What is Shrapnel (SHRAP)? The World's First Blockchain-Based Shooting Game

Entering the ever-growing world of gaming, Shrapnel (SHRAP) emerged as a revolutionary innovation, combining the world of gaming with blockchain technology. As the first first-person shooter (FPS) game to utilize the Web3 platform, Shrapnel not only offers immersive gameplay and stunning graphics, but also integrates crypto and NFT elements, paving the way for a new era in the gaming industry. This article will explore in more detail what Shrapnel (SHRAP) is, who its founders are, how it works and its features, as well as an overview of its tokenomics. Let's take a look!

Highlights:

• Shrapnel is the first blockchain-based shooter game platform. 
• With this platform, users don't just play games but can also become creators, curators and land owners in the game. 
• SHRAP is the native token in the Shrapnel ecosystem, serving as a utility and governance token. As of January 4 2024, SHRAP was ranked 462nd with a market cap of IDR 975 billion and daily trading volume of IDR 72 billion, based on data from the Coinmarketcap site.

What is Shrapnel (SHRAP)

Shrapnel is a first generation Web3 game with a first-person shooter (FPS) concept, which runs on the Avalanche network. Shrapnel is the first blockchain-based AAA FPS game that provides an immersive and immersive gaming experience. 

Combining elements from Roblox and Call of Duty, Shrapnel challenges players to survive harsh conditions, face terrifying opponents and creatures, and search for resources to survive in a post-apocalyptic world. 

SHRAP is a native token on the Shrapnel platform that can provide players with the opportunity to earn income from games (play-to-earn) .

Who is the Founder of Shrapnel 

Shrapnel's founders are experts who have experience in the AAA gaming and blockchain industries for dozens of years. Shrapnel's development team consists of designers, producers, artists, and programmers working across a variety of business lines, from games, television, film, to anime. 

The Shrapnel team has contributed to some of the world's biggest game project franchises, such as Bioshock, Ghost of Tsushima, Halo Remastered, Red Faction Guerilla, Star Wars, Harry Potter, and others. Shrapnel has won six industry awards so far.

How it Works and Features

With the use of Unreal Engine 5.2 and Anybrain, Shrapnel provides visual and audio standards that match AAA class games. Unreal Engine 5.2 provides excellence in graphics and sound, while Anybrain is tasked with monitoring player cheating, such as the use of aimbots, through data analysis. 

Shrapnel is not only a place to play, but also provides opportunities for users to be creative, become curators and own virtual properties. This allows them to earn, trade, and hold the items they create as NFTs on the blockchain. These items can be traded on the Shrapnel Marketplace. 

Tokenomics and Use of Tokens

SHRAP is a native token on the Shrapnel platform, which uses the ERC-20 standard and operates on the Avalanche network. As a native token, SHRAP has a number of uses, ranging from in-game transaction tools, player rewards, paying network validators, to in-game governance systems. 

Following are the details of the uses of the SHRAP token:

• Governance (management). SHRAP is used in the selection of DAOs and sub-DAOs. Users can also use these tokens to vote on content created by players. 
• Running the validator. Used to pay validators with subsidized fees from the Shrapnel protocol.
• Minting and Medium of Exchange. Tokens can be used to pay for minting content created by players, such as maps, skins, accessories, and other in-game items. This token is also used as the main currency on the Shrapnel Marketplace.
• Rewards: Tokens are given as rewards to players for the content they successfully create or the results of their own games. These tokens can also be awarded when users participate in content creation. 

The total supply of SHRAP tokens is 3 billion tokens and at the time of writing, the total supply of tokens circulating on the market is 240.9 million SHRAP. As of January 4 2024, Shrapnel (SHRAP) was ranked 462nd based on Coinmarketcap data with a market capitalization of IDR 975 billion and a 24-hour trading volume of IDR 72 billion.

Below are the distribution details of SHRAP tokens:

https://public.shrapnel.com/Shrapnel-White-Paper.pdf

• 33% for community rewards
• 27% for teams and advisors
• 8.5% for fund ecosystem
• 3% for market making and liquidity
• 1.5% for public distribution
• 7% for strategic token holders
• 20% for seed token holders 

Meanwhile, the token distribution schedule can be seen in the chart below: 

https://public.shrapnel.com/Shrapnel-White-Paper.pdf

Roadmap

In the strategic plan released by Shrapnel, no specific timetable is given, but everything is planned in several stages. There are two main stages: one that is underway and one that is planned.

https://public.shrapnel.com/Shrapnel-White-Paper.pdf

Currently, the main focus is on developing features that allow players to create their own NFTs, simplify in-game NFT transactions, provide a marketplace for NFT trading, modify player profiles, and a reward system in the form of SHRAP tokens.

Conclusion

Shrapnel is an innovative FPS gaming platform that combines blockchain and Web3 elements, offering immersive gameplay and NFT integration. Developed by an experienced team, the platform uses SHRAP tokens for transactions and rewards, with a focus on NFT development and reward system improvements. Shrapnel's strategic plan highlights the importance of continuous adaptation and innovation to maintain its growth in the dynamic gaming industry.

How to Buy SHRAP on Bittime

You can buy and sell SHRAP tokens in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti. SHRAP is available on Bittime with SHRAP IDR pairing .

To be able to buy SHRAP/IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make SHRAP purchases in the application.

More Complete Guide How to Buy SHRAP on Bittime

Monitor the price chart movements of Shrapnel (SHRAP), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime. 

DISCLAIMER : This article is informational in nature and is not advice, recommendation, offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time. Bittime is not responsible for changes in exchange rates or crypto asset prices.