Shrapnel Review: Unique GameFi Project On Avalanche
In the dynamic world of gaming, a new project has emerged that is capturing the attention of the majority of gamers and is poised to become a hot topic in Avalanche’s Gaming section. This exciting venture, known as Shrapnel, promises to redefine the gaming experience for enthusiasts across the board. Now, let’s learn about the game with Coincu through this Shrapnel Review article.
What is Shrapnel?
Interesting shooting game
Shrapnel is the pioneer in the FPS (First Person Shooter) genre on the Avalanche ecosystem. This ambitious project, developed by a team of seasoned experts with a collective portfolio that includes HALO, Star Wars, and Westworld, promises an unparalleled gaming experience for enthusiasts.
What sets Shrapnel apart is its integration of blockchain technology into the FPS realm, allowing players to truly own, create, and trade in-game items such as guns and accessories.
Users are empowered to design their own maps, treating them as intellectual property that can be traded within the gaming community. The Shrapnel game provides a suite of tools enabling players to craft various types of content, akin to Warcraft III’s World Editor application.
Developed on Avalanche Subnet
As one of the innovative projects flourishing on the Subnet, Shrapnel leverages this opportunity to enhance its efficiency in terms of speed and transaction costs. March saw Shrapnel unveil plans to build on the Avalanche blockchain, offering customization and flexibility for its ever-expanding projects.
Designed to cater to fans of the shooting genre, Shrapnel goes beyond traditional gaming by creating a human-centered environment. The game delivers robust player creation tools that seamlessly merge combat, creation, management, and connectivity, fostering a community where players have ownership of the platform and influence its future.
Avalanche, in turn, pledges to deliver swift loading speeds and a seamless player experience in line with Shrapnel players’ expectations. Importantly, as the game evolves, players will be actively engaged in decision-making processes, shaping the future trajectory of Shrapnel’s gaming universe. Next, the Shrapnel Review article will help you learn about the gameplay of the game.
Gameplay
The Three Factions of Shrapnel
In Shrapnel, gamers engage in adrenaline-pumping battles with three distinct factions: Assault, Infosec, and Survivalist, all sharing the common objective of crafting and upgrading equipment to ensure their survival throughout each match.
Each class boasts a unique set of special abilities, allowing gamers to align their choices with their personal play styles. The diversity of available gear and equipment further enables players to tailor their characters to their preferences.
Manufacturing equipment
To forge equipment, players must skillfully scour and exploit available resources on the map. Successfully created items are then seamlessly transferred to the player’s inventory, ready for deployment in future matches or for trading on the NFT Marketplace. The intensity of survival and triumph over opponents directly correlates to increased rewards, better equipment, and accelerated leveling.
The Art of Equipment Creation in Shrapnel
In a groundbreaking move, the Shrapnel game introduces the Creation Tools toolkit, allowing players to design unique gun costumes and maps as NFTs. These personalized creations can be exchanged and purchased on the game’s Marketplace, adding a layer of creativity and customization to the gaming experience.
Shrapnel’s Creation System allows players to unleash their creativity through the crafting of three distinct types of items, each contributing to the game’s rich tapestry.
In the early stages of the project, players can create basic items by collecting in-game resources. These items serve as essential gear for players, providing a foundation for their journey within the Shrapnel universe.
This introduction ensures that players can easily equip themselves and kickstart their adventure.
Shrapnel takes customization to the next level with the introduction of Vanity Items. Players can craft, set prices, and produce a limited number of Vanity Items, each imbued with unique characteristics.
These items, akin to skins for equipment, not only add flair to the game but also create a sense of individuality for players. Crafting and selling Vanity Items on the Marketplace open up opportunities for players to showcase their creativity and potentially generate profits.
Shrapnel empowers players with toolkits and platforms to effortlessly create diverse maps. This feature not only enhances the gaming environment but also allows players to design their own games within the Shrapnel game universe.
The project’s commitment to providing accessible tools ensures that creativity knows no bounds, fostering a community-driven approach to game development.
The Zone: Confronting Opponents in Battleground
The battleground, known as The Zone, is where players lock horns to secure and exploit valuable resources. Prior to entering this perilous domain, players can outfit their characters with essential gear, weapons, and equipment crucial for mission success.
NFTs and Game-Starting Devices in Shrapnel
Shrapnel game offers in-game devices as NFTs, creating an immersive experience where game-starting devices are permanently lost upon defeat in a match. Loot, on the other hand, is earned when players successfully retain equipment throughout a match and bring it to the extraction point.
