Fantom surges 27% amid D&D hype on channel

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Key Points to Remember A new fantasy role-playing game called Rarity is bringing new users to Fantom. The FTM token has risen 27% in the past 24 hours, reaching a new all-time high of $ 1.73. Over the past 30 days, Fantom has grown by 483%. Share this article

A chain-based Dungeons and Dragons-inspired game called Rarity has exploded in popularity this week. Since the game’s launch, the FTM token has reached new all-time highs.

Fantom hosts a set of text files

Fantom has become the home of a new kind of crypto game.

Rarity is a text-based role-playing game made by interacting with smart contracts on Fantom. Players create a summoner, choose a class, and then embark on daily adventures to receive XP and level up. As players progress, they gain the ability to craft rare items that can be sold or traded with other players.

A newly created summoner. Source: @bantg

Since the game went live on September 5, more than 120,000 players have interacted with the smart contract and created a summoner. At the same time, the FTM token continued its meteoric rise, gaining over 27% in the past 24 hours. After the upsurge, FTM hit a new all-time high of $ 1.73 before calming down on Tuesday morning.

Rarity is a passionate project by cult builder DeFi Andre Cronje. In a blog post explaining how the game works, Cronje detailed her experience with the fantasy role-playing game Dungeons & Dragons, from which Rarity was inspired. Additionally, the recent trend for “text file NFTs” such as Loot played a role in the creation of the game.

Loot is a collection of 8,000 fantasy-themed NFTs that intentionally omit stats, images, and other features for the community to interpret. In the blog post announcing the game, Cronje discussed the bottom-up method of value creation that is gaining popularity in the NFT space, stating:

“Why is magical equipment in games like D&D or Exalted rare? Because there are only a handful of specialized people who can actually create it… What if instead of creating the loot first, we could create the world that people could create the loot in?

Rarity was well received, quickly attracting a dedicated community of players and developers. While Cronje spearheads the development of the game, others are free to contribute and create things like user interfaces and art or discuss future updates on the community’s Discord server. .

https://t.co/IgEotWX3dB crazy…

Directed by @YieldBouncer pic.twitter.com/9wjOui7pST

– André Cronje (@AndreCronjeTech) September 7, 2021

Fantom caught the attention of the crypto community last week when the FTM token increased by over 70% in the space of 24 hours. DeFi on the protocol has exploded, with the total locked-in value doubling over the past month. With the launch of Rarity, the demand for the FTM token has increased as those who play the game need it to pay for the transaction fees. Over the past month, FTM has emerged as one of the top performing assets in the crypto space, gaining 483% in 30 days.

Disclaimer: At the time of writing this feature, the author owned BTC, ETH, and several other cryptocurrencies. Andre Cronje is a shareholder of Crypto Briefing.

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