Alpha Gold Digging》Abyss card game "minting 7,000 NFTs in a single day" ignited the market. Can it become the leader of Sonic ecosystem GameFi?

This article is machine translated
Show original

Under the leadership of DeFi pioneer Andre Conje, the rebranded Sonic (formerly Fantom) chain ecosystem is flourishing. BlockTempo previously introduced many Sonic chain projects in the "Alpha Mining Series", mostly covering the DeFi field. However, the Non-Fungible Token and GameFi domains on the Sonic chain are also quietly rising. Among them, the trading card game Abyss recently became a market focus.

What is Abyss?

Abyss is a trading card game (TCG) built on the Sonic ecosystem, which officially opened the first stage of "card minting" at 2 AM yesterday. The project's team is Taste Foundation, whose members come from 4 projects (TempleTechAI, Edenart, 204AI, and Keyko).

The team claims that Abyss uses AI to generate game environments, characters (cards), and narratives, so the cards players draw are unique 1 of 1.

How to Mint Cards?

After first entering Abyss, the game automatically generates a soul-bound NFT card for the player. Players need to prepare 7 S (about $4.5) to mint cards, and should prepare extra for gas fees. In the recent daily minting process, players must choose one of three options provided by the game, which will generate corresponding cards based on the player's choice, wait for an AI generation period, and then click "Reveal".

Subsequently, players can obtain their exclusive NFT card with a spiritual energy value between 1-100. The current secondary market pricing standard is: "Higher spiritual energy value means higher value."

The cards I drew in the past two days have "spiritual energy values" of 56 and 81, and the card names correspond to character names.

Note that each address can only mint 1 card per day.

Two-Stage Game Process

Abyss officially announced that the game process is divided into two stages: "Card Minting" and "Card Game":

  • First Stage (Card Minting): Players have 30 days to collect Abyss cards, with each address limited to one card per day. Players can freely trade cards on the secondary market. According to the official website, after the minting period ends, the player with the highest cumulative spiritual energy value will receive an official reward.
  • Second Stage (Card Game): In the second stage, Abyss will open more game modes using cards, though this stage is still in planning.

In the first stage, players can sell their minted cards on the NFT marketplace Paintswap. Currently, the floor price is 4 S (about $2.5), which means players might lose around 3 S (about $2) if they mint a low spiritual energy card.

Team Urgently Sets 100,000 Card Limit

After Abyss launched card minting yesterday, it attracted significant market attention. Many users even used multiple addresses to mint cards, causing the first-day card minting to exceed 7,000 cards. Since the official team didn't anticipate such high card demand, they temporarily suspended card minting last night.

Subsequently, the team announced that in the next 29 days, only 3,200 cards can be minted daily, with a total card limit of 100,000.

Conclusion

From a market perspective, Sonic remains an ecosystem of close market attention, and Abyss achieved over 7,000 mints yesterday, which has also raised community concerns:

  • Did the project team fail to properly plan for NFT minting volume?
  • With less than 29 days remaining, the game's second stage is still under development.

Although the community has many concerns, the author observes that the team is still actively responding in the community. Therefore, it remains on the potential observation list. If users are worried about the project's sustainability, they can wait for the second stage after 29 days and still purchase cards on the NFT secondary market.

BlockTempo Reminder: The crypto market narrative changes rapidly, and liquidity is affected by the overall economic environment. Under the current high uncertainty, investors should carefully assess token prices and project risks.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Followin logo