Upcoming gaming NFT solution Memenopoly is collaborating with Babylons, the first community-owned NFT marketplace. With the strategic partnership, meme-themed Memenopoly NFTs will be auctioned on Babylons NFT marketplace.
Notably, Memenopoly is a yield generating blockchain with a “play to earn” game running on Binance Smart Chain (BSC). The platform leverages NFTs and yield farming to reward farmers and players of various 3D games, including monopoly, with instant and passive rewards.
The platform’s native token, MNOP, will be used for staking and rewarding liquidity providers. MNOP is currently available on PancakeSwap and is being listed on the FEG exchange. The token price is 1BNB=250 MNOP.
Importantly, Memenopoly has created a contest in which people create YouTube tutorials on how to play Memenopoly board games. The top three videos will be shortlisted, and from these, the community will choose the best-done tutorial. The winner will receive the highly covetous “Diamond Hands” NFT. Moreover, Memenopoly secured first place on treasureland for NFT trading volume.
Memenopoly also supports NFT staking. Players get to collect and stake their collectibles which earns them daily yields and rent from other players by rolling at least once daily. At the contract level, the project has token burns built into the game, thereby introducing deflation. This brings great evolution to gamified yield generation by creating a transparent, fair, and fun “play to earn” experience.
Additionally, the project makes use of key technical advancements to advance its goal. These include months of Live beta testing on testnet, Code Audit completed by TechRate, and complete 3D game experience within the browser. It also has a solid developer team with real-world experience. Chainlink VRF is integrated into the network for dice rolls and randomized NFT packs.
Some of the rewards and earning opportunities available including earning 3-6 times more per card daily when staking a full set, and staking over 20 player NFTs to unlock the new 3D player models in-game.
To maintain liquidity, Memenopoly incentivizes liquidity providers using a 10-tier liquidity rewarding system within the game. Each level offers the option of an NFT reward. Minting these rewards, including exclusive player NFTs, requires one to stake liquidity.
Nevertheless, only one NFT can be selected at each level and so those who want to farm more need to use multiple addresses. Completing a full NFTs set gives a player the biggest yields on Memenopoly. Specifically, each NFT earns users a daily reward. With a complete set, users earn boost these rewards by at least 2 times.