It has often been said that time flies, and that is exactly the case when it comes to CropBytes as it has already been four years since the game was launched.
During that time, the game managed to experience all kinds of success, from being able to help users survive financially through the COVID-19 global pandemic, to reaching new all-time highs in terms of price as well as development.
For those who might not know, CropBytes is a farming simulation game built on crypto.
For CropBytes, it’s more than just creating a farming simulation game, the project’s main objective is to be at the center of the crypto gaming revolution with its naturally designed and sustainable game economy where users can play and earn.
The launch of CropBytes in 2018 was a successful campaign where a lot of game NFTs were sold in the pre-sale. The project gained popularity and an increasing number of players started holding assets within the game.
But the team was quick to predict a drop in NFT asset value with the approaching bear market. After a thorough study and consultations with economics as well as industry professionals, the team concluded that NFTs as a strategy will not be sustainable.
The team quickly moved to FTs (Fungible Tokens) as in-game assets and introduced an order book exchange.
The technique worked, and CropBytes successfully traversed the early bear market without the game’s participants bailing ship, unlike the communities of various other games.
CropBytes began with a basic economy and chose not to have many economic layers from day 1, such as implementing an inflation or deflation protocol, but the team had a clear plan for what had to be done in the years that followed.
