Exploring The GameFi Projects Listed Under Primelist
If you follow Huobi Global on Twitter and other social media platforms, you’ll find that we frequently talk about Primelist.
What is Primelist?
Primelist is a special avenue that Huobi uses to list promising tokens. While Huobi lists many tokens over the course of a given month, we save certain projects for Primelist.
Such tokens are oftentimes in hot demand, and it’s difficult for users to get an allocation at listing time.
So, we created a better way to decide which users get allocations. Those who hold Huobi Tokens (HT) for a certain period of time are eligible for a new Primelist token allocation.
This enables us to reward loyal users. Those who only hold USDTs can wait until listing day to queue for numbered tickets.
For ARKN’s token listing, over 86,000 people from 123 different countries participated, holding a daily average of >2.3 million HT.
But you might ask, what does Huobi look for in a token?
In short, we look for projects with four things:
1. a mature, feasible business model,
2. a quality community,
3. a long-term growth plan
4. a quality product.
As of late, Gamefi is hot – the potential for games to create their own in-game economies and reward players with real, meaningful rewards could lead to exponential growth down the line.
Below, we take a look at some of the newest Gamefi tokens listed through Primelist.
KingdomX: A Medieval War Game Set in the Metaverse
KingdomX is an action game set in medieval times. Source: KingdomX website
KingdomX Token (KT) is the primary native token used in the medieval war game “KingdomX”, a NFT game set in the metaverse.
The game was founded by a team of experienced developers and core members from prominent companies such as Ubisoft.
By bringing together decentralized finance (DeFi) and non-fungible tokens (NFTs) technology, the game aims to overcome traditional issues within the traditional gaming industry such as value inflation.
Oriented towards player vs player competition, the game operates on a Play-to-Earn (P2E) basis by providing players with economic rewards (tokens) for accomplishments within the game.
Players can collect heroes, complete tasks, undertake war campaigns, and build up their own kingdoms.
The KingdomX Token (KT) is the core native token used for rewards, value transfer and governance – users can accumulate KT through early project contributions, completing certain tasks within the game, and/or purchasing them on crypto exchanges such as Huobi Global.
KT can be used for staking, bottoming, leveling up, recruiting/upgrading heroes, and much more.
But what’s more is that KT is just one of four key assets in the KingdomX game, in addition to heroes, land, and KNT (functional tokens).
Heroes and land are NFTs that can also be exchanged for tokens; all four types of assets can be traded with other players.
Ark Rivals: an Action Strategy Game Set in the Future
Ark Rivals Token (ARKN) is the main game token within the sci-fi action strategy NFT game Ark Rivals.
Set during a factional war in a futuristic space setting, Ark Rivals encourages players to customize base ecosystems to bolster defenses, accumulate resources, and prepare for offensive campaigns.
Ark Rivals is a futuristic war strategy game. Source: Ark Rivals Official Website
The game is based on user-generated content and introduces the concept of digital ownership to mainstream players. Based on a Play-to-Earn (P2E) model, Ark Rivals rewards players with economic incentives (such as ARKN) for accomplishments within the game.
The token can then be used for NFT creation, mining, governance, staking, faction war rewards, Create2Earn, and more.
Who are the founders behind Ark Rivals?
CEO Ginha Do has been in the video game industry for over 20 years and worked on games such as Asphalt and Assassin’s Creed at companies such as Gameloft, Galaxy Play, and Microsoft.
CMO Johnny Tri Dung hails from an extensive crypto and gaming background, as do a majority of the company’s management and creative team.