Doesn’t it seem like every NFT project is promising a game, a token or both? It’s hard to know whether these projects will have short-term or long-term value. In most cases, it’s hard to pinpoint exactly how tokens will be used. What we do know is that game development takes time, sometimes three to five years. Patience is the name of the game.
In this space, the earlier you are the greater the reward. Here’s a list of five undervalued tokens that I think people are sleeping on. Never financial advice, of course, just some insight into the tokens I’m currently holding and why I think they are hidden gems.
Project: MetaHero UniverseCompany: Pixel VaultPrice Chart: DexToken Address: 0x43Ab765ee05075d78AD8aa79dcb1978CA3079258
MetaHero Universe is a first-person shooter game on the blockchain being developed by Pixel Vault (which is on its way to being one of the biggest NFT-born gaming studios in the space).
To give a bit of background, Pixel Vault was started by Sean Gearin (GFunk), Beanie and Preston Johnson (Sports Cheetah). They created PUNKS Comic, an NFT project that was based off 16 Crypto Punks that the team owned. In addition to having the ability to get one of the NFTs in physical form, the utility of the NFT was that you’d be able to stake the comic for fractionalized $PUNKS tokens.
Let’s be honest. If we knew they were planning to build out a whole ecosystem beyond just the comic, the original mint wouldn’t have taken a month to sell-out.
After the comic sold out and the team had the capital they needed, an announcement was made that MetaHero Universe would be Pixel Vault’s newest venture.
Buzz started to build when avatars, created by the talented Chris Wahl, surfaced. It’s important to consider the context in which this tease was released. It came after projects like Bored Ape Yacht Club and Gutter Cat Gang. A time when the NFT community really didn’t have a superhero project to rally behind. It can be said that this was the first Web3 team to breathe life into superhero lore through game theory and take it to the next level.
Pixel Vault decided to give exclusive access for Punks Comic #1 holders to mint a MetaHero Mint Pass for .08 ETH. Originally, they planned to have a public sale for any of the unclaimed passes but decided to alter course.
Cores are special as they are being featured in their own comic (#3 after the recent release of Ape Madness) and have non-exclusive revocable commercial rights (you don’t own the IP). For Core holders, this potentially comes with royalty sharing and further perks that are yet to be announced.
Now that you have a good understanding of the path Pixel Vault took to get MetaHero Universe to where it is today, are you bullish? If not, well let me bring your attention to why I think $POW is highly undervalued.
For starters, MetaHero Identity NFTs can be staked for $POW at a rate of 150 tokens per day, 4,500 per 30 days. At the price of .27 cents, each MetaHero Identity would earn $1,080 per month. If the market cap of $POW were to match that of Axie Infinity and the $AXS token, you’d be earning over $20,000 worth of $POW per month. The current token allocation for the identities is set for 6 months, meaning after those 6 months, staking goes into Phase 2 (details to come). The only thing we know for sure is that $POW will be used for in-game performance boosts. Twitter user @bavragor94 created a useful website that gives a better look at $POW.
Pixel Vault has made some incredible partnerships. They signed with WME, the longest-running talent agency. Clients include Ben Affleck, Zac Efron, Jennifer Garner and more. Comic #2 is reflective of their partnership with adidas, which also includes the adidas: Into the Metaverse NFT featuring gmoney and Bored Ape Yacht Club.
The MetaHero Universe “AAA” game isn’t going to be fully released for a few years but Pixel Vault always spruces things up. What I’ve learned from working with Pixel Vault on Comic #2 Ape Madness and being a Pixel Vault holder, is that you bet on a team that delivers. Comicman, and everyone at Pixel Vault, continues to deliver time and time again.
Project: Guild of GuardiansDeveloper: Stepico Platform: Immutable XToken Address: 0x9AB7bb7FdC60f4357ECFef43986818A2A3569c62
If you haven’t heard about Guild of Guardians (GoG) before reading this, you’re still early. This mobile game aspires to be an AAA title and a household name. They’ve spent the last year building a robust multiplayer, fantasy action RPG game where you’ll get to work together as a guild. In my opinion, Guild of Guardians (GoG) will be the flagship project of Immutable X (an Ethereum layer 2).
Immutable X is a blockchain gaming start-up company that is extremely well funded. It has another big play-to-earn title in Gods Unchained and, most recently, Gary Vee’s Book Games joined the platform. The more eyes on Immutable X, the more eyes on Guild of Guardians.
The team has dropped gems ($GOG tokens) to users who purchased in their previous founder asset sales. The token came out just under $3 and has hovered closer to $1.30 since stabilising. While the token hasn’t moved significantly in price, the GoG assets have all gone up.
The GoG team also did a holiday cheer drop giving out 10,000 avatars to the community. The distribution is incredibly high as it was one per account that met the requirements for the drop. I’ve been talking about Guild of Guardians a fair bit on the Shot2TheMoon podcast and on my Twitter feed. Their avatars were looking juiced when the floor dropped all the way down to .03 ETH, so I purchased a handful of them. A few days later they are now above .06 ETH.
