StarSharks is an NFT-GameFi ecosystem based on the BNB chain. The game integrates different types of game mechanism and allows players to use the same character to enter the Shark-metaverse. StarSharks.Warriors, as its first game, is a turn-based card game. The sharks on the platform are NFTs that can be battled, raised, and synthesized. Designed for both newbies and experts, the game combines simple combat rules and skill mechanisms with exciting and challenging infinite strategy combinations.

The StarSharks.Warriors has two modes: PvE and PvP. Each player begins with six skill cards allotted randomly. Players can install the StarSharks.Warriors official version from the StarSharks homepage (Only Android version available now).

The team behind StarSharks is a talented team from Timi Studio Group, which has an entrepreneurial track record of making games that attract more than 1 million daily active users within 3 months. Through strategic investment, Star Sharks plans to attract more talent to join them in creating the next generation of blockchain games.

Based on the consideration of “team has deep gaming expertise and extensive product design experience”, Binance Labs makes the strategic investment in StarSharks to grow the BNB Ecosystem. After that, a 4.8 million private funding round was made by prominent investors like DAO Maker, Gate.io Labs, Kucoin Labs, YGG SEA and others. In the past three months, the game has generated over $10M in daily on-chain transaction revenue and the marketplace has facilitated over 38K daily active users.

Source: https://gametaverse.io/hubble/starsharks

From the chart above, we can see that both rentee and purchaser transaction volume are increasing very steadily.

Like the tokenomics of Axie Infinity, The economy of StarSharks is also powered by a sustainable dual-token economy system:

• SSS: The governance token that authorizes stakeholders the rights to share the value of the StarSharks metaverse IP via DAO and the rights to define the future of the StarSharks metaverse

• SEA: The game token for players to enjoy and build their own metaverse experience

SSS is the StarSharks governance token. The total supply of SSS is 100 million. Players and investors can get SSS via exchanges/swaps, winning the battles and getting a higher ranking in games, and contributions in community building and referrals. The team designed a “releasing-staking-recycling“ system to stabilize SSS value and to ensure its long-term value while constantly releasing new SSS to the market. The quantity of SSS to be released depends on the monthly revenue of the platform and floats within the set range with the specific quantity determined by given algorithms.

Source: StarSharks Official White Paper

SEA token is the in-game currency. Its issuance is unlimited, but the balance between its production and consumption is the prerequisite to the design of all the games on the platform as its stability is the cornerstone of the whole platform. The team will initially issue 100 million SEA tokens to create a trading pair on PancakeSwap and maintain token price stability. Subsequently players can only get SEA tokens from games.

Axie Infinity is the pioneer of play-to-earn, turn-based card games that incorporates non-fungible tokens (NFTs) and cryptocurrencies. Similar to Axie, players need to have 3 NFTs (Sharks) which can be purchased at the Market. After that, players can form a team of three to fight (either in PvE or PvP).

Of course there are many differences, like 3D design, multiple genres, community engagement, and referral system, but in my opinion, the most special and highlighted feature of StarSharks is the built-in NFT rental market, which allows players to easily and quickly organize guilds on the platform and rent NFTs to other players for P2E. This feature can fully activate the liquidity and utilization of NFT assets, and bridge the gap between NFT holders who don’t have time to play and active players who don’t have enough initial capital to purchase entry NFT.

Source: StarSharks Official White Paper

As of 10 March 2022, the game has over 38K unique daily active addresses holding over 141K Sharks with 80% of those addresses holding rental sharks other than purchase, to partake in in-game activity. The number of DAU has been on a steady increase, and much faster for rental than purchase. This is likely due to players being able to earn more rewards with less investment and less risk through rentals.

Source: https://gametaverse.io/hubble/starsharks

Source: https://gametaverse.io/hubble/starsharks

Source: https://dune.xyz/gametaverse/StarSharks-Gametaverse

A hybrid account means the player both buys and rents sharks, and it is the best strategy to earn. I will explain it in the next section.

Currently there are four strategies a player can use to earn: leasing sharks, playing by purchasing sharks, playing by renting sharks and playing by both purchasing and renting.

Leasing: buy sharks and rent them out. For example, the current floor price for a 1-star shark is $700 and daily rent is 14 SEA (around $22). A player can get their principal investment back in almost 31 days.

Playing by purchasing sharks: for example, if a player buys one 2-star shark and four 1-star sharks to form two teams, the investment will be around $4,500, but the player can get 20 SEA for daily task rewards, 52 SEA for Adventure Mode rewards and 22 SEA for Promotion Campaign Rewards, which gives the player total of 95 SEA ($150), the ROI (in days) is around 30 days as well.

