The first collection of NFTs from the web3 SDK, backed by Crypto.com for Shards.Tech game studios has sold out. This collection is meant to boost the project’s airdrop campaign.
Called ‘Booster NFTs,’ a collection of 2000 free-mint NFTs sold out within its first-come-first-serve phase, with over 1,641 NFTs being claimed through guaranteed spots. The floor price As of writing, the current collection stands at 0,189 ETH.
The collection is powered by $SHARDS, the native token of the project that will launch in the second half of 2024. It offers a variety benefits to its owners including airdrops during the Shards.Tech event. The newly-launched Shards.Tech Leaderboard allows users to earn more points through the SDK in games like Petopia. This will directly correlate with the amount claimed for airdrop. The more points you have, the greater amount of $SHARDS that will be airdropped. More than 55,000 people are actively using the games in its ecosystem. The company is partnered with more than 20 different games.
This startup is a “monetisation layer” for games studios. It allows them to fragment their teams in game, which will allow them to boost revenue, retain players and increase the average spending. The first campaign generated over $300,000.
Corey Wilton said Shards.Tech was founded by Corey Wilton. “the technology aims to monetise non-game players for web3 games, adding an additional layer of revenue streams by creating a speculation fly-wheel across the entire game.”
Shards.Tech decided to put the underlying concept of Friend.Tech inside a game, stimulating further competition and speculation, allowing fractionalisation of teams or ‘guilds’ within the games. “Game studios can plug the free to use Shards SDK into its ecosystem, creating a guild system that fractionalises teams, creating a ‘flywheel’ for game studios, founders, players as well as non-players.”
Shards.Tech, a web3 brand that integrates and partners with famous brands like YGG, launched its model earlier this year. It has increased game studio revenue, retention rates, and average spending in-games by over 100%.
The success of the NFT Collection is even more remarkable because it was launched despite the bad overall market conditions. This applies especially to NFTs. Last Friday, market conditions continued to decline with a drop of almost 14%. reports.
NFT’s results this week are in stark contrast with the high number of crypto sector sales. Popular cryptocurrencies, such as Bitcoin or Ethereum, have hit all-time records as trading volumes on both decentralised and centralised cryptocurrency exchanges reached a peak in March.
The total volume of trading for Shards.Tech is 11 ETH in just the first 24 trading hours. This comes as the project prepares to launch its token on centralised exchanges within the next few months.
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Source: nftevening.com
