Author: @BitMetis | BitReport

Your Source of Reliable, Unbiased Research and Due Diligence

BitMetis Review：

Gameplay： Free-to-Play, Move-to-Earn, RPG

Tokenomics: $GENE & $KI Dual Token Mechanism, reasonable release cycle, nice TGE performance

NFT： Free Starter NFT, acceptable market performance

Community： Large fan base, not much engagement

Investor & Team： Established partnership with Animoca brands

Introduction

Powered by Solana, Genopets is the first Free-to-Play, Move-to-Earn RPG game that makes its players’ active lifestyle more fun and transforms their physical movement and cognitive exertion into in-game progression to upgrade and evolve their Genopet NFTs.

Gameplay

Move To Earn Mechanics

Genopets convert players’ real-life movement into XP to progress in-game. Nurture, battle, and evolve your Genopet NFT to increase its value with every step you take in real life then sell it on the marketplace to reap the rewards.

Free-to-Play

Summon the Genopet NFT for free and start earning XP which can be used to customize, evolve, and prepare the Genopets for battle. Once leveled up, the Genopets can be sold in a marketplace. The earnings can be used to buy a habitat to evolve faster and earn more with an even better Genopet next time.

Pay-to-Play

To accelerate the gameplay, players can purchase a Habitat to speed up the evolution of the Genopets, craft Refined Crystals, and unlock the continuous $KI token earning daily in addition to XP.

Tokenomics: Dual Token Mechanism

The economic system of Genoverse is comprised of two tokens: $GENE and $KI.

$GENE

GENE Token is a governance and staking token that represents the value of the Genopets game as a whole and is used to craft in-game NFTs. GENE holders gain access to exclusive peaks at new content, have a voice in in-game design, and can participate in special community perks like airdrops.

$GENE was sold at $0.8 / token at its IDO. The token price reached its peak around 2 weeks after the token sale, $37.79/token. Since then, it has been dropping slowly but continuously until it hit the bottom, $5.3/token. However, recently, the price had seen a rise again at around $14.85, which is still 60.71% below the all-time high.

$KI

$KI token is a fungible in-game reward token that you earn when you purchase a Habitat. Use $KI to evolve your Genopet, alchemize crystals, generate new Habitats, and battle other players. This token is still under development, and the allocation of the reward token hasn’t been released.

NFT Introduction

Genopets

A Genopet is a generative NFT that evolves, can be upgraded, and customized as you level up in the game. Over time, it will increase in value as you invest time and effort to augment its type, battle performance, and aesthetics. A Genopet evolves with XP, and its evolution is guided and accelerated using Refined Crystals.

Genopets is a collection of 3218 NFT which was minted on Nov 30, 2021 at the price of 1 SOL. The current floor price is 34 SOL ($3009) on Opensea, with a total sale volume of 26,200 SOL($2,318,700). 

Refined Crystals

Refined Crystals are non-fungible tokens that you craft using $GENE and $KI to direct the evolution of a Genopet. Refined Crystals come in many forms and each plays a unique part in affecting your pet’s evolution. For instance, use a Fire Gene Crystal during evolution to change your Genopet’s elemental Genotype to Fire and grant it a blazing appearance and Fire attack moves.

 On Magic Eden, the floor price of the refined crystals is the lowest, which is set at 3.9 SOL ($345.15), and the total volume sold is 14500.56 SOL ($1,283,250).

Habitat

A Habitat is where your Genopet lives and evolves. Habitats are procedurally generated non-fungible tokens you purchase through the Genopets Marketplace or craft using $GENE, $KI, and Gene Crystals. In addition, Habitats boost your XP, unlock your ability to craft Refined Crystals directly, and earn you daily $KI.

On the secondary markets, buyers can choose to pick up an already revealed Habitat or open a Mystery Box. The low range cost for Habitats currently sits at about 18 SOL. Picking up all five of the Refined Elements to craft one would cost about 20 SOL. There are five elemental types to the habitats. Fire Habitats’ floor price is the highest. Now, the whole volume sold is at 21,852.2 SOL($1,933,919.7), the average sale price for the last 24 hours was 29.12 SOL($2577.12).

Community

The community-scale of Genoverse is quite notable. The team will also hold many giveaway events to keep the community active. Compared to the number of their members, however, the communities are not that active.

Investors and Team

  There was much team-related information released by the official. Here is the list of investors.

Author: @BitMetis | BitReport

Your Source of Reliable, Unbiased Research and Due Diligence

BitMetis Review：

Gameplay： Free-to-Play, Move-to-Earn, RPG

Tokenomics: $GENE & $KI Dual Token Mechanism, reasonable release cycle, nice TGE performance

NFT： Free Starter NFT, acceptable market performance

Community： Large fan base, not much engagement

Investor & Team： Established partnership with Animoca brands

Please Note: the above content analysis is only for Reference information, not as a basis for investment decision-making. Bitmetis and the author of the report will not be responsible for the user's investment results.

BitMetis

The world's first decentralized Game-Fi distribution platform.

We aim to build a bridge to connect every aspect of metaverse.

