Project Overview:
ThorGuards is a company based on Norse mythology and warrior cultureNFT project, inspired by the gods and warriors of Norse mythology. Each NFT in the project features a unique warrior character representing different gods, heroes, and mythological figures. The story of ThorGuards revolves around how these warriors protect the Nordic world and fight side by side against the forces of evil, with elements of virtual role-playing, combat, and storytelling. The project aims to attract NFT collectors and crypto game enthusiasts through a unique art style and backstory.
When and how to be issued:
ThorGuards' NFT collection was first released in May 2022. The project is minted through a whitelist and public sale, allowing early backers to participate in the purchase first. The project adopts a limited release strategy, setting a limited number for each NFT character at the initial launch and making a public sale at a fixed price. The project team has attracted a large number of users to participate through pre-sale and public sale.
Total Supply:
ThorGuards has a total supply of 10,000 NFTs, each representing a unique warrior character. These characters come with different gear, skills, and attributes, and players and collectors can build their army of warriors or collect them by purchasing and holding these NFTs.
Public chain platform:
ThorGuards' NFT series is deployed on the Ethereum blockchain and adopts the ERC-721 standard. Ethereum provides decentralized security for the project as well as extensive market and community support, allowing these NFTs to be traded and displayed on multiple platforms. Ethereum's ecosystem provides a robust infrastructure for projects, guaranteeing the liquidity and transparency of NFTs.
Celebrity platform:
Rather than relying on traditional celebrity endorsements to drive promotion, the ThorGuards project has relied primarily on the project's theme, art style, and connection to Norse mythology to attract a large number of collectors and crypto culture. Despite not having direct celebrity involvement, the project has amassed considerable popularity within the crypto world through its strong backstory and gamified elements.
Ecosystem:
ThorGuards' ecosystem revolves around Norse mythology characters and battles that players can explore and adventure in a virtual world. NFT characters are not just digital assets, they can also be used as in-game combat characters, participating in PvP (player versus player) battles, teamwork, and mission execution. As the project grows, more gameplay features are expected to be introduced, such as character upgrades, battle rewards, and cross-platform co-op features, to further enhance player engagement and immersion.
Background:
ThorGuards is set in a Norse world full of myths and legends, and players can choose different characters to play as famous warriors and gods from Norse mythology, such as Thor, Odin, etc. Each NFT character has a unique design, skills, and backstory. In this way, the project combines history and fantasy to create a multi-dimensional virtual world where collectors can enjoy games and story experiences.
Business model:
ThorGuards' business model relies heavily on the initial minting of NFTs, secondary market transactions, and future in-game transactions. The project earns revenue from the initial sale and trading royalties in the secondary market, and also plans to expand its commercial value through character upgrades, mission rewards, and item purchases after the game's functions are perfected. In addition, as the project expands, the project party may add value to its business model by launching new collections, cross-platform collaboration, etc.
Intellectual Property:
The intellectual property rights of ThorGuards' NFT works are owned by the creators and development team. The purchaser gets ownership of the NFT character, but does not own the full copyright. Holders are free to resell and display NFTs, but they need to be authorized by the project party for commercial use (such as making derivative works, commercialization, etc.). The project team retains the copyright of the character design, brand image, etc., to ensure the rights and interests of the creators.
Controversy and Challenge:
market competition: As an NFT project based on Norse mythology, ThorGuards faces competition from many projects of the same genre. Especially in the crypto games and character NFT space. How to stand out and maintain its characteristics is the challenge of the project.
Gamification and User Retention: Despite ThorGuards' strong backstory and unique character design, translating these elements into a lasting gameplay experience and retention remained a key challenge for the project. Gameplay needs to be continuously optimized to keep users engaged for a long time.
Crypto market volatility: Volatility in the cryptocurrency market may affect the trading market for NFTs, and the price of ThorGuards' NFTs may change with market volatility, which poses a challenge to investor sentiment and the sustainability of the market.
Sustainability & Content Updates: How to maintain the long-term viability of the project, especially in the highly competitive NFT market, where continuous content updates and innovation are key to the project's success. In particular, the expansion of gamification features and ongoing community engagement are crucial.
Overall, ThorGuards is a project that combines Norse mythology and NFT role-playing, attracting the attention of a large number of crypto players and NFT collectors with its rich cultural background and unique virtual world setting. Despite the challenges of market competition and continuous content updates, the project has strong market potential through diversified functions and ecosystems.
