Alien Worlds’ - DeFi Metaverse Game Economy Review

Dhruv Ghorpade
July 29, 2022

Overview 

gm folks, 

In this week’s game review we’re covering Alien Worlds -  a game that has maintained its position as the lead performer on DappRadar’s top blockchain games list even in the bear market. LFG!

Image Credits: AlienWorlds.io

Alien Worlds is an NFT metaverse game where players explore, buy and pillage more than 3000+ land plots spread across six unique worlds to find and collect Trillium. 

Alien World’s metaverse is built on top of three distinct blockchain ecosystems: WAX, Build and Build(BNB) Chain, and Ethereum. 

Economy

The Alien Worlds economy is made up of four key pillars -  Trilium, NFT land plots, Tool NFTs, and Planetary Decentralized Autonomous Organizations (DAOs) aka PlanetDAOs. These elements makeup the gameplay in Alien World’s - let’s have a look at each of them. 

 Trilium 

Trilium is the lifeblood of Alien Worlds economy. It’s the primary utility currency of the game - meaning that every transaction you make in the game will be with Trillium.  It’s a cross-chain ERC-20, BEP20, and WAX fungible token. For folks that landed here straight from Web2 gaming - think of Trillium as gold from World of Warcraft that you can use to buy in-game items like weapons, skins etc. in the game. However, unlike WoW Gold you can convert Trillium into fiat (i.e. real money, at least according to the government). 

NFT Land Plots 

Image Credits: Alien Worlds Medium

Land NFTs are plots of land in the virtual universe of Alien Worlds'. They are platforms on which players mine Trilium in the game. These are like metal ores but inside the metaverse. Players can purchase these plots and rent them to other players for mining, in exchange for a fee. Alien Worlds initially released 3343 land plot NFTs that came in 20 different variants. Some of the land plot types in the game are Mushroom forests, Icy Mountains, Rocky Deserts, and Plains. 

Tool NFTs 

Image Credits: Alien Worlds

To mine Trilium and other non-fungible tokens in the game, players (Explorers) need tool NFTs. Although Alien Worlds gives each player a free NFT shovel upon starting the game, to increase their mining output, players need to purchase more powerful NFT tools. Each tool in the game comes with its own attributes. For example, Lucky Drills are the ideal tool of choice for mining Trilium, whereas Glover Discs are better for locating NFT-rich land plots. 

Planet DAOs  

Image Credits: Alien Worlds

Every planet in Alien Worlds is a DAO . This means every planet has its own set of rules and governance. Players can participate in the governance elections of planets by staking their acquired Trilium. Currently, there are six active planets in the virtual universe of Alien Worlds. These are Magor, Neri, Naron, Kavian, Veles, and Eyeke. Planets receive a daily supply of Trilium through the game’s smart contracts. Custodians (elected officials) of the DAO can then decide on an allocation strategy for the received Trilium. 

Other NFTs

Image Credits: Alien Worlds

Apart from essential NFTs like land plots and tools, Alien Worlds also features many other NFTs that are not crucial to the gameplay but can be acquired by the players as a side quest. These NFTs come in six different levels of rarity: Abundant, Common, Rare, Epic, Legendary and Mythical. 

Tokenomics

 Alien Worlds' smart contracts inflate the circulating supply of Trilium every 24 hours. The new Trilium is distributed amongst the planet's DAOs and land owners. Each planet receives the new supply proportional to the amount of Trilium users have staked on it. The distribution of Trilium between planet DAOs and landowners is 80% and 20%, respectively. Landowners receive their Trilium rewards roughly every week. The amount of Trilium a landowner will receive is determined by the quality of their virtual land plot. The game has placed a cap on the Daily Trilium Allocation to the planets at 300k. 

Image Credits: AlienWorlds.io

Here's a breakdown of Alien Worlds' Token Allocation:

  • Project Team: 14.40% 
  • Ecosystem Grants: 14.24%
  • Seed Sale: 13.75% 
  • Alien Worlds Foundation: 13.14%
  • Marketing: 9.24% 
  • Presale: 6.69%
  • Liquidity Provision: 5.84% 
  • Advisors: 5.35% 
  • Governance: 3.89% 
  • External Protocol Development: 3.50% 
  • Staking Rewards: 3.41%
  • Binance Launch pool: 2.92% 
  • Participation Rewards: 2.72%
  • Security Audits: 0.78%

 

Trilium’s Utility

Every transaction in the game requires some amount of Trilium. Here are some use cases for Trilium in the Alien Worlds: 

  • Staking Trilium to take part in planetary governance.
  • Burning Trilium to ‘Shine’ NFTs.
  • Councilors from planetary DAOs can stake Trilium to become candidates in the planetary elections. 
  • TRM is used for buying NFTs within the game. 
  • Trilium is required to participate in in-game missions.

 

Demand

On June 30, 2021, players made 14 million transactions, and the transaction volume for Trilium was around $824 million. The bear market appears to have significantly reduced the transaction volume of Trilium, but that doesn't seem to have affected the demand for the token among players.

On June 30, 2022, players reportedly made 10 million transactions with Trilium on Alien Worlds, as per DappRadar. The transaction volume for Trilium was $16.61 million. The bear market appears to have significantly reduced the transaction volume of Trilium, but that doesn't seem to have affected the demand for the token among players.

Uniqueness

While most web3 games use two blockchains at best for their in-game tokens, Alien World’s Trillium runs on three distinct blockchains- Ethereum, WAX, and BNB Chain (formerly known as BSC).  

Supply  

Alien Worlds has fixed the supply of Trilium at 10 billion with an inflation rate of 9% per annum. The game developers want to decrease the inflation rate of Trilium every year. It’s important to note that initially, the total supply of Trilium was 5 billion, according to data aggregator platforms like CoinMarketCap (CMC). However, Alien Worlds explained in a Medium post that CMC and other data aggregators unwittingly displayed the wrong data. 

Stats table

These metrics showcase the financial performance of the Trilium Token on July 28, 2022. 

  • Total Trilium Supply: 10 billion
  • Inflation rate: 9.14%
  • Trilium Price: $0.03036
  • All-Time Low: $0.02025
  • All-Time High: $7.85
  • Trading Volume 24h: $45,811,862.76
  • Market Cap: $79 million

Competition

The primary competitor to Alien Worlds in the Web3 gaming space is Splinterlands, a strategic NFT card trading game. However, Alien Worlds currently outperforms Splinterlands in several key metrics. 

As per data from DappRadar, Alien World is played by 205,000 players, while Splinterlands has a player base of only 155,000. On 28 July, 2022, players in Alien Worlds made 12.48 million transactions. In comparison, Splinterlands players only made 1.24 million transactions in the game. 

 

 

Community

Here’s a breakdown of the community strength of Alien Worlds on different social channels: 

Closing remarks 

Alien Worlds lore and sheer scale has the potential to turn into an epic AAA game.We’re talking about a metaverse that has six different worlds with countless planets that can be explored by the players. Hopefully, the developers will expand the gameplay of the project to include more immersive actions. On the economic side of things,  Trilium is down 99% from its all-time high of $7.83. Understandably, the dramatic collapse in its value might scare investors. However, on the bright side of things, the market crash is a great time to experiment with the game at low stakes. 

DISCLAIMER: None of this is financial advice. This article is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.