Does Era7: Game of Truth have staying power, or is it a flash in the pan?

Oct. 2022, Vincy

Data Source: Footprint Analytics — Era7: Game of Truth Dashboard

Era7: Game of Truth is the latest GameFi title to see a burst of popularity. However, blockchain games usually come and go like the season with only a few having long-term sustainability. Is Era7 unique enough to offer the GameFi space something it hasn’t seen before?

Many features and mechanics of the project are similar to others, however the game has several elements worth noting, such as its integration of DeFi and GameFi, and in-game NFT marketplace.

What is Era7: Game of Truth?

Era7: Game of Truth is an NFT card battler deployed on the BNB Chain. Launched in March, it uses a groundbreaking approach to combining combat and strategy into standalone 3-minute games.

In the game, players buy NFT cards (Master Cards or Battle Cards) in the trading market to build their own deck and earn token ERA and GOT through PVE or PVP mode. In addition, the cards held by players will have different computing power according to the rarity, so as to realize passive mining income.

The art is inspired by TCGs such as Hearthstone and Magic: The Gathering, which have captured a loyal following with their card strategy mix. According to Footprint Analytics, the weekly retention rate of Era7 has remained above 50%.

*Footprint Analytics — *Era7 Weekly Retention

At the heart of the Era7 product is the GameFi and NFT-driven economy. Here’s how it works.

Era7 Basic Gameplay and Tokenomics

Basic gameplay

In Era7, players battle against each other on two 9x9 square battlefields. Both players draw random cards from their pre-built 30-card library and drag the cards into battle, draining the opponent’s health bar to win. The average game lasts about 3 minutes.

Screenshot source: Era7’s website

Game cards are divided into master cards, which are the main cards, and less important battle cards. Master cards cannot participate in the battles directly, but instead summon the battle cards. New Era7 players must purchase at least one main card, and they can obtain Era7 tokens through battles and summons.

Tokenomics

Era7 uses a dual currency model: ERA and GOT.

ERA is the governance token and it

Is earned through battles, community incentives, liquidity mining and airdrops
Can be used to trade Era7 cards, GOT or other in-game items
Can be used to participate in governance and voting
Is used to buy NFT cards, NFT boxes, and more on the marketplace

GOT is an in-game token which

Can be burned to buy NFT master cards
Can be burned to upgrade battle cards
Is used to trade cards on the market

Era7 How can multiple economic mechanisms be integrated to advantage?

Era7 differs from the Splinterlands card game in that it combines GameFi, NFT and DeFi to enrich the game ecosystem.

At the GameFi level, Era7’s simplicity allows more Web2 players to enter the game and profit from it. It also adopts a variety of tournament mechanisms such as league tournaments, ranking tournaments and World Cups, which enrich the entire game ecosystem.
On the NFT level, Era7 introduces master cards and battle cards, has a summoning limit, and adds synthesis and upgrade functions to effectively control the output of NFT and maintains a longer game vitality.
At the DeFi level, Era7 introduces pledging, liquidity mining features. For example, users holding a Battle Card can participate in daily arithmetic mining and receive a certain amount of ERA.

In addition, Era7 replaced P2E with the concept of W2E (Win2Earn), which is different from P2E. In P2E, players are encouraged to get actual revenue from the game. But W2E games emphasize more on gameplay, in which players can produce NFT assets or game props or equipment with specific meaning and collectible value during the game operation, and then put these assets into the secondary market for trading. In these ways, players can achieve the effect of “Win” in the game experience.

Era7 has its own NFT marketplace

Era7, like CryptoPunks and The Sandbox, has created its own trading marketplace. This makes it easy for players to buy and sell NFTs.

Judging by the trading volume over the past 30 days, the trading size of the Era7 exchange market is still very small.

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This piece is contributed by Footprint Analytics community.

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