AnRKeyX — The Innovative Revolution to The Gaming Ecosystem
Founded by recognized global leaders in blockchain, crypto assets and DeFi, the AnRKey X protocol platform is a gDEX designed to merge DeFi, esports and Web 3.0 NFTs into one, creating a brand new industry called m$ports. AnRKey X’s token, $ANRX, works just like an arcade coin. The more you purchase, play, stake, sell and compete, the more $ANRX you earn within the AnRKey X gaming system. With over 30 years of combined experience working with blockchain-focused companies, crypto funds and exchanges, the team aims to combine DeFi liquidity reward farming and staking with community-driven esports and Web 3.0 NFTs. The AnRKey X DeFi game studio will be constantly releasing games in the m$ports genre, with its first game Battle Wave 2323.
The Ethereum-based protocol will host all games on its proprietary Decentralized Gaming Platform Exchange (gDEX). The first game to be marketed has been titled Battle Wave 2323 and this allows players to compete in virtual teams to see who can earn the highest APY through gamified liquidity mining and NFT staking and trading.
Founded by JD Salbego, a recognized blockchain entrepreneur and speaker, AnRKey X was inspired by a history of working in the entertainment and tech industries and the recent innovations around DeFi yield farming. The DeFi boom of 2020 confirmed that crypto users enjoy gamified platforms and leveraging game theory to balance risk/reward in the hunt for large profits. They also have shown a real appreciation for digital art, as seen by the increased popularity of NFT collectibles trading.
Salbego explains, “The blockchain industry by its nature has catered to gamers and tech savvy users since its inception in 2009. DeFi has proven that these skills can be used effectively to earn yield through game theory and an understanding of markets. AnRKey X was built with the user in mind, both from a perspective of entertainment and profitability for the winners of each game.”
For the first time a project is combining trio solutions in one ecosystem to accomplish astonishing result. As difficult as it appears, the team has shown capacity in these areas. Prior to the development of AnRKey X, the teams have spent months in research & development working on the simplicity and making it an intuitive but exciting experience for users. As well, more technical and game-play documentation is soon to come including the recently launched interactive Battle Wave 2323 game.
AnRKey X In-Game NFTs
- Sacred Relics — Non-upgradable NFTs that provide an additional boost to existing LP staking APY by staking the Sacred Relic NFTs. These Sacred Relics are purchasable with $ANRX tokens via Sacred Relic Packs. There is only a specific number of Sacred Relics available at any given time.
- Golden Chalices — 9 ultra-rare and ultra-valuable NFTs that are randomly distributed to the winning Pool Army participants. These NFTs are upgradeable through the purchase of Armaments that boost even further with ANRX tokens.
Decentralized Gaming Platform Exchange (gDEX)
gDEX protocol acts as the exchange for users to buy and sell the different NFTs on the platform, using $ANRX as currency. The gDEX has three types of marketplaces, with Beta release launching with the first two: (technical documentation on the 3rd marketplace for 2 other NFT models and how it works within the gDEX will be released soon.
Derived base value innovation in the NFT economic logic models automatically create vibrant markets with “true derived base value” instantly upon minting. This token model is optimized so that $ANRX is always supported by inflationary forces outweighing deflationary forces by a factor of two. This concept balances 6 components: packages purchased for NFTs, the base rate of the NFTs, the depreciation rate of the NFT yield, randomized upgrades, weekly winning NFTs, and limits on the number of NFTs held per user. The Freemium Model for games are the new standard, with in-game items being almost 100% of a company revenue. Blockchain games which are also using the 100% Freemium model is pivoted upon a complicated and highly limited NFT tech and business model — Failure Upon Launch.
Conclusion
AnRKey X is led by a team of seasoned blockchain entrepreneurs, influencers, and advisors. The Singaporean company has leveraged a global team to build loyal communities throughout Asia, one of its primary target markets, as well as in the west. The company is expected to release more information on its upcoming games and partners soon.
There are currently numerous projects in blockchain space with the vision to provide solutions to gaming industry using blockchain technology. However, none has been able to combine DeFi + NFTs +Gaming in a seamless manner. AnRKey X is one project that has not just the technical prowess but also the capacity to provide lasting solution. Gaming on blockchain is fun with AnRKey X.
