1. Origin and background
of the project- Development team: Developed by NDUS Interactive, the core team members are from top Korean game companies NCSOFT, Nexon and Krafton, including Myoungjin Lee, the original comic book author of Ragnarok, and Sang, the former head of PlayDapp Chung。
- Project positioning: Xociety is a Web3 shooter RPG game that blends PvP (player versus player) and PvE (player versus environment) gameplay, and has deep cooperation with Sui public chain (developed by Mysten Labs).
- NFT type:*Frontier Avatar NFT**, divided into 4 tiers (First, Epic, Rare, Uncommon) with in-game bonuses and real-world perks.
2. Issuance method and public chain
- Issuance of public chain: Mainly based on the Sui chain (the Adidas co-branded NFT mystery box is also minted on the Sui chain).
- Total Supply: Not explicitly disclosed, but 3 million NTx tokens (ERC-1155) have been issued for NFT sales and staking rewards.
- How to obtain:
- Mintlist seats: 25 NTx tokens are required, and NFTs can be minted at half price.
- Public sale: minted through the Tradeport platform (e.g. Adidas co-branded NFT mystery box).
- Staking Mining: Stake Frontier NFTs to earn NTx rewards (double earnings for the first two weeks).
3. Business Model & Ecosystem
- In-game economy:
- NTx tokens: used to purchase NFTs, participate in testing, exchange in-game resources, and be exchanged for Xociety native tokens in the future.
- IGC (In-Game Corporation) NFT: Controls in-game companies (e.g., energy, finance, battle management) from which holders can profit.
- Adidas Collaboration: Launched 2,600 NFT mystery boxes containing rare game skins (e.g. black sweatshirts, neon tracksuits).
- Staking system:
- Up to 80% yield bonus (based on NFT level and volume).
- Weekly settlement, staking for 7 days.
4. Intellectual Property & Celebrity
Platform- IP Collaboration: Adidas officially licensed NFT skins to enhance brand linkage.
- Team background: Endorsement by senior developers of NCSOFT and Nexon to enhance the credibility of the project.
5. Controversy and Challenges
- Market dependence: The Sui Chain ecosystem needs to continue to grow, otherwise NFT liquidity may decline.
- Speculative risk: The price of NTx tokens fluctuates greatly, which may affect the value of NFTs if the game is not popular enough.
- Compliance issues: Tighter regulations on P2E (Play-to-Earn) in South Korea may affect long-term operations.
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Summary: Xociety Frontier NFT is the first large-scale shooter NFT project on the Sui chain, which combines Adidas co-branding, staking mining, and IGC corporate governance, and has strong ecological potential, but needs to pay attention to market acceptance and regulatory risks.