, and players to coexist, compete, and collaborate in a healthy manner, forming a positive cycle for the entire product. The game is divided into three flywheels to cater to different user profiles while isolating them to a certain extent. This ensures the long-term healthy development of the entire game product.
The distribution schedule for $LUAG tokens adheres to a structured one and half year monthly unlocking plan. This ecosystem token will be allocated through multiple channels, including fundraising, ecosystem incentives, Liquidity and various distribution methods to help the project grow.
Roadmap
Coresky is an Asset-packaged NFT launchpad and trading platform. The Coresky Launchpad converts primary market currency rights into Asset-packaged NFTs. Coresky leverages Launchpad's economic utility to drive user transactions while also addressing both primary and secondary market liquidity for crypto rights and the NFT trading market.
Learn More About Coresky:
Website:https://www.coresky.com/
Twitter:https://twitter.com/Coreskyofficial
TG Official:https://t.me/Coreskyofficial
TG Channel:https://t.me/CoreskyLaunchpadChannel
Discord:https://discord.gg/coresky
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