Unlocking Abilities and Equipment
As players evolve their Operators, unlocking abilities and equipment enhances gameplay. Dynamic strategies and alliances emerge as weaknesses in one layer can be supplemented by strengths in others.
Beyond the spoils dropped by fallen Operators, players can also collect the mysterious Sigma Compound. After securing loot, players must navigate to contested mines, adding an additional layer of intensity to the gaming experience.
Quests, Creation, and Trade
Shrapnel further immerses players by offering quests and the ability to create and sell their own items, with customizable scarcity levels. The creator tools empower the community to build a library of NFTs, fostering in-game creativity, community sharing, and player-to-player trades.
There will be mission systems appearing in Shrapnel. In addition to players participating in the battle and collecting resources, players will combine to complete the given missions. These tasks will give players the opportunity to receive SHRAP token rewards upon completion.
Weapons, Armor, Consumables, and Technology
The strength of a character in Shrapnel hinges on four key factors:
- Weapons: Gamers can dismantle weapons to obtain parts for crafting custom armaments.
- Armor: Not merely a defensive tool, armor provides utility bonuses. Players can select armor from various sets.
- Consumables: One-time-use items like grenades and medical kits, although untradeable, play a crucial role in surviving intense battles.
- Technology: Night vision goggles, information gathering devices, and other technological advancements offer valuable assistance without being consumed upon use.
The Shrapnel Review article will continue to explore the game’s economy.
In-Game Economic Model
The virtual realm of Shrapnel game is set to redefine the landscape of gaming by introducing a multifaceted economic ecosystem that intertwines play, creation, ownership, and governance. The initiative aims to empower individuals through a unique blend of personality incentives, fostering a cycle of cooperation, discovery, and economic activity.
Within Shrapnel’s expansive virtual world, players now have the opportunity to not only engage in thrilling game sessions but also participate in a thriving economic marketplace.
Players can acquire equipment through various means, including purchases and in-game achievements, and subsequently trade these items on the innovative Marketplace Shrapnel for the native currency, SHRAP.
A new frontier opens for creative minds within Shrapnel as individuals can customize weapons, maps, and map objects. The economic value generated by these unique creations translates into profits for the creators, offering a novel avenue for entrepreneurial expression within the gaming universe.
For those with a keen eye for quality content, Shrapnel introduces the role of Curators. These individuals act as managers, curating and sharing outstanding content for the community to enjoy.
Not only do Curators enhance the overall gaming experience, but they also share in the economic spoils generated by the popularity of the content they promote.
Maps, the very foundation of the gaming experience in the Shrapnel game, will be crafted on virtual land. Landowners, in addition to playing a pivotal role in the development of the virtual world, will receive bonus rewards based on the performance and popularity of their designated areas.
This novel approach not only encourages active participation but also grants tangible benefits to those who contribute significantly to Shrapnel’s evolving landscape.
The next topic Shrapnel Review article wants to introduce to you is the features of Shrapnel game.
Features of Shrapnel
While FPS games like Call of Duty, Halo Infinity, and Battlefield have long dominated the gaming landscape, Shrapnel game introduces a groundbreaking approach by integrating blockchain technology into its gaming model.
What sets Shrapnel apart is its emphasis on player creativity within the FPS universe.
In a departure from traditional gaming norms, Shrapnel game empowers players to not only engage in intense FPS gameplay but also unleash their creativity by designing items that can be seamlessly integrated into the game environment. This innovative feature allows for a dynamic and ever-evolving gaming experience.
The unique twist lies in the correlation between tournament size and rewards—the larger the player turnout, the greater the rewards for both the tournament creator and the ultimate victor.
The backbone of Shrapnel’s economic ecosystem is its token infrastructure. Initially issued as ERC-20 tokens on the Ethereum blockchain, Shrapnel is poised to deploy its game on a dedicated subnet of Avalanche.
Within this specialized subnet, the native SHRAP token takes center stage, serving as the primary utility for gas fees. This strategic move not only enhances transaction efficiency but also aligns with Shrapnel’s commitment to harnessing the full potential of blockchain technology
The level of customization afforded by Shrapnel is unparalleled. Tournament creators have full control over the tournament’s rules and regulations, enabling them to tailor the gaming experience to their preferences. This flexibility extends to the determination of rewards, fostering a sense of ownership and personalization that enhances the overall engagement for participants.
