|ALICE token||Binance Smart Chain||Land sale||My Neighbor Alice||staking|
My Neighbor Alice is an upcoming social building game on the Binance Smart Chain, in which players can buy actual pieces of the virtual land. However, not everybody can just get land for this game, and potential land investors will need to dive a bit into decentralized finance (DeFi) to get their hands on some raffle tickets. Here we will tell you what you need to do.
My Neighbor Alice taps into mechanics made popular by games like Animal Crossing, The Sims and Stardew Valley. The game lets you do all kinds of social quests and tasks, which earns you resources to build items. These items can then be used to build a home and decorate it. The game world is basically an archipelago, or a group of islands. The upcoming land sale is only for a part of one of those island: Nature’s Rest. So how can you get some of the virtual land?
How earn My Neighbor Alice raffle tickets?
- To earn raffle tickets, you need to stake tokens
There are only 927 lands they will sell in the current sale. That’s only 5% of the land plots on Nature’s Rest. These plots are sold with a 60% discount for 20 ALICE, which is approximately $250 right now. The staking process will start on April 27th at 12PM UTC.
- Deposit your land payment
Make sure you’ve made a deposit for your land purchase: 20 ALICE. You will be able to do this through the dashboard on the official website once that’s live. If you win, the 20 ALICE will be deducted. If you don’t win, you can take the money back or leave it there for the next land lottery. This deposit automatically gives you 20 raffle tickets per day.
- Stake your ALICE or CHR tokens to earn raffle tickets
CHR tokens need to be staked using chromia.com/staking (20 CHR = 1 ticket)
ALICE tokens can be staked in the dashboard on the official website (1 ALICE = 1 ticket)
You also automatically earn raffle tickets if you provide liquidity in the following pools:
* Snapshots are taken daily at 12:00 CEST
- Do not withdraw tokens before the lottery draw took place
Make sure you don’t withdraw any tokens before the lottery draw has taken place. Doing this will result in loss of your tickets. However, you can always add to your position, that’s no problem.
- Limitation to winners
The more tickets you have, the bigger your chance to win. However, each wallet address can only win one plot.
- Staking ends
On May 11th 2021, at 12PM UTC the staking period will end. From that point forward your stake will no longer generate extra raffle tickets.
- Lottery draw
Alice will do a lottery draw on May 12th.
What can you do with land?
Players can customize their land in My Neighbor Alice. They can build their own house, garden and farm. In total there will be approximately 100.000 land parcels in the game. Thanks to the ability to rent land, and the addition of public features, everybody can enjoy My Neighbor Alice.
Players can design their land in My Neighbor Alice with different items, each of them being an NFT. There will be for example plants, flowers, trees, buildings and animals. An NFT creator and game building software allows players to create unique experiences.
What is My Neighbor Alice?
My Neighbor Alice is a blockchain-powered multiplayer builder game in which players build their own virtual lands, interact with their neighbors, do all kinds of daily and social activities and earn rewards. Anyone can join the world by buying a piece of land, participate in farming, fishing, bug catching, beekeeping and many other activities. There are quests players can do together, while others are more competitive.
The neighborhood you live in is governed by the Community Council. This is basically a decentralized autonomous organization (DAO) where players can use their ALICE tokens to vote on certain decisions. Furthermore the DAO will gain more power over time to distribute revenues for additional game development.
On an in-game marketplace players can sell and buy different items and NFTs. Avatars allow for personalization, while character developments help them to unlock exclusive events and even rewards.
A new concept that My Neighbor Alice taps into, will be adding DeFi elements to the game. NFTs will have collateral, making them more liquid and therefore economically useable. Each NFT gives a monthly interest for holding it, but token holders can also tap into the value.
A share of every NFT purchase will go into a collateral pool, and it’s tied to that particular NFT. If the user needs money, but there’s no buyer, they can lock their NFT and get the collateral instead. After doing that, the NFT would be locked. Users then need to pay back the money in order to regain control over their digital assets.
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a content manager and creator at heart, working on Play to Earn. He’s also Head of Content for DappRadar.