Reviews
April 25, 2022

Meet the Shrapnel: Is AAA Gaming coming to blockchain?

I'm sure that during play CS GO or Fortnite, you have thought about how cool it would be to move it all to the blockchain. Add P2E, NFT, and other cool things, so you can not only play but earn native tokens or speculate on NFT-skins and loot.

It seems that the Shrapnel team dreamed about the same things and decided to realize their dreams in the AAA P2E-project. What is looks like, and is it worth following?

Links for DYOR:

Website: shrapnel.com

Whitepaper: Shrapnel-White-Paper.pdf

Twitter: twitter.com/playSHRAPNEL

What is Shrapnel

Shrapnel is an AAA shooter on the Avalanche Blockchain. The project will run in its own subchain (like Axie's Ronin). Developers promise a lot of action, shooting, running, and tons of loot, which you can sell on the native marketplace.

You can read the LOR story by yourself on the website or whitepaper. I's say just a result - players enter a Zone to extract resources and kill each other because only the strongest survive and get all rewards.

I think the Shrapnel's gameplay will be something like CS GO with elements of Battle Royale. Developers just add creator lit and marketplace with NFT-content.

Activities

There are 3 main activities:

BUILD - developers promise helpful tools for game content creators. Players will be able to craft maps, skins, or items to use for the playing or sell to other players.

PLAY - Choose an operator (with three main classes), equip him with weapons and other loot, and go to the reward and loot hunting. Shrapnel's exception is that players will not only receive resources from the Zone but will also collect NFT loot from killed opponents. Your character is deadly, and you can lose all the expensive equipment if you lose. That increases the competition level.

DISCOVER - the community can mint game content NFT and sell it on the marketplace, forming an NFT library. Also, players can create tournaments with their own rules, maps, and reward pool.

The developers also promise to divide the game world into several zones and add lands. Lands need to get new maps and locations. Landowners will receive rewards from the platform depending on the prestige of the land.

In addition, Shrapnel provides social activity like participation in DAO and social networks and allows native token holders to run a node to verify subchain transactions.

Interestingly, both play and near-play activity influence the rating and the chance to get additional boosts.

Project's native token

SHRAP is the native platform's token. It is an ERC-20 utilitarian token with a fixed supply. SHRAP will be deployed to the Avalanche network to allow holders to:

Part in governance and vote Dao and sub-Dao decisions.

Pay for gas transactions and stake tokens to validators to receive the rewards.

Mint, sell and buy NFT on the native marketplace.

Receive rewards for creating and testing custom content.

In addition to the token, Shrapnel will also have Reputation scores. You can get it for playing activities, creating content, and community participation. The higher the reputation, the more the player's awareness and all his content.

It will be easier to promote your maps and NFT with a higher Reputation rate. Players with a good reputation can also get additional game boosters.

Roadmap

The project's roadmap is divided not on a time scale but into Phases (from 00 to 04). So that it is unclear how much time is devoted to the development and when teams will finish the project's tasks. So far, only Phase 00 has been completed. 00 include:

Socials start

The team core formation

Community foundation

The token is planned for Phase 01, and the complete gameplay is for Phase 04. Shrapnel is a super-early stage project without any product.

Tokenomics of the project

Total supply:

  • 3 000 000 000 (3B) SHARP.

Sale:

  • Seed - 600M (20%)
  • Strategic - 210M (7%)
  • Public - 150M (5%)

Price:

  • No information.

Hardcaps:

  • No information.

TGE Unlock:

  • Seed - 0%
  • Strategic - 0%
  • Public - 100%

Total: 150M (5%)

Liquidity providing:

  • 90M (3%), 100% TGE unlock.

Vestings:

  • Seed - 0% on TGE, then 6 months cliff, and 6 months linear unlock.
  • Strategic - 0% on TGE, then 6 months cliff, and 12 months linear unlock.
  • Public - 100% TGE unlock.

For the first 6 months after TGE, only Public Sale and Lidity tokens will be available for trading (only 8%). Then a smooth linear unlock begins in Team and Advisors, Seed Token Holders, and Strategic Token Holders.

Public buyers can drain their tokens before the intense price pressure.

Shrapnel's strengths

Experienced team - you can find the project team in the whitepaper. There are really cool guys that worked on Halo, Bioshock, Westland, and other top games. In advisers, game influencers, and more top developers.

Tier-1 investors - the project has recognizable funds such as Polychain Capital, Dragonfly Capital, DeFiance Capital, Three Arrows Capital, Avalanche, etc. There's also a list of angel investors.

Active Social accounts - Discord with 13k members and Twitter with 11k followers. Maybe not so much, but Shrapnel is followed by many exciting users, and the pages have good activity.

Game concept - Shrapnel is more competitive than classic shooters. Here you will have to fight for the loot, which has a real value without saving points.

Promising niche - as Shrapnel's opinion, shooter players spend more time and money on games than players in other genres.

Shrapnel's weaknesses

There is no working product, even a demo - now, the team can only offer a well-stylized whitepaper, website, and their vision. There are no real development results at all.

A roadmap without deadlines - is convenient for developers because they do not push themselves into tight timeframes, but it is inconvenient for fans and potential investors. Will Shrapnel run in a month, in the next quarter, or three years?

Conclusions

Shrapnel is on the following list as a potential P2E gem. We can see the first AAA blockchain shooter if the developers realize all their plans. Even if they do not get the trend, they can attract thousands of gamers and get part of the game market. For now, the team, investors, and active social networks marked the project as a potential gem.

Still, a more specific assessment of Shrapnel will be possible only after the gameplay release. We're waiting for vids and screenshots on Discord and Twitter pages.