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Phil Hall
Phil Hall
Apr 12, 2021
News

Alien Worlds Activity Grows 10x in One Week

There's so much activity around the mining strategy game Alien Worlds, that its trading volume increased ten times in just one week.
Alien Worlds Activity Grows 10x in One Week

There's so much activity around the mining strategy game Alien Worlds on the Wax blockchain, that its trading volume increased ten times in just one week. According to data obtained by DappRadar the game had $2.62 million in trading volume, which was an increase of 1088% compared with the seven days before.

The amount of sales increased 200%, suggesting that the average price for an game NFT saw a 5x increase. In the past seven days there have been more than 22 thousand buyers and sellers, who made a total of 173 thousand trades. That's an average of 15 trades per individual, suggesting that high activity.

If you take a look on AtomicHub Marketplace, the abundant NFTs sell for a few cents. There's no cap on their availability. However, a common NFT is limited in supply. The cheapest ones have a starting price above $15. A rare NFT already costs $100, while an epic one costs $250.

Serious Alien Worlds hype

These numbers aren't that impressive when compared with the volume of CryptoPunks. However, the power of Alien Worlds is in the masses. On Twitter Alien Worlds announced that they've reached 150,000 unique wallets that have participated in their game since their launch in December 2020.

According to DappRadar the game has been responsible for 66,35 million transactions in the past 7 days alone. These transactions come from 137 thousand wallets. In the past seven days they've seen 173 thousand trades. That's more trading activity then NBA Top Shot, even though Alien Worlds stays behind on the transaction volume and number of users.

Tomorrow TLM trading will start

Players can also buy land inside Alien Worlds. One land piece used to cost a few hundred dollars, but the minimum price is now over $4,000. Landowners get a share of all TLM mining that takes place on their property. TLM in turn can be used to upgrade NFTs, or to stake for voting power.

After some days of liquidity farming, Binance will open up trading for TLM on Tuesday at 6AM UTC. According to Coingecko the TLM token is currently worth $5,94. However, 100% of the trading volume comes from a small exchange called MXC. It will be interesting to see what happens when trading opens up on Binance.

How to earn TLM?

Using NFTs players can increase their mining performance, earning TLM and increasing their chance to win more NFTs. Everybody can start mining for free, as you will receive an avatar and a shovel. However, you’d maximize your chances by acquiring items like a power drill, barrel digger or explosives to increase your yield.

Landowners get a commission on all the mining activity happening on their land. The standard rate is set to 20 percent, but some landowners are already lowering their rate to 10 percent. Owning land therefore provides passive income that fluctuates based on player activity.

There are different planets with different surfaces, and by mining players can discover Trilium (TLM). First players need to select a planet, and then the location where they want to mine. Last year we wrote an extensive guide about mining TLM. It’s a bit outdated in terms of NFT drop chances and TLM yield, however, the principles still apply.

What is Alien Worlds?

Alien Worlds is an exploration and mining game in which players can own land, use tools and weapons, customize their avatars, own rare artifacts and have minions to use in battles. The game world offers a full economy where players battle for resources and value.

Players in this game world earn Trilium (TLM). This is a cryptocurrency token that bridges the Wax and Ethereum blockchain, allowing the economies of both chains to merge into one. Players earn TLM through mining, and can spend the tokens on betters tools and weapons. Landowners can also airdrop their own custom NFTs to players.

Once you own quite some TLM, you can stake this on a planet and vote in planetary decisions through their decentralized autonomous organization, or DAO. Players and planets all battle for TLM, resulting in competition and collaboration on different fronts.

Ultimately Alien Worlds needs to become a 3D game where avatars roam planets using tools to mine Trilium. Through terraforming, players should even be able to create events and parties on their own lands. There’s also a PVP element to the game, titled the Thunderdome.

Check out our Alien Worlds Game Guide

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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