Detailed review of P2E project ChillVille
Look at ChillVille - an interesting project for lovers of P2E, 3D gameplay, and metaverses. The screens look nice and chilly, but what if look deeper? Check out this short overview to find out the strengths and weaknesses of ChillVille but do not forget that DYOR is your best friend.
You can start searching with official accounts/pages of ChillVille:
- Site: www.chillville.co.
- Twitter: https://twitter.com/Chillville_co.
- Telegram: https://t.me/ChillvilleOfficial
- Litepaper: https://www.chillville.co/docs/Chillville-Litepaper.pdf
What is ChillVille
ChillVille is a metaverse project that plans to combine all the best from P2E and NFT markets. The main gameplay takes place in the 3D world, where will be added also 2D, 3D, and VR games. Developers must create single and multiplay activities that will allow players to get native tokens. Metaverse is run on the Ethereum network, but the team promises a crosschain expansion in the future.
A huge number of games of all possible genres are being planned - from racing and fighting to fishing, as well as virtual property and land. In addition, users can earn CHILL by part in activities in the ChillVille and build their career in real-time mode.
Players in metaverse are represented by NFT avatars, which must be integrated into 3D. The developers even formed a list of NFT collections, that will be first available in the ChillVille.
Activities
What players can do in ChillVille at all and where is play to earn here? The most interesting chips of the project:
- Districts - ChillVille metaverse is zoned by districts by the name of the largest blockchain such as BTCity, EtherZone, and SOLIsland.
- Mining - the player can mine wrapped tokens in different districts. For example, in BTCity mining of wBTC will be available.
- Marketplace - according to the developers, it will be possible to sell and buy everything: from customizable avatars and foods to NFT of land and items.
- V2P (virtual to physical) - ChillVille marketplace includes not only virtual objects but also virtual analogs of real things. That means If you buy V2P in-game item, you will get that item in real-life, so you can buy real things for CHILL tokens.
In addition, all players can get rewards by playing internal games, career building, and being part of the life of the ChillVille metaverse. Also there possible to rent lots and properties to get rent payment in CHILL such as in SandBox.
Roadmap
The roadmap of ChillVille is presented in the Litepaper of the project and looks like that:
Generally, ChillVille complies with the roadmap but for now, the team can’t present even a test version of the product - metaverse and gameplay will be available only in Q3 2022.
CHILL token
Technically, CHILL is the ERC-20 token and is a utility token in the ChillVille metaverse that will be used for payments, rewards, and internal exchange. This means that you can use CHILL to:
- buy NFT avatars and game items;
- get land, property, and other objects in the metaverse;
- participate in the ChillVille activities and games;
- pay for V2P shops;
- governance (need to hold at least 1% of the tokens for voting).
In addition, all rewards for activities you get in CHILL tokens, so it is also a core element of the P2E system. But the Matry protocol, that regulates the reward system and mining of wrapped tokens is still not started as same as the MetaCurve technology that should ensure stable and smooth token growth.
CHILL tokenomics
Now a little more about how CHILL tokens will be distributed between investors and going to the market:
- Total supply: 20,000,000 (20 B).
The token distribution by rounds: Seed A - 300M (1.5%); Seed B - 300M (1.5%); Private - 1.8B (9%); Public - 200M (1%). - Vesting:
🔸 For Seed A: 5% at TGE, lockup - 2 months, then 24 months with daily linear vesting.
🔸 For Seed B: 5% in TGE, lockup period - 2 months, then 24 months with daily linear vesting.
🔸 For Private: 7% on TGE, lockup period - 1 month, then 24 months with daily linear vesting.
🔸 For Public: 25% via TGE, then 6 months with daily linear vesting. - The price of the token by rounds: Seed A - $0.001125; Seed B - $0.001625; Private - $0.01; Public - $0.015.
ChillVille also has a five-year tokens burning program that must help keep token prices and reduce inflation.
Strengths of the ChillVille
So there are a few strengths that help ChillVille compete with other P2E:
- using the metaverse concept - metaverse is a market trend that increases the chances of ChillVille “to the moon”;
- an interesting game concept with the mix of various games and activities - it's not just another "3-in-a-row" but a functional virtual 3D space.
- V2P implementation that increases value for metaverse and CHILL tokens.
connecting NFT from various collections and many cases for use it in the gameplay.
ChillVille looks interesting and promising both as P2E and a metaverse, offers many interesting and original solutions for tokenomics, interaction with other markets, and the real world.
Inside info: ChillVille has connections to several major sites and cryptocurrency exchanges, so there is reason to expect listing on Kucoin, Huobi, and Gate.io. In addition, the team promises strong marketing and advertising campaign, as they have powerful funding (also from their own sources).
Weaknesses of the ChillVille
Despite its perspectives, it's also true that ChillVille is only a startup that has gaps and weaknesses, especially in product development, like a:
- still, there is not any full-fledged gameplay demonstration - screenshots from a site and litepaper don't give the real presentation of gameplay. On the other side, developing a quality 3D metaverse is not so easy as a few concept illustrations;
- The mechanics of NFT integration are unclear - it is important to understand how NFT is used in the metaverse, will it be necessary to buy avatars for the game, and how do NFTS from unintegrated collections can be used
- ChillVille speaks with IDO platforms for a token listing and slowly up their social media, but we still see no major official announcements.
Add to this the inoperative Matry protocol, which is an important element of the ecosystem, and that fact the working product we will see only in Q3 2022.
Summary
ChillVille catches attention and creates a good first impression - the beautiful, large 3D world with interactions, games, and activities. The solutions and concepts of the project are original, fresh, and seem reasonable. However, the first impression is spoiled by the reward system and the internal tokenomics that is run on Matry protocol, because the protocol is not working yet. In addition, in gameplay ChillVille can show only beautiful artwork and a well-assembled litepaper for now.