Fantasy web 3.0 game Chibi Clash launched its “Kingdoms Alliance” event which will see players compete for rewards from July 2 to July 22.
According to a July 2 Chibi Clash announcement, the event is a result of a collaboration between 21 partners including AI Arena, Apeiron, Pixelmon, Pirate Nation, Shrapnel, The Beacon, Xterio, Yield Guild Games. The event will see players pledge allegiance to the project of their choosing, form alliances and compete over 2,496 strategic land plots.
Players are awarded daily action points allowing them to explore the aforementioned land plots with additional points being given to those holding non-fungible tokens (NFTs) and completing achievements in the game. Players who hold designated NFT collections issued by partner projects will be awarded double Kindom Points for play-to-airdrop challenges during the event. Chibi Clash CEO Ted Mui said:
"We're excited to launch the Kingdoms Alliance Event, where collaboration and competition will define the gameplay experience. [...] This event exemplifies our commitment to fostering community engagement and strategic depth within our game.”
The event’s prize pool holds 5,000,000 Clash (CLH) tokens that will be distributed to players among the top five highest ranking alliances and land NFT owners after the token generation event. According to CoinMooner data, this is equivalent to a prizer pool of about $31,000 as of July 3.
Chibi Clash is not a new project by crypto standards. The team behind this play-to-earn project raised $3 million in a private round to build the game back in late May 2022.
The round saw the participation of major players including Polygon Ventures, Alliance, Genblock Capital, Jump Capital, C² Ventures, Kyros Ventures, NGC Fund, PANONY, PetRock Capital, Shima Capital, Avocado DAO and Rainmaker Games. Urvit Goel, VP of Games BD at Polygon Ventures at the time promised that the firm will “fully support their development of groundbreaking play-and-earn gaming ecosystem on Polygon."
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
