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Phil Hall
Phil Hall
Nov 20, 2021
News

My Neighbor Alice Sets Up $80 Million Game Development Grant

My Neighbor Alice created an $80 million grant for developers to tap into the Chromia ecosystem. Mines of Dalarnia also promotes the grant.
My Neighbor Alice Sets Up $80 Million Game Development Grant

My Neighbor Alice has created an $80 million grant for game developers to tap into the Chromia ecosystem. My Neighbor Alice works together with Chromia and Mines of Dalarnia to invite developers to add exciting game concepts to the ecosystem, adding things like interoperability.

The social building game My Neighbor Alice taps into the Chromia and Binance Smart Chain ecosystem. They've organized an alpha playtest, launched a minigame, and completed a bunch of NFT sales. At the same time Mines of Dalarnia has seen considerable success as well. The two projects now want to get other developers involved on Chromia as well, allowing them to build games in the My Neighbor Alice world or creating their own standalone games.

Whatever ideas developers may have, they want this $80 million grant to be about inclusion and connection. Different ecosystems that create synergies between each other, NFTs that players can use in multiple games, rewards for one game found in another, and so on. The Metaverse Grant Program needs to accelerate these types of developments in an effort to create a gaming metaverse that's more robust and resilient.

What is My Neighbor Alice?

My Neighbor Alice is a blockchain-powered multiplayer builder game. In the game players build their own virtual lands, do all kinds of daily and social activities, and earn rewards. Anyone can join the world by buying a piece of land, participate in farming, fishing, bug catching, beekeeping, and many other activities. There are quests players can do together, while others are more competitive.

Community Councils will govern the neighborhoods. This is basically a decentralized autonomous organization (DAO) where players can use their ALICE tokens to vote on certain decisions. Furthermore, the DAO will gain more power over time to distribute revenues for additional game development.

In an in-game marketplace, players can sell and buy different items and NFTs. Avatars allow for personalization, while character developments help them to unlock exclusive events and even rewards.

My Neighbor Alice plans to add DeFi elements to the game. NFTs will have collateral, making them more liquid and therefore economically useable. Each NFT gives a monthly interest for holding it, but token holders can also tap into the value.

A share of every NFT purchase will go into a collateral pool, and it’s tied to that particular NFT. If a user needs money, but there’s no buyer, they can lock their NFT and get the collateral instead. The NFT becomes locked and users then need to pay back the money in order to regain control over their digital assets.

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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