Honor World was founded with the vision of being an innovative GameFi platform integrating Gaming, DeFi, NFT, DAO and other elements to explore the unlimited possibilities of GameFi.
Overview
Honor World is an innovative GameFi platform. It was established by users, manufacturers, developers, and other communities. This platform, which is completely owned by the users, organically combines DeFi, NFT and GameFi. Users vote to determine the direction of the platform, as well as to have ownership and the right to use the platform’s NFTs.
Within this ecosystem, creators and content producers can freely exhibit the products they have produced and receive awards. Honor aims to provide an infrastructure for game developers to develop and grow together good games based on its platform.
Hero NFT
The Hero NFT of the Platform appears as an on-chain asset and has different usage areas. You can get rewards by farming with these NFTs which can be bought and sold in the market. In addition, Hero NFTs play a critical role in games.
Obtaining an NFT
The Honor system provides an opportunity for players and platform traders to become owners of unique NFTs. Crystal is the NFT that follows the ERC-1155 standard. Players can get hero NFT of different quality according to the possibility with summoning the crystal.
NFT Farming
In addition to being able to participate in various games in the ecosystem, we mentioned in the upper sections of our article that hero NFTs have more usage areas. Players can stake their NFTS in Honor World if they wish and are rewarded with HWT, the platform’s token, in return.
NFT Marketplace
NFT Marketplace is a decentralized trading marketplace where hero NFTs can be freely traded.
DAO
Honor World believes that DAO management should not be limited only to product functions and settings. Furthermore, they believe that for effective governance, users should be given the right to manage platform assets.
Holders of the platform’s native token, HWT, have the right to governance over the platform and will have the right to manage the platform’s vault and decide the future of the platform.
SoulHWT
In terms of community governance, Soulbond HWT is a token obtained by linking HWT to the player’s account. SoulHWT holders get other rights along with participating in community management.
The goal of SoulHWT is to boost LP farming and get a farming boost of up to 2.5 times. At the same time, as we mentioned above, DAO voting is for authority in governance rights.
Game Portfolio
The games that are currently actively playable in Honor World’s ecosystem are:
- Dragon Treasure
- NFT Farm
Soon, the NFT Park will also be included in this list.
Tokenomics
The token, aka $HWT, is the governance and gaming token of the Honor World platform. The token allocation of the $HWT token with a total supply of 1,000,000,000 (for the first year) is as indicated in the table below.
The economic model developed by Honor World in order for the project to be long-term and sustainable consists of the following:
Road Map
When we examine the roadmap of the Honor World project, we observe that everything promised by the project developers until the date of writing (2022.Q4) has been fulfilled.
2022 – Q2
- Honor World design
- NFT Farm design
- Dragon Treasure design
- Product and game development
2022.Q3
- Product and game development
- NFT Park Design
- Soulbound Design
- Smart contracts audit
2022.Q4
- NFT Farm alpha test
- NFT Farm beta test
- Souldrop
- Mystery Box presale
- NFT Farm launch
- Dragon Treasure test and launch
2023.Q1
- Soulbound NFT launch
- NFT Park test and launch
- NFT Parking: Gem
- Dragon Treasure quest
2023.Q2
- NFT Parking: Alchemy
- Honor World SDK
- Dragon Treasure BOSS raid
- New game design
2023.Q3
- NFT Leasing
- NFT Creator platform
- Dragon Treasure PvP
- New game development
Partners
Honor World’s partners are Arbitrum, Certik, Token Pocket, Metamask, Dappradar, TopuNFT, NFTb, BitKeep, Wombat, and Math wallet.
Summary
Honor World is an innovative GameFi platform and was founded by users, manufacturers, developers and other communities. The Hero NFT of the Honor World Platform appears as an on-chain asset and has different usage areas. Honor World believes that DAO management should not be limited only to product functions and settings. Furthermore, they believe that for effective governance, users should be given the right to manage platform assets. There are currently Dragon Treasure and NFT Farm as actively playable games in Honor World’s ecosystem. The Honor World Token, aka $HWT, is the governance and gaming token of the Honor World platform. According to the roadmap, half of the project has been done as of the date of writing. Finally, it is possible that we can say that this GameFi platform is strong in terms of partnerships.
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