🎮What is Nifty League? I Market Design, Mechanism Design and Token Design Explained🎮

Economics Design

Tejas

and

Lisa JY Tan

Jun 3, 2022

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Disclaimer: This is not financial advice

Introduction

Nifty league is a 2d pixel art metaverse that is looking to build multiple experiences that can be accessed by purchasing their DEGEN NFTs. The current game that is accessible to the community is Nifty Brawler, Nifty League’s version of the popular game, Super Smash Bro.

High-Level Token Summary

$NFTL is the native token for Nifty League
Earn through gameplay, trade on sushi swap, payment for Rentals, staking rewards
Used for Governance, payment, in-game rewards, Staking rewards, character naming
Uncapped with an initial supply at 1,000,000,000

Market Design

Player Archetypes:

Killers: Killers will be the main player type in this economy as there is only one game currently built on the ecosystem and its a PvP 2D brawler style of game.
Miners: Miners are also present in the game because of the earn aspect it has. Players are rewarded $NFTL from interacting with the ecosystem, something that the miner player type can take full advantage of.
Investors: Another game currently in development is their Niftyverse, which will have a land component to it. The land component is something attractive for the investor player type looking to make some passive income.

Mechanism Design

The concept of Nifty League is having multiple games built and accessed using the same NFTs. The first game built on their protocol is Nifty Smashers, which takes inspiration from Nintendo’s Super Smash Bros franchise.

Players try to hit their opponents with bats in the hopes of killing the opponent in order to score a point.
The terrain of the map plays a factor in battle.
Games range from 2 to 4 players, with the player with the most points or the first player reaching the goal number of points wins.

Nifty Tennis, Nifty Cart, and Nifty Royale are other games that the team is looking to develop to add on top of the existing ecosystem.

What Else Did You Miss?

Token Design
Risks
Conclusion

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