# Tap Fantasy-Due Diligence Report 

**Published by:** [BitMetis](https://paragraph.com/@bitmetis/)
**Published on:** 2022-04-26
**URL:** https://paragraph.com/@bitmetis/tap-fantasy-due-diligence-report

## Content

Introductionis a GAMEFI + Metaverse product on the BSC chain. It is the metaverse version of the famous MMORPG blockchain game developed by HTML 5. Tap Fantasy Tap Fantasy is going to be one of the most user-friendly blockchain games with an open and healthy ecosystem. It is quickly becoming a leading platform for third-party designers and game developers, enabling them to participate in the development and creation of one of the top ACG GameFi + Metaverse projects on the planet! It aims to build the biggest Play2Earn NFT game on BSC! Of course, Tap Fantasy will develop it into a cross-chain playground. Gameplay The module of Tap Fantasy is diversified, which includes play to earn, free to play, design to earn, AI recommendation. In particular, Tap Fantasy has also developed a series of advanced core gameplay to achieve P2E principle. Play2Earn Auto Casual Battle When the player defeats the mobs in the way, the system will drop an unequal number of equipment, raw food, and power gems. Season Mode At the beginning of each new season, all-NFT items such as character level and equipment will be reset to zero within 90 days. World Boss Players must fight each other to get the boss designation. And players will receive Tap Tokens plus the key to the ultimate reward treasure box. Guild War GvG mode allows a guild to wage war against other guilds and earn points. Guilds can receive Tap tokens and Medals of Honor as rewards. Tokenomics Different from other games, there are 3 token economic systems in TAP. 3 Token In Tap Fantasy Gold token is a currency in Tap Fantasy. A Gold coin can be exchanged for USDT 10:1. It can be used to buy physical strength and tickets for daily expenses during gameplay. The gold coins in the game need to be recharged USDT to redeem. Gold Flow Magic Crystal(MC)——Play-to-Earn It is used to upgrade various NFT assets and it can be obtained by a player in play-to-earn. Each magic crystal delivers output that is rare. MC Flow TAP——Governance token Tap token is the most influencing currency in the Tap Fantasy Metaverse. The number of TAP tokens for the initial offering is 1 billion. It can be used to purchase NFT skins, magic crystals and NFT land on decentralized exchange. Only stronger players can get rare TAP tokens. Tap Flow About NFT NFT skins can enhance the hero's skills and change the hero's appearance. Every hero will have their NFT skin which is the prerequisite of Play2Earn. NFT skin can add 1 additional skill and be different from the others. In TAP FANTASY, there are more than 200 different NFT skins and the studio will launch new NFT Skins into the game every month. Players can gain NFT Skins by joining the events or opening the treasure chest of ELF merchants or purchasing in the marketplace. There are three ways to purchase the NFT skin: ● Tap Fantasy marketplace: There are 632 items (real-time) with the floor price of 22 BUSD Tap Fantasy Market FP At 21/April ● Binance NFT marketplace The floor price is around 29.9 USD and the total volume has reached $538800.31 Binance NFT Market Date At 26/April ● Bybit The floor price is $34.9 and the total volume is $4911.10K in Bybit where above 1k hold NFT skins. (Tap Fantasy ranks top collections on Bybit) Bybit Data at 21/April No matter which platform it is, the total number of all skin is constant and will have a unique identification code. The rarer the skin, the fewer the number.The rarity varies, and the intensity of the NFT skin boost skill varies. NFT skins are divided into four grades according to the rarity: R, SR, SSR, SP. Now let’s see them as follows. R, SR and SSR skin can be purchased in Tap Fantasy or the third-party marketplace. Here is a price contrast among different marketplaces. FP At Different Market There are more than 31485 items in Binance NFT market and 2.20K in Bybit. In addition, there are only 4 SSR NFT skins in Binance NFT and there is no R skin in Bybit. Therefore, according to the comparison of the floor prices of the three major platforms shown in the above figure, combined with the number of indicators, players can refer to the above content for further understanding. Next let's look at the highest level——SP skin SP Skin fter the NFT skin is upgraded to the full level, if the attributes meet the specified requirements, it will become a very rare SP skin. SP skins are hidden skins and can only be obtained with a small chance while upgrading the R or SR skins. The image and the voice of the original skin will be changed after upgrading to an SP skin. The probability of getting SP skin is only 1 / 1024, and it could only be triggered when intimacy reaches level 5. SP skin is hardly seen in the NFT market. Community SNS Media Followers Data At 21/April It is worth mentioning that the game is listed on Facebook and has a fan base in the process of playing the game. Over time, players have covered tap fantasy's entire community circle. Investors and Founders Tap Fantasy has raised millions of dollars, led by NGC Ventures and LD Capital, followed by YGG Sea, in-game, TITANS ventures etc,. Tap Fantasy Partners TF game team developed the project Tap Tap Fantasy which was officially released in 2019 and launched in Facebook Instant Games in April 2021 and it accumulated 20 million users worldwide for Tap Fantasy. Summary： 1. Free to play +AXIE's PLAY TO EARN module + Roblox's DESIGN TO EARN 2. Traditional page games will bring a part of the user base. With the launch of the beta alpha test, the operation team should also strive to transfer more previous page game user groups. 3. The price of the coin is stable and the audience's loyalty to the game is relatively high. In addition to the P2E concept enhancement of the three tokens, 40% of the tokens are used for mining pools. It can be seen that the future development prospects of the game are considerable and confident. 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 the metaverse. Real-time Data|Trending Events|Guides|Click-to-Earn Bounties Where to find us？ https://linktr.ee/bitmetis

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