Categories: EducationFAQ

What Is Everdragons?

The concept of CryptoKitties has led to a fair few similar projects over the past few weeks. While cars, tanks, and other objects are all appealing, dragons are by far the most intriguing. A project known as Everdragons is trying to capitalize on the allure of these majestic winged creatures and combine them with blockchain technology. There are quite a few potentially interesting things about this concept to take into account.

The Idea Behind Everdragons

While most people would classify Everdragons as a direct CryptoKitties clone, there are some key differences between the two. The former project makes use of real-world events and focuses on gamification first and foremost, with a chance for users to actually win cryptocurrency. It also features blockchain assets, known as Everdragon Eggs, which will hatch when the marketplace goes online.

Under the Hood

There are three key aspects of Everdragons to keep an eye on. First of all, there is the collection aspect, similar to how CryptoKitties works. Users can buy 100% unique eggs with Ethereum. Every hatched dragon has unique stats, including mana, prestige, and gems. These dragons will be tradable on the marketplace once it goes live, which should take place sometime in the next few weeks.

Related Post

Secondly, there is a “play” aspect, as one would expect. Everdragons can compete in various games, giving them a chance to win gems, prestige, and cryptocurrency. All games will be based on real-world events, including sports, cryptocurrency price movements, and so forth. Every dragon will respond to these games differently, depending on their source of mana.

Last but not least, players can also enjoy the betting portal offered by Everdragons. Even users who do not own any dragons can participate in this feature. Anyone who places the right bet on the correct dragon has a chance to win Ether, which will undoubtedly attract some attention down the line. The bets will revolve around real-world events as well, which will make this project highly engaging for most people.

The Road Ahead for Everdragons

Everdragons are ERC-721 tokens, and it will be interesting to see how this new standard holds up. The team is currently launching its Initial Dragon Offering and the associated pre-sale of eggs. Trading of assets should be going live in June, with the Play feature being added in July. Winning Ether will not be possible until September.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Boost your crypto trading game and grow passive income with ValueZone

In the ever-evolving world of cryptocurrencies, the concept of cryptocurrency trading bots has attracted a…

3 hours ago

BlockDAG X1 App & Dogecoin20 Launch on CoinMarketCap

Dogecoin20 Launches on CoinMarketCap: Investors Flock to BlockDAG Following X1 Mobile Mining App Announcement in…

7 hours ago

BEFE Coin: The MEME Coin Revolutionizing Wealth Creation

Do you know about BEFE? This relatively nascent coin is now the talk of the…

14 hours ago

Bitgert Coin: The Crypto Revolutionizing the Market

Indeed, the list of altcoins continues to grow in the crypto world and that’s why…

14 hours ago

Arweave ($AR) Leads Daily Gainers With 17% Surge On Coinmarketcap

Today, the decentralized storage network Arweave ($AR) has captured the spotlight as the top daily…

24 hours ago

Arbitrum Recovers To $1 Amidst Development Activity Surge

Today marked a slight resurgence for Arbitrum as it reclaimed its $1 trading price, following…

24 hours ago