Genopets uses data tracked by a smartphone or fitness wearable to level up a Genopet NFT in the game. Players can then summon their pet, and quest in the Genoverse to explore hidden lands, find loot, craft items and battle with other players. This also means that gamers can walk around, level up their NFT and then sell their progress on the public marketplace. That’s why they embrace the term: move-to-earn.
The play-to-earn economy of Genopets consists out of four elements:
GENE token – the governance and staking token for Genopets
KI token – the reward and utility token
XP – a state in the Genopet NFT meta data which can increase through activity
Gene Crystals – NFTs crafted from GENE and KI to accelerate and direct to evolution of a Genopet
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