Nakamoto Games (NAKA)

Gaming

Nakamoto Games is used to play games on the platform, allowing users to participate in various blockchain-based games.

Rewards

Players can earn Nakamoto Games tokens as rewards for winning games or completing tasks.

Governance

Token holders can vote on important decisions about the platform’s development and future updates.

Marketplace

Nakamoto Games tokens can be used to buy, sell, or trade in-game items and NFTs within the ecosystem.

Pros

• Diverse Game Selection: Offers over 200 games including AAA and hyper-casual titles, appealing to a wide range of players.
• Play-to-Earn Model: Allows players to earn cryptocurrency rewards by playing games, making gaming potentially profitable.
• Developer Friendly: Provides tools and SDKs for developers to launch and monetize their own play-to-earn games on the platform.
• Regular Updates: Frequently releases new games and content to keep the experience fresh and engaging.
• Ecosystem Integration: Uses the NAKA token for in-game transactions, rewards, and access, creating a unified gaming economy.
• Blockchain-Based: Operates on the Polygon network, leveraging its Proof of Stake mechanism for secure and efficient transactions.
• Marketplace & Community: Includes a marketplace and supports a growing user base, enhancing social and trading aspects.

Cons

• Price Volatility: The NAKA token price can fluctuate significantly, reflecting typical crypto market behavior.
• Underperformance: Recently, the token has underperformed compared to the broader crypto market and similar Polygon ecosystem tokens.
• Gaming Experience: Some reviews mention that the gaming experience can feel less polished compared to traditional Web2 games.
• Market Position: Currently holds a relatively low market cap and dominance, which may affect liquidity and exposure.
• New Platform Risks: As a growing platform, it may face challenges in scaling and maintaining user engagement over time.

For more details, visit Nakamoto Games official site.

Founders and Team

Nakamoto Games was founded by Chawalit Rugsasri, also known as Tor, who serves as the CEO. The project is backed by NAKA Ventures, a tech company based in Bangkok, Thailand, with over a decade of experience in software and gaming development. NAKA Ventures has a team of more than 150 professionals who contribute to the growth and innovation of Nakamoto Games.

Investors in Nakamoto Games

• Key Institutional Investors: Nakamoto Games has several notable investors including Metavest Capital, Avalon Wealth Club, MH Ventures, Contango, and Lotus Ventures.
• Funding Rounds: The project has raised funds through multiple rounds, with the latest significant funding round completed in early 2024.
• Venture Capital Support: Make It Capital, a venture capital firm operating in Singapore and New Zealand, led a $10 million investment round to help expand Nakamoto Games' play-to-earn ecosystem.
• Investor Count: Nakamoto Games has attracted around 15 institutional investors across its funding history.

These investors support the growth and development of Nakamoto Games, helping it build a strong blockchain gaming platform.

Halal Status of Nakamoto Games

• Yes
  Nakamoto Games is considered halal because it focuses on skill-based play-to-earn gaming rather than gambling or chance-based activities. The platform emphasizes fair competition and rewards players for their skill and effort, avoiding gambling elements that are typically not halal.