The NFTs. Introduction to the economics of dotmoovs [Part 2]
Their utility in the game and how we’re using them to embrace the whole community
Using & Renting NFTs
Have you tried to juggle a ball without… the ball? Not really a great idea, is it? Well that’s exactly what we’ve brought to our universe: the need to have the appropriate gear to play the game.
So, do I need to use one of the NFTs to play? Yes, but fear not — you don’t actually need to own it. Once you have selected a challenge, you can easily select one of your “balls” or simply pick one of the available ones on the market to be borrowed.
In fact, these utility NFTs are bringing a whole new gamification to the app and whether you are good at sports or not, you will have a place in the dotmoovs world. If sports is not your thing, you can buy the NFTs, lend them to other players and share the revenue if they win the challenges.
If you are keen on sports but you don’t want to spend the money nor do you completely understand the crypto world well enough to buy the required NFTs to play, you can simply pick one of the available ones, play and share your revenue with your sponsor!
And in fact, even if you love sports and NFTs, but you don’t have the time to be constantly playing, just make your “Balls” available in the market and win while you can’t play that day!
It’s a win-win situation!
The fact is that crypto and sports are still two different worlds that only a small percentage of users are able to combine. This means that many of dotmoovs supporters can’t juggle a ball nor dance an Argentinian tango, but are willing to invest in the platform and support some rising stars. On the other hand, many skilled players don’t want to spend the money, nor do they completely understand the crypto world well enough, to buy the required NFTs to play challenges and tournaments.
This idea gives strength to the moto “sharing is caring”, allowing both parties to win — while one plays, the other supports the player by providing the required “ball”.
How to use them?
Soon, players around the world will start using their dotmoovs’ NFTs to enter 1vs1 challenges. Just like in real life, you will need a ball — in this case from “The Balls” — to enter a competition.
This layer brings a whole new level of engagement and gamification to the competition, because “The Balls” are thought to be dynamic assets, where the more you play, the more they change — carrying an increased importance to some games. But let’s leave that for later!
To enter specific challenges and tournaments you might also need a combination of different and specific balls. That’s why we’ll be introducing the Renting possibility very soon.
How to rent them?
How are your soccer skills? Not good enough but you wish to enter some competitions anyway? Why not rent your NFTs to someone who’s good at it and share the profits? Boom! Welcome to dotmoovs’ Renting!
“The Balls” will be a big part of the dotmoovs world and we couldn’t leave any of our communities behind. Renting will be the answer to quickly enter a 1vs1 challenge or to have all the NFTs needed to engage in a more complex and competitive tournament. Since all users will be required to have a “Ball” to play, we need to make sure that the whole gaming experience is as seamless as possible. So, if you don’t actually own a “Ball”, you will find one in a matter of seconds with our suggested renting — and the only thing you’ll need to do is to share the profits if you win the challenge.
If, on the other hand, you are the owner of the “Ball”, you just need to add it to the renting market and make it available to other players to pick it. If they pick your ball and they win the challenge, you get instant revenue — just like a good sponsor!
How to win them?
Can I win some “Balls”? Short answer: Yes! We at dotmoovs love to have you engaged and pumped about our game and that means giving you the chance to win great prizes, including NFTs!
We’re constantly conducting initiatives to have you onboard our challenges and achieving goals like the High Scorer of the Month will surely guarantee you some “Balls”. Make sure you pay attention to our channels!