SHARP token, an important element in the game, will be mentioned next in this Shrapnel Review article.
SHRAP Token
Key Metrics
The SHRAP token was initially issued as an ERC-20 on Ethereum and also deployed on Avalanche. Currently, 3 billion SHRAP will be minted as the total supply and will never increase.
- Ticker: SHRAP.
- Blockchain: Ethereum, Avalanche C-chain, BNB Chain
- Contract:
– Avalanche: 0xd402298a793948698b9a63311404fbbee944eafd
– BNB Chain: 0x31e4efe290973ebe91b3a875a7994f650942d28f
– Ethereum: 0x31e4efe290973ebe91b3a875a7994f650942d28f - Token Standard: ERC20
- Token Type: Utility, Governance.
- Circulating Supply: 240,900,741 SHRAP
- Total Supply: 3,000,000,000 SHRAP
Token Allocation
As Shrapnel game gears up for its Token Generation Event (TGE), the project has unveiled plans to unlock approximately 4.5% of tokens during this crucial phase, equating to around 135,000,000 tokens. However, the community reward part has not yet been finalized by the project, so the exact token unlocked during the TGE phase is not yet known, so Coincu will update more in this Shrapnel Review article when there is the latest information about the project.
- Community Rewards: 33%
- Team & Advisors: 27%
- Seed Token Holder: 20%
- Strategic Token Holder: 7%
- Public Distribution: 1.5%
- Market Making & Liquidity: 3%
- Ecosystem Fund: 8.5%.
Release Schedule
- Team & Advisors: will be locked within 12 months and paid in installments within 48 months.
- Seed Token Holder: will be locked within 12 months and paid in installments within 12 months.
- Strategic Token Holder: will be locked within 12 months and paid in installments within 24 months.
- Ecosystem Fund: will be locked within 6 months and paid in installments within 36 months.
- Public: 100% clearance at TGE.
- MM and Liquidity: 100% release at TGE.
Use Cases
SHRAP is the core of the project’s innovative ecosystem, providing users with exclusive access to a range of features that enhance the gaming experience and contribute to the platform’s vibrant community.
SHRAP holders are poised to unlock a multitude of functionalities, creating a dynamic synergy between token utility and user engagement.
SHRAP token holders wield significant influence within Shrapnel’s decentralized governance framework. With the ability to participate in voting on both the project’s DAO and sub-DAO platforms, token holders actively contribute to shaping the future direction of the platform.
SHRAP isn’t just a means of participation; it’s a versatile currency within the Shrapnel universe. Holders can utilize SHRAP to facilitate transactions while immersed in gameplay and make purchases on the Shrapnel Marketplace.
The creative potential of SHRAP extends to the minting of player-created NFTs. From maps to costumes and jewelry, SHRAP holders can use their tokens to mint unique and personalized in-game assets.
This not only fosters a sense of individuality within the Shrapnel community but also introduces an exciting avenue for creators to showcase and monetize their imaginative works.
As Shrapnel looks towards the future, SHRAP holders will have the opportunity to stake their tokens to become validator nodes on the Shrapnel subnet. This strategic move not only bolsters the network’s security but also empowers token holders to actively contribute to the platform’s decentralized infrastructure.
In a bid to encourage exploration and community engagement, Shrapnel introduces an innovative betting system. SHRAP tokens can be utilized by players to bet on various in-game items, including maps and costumes.
Successful bets, determined by the performance metrics of the items (such as price and volume), yield SHRAP bonus rewards, creating a unique and incentivized gaming environment.
The Shrapnel Review article will introduce you to the team that created this interesting game project.
Team
The Shrapnel project has assembled a stellar team of industry veterans. Comprising individuals with extensive experience in video game development, Fintech, and cryptocurrency, the team is poised to bring a unique blend of expertise to the table.
Mark Long – CEO
At the helm of the Shrapnel project is a seasoned CEO with an impressive 26-year track record in the gaming industry. Notably, the CEO served as the leader of Xcloud, Microsoft’s esteemed game development department. This wealth of experience positions the project for success, with insights gained from navigating the dynamic and competitive world of gaming.
Colin Foran – Head of Game
Colin Foran, the Head of Game for the Shrapnel project, brings 13 years of invaluable experience to the team. Foran has a diverse background in game development, having contributed to projects across various platforms, ranging from mobile phones to cutting-edge augmented reality (AR) and virtual reality (VR) technologies. His expertise is expected to play a pivotal role in shaping the innovative direction of the project.
