Wormfare is a collectible PvP card game where the user controls a team of worms represented as transferable and tradable NFTs. GameFi project from Ukrainian developers was announced at the end of 2023 and raised $360,000 at the pre-funding stage.
Denis Krasovsky, CTO of the project, noted that Wormfare combines gameplay and a scheme to influence the world through the Quest-to-Earn model. The latter creates the utility of the in-game token WOFR.
“We incentivize players to use WOFR in tournaments, duels, and marketplace. Our Quest-To-Earn mechanics allow us to respond quickly to community interests by removing uninteresting quests and adding new ones. All of this increases the utility of our token and ensures the long-term growth of the project,” Krasovsky said.
WOFR is also used to pay commissions in the Polygon network via the Meta Transactions standard (ERC-2771). According to the CTO of the project, this approach solves the problem of token depreciation.
Marketing Director Maxim Baburin added that the team chose Polygon to develop the game because they believe it is the most environmentally friendly blockchain. According to him, one of Wormfare’s missions is to have a global impact on the environment.
Features of game cards application
According to the project founders, the card rarity mechanic is an important gameplay aspect of Wormfare. Thanks to it, users can interact with the game for a long time and see their progress. Increasing the level of cards gives two main bonuses: improved characterization (for example, it will deal more damage to the opponent) and a change in the design of the item.
The team noted that all game cards are in lootboxes. The quality and quantity of cards in them directly depends on the player’s level. The user can get them in several ways: for increasing the level, achievement in the game or fulfillment of daily tasks. If necessary, duplicate cards can be exchanged for WOFR using the marketplace.
Speaking to Cryptonicorn, Maxim Baburin said that WormFare is actively exploring opportunities for cooperation and integration with other NFT projects in an effort to expand the game’s ecosystem and offer players even more opportunities to interact with the world of digital art and collecting. In particular, the team plans to enter into a number of partnerships with well-known NFT platforms, artists, and other gaming projects.
How steaking works in Wormfare
When steaking WOFR tokens, the standard APY rate is 15%. The developers have implemented the Motivated Staking mechanism, which involves a step-by-step increase in yield for completing quests. A player can improve APY up to 500% by completing various quests.
Denis Krasovsky noted, the steaking contract has been audited by Hacken and Certik:
“Our staking contract is organized in such a way that we have no control over users’ funds. At any time they can apply to withdraw their assets. The procedure takes two weeks.”
Flexible Staking with a commission reimbursement mechanism is also available to players. According to the CMO of the project, it provides for the creation of a reserve at the expense of users who are ready to lock their tokens for a long period of time. The commission initially charged is split between the rewards fund and the treasury. This ensures a continuous flow of resources to reward active participants and support the game’s economy.
Baburin added that this approach helps to reduce the supply of tokens on the market, which can have a positive impact on their price by increasing demand. This, in turn, attracts new investors and keeps the community interested in the project.
Application of the Quest-to-Earn model in the real world
Representatives of the project stated that Quest-to-Earn provides an opportunity not only to immerse yourself in exciting adventures, but also to receive tokens for completing various tasks. This model allows to increase the APY of players, motivating them to be active both in the virtual and real world.
All quests in Wormfare fall into several categories:
- Gameplay – for example, you need to take part in three tournaments or use a certain card;
- social – subscribe to Wormfare accounts in social networks;
- real-life quests. Such quests are aimed at certain actions in everyday life. For example, cleaning the park or beach, sorting garbage.
According to the developers, real-life quests not only help improve the environment and draw attention to environmental issues, but also allow players to earn rewards by making a real contribution to the protection of nature.
“The Quest-to-Earn model in the Wormfare game creates motivation for players to participate in a variety of quests, unites the game community around important social and environmental initiatives, and provides real incentives for active participation in the life of the game and society” – Maxim Baburin emphasized.
In addition, the game has a system of charitable donations aimed at supporting volunteer organizations. Users can independently choose the percentage of rewards that will be transferred to such structures when distributing awards.
The team also plans to launch a cooperative Squad mode, which will allow players to gather in groups and challenge other Wormfare participants. This mode will be available in future versions of the game.
Project Tokenomics
As Baburin noted, the Wormfare token will play a central role in the project’s ecosystem, offering users a unique set of features and benefits:
- Flexible Staking and Motivated Staking with the ability to increase APY;
- Participation in voting – the community will be able to influence the strategy and further development of the project;
- transactions with NFT, including selling and exchanging, using skins and characters;
- access to exclusive content and special missions;
- economic sustainability that will ensure continued player engagement.
As part of the AMA session, the Wormfare team announced an art contest for Discord project members. It also announced weekly drawings for the community with prizes in USDT Stablecoins.
