Topics GameFi

Cyber Arena (CAT): An Immersive AR & VR Fighting Game on Dogechain

Beginner
GameFi
Metaverse
web3
12 ĐŸĐșт. 2023 Đł.

More than $200 billion is spent on in-app purchases and gaming consoles each year, and the gaming industry continues to grow quickly, expanding into the crypto world through the development of the GameFi sphere.

However, most crypto games thus far have fallen below mainstream gamers' expectations. Web3 games are criticized for not being created with gamers in mind, focusing instead on the play-to-earn (P2E) aspect and turning the gameplay dull and repetitive. Additionally, their graphics are typically of poor quality, making them even more unappealing to avid gamers.

Now, Cyber Arena is reshaping the GameFi landscape as the world's first AR/VR fighting game to overcome the challenges of other P2E crypto gaming platforms.

Key Takeaways:

  • Cyber Arena is the next generation of cyber gaming, directly overcoming other web3 gaming platforms’ issues with poor graphics quality and mundane gameplay through its AR/VR integration and motion capture system.

  • Cyber Arena’s native token, CAT, drives its ecosystem, which operates on Dogechain.

What Is Cyber Arena?

Cyber Arena is an AR/VR metaverse fighting game that’s free for users and features play-to-earn rewards. One cool aspect of the 2.5D fighting game is that players can choose from 12 characters inspired by actual influencers in the crypto sphere, such as Satoshi Nakamoto, the mysterious Bitcoin founder, and Do Kwon, the infamous founder of the failed Terra/Luna crypto. These 12 available characters each have their unique combination of strengths and skills, with sleek movements generated through motion capture.

Players can choose to train their selected characters, experience individual storylines and pick a character to battle against others. Cyber Arena features intuitive functions and a minimal learning curve for new players. Both mobile and desktop versions of the game are available.

Cyber Arena characters.

Source: Cyber Arena

Cyber Arena Gameplay

Cyber Arena has four game modes: Story Mode, League Mode, Tournament Mode and Versus Mode. 

If you play Cyber Arena in Story Mode, you can progress through your chosen character's storyline. As you do, you may upgrade your character and achieve various goals. 

League Mode lets players progress through the ranking system in league divisions. Advancing the ranking system can yield trail rewards, CAT tokens and NFTs.

In Tournament Mode, you’ll select a Tournament Ticket, which grants you access to tournaments with up to 128 players in which you can win more Tournament Tickets and CAT tokens. The level of difficulty and rewards generated differ for each tournament. 

To play in Versus Mode, the player creates their own Fight Proposal and establishes criteria for the number of rounds, the wager value and the character level limit. Players can also participate in other players’ customized Fight Proposals.

Cyber Arena is a 2.5D fighting game with advanced AR/VR integrations. Through AR and VR integration, players can enjoy various virtual and augmented reality gaming modes, including VR arena battles, VR Co-op Mode, AR Spectator Mode and Interactive AR Storytelling.

One of the more popular features is the AR Training mode, which allows players to refine their skills in a realistic environment. VR Betting is also popular as it enables you to analyze a fighter's statistics before placing bets on the outcome of a fight.

What Is Cyber Arena Token (CAT)?

The native token of Cyber Arena, CAT, resides on Dogechain. CAT serves as the game token of Cyber Arena and plays a pivotal role in the platform's economic system. Players can earn their tokens through gameplay, such as by participating in tournaments, and can also stake CAT tokens to secure a spot on the game leadership board.

The CAT token's value is established and supported through locks, burns, buybacks and liquidity incentives. In addition, gamers pay various fees in the game, which also help drive the token's value growth. For instance, NFT trades on the Cyber Market are subject to a 2.5% fee. Artists who make skins, characters and arenas can also offer their 3D work for sale to game players. The platform collects a 30% fee from these purchases. In tournaments, Cyber Arena claims 5% of the fees added to the tournament's pool. For users who stake their CAT tokens, a 2.5% fee is taken.

As of Oct 12, 2023, the circulating supply of CAT is 677.5 million, and the total and maximum supply is five billion, distributed as shown in the figure below.

CAT Tokenomics.

Source: Cyber Arena

What Is CAT Used For?

CAT tokens are used extensively in Cyber Arena gameplay as in-game tokens. For example, you can use CAT tokens to make in-game purchases to improve your characters, enhance skills and more. Players can stake CAT to earn additional rewards while playing in various game modes. Rewards for tournament prizes are also paid in CAT tokens. Trading NFTs in Cyber Arena comes with a 2.5% fee that’s payable in CAT tokens, and CAT token stakers may be eligible for a discount. Those who hold CAT can also participate in governance and help steer the future development of the platform.

Where to Buy CAT

The CAT token’s value is currently very affordable, making it easy for investors and gamers alike to get involved in the project in its infancy. The token’s value hinges on increased fee collections, and the popularity of this AR and VR fighting game is expected to grow significantly in the years to come.

You can get started with the Cyber Arena metaverse by purchasing CAT tokens on Bybit as a Spot pair (CAT/USDT), which can also be traded with the Spot Grid bot. Two exciting prize pool events that run from Oct 5 to Oct 20, 2023 could help you put even more CAT tokens in your crypto wallet.

The first event, exclusive to new users, lets you deposit CAT to earn 20 USDT from a 50,000 prize pool. Simply sign up for a Bybit account and deposit 100 USDT worth of CAT. Alternatively, make a 100 USDT initial deposit in your new Bybit account and buy any amount of CAT as your first trade.

The second event, open to all, lets you trade to earn 10 USDT from a 50,000 prize pool. You’ll need to spot trade at least 200 USDT worth of CAT to be eligible.

Closing Thoughts

Many web3 gaming projects struggle to captivate gamers due to shortcomings in game design and graphics. Cyber Arena is revolutionizing the industry with its innovative implementation of AR/VR and motion capture, resulting in a highly realistic and immersive fighting game. 

Cyber Arena’s four distinct game modes give players diverse options to enjoy the game as they prefer, whether it's drilling their characters in League Mode or battling in tournaments. Crypto enthusiasts will also appreciate the inclusion of characters based on real-life crypto figures. The ability to appeal to both mainstream and web3 gamers positions Cyber Arena at the forefront of the budding GameFi space.

#Bybit #TheCryptoArk