SHRAP is a cryptocurrency associated with the blockchain-based extraction shooter game called Shrapnel, developed by midsize gaming company Neon Machine.
Shrapnel aims to create an intensely competitive AAA extraction shooter game. The game takes place in a not-too-distant future where a mysterious substance has altered the balance of power.
SHRAP is a multi-faceted utility token built on the Avalanche C-Chain, which is part of the Avalanche blockchain ecosystem. It operates as an ERC-20 token, and its initial supply consisted of three billion SHRAP tokens generated on April 29, 2023.
Shrapnel is developed using the Unreal Engine 5, a powerful game development engine known for its advanced graphics and rendering capabilities. This ensures that players can enjoy high-quality visuals and immersive gameplay experiences.
Shrapnel encourages player creativity and community participation. Players can create their own Callsigns and list them in the Marketplace when it launches.
Players enter the lands of the Sacrifice Zone, where they become Operators working for one of the Mercenary Expeditionary Forces (MEFs).
In Shrapnel, players must collect gear as non-fungible tokens (NFTs). These NFTs represent various items and equipment that can be used in the game.
Players venture into The Zone, a mysterious and dangerous area, to locate and collect valuable gear. The Zone is a central part of the gameplay and holds many challenges.
Shrapnel emphasizes true ownership of in-game assets. Players have full ownership of the NFTs they collect, and these NFTs can be traded, sold, or used within the game's ecosystem.
Shrapnel offers both blockchain and non-blockchain options. Players can play the full game without engaging with blockchain, NFTs, or cryptocurrency.
Shrapnel, a pioneering blockchain-based combat shooter game, was developed by Neon Machine, a startup based in Seattle. The company, which was a spin-off from HBO two years prior, is led by CEO Mark Long, who previously held managerial positions at Microsoft and HBO.
Spun off from HBO Interactive, the team behind Shrapnel boasts a remarkable pedigree, with BAFTA and Emmy award-winning talent who have contributed to renowned franchises such as HALO, Call of Duty, Madden NFL, Bioshock, Destiny, Star Wars, Hawken, Skylanders, Westworld, among over 30 other titles. This distinguished team has directly played a role in securing more than 40 entertainment awards, including several Emmys and a BAFTA, reaching a fan base of over 100 million.
In terms of funding, Neon Machine has raised over $37 million in funding till November 2023. This includes a $20 million Series A round and $7 million raised via token sale.
$SHRAP is the native crypto of the Shrapnel platform and has the following use cases:
SHRAP tokens can be used to exchange within the Shrapnel platform. Players may use SHRAP tokens to buy and sell in-game assets on the marketplace, such as weapons, items, or skins.
Players can use SHRAP tokens to create unique Callsigns, which are public names that identify them within the Shrapnel platform. Early creators of Callsigns may receive exclusive in-game rewards or benefits.
Players can list their Callsigns or other in-game assets for sale on the Shrapnel marketplace. SHRAP tokens serve as the currency for these transactions, allowing players to trade their items with other participants in the Shrapnel ecosystem.
Trade Shrapnel crypto on the KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell SHRAP or hold it long-term if you believe in the future potential of the Shrapnel game. Ensure that you undertake any trading or investing decisions in the crypto market only after doing your own research (DYOR).
Period | Change | Change (%) |
---|---|---|
Today | $0.00905 | 28.55% |
7 Days | $0.00581 | 16.87% |
30 Days | $-0.00792 | -16.43% |
3 Months | $0.00556 | 16.03% |
Here are some reasons why investing in SHRAP crypto could be a good idea:
Shrapnel NFTs provide ownership of in-game items, maps, and assets. This allows players to access and control virtual assets within the game, giving them a unique gaming experience and the ability to trade or sell these assets to other players.
By owning Shrapnel NFTs, players can participate in the in-game economy. This includes trading, selling, or even renting their NFTs to other players. It opens up opportunities for players to earn from their virtual assets.
Shrapnel aims to provide a gasless experience to players and creators, reducing transaction costs and friction in the platform.
The volatile nature of the crypto market makes it challenging to provide a precise SHRAP price prediction. However, the following factors could help you understand the price movements in Shrapnel coin better:
The utility and use cases of SHRAP tokens within the Shrapnel ecosystem can influence the value of Shrapnel token. If the token has multiple uses and is in high demand within the platform, the SHRAP to USD price can rise.
The basic law of supply and demand plays a significant role. If there's high demand for SHRAP tokens, their price will likely increase. Conversely, low demand may lead to a decrease in the Shrapnel crypto price.
News and updates about the progress and development of the Shrapnel game can affect the SHRAP token price. Positive developments, such as new features, partnerships, or expansions, may generate increased interest and demand for SHRAP tokens, potentially driving the price of Shrapnel crypto.
The overall market conditions and sentiment in the cryptocurrency market can influence the price of SHRAP and other tokens. Factors such as market trends, news events, regulatory developments, and investor sentiment toward cryptocurrencies can impact the SHRAP coin price.
Shrapnel is a high-stakes extraction first-person shooter (FPS) game that combines elements of survival and strategy. To play Shrapnel, follow these steps:
1. Enter the Game: Once the game is live, you can enter the lands of the Sacrifice Zone.
2. Objective: The primary objective in Shrapnel is to survive. The game's extraction style emphasizes survival, where players must strategically combine and craft in-game items to ensure survival.
3. Collect Gear (NFTs): In Shrapnel, players must collect as much gear, including NFTs, as possible. These in-game items and gear are essential for your survival and progress in the game.
4. Player-Created Content (PCC): Player-Created Content is key to the Shrapnel experience. It allows players to create and contribute content to the game, enhancing the overall gameplay.
5. Risk and Reward: Shrapnel is a game that asks players how much they are willing to risk with each dive into the Zone. Your playstyle, loadouts, and decisions can impact your risk and potential rewards.
6. Exploration and Strategy: To excel in Shrapnel, you must explore the game world, develop effective strategies, and make tactical decisions to stay alive and succeed.
Shrapnel’s investors include Griffin Gaming Partners, Polychain Capital, Forte, Dragonfly Capital, Double Top, Jason Zhao, IOSG, Franklin Templeton Investments, Tess Ventures, and Brevan Howard Digital.
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