Ever thought it was one of No Man’s Sky? (Opens in a new tab) Is it really a cryptocurrency that needs to be great? Probably not, and probably not, some players have it and they created it themselves.According to this Deputy (Opens in a new tab) The report, however, says that the goal is not to make money, and in fact, the project manager wants to keep it worthless.
Cryptocurrency was created by members of Galaxy hub (Opens in a new tab), Discord, Reddit, and, of course, the No Man’s Sky community run by No Man’s Sky itself, with the goal of providing a deeper deep space cooperation experience that the game itself does. This group has been around for over five years, building a significant presence and encouraging other groups to build their own in-game society.
As the group’s cryptocurrencies are known, HubCoin is intended as an extension of its community-building efforts. This is aimed at No Man’s Sky endgame players who effectively exceed the need for the game’s built-in currency, but “want access to what can only be achieved by the player’s activities.”
“They want to outsource ByteBeat tracks under certain parameters, pay for the artistic canvas of the base, want them to be stored in a PC player, edit a custom fauna companion, a skilled architect. Maybe you want to help with the design of the base, or you want the simple convenience of decorating the interior or simply not collecting your resources. “
HubCon’s goal is to fill that void by incorporating cryptocurrencies that run on Ethereum’s “testnet” instead of the actual currency. It’s kind of like a crypto PTR: it works like a “real” cryptocurrency, but it’s not really worth it. This means that players can’t cash out, greatly reducing the chances of the game turning into a money-making grind.
HubCoin is not bought or sold on the exchange, but is earned through activities such as posting on Galactic Hub Discord and subreddit, using the Galactic Hub wiki, posting on Twitter, and attending certain in-game events. Once earned, you can use it to purchase in-game merchandise and services, assist and inform players, bet on Galactic Hub Star League events, shop at the Galactic Hub Marketplace, and more. It’s especially valuable for console players who need to rely on their PC player for their custom assets because they don’t have access to the same in-game tools as the PC player.
According to the report, the number of players using this currency is very small, 149, which is more than half of the total number of galaxy hub citizens, and inflation becomes a risk as that number increases. But the bigger potential problem is that even if HubCoin has no official value, there is nothing to prevent players from assigning it themselves. I may be willing to take it. To reduce that possibility, Galactic Hub states that it will blacklist players who sell or buy HubCoin in any form for real money.
In response to concerns about the environmental damage caused by cryptocurrencies, the Galaxy Hub has also switched to the “Proof of Authority” testnet before it is open to the public. Proof of Authority uses less energy than the “Proof of Work” commonly used for cryptocurrency mining, but it is not clear how much energy is used. thing.
Despite its shortcomings, it’s an interesting little meta-gameplay that can avoid various pitfalls and demonstrate the value of crypto as a community tool if it establishes that it hasn’t contributed to the destruction of the planet. .. I’m not sure I need to rely on cryptocurrencies for the system to work, but I’m definitely curious about where everything is in a year or two.