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Coase, a blockchain development company led by Tezos co-founder Kathleen Breitman, is preparing to launch its first product—an online collectible card game called Emergents.
Crypto news site CoinDesk unveiled some of the first details of the game in its Mar. 18 coverage.
How Emergents Works
Though Emergents’ gameplay is unique, the game will rely on card-based combat similar to Magic: The Gathering, Blizzard’s Hearthstone, or any comparable game in the genre.
However, Emergents will also make use of plenty of blockchain-based features.
For one thing, players will have full ownership of their Emergents cards. Though Coase will sell and give away cards, players will be able to trade cards without restriction.
Coase will give Emergents cards “memory” as well, meaning that every card’s activity will be recorded on the blockchain. For example, Emergents cards that have been used to win a tournament match will have that data recorded on-chain, giving those cards greater value.
Additionally, Emergents will allow users to provide input on development choices. Card owners will be able to vote through a proof-of-stake system, as described in Emergents’ original paper.
Economics of the Trading Card Game
Coase is using an economic model that it believes is particularly promising.
To generate value, Emergents will rely on bonding curves, meaning that certain cards will become more expensive as Coase sells more cards, but cheaper as those cards are sold back to the company.
Furthermore, each variety of card will be released in fixed supplies to generate demand.
In addition to regular sales, Coase will also offer a special type of sale called a “phantom draft,” which will allow users to buy cards at the end of a game—after they play with those cards.
For payments, Emergents will use Tezos’ native XTZ token rather than a custom token. It will also offer fiat transactions for users who don’t want to deal with cryptocurrency directly.
It’s not clear that Emergents will be vastly different from other collectible games like Gods Unchained and Axie Infinity, but Coase will have a chance to trial its strategy during next month’s alpha test.
Coase’s Larger Mission
Coase is well-equipped to build a trading card game given its current team members.
In addition to Kathleen Breitman, Coase has three key figures on board. That includes Brian David-Marshall, a former comics and game executive, and Alan Comer, a rules designer and ex-Valve employee.
Zvi Mowshowitz, a former professional Magic player and consultant, is on the team as well.
However, Coase’s website implies that Emergents is just its first product. It claims that it will “work on better ways to transact within new digital economies,” according to its website byline.
That means that Coase will probably continue to develop applications for Tezos in the future, alongside other development firms like TQ Tezos (Tocqueville Group).
In the meantime, Tezos appears to be doing well in terms of general development.
It recently executed its latest upgrade, and statistics show that more users are staking their tokens with the platform.
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