Arenum plans on expanding its reach on a global scale by integrating the P2E model with HitBTC on its gaming platform to develop its upcoming metagame, leading to a P2E revolution in the esports gaming industry.
On 11th April, HitBTC announced that Arenum, a gaming platform, will be coming to HitBTC for trading and staking.
Arenum, with the token name ARNM, has more than 2 million users on its platform. Despite having huge traffic, it aims to become the top esports gaming platform by adopting the latest blockchain technology available.
Arenum’s partnership with HitBTC will completely change the workings of the platform. Some people might not accept these changes, but the company is optimistic that adopting the P2E model will facilitate users with more gaming options. It will help gamers earn money while playing their favorite games, and the users could use that money in the blockchain world practically.
Since the company is the first in the industry to work with HitBTC, the success of this project will lead to the P2E revolution in the gaming world.
Arenum is a cutting-edge metaverse mobile gaming site that people can download on their phones to play online tournaments. It is basically an esports gaming platform.
Arenum plans to integrate with blockchain technology and crypto-based P2E mechanics to better the experience for users. The gaming platform already uses the P2E mechanics in its games.
Currently, the users can earn fiat currency by playing games through the Arenum platform. The gamers can earn on Free Fire, PubG Mobile, Brawl Stars, and Call of Duty tournaments.
This partnership announcement will bring more games, namely, Rise Up, 2048, Merge Master, Knife Hit, Diamond Jump, Match 3, and BoomBalls. The new games being developed will equip users with maximum functionality and features like multiplayer options on online battle arenas, more additional shooters, card duels, bubbles, match-three mechanics, and others.
Since Arenum already has 2 million users, the tournaments can take place more often with player diversity.
The highlight of these changes is to help people earn money. Once people play these games and win tournaments, they will receive rewards that can be converted to Arenum tokens in the cryptocurrency. The world is anticipating this partnership for this very reason.
The company believes that by bringing Arenum’s cryptocurrency to the platform, the winners can receive immediate payouts for their earning assets in the games, which will not only increase or regulate the money flow but also be resistant to censorship. The users can then use the cryptocurrency on the Solana blockchain.
Arenum is expected to increase in users population following its crypto-gaming platform launch. It will be one of the fastest flourishing adoptions and deployments of P2E technology utilizing cryptocurrency in its model.
Arenum’s upcoming NFT metagame
Arenum’s team of developers and professionals is aiming to make a breakthrough in the metaverse by launching an NFT game utilizing the P2E mechanics.
The NFT metagame will be a monster army auto-battler game. As the users complete their missions, they will receive awards in the form of chests of cups. These chests of cups will reveal different types of monsters as NFTs on the Solana blockchain. The goal will be to collect maximum monsters and build an army to battle in tournaments.
The metagame is an exciting addition to Arenum’s games that will bring more users and increase interaction between players.
In terms of how players and Arenum will earn money through its metagame, Arenum explained that this gaming platform will enable companies and brands to sponsor tournaments. They can sponsor players and directly transfer money using ARNM tokens to the winning team without any complications.
To remain independent of sponsors, Arenum will also sponsor tournaments. So, in a way, these companies will only work as a boost to Arenum’s ecosystem, while Arenum remains independent of sponsorships.
The team experienced the Solana blockchain to be more open to Arenum’s crypto model, so they switched to that blockchain. The company will operate through small contracts architecture and utilize other characteristics provided by Solana.
Arenum is here to revolutionize the gaming industry, and the metagame is ready to kickstart the company’s mission.
Arenum and Solana
Arenum is benefiting from the Solana blockchain by using every option it offers to better its platform and its upcoming metagame.
Arenum has already collected 12,000 addresses during the start of the decentralized offerings exchange. Furthermore, in a private round, the company was able to attract financial backers from
- Oracle Investment Group
- Vendetta Capital
- Kernel Ventures
- New Tribe Capital
- Seven O’Clock Capital
- Kucoin Labs
- Pluto Digital Venture Capital
and other 20 crypto funds.
This sudden burst of interest shows that people are more than ready to welcome this new game that will integrate cryptocurrency and the P2E model to give an experience to users.
Arenum hopes this GameFi strategy will boost its ecosystem and bring more users to interact with it to keep it functional and progressive for gamers and traders. Right now, Arenum holds 60,000 members in its crypto community which is expected to increase after the game’s launch.