Game icon

Spider Tanks

SILK

$0

N/A

50

Cadena

    GalaChain

Platform

  • macOS icon
  • PC icon

Category

Battle Arena, Brawler, Competitive, Esports, F2P, Futurism, MOBA, Multiplayer, NFT Game, PVP

Token Information & Utility for Spider Tanks

Introduction

Spider Tanks, a Web3 PvP brawler by GAMEDIA B.V., has a complex token model centred around the $SILK token. [1a] [2a] The $SILK token is central to the game’s play-to-earn mechanics, enabling players to earn, spend, and govern within the ecosystem. [2b] This report will cover:

  • The fundamental characteristics of Spider Tanks’ token model and its utility within the game.
  • The mechanics of earning $SILK tokens and the conditions for eligibility. [2c]
  • The use of $SILK for purchases and upgrades within the game. [3a]
  • The economic design mechanisms ensuring sustainability and fairness. [1b]
  • How Spider Tanks differentiates itself in the Web3 gaming landscape. [4a]

Token Model and Utility

Spider Tanks employs a single-token model, with $SILK acting as the backbone of its play-to-earn ecosystem. [2a] The primary role of $SILK is to facilitate play-to-earn mechanics, allowing players to earn rewards through gameplay and participate in the game’s economy. [1a] Other uses of $SILK include:

  • Purchasing and upgrading in-game assets, such as tanks, weapons, and components (ID: 36481). [3a]
  • Participating in the Pilot Program, which allows players to earn $SILK by piloting other players’ tanks (ID: 36407). [1d]
  • Operating Planetary Nodes and Maps, which reward owners with Victory Points that can be converted into $SILK (ID: 36619, 36623). [2e] [2f]

Earning Mechanisms

Players earn $SILK by fulfilling specific conditions, which involve both gameplay and participation in the ecosystem. [2c] The primary conditions for earning $SILK include:

  • Playing using an NFT tank part, which ensures that players are contributing to the game’s economy (ID: 36615). [2h]
  • Earning Victory Points by winning matches, which are later converted into $SILK (ID: 36615). [2i]
  • Participating in the Pilot Program, which allows pilots to earn a portion of Victory Points by using other players’ tanks (ID: 36407). [1d]
  • Operating Planetary Nodes, which reward owners with Victory Points based on the number of matches hosted (ID: 36619). [2e]

Utility Functions

$SILK serves multiple purposes within the Spider Tanks ecosystem, enhancing player engagement and economic participation. [3a] The token’s utility includes:

  • Purchasing in-game assets, such as tanks, weapons, and components, directly from the Gala Games store (ID: 36481). [3a]
  • Upgrading tanks and other assets, which enhances player progression and unlocks new gameplay opportunities (ID: 36618). [2k]
  • Participating in the Pilot Program, where $SILK is earned by piloting other players’ tanks (ID: 36407). [1d]
  • Operating Planetary Nodes and Maps, which rewards owners with Victory Points converted into $SILK (ID: 36619, 36623). [2e] [2f]

Economic Design

Spider Tanks employs several mechanisms to ensure the long-term sustainability of its token economy, balancing token issuance and player rewards. [1b] Key features of the economic design include:

  • The Non-Replacement Allowance mechanism, which issues a portion of tokens based on daily demand (ID: 36365). [1h]
  • Dynamic controls, such as the Point-to-SILK ratio and Component Price adjustments, which allow for flexibility in token distribution (ID: 36412). [1i]
  • The Honor System, which discourages value extraction and promotes positive in-game behaviour (ID: 36604). [4a]
  • Recent adjustments to earnings based on tank rarity, which aim to balance rewards across different player tiers (ID: 36449). [5a]

Differentiation and Engagement

Spider Tanks stands out in the Web3 gaming space by integrating unique features that enhance player engagement and promote fair play. [4a] Key differentiation features include:

  • The Honor System, which incentivises positive behaviour and discourages toxic play, ensuring a fair and enjoyable experience (ID: 36604). [4a]
  • The Pilot Program, which allows players to participate in the game even without owning a tank, promoting inclusivity (ID: 36407). [1d]
  • The Supercharge feature, which boosts Victory Points for the first five wins of the day, encouraging daily engagement (ID: 36601). [6a]
  • Balanced earnings adjustments, which ensure fairness across different rarity tiers, making the game more accessible to new players (ID: 36449). [5b]

Conclusion

Spider Tanks’ token model effectively supports its play-to-earn ecosystem, balancing sustainability, engagement, and fairness. [1b] The $SILK token’s utility and earning mechanisms encourage long-term player participation and economic stability. [2a] Key factors contributing to its success include:

  • A flexible token model that integrates multiple earning mechanisms, such as Planetary Nodes, Maps, and the Pilot Program (ID: 36619, 36407). [2e] [1d]
  • The Honor System and Supercharge feature, which incentivise positive behaviour and daily engagement (ID: 36604, 36601). [4a] [6a]
  • Dynamic economic controls that adjust token distribution based on demand, ensuring long-term sustainability (ID: 36412). [1i]
  • Balanced earnings adjustments that promote fairness across different rarity tiers, making the game accessible to new players (ID: 36449). [5b]

References

[1] Spidet Tank. Spidet Tank Economy Litepaper. Spidet Tank. Available from: https://www.spidertanks.game/docs/Spider_Tanks_Lite_Paper.pdf

[2] Gala Games. Spider Tanks - Mechanics of Play and Earn. Gala. Available from: https://support.gala.com/hc/en-us/articles/22441154355995-Spider-Tanks-Mechanics-of-Play-and-Earn

[3] Dragan. Spider Tanks Players Can Now Buy All Items Using $SILK. PlayToEarn. Available from: https://playtoearn.com/id/news/spider-tanks-players-can-now-buy-all-items-using-silk

[4] Mostafa Salem. Spider Tanks Introduces Honor System to Slow Down Rewards Extraction. GAM3S.GG. Available from: https://gam3s.gg/news/spider-tanks-honor-system/

[5] Spider Tanks. Get Ready for some Major Economy Upgrades. Medium. Available from: https://blog.gala.games/get-ready-for-some-major-economy-upgrades-1630f4221f8

[6] Mostafa Salem. Spider Tanks Details Major In-Game Economy Updates. GAM3S.GG. Available from: https://gam3s.gg/news/spider-tanks-major-economy-update/

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