Exploring the Future of Gaming: How Space Misfits and CROWN ($SMCW) are Redefining Play-to-Earn Blockchain Gaming

Coinstore
4 min readJan 16, 2024

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What is SMCW and what does it solve?

Space Misfits is a groundbreaking MMORPG set in a vast space universe, uniquely integrating blockchain technology to revolutionize player ownership and control over in-game assets. This innovative approach addresses the limitations of traditional online games by providing players with true ownership of their assets, allowing for real-world trade and management. The game sets itself apart with its dynamic and immersive gameplay, steering clear of monotonous experiences typically associated with MMORPGs. Players are thrust into a constantly evolving universe with a rich backstory, where they can engage in diverse activities ranging from strategic combats to resource management. The game’s progression is driven by community engagement, where player actions and decisions shape the expansion and exploration of the game world. Adding to the complexity, the lore of Space Misfits is deep and engaging, featuring factional conflicts and alliances that offer both cooperative and competitive gameplay opportunities. This mix of elements in Space Misfits provides a unique and captivating experience, blending traditional gaming mechanics with the latest in blockchain technology to create a world that is ever-changing and player-focused.

Token Overview

  • Token name: Space CROWN
  • Token symbol: $SMCW
  • Total supply: 200,000,000
  • Total circulation supply: 33,405,865

Coinstore Listing

  • Trading pair: SMCW / USDT
  • Trade time: 2023/12/14 20:00(UTC+8)
  • Withdrawal time: 2023/12/14 22:00(UTC+8)

What are the utilities of SMCW?

The CROWN ($SMCW) token in “Space Misfits” serves as a multifunctional element within the game’s ecosystem, addressing both governance and in-game economic activities. As a governance token, it empowers players with voting rights in the Space Misfits Decentralized Autonomous Organization (DAO), enabling them to influence key game development decisions and manage the treasury. This treasury is bolstered by marketplace transactions and JENJ tokens generated from user activities. In the game’s economy, CROWN functions as a premium currency in the player-to-player marketplace, where users can trade in-game items crafted from blueprints. The token also anchors the ‘play to earn’ model, rewarding players for participating in various in-game activities like missions, events, and tournaments. Additionally, CROWN holders can stake their tokens to earn rewards, initially in the form of more CROWN tokens, with plans to expand to NFTs, skins, and in-game perks to avoid dilution. As the game transitions to a more decentralized format, CROWN’s role expands to include funding community projects, organizing esports tournaments, and shaping new play-to-earn structures. This comprehensive utility design integrates CROWN deeply into both the governance and the interactive dimensions of “Space Misfits,” providing a dynamic and engaging experience for players and stakeholders alike.

What does the project ecosystem include?

The “Space Misfits” project presents a rich and dynamic ecosystem that blends intricate gameplay with innovative blockchain technology. Central to its appeal are diverse gameplay mechanics including space flight, dogfighting, mining, NPC hunting, player versus player combat, crafting, building, and various strategic elements like fleet and crew management, job management, tactical planning, and resource management. The game also features exploration across a vast universe, station, planet, and large ship gameplay, enriched by a First Person Shooter mode. At the heart of “Space Misfits” is a sustainable ‘Play AND Earn’ economy, underpinned by two primary assets: BITS and CROWN ($SMCW). BITS, an in-game resource, are pivotal for crafting and in-game services, and are earned through gameplay or staking CROWN tokens. CROWN, an ERC-20 token, functions as both the game’s governance token and premium currency, facilitating player-to-player marketplace transactions and contributing to the DAO treasury. The integration of blockchain technology is evident in the utilization of ERC-20, NFT, and FT assets, fostering a player-owned economy. The game also includes ENJIN backed FTs for a variety of in-game assets, enhancing the trading experience on the ENJIN marketplace. Sustainability is a key focus, with the game’s design aiming to avoid the pitfalls of hyperinflation and black market issues common in MMOs and play-to-earn models. The Space Misfits DAO, controlled by CROWN stakers, plays a critical role in governance, shaping the game’s development and economic strategies. This comprehensive ecosystem offers players a unique, immersive experience where gameplay, strategy, and blockchain technology converge to create a deeply engaging and evolving virtual world.

SMCW Official Media

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