xPet.Tech: The New Trend of Social Games Integrating DeFi with Electronic Pets.
Written by: TechFlow of Deep Tide
The current social game track has sparked a wave of enthusiasm for electronic pets.
While the heat of Fren Pet has not yet subsided, another upgraded pet-raising game, xPet.Tech, has quietly gained popularity. Let's take a look at what it is and whether there are opportunities and gameplay for "zero grinding."
Product Overview
xPET is a small game based on Arbitrum, similar to Fren Pet in gameplay, requiring players to feed and accompany pets, ensuring their survival, and helping players earn token rewards.
Unlike Fren Pet, xPET uses a browser plugin for the game instead of a "main screen" game like Fren Pet, which means xPET has more potential for strong interaction with Twitter.
xPET is linked to Twitter, and users need to bind their accounts with Twitter, which is a prerequisite for starting the game. After binding the account, the system will randomly generate a virtual pet for you in the same browser interface as Twitter.
It's worth noting that all your operations in this game are closely linked to Twitter on the main view. You can interact with your pet while browsing Twitter, such as feeding, upgrading, and unlocking more scenes.
At the same time, the pet you just generated will also appear in the lower left corner of your Twitter page, moving around on the main interface and menu of Twitter.
Therefore, if Friend.Tech and Fren Pets used Twitter's social relationships to create their own applications, then xPet can be said to be completely parasitic on Twitter.
It's evident on Twitter, raising pets while socializing, all within the same browser interface.
Gameplay Analysis
Pets in the game will interact with Twitter. Players browsing Twitter will find daily treasure chests, which is also why they call themselves SocialFi 2.0.
What are the daily treasure chests?
This is one of the innovations made by xPET and also a zero-grinding gameplay step:
Since players bind Twitter when starting the game, they have the opportunity to receive treasure chest rewards while browsing Twitter. The treasure chest icon will appear below the user's avatar, and commenting "Xpet" will open the treasure chest, twice a day.
In addition, new players can also receive a free newbie treasure chest reward by following their official Twitter account, liking and retweeting the corresponding tweet.
From this step, it can be seen that xPet's gameplay actually "gamifies" the product's launch and promotion steps, giving users a tangible and specific reason to use Twitter to post or repost.
Post a tweet, and your pet will receive rewards and grow, without significantly disrupting your normal Twitter social media activities, while also gaining additional emotional value. This is the biggest impression xPET has given to the author.
In addition, regarding the treasure chest itself, the rewards include:
BPET: In-game tokens with significant value in the xPet.Tech ecosystem.
Food: Necessary to keep pets well-nourished and healthy.
Broom: An essential tool to keep your pets' environment clean and tidy.
Needle: Used to treat pets when they are not feeling well, ensuring their health and happiness.
Shield: Protective items to prevent potential harm to your pets.
The rewards obtained from the treasure chest can be seen as resources needed to maintain the normal operation of xPET pets. These resources are consumed over time and in proportion, and players need additional input and tasks to replenish them.
On the other hand, in terms of earnings, how do pets earn BPET tokens for players?
In xPet.Tech, each player will have a virtual farm. This farm is a dedicated space for your pets, where they engage in production activities to generate BERRY, which can be converted into BPET. There are three methods to increase BPET production:
Upgrade pets: The higher the pet's level, the more BERRY it produces.
Upgrade tools: By upgrading the tools available on the pet farm, they can work more efficiently, thereby increasing BPET production.
Upgrade the factory: The factory will automatically convert BERRY into BPET for you. Note: This feature is only available when your pet reaches level 10.
So the gameplay for paying players is simple:
Purchase high-level pets from the in-game market (which charges a 0.5% transaction fee),
Upgrade tools and the factory,
Purchase food to keep pets healthy.
Token Economy
The token economy of xPET.Tech is different from other games, as it not only exists within the game but also has a complete external economic flywheel.
Firstly, one of the ways to obtain tokens in the game is through zero-interest borrowing of xPET using ETH. This means that players can borrow xPET to obtain tokens.
In other words, the game not only has its own economic system corresponding to the gameplay but also introduces DeFi and lending designs, establishing connections with mainstream crypto assets.
In this design, it is evident that the game will adjust the amount of xPET available for borrowing based on supply and demand, effectively forming a market price for the in-game tokens.
Additionally, the game also provides staking opportunities. Players can stake their BPET tokens and earn additional BPET interest, and players can freely choose the staking period based on their needs, as shown in the image below:
This design makes the token economy of xPET.Tech more diverse, providing players with more choices and flexibility by offering opportunities for borrowing and staking outside of the game, in addition to earning tokens within the game.
Therefore, from an economic design perspective, xPet is not simply a social game, but a comprehensive game that integrates social and DeFi elements.
In terms of the specific token economic model, BPET is equivalent to unlimited output, with a total supply of 300 million xPET tokens, of which the largest proportions are allocated to the ecosystem fund and community distribution, at 40% and 30% respectively, as detailed in the table below:
Roadmap
xPET.Tech has completed the basic functionalities shown in the roadmap, including user authentication, pet creation, pet care functions, staking, borrowing, and Swap.
In the future, the project team plans to make adjustments and optimize existing functionalities based on community feedback, and introduce additional gamified elements to increase user engagement and retention.
Additionally, the project team plans to seek strategic partnerships or collaborations to drive the development and influence of xPet.Tech.
Overall, xPet is a lightweight electronic pet game parasitic on Twitter, with its own DeFi features. The low barrier to entry and expected returns are likely to generate discussion and participation in the early stages. However, whether the project can be sustainable, whether the revenue model will collapse, and whether the input-output ratio of participants can continue to be healthy, still remains to be tested over time.
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