‘Off the Grid’ NFT Sales Heating Up as Avalanche Game Plots Expansion to Steam

Avalanche shooter Off the Grid has slowly began to shift its participant base onto the GUNZ mainnet, the place they will commerce in-game gadgets for GUN tokens. Even with roughly 0.13% of its participant base now capable of commerce gadgets, {the marketplace} is heating up, with some gadgets going for 1000’s of {dollars}’ price of crypto.

This all comes because the hit battle royale shooter plots its June enlargement to PC platform Steam—a market that banned blockchain video games from the platform in 2021. That stated, Off the Grid can also be on PlayStation and Xbox, regardless of these platforms additionally apparently not permitting crypto options in video games.

Up till this level, all console Off the Grid players have been enjoying the sport solely on testnet, that means {that a} check blockchain was operating behind the scenes however that player-facing options had been lacking. Consequently, they will’t commerce their gadgets on {the marketplace} for GUN tokens, doubtlessly cashing out 1000’s of {dollars} for uncommon weapons and extra.

Theodore Agranat, director of Web3 at Off the Grid creator Gunzilla Video games, instructed Decrypt this week that the migration to mainnet has first began for under PC gamers, however ultimately all wallets shall be on mainnet. How precisely this may work with crypto options has but to be revealed, given that they are prohibited by Steam and nonetheless M.I.A. in PlayStation and Xbox video games.

Eagle-eyed gamers have noticed that the official Steam itemizing for Off the Grid claims the sport may have an in-game market, probably referencing purposeful crypto options.

On the time of writing, there are simply shy of 16.5 million wallets on the GUNZ testnet, a devoted Avalanche L1 community created to help Off the Grid and potential future video games. In the meantime, there are simply 21,000 gamers on the mainnet—roughly 0.13% of its participant base.

Even with such a small quantity of gamers with the ability to transact on mainnet, already there have been some sizable trades. A Prankster tactical vest bought for $2,393 final week, a ZipperMouth masks was shifted for about $1,100, and a Convict chest rig traded arms for greater than $500. 

These things are tremendous uncommon, with the group believing that lower than 300 ZipperMouth masks had been ever minted, however Gunzilla “reserves the correct” to reissue each ZipperMouths and Convict gear—Agranat explicitly instructed Decrypt that Convict gear will “completely” be launched sooner or later. 

As such, pores and skin collectors now see the Pioneer gadgets—which had been handed out within the first OTG Professional subscription and won’t be re-released—as probably probably the most uncommon set within the sport. Avid pores and skin collector MoneyMagician reported that this has led to an absence of Pioneer gadgets being listed on {the marketplace}. 

This has additionally been the case for the Kestrel Legacy, a gun that had modified stats within the closed play check however had been discontinued, and now’s successfully an ultra-limited pores and skin of the inventory gun. There are different Legacy weapons, in addition to Retro weapons, nevertheless the Kestrel Legacy is probably the most hyped because of its significance to the sport’s lore.

MoneyMagician defined that gamers count on an replace is coming for these weapons, which would come with a reskin and a deepening of the lore behind the gadgets. This replace is what the pores and skin collector anticipates will kick-start the primary batch of five-figure NFT gross sales. For that reason, he stated most collectors plan to carry onto their rarest gadgets for now, anticipating demand to blow up.

“I feel once we see gross sales of 5 figures, the FOMO will kick in laborious, triggering a flywheel,” MoneyMagician instructed Decrypt. “[The update] would trigger new waves of hype and a spotlight onto them, and certainly their worth will rise together with market quantity.”

Agranat declined to supply any extra data on the development of this replace, including that the mainnet rollout is Gunzilla’s fundamental precedence for now.

For now, Prankster gadgets are probably the most sought-after gadgets regardless of being marginally much less uncommon than the Pioneer set; Prankster was launched within the second battle cross within the closed play check, whereas the Pioneer was the primary one. MoneyMagician believes it is because, nicely, the Prankster set merely seems cooler.

Over the previous 24 hours alone, based on OTG DegenRadar, two Prankster Woodpecker weapons have bought for about $600 and $570 in addition to a pair of Prankster shades for $467. On Tuesday, a Prankster Masks bought for $1,008. However none of these gross sales evaluate to the Prankster tactical vest, which commanded a whopping $2,393 final week.

“Rarity isn’t at all times what sticks, however [rather] what the group feels probably the most compelled with,” MoneyMagician defined. “The Pioneer set is inexperienced, a really showy shade, making it laborious to splash on just a few shorts or a vest to make it look good. However the Prankster, it seems wonderful. Provides this Joker vs Batman rivalry really feel.”

Edited by Andrew Hayward