In the game, sheep live happily in the metaverse farm called the Barn, and owners gather WOOL tokens to wager their sheep NFTs. Getting a wolf has a 10 percent chance, with predators playing an important role in the game. The price for the NFTs like sheep or wolves increases, depending on the minting stage.Īs the minting process goes on, participants do not have an idea if they'll get a wolf or a sheep. To mint these NFTs, participants would need WOOL tokens. These NFTs' minting process likewise carries the concept of risk. The game has two main characters: sheep and wolves, which are mintable ERC-721 NFTs on the Ethereum blockchain. Read Also: Wolf Game Is the Hottest NFT Game Right Now: $80,000 NFTs, Gameplay and More! As such, the higher the risk, the higher the reward, DappRadar added. This is what differentiates Wolf Game from other P2E offerings: players need to calculate the percentage of risk involved. A key characteristic in Wolf Game is that it gives emphasis on risk in decision making. Wolf Game combines NFTs and decentralized finance (DeFi) mechanics to offers passive income to participants. But what made this P2E title so attractive that it has already made more than $10 million in total trading volume based on nothing but a mere concept? Wolf Game: A Mix of NFTs and DeFi Mechanics that Involves Risk Talk about Wolf Game peaked over the past seven days, with crypto influencers on Twitter, such as Gary Vee and Beanie.eth tweeted about the game. In addition, its land plot NFTs generated even higher, with nearly $8 million traded. Wolf Game has become the center of attention in the P2E space in the past week with its non-fungible tokens (NFTs) in the form of sheep and wolves raking in over $2.8 million in trading volume, DappRadar noted in a report. A new play to earn (P2E) platform is definitely creating much more buzz lately, and taking in millions in trading volume even without launching any official gameplay yet.

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