Linking the Game Economy with the Real World using Realis Network (LIS)Table of Contents
Linking the Game Economy with the Real World using Realis Network (LIS)
By CoinUnited.io Research Team
3 min read
Sergey Zasorin, the company's creator, started CryptoSoul in 2017 before launching Realis Network. Merge Cats and Crypto Dragons, two well-liked smartphone games, were released by CryptoSoul in 2018 and 2020, respectively, amassing more than 800,000 users by the end of 2021. The CryptoSoul team believed they were ready to take on a much larger project - Legend of Listeria — after getting more expertise in the game production business. This game was the studio's first concept, but insufficient funding prevented its creation in 2017. In January of 2021, CryptoSoul underwent a rebranding and introduced Realis Network.
Users of the Realis Network may level up and unlock new perks as they go through the games that are available on the platform. They might get treasure boxes, LIS tokens, and other in-game assets. Realis Network gives its players the chance to participate in the ownership and growth of its gaming platform by allowing them to stake tokens acquired via games for additional prizes and voting rights in governance. In addition, NFTs may be bought and sold on the network's market place, giving gamers additional options for customizing and improving their gaming experience.
NFT gaming assets, an NFT Marketplace, and DAO governance are just a few of the network's other key features.
Realis Network has already seen the release of a number of mobile games using a "play to earn" model. The many games each provide a unique gaming experience, but they all make use of tokenized in-game currency and in-game assets. The storyline of the game may revolve around real-world events, fictional stories, or mythological figures. Users are motivated to do activities, move up in level, and earn additional tokens.
Users may earn a variety of kitty NFTs through gaming, which can then be spent in the game or taken off and saved in the player's virtual wallet. There is a main objective in the game, but there are also several side objectives that players may complete for extra fun. Tokens may be earned by users in a variety of ways, including spins, capsule access, completing simple tasks, and more.
Tokenization, objectives, leveling up, and other features are identical to those of Crypto Cats. Players are encouraged to explore new worlds, complete challenges, and more in Crypto Dragons, which employs Dragon NFTs. The Realis Network ecosystem is supported by Crypto Dragons in addition to Crypto Cats. Staking, in-game purchases, DAO governance, and more may be done with the LIS tokens acquired in this game and Crypto Cats.
A three-player team gains against another three-player team or an AI team in the dynamic multiplayer online combat arena (MOBA) game Legends of Listeria. Each combat lasts for around three minutes, and those who win may receive new abilities, unique equipment, cosmetic skins, or other benefits from the game. New game types and events are added often to Legends of Listeria, ensuring that players always have something fresh and exciting to look forward to. Users who win tournaments will receive LIS tokens.
On Realis Network, users may purchase a variety of non-fungible (NFT) game assets, including exclusive skins, tournament tickets, limited-edition goods, lootboxes, and battle passes. At any moment, users may move their NFT assets into their own wallet, giving them full control over their virtual property. These NFTs may be utilized in games, and they frequently offer special qualities that improve your character's skills or change how they look. Unique, Common, Rare, Epic, and Legendary are the five rarities of these NFTs. If you combine three NFTs to make a new, one-of-a-kind NFT, the original three NFTs will be burned, and the new NFT will have a rarity type of Common, Rare, Epic, or Legendary.
Users of Realis Network may purchase and sell in-game assets, including NFTs, without paying any transaction fees or gas costs through the in-game NFT Marketplace. The network's native token, LIS, is used to purchase these assets. Users will be able to exchange for better NFTs for their in-game character or just sell their current NFT game assets for a profit through the NFT Marketplace.
Users of Realis Network are given a stake in the network through ownership. With the use of these staked tokens, users may vote on new network enhancement ideas. Voting rights holders may also be eligible for management positions, giving them more sway over the ecosystem's development.
Merge Cats was released in April of 2018. Realis Network was established in January 2021, two years later, in September 2020, after Crypto Dragons had debuted. Tales of Listeria launched a month later and went through many testing phases. The Realis Network successfully completed a CertiK audit in the fourth quarter of 2022, LIS became available for staking, the NFT Battler game's development got under way, and the NFT Marketplace testnet became live. The NFT Marketplace's formal mainnet debut took place in 2023, thanks to the team's efforts. The NFT Battler game is still being developed, and work on a new Merge game has just begun. Realis Network plans to add new games to its library and improve the ones it already has. Further modifications can be proposed and agreed on by LIS stakeholders with voting rights thanks to the network's community governance.
The network's economy is propelled by LIS, which also enables users to communicate naturally inside the network. Playing Realis Network games or buying LIS tokens on exchanges are two ways to obtain them. In-game contests are another way to acquire LIS tokens. In addition, if you opt to stake your LIS tokens, you will be rewarded with extra LIS tokens.
LIS now costs $0.022. (as of Feb 24, 2023). The value of the token is expected to increase by a factor of two or more during the following several years. PricePrediction predicts that the LIS price will reach $0.054 by the end of 2024. The price might go up to $0.075 in 2025. The LIS price might reach $0.23 by the end of 2028 and quadruple to $0.52 by the end of 2030. There are likely to be daily changes, even if these average predicted prices suggest an overall upward trend until 2030. As a result, you should educate yourself well before investing in crypto.
LIS tokens may be earned by participation in Realis Network's play-to-earn games, and they can also be purchased on a number of sites. LIS is specifically offered on the Spot Trade platform at CoinUnited.io. As a way of saying "thank you" for bringing LIS to CoinUnited.io, the exchange is holding two promotions during which LIS token holders may earn rewards. Secondly, until February 24, 2023 at 11:59 UTC, you can obtain 10 NEAR tokens by putting 1,000 LIS into a CoinUnited.io Spot account. Second, until February 27, 2023 at 11:59 UTC, you can get 5 NEAR tokens for every 100 USDT you trade in the LIS/USDT Spot market. Create an account on CoinUnited.io and fund it to get started.
In the event that you have obtained LIS tokens, you will need to make a decision regarding their future use. If you hold your tokens, you can stake them to get periodical rewards of additional LIS tokens and a share of the governance authority of the community. You might also utilize your tokens in the game. When you spend your LIS tokens on new abilities, skins, and other cosmetic items, your gameplay may improve. Tokens can be held or used to buy more tokens in either situation. The value of LIS tokens is also anticipated to progressively trend upward on average. In fact, during the next five years, the value is projected to increase from its present level of $0.023 to $0.23. With this in mind, it could be financially advantageous for some players to hold at least some of the LIS tokens they win in the game for long-term financial gains.
You might earn tokens and contribute to the network's future growth by staking in addition to enjoying the challenge of playing the network's existing games. Considering this, you might want to try your hand at one of the games available on the Realis Network right away.
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