Froyo Games recently announced that they’re developing four games within their new multi-chain gaming metaverse. Let’s take a look at their project and how they could become Gala Game’s newest competitor.
What is Froyo Games
Froyo Games is a multi-chain (BSC and ETH) gaming metaverse brought to you by a team of over 500 game developers covering 350+ game titles with over 360 million cumulated downloads.
With decades of experience in different markets, the team behind Froyo wants to launch entertaining multi-platform games, and provide developers a flourishing metaverse ecosystem to publish their games.
Froyo Games wants to be an open platform for all game developers to start using the blockchain to verify transactions, guarantee in-game ownership, and reward players. To achieve this, they will release a full set of SDKs to make it easy to convert “traditional” games into fully decentralized applications.
The team also announced a launchpad for promising games using their SDK. The platform is planned to be launched in Q3 2022.
The First Four Games
In their most recent video, Froyo Games announced the release of:
- Claw Stars: a fun game where you have to rescue cute animals;
- CryptantCrab: battling crabs… we missed these;
- Musketeers: an Idle RPG game where you grow your town and character even without active gameplay;
- JericVerse MoonLand: the first metaverse portraying the Moon – by the world-renewed artist Jeric T.
It’s not the first time that a company in the play-to-earn announces many games all at once. Gala Games did the same over a year ago. However, if they manage to ship all these games within the first two quarters of the year, they will instantly become a power player in the industry.
According to their roadmap, Claw Stars and Maskeeters will be the first in line with an NFT drop and in-Game Asset launch in Q1 2022.
In addition to their main titles, Froyo Games will also launch GameBox, a prize-based ticket event where players can earn big rewards with little to no investment. This is to supplement the democratic earnings in their metaverse of games, which is an aggressive advertising strategy.
Froyo Games Tokenomics
$FROYO is a fungible BEP20 token that lives on the Binance Smart Chain. Aside from being the main currency in the Froyoverse, $FROYO will be used for participating in game launches, ve-mechanism farming, P2E rewards, staking, liquidity mining, and utility within the Froyo Games platform’s ecosystem.
The total supply for $FROYO is 1,000,000 and no additional tokens will ever be minted.
Here’s the token allocation and vesting schedule:
And more details about the vesting periods upon TGE (Token Generation Event)
|Categories||Vesting Period||FROYO Token Allocation||Percentage|
|Seed Round||5% unlock upon TGE, 5% on the 2nd month, 10% on the third month and monthly linear unlock starting from the 2nd year. 3 years vesting in total.||30,000,000||3%|
|Strategic Sale||20% unlock upon TGE and monthly linear unlock starting from the 2nd year. 3 years vesting in total.||83,670,000||8.36%|
|Marketing||100% unlocked at TGE||1,000,000||0.1%|
|Pancakeswap IFO||100% unlocked at TGE||66,670,000||6.67%|
|Team||0% unlocked at TGE. 4 years vesting. 1 year cliff and linear unlock starting from the 2nd year.||100,000,000||10%|
|Strategic Partners||0% unlocked at TGE.|
4 years vesting. 1 year cliff and linear unlock starting from the 2nd year.
|Ecosystem Fund||30% unlock on TGE and linear unlock starting from the 2nd year. 3 years vesting.||668,660,000||66.87%|
With solid Tokenomics and a good team backing the project, Froyo Games is coming in the play-to-earn market with an ambitious vision. Now let’s see if they will be able to deliver.