10x xPet in 10 days introduces a new way to play in the adventure mode. Can it continue to be popular?

As we all know, the scale and magic of the gaming industry are huge.

After the introduction of tokens, the magic of Web3 games seems to be even greater. Not to mention the Web3 games that combine SocialFi and GameFi.

With the help of the recent GameFi hot market and the introduction of new gameplay, the dual tokens XPET and BPET of the Web3 SocialGameFi mini-game xPet have both risen sharply recently.

xPet Introduction and Gameplay

xPet is an Arbitrum chain pet game that is parasitic on the Twitter platform through a browser plug-in. It is similar to QQ Pet. By feeding the pet, the pet earns tokens by engaging in production activities.

It only takes two steps to get a pet: 1. Install the plug-in https://xpet.tech on your PC browser; 2. Log in with Twitter authorization and fill in the invitation code: xpet_7ae971c6.

For specific gameplay, please refer to Golden Finance's previous report "Will xPet, which allows you to earn money by raising pets while browsing Twitter, explode SocialGameFi?"

6x, 10x, xPET dual token price surges

In the past month, the GameFi market has been hot, and the prices of multiple GameFi tokens (such as Axie and Alice) have risen sharply, with all increases exceeding 30% within 7 days.

Source: Coingecko

Benefiting from the GameFi boom and the launch of the PvE adventure mode on xPET, both xPET's dual tokens XPET and BPET have risen sharply.

XPET price chart, rising from 0.2U on December 17 to 1.3U.

BPET price chart, rising from 0.1 U to 1.2 U on December 17.

As shown in the above figure, XPET increased 6 times in 10 days; BPET increased 10 times in 10 days.

Interpretation of xPET Adventure Mode

When xPet was first launched, the gameplay was extremely simple. After logging in to Twitter to claim the pet, you could leave it idle and let the pet generate Berry and BPET tokens to benefit from it.

This is just SocialFi gameplay using the Twitter platform. It is far from being a Web3 game and is far from being attractive enough.

On December 26, xPET officially announced the launch of the PvE (Adventure) mode (https://app.xpet.tech/). All pet owners with pets at level 10 or above can now experience the PvE mode.

The adventure is divided into three levels, each corresponding to a different area your pet can participate in:

Area 1: Pets from level 10 to level 29 are eligible; Area 2: Pets at level 30 or above are eligible; Area 3: Open only during special events, it may be open to everyone or limited to those who meet specific criteria, depending on each event.

The rewards in adventures are mainly BPET. This BPET comes from 10% of the total revenue generated by users' purchases in the xPET store, pet upgrades, and factory upgrades the previous day. This 10% of the total BPET revenue is evenly distributed to the adventure tiers based on the player ratio in each area. The higher the level of the pet, the more BPET rewards it will get in adventures. Area 2 adventures will get more rewards than area 1 adventures.

But it is worth noting that claiming rewards in PvE will reduce your pet's level by 3 levels.

In addition, participating in the adventure also has the opportunity to obtain 1-star to 5-star xEGG fragments. These xEGG fragments can be combined to create 1-star to 5-star NFT xEGG. xEGG fragments will become assets in xPet.tech's new game. Egg fragments range from 1 star to 5 stars and will appear in your bag after collection. Once enough egg fragments are collected, they can be combined into xEGG NFTs.

Will xPET continue to be popular?

Whether it is a traditional game or a Web3 game, the most important thing for a game to continue is to continue to attract users and attract users to deposit money.

The wealth effect of the rising price of xPET dual tokens attracts more users to enter the game, while the adventure mode uses high returns to attract users to purchase and upgrade pets and factories (it is best if the users can also lock in their returns), allowing some users to obtain high returns to create a wealth effect, attracting more users, and forming a growth flywheel in a cycle.

Remember the setting in the xPET adventure mode that collecting rewards will reduce the pet level by 3 levels? It is to lock BPET, curb inflation, and get the flywheel turning.

The official xPET chart is as follows:

So will xPET continue to be popular? It’s hard to say. It all depends on whether its flywheel can fly.

It can also be expected that xPET will launch various gameplay methods such as PvP battle mode (to increase the fun of the game and attract users) and staking system (to lock the selling pressure with income) in the future to extend the life cycle of the game as much as possible.