Infinitely wonderful day, my friends! Welcome back to Part 2 of my write-up on venturing into GameFi/P2E with Crabada.
In Part 1 I talked about what GameFi is, why it’s amazing, what Crabada is, why I love it, and the initial investment needed to get into the game.
I’ll be splitting this post up even further, as I had no idea I had this much to say about Crabada!
In Part 2 I’ll be covering the following:
- Game tokens basics
- Crabada NFT
- Treasure Under Sea (TUS) token
- Crabada token (CRA)
- Crabada Amulet (CRAM) token
- What you need to get started
- Your initial investment
- Activities in the game
- PvP Idle Battle
- The Tavern
Let’s go ahead and get started.
Game Token Basics
In Crabada, you’ll be playing with 4 different tokens: Crabada NFTs, Treasure Under Sea, Crabada, and Crabada Amulets.
The main game token is a non-fungible token (NFT) called a crabada. These are your players. In order to get started in the game, you need at least one (1). You can either buy an adult crabada or a crabada egg from the marketplace.
Treasure Under Sea – $TUS
The second token that you’ll be using is Treasure Under Sea, or $TUS, which is the in-game currency. This is the main reward token that you’ll earn from the different activities you can perform in the game.
You’ll need to swap another cryptocurrency for $TUS to buy your crabada or egg from the marketplace to get started playing. I swapped from $AVAX, but you can swap anything that’s available on the Trader Joe decentralized exchange (DEX).
Crabada – $CRA
The third token that you’ll be using is the Crabada token, or $CRA. $CRA is a governance token that will only be rewarded for a limited time in various game activities. It’s currently being rewarded during the idle PvP game until they run out, or until 3 months after game release. After that, the team will reward $CRA for the same amount of time in the action battle game, and subsequently the farming game.
Currently, $CRA is being used to stake and earn $CRAM, as well as for breeding payment.
Crabada Amulets – $CRAM
The fourth token is an amulet called the Crabada Amulet, or $CRAM. $CRAM is earned by staking $CRA.
You’ll need $CRAM to be able to increase the number of crabada teams you have, or to enter the lucky draw where you could win a super rare, and otherwise expensive, crabada.
You can learn more about these tokens and their uses in the Crabada whitepaper tokenomics section.
What you need to get started
As I mentioned in Part 1, the monetary investment you’ll need in order to get started is quite high. As the price of $TUS increases, it’ll be more difficult to purchase. However, the crypto market is always fluctuating, so there’s a chance that the price of $TUS will go back down to something more reasonable.
Your initial investment
As of this writing, the price of $TUS is $0.187 USD (10 January 2022), and the lowest priced crabada is 13,888 $TUS, which comes out to $2,550.50 (10 January 2022). So the lowest initial investment you’d need to get started with this example is around $2650–$2,700 for the crabada, and the rest to pay for gas fees.
Avalanche token – $AVAX
In order to process any transactions in Crabada, you’ll need to have $AVAX for gas fees, since the game is on the Avalanche blockchain. I currently keep around $30-50 USD worth of $AVAX for my transaction fees. Because I’m extremely active in the game, I get my gas fees reimbursed by the Crabada team (for a limited time).
Treasure Under Sea token – $TUS
Although there are a few different cryptocurrency options you can swap for $TUS on Trader Joe, I recommend just using $AVAX to swap since you’ll have to have it anyway for gas fees. My M.O. is to buy $AVAX from Coinbase, send it to my Avalanche wallet, and then send it to my MetaMask wallet using the Avalanche mainnet. From there, once you connect your wallet to Trader Joe, it’ll detect you, and you’ll be able to swap your $AVAX for other crypto you need.
Crabada token – $CRA
Technically you don’t really need to swap for $CRA, unless your initial game strategy includes breeding, as you’ll need 105 $CRA to breed, or you want to start staking ASAP.
You can swap $AVAX for $CRA on Trader Joe as well.
Now that you know what you’ll be needing in order to get started, let’s move on to the exciting stuff: the various game strategies you can employ!
Activities in the Game
The main good-guy activity you can perform in the game is mining. This is my favorite activity in the game because it’s straightforward. Mining consists of creating a team of three (3) crabada and setting them out on mining sessions, which, according to the whitepaper, is your team going into an underwater mine and mining for deep-sea treasures.
Your mining session lasts for 4 hours, and you can immediately begin mining again once your session is over.
If you have a successful mining session, as of this writing (10 Jan 2022), you can earn 303.75 $TUS and 3.75 $CRA. If you have a Prime class crabada on your team, you can earn an extra 10% on top of your reward, making your takeaway 334.125 $TUS and 4.125 $CRA.
