HYTOPIA Crypto Game Overview and TOPIA Token Price Analysis

8 months ago 146

In this article, we’ll footwear things disconnected by exploring the HYTOPIA crypto game. From there, we’ll dive into the ins and outs of the TOPIA crypto token. Lastly, to apical things off, we’ll amusement you however to analyse and bargain the token utilizing Moralis Money - the eventual crypto volatility indicator

If this sounds intriguing, articulation america beneath arsenic we commencement by exploring the intricacies of the HYTOPIA ecosystem! 

What is HYTOPIA? Exploring the HYTOPIA Crypto Game 

HYTOPIA is simply a collaborative crypto video crippled formerly known arsenic NFT Worlds. You tin deliberation of HYTOPIA arsenic a level for aggregate antithetic games and worlds. The crippled is built by a assemblage of individuals who person agelong been astatine the forefront of Minecraft's third-party games and modding ecosystem. And the extremity of HYTOPIA is to go ”the adjacent Minecraft”. 

HYTOPIA is simply a level developed from the crushed up, and it takes inspiration from well-appreciated crippled mechanics that galore person travel to familiarize themselves with. Furthermore, HYTOPIA aims to code the gaps and limitations successful originative look that presently beryllium wrong the Minecraft ecosystem, each portion additionally modernizing the subordinate experience. 

The ngo of the HYTOPIA crypto crippled is to promote collaboration and innovation among a assemblage of contented creators, contributors, and players. In doing so, they anticipation to make an enchanting gaming acquisition that they consciousness Minecraft lacks owed to its limitations. 

To execute this, HYTOPIA plans to make a unified ecosystem of contributors, creators, and players by gathering a caller platform, game, and motor from scratch. As good arsenic integrating technology, resources, and the enactment the assemblage needs to make a wide scope of captivating gaming experiences! 

Notable HYTOPIA Features 

HYTOPIA has galore features, and below, we person summarized 7 of the astir salient ones: 

  • Free-to-Play: No accounts oregon crippled purchases are needed to play HYTOPIA.
  • Web and Desktop: It’s imaginable to play HYTOPIA successful your web browser oregon straight connected your PC.
  • Built from Scratch: The crippled is made from scratch utilizing RUST.
  • Community Features: With HYTOPIA’s assemblage features, you tin effortlessly play with your friends. 
  • Player Expression: The crippled besides features a cosmetic strategy players tin usage to explicit themselves. 
  • Creator-Centric: HYTOPIA is equipped with extended tooling, allowing developers and creators to physique without limitations. 
  • Backward Compatability: HYTOPIA lets users play their favourite Minecraft servers. 

The Vision of HYTOPIA 

The imaginativeness of HYTOPIA is to promote and ignite limitless imaginativeness by creating and empowering the adjacent divers planetary assemblage of players and creators. At the halfway of their vision, they judge that the technology, brand, and level should beryllium a spot wherever everyone tin thrive. 

HYTOPIA builds its tools and instauration with passion, and the players and creators bring the magic to life. What’s more, the enactment believes successful the values of contributor governance and adjacent reappraisal to actively signifier the aboriginal of HYTOPIA truthful that it tin payment everyone involved. They say, "HYTOPIA is ours, and unneurotic we propulsion the boundaries of what is possible”.

What are HYTOPIA Worlds? 

You tin deliberation of HYTOPIA arsenic an wide level for aggregate antithetic games. However, you can’t freely physique a crippled connected HYTOPIA without a HYTOPIA World. HYTOPIA Worlds are integer collectibles, and determination are 10,000 of them successful total. Put simply, a HYTOPIA World acts arsenic a summons for developers to physique games that are disposable and tin beryllium played by different HYTOPIA users. 

However, gathering a caller crippled isn’t each the inferior these integer collectibles offer. As such, let’s research a fewer much usage cases: 

  • Staking: It’s imaginable to involvement a HYTOPIA World successful instrumentality for a regular $TOPIA reward. 
  • Renting: Holders tin besides rent their HYTOPIA World for a monthly $TOPIA price.  
  • HYTOPIA Chain Access: Owning oregon renting a HYTOPIA World allows the developer to deploy astute contracts connected the HYTOPIA Chain.

What is the HYTOPIA Chain? 

The HYTOPIA concatenation is the instauration for the full ecosystem. It’s a blockchain web that supports the underlying infrastructure and powers each aspects of HYTOPIA. This includes crippled trading, ownership of integer assets, and overmuch more. What’s more, the HYTOPIA concatenation ensures that each the aforementioned processes are carried retired securely and successful a decentralized manner. 

The HYTOPIA Chain is simply a "semi-permissioned" blockchain wherever anyone tin transact, commercialized items, and interact with astute contracts. However, lone authorized assemblage members tin deploy caller astute contracts connected the network. This is by design, arsenic it helps heighten the information of the HYTOPIA Chain by removing the hazard of harmful astute declaration deployments. 

Moreover, the web is further secured via periodic checkpoints to the Ethereum and Polygon blockchain networks. 

What is the TOPIA Crypto Token? 

$TOPIA is the in-game cryptocurrency for the HYTOPIA ecosystem. It enables transactions betwixt players, antithetic games, and different interactions. It lone has a full proviso of 5 cardinal tokens, which helps support the ecosystem unchangeable and provides an incentive-driven level for some creators and players.

We’ll dive deeper into the TOPIA token successful the pursuing 2 sections. In doing so, we’ll research its tokenomics and intimately analyse immoderate captious usage cases of the TOPIA crypto. If this sounds intriguing, articulation america arsenic we footwear things disconnected by exploring the TOPIA crypto tokenomics! 

Tokenomics 

The cardinal information for the TOPIA token is to support an incentive-driven and unchangeable level for players and creators. It has a capped proviso of 5 cardinal $TOPIA, which is allocated arsenic follows: 

  • 35% satellite staking
  • 24% play-to-earn faucet, grants, and CEX
  • 20% team
  • 10% satellite owners claim
  • 10% $LP-TOPIA staking
  • 1% avatar staking

Use Cases of the TOPIA Token 

There are aggregate usage cases for the TOPIA token, and below, you’ll find 3 salient examples: 

  • Staking: The archetypal usage lawsuit is staking, which is utilized to region TOPIA tokens from the unfastened circulating supply. Doing truthful volition assistance stabilize the HYTOPIA in-game economics. In instrumentality for staking, users person loot boxes, cosmetic items, in-game titles, etc.  
  • In-Game Currency: The TOPIA token is chiefly the in-game currency of the HYTOPIA ecosystem. As such, it facilitates trades betwixt HYTOPIA Worlds and players.
  • Governance: Owning $TOPIA gives the holder the close to ballot connected proposals and suggestions for improving HYTOPIA. Moreover, by holding capable tokens, users tin adjacent make their ain proposals, which the assemblage tin ballot on. 

Full TOPIA Token Price Analysis 

The TOPIA token was minted connected May 17, 2023, and it’s, astatine the clip of writing, trading astatine astir $0.0355. It has an all-time precocious of $0.045 and a debased of $0.0186. Moreover, since the opening of August 2023, the token broke retired and experienced an awesome 150% terms rally successful lone 3 weeks. Down below, you’ll find a trading illustration showing the full terms past of the TOPIA token truthful far:

Now, volition the TOPIA token terms proceed connected this upward trajectory? Or has the model already closed? 

To reply these 2 questions, let’s concisely look astatine a TOPIA token terms prediction to item its potential! 

Stay up of the markets with real-time, on-chain information insights. Inform your trades with existent marketplace alpha!

$TOPIA Price Prediction

The terms of the TOPIA token is intimately tied to the HYTOPIA ecosystem. As such, it’s highly babelike connected the adoption, success, and continued improvement of the game. So, if HYTOPIA continues to grow, it’s apt that the TOPIA token terms volition follow. However, if HYTOPIA fails to spot accrued adoption, we’re besides apt to spot the terms of the TOPIA token drop. 

Nonetheless, determination are respective ways successful which you tin marque TOPIA token terms predictions. However, since this is simply a comparatively caller token, it’s rather challenging since we don’t person capable humanities data. 

But 1 mode to effort to gauge the imaginable of the TOPIA token is to comparison it to different akin project’s autochthonal currency. As such, let’s usage different blockchain-based crippled arsenic an example, and successful this case, we’ll usage Axie Infinity. 

To comparison HYTOPIA with Axie Infinity, let’s instrumentality the all-time precocious marketplace headdress of Axie Infinity and disagreement it by the full proviso of $TOPIA. Doing truthful gives america a terms of $1.95, which is the terms constituent of 1 TOPIA token if it reaches the aforesaid marketplace headdress arsenic Axie Infinity. If it manages to deed $1.95, the terms volition person accrued much than 50x! 

However, the TOPIA token terms prediction of $1.95 is, of course, highly speculative. And there’s nary warrant HYTOPIA volition turn to the aforesaid size arsenic Axie Infinity, which is 1 of the astir salient names successful the Web3-gaming industry. 

Should You Invest successful $TOPIA? 

Now, with a little terms prediction highlighting the imaginable of the TOPIA token, you mightiness beryllium asking yourself: "Should I put successful $TOPIA?".

We can’t springiness you a straightforward yes oregon nary reply to the question above. This has to bash with the information that we don’t cognize erstwhile you’re speechmaking this. Also, we’re not alert of your altcoin trading strategy oregon hazard tolerance. Consequently, lone you tin find whether oregon not you should put successful $TOPIA, which is wherefore we impulse you to proceed your ain research. And a large spot to commencement is to usage a blockchain analytics instrumentality similar Moralis Money

Moralis Money is an industry-leading crypto speedy scanner that leverages on-chain information successful existent time, giving your existent marketplace alpha. And if you didn’t know, on-chain enactment ever precedes terms action. As such, with this tool, you tin adequately probe the TOPIA token to find if it’s a suitable concern for you. 

All tokens featured connected Moralis Money person their ain dedicated token page. You’ll find trading charts, information information, alpha metrics, and much connected these pages. For instance, this is what the $TOPIA token leafage looks like: 

With the information successful the interactive widget above, you tin effortlessly determine if present is the close clip to put successful $TOPIA. For instance, by studying the alpha metrics, you tin spot however liquidity, nett experienced buyers, holders, etc., person changed implicit time. 

With this accusation from the $TOPIA token page, you tin present basal your concern decisions connected unbiased, irrefutable, on-chain information delivered to you successful existent time. As such, this is decidedly the champion and astir straightforward mode to find whether oregon not the TOPIA token is the close concern for you! 

Safest and Cheapest Way to Buy $TOPIA 

If you similar what you spot and determine to get the TOPIA crypto token, you should cognize that you tin bargain it straight via the Moralis Money token page. Let’s interruption down the process into 3 straightforward steps: 

  • Step 1: Visit the Moralis Money $TOPIA token leafage and link your Web3 wallet: 
  • Step 2: Select a trading pair: 
  • Step 3: Hit the ”Trade” fastener and motion the transaction: 

That’s it; erstwhile moving with Moralis Money’s crypto-swapping feature, you tin get immoderate token successful a heartbeat! 

Also, acknowledgment to the 1inch DEX aggregator, Moralis Money is capable to connection large prices and debased transaction fees. In fact, the utilization of this protocol makes Moralis Money 1 of the best ways to bargain crypto

Summary: The HYTOPIA Crypto Game and the TOPIA Token

In today’s article, we kicked things disconnected by exploring HYTOPIA. In doing so, we learned that HYTOPIA is simply a crypto crippled aiming to go ”the adjacent Minecraft”. Furthermore, astatine the halfway of the HYTOPIA ecosystem, you’ll find the autochthonal $TOPIA token. The TOPIA crypto token is HYTOPIA’s in-game currency, allowing players to transact with 1 another. 

In summation to exploring the HYTOPIA crypto crippled and the TOPIA token, we besides showed you however to analyse the second utilizing Moralis Money

Moralis Money is an industry-leading, on-chain trading indicator. This instrumentality leverages real-time blockchain data, presenting it successful a readable and understandable format. As such, with Moralis Money, you tin easy find, analyze, and swap up-and-coming crypto, making this level the eventual one-stop store for crypto traders! 

Also, did you cognize that you tin supercharge the features of Moralis Money by subscribing to the Moralis Money Pro plan? Doing truthful gives you entree to the best crypto whale tracker, premium education, a backstage Discord server, and overmuch more: 

Furthermore, if you liked this article, see checking retired immoderate further contented present astatine Moralis Money. For instance, work up connected the OX coin, DOBO coin, oregon ESPR token

Read Entire Article
Hotscript.co