- 2 Mar, 23
Star Atlas (ATLAS) 101: The Next Big Thing in P2E Games
Star Atlas is a highly anticipated game that many people have been eagerly waiting for. The game aims to go beyond the simple GameFi mechanics of the industry and strives to build a high-end and interactive virtual world. ATLAS, one of the new generations blockchain-based gaming projects, has not yet been released. However, many people are already doing research to find out when the game will be released.
Star Atlas brings together blockchain, gaming, NFT, and cryptocurrency technologies. The game incorporates all these technologies, but it does so in an unusual way from the boring metaverse experiences currently available in the market. Also, the game is being created using the Unreal Engine 5 graphics engine. In this article of Zatrun.com, we will examine what Star Atlas is.
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What is Star Atlas (ATLAS)?
Star Atlas is a next-generation metaverse project that draws players into a futuristic virtual world. The project uses blockchain and cryptocurrency technology to allow users to earn money by playing the game. To do this, the ATLAS coin was released on the market to reward users for completing in-game tasks. The asset plays a key role in trading within the ecosystem, so owning it means having access to many advantages in the game.
The game takes place in the year 2620 and humanity is divided into three enemy factions. When players start the game, they choose one of these factions. Each group has its own advantages and disadvantages that can affect how players play. In the Star Atlas virtual world, players fight for natural resources in an immersive and dystopian future. Players enjoy the latest generation graphics developed with Unreal Engine 5 while battling in space in first-person flight mode.
In Star Atlas, it is possible to explore the metaverse with a small budget. However, a higher investment allows you to command spacecraft, collect resources, and form guilds with other users. At this point, owning ATLAS cryptocurrency is important. ATLAS can be used to purchase items and level up your character. Additionally, it can also be spent to passively earn returns.
For example, armour and spacecraft are featured in the game as blockchain-based NFTs. These NFTs can be purchased with cryptocurrency. The fact that important objects like spacecraft are NFTs ensures that players know that their in-game equipment is their own. Built on the Solana blockchain, the game operates with high speed and low transaction fees. The team has also signed a deal with a decentralised exchange (DEX) for trading tokens.
Is ATLAS Token a Good Investment?
ATLAS is the cryptocurrency of the Star Atlas game. This asset will be used to acquire digital assets such as ships, crew, land, components, and equipment at first. The game has not been released yet, but it has the potential to create a huge hype when it is released. Many users are currently buying ATLAS coins to be ready for the game. The asset is currently the 429th largest cryptocurrency.
In addition, the market value of the game is around $31 million according to CoinMarketCap data. The unit price of ATLAS is $0.003, and there are 9.8 billion tokens in circulation. This corresponds to 26% of the maximum supply, which is limited to thirty-six billion. The asset reached its all-time high of $0.22 in May 2021 and has been constantly declining since then. However, the announcement of the game’s release date or the game’s availability could create a huge hype.
Analysts are expecting a rise in the cryptocurrency market in the second half of 2023, making the future of Star Atlas coin look bright. Price Prediction analysts are forecasting a price tag of $0.26 for the ATLAS coin in 2023. They also predict that the asset will exceed $1 by 2026.
The year 2022 was marked by interest rate increases due to the rise in global inflation. As a result, many investors withdrew their money from high-risk assets such as cryptocurrency and put it into safer investment instruments such as gold. However, global developments in 2023 have the potential to reverse this trend. The release of the Star Atlas game or positive global economic developments could lead to an increase in the price of the asset.