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Massive multiplayer online role-playing games (MMORPGs) are one of the most popular types within the online world of web3 gaming. These immersive worlds, where players level up characters through exploration, fighting and trading, are a great way to capture gamers' imaginations. It's no surprise, then, that there's a big demand for MMORPGs with blockchain capabilities. By combining classic gaming strategies with blockchain technology, Space Nation hopes to create the most immersive gaming experience ever. Keep reading to learn all about Space Nation's design and see what its crypto tokens are like.
Key Takeaways:
Space Nation is a web3 gaming and media ecosystem. Gamers play as space explorers, fulfilling a variety of quests and earn cryptocurrency.
Looking to trade Space Nation tokens? Bybit now offers the OIK/USDT Spot trading pair.
Space Nation is a web3 gaming and media ecosystem. Gamers play as explorers navigating through outer space to fulfill a variety of quests and earn cryptocurrency. The game also has links to a live-action TV show and other real-world media.
Space Nation was founded by Jerome Wu, Roland Emmerich, Tony Tang and Marco Weber. Its founding team has decades of collective experience working with AAA games, including World of Warcraft, Diablo III and Hearthstone, and also includes filmmakers who have worked on movies like Independence Day and The Day After Tomorrow. This diverse set of founders is united by their love of science fiction and gaming. To help make their dream a reality, they’re joined by a team of over 10 cryptocurrency and game design experts. Space Nation has been in development since 2022, and has acquired over $50 million worth of funding.
Space Nation's main mission is to create a vibrant, immersive gaming ecosystem for users to enjoy. While many web3 games are focused more on fast releases and impressive crypto prices, there’s a real need for quality web3 games. Space Nation hopes to create a complex system that entertains and challenges users while using blockchain technology as just one of many tools. Its stated four primary goals are as follows:
Impressive gameplay that appeals to both Web 2.0 and web3 users
Sustainable ecosystem with immersive blockchain technology
Assets that are fully interoperable, and can easily be moved to outside worlds
An original universe that has the ability to support other media, such as television shows
As a huge MMORPG with thousands of assets, locations and players, Space Nation's system is highly complex. Its games are designed to be fully playable for both Web 2.0 and web3 users. Anyone can download Space Nation Online onto their computer as standard software, and the player interface will guide users through enjoying the game. As with most MMORPGs, there’s a whole team of designers behind the project who come up with asset designs, questlines and world-building to make the game entertaining.
The blockchain technology within the Space Nation Online game is run on Immutable zkEVM. This Ethereum Layer 2 chain is known for its scalability and cost efficiency, and Space Nation believes it can easily accommodate massive numbers of players. The blockchain handles things like buying and selling ships, buying fuel and other in-game essentials. Meanwhile, the Space Nation account system lets users log in with their MetaMask or other web3 wallet, and then automatically handles game token management for players.
Although Space Nation is just starting out, it's already released quite a few features for gamers to enjoy.
The core gameplay of Space Nation Online revolves around ships that players can create and operate to fly through space and reach various location markers. Players can choose between combat, mining and exploration ships, depending upon how they wish to play the game. Quests guide a player through certain activities, and the player receives rewards that help them level up their spaceship and captain. In addition, players are in charge of their own growth, and can choose various development paths based on how they want to interact with the game.
Space Nation features two classes of NFTs. The first, craftable NFTs, consists of in-game assets that can be made from game materials or purchased if players don't want to craft them themselves. Craftable NFTs are primarily tools or simple ships.
There are also collectible, non-craftable NFTs that provide exclusive perks, such as the ability to participate in alpha and beta playtests. Some of these non-craftable NFTs also offer rare skins for your spaceship or profile picture.
After testing its system through several closed betas and soft launches, Space Nation is aiming for a full public global launch, set to take place sometime in 2025 after the final soft launch concludes. Once the game is operational, the system will launch the Space Nation decentralized autonomous organization (DAO) in stages. The eventual goal is to give players full control over their world. There are also plans to expand to a mobile game that can be played directly from a player’s cell phone.
Unlike some other games, Space Nation actually has two tokens. This dual-token system supports flexibility and ensures that people can enjoy the game, regardless of their particular web3 capabilities.
OIK is the Space Nation utility token. People can use it to participate in community governance and to interact with subsidiary games that use Space Nation IP. OIK is fully on-chain, and can be bought and sold in centralized exchanges (CEXs).
CHR is Space Nation’s in-game currency. Even if you don't have a blockchain wallet, or want to operate the game as a play-to-earn system, you use CHR for tasks such as purchasing game assets. CHR is available as a reward for various activities, and can be used to obtain useful items. The token is currently off-chain, but it can be converted into USDC–Immutable zkEVM tokens that have real-world value.
Space Nation has released a few OIK airdrops to get people involved in its ecosystem. You’re eligible for the OIK airdrop if you've participated in closed beta testing, or in Logistokos or Discord events for Space Nation. Users can also burn some of their NFTs in exchange for OIK, and can claim their portions of the airdrop by signing into their online Space Nation accounts.
The OIK Space Nation ecosystem token can be used for everything from staking to governance. In addition to being bought and sold publicly, you can also earn it playing the game. There’s a total supply of 1 billion OIK tokens, to be unlocked over a 10-year schedule. All tokens will be distributed as follows:
Gameplay rewards: 50%
Core team: 16%
Seed round: 13%
Marketing: 5%
Ecosystem: 5%
Private sale: 4%
Advisors: 4%
Public sale: 3%
Looking to trade Space Nation tokens? Bybit now offers the OIK/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the OIK/USDT Spot trading page.
Since its release in mid-March, the OIK token’s price has bounced between an all-time high (ATH) of $0.1587 and an ATL of $0.04119. There’s been some enthusiasm for this token due to the game’s positive reviews from players. Furthermore, the potential live-action TV series based on the Space Nation universe could be an extremely valuable form of marketing for OIK. However, some traders have expressed concern about Space Nation’s tokenomics and the fact that the development team reserves the right to change OIK’s minting and selling opportunities.
Ultimately, this coin is a good choice for investors looking to put their extra cash into an intriguing crypto project. Keep in mind that its prestigious backers don't entirely remove risk from the coin. You'll still need to account for market volatility and avoid investing all your essential funds into Space Nation's OIK token. And as always — DYOR.
Space Nation is a great example of how a well-designed game can be augmented with blockchain technology. The Space Nation Online space exploration game is perfect for fans of EVE Online and similar MMORPGs. In addition to providing an exciting environment for gamers, Space Nation also has some great opportunities for investors. As it works on releasing the OIK token, be sure to keep an eye on this project.
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