Article Summary, Automatically Generated By AI
Here is the summary in HTML format:
About Wanaka Farm
Key Points
- Wanaka Farm is a virtual farming game on Binance Smart Chain.
- Players can cultivate lands, tend to crops, breed pets, and decorate their virtual land.
- The game features different seasons, levels of land, and types of products and animals.
- Certain in-game assets are designed as NFTs.
- The game aims for a play-and-earn model, where players cooperate and build a relaxing atmosphere.
Founders and Team
- Founded by a core team of five co-founders from Vietnam.
- The team consists of
About Wanaka Farm: A Beacon of Innovation in the Realm of Cryptocurrency and Sustainable Farming
Introducing Wanaka Farm (WANA): A Revolutionary Agricultural Ecosystem
Wanaka Farm is an immersive virtual farming experience built on Binance Smart Chain, where players can indulge in cultivating lands, nurturing crops, breeding pets, and customizing their virtual domain. By purchasing or renting land, players can harvest their crops, which can subsequently be exchanged for WANA. The game boasts diverse seasonal cycles, varied land levels, and an array of products and animals, with select in-game assets meticulously crafted as NFTs.
In a departure from the traditional play-to-earn paradigm, Wanaka Farm pioneers a play-and-earn model, where players converge to craft a serene in-game ambiance, rather than competing against one another. By delivering an immersive experience poised to be further enriched by the advancements in AR/VR technology, Wanaka Farm seeks to captivate young women and men, primarily hailing from South East Asia and South America, who crave a collaborative gaming experience with tangible earning potential.
The project boasts an ambitious and well-structured roadmap, with a targeted release of the game in the remainder of 2021. Looking ahead to 2022, Wanaka Farms plans to unveil an enhanced mobile version in the first quarter, followed by an augmented reality (AR) iteration in Q2. The second half of 2022 will see the launch of the virtual reality (VR) version, alongside seamless cross-chain NFT interoperability.
The Visionary Founders Behind Wanaka Farm
Wanaka Farm was founded by a core team of five co-founders, comprising four men and one woman, all hailing from Vietnam. At the helm is CEO Truong Tran, a seasoned blockchain developer with a wealth of experience garnered from esteemed cryptocurrency and technology companies. CTO Thuan Nguyen brings a rich background in blockchain development, having worked with Kyber Network and other prominent tech firms. Duc Hoang, Head of Development, boasts an impressive track record, having previously served as CEO of Japanese conglomerate Mirabo JSC. Rounding out the team is CPO Sang Nguyen, a veteran game and VR/AR developer with a proven expertise in his field.
In total, the team comprises 12 individuals, all of whom hail from Vietnam and boast extensive experience in game development. Wanaka Farm is one of several Asian-based blockchain games that have been gaining traction and rising to prominence within the Binance ecosystem.
Unveiling the Unparalleled Wanaka Farm Experience
To initiate gameplay, players must acquire land, a scarce resource represented as a unique NFT. Following the purchase, players can customize their land to their heart’s content using a diverse array of in-game items, which can be acquired separately. Additionally, players have the option to rent land, with the assurance that smart contracts provide, safeguarding against the resale of land and ensuring a secure experience.
Land will be categorized into four fundamental types:
- Primal Terra Firma
- Serenene Lake
- Lush Forest
- Majestic Sea
Initially, only basic land will be available for purchase. The fertility and productivity of each land parcel vary, contingent upon its rarity level and the specific seasonal attributes assigned to it.
To embark on farming, players will require seed items, which can be procured from the game’s store or secondary markets. Notably, these seed items will also be genetically modifiable. The items will undergo a transformative process, progressing through “growing”, “harvested”, and “product” stages. During these stages, they can be utilized for diverse quests or traded after harvesting. Furthermore, harvested items can be combined to create product items, while pets can be crossbred to generate novel seed items.
A player’s avatar is endowed with an energy reserve that gradually diminishes in proportion to the extent of farming activities undertaken. Furthermore, players can bolster their productivity by enlisting the assistance of fellow players to farm on their behalf. The fertility of lands will vary, with players having the capacity to enhance it through strategic measures such as planting and irrigating trees, nurturing and breeding pets, and harvesting crops.
Players will have the opportunity to accumulate WANA tokens by engaging in various activities, including trading items on the Wanatrade marketplace, completing quests to receive rewards, staking WANA, or participating in the lottery systems.
Wanaka Farm (WANA) Coin Circulation: A Quantitative Breakdown
The total supply of WANA is capped at 500 million tokens, with a carefully crafted distribution strategy as follows:
- Public Sale: 2.5% allocation, valued at $0.04, with a seven-month vesting period and a 10% monthly unlock rate, featuring no lock-up period.
- Private Sale: 5.5% allocation, valued at $0.024, with a 12-month vesting period, a three-month lock-up period, and a 10% monthly unlock rate.
- Strategic Partnerships: 6% allocation, valued at $0.01, with a 12-month vesting period, a six-month lock-up period, and a 15% monthly unlock rate.
- Team and Advisors: 20% allocation, with a 24-month vesting period, a 12-month lock-up period, and an 8.33% monthly unlock rate.
- Staking Rewards: 10% allocation, with a 59-month vesting period and a 1.67% monthly unlock rate.
- Community and Marketing: 10% allocation, with a 59-month vesting period and a 1.67% monthly unlock rate.
- Reserves: 19% allocation, with a 60-month vesting period, a 12-month lock-up period, and a 2.08% monthly unlock rate.
- Play-to-Earn Rewards: 25% allocation, with a 60-month vesting period, a one-month lock-up period, and a 1.69% monthly unlock rate.
- DEX Liquidity: 2% allocation.
The Unwavering Security of the Wanaka Farm Network
WANA is a BEP-20 token situated on the Binance Smart Chain (BSC), a deliberate choice driven by the desire to onboard a vast number of farmers with minimal resistance. The Wanaka Team was drawn to BSC due to its burgeoning popularity in the ecosystem and the attractive low transaction costs it affords. While the long-term vision is to evolve into a multichain experience, BSC provides an ideal foundation for the project’s initial stages.
The Binance Smart Chain (BSC) is fortified by the proof-of-stake consensus mechanism, which ensures the integrity of the network. Every 24 hours, a cohort of 21 validators is elected to validate transactions and safeguard the blockchain’s security. To be eligible for this esteemed role, these validators must stake a predetermined amount of BNB coins with Binance, thereby demonstrating their commitment to the network’s stability.
Wanaka Farm Trading: Anticipated Launch Timeline
Wanaka Farm successfully launched its Initial DEX Offering (IDO) on Poolz Finance on August 27, 2021.
Where to Acquire Wanaka Farm (WANA) Tokens
WANA is conveniently listed on prominent platforms, including PancakeSwap (V2), LBank, and Dodo BSC. For those new to the world of cryptocurrency, we recommend exploring the CoinMarketCap education portal, Alexandria, which offers valuable resources on how to navigate the market and acquire WANA or any other token with ease.
Associated Resources:
Discover Axie Infinity (AXS), a captivating pet-oriented trading game that seamlessly integrates non-fungible tokens (NFTs) into its immersive experience.
Discover Binemon (BINE), a captivating play-to-earn NFT game that’s redefining the boundaries of interactive entertainment.
Delve into the world of MOBOX, a revolutionary NFT gaming ecosystem meticulously crafted on the Binance Smart Chain.
Peruse CoinMarketCap’s authoritative rundown of the top 10 NFT games that dominated the landscape in 2021.
Stay abreast of the latest developments in the cryptocurrency landscape and gain valuable trading insights with CoinMarketCap’s premier educational resource, Alexandria.