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Etheremon is a decentralized blockchain game on Ethereum. At the time of publishing Etheremon has around 350 DAU (Daily Active Users) which makes it the second most popular blockchain game by DAU after Cryptokitties.
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Etheremon: About the Platform
Etheremon players can own and train Ether Monsters (Mons) who can then explore game sites and gain tokens that can be further exchanged.
Etheremon runs on ETH but additionally the team is developing EMONT Frenzy game which uses Zilliqa as a utility chain. This project is leveraging the Zilliqa blockchain developer grant, the amount of funding is undisclosed.
The Ethereum Monsters
Users can purchase Mons in the game store (Level-1 Mons) or from other players. Mons then develop as they are trained and can explore game sites to reap tokenized rewards and lay eggs.
Most kinds of Mon are limited in supply and trained Mons are even more scarce, which suggest players can trade advanced Mons for profit.
Players are also incentivized to form teams and battle against other teams.
Etheremon: Token Promotion & Results
The Etheremon game uses two types of tokens.
ERC-721
Mons and Adventure sites (released September 2018) and other items in the game are ERC-721 tokens. ERC-721 is a standard for non-fungible tokens (NFT) which are stored on the ETH blockchain and controlled fully by the player. This standard is typically used for collectible assets because every issued token is unique.
The ERC-721 digital assets can be traded in-game or via a cryptoasset exchange with ERC-721 support.
- Learn more at erc721.org
ERC-20
The in-game currency is an ERC-20 compliance token (the EMONT token). Players earn EMONT by battling other players, training their mons and selling them. In-game engagement such as battling or training effectively mines the EMONT token the players then collects as reward.
The supply of EMONT is capped at 20 million tokens.
- Learn more at medium.com/etheremon
There was an in-game asset token sale in May-June 2018 which also succeeded to promote Etheremon in the gaming community. The official Twitter @myetheremon has nearly 4K followers by September 2018 with a large spike around the in-game asset sale.
Ethereum Smart Contracts related to Etheremon game:
World Contract: 0x1fc7bd85293f3982f40d52698df8d26be89360d6
Trading Contract: 0xbd4b50bbf385195c410a625681ff29d439ba61f3
Transform Contract: 0x16ecc82b4e3e5ff5a4db8510ed191282a37639b0
Ranked Battle Contract: 0x022c635044ba01ced1e098bc32e62a954147f2de
Gym Contract: 0xcaef67f72114b4d2b4f43e7407455285b7de8de5
Energy Contract: 0x6c8dce6d842e0d9d109dc4c69f35cf8904fc4cbf
EMONT Contract: 0x95daaab98046846bf4b2853e23cba236fa394a31
Adventure Claim Contract: 0x41f3d85e9b8497fca552523047bf4dac7beea64a
Adventure Token Contract: 0xbfde6246df72d3ca86419628cac46a9d2b60393c
Adventure Contract: 0xcdf7cfc9f7c129a0d7aec376bc205ab87fc878e1
Previous Controversy
In December 2017 along with the first wave of popularity for Etheremon also emerged community criticism of the way the Etheremon smart contract was written.
The original version of the contract gave permissions to modify players’ assets to the admins, essentialy making the game centralized. These problems were successfully addressed in updates.
Etheremon team commented to this: ,,We actively seeked advice from the community to implement the change as well as seeked external audit support. We implemented the change ourselves though.”
The Business Intelligence for Etheremon
Etheremon is a project of Etheremon company located in Singapore with office address at 28D Dover Crescent, Singapore, Singapore 134028.
Etheremon is also a founding member of the EMONT Alliance, a practical initiative for blockchain gaming platforms. The ethos of the alliance is such that blockchain-based games are superior to traditional games since in decentralized gaming the player has full ownership of their game assets which cannot be seized or altered by anybody.
The EMONT Alliance was recently joined by the Japanese blockchain game MyCryptoHeroes developed by double jump.tokyo.
Investing in Etheremon
The Etheremon game is fully released and operational but the interaction with players is an important part of the team’s strategy.
Before new releases, Etheremon organizes a small-scale token sale for their players to help fund the development of new in-game assets. This is easily possible since all in-game assets are Ethereum tokens.
- Learn about the mechanism of in-game asset token sales at medium.com/etheremon
In June 2018 there was a token sale where the new Adventure game sites were divided among players who paid for them in ETH. The incentive for the investment was a passive stream of income from the interaction of other players with the site, which as every in-game engagement mines EMONT tokens.
The Adventure game mode was developed during summer 2018 and successfully deployed in September 2018. There are plans to add more game sites in the months to come which may come with a similar opportunity.
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