Play2Earn Gaming: Chumbi Valley
Move over Axie Infinity - Something is stirring in the Chumbi Valley
Despite the proliferation of decentralized applications (dApps), no single protocol so far has been able to claim mainstream adoption due to the complex nature of cryptocurrency in general and the lack of personal and meaningful connection of most dApps with users. Except perhaps—for just one—which somewhat ironically happens to be in the form of a blockchain game. We’re talking of course about none other than Axie Infinity¹, whose cast of fluffy delightful creatures have become for many, the foremost recognizable faces for the cryptosphere.
But ever since Axie’s meteoric stint, everyone has been on the lookout for the next thing to supplant it, for a likely candidate among up-and-coming blockchain games that can be dubbed as the “Axie Infinity Killer”. At this time, a lot of fingers are already pointing at a promising RPG called Chumbi Valley and for a lot of good reasons. In fact, it’s already been nominated as the “Most Anticipated Blockchain Game of 2022” by the PlayToEarn.net Blockchain Game Awards of this year.²
What are Chumbi?
If the name itself doesn’t carry that certain ring to it like it could easily become a household term already, then just looking at the game’s beautifully illustrated characters and game environment would be more than enough to cast an air of nostalgia, connecting with anyone who grew up with the likes of Pokémon, Legend of Zelda, or Studio Ghibli films. This is actually what developers wanted to capture for a blockchain game—to give that familiar gaming experience that people grew up with, but without the complicated and alienating blockchain jargon.
A Chumbi is basically a magical forest creature on two legs, round like an egg, with ears and tiny appendages hardly sticking out from its sides. Chumbi are the spiritual stewards of the valley, but that doesn’t mean they don’t like to duke it out with each other with their spell attacks to get better and stronger and gain more experience. Chumbi are also the game’s primary NFTs that players can nurture, train, and trade with.
Chumbi are magical creatures with a wide range of skills and attributes unique to their type.
As with Pokémon and Axie Infinity, Chumbi come in different types depending on where they live or what they’re good at. The 15 types in existence include such species that come from forests, rivers, mountains, caves, and even those who wield special abilities like flame or frost types. Their different skills, of course, give certain Chumbi special advantages over others. And like in Pokémon, gameplay promises to be simplistic and easy to learn, but with a depth of strategy involved that is difficult to master.
Gameplay: How to make money while playing Chumbi Valley
Chumbi Valley has a lot of options for profit potential, keeping to its vision of prioritizing players as the driving force behind any game. When previously, only big gaming companies made any money at all with the pay-to-win format, blockchain gaming is turning the industry on its head by directing the bulk of profits to the gaming community itself.
Besides being play-to-earn, Chumbi Valley will also be a free-to-start game, wherein if you don’t have your own Chumbi yet, you can start with an Ancestor Chumbi (which is not an NFT) to get familiar with the game mechanics and to get to know the valley.
From there, you can explore the serene mystical forests to discover hidden NFT items, and battle with other players or wild cursed Chumbi for rewards. Each Chumbi starts with two attack moves based on its type, but as your Chumbi gets more experienced, you can send it to the Chumbi Sage to learn more spells. The stronger your Chumbi becomes, the more rewards you can earn from winning battles.
Battles are only one aspect of the gameplay however, and players can choose to focus on more relaxing tasks such as farming. Players can collect rare seeds from the forest to cultivate and harvest tokenized crops which are used to feed your Chumbi and raise their happiness levels, or be sold to other players for their own convenience. Some of the spells that your Chumbi can learn from the Sage can also be used in other ways such as gathering in-game resources like wood, stones, or fish even when offline, ensuring a steady supply of profit.
Crafting can also be another profit-generating activity, wherein you can make unique NFT items such as character tools and cosmetics from the resources you gather. Crafted items can be sold and bought at the marketplace along with seeds, crops, and even land.
Chumbi come in 15 types and can be bred in an infinite number of combinations.
Breeding is one of the game’s more exciting play-to-earn features as this is how you produce more Chumbi with even more interesting and unique attributes. As each Chumbi is a combination not just of different types, but also coats, patterns, eyes, ears and horns, the possibilities for the offsprings are literally infinite, and if you’re lucky, you might just produce ultra-rare types!
And similar to Axie Infinity’s scholarships, fostering is an option where you can temporarily lend your extra Chumbi to other players and earn an adjustable percentage of the rewards that they acquire. Fostered Chumbi are returned immediately upon request, and the system itself is a good means for maximizing profit when you have more Chumbi than you know what to do with. It’s also a more affordable entry-point for players who want to try out the game first before committing serious investments.
