Last Updated: 7/1/2018
By now, all of you have heard about Cryptokitties which broke the ethereum for a fews days with virtual cats. Cryptokitties created this blockchain pokemon frenzy in which digital cats which were sold on the blockchain for over 100k USD per cat.
Today, i’m sharing with you the latest upcoming craze, Pet Planet, which was launched yesterday.
Why Pet Planet will take off
Pet Planet is the first major Dapp created by the Tron Foundation (TRONIX) & Game.com. For all of you that is not familiar with Tron, it is the best performing cryptoasset in Dec (40 times return) growing from 139 million (Dec 4th) to 5.5B today based on Coinmarketcap.
They have a proven model copied from Cryptokitties and a massive following on Twitter to promote their game
How to get started
Currently, the game is extremely new with almost zero documentation. The website now is completely in Chinese, so you will have to use google translate if you don’t understand chinese. The international version will be coming up soon.
Once you sign up with a username and password on the website, the game will ask you to deposit in either TRX (TRX) or GTC (Gamecoin) token.
To get TRX, you need to buy them on Binance and transfer them to the wallet provided by the game.
Wallet topped up with 20000 TRX (Website was translated using google translate)
Once you have the TRX in your wallet, you can browse for pets in the marketpace. There are three options: Browse by Pets, Browse Pet Stores & Adopt a random Pet option.
Sample View of the Pet Store Summary Page
View of the Pet Store
In the Pet store, you can choose the pets you want to buy, or buy a mystery pet with 400 TRX.
Buying each pet will give you free Game Tokens, which can be converted back to TRX tokens (1 Game Token for 5 TRX). If you can lucky, it is possible that you win game tokens that is worth more than the cost you paid in TRX.
Type of Pets
Pets are classified into 4 tiers — Common, Rare, Epic & Legendary. Currently, pets are being sold for 200 TRX now. Rare, Epic & Legendary pets appear in shops with a much lower chance. It is expected that you will be able to breed pets and upgrade pets to the next tier.
There is a pet encyclopedia that will show you all the pets that you can possibly obtain (think pokedex in pokemon go).
How do I make profits?
To start selling the pets, you will need to deposit 20,000 TRX which is used to buy a pet store which will allow you to sell pets. Note that without a store, you are not able to sell the pets that you bought.
Based on the web description, having a store will entitle you:
- 100 common pets included in the package (worth 200 TRX each).
2. After selling your 100 pets, you will have an option to purchase randomized pets from Tron to sell more pets.
3. You will get a commission (paid in TRX) for each pet. The estimated commission is between 5 to 10%.
4. Store is refundable and you can sell your store back to Game.Com (the company which runs the game)
I looked through the current 100 shops that are open and most of them have already sold 50–70% of the pets.
A mostly sold out pet shop
I hope this short guide helps, especially or all of you that don’t understand Chinese.
This game is still quite new and has lots of room to grow. Leave your comments below if you have any comments or things to add as we are all learning together!
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Kenneth
Co-Founder, FundYourselfNow