If you lose your session to looters, you’ll earn 106.3125 $TUS and 1.3125 $CRA. If you have a Prime on your team, you’ll still earn your extra 10%, since looters can’t touch that. That’s why you want a looter on your team–free rewards!
You can mine up to 6 times a day, but that means you’ll end up mining during your bedtime.
It’s important to note that around the end of January/beginning to mid-February, the total $CRA you can earn in the PvP idle game will decrease significantly, or be eliminated all together.
You can bet your bottom dollar that once you start mining, you’ll have a team of crabada waiting to challenge you to a battle for your booty.
What that activity is known as is looting. If you decide to loot, you still need a team of three (3) crabada. Instead of being a good person and minding your own mining business, you send your team in to a mine to disturb the mining activities of another team.
It all comes down to this: you don’t want peace, you want violence, always.
For whatever reason, and however this came about, there are bots that perform looting sessions in lieu of their human owners. This has caused much grief for those innocent miners who just want to put food on the table for their hermit crababies.
You’re likely never going to get away with a loot-free mining session. I’ve yet to have one, and I haven’t heard of anyone else having one either–except for maybe when the game first started.
If you so choose to indulge in your violent side, you can earn up to 197.4375 $TUS and 2.4375 $CRA if you win the battle which includes part of the losing team’s reward, or 24.3 $TUS and 0.3 $CRA if you lose, which includes none of the other team’s reward.
The biggest, most lucrative difference between mining and looting is how often you can loot. You can loot a minimum of 8 times, and a maximum of 24 times a day. While that means you could earn up to 4738.5 $TUS a day if you win all your loot sessions, it also means you have to be balls in the game all day. Or you can find out how to make a bot.
PvP Idle Battle
A battle is what happens when a looting team decides to loot a mining team’s mining session. If you’re the mining team, you don’t really have a choice in the matter. Even though you made the decision to go mining, you likely didn’t intend to be looted.
It was the violence-mongers.
When a battle ensues, the mining team has the option to reinforce their team twice, and the looting team has the option to attack twice, using outside crabada from the Tavern, or their own crabada from their inventory. Whichever team has the highest amount of battle points (BP) at the last attack wins. Depending on the class and purity of your team, you can either win almost every battle, or lose almost every battle.
There’s also something called Miner’s Revenge, which is supposed to give you a better chance at beating the looters. IMO, this only works if you stand a chance at winning a mining session. My team’s total BP is so low, I don’t even risk it anymore.
The Tavern – the intersection between mining, looting, and the battle
The Tavern is where you can either rent out your crabada for other players to borrow in order to reinforce their teams during a battle, or if you’re the one whose team needs reinforcement, you can rent someone else’s crabada.
If you’re serious about earning some $TUS through renting your crabada in the Tavern, it’s best if you stick to renting out at current market prices according to your crabada stats. If your crabada are super weak in the area, you’d better be renting them out for the low-low. Just check out the current Tavern prices to find out what that is.
If your crabada have better stats, you can rent them for higher amount. It’s okay.
In order to rent someone else’s crabada during your mining or looting session, you’ll see a button that says “Hire” down at the bottom of the game play screen. This will give you the ability to access the in-game Tavern, where you can shop for available crabada to rent temporarily.
The best bet is to find the happy medium between the crabada’s BP and its price. If you end up losing regardless, you’ll barely make your $TUS reward if you rented a crabada for a high price.
It’s important to note that the Tavern takes a 10% cut of your rental earnings.
Staking is pretty straightforward. I won’t get super deep into the blockchain mechanics of it, but basically, when you’re staking a token, you earn rewards for keeping the network secure.
What Crabada has done is turned it into a game, where your rewards can be used elsewhere within said game.
Currently, the only token you can stake to receive rewards is $CRA, for which you will receive $CRAM. The minimum you can stake is 50 $CRA for 1 $CRAM per week. You can only hold up to a certain amount of $CRAM in your staking pot, and once you hit that number you can no longer earn $CRAM, so you should be mindful of how much you’re holding, so you can claim them and send them to your wallet.
Staking isn’t really part of game play, however, it influences what you can do during game play, such as increase how many teams you have to mine or loot, or enter into the lucky draw to win a new crabada. In the future, there will be other activities you can partake in, just keep your eyes on the roadmap.
In this post, I talked about the main tokens needed to play Crabada, what you need to get started, and the current main game activities you can partake in.
Stay tuned for Part 3, as we’ll finally get to the juicy parts: common game strategy and goals.