Real-time Data|Trending Events|Guides|Click-to-Earn Bounties

Where to find us？ Twitter：https://twitter.com/BitMetis Telegram：https://t.me/bitmetis_official Discord：https://discord.com/invite/pp6CBntccT YouTube：https://www.youtube.com/channel/UCCPexBnOwLnPrEFSsbKFYeA All Links：https://linktr.ee/bitmetis

Author: @BitMetis | BitReport

Your Source of Reliable, Unbiased Research and Due Diligence

BitMetis Review：

Gameplay： Free-to-Play, Move-to-Earn, RPG

Tokenomics: $GENE & $KI Dual Token Mechanism, reasonable release cycle, nice TGE performance

NFT： Free Starter NFT, acceptable market performance

Community： Large fan base, not much engagement

Investor & Team： Established partnership with Animoca brands

Introduction

Powered by Solana, Genopets is the first Free-to-Play, Move-to-Earn RPG game that makes its players’ active lifestyle more fun and transforms their physical movement and cognitive exertion into in-game progression to upgrade and evolve their Genopet NFTs.

Gameplay

Move To Earn Mechanics

Genopets convert players’ real-life movement into XP to progress in-game. Nurture, battle, and evolve your Genopet NFT to increase its value with every step you take in real life then sell it on the marketplace to reap the rewards.

Free-to-Play

Summon the Genopet NFT for free and start earning XP which can be used to customize, evolve, and prepare the Genopets for battle. Once leveled up, the Genopets can be sold in a marketplace. The earnings can be used to buy a habitat to evolve faster and earn more with an even better Genopet next time.

Pay-to-Play

To accelerate the gameplay, players can purchase a Habitat to speed up the evolution of the Genopets, craft Refined Crystals, and unlock the continuous $KI token earning daily in addition to XP.

Tokenomics: Dual Token Mechanism

The economic system of Genoverse is comprised of two tokens: $GENE and $KI.

$GENE

GENE Token is a governance and staking token that represents the value of the Genopets game as a whole and is used to craft in-game NFTs. GENE holders gain access to exclusive peaks at new content, have a voice in in-game design, and can participate in special community perks like airdrops.

$GENE was sold at $0.8 / token at its IDO. The token price reached its peak around 2 weeks after the token sale, $37.79/token. Since then, it has been dropping slowly but continuously until it hit the bottom, $5.3/token. However, recently, the price had seen a rise again at around $14.85, which is still 60.71% below the all-time high.

$KI

$KI token is a fungible in-game reward token that you earn when you purchase a Habitat. Use $KI to evolve your Genopet, alchemize crystals, generate new Habitats, and battle other players. This token is still under development, and the allocation of the reward token hasn’t been released.

NFT Introduction

Genopets

A Genopet is a generative NFT that evolves, can be upgraded, and customized as you level up in the game. Over time, it will increase in value as you invest time and effort to augment its type, battle performance, and aesthetics. A Genopet evolves with XP, and its evolution is guided and accelerated using Refined Crystals.

Genopets is a collection of 3218 NFT which was minted on Nov 30, 2021 at the price of 1 SOL. The current floor price is 34 SOL ($3009) on Opensea, with a total sale volume of 26,200 SOL($2,318,700). 

Refined Crystals

Refined Crystals are non-fungible tokens that you craft using $GENE and $KI to direct the evolution of a Genopet. Refined Crystals come in many forms and each plays a unique part in affecting your pet’s evolution. For instance, use a Fire Gene Crystal during evolution to change your Genopet’s elemental Genotype to Fire and grant it a blazing appearance and Fire attack moves.

 On Magic Eden, the floor price of the refined crystals is the lowest, which is set at 3.9 SOL ($345.15), and the total volume sold is 14500.56 SOL ($1,283,250).

Habitat

A Habitat is where your Genopet lives and evolves. Habitats are procedurally generated non-fungible tokens you purchase through the Genopets Marketplace or craft using $GENE, $KI, and Gene Crystals. In addition, Habitats boost your XP, unlock your ability to craft Refined Crystals directly, and earn you daily $KI.

On the secondary markets, buyers can choose to pick up an already revealed Habitat or open a Mystery Box. The low range cost for Habitats currently sits at about 18 SOL. Picking up all five of the Refined Elements to craft one would cost about 20 SOL. There are five elemental types to the habitats. Fire Habitats’ floor price is the highest. Now, the whole volume sold is at 21,852.2 SOL($1,933,919.7), the average sale price for the last 24 hours was 29.12 SOL($2577.12).

Community

The community-scale of Genoverse is quite notable. The team will also hold many giveaway events to keep the community active. Compared to the number of their members, however, the communities are not that active.

Investors and Team

  There was much team-related information released by the official. Here is the list of investors.

Author: @BitMetis | BitReport

Your Source of Reliable, Unbiased Research and Due Diligence

BitMetis Review：

Gameplay： Free-to-Play, Move-to-Earn, RPG

Tokenomics: $GENE & $KI Dual Token Mechanism, reasonable release cycle, nice TGE performance

NFT： Free Starter NFT, acceptable market performance

Community： Large fan base, not much engagement

Investor & Team： Established partnership with Animoca brands

Please Note: the above content analysis is only for Reference information, not as a basis for investment decision-making. Bitmetis and the author of the report will not be responsible for the user's investment results.

BitMetis

The world's first decentralized Game-Fi distribution platform.

We aim to build a bridge to connect every aspect of metaverse.

Real-time Data|Trending Events|Guides|Click-to-Earn Bounties

Where to find us？ Twitter：https://twitter.com/BitMetis Telegram：https://t.me/bitmetis_official Discord：https://discord.com/invite/pp6CBntccT YouTube：https://www.youtube.com/channel/UCCPexBnOwLnPrEFSsbKFYeA All Links：https://linktr.ee/bitmetis