A tool was created to see the trait breakdown and I noticed that the second rarest character type for the avatars was the demon trait, which is */100. I bought one when the floor was .5 floor, it’s now 1.47 and looks like it could move quickly with a few sales.
Podcast Alert
I’m starting a bi-weekly series called Into the Guild with Nick from the GoG team. I’m guessing an announcement for staking will happen as a lot of gaming projects are going that route. I expect this token to really pick up steam as this team has been developing the game for over a year and have been top notch in everything they do.
Project: Wolf GameToken Address: 0x8355DBE8B0e275ABAd27eB843F3eaF3FC855e525
$WOOL is the currency of Wolf Game (WG), a risk protocol game where your NFT can steal other NFTs. The original mint for Wolf Game was 10,000 Gen 0 mints at .069420 ETH. There was supposed to be 40,000 Gen 1 NFTs that were to be minted by farming $WOOL and spending it but the game had some coding issues. We saw an entire wave of clone projects that copied what Wolf Game had but many never lived up to the excitement, hype or demand that Wolf Game created.
Below is a breakdown from their website about how Wolf Game plays out.
The Shepard is the anonymous character that is the voice of everything Wolf Game. The WG community is one of the strongest in the NFT space and one of the most fun events you can be a part of (for free) is the relic auctions they host. Every GIF you see that the Shepard posts ends up going for auction. The auction is done with a live auctioneer in the Wolf Game Discord and $WOOL is the currency used to bid and it’s wool that’s used to purchase these relics.
You may notice a familiar name supporting this project. Beanie has been very woolish on WG.
The community has built useful tools around the project and recently made a marketplace showing what could be done if wool was the universal currency for everything, replacing Ethereum.
Wolf Game has some incredibly dedicated community members with the Shepard having visions of making the token deflationary and apparently talks of an interim staking game are happening. This leads me to believe that the full game may be a fair bit away. Either way, if deflationary gaming tokens are the game, Wolf Game is the name.
Company: UmbriaToken Address: 0xa4bbe66f151b22b167127c770016b15ff97dd35cImportant Note: Umbria is a sponsor of The Schillerverse.
Interoperability is the name and Umbria is the game. They’ve recently launched the Narni Bridge which allows you to transfer assets from one blockchain to another 10 times faster and 10 times cheaper. This team continues to build and innovate. The bridge is currently available for the Polygon Mainnet and Ethereum Mainnet. With Binance Smart Chain, Avalanche, Fantom and Bitcoin bridging all coming Q1 2022, we’re going to see Umbria moon. (I mean, just look at 2022 Q4! Talk about SPICY!)
The developers at Umbria are working on an NFT project right now that will further enhance the value of $UMBR and take advantage of the Narni Bridge. This project is called Secret Sushi Bento Club. Curious? Pop in their Discord. If you stake their native token on their bridging pool, there’s no impermanent loss and you receive fees from any network bridging to ETH, including all the assets in the bridge (accruing ETH, Matic, wrapped Bitcoin, USDT, USDC and other assets that get added in time).
Umbria has three major protocols — A Cross-chain Asset Bridge, a Staking Pool and a Decentralised Exchange (DEX). The team has a lot in the works and I think this is a hidden gem.
Company: Bridge MutualToken Address: 0x725c263e32c72ddc3a19bea12c5a0479a81ee688
Bridge Mutual is a decentralised insurance provider. Interoperability AGAIN. The protocol requires no KYC and strives to be on every blockchain while offering insurance for every crypto asset it can. You can use Bridge Mutual to get coverage on contracts, stable coins and exchanges, whatever you want coverage for. Or if you’d rather provide coverage, you can buy coverage for those contracts, stable coins or exchanges if you trust and think those are safe.
Bridge Mutual has been hit with some delays that have greatly impacted the price, but it’s been consolidating for quite some time. They’re introducing a number of new features with their V2 upgrade which leverages portfolio(s), reinsurance pool, capital pool, shield mining, a BMI widget and a mobile version. To go a bit more in-depth on two of those, for shield mining allows users and projects the ability to increase a pool’s APY by providing extra tokens to a specific project’s coverage pool. Thus, any coverage provider would be more incentivised and accrue BMI, USDT and that project’s tokens in return. For the BMI widget, it allows projects and individuals the opportunity to sell cover policies through their own sites and channels. The commission is 5–15% of the premium paid by policy holders. Meaning, projects will be incentivised to push BMI. Some major partners of BMI include Uniswap, SushiSwap, Alchemix, KeeperDAO and AAVE. I imagine more partnerships are in the works.
They also intend to DAO the project and have token buy-backs as an option. (Is that a banger, or what?)
If Bridge Mutual were to reach the same market cap of Nexus Mutual, one of the current top insurance projects in the space, it’d be at a price of $11.21 (51.49x the current value).
There you have it!
I look forward to seeing how these tokens perform in 2022 and beyond. Whether you’re bullish or not, head to The Schillerverse Discord to chat about these tokens and so much more. I also encourage you to subscribe to our YouTube channel.
Peace, peace!
The Schiller
