Binance Alpha officially launched $TGT at 6 PM today, followed closely by Bybit and KuCoin. This project, which has been in preparation for four years and has invested 20 million dollars, is a collaboration between the three giants Cygames, SBI, and Gumi, making TOKYO BEAST a culmination of Japan’s chain games—a solid Web3 major project. Let’s take a detailed look.
Let’s first talk about the background of this project. Cygames is the largest mobile game developer in Japan, with super popular games like (Uma Musume) and (Princess Connect) under its belt, showcasing its strong capabilities in game development. SBI Securities is the largest internet finance institution in Japan, with substantial financial strength that provides a solid financial backing for the project. Gumi is a leading company in Japan's Web3 gaming sector and is also a publicly listed gaming company, rich in experience in Web3 games.
2. Innovative model, Web2 + Web3 fusion
TOKYO BEAST is not just an ordinary chain game; it is a super fusion of Web2 and Web3. Currently, the total supply of $TGT is 1 billion, of which 15% of the fiat revenue will be used for monthly buybacks. Based on publicly available data, it is estimated that millions of dollars will be injected for buybacks each month, providing substantial support for the token's value.
Its NFT agency mechanism is also quite interesting; Web2 players can play the game for free, while Web3 players can earn profits by holding NFTs. Additionally, there’s a prediction system that further stimulates player participation. The entire economic model is interconnected, like a precision machine, with great stability.
$TGT's token distribution is also very reasonable. 40% is allocated to NFT holders, which can incentivize more players to hold NFTs and enhance the project's ecosystem vitality. 21.35% is given to the foundation for the long-term development and operation of the project. 15% is used for long-term incentives for the team, motivating team members to improve the project. The remaining portion is used for airdrops, providing liquidity, partnerships, and other aspects to assist in the promotion and development of the project.
4. Game highlights, diverse gameplay
The game is set in a futuristic Tokyo in 2124 and is a fighting competition game. It features a diverse gameplay experience, including an auto-battle mode that allows players to enjoy the game without constantly staring at the screen; an NFT equipment system that adds fun and collectibility to the game; and a prediction gameplay that lets players experience the thrill of betting while enjoying the game.
The game quality has reached AAA level, personally crafted by Cygames, ensuring both plot and playability. Moreover, it does not rely on hyping NFTs to increase value; NFT holders can enjoy profits from tokens and games, genuinely supporting value through revenue. If Cygames connects its own IP resources in the future, the project's development prospects are virtually limitless.
So how can one participate in this project? First, you can pay attention to the airdrop activities of Binance Alpha. Secondly, after $TGT goes live, you can choose to purchase tokens or stake to draw NFTs, and the specific choice should depend on your situation. The game officially launched on June 9, and pre-registration is currently open; here’s the link: pre.tokyo-beast.com/zh-hans/form/. Also, be sure to keep an eye on the official Twitter @TOKYOGAMES_EN for activities, as you might catch some extra benefits.
6. Future prospects, worth looking forward to
The next few months will be crucial for TOKYO BEAST; whether it can become the ceiling for chain games will depend on its upcoming performance. However, as it stands, it has the strength of Cygames and the ambition of Web3, with good gameplay and an economic model. As long as the team can maintain their pace and execute their plans effectively, the development prospects are indeed very promising.
Regarding #TGT, I personally hold an optimistic attitude; this could very well be a 'game changer' for the Japanese mobile gaming scene entering Web3. I hope the team continues to work hard to bring more surprises to players. If you are interested in this project, it might be a good opportunity to participate, and you could reap rewards in the Web3 world!
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