Natural Staking has just been introduced as a concept demonstrated by gamers in the mythical ecosystem. This concept was developed to help gamers holding tokens in-game experience the benefits it offers. 

This initiative was primarily driven by a desire to obtain the innate value added to the gameplay by these tokens. However, other secondary desires included direct financial gains. Rather than withdrawing these tokens, users can now keep a balance in-game for future purchases. And this is to further improve their continued participation in the game. 

The team decided to take a step further by illustrating the natural staking effect with real data. Gamers were observed to have stepped into NFL Rivals with no prior understanding of Web3 or blockchain.  In the process, these players were noticed to have started purchasing in-game virtual currencies. This, in a bid to buy game assets and build their teams. This further progressed with the daily and weekly events as each player upgraded their teams to be more powerful. 

Additionally, most players were found using fiat currencies to buy digital assets in the secondary market. However, these fiat currencies are exchanged for the native MYTH via a licensed third party entity. The MYTH tokens were then utilized on the blockchain to securely record and complete transactions. With the use of the MYTH tokens, players have been able to trade, access items they have been lacking and augment their team rosters. 

Utility Tokens in Crypto Projects

A lot of blockchain projects have been struggling with the challenge of developing genuine value for utility tokens. While these tokens promise value, they end up being used as speculative assets and bought for profit making. In a bid to address this issue, various blockchain projects have resorted to creating artificial utility. These utility mechanisms include staking to incentivize long term token holding. However, they may fall short of enhancing gameplay and benefiting users.