MyNeighborAliceALICE
$1.86
Market/Exchange
ALICE Price Prediction and Price Movement
ALICE is up 57.25 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of ALICE can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, ALICE has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on ALICE's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
MyNeighborAlice Price Chart
About MyNeighborAlice
What Is My Neighbor Alice (ALICE)?
My Neighbor Alice is a farming-themed play-to-earn builder game built on Chromia. The game bills itself as a place where “players can buy and own virtual islands, collect and build exciting items while also making new friends.” Each player has their own avatar representing them in the game, which they can modify as they please. Players can buy virtual real estate from Alice, the game’s eponymous central figure, or the internal marketplace. All purchased land is represented as an NFT.
My Neighbor Alice aims to introduce blockchain to millions of players and targets a diverse gaming community within the traditional gaming market. Although the game is blockchain-based and integrates DeFi features, it does not require prior knowledge of cryptocurrency and blockchain. My Neighbor Alice takes inspiration from several popular sources. For instance, daily in-game tasks and social aspects are inspired by Animal Crossing, whereas Minecraft serves as a role model for building mechanics. The artwork was inspired by the Swedish children’s book Pettson and Findus.
Who Are the Founders of My Neighbor Alice?
My Neighbor Alice was built by Antler Interactive, a Swedish interactive mobile game studio. Antler Interactive was previously known as SVRVIVE Studios, a pioneer in VR that released titles like SVRVIVE: The Deus Helix, Kartong - Death by Cardboard, Krystal Kart AR, Krystopia: A Puzzle Journey, Krystopia, and Nova’s Journey. In 2019, Antler Interactive was acquired by ChromaWay, a blockchain development company that is behind the Chromia blockchain.
Thus far, the game has amassed $2.1 million in two rounds of funding from VC funds like Coin98 Ventures, Kyros Ventures and raised $100,000 in an IDO round on DAO Maker.
What Makes My Neighbor Alice Unique?
My Neighbor Alice aims to set itself apart in two ways. First, its unique style that incorporates the character of Alice as a relatable “in-game friend” makes the game more personable to casual players that are not familiar with classic blockchain gaming features. In addition, the game does not force players to interact with the underlying blockchain technology, although it allows those who are curious to explore classic DeFi functionality.
Players can engage in various activities designed to appeal to the game’s wide target audience, including women. The central game feature is virtual islands, of which there are six:
- Snowflake Island
- Medieval Rest
- Nature’s Rest
- Lummestad
- Sandy Coast
- Submerged Island
Players can buy virtual land in the form of NFT tokens on these islands and decorate it with in-game items like houses, lakes, decorations, animals, plants, and others. Players are represented by their avatars, which can also be customized with in-game items. All of those are tradeable through the marketplace or marketplaces on other blockchains.
Moreover, players can boost their reputation by completing quests and activities in the game. Shared **quests **enable players to work on a common goal and participate in community-created events that can be discussed on the gme#s decentralized forum.
The game’s developers recently announced an $80 million Metaverse Grant Program that will support the most promising ideas to expand the game’s metaverse.
Related Pages:
Check out The Sandbox (SAND) — an open-world blockchain game inspired by Minecraft.
Check out Decentraland (MANA) — another open-world blockchain game.
Read our deep dive into MyNeighborAlice.
Get the latest crypto news and latest trading insights with the CoinMarketCap blog.
How Many My Neighbor Alice (ALICE) Coins Are There in Circulation?
ALICE is the in-game currency that players can spend on purchasing items or virtual land. It can also serve to generate revenue if a player decides to charge other players for visiting their virtual island. Players can also stake ALICE to unlock special quests, but only if players meet a certain staking threshold. They can also earn ALICE for completing quests and accumulating experience points for the token. Finally, token holders can use ALICE to vote in governance proposals.
The total supply of ALICE is 100 million according to the following distribution:
- Token sale (21%)
- Reserve (20%): used for staking rewards.
- Ecosystem (16%)
- Community & Marketing (15%)
- Team (15%)
- Platform reward (8%): in-game rewards.
- User incentive (5%)
How Is the My Neighbor Alice Network Secured?
My Neighbor Alice is built on Chromia, a layer-one blockchain used in conjunction with Unity to operate accounts, token transfers, relational data, and user progress. Chromia follows the development of cross-chain playability, with its unique database aspects allowing for complex back-end logic directly on the blockchain.
The second layer to the game is Unity. This front-end solution is, in large part, a procedural building system connecting the back-end with login-registration edge case and multiplayer scalability.
ALICE is an ERC-20 token on Ethereum. Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications. Its’ proof-of-work consensus mechanism requires miners to mine new Ether and ensures that Ethereum is one of the safest blockchains in the crypto industry. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.
Where Can You Buy My Neighbor Alice (ALICE)?
ALICE is available on Binance, Mandala Exchange, Huobi Global, FTX and KuCoin.