Playing by renting sharks: for example, if a player can rent one 2-star shark and four 1-star sharks to form two teams, the total rent is 85 SEA. Similarly, the total rewards to the player after playing should be 95 SEA; therefore the daily profitis 10 SEA without any risk.

Playing with purchasing and renting: to be consistent with above examples, a player can buy one 2-star shark and rent four 1-star sharks to form two teams. The ROI (in days) is also around 30 days.

From the above discussion, we can conclude the “play by renting sharks” strategy is very suitable for small investors and newbies with almost no risk. That’s the reason why DAU is increasing so fast and over 80% of them are rentee accounts. Furthermore, many new players jumping into the game results in a deflation of the SEA token, since SEA token will be burnt after converting to NFT sharks.

Source: https://dune.xyz/gametaverse/StarSharks-Gametaverse

But here is a question: will those players keep playing in the long run or just play to test water? Let’s see the metric of User Active Days Distribution. From the chart below, we can see that most of the players are scoped in 1–3 days, excluding the players that just want to give a try, one important reason is due to the rewarding mechanism: the minimum requirement to claim SEA is 100 SEA and it takes 14 days to be able to claim the next batch. That’s to say, to avoid the 14-day waiting time, most of the players, be it a rentee or a purchaser, will play for 1–3 days to accumulate rewards to make more than 100 SEA and then transfer the NFT sharks to other addresses.

Source: https://gametaverse.io/hubble/starsharks

Let’s look at the days to be profitable for rentees and purchasers: compared to 1–2 days for rentees, it is more widely distributed for purchasers because purchasers are of different types, some are short profit chasers which prefer cheaper sharks and high ROIs, some the long term holders and collectors, short time profit is not of their highest interests. However we can see that even for purchasers, most of them can cover their spending in less than 40 days.

Source: https://gametaverse.io/hubble/starsharks

Since StarSharks is in a virtuous cycle currently: around 80% of players have made a profit so far, and most rentee players make a net profit of $20 per one wallet address.

Source: https://gametaverse.io/hubble/starsharks

Axie Infinity is the pioneer in the blockchain gaming space. StarSharks is trying to offer more fun in gameplay and introduce the built-in rental market to balance the risk and investment return. Upcoming updates will unlock new mechanics and features, such as raising simulation, land, and shark racing, which will take the game to the next level. Will StarSharks lead the way into the GameFi 2.0 era and accelerate growth of the whole gaming economy in the future? We will have to wait and see how that develops.

StarSharks is an NFT-GameFi ecosystem based on the BNB chain. The game integrates different types of game mechanism and allows players to use the same character to enter the Shark-metaverse. StarSharks.Warriors, as its first game, is a turn-based card game. The sharks on the platform are NFTs that can be battled, raised, and synthesized. Designed for both newbies and experts, the game combines simple combat rules and skill mechanisms with exciting and challenging infinite strategy combinations.

The StarSharks.Warriors has two modes: PvE and PvP. Each player begins with six skill cards allotted randomly. Players can install the StarSharks.Warriors official version from the StarSharks homepage (Only Android version available now).

The team behind StarSharks is a talented team from Timi Studio Group, which has an entrepreneurial track record of making games that attract more than 1 million daily active users within 3 months. Through strategic investment, Star Sharks plans to attract more talent to join them in creating the next generation of blockchain games.

Based on the consideration of “team has deep gaming expertise and extensive product design experience”, Binance Labs makes the strategic investment in StarSharks to grow the BNB Ecosystem. After that, a 4.8 million private funding round was made by prominent investors like DAO Maker, Gate.io Labs, Kucoin Labs, YGG SEA and others. In the past three months, the game has generated over $10M in daily on-chain transaction revenue and the marketplace has facilitated over 38K daily active users.

Source: https://gametaverse.io/hubble/starsharks

From the chart above, we can see that both rentee and purchaser transaction volume are increasing very steadily.

Like the tokenomics of Axie Infinity, The economy of StarSharks is also powered by a sustainable dual-token economy system:

• SSS: The governance token that authorizes stakeholders the rights to share the value of the StarSharks metaverse IP via DAO and the rights to define the future of the StarSharks metaverse

• SEA: The game token for players to enjoy and build their own metaverse experience

SSS is the StarSharks governance token. The total supply of SSS is 100 million. Players and investors can get SSS via exchanges/swaps, winning the battles and getting a higher ranking in games, and contributions in community building and referrals. The team designed a “releasing-staking-recycling“ system to stabilize SSS value and to ensure its long-term value while constantly releasing new SSS to the market. The quantity of SSS to be released depends on the monthly revenue of the platform and floats within the set range with the specific quantity determined by given algorithms.

