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Breaking News: The Ethereum Indicator That Never Missed A Bottom Is Signaling Again, This Time At $700
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Breaking News: The Ethereum Indicator That Never Missed A Bottom Is Signaling Again, This Time At $700

ICO Era Is Over, Meet the New Hype on Blockchain — Crypto Token Wars!

Bitcoinist
by Bitcoinist
Last Updated: January 8, 2018 6:00 pm
·
Posted in News, Ethereum, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Game studio Chatrobotic announces Fishbank, the upcoming PvP mmo based upon the Ethereum blockchain.


After a number of stunning ICOs managed to collect millions of dollars gone to develop their products for years to come, it became quite obvious that the only practical implementation of blockchain technology at the moment is… a digital kitten collectibles game.

If breeding and adoring cuties have resulted in congestion of the whole Ethereum network, it is hard even to predict what impact a full-featured blockchain game can make.
The new kid on the block is the massively multiplayer online (MMO) game on smart contracts called “Fishbank.” It represents quite aggressive PvP (player-versus-player) gameplay with open-sourced fighting mechanics and global leaderboards called the “food chain.”

Every player owns a fish that is, in fact, a digital ERC-721 token stored on the Ethereum blockchain. It acts like any other cryptocurrency and can be transferred, gifted, or sold to other players.

The core parameter of the fish token is the weight which defines its size and influence. Fish are able to gain weight by hunting others and taking bites off of losers. The main objective for a player is to increase the size of his fish in order to become the biggest fish in the “deep decentralized blue ocean.”

As mentioned in the Fishbank Whitepaper, the more weight the fish has, the more value its token represents and the more Ether the owner may ask for it on the market. All fish tokens are divided into Common, Rare, Epic, and Legendary.

Three are three ways to obtain an original fish token: catch a random one in the Aquarium for a small fee, buy from other players on the Market, or be rewarded for helping the project spread the word. All settlements between players are made in Ether, and no special currency is involved.

In order to play the game, the user must have a Chrome or Firefox browser installed with the MetaMask extension. Every game action that runs smart contracts requires gas to complete a transaction in the Ethereum network.

The team behind Fishbank is a studio called “Chatrobotic,” who is famous for its chat bot game titles running on various messenger platforms (Telegram, Kik, and Facebook Messenger) with more than 500,000 players on board and 2.5 million messages sent daily.

The game is still in development, but there is already a lot of hype around it — developers promise to launch the Alpha closer to the end of January 2018 with an ability to preorder your fish token prior to the event. No ICO will be conducted.

One can agree that the emerging of dApps is an extremely important iteration for distributed ledger technology development, even being it in a form of a funny game. If that teaches players who are using digital crypto wallets, that is good for all.

More info:
Website: https://fishbank.io
Telegram News: https://t.me/fishbank
Telegram Chat: https://t.me/fishbank_en
Twitter: https://twitter.com/chatrobotic
Facebook: https://fb.me/fishbank.io
Discord: https://discord.gg/p8QsbZD
Bitcointalk: https://bitcointalk.org/index.php?topic=2644644.0
Whitepaper: https://fishbank.io/whitepaper


Images courtesy of Fishbank.

Please note that this is a guest column. Bitcoinist does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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