Game icon

Shrapnel

SHRAP

$0

6.96%

73

Chain

    Avax - Avalanche

Platform

  • PC icon

Category

Action, Battle Royale, First-Person Shooter, NFT Game, P2E, SCI-FI

Risk Management Strategy for Shrapnel

Introduction

Shrapnel, a blockchain-based extraction shooter, leverages Avalanche's subnet architecture to create a secure and scalable gaming ecosystem. [1a] With a focus on player-generated content and ownership, the game employs a multifaceted risk management strategy to address security, economic, technical, and community challenges. [2a] This report will cover:

  • The game’s security measures, including its use of Avalanche’s subnet architecture and internal blockchain team expertise. [1a] [3a]
  • The game’s economic strategies to manage in-game token volatility and ensure liquidity. [1c]
  • Community-focused initiatives to prevent exploitation and maintain engagement. [2b]

Security Measures

Shrapnel's security strategy is built on Avalanche's subnet architecture, which allows for a customizable and secure blockchain infrastructure tailored to the game’s needs. [1a] The game’s internal blockchain team ensures robust smart contract development and subnet modeling, further enhancing security. [3b] Key security features include:

  • Use of Avalanche subnets to reduce security risks and provide a scalable blockchain environment. [1a]
  • Internal blockchain team ensures smart contracts are secure and vulnerabilities are minimized. [3c]
  • Industry-standard security practices, including physical, technical, and administrative safeguards, are integrated into the platform. [4a]

Economic Strategies

Shrapnel’s economy revolves around its native token, SHRAP, which facilitates transactions in the game’s marketplace and rewards players for their contributions. [5a] To manage volatility, the game employs a token distribution strategy that includes community rewards, ecosystem funds, and market-making pools. [5b] Key economic strategies include:

  • Token distribution designed to incentivize community participation and stabilize the in-game economy. [5b]
  • Marketplace integration allows players to trade assets, ensuring liquidity and flexibility in the economy. [5d]
  • Governance mechanisms enable token holders to vote on key issues, fostering a sense of ownership and stability. [5e]

Community Initiatives

Shrapnel places a strong emphasis on fostering a healthy community by preventing abusive actors and maintaining a fair marketplace. [2b] The game encourages player content creation while also implementing systems to reward positive contributions and discourage exploitation. [2d] Key community initiatives include:

  • Accessible content creation tools enable players to contribute to the game while maintaining a low barrier to entry. [2e]
  • Reward structures incentivize positive contributions, ensuring that players who add value to the ecosystem are fairly compensated. [2f]
  • Anti-cheat mechanisms and policies are in place to maintain a fair and enjoyable gaming environment. [6a]

Scalability and Performance

Shrapnel’s use of Avalanche subnets ensures scalability, allowing the game to handle a growing player base without compromising performance. [1f] The game’s infrastructure is designed to accommodate increased transaction volume and user activity, ensuring smooth gameplay. [7a] Key technical strategies include:

  • Avalanche subnets provide a scalable and customizable blockchain infrastructure tailored to Shrapnel’s needs. [1a]
  • Internal blockchain team ensures the infrastructure can handle increased transaction volume as the player base grows. [3b]
  • Wallets and storage solutions are optimized for fast transaction processing, ensuring a seamless player experience. [8a]

Conclusion

Shrapnel demonstrates a robust and adaptive risk management strategy that effectively addresses security, economic, technical, and community challenges. By leveraging Avalanche’s subnet architecture and maintaining a strong internal blockchain team, the game ensures a secure and scalable blockchain infrastructure. [1a] Key takeaways include:

  • Shrapnel’s security measures, including Avalanche subnets and a dedicated internal team, effectively mitigate risks such as hacking and smart contract vulnerabilities. [1a] [3c]
  • The game’s economic strategies, including token distribution and marketplace integration, ensure liquidity and stability in its in-game economy. [5b]
  • Community initiatives, such as accessible content creation tools and anti-cheat mechanisms, foster a healthy and engaged player base. [2b]

References

[1] Ian Allison. Avalanche-Based Blockbuster Game Shrapnel Completes $7M Token Sale. CoinDesk. Available from: https://www.coindesk.com/business/2022/04/11/avalanche-based-blockbuster-game-shrapnel-completes-7m-token-sale

[2] Cat Bussell. Even the blockchain isn’t enough to put me off Sci-fi Extraction FPS Shrapnel. TechRadar. Available from: https://www.techradar.com/gaming/consoles-pc/even-the-blockchain-isnt-enough-to-put-me-off-sci-fi-extraction-fps-shrapnel

[3] Dave Bradley. Building Shrapnel, the first blockchain-enabled triple-A shooter. BlockchainGamerBiz. Available from: https://www.blockchaingamer.biz/features/interviews/24644/shrapnel-first-blockchain-enabled-aaa-fps/

[4] CoinMarketCap. About Shrapnel. CoinMarketCap. Available from: https://coinmarketcap.com/currencies/shrapnel-com/

[5] CoinGecko. Beginner's Guide to SHRAPNEL: The AAA Blockchain Shooter Game. CoinGecko. Available from: https://www.coingecko.com/learn/guide-to-shrapnel-blockchain-shooter-game-fps-crypto

[6] playSHRAPNEL. SHRAPNEL 2024 and beyond. Medium. Available from: https://medium.com/@playSHRAPNEL/shrapnel-2024-and-beyond-fa68d5686e16

[7] Shrapnel. Shrapnel Whitepaper. Shrapnel. Available from: https://files.radon.gg/whitepaper.pdf

[8] Jenny Jordan. Shrapnel integrates Stardust’s wallet solution. BlockchainGamerBiz. Available from: https://www.blockchaingamer.biz/news/31065/shrapnel-integrates-stardusts-wallet-solution/

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