BOD
The Shrapnel project’s team extends beyond its leadership, with members boasting extensive backgrounds in game development. Notably, several team members have previously worked at industry giants such as Microsoft, HBO, and Amazon. This infusion of talent from major players in the tech and entertainment sectors reflects the project’s commitment to excellence and innovation.
Investors and Partners
The recent funding success builds upon Shrapnel’s momentum following a substantial $10.5 million seed round in October 2021. Led by Griffin Gaming Partners, this earlier funding round also featured prominent investors such as Polychain Capital and Forte.
The infusion of $7 million in the latest private round token sale underscores the confidence that leading investors have in Shrapnel’s vision and potential within the gaming and financial technology (Fintech) sectors. Dragonfly, Defiance, Three Arrows Capital, Mechanism, Sfermion, Spartan, and Overwolf’s participation signals a strategic alignment with Shrapnel’s goals and positions the project for continued growth and innovation.
Roadmap
The project’s future mechanics and features include:
- Insignia: Create and own unique player custom designs.
- Ability to move items on chain.
- Marketplace: buy and sell items.
- Player Profile: Customize your player’s public persona.
- Reward Shrap.
- Pre-Alpha: Access to gameplay for Operator holders and Miner Pack holders.
- Game: Early access release.
- Community Rewards: for Creators, Managers and Reputation.
- Create, host, and promote Maps.
- Upgrades and additions to games, services, and tools.
Conclusion of Shrapnel Review
The Shrapnel project has emerged as a standout player in the dynamic GameFi market, captivating audiences with its visually striking gameplay and a commitment to delivering a AAA-quality experience. In a landscape where careful investment in visuals is key, Shrapnel sets itself apart by placing a strong emphasis on both the financial and experiential aspects of gaming.
As users increasingly seek more than just financial incentives from GameFi products, Shrapnel’s strategic focus on delivering a compelling and immersive gaming experience is set to play a pivotal role in shaping the project’s future and contributing to the maturation of the market. Hopefully, Coincu’s Shrapnel Review article has helped you understand more about the project.
DISCLAIMER:Â The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Author
GameFi Reviews
Shrapnel Review: Unique GameFi Project On Avalanche
In the dynamic world of gaming, a new project has emerged that is capturing the attention of the majority of gamers and is poised to become a hot topic in Avalanche’s Gaming section. This exciting venture, known as Shrapnel, promises to redefine the gaming experience for enthusiasts across the board. Now, let’s learn about the game with Coincu through this Shrapnel Review article.
What is Shrapnel?
Interesting shooting game
Shrapnel is the pioneer in the FPS (First Person Shooter) genre on the Avalanche ecosystem. This ambitious project, developed by a team of seasoned experts with a collective portfolio that includes HALO, Star Wars, and Westworld, promises an unparalleled gaming experience for enthusiasts.
What sets Shrapnel apart is its integration of blockchain technology into the FPS realm, allowing players to truly own, create, and trade in-game items such as guns and accessories.
Users are empowered to design their own maps, treating them as intellectual property that can be traded within the gaming community. The Shrapnel game provides a suite of tools enabling players to craft various types of content, akin to Warcraft III’s World Editor application.
Developed on Avalanche Subnet
As one of the innovative projects flourishing on the Subnet, Shrapnel leverages this opportunity to enhance its efficiency in terms of speed and transaction costs. March saw Shrapnel unveil plans to build on the Avalanche blockchain, offering customization and flexibility for its ever-expanding projects.
Designed to cater to fans of the shooting genre, Shrapnel goes beyond traditional gaming by creating a human-centered environment. The game delivers robust player creation tools that seamlessly merge combat, creation, management, and connectivity, fostering a community where players have ownership of the platform and influence its future.
Avalanche, in turn, pledges to deliver swift loading speeds and a seamless player experience in line with Shrapnel players’ expectations. Importantly, as the game evolves, players will be actively engaged in decision-making processes, shaping the future trajectory of Shrapnel’s gaming universe. Next, the Shrapnel Review article will help you learn about the gameplay of the game.
Gameplay
The Three Factions of Shrapnel
In Shrapnel, gamers engage in adrenaline-pumping battles with three distinct factions: Assault, Infosec, and Survivalist, all sharing the common objective of crafting and upgrading equipment to ensure their survival throughout each match.
