PancakeSwap has launched the Play to Earn “Pancake Protectors” game, merging its original CAKE token and offering rewards of up to 10,000 CAKE to premium players.
On May 29, PancakeSwap, a decentralized exchange (DEX) operating under the Automated Market Maker (AMM) model, announced the launch of the P2E (P2E) game “Pancake Protectors”, powered by GameFi Mobos’ PvP protocol.
Pancake Protectors is based on the subgenre of strategy games known as Tower Defense (TD), where the main objective of the players is to protect territory or property by strategically placing defensive structures on the designated map.
Pie guards promise to be a different P2E game
According to PancakeSwap’s advertisementThe CAKE token for exchange has already been integrated into the game, allowing players to use it to acquire NFT characters with additional benefits such as increased tradeability and superior attributes, as well as boosting the abilities of their heroes and other multiple functions.
In addition, users will be able to unlock many levels, Battle Pass, and Privilege Card with CAKE, as well as purchase in-game currency and gift packs. Likewise, they will be able to participate in CAKE to get additional resources.
In terms of rewards, Pancake Protectors will offer exclusive prizes of up to 10,000 cakes during the first season. Rewards will be distributed through a ranking system among the top 1,000 players, with the first place winner receiving 1,000 donuts, and those ranked between 