Arenum is a DeFi platform focused on mobile gaming tournaments. The team hosted 4 IDO events on SolRazr, Trustpad, Occam, and Infinite Launch. The platform is running on the Solana Blockchain.
After a successful set of IDOs and private funding above $1m, Arenum proved there’s a gap in the market for a Solana-powered platform for gaming tournaments.
Although not live at the moment, Arenum is set to launch their play to earn mechanics on May 15th. For the time being, they’re putting the platform to the test with nine mobile casual games and a tournament platform where players can win gems that may be traded for NFTs in the future Arenum Metaverse.
The ambitious project can be segmented into three pieces: the Arenum Platform, the complimentary Scorebeat App, and the Arenum Token – $ARN.
Arenum Platform
Arenum is the tournament platform where players can register for tournaments for PUBG mobile, Call of Duty mobile, Garena Free Fire, and Brawl Stars. Most of them are recurring tournaments, with Brawl Stars being the most popular game with 40+ tournaments per day.
Anyone can register to the platform for free and sign up for the daily tournaments. The details to join the room and participate will be posted 10-15 minutes before the first round starts.
There’s a set amount of gems up to grab for each tournament. Players in the top positions will get the most gems. As of now, gems are not coins or tokens, and they can’t be traded for the governance token ($ARN) – they’re simply in-game collectibles.
Arenum confirmed the gems will be exchangeable for NFTs once the platform releases on the 15th of May.
In its final release, Arenum will include an SDK for all developers to integrate with, and a full incentive platform to reward players that engage with partner games through tournaments, missions, or daily quests.
The main goal of the platform is to provide game developers with the tools they need to attract new players, and the cost per acquisition lowers dramatically if Arenum focuses on matching players with a set of games rather than a single one.
Additionally, rewarding players for spending time in partner games is an effective incentive for the billions of players worldwide to approach NFTs and crypto. The platform is free and will remain free, even after the release.
Free players get limited access to tournaments and have no perks. The more $ARN you stake in the platform, the more tournaments, and perks, you can access.
There’s an overarching game in the Arenum Metaverse, specifically an auto-battler. While winning tournaments in the testing phase will only get you gems, winning them in the released platform will get you tokens and eggs.
Eggs can be bred for a more valuable one or can be hatched to obtain a monster. Monsters can be used to fight in the PvP auto battler.
Scorebeat
Scorebeat, on the other hand, is where the developers are testing out new ideas for…
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