Each class boasts a unique set of special abilities, allowing gamers to align their choices with their personal play styles. The diversity of available gear and equipment further enables players to tailor their characters to their preferences.
Manufacturing equipment
To forge equipment, players must skillfully scour and exploit available resources on the map. Successfully created items are then seamlessly transferred to the player’s inventory, ready for deployment in future matches or for trading on the NFT Marketplace. The intensity of survival and triumph over opponents directly correlates to increased rewards, better equipment, and accelerated leveling.
The Art of Equipment Creation in Shrapnel
In a groundbreaking move, the Shrapnel game introduces the Creation Tools toolkit, allowing players to design unique gun costumes and maps as NFTs. These personalized creations can be exchanged and purchased on the game’s Marketplace, adding a layer of creativity and customization to the gaming experience.
Shrapnel’s Creation System allows players to unleash their creativity through the crafting of three distinct types of items, each contributing to the game’s rich tapestry.
In the early stages of the project, players can create basic items by collecting in-game resources. These items serve as essential gear for players, providing a foundation for their journey within the Shrapnel universe.
This introduction ensures that players can easily equip themselves and kickstart their adventure.
Shrapnel takes customization to the next level with the introduction of Vanity Items. Players can craft, set prices, and produce a limited number of Vanity Items, each imbued with unique characteristics.
These items, akin to skins for equipment, not only add flair to the game but also create a sense of individuality for players. Crafting and selling Vanity Items on the Marketplace open up opportunities for players to showcase their creativity and potentially generate profits.
Shrapnel empowers players with toolkits and platforms to effortlessly create diverse maps. This feature not only enhances the gaming environment but also allows players to design their own games within the Shrapnel game universe.
The project’s commitment to providing accessible tools ensures that creativity knows no bounds, fostering a community-driven approach to game development.
The Zone: Confronting Opponents in Battleground
The battleground, known as The Zone, is where players lock horns to secure and exploit valuable resources. Prior to entering this perilous domain, players can outfit their characters with essential gear, weapons, and equipment crucial for mission success.
NFTs and Game-Starting Devices in Shrapnel
Shrapnel game offers in-game devices as NFTs, creating an immersive experience where game-starting devices are permanently lost upon defeat in a match. Loot, on the other hand, is earned when players successfully retain equipment throughout a match and bring it to the extraction point.
Unlocking Abilities and Equipment
As players evolve their Operators, unlocking abilities and equipment enhances gameplay. Dynamic strategies and alliances emerge as weaknesses in one layer can be supplemented by strengths in others.
Beyond the spoils dropped by fallen Operators, players can also collect the mysterious Sigma Compound. After securing loot, players must navigate to contested mines, adding an additional layer of intensity to the gaming experience.
Quests, Creation, and Trade
Shrapnel further immerses players by offering quests and the ability to create and sell their own items, with customizable scarcity levels. The creator tools empower the community to build a library of NFTs, fostering in-game creativity, community sharing, and player-to-player trades.
There will be mission systems appearing in Shrapnel. In addition to players participating in the battle and collecting resources, players will combine to complete the given missions. These tasks will give players the opportunity to receive SHRAP token rewards upon completion.
Weapons, Armor, Consumables, and Technology
The strength of a character in Shrapnel hinges on four key factors:
- Weapons: Gamers can dismantle weapons to obtain parts for crafting custom armaments.
- Armor: Not merely a defensive tool, armor provides utility bonuses. Players can select armor from various sets.
- Consumables: One-time-use items like grenades and medical kits, although untradeable, play a crucial role in surviving intense battles.
- Technology: Night vision goggles, information gathering devices, and other technological advancements offer valuable assistance without being consumed upon use.
The Shrapnel Review article will continue to explore the game’s economy.
In-Game Economic Model
The virtual realm of Shrapnel game is set to redefine the landscape of gaming by introducing a multifaceted economic ecosystem that intertwines play, creation, ownership, and governance. The initiative aims to empower individuals through a unique blend of personality incentives, fostering a cycle of cooperation, discovery, and economic activity.
Within Shrapnel’s expansive virtual world, players now have the opportunity to not only engage in thrilling game sessions but also participate in a thriving economic marketplace.
Players can acquire equipment through various means, including purchases and in-game achievements, and subsequently trade these items on the innovative Marketplace Shrapnel for the native currency, SHRAP.
