GameFi new gameplay: social token COIN and the rise of “E-Den Syndicate” behind it


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The author of “The Legend of Nakamoto” initiated a social experiment of personal tokens.

Written by Piers Kicks, Partner of Delphi Digital Translator: Lu Jiangfei

Believe that you have never heard of Marguerite de Courcelle (Marguerite de Courcelle), but she is actually well-known in the field of crypto art and published a series of works under the pseudonym “Coin Artist”.

Marguerite de Cource’s first work “Darkwallet Puzzle” can be traced back to the beginning of 2014. This work once became the most viral topic in Bitcoin circles. Her design The route forces fans to try many ways to unlock the paintings, such as using various forms of encoded messages, traversing a large number of digital landscapes, and even having to go through a personalized “Minecraft” server to finally unearth what is hidden in the work. 3.4 BTC.

In 2015, Marguerite de Cource published her most amazing work to date: “The Legend of Satoshi Nakomoto”, as shown below:

In this picture, Marguerite de Cource embedded 5 BTC. It took nearly three years for the “fans” to crack, and finally successfully unlocked the Bitcoin address starting with “1FLAMEN6” and redeemed them. At the time of Bitcoin, the value of 5 BTC has soared to about $50,000.

From then on, Marguerite de Cource began to launch more works of art embedded in cryptocurrency, and it has also been widely recognized in the cryptographic community. After that, Marguerite de Cource collaborated with the well-known “Pineapple Fund” (which holds approximately 5000 BTC in custody) to produce Pineapple Arcade.

GameFi new gameplay: social token COIN and the rise of "E-Den Syndicate" behind it

On September 5th, Marguerite de Cource launched a social token called “COIN”-as an effective supplement to the social token pool, the COIN token was welcomed by the community once it was issued. The first day The transaction volume reached 500,000 US dollars, which fully shows that the crypto market is full of interest in this type of token.

Although the COIN token is very experimental, its real goal is to connect our “real” world with the “E-Den” syndicated fictional world in the “Neon District” game through cryptocurrency. (Chain note: “Neon District” is an upcoming game from Blockade Games, and Margaret de Cource is the company’s CEO. The syndicate is derived from the name of an organization in the game “World of Warcraft”. )

Today, Marguerite de Cource has a certain degree of market influence, so it will be very interesting to see how she integrates creative narrative and cryptocurrency, because it will bring fans a whole new dimension of participation.

“The E-Den of COIN is the first Neo District” syndicate, which can be regarded as a social experiment to a large extent. It is a closed social network, cooperative game, shared brand identity, token gamification, strategic planning And the combination of reward distribution mechanism.

The syndicate will be broken down into a structure beneficial to all participants, and an immersive cyberpunk knowledge community that can be integrated into the Neon District universe will be incubated.

Any ideas, secrets and collaborations from syndicates can be strategically introduced to other social platforms and Neon District. This will be my elite and trusted community. I will personally and creatively participate directly in it, and with other participants Share insights and development more intimately. ”

GameFi new gameplay: social token COIN and the rise of "E-Den Syndicate" behind itIn the Coin E-Den Syndicate, Margaret de Cource will be the ultimate boss

Compared with other social tokens, the COIN project has a better market environment, and the future development of the project is very worthy of attention.

For such a good project, it would be really a pity if it was not targeted by the “giant whale”. In fact, the COIN project started with a simple task, namely: democratizing high-end NFT investment.

The creator of the NFT investment is a giant whale named “WhaleShark”. It is said that he has spent more than $1 million in free funds to acquire a large number of the most sought-after NFTs, involving art, games, virtual real estate and other collectibles. In this area, all these collectibles are stored in The Vault, which is actually the value basis of social tokens. The COIN project will be regularly audited by the Nonfungible team to provide token holders with complete project transparency.

Since its establishment in the summer of 2020, the price of COIN tokens has risen from the initial $0.15 to a maximum of $6.69 (about $3.93 at the time of writing this article, and the currency price was about $0.44 when the Chinese version of the article was published), with a market value of more than 1500 Ten thousand U.S. dollars.

The potential of social tokens cannot be underestimated.

Although social tokens may still appear less mature than the broader crypto market, so far, the market acceptance of this vertical field is relatively good and encouraging. For those “veterans” with huge market influence in the native encryption industry, they are testing this budding “toolset” in various ways.

Generally speaking, before a “mainstream” idea really becomes popular, we are likely to see a so-called “success paradigm” emerge-in fact, social tokens are being used in a way we have never seen before. Trading based on speculative assets of personal brand.

This kind of transaction is very interesting, but more importantly, social tokens can be used to incentivize certain forces that cannot be ignored, allowing the most avid fans to make speculative bets on their optimistic “creators” very early (this This bet is usually also before the token use case is fully formed).

With the continuous development of Neon District games, the influx of a large number of new players, and the emergence of more and more “syndicate” stocks outside the boundaries of the game, we expect to see a substantial increase in the market’s demand for COIN tokens.