Cryptomines is one of the top 5 Binance Smartchain (BSC) games for October, and still dominating the top for November, if you're lucky (which we will explain later), this game can generate a very high return-on-investment (ROI) in a matter of a week or two.
Its token called $ETERNAL have had grown exponentially and continues to grow as of this writing, given the low supply at 5,000,000, only time will tell if it will hit $200 per $ETERNAL. They're using the same token in purchasing and as an in-game reward. If you're interested to start and learn the game further, you may check their whitepaper at; https://docs.cryptomines.app/tokenomics-1/token-information.
As for its economy, the game is under an Oracle System, you may refer to this link for details; https://docs.cryptomines.app/rewards/oracle.
In a nutshell, the Oracle maintains the reward and minting (creating a new NFT) to a certain dollar amount e.g., if you're trying to mine an 800 MP planet, it will control the reward at $40, hence no matter of inflation, the reward is consistent to $40 (as of this writing) and scales based on the value of its token, this is a good system to ensure the economy will not fluctuate big time once people starts dumping their rewards.
How to earn in Cryptomines? First, you need to get a ship, workers and build a fleet, with the current rate its more practical to buy a team based on your budget as minting cost is high and you might end up with a low stat worker or spaceship. We recommend to look at your budget first and which planet fits in your initial investment, e.g., we're looking at a planet that requires 300 Mining Power (MP)
Based on the example above, if you're target is 300 MP you're going to earn around $12 USD per day as of this writing (9:41 AM 11/13/2021 GMT+8) as you can only mine every 24 hours per fleet, the fleet should have workers with a total of 300 MP.
NOTE: You have to take note that every worker will have a contract fee of $7 USD per worker per week, hence if you have 6 workers to mine a 300 MP planet, that's a $42 USD cost per week, also including a gas fee of around $0.70 per transaction in BSC.
As discussed earlier we talked about "if you're lucky" because this game is played by chance, e.g. for this Planet it 81% to win, but again there's always a 19% chance to fail, based on our personal experience we're currently at 8/10 winning rate, but there are players who claimed they're like at 2/10, hence if you believe in bad luck, this is not a game for you.
Here's a quick calculation and how to build your first team (if you're at low budget);
- Earning Potential: for 300 MP Planet, we're at $12 USD per day, that's $84 USD per week (net profit) if we are at 100% win-rate, but to play it safe, with an 85% win rate or 6 out of 7, we're looking at $72 USD per week
- NFT + Contract + Fuel + Gas Fee, we're looking at the following (cheapest in Marketplace as of this writing)
- Worker with 2 Rarity at 80 MP is around 0.11 $ETERNAL / $17 USD (3x)
- Worker with 2 Rarity at 60 MP is around 0.049 $ETERNAL / $8 USD (1x)
- Spaceship with 2 Rarity that can onboard 2 Workers is around 0.033 $ETERNAL / $5 USD
- The fleet is USD 0.50 per NFT, at this case we're looking at a total of 2 Spaceship, and 4 Workers, that's a total of $3 USD in building the fleet
- Total Cost of NFT: $72 USD (one time only)
- Contract: $28 USD / week
- Fuel and Gas: $9 USD / week
- Starting: $109 USD, and if you're going for a weekly top-up of contract, that's $37 USD to maintain the game (that's why it is like a personal mining rig as you have electricity cost, etc.)
- At 100% win-rate, we're looking at a total cost of $146 USD for two (2) weeks, and a reward of $168 USD, that's $22 USD ROI, and the week after you just need to maintain $37 USD for your operational cost :) If you're a bit unlucky, more or less you can still ROI in less than 3 weeks.
NOTE: There's a 30% tax as a start when claiming your rewards, however, this will reduce by 2% per day until it reaches 0%.
This game is powered by luck and doing your own research (DYOR) is very important... and to answer most questions in NFT gaming, is this game profitable? Yes, but this is not a financial advice.
At the end of the day, this is a sci-fi text game with a lot of potential especially with raid feature and more to come, this will definitely hook sci-fi enthusiasts and people looking at a game that is not time-consuming but with a very high earning potential, Feel free to comment if you have any questions, we will be happy to help :) We wish you the best and luck Commander!
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