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Phil Hall
Phil Hall
Feb 8, 2021
News

Newly Launched DeFi Game Sells $54.000 Spaceship NFT

Gamified DeFi platform Cometh has sold a Sunriser spaceship NFT for 32.235 ETH, or more than 54 thousand dollars.
Newly Launched DeFi Game Sells $54.000 Spaceship NFT

Gamified DeFi platform Cometh has sold a Sunriser spaceship NFT for 32.235 ETH, or more than 54 thousand dollars. This is now the most expensive spaceship on the newly launched platform. It allows the owner to collect MUST tokens and earn yield by collecting asteroids in the Cometh game.

The auction for the spaceship NFT was a build-up to the launch of the gamified DeFi product Cometh. For some time users have been staking and collecting MUST tokens, earning them DUST. They can then spent these DUST credits on spaceship NFTs. The more credits someone has, the more expensive, rare and better the spaceship is.

Now that Cometh has launched on the Matic Network, players can use their spaceship NFTs. You control a spaceship, and you need to position it to mine tokens. Navigating the galaxy can be done by ‘linking up’ with other spaceships. When other players use your spaceship, you earn MUST.

The cheapest available spaceships on OpenSea cost 0.1 ETH. A pack of six drones costs 0.75 ETH on the marketplace.

What is Cometh?

Cometh is a space game, but above all it’s gamified DeFi product. They describe themselves as a ‘DeFi powered game with yield generating NFT’. Active players can mine MUST tokens using their spaceships. After that a share of all NFT sales will move back into the game as rewards from asteroids. 

Spaceship owners can also set a fee, that way other players need to pay to pull in yield. The default price to pull in yield is 0.01 MUST, and the minimum price is 0.001 MUST. On every pull, or yield attempt, you’ll pay a 5 percent fee. These fees will go back into new asteroids.

Every ship has unique characteristics. They can mine over a certain mining area, with a certain mining power. These two attributes determine the amount of resources you can gather. In addition each ship has a cooldown, which sets the waiting time between mining sessions. The developers of Cometh want to add extensions to the spaceships in the future, as players can to customize the radar, drill and machinery.

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