Source: StarSharks Official White Paper

SEA token is the in-game currency. Its issuance is unlimited, but the balance between its production and consumption is the prerequisite to the design of all the games on the platform as its stability is the cornerstone of the whole platform. The team will initially issue 100 million SEA tokens to create a trading pair on PancakeSwap and maintain token price stability. Subsequently players can only get SEA tokens from games.

Axie Infinity is the pioneer of play-to-earn, turn-based card games that incorporates non-fungible tokens (NFTs) and cryptocurrencies. Similar to Axie, players need to have 3 NFTs (Sharks) which can be purchased at the Market. After that, players can form a team of three to fight (either in PvE or PvP).

Of course there are many differences, like 3D design, multiple genres, community engagement, and referral system, but in my opinion, the most special and highlighted feature of StarSharks is the built-in NFT rental market, which allows players to easily and quickly organize guilds on the platform and rent NFTs to other players for P2E. This feature can fully activate the liquidity and utilization of NFT assets, and bridge the gap between NFT holders who don’t have time to play and active players who don’t have enough initial capital to purchase entry NFT.

Source: StarSharks Official White Paper

As of 10 March 2022, the game has over 38K unique daily active addresses holding over 141K Sharks with 80% of those addresses holding rental sharks other than purchase, to partake in in-game activity. The number of DAU has been on a steady increase, and much faster for rental than purchase. This is likely due to players being able to earn more rewards with less investment and less risk through rentals.

Source: https://gametaverse.io/hubble/starsharks

Source: https://gametaverse.io/hubble/starsharks

Source: https://dune.xyz/gametaverse/StarSharks-Gametaverse

A hybrid account means the player both buys and rents sharks, and it is the best strategy to earn. I will explain it in the next section.

Currently there are four strategies a player can use to earn: leasing sharks, playing by purchasing sharks, playing by renting sharks and playing by both purchasing and renting.

Leasing: buy sharks and rent them out. For example, the current floor price for a 1-star shark is $700 and daily rent is 14 SEA (around $22). A player can get their principal investment back in almost 31 days.

Playing by purchasing sharks: for example, if a player buys one 2-star shark and four 1-star sharks to form two teams, the investment will be around $4,500, but the player can get 20 SEA for daily task rewards, 52 SEA for Adventure Mode rewards and 22 SEA for Promotion Campaign Rewards, which gives the player total of 95 SEA ($150), the ROI (in days) is around 30 days as well.

Playing by renting sharks: for example, if a player can rent one 2-star shark and four 1-star sharks to form two teams, the total rent is 85 SEA. Similarly, the total rewards to the player after playing should be 95 SEA; therefore the daily profitis 10 SEA without any risk.

Playing with purchasing and renting: to be consistent with above examples, a player can buy one 2-star shark and rent four 1-star sharks to form two teams. The ROI (in days) is also around 30 days.

From the above discussion, we can conclude the “play by renting sharks” strategy is very suitable for small investors and newbies with almost no risk. That’s the reason why DAU is increasing so fast and over 80% of them are rentee accounts. Furthermore, many new players jumping into the game results in a deflation of the SEA token, since SEA token will be burnt after converting to NFT sharks.

Source: https://dune.xyz/gametaverse/StarSharks-Gametaverse

But here is a question: will those players keep playing in the long run or just play to test water? Let’s see the metric of User Active Days Distribution. From the chart below, we can see that most of the players are scoped in 1–3 days, excluding the players that just want to give a try, one important reason is due to the rewarding mechanism: the minimum requirement to claim SEA is 100 SEA and it takes 14 days to be able to claim the next batch. That’s to say, to avoid the 14-day waiting time, most of the players, be it a rentee or a purchaser, will play for 1–3 days to accumulate rewards to make more than 100 SEA and then transfer the NFT sharks to other addresses.

Source: https://gametaverse.io/hubble/starsharks

Let’s look at the days to be profitable for rentees and purchasers: compared to 1–2 days for rentees, it is more widely distributed for purchasers because purchasers are of different types, some are short profit chasers which prefer cheaper sharks and high ROIs, some the long term holders and collectors, short time profit is not of their highest interests. However we can see that even for purchasers, most of them can cover their spending in less than 40 days.

Source: https://gametaverse.io/hubble/starsharks

Since StarSharks is in a virtuous cycle currently: around 80% of players have made a profit so far, and most rentee players make a net profit of $20 per one wallet address.

Source: https://gametaverse.io/hubble/starsharks

Axie Infinity is the pioneer in the blockchain gaming space. StarSharks is trying to offer more fun in gameplay and introduce the built-in rental market to balance the risk and investment return. Upcoming updates will unlock new mechanics and features, such as raising simulation, land, and shark racing, which will take the game to the next level. Will StarSharks lead the way into the GameFi 2.0 era and accelerate growth of the whole gaming economy in the future? We will have to wait and see how that develops.