Hytopia: The Sleeping Giant of the Gaming Industry

Are we sleeping on a giant?

Note: This article was created based on a Twitter thread by @0xRaiden. We would like to thank the authors and encourage readers to follow @freaz7 and @0xRaiden for more information and updates on Hytopia.)

In the world of gaming, there are a few giants that dominate the industry. Minecraft and Roblox are two such giants, with over 300 million monthly active users combined. But there's a new player in town that is aiming to take on these giants and capture a piece of the market. Introducing Hytopia, a web3 game that is generating a lot of buzz and excitement.

Hytopia is a web3 ecosystem that is targeting Minecraft, Roblox, and their massive user base. Recently, the game announced that it raised $3 million in a small equity round led by Delphi Ventures, a prominent venture capital firm. This funding will be used to further develop and grow the Hytopia chain and its related ecosystems.

One of the most impressive aspects of Hytopia is the number of pre-registrations it has received for its beta version. With over 1 million pre-registrations, it's clear that there is a lot of anticipation and interest surrounding this game.

So, why should you pay attention to Hytopia? Well, there are several reasons.

Firstly, there are free ways to position yourself within the game. The Hytopia Foundation, which holds 24% of the token supply, aims to foster the growth of the Hytopia chain and its related ecosystems. To achieve this, the Foundation will receive 30% of all fees collected by Hytopia. While the exact details of how players and contributors will be incentivized have not been revealed yet, it's clear that there will be opportunities to benefit from the game's success.

Additionally, by using a referral link, players can receive 2 free loot boxes. These loot boxes will not only provide players with exciting rewards but will also contribute to the redistribution of loot boxes to the ggchronicles_players.

On the other hand, there are also paid ways to position yourself within Hytopia. The game has its own token, called TOPIA, which is currently sitting at a market capitalization of around $100 million. Players will be able to onboard and transact using USDC, but these transactions will be subject to a higher fee of 8% compared to transactions settled in TOPIA, which will only have a 3% fee.

Furthermore, Hytopia World owners will receive a 35% token allocation, distributed over a 5-year linear vesting schedule. This provides an opportunity for players to not only enjoy the game but also potentially benefit from the value of the token.

It's also worth noting that Hytopia charges a 50% service fee, which can be reduced to 30% by owning multiple worlds NFTs. Currently, the floor price for these NFTs is at 3.8.

Aside from these exciting opportunities, there are a few other facts about Hytopia that are worth highlighting. The game is targeting a massive 300 million monthly active users, which puts it in direct competition with the likes of Minecraft and Roblox. Additionally, Hytopia is backed by Delphi Digital, a reputable player in the industry, which adds further credibility to the project. Lastly, Hytopia is browser-based, which means it offers better accessibility compared to Minecraft.

In conclusion, Hytopia is a game that should not be overlooked. With its ambitious goals, strong backing, and innovative features, it has the potential to become a major player in the gaming industry. Whether you choose to position yourself within the game through free or paid methods, it's clear that Hytopia offers exciting opportunities for players and contributors alike.

Hytopia's impressive number of pre-registrations and its recent funding round indicate that it is a game to watch out for. With free ways to position oneself within the game, such as benefiting from the Hytopia Foundation's token supply and receiving free loot boxes through referral links, players have opportunities to benefit from the game's success. On the other hand, there are also paid methods, such as using the TOPIA token and owning multiple worlds NFTs, which provide additional advantages. With its ambitious goals, strong backing, and browser-based accessibility, Hytopia has the potential to become a major player in the gaming industry.