Even staking the game’s in-game currency, CHMB, has been integrated into the gameplay and storyline. How it goes is that Chumbi’s natural hoarding instincts has led to a practice of worshiping the “Shrine of Giving” wherein players can lock their CHMB tokens for a given period to receive more CHMB and other NFT rewards. And if the Chumbi offering on the shrine has its happiness levels maxed out, a higher APY than the base rate can be unlocked, and the Chumbi as well becomes a prized NFT.
Chumbi Valley offers plenty of opportunities to reap profits for players.
Lightning transaction speeds and zero fees
One of Chumbi Valley’s immediate advantages over Axie Infinity is that it’s built on the Binance Smart Chain (BSC) and Polygon (MATIC) networks, which promises nothing less than near-instant transaction speeds and zero fees. A huge relief compared to the notorious gas fees on the Ethereum mainnet, which coupled with the Ronin side-chain, has been a source of stress Axie Infinity players and guild managers.
BSC is EVM-compatible (Ethereum Virtual Machine) which means it operates in the same way a s the Ethereum blockchain but with additional tweaks that make it faster³ at about 55 to 60 transactions per second (TPS) compared to Ethereum’s 15 TPS.⁴
Meanwhile, Polygon is a scalability side chain on top of Ethereum which was designed to link the massive network of Ethereum-based blockchains. It has a whopping 65,000 TPS and a block confirmation time of less than two seconds⁵, which accounts for why transaction fees on the Polygon network are practically null.
CHMB Tokenomics
CHMB is used to pay for Chumbi, breeding and Sage fees, as well as other in-game purchases. CHMB will also later have governance functions after the game’s release and early guided phase, allowing CHMB holders to eventually take part in the game’s future directions. A “Chumbi Treasury” will also be set up in the future as the community grows, where tokens will be burned to make CHMB deflationary, further incentivizing players to hold their tokens.
CHMB will have a total supply of 30,000,000,000 (30 billion) with an initial circulating supply of 15,150,000. Allocation is as follows:
Play-to-earn (21%) — 6,300,000,000
Staking (24%) — 7,200,000,000
Team (18%) —5,400,000,000
Advisors (8%) — 2,400,000,000
Marketing (7%) — 2,100,000,000
Private Sale (11%) — 3,300,000,000
Seed Sale (5%) — 1,500,000,000
Liquidity Reserve (4%) — 1,200,000,000
Airdrop (1%) — 300,000,000
IEO (1%) — 300,000,000
Additionally, Chumbi Valley will have a secondary token called Lucky Stars (LSTS) and will be used for various game functions such as crafting, spells, breeding, and happiness. It has an infinite supply and will be used only to further power the play-to-earn aspects of the game.
Conclusion
Unlike most blockchain games being developed, Chumbi Valley comes off right away as a project that is deliberately taking its time, making sure it’s dotting all the i’s and crossing all the t’s. The whole package has an air of refinement to it, from the storyline, artwork and character designs, and gameplay mechanics. It’s also breaking the mold from most other games, aiming for that relaxing feel instead of that flashy highly-charged action prevalent among most hack-and-slash titles.
Currently, Chumbi Valley already has a 228K strong community on Discord with another 245K followers on Twitter. Promotion has been great this last month with CHMB securing the KuCoin IEO spotlight and all seed Chumbi selling out within just four minutes of opening its NFT sale last December 16. Hype is strong for January as well with the Chumbi “Hatching Event” competition offering rare NFTs for prizes.⁶
2022 will see if the time of Axie Infinity is over, and if the sun will shine in the valley.
References:
¹Axie Infinity: The CRAZIEST Crypto Game EVER!!
²Chumbi Valley is Nominated for “Most Anticipated Blockchain Game of 2022”
³Polygon vs BSC: What’s the Difference?
https://bsctimes.com/polygon-vs-bsc-whats-the-difference/
⁴Binance Smart Chain—How Far Can it Go?
https://www.kirobo.io/binance-smart-chain-how-far-can-it-go/
⁵All about Polygon(MATIC) in One Shot (with audio) https://medium.datadriveninvestor.com/all-you-need-to-know-about-polygon-matic-a6c61dbc2d3c
⁶Seed Chumbi Giveaway Competitions & Hatching Event Schedule
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Chumbi Valley 💚