A new frontier opens for creative minds within Shrapnel as individuals can customize weapons, maps, and map objects. The economic value generated by these unique creations translates into profits for the creators, offering a novel avenue for entrepreneurial expression within the gaming universe.
For those with a keen eye for quality content, Shrapnel introduces the role of Curators. These individuals act as managers, curating and sharing outstanding content for the community to enjoy.
Not only do Curators enhance the overall gaming experience, but they also share in the economic spoils generated by the popularity of the content they promote.
Maps, the very foundation of the gaming experience in the Shrapnel game, will be crafted on virtual land. Landowners, in addition to playing a pivotal role in the development of the virtual world, will receive bonus rewards based on the performance and popularity of their designated areas.
This novel approach not only encourages active participation but also grants tangible benefits to those who contribute significantly to Shrapnel’s evolving landscape.
The next topic Shrapnel Review article wants to introduce to you is the features of Shrapnel game.
Features of Shrapnel
While FPS games like Call of Duty, Halo Infinity, and Battlefield have long dominated the gaming landscape, Shrapnel game introduces a groundbreaking approach by integrating blockchain technology into its gaming model.
What sets Shrapnel apart is its emphasis on player creativity within the FPS universe.
In a departure from traditional gaming norms, Shrapnel game empowers players to not only engage in intense FPS gameplay but also unleash their creativity by designing items that can be seamlessly integrated into the game environment. This innovative feature allows for a dynamic and ever-evolving gaming experience.
The unique twist lies in the correlation between tournament size and rewards—the larger the player turnout, the greater the rewards for both the tournament creator and the ultimate victor.
The backbone of Shrapnel’s economic ecosystem is its token infrastructure. Initially issued as ERC-20 tokens on the Ethereum blockchain, Shrapnel is poised to deploy its game on a dedicated subnet of Avalanche.
Within this specialized subnet, the native SHRAP token takes center stage, serving as the primary utility for gas fees. This strategic move not only enhances transaction efficiency but also aligns with Shrapnel’s commitment to harnessing the full potential of blockchain technology
The level of customization afforded by Shrapnel is unparalleled. Tournament creators have full control over the tournament’s rules and regulations, enabling them to tailor the gaming experience to their preferences. This flexibility extends to the determination of rewards, fostering a sense of ownership and personalization that enhances the overall engagement for participants.
SHARP token, an important element in the game, will be mentioned next in this Shrapnel Review article.
SHRAP Token
Key Metrics
The SHRAP token was initially issued as an ERC-20 on Ethereum and also deployed on Avalanche. Currently, 3 billion SHRAP will be minted as the total supply and will never increase.
- Ticker: SHRAP.
- Blockchain: Ethereum, Avalanche C-chain, BNB Chain
- Contract:
– Avalanche: 0xd402298a793948698b9a63311404fbbee944eafd
– BNB Chain: 0x31e4efe290973ebe91b3a875a7994f650942d28f
– Ethereum: 0x31e4efe290973ebe91b3a875a7994f650942d28f - Token Standard: ERC20
- Token Type: Utility, Governance.
- Circulating Supply: 240,900,741 SHRAP
- Total Supply: 3,000,000,000 SHRAP
Token Allocation
As Shrapnel game gears up for its Token Generation Event (TGE), the project has unveiled plans to unlock approximately 4.5% of tokens during this crucial phase, equating to around 135,000,000 tokens. However, the community reward part has not yet been finalized by the project, so the exact token unlocked during the TGE phase is not yet known, so Coincu will update more in this Shrapnel Review article when there is the latest information about the project.
- Community Rewards: 33%
- Team & Advisors: 27%
- Seed Token Holder: 20%
- Strategic Token Holder: 7%
- Public Distribution: 1.5%
- Market Making & Liquidity: 3%
- Ecosystem Fund: 8.5%.
Release Schedule
- Team & Advisors: will be locked within 12 months and paid in installments within 48 months.
- Seed Token Holder: will be locked within 12 months and paid in installments within 12 months.
- Strategic Token Holder: will be locked within 12 months and paid in installments within 24 months.
- Ecosystem Fund: will be locked within 6 months and paid in installments within 36 months.
- Public: 100% clearance at TGE.
- MM and Liquidity: 100% release at TGE.
Use Cases
SHRAP is the core of the project’s innovative ecosystem, providing users with exclusive access to a range of features that enhance the gaming experience and contribute to the platform’s vibrant community.
SHRAP holders are poised to unlock a multitude of functionalities, creating a dynamic synergy between token utility and user engagement.
SHRAP token holders wield significant influence within Shrapnel’s decentralized governance framework. With the ability to participate in voting on both the project’s DAO and sub-DAO platforms, token holders actively contribute to shaping the future direction of the platform.
SHRAP isn’t just a means of participation; it’s a versatile currency within the Shrapnel universe. Holders can utilize SHRAP to facilitate transactions while immersed in gameplay and make purchases on the Shrapnel Marketplace.
The creative potential of SHRAP extends to the minting of player-created NFTs. From maps to costumes and jewelry, SHRAP holders can use their tokens to mint unique and personalized in-game assets.
This not only fosters a sense of individuality within the Shrapnel community but also introduces an exciting avenue for creators to showcase and monetize their imaginative works.
As Shrapnel looks towards the future, SHRAP holders will have the opportunity to stake their tokens to become validator nodes on the Shrapnel subnet. This strategic move not only bolsters the network’s security but also empowers token holders to actively contribute to the platform’s decentralized infrastructure.
In a bid to encourage exploration and community engagement, Shrapnel introduces an innovative betting system. SHRAP tokens can be utilized by players to bet on various in-game items, including maps and costumes.
Successful bets, determined by the performance metrics of the items (such as price and volume), yield SHRAP bonus rewards, creating a unique and incentivized gaming environment.
The Shrapnel Review article will introduce you to the team that created this interesting game project.
Team
The Shrapnel project has assembled a stellar team of industry veterans. Comprising individuals with extensive experience in video game development, Fintech, and cryptocurrency, the team is poised to bring a unique blend of expertise to the table.
Mark Long – CEO
At the helm of the Shrapnel project is a seasoned CEO with an impressive 26-year track record in the gaming industry. Notably, the CEO served as the leader of Xcloud, Microsoft’s esteemed game development department. This wealth of experience positions the project for success, with insights gained from navigating the dynamic and competitive world of gaming.
Colin Foran – Head of Game
Colin Foran, the Head of Game for the Shrapnel project, brings 13 years of invaluable experience to the team. Foran has a diverse background in game development, having contributed to projects across various platforms, ranging from mobile phones to cutting-edge augmented reality (AR) and virtual reality (VR) technologies. His expertise is expected to play a pivotal role in shaping the innovative direction of the project.
BOD
The Shrapnel project’s team extends beyond its leadership, with members boasting extensive backgrounds in game development. Notably, several team members have previously worked at industry giants such as Microsoft, HBO, and Amazon. This infusion of talent from major players in the tech and entertainment sectors reflects the project’s commitment to excellence and innovation.
Investors and Partners
The recent funding success builds upon Shrapnel’s momentum following a substantial $10.5 million seed round in October 2021. Led by Griffin Gaming Partners, this earlier funding round also featured prominent investors such as Polychain Capital and Forte.
The infusion of $7 million in the latest private round token sale underscores the confidence that leading investors have in Shrapnel’s vision and potential within the gaming and financial technology (Fintech) sectors. Dragonfly, Defiance, Three Arrows Capital, Mechanism, Sfermion, Spartan, and Overwolf’s participation signals a strategic alignment with Shrapnel’s goals and positions the project for continued growth and innovation.
Roadmap
The project’s future mechanics and features include:
- Insignia: Create and own unique player custom designs.
- Ability to move items on chain.
- Marketplace: buy and sell items.
- Player Profile: Customize your player’s public persona.
- Reward Shrap.
- Pre-Alpha: Access to gameplay for Operator holders and Miner Pack holders.
- Game: Early access release.
- Community Rewards: for Creators, Managers and Reputation.
- Create, host, and promote Maps.
- Upgrades and additions to games, services, and tools.
Conclusion of Shrapnel Review
The Shrapnel project has emerged as a standout player in the dynamic GameFi market, captivating audiences with its visually striking gameplay and a commitment to delivering a AAA-quality experience. In a landscape where careful investment in visuals is key, Shrapnel sets itself apart by placing a strong emphasis on both the financial and experiential aspects of gaming.
As users increasingly seek more than just financial incentives from GameFi products, Shrapnel’s strategic focus on delivering a compelling and immersive gaming experience is set to play a pivotal role in shaping the project’s future and contributing to the maturation of the market. Hopefully, Coincu’s Shrapnel Review article has helped you understand more about the project.
DISCLAIMER:Â The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum
USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products
