My Neighbor Alice (ALICE): Is It A Good Investment?

tl;drMy Neighbor Alice, or MNA, may be a new multiplayer builder game that appears to engage not just blockchain game players but the overall gaming community through its intuitive blockchain-powered features and fun player-driven storyline. The project proposes to push the concept of "Play to Earn," as popularized by Axie Infinity in the crypto space. Financially, although ALICE performed not badly over the last month in terms of ROI compared to the cryptocurrency market's average, It Also has seen a jump in market cap and price. Also, ALICE's popularity in social media has increased over the last five months. Impressive!
My Neighbor Alice (ALICE): Is It A Good Investment?
My Neighbor Alice (ALICE): Is It A Good Investment?
How do you rate this post?
Good
Average

Introduction

My Neighbor Alice, or MNA, maybe a new multiplayer builder game that appears to engage not just blockchain game players but the overall gaming community through its intuitive blockchain-powered features and fun player-driven storyline. The game is centered around the features of a posh of islands and the world of Alice on which anybody can purchase and develop plots of land by filling it with their creations. The sport is analogous to Animal Crossing in its quirky and kooky design and incorporates a strong decentralized finance (DeFi) element to that — ensuring it appeals to the more niche crypto audience.

My Neighbor Alice is an outlet for social interaction. Creativity features are a narrative-driven story as players are ready to hinge upon their plots of land and boast what they have created to their friends and other players. Most items within the game are represented by non-fungible tokens (NFTs), which the player wholly owns. It is being developed by Antler Interactive, aVR-oriented game studio mobile and with several popular games in its portfolio, including SVRVIVE and Krystopia: The Deus Helix.

This game is shortly following a February 2021 Strong Holder Offering (SHO) conducted by DAO Maker. It is also the native governance token for the sport, was launched on Binance Launchpool in March 2021. ALICE is the native token for the My Neighbor Alice game universe and may be used for the following:

  • In-game Currency: Purchase assets and unique skill sets in Alice's marketplace and the game.
  • Governance: Participate in the governance process through a Decentralized Autonomous Organization (DAO) and vote on improvement proposals and platform developments (e.g., development and platform operations). Voter incentives will be introduced to promote voter participation.
  • Staking: Stake ALICE tokens to earn a percentage of platform revenues (asset sales, transaction fees, and plot sales).
  • Player Incentives: By completing quests in the game, players can earn ALICE tokens. This form is to encourage a user to maintain traction and participation in the game.

The project proposes to push the concept of "Play to Earn," as popularized by Axie Infinity in the crypto space. 

How Does My Neighbor Alice Work?

My Neighbor Alice emphasizes an open-world format that permits players to travel across the assorted islands to interact with players and in-game characters, Like many builder games. Players navigate the planet of Alice using their customizable avatar.

The virtual islands that compose the sport are divided into individual plots of land, most of which the players can eventually own. These designs of land are each represented by a singular NFT, which might be sold or traded by the owner. They are highly customizable — allowing users to feature decorations and alter the terrain to form their unique patch.

As a story-driven game, MNA features a spread of quests and activities for players. Although the main points on how this can work done don't seem to be yet available, the My Neighbor Alice study indicates that except for official quests, the community will be ready to create their events and pool their resources together to realize shared purposes.

In-game assets in AICE are represented by might vary in their rarity and NFTs . For instance, there is a fixed supply of land, while some items are editions. Users that make their items will be ready to control their scarcity by specifying the number of copies that will exist. 

Financial Analysis

My Neighbor Alice price today is $13.78 with a 24-hour trading volume of $185,537,509. ALICE price is down -10.5% in the last 24 hours. It has a circulating supply of 17 Million ALICE coins and a total supply of 100 Million. At the time of writing this post (November 12, 2021), ALICE's Return On Investment (ROI) over the past month was 19%, underperformed in 'Metaverse, DaoMaker Ecosystem, Non-Fungible Tokens (NFT), Gaming' categories which had 2044% growth over the past year. Alice underperformed in crypto market which had 1242% growth over the past year.

Another critical factor in the success of any project is gaining public attention. Our data shows that ALICE's Twitter account saw a growth of 69% over the last months in the number of followers, which is considerable. However, the Telegram channel users had a 37% growth over the last months.

Over the last five months, ALICE's Market Capitalization rank followed an overall increasing trend, starting at the rank of 310-264 on Jun -Sep 2021, reaching 250 in Oct 2021. However, by the time of writing this post, ALICE's market cap rank is about 307, and its value is $240,612,160 Billion. Moreover, its liquidity score is 55% above the market's average score, making it relatively easier to sell in bear markets.

You Are Saying That My Neighbor Alice (ALICE) IS The Best Cryptocurrency To Invest In?

It is important to note that every person has various financial situations and decisions. Everyone should carefully analyze their financial situation and then decide where to invest based on their preferences. Therefore, there is no personal prescription that works for everyone.

On our website 'Cryptologist', we provide all the information and market articles you need to support you in making the greatest out of your investment. We do all the hard work so that you can focus on making your best probable investment decision.

How do you rate this post?
Good
Average

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation, or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation, and legal advice.

© 2022 - Created by Cryptologi.st