Blockchain games are at the forefront of driving the crypto mass adoption. From Axie Infinity to STAR Atlas game there’s a flood of games launched in the market, luring players with the famous play-to-earn rewarding system.
Cryowar is a new entrant on the list. Set in a Sci-Fi Medieval game world, it’s a PVP (player versus player) game for multiplayer. Fueled by CWAR token and Unreal Engine, it aims to dominate the gaming space. Will it win? Let’s find the answer in this review –
Table of Contents
What is Cryowar?
Cryowar is a multiplayer PVP arena NFT game. Built on the Solana blockchain using Unreal Engine 4, Cryowar is a real-time game where players engage in a fierce battle in a Sci-Fi Medieval game world.
It’s a battle of skills where players are in a constant battle for resources, territories and world domination. Cryowar has a leaderboard where players can see their scores and the level they are in the game.
Cryowar will be released for PC, iOS & Android
The team aims to expand it into a cross-platform, multi-chain gaming platform that will be governed by DAO and a deflationary currency $CWAR, driving its ecosystem. As explained in the post on Nest Arcade app, the gaming industry is in a booming stage with 3 billion global users and revenue exceeding $300 billion, providing a big room for growth for the new games esp. in the blockchain segment.
PVP and PVE:
Cryowar is both, a PVP (Player vs Player) & PVE (Player vs Environment) game. Players have to engage in battles to retain leadership and territory control. The gameplay lets the user fight friends and enemies in different modes and maps.
F2P and P2E:
Similar to DeFi Land, which hosts an array of activities in two different modes, Cryowar will also host its game in two modes i.e Free-to-Play and Play-to-Earn where users can also play the game without having to pay for it in the Free-to-play mode.
If the user wishes to monetize his skills and earn $CWAR tokens as reward, he has to switch to the play-to-earn mode as we have in Axie Infinity game.
Short Play Sessions:
The game will host quick battles which will last for 3 minutes or less, allowing players to enjoy quick rounds without having to spare time out of their daily schedule. Here’s the list of matches, players should be ready for –
Cryowar will feature its in-game NFT marketplace for buyers and sellers who can trade in-game items like Hero skins etc.
As part of the game development, Cryowar will be migrating from Unreal Engine 4 to Unreal Engine 5
There are 3 game characters users can choose to play –
- A.C.S Heavy
Each of these characters has its own strength and weaknesses. They are equipped with different armoury and have a unique playstyle from long-range, defensive to close combat. More details on the game heroes can be read from the official website of the game.
Cryowar token or CWAR is the native utility token of the gaming ecosystem. It will have the following utilities –
CWAR will be the medium to buy or sell NFTs in the marketplace. Users need to transact using $CWAR tokens to purchase any in-game items from the marketplace. Cryowar token will also be used in minting new assets and staking.
Users can stake CWAR to earn staking rewards in the form of CWAR tokens. Since it is a deflationary currency, part of the tokens collected from transactional fees will be burnt to stabilize the gaming economy.
Moreover, CWAR will be the key source of decentralizing the platform using DAO. In order to promote a sustainable DAO 1,00,000 CWAR tokens will be minted to achieve a decentralized governance model.
The whitepaper has also mentioned a use case of token involving the purchase of NFT Land plots but hasn’t shared any plan on the execution part.
The total supply of CWAR tokens is capped at 1 billion. The token allocation is shared below –
The token has the following vesting schedule –
The token price in seed, private and public rounds are $0.014, $0.018 and $0.028
Revenue generated in the first two years will be completely used to develop the Cryowar ecosystem. Following is the planned token economy by the team –
Cryowar Crypto IDO:
CWAR token IDO was held in October 2021 on the Solanium Launchpad, offering tokens at a discount price of $0.028. The game has already profited the investors by generating 200x ROI after its listing on the exchange.
Cryowar Team Members:
Nikolai and Alessandro are the founders of the project. Nikolai is the current CEO and has over 15 years of experience in the hospitality industry while Alessandro is a game designer with 9 years of experience. You can find the details about the team members on the official website or on the Linkedin company page.
Cryowar Project Benefits:
CWAR is a deflationary currency that has returned over 200x ROI to IDO investors. Since its a deflationary currency, the supply will be reduced as the demand goes up which may help investors make profits from investing early in the token.
The game has battles that will last for 3 minutes or less. This makes the gameplay more efficient and less time-consuming which may attract non-gamers to the platform who usually don’t wish to invest much of their time playing games.
Cryowarriors, ⚔️— Cryowar (@CryowarDevs) August 27, 2022
Check out the new rebranded #Cryowar character selection and armory + menus and modes selections + buttons and icons. Coming straight from the exclusive #UE5 #gamescom gameplay! 📲#PvP #mobilegame pic.twitter.com/WRDtwqvkEX
The fast gameplay reminds me of Mortal Combat
The team will integrate a self-sustainable DAO which will help create a decentralized ecosystem where token holders can vote and decide the future direction of the project without any interference from a centralized authority.
Cryowar Project Drawbacks:
Blockchain gaming is emerging yet a competitive playing field. According to DappRadar, there’re over 500 blockchain gaming apps live and generating revenue. Once a player is engaged in one blockchain game and starts earning tokens, he rarely switches to another game. The industry is growing but Cryowar has to have a state-of-art platform to attract top gamers to its ecosystem.
Unclear Rewarding System:
The project has play-to-earn rewarding mechanism but it isn’t clear how the rewards are distributed i.e what will be the percentage APR for staking rewards if a player stake CWAR tokens on the platform. More clarity is required as the game develops.
Cryowar Token Price:
Please check the latest price of Cryowar token, shared below –
Cryowar Token Price Prediction:
CWAR was offered to the public at a sale price of $0.028 per token. Days after listing on the exchange it has returned over 200x ROI and reached an all-time high of around $4.75 in November 2021. The market crash has deteriorated the price action. As a result, the token is trading in the range between $0.25 – $0.40.
The price action and the fundaments are weak at the moment. The game is yet to be launched and the token is waiting to be listed on popular exchanges like Binance & Coinbase. Until then, the price action may decline further in value and may hit below $0.10. If the bulls are back, it’s possible to hit the previous high and target a value area of around $7.
How to buy Cryowar Token?
Cryowar tokens can be purchased from exchanges like KuCoin & Gate.io.
Is Cryowar a Good Investment?
The answer depends on which time horizon are we looking at. Cryowar isn’t a good investment in the short term. The price action is weak and the game is yet to be launched. When we look at the long term, Cryowar may turn out to be a valuable investment, given the condition that the game meets the expectations and there’re enough users driving its ecosystem.
This completes my review of Cryowar. In the next post, I will talk about Immutable X & Arweave. If you’re a fan of blockchain technology then do share this post on your social handles and educate everyone around you. Remember to subscribe to my YouTube channel for more informative content, released every week.
Cryptocurrency is a highly volatile market. All the information shared in the post is for knowledge purpose only. By no means, it’s financial or investment advice. Readers are responsible for their own investment decisions and should only invest in cryptocurrency after proper research.
Paras is a blockchain writer & video creator at Katoch Tubes. In his free time, he loves watching space exploration documentaries & Hollywood movies.