Fri, December 20

Planetarium Labs Announces Pilot Version of Prelude to Guild War That Kicks off With Arena Season 3 on Heimdall Chain

News
  • Guild War that takes place during the Heimdall Chain Arena Season 3 involves 5 – 10 members in each Guild.
  • The final Guild ranking will be determined based on the total Arena points of the top 5 ranking members.
  • The Nine Chronicles team will send the rewards to one address appointed by the Guild members who will distribute the prizes accordingly.

Planetarium Labs, a community-driven Web3 company focused on building moddable and super immersive gaming experiences, has been at the forefront of enabling global economic freedom through the mass adoption of digital assets. Having raised $32 million in its Series A funding round led by Animoca Brands in 2022, Planetarium Labs made significant progress in 2023 to attract more global Web3 gamers. 

Planetarium Labs’ team led by co-founder and CEO JC Kim, has just unveiled the much-awaited mobile version of its flagship product dubbed Nine Chronicles M. Additionally, the company now has two blockchains – the Heimdall Chain and Odin Chain – that operate parallel to each other to ensure a smooth running of the immersive and decentralized gaming platforms.

Meanwhile, the company has partnered with dozens of gamify-oriented entities including Ring Games to ensure a seamless adoption of its gaming products on different platforms including mobile devices, PCs, and gaming consoles. 

Prelude to Guild War: Heimdall Arena Season 3

In a bid to keep the gaming community engaged and incentivized, Planetarium Labs announced its pilot Guild content via ‘Prelude to Guild War’ which will be held during the Heimdall Chain Arena Season 3. More than 50 Guilds signed up for the Guild event and they will be competing against each other to secure the leading position. The final ranking will be based on the cumulative Arena points of the leading 5 members from each Guild, with the highest individual Arena ranking serving as the tiebreaker.

Worth noting that the Nine Chronicles team will give the respective Guild War teams a chance to distribute their rewards. As for the rewards, the Nine Chronicles team has set aside a 150k NCG reward pool for Heimdall Arena Season 3 and an additional 200k NCG for the Guild War reward pool. NCG is an in-game currency that can be swapped to WNCG, the ERC20 token available across various exchanges. 

Closer Look at the Guild War Registration Process

For every Guild War team, the company received each member’s character name, 9c address, character address, and Discord username in a Google sheet that highlights the group’s leader (Guild Master) who will handle the communications. Notably, the Guild members were also expected to submit a name for their group that is fun and cool but not containing any discriminatory content, shocking, violent, or hateful vibe. Additionally, the Guild members were expected to submit a simple slogan that expresses the team at its best. For players who did not get a chance to participate in the Guild Master, there will be some voting events and side-events to encourage participation across the entire community. 

Market Picture and Implication

The Nine Chronicles gaming series, a fully decentralized open-sourced RPG game available on several blockchains, has grown into a mature ecosystem with more than 38,240 Unique Active Wallets (UAW). The gaming ecosystem uses the Wrapped NCG ERC20 token to ensure a sustainable economic model that motivates players to compete with each other. As of this report, the Wrapped NCG had a fully diluted valuation of about $79.2 million and a 24-hour trading volume of approximately $596,000. Having attracted Web3 players from more than 140 countries, Planetarium Labs is well-positioned to experience exponential growth in the coming years amid the mass adoption of blockchain technology and digital assets enabled by favorable regulatory frameworks in different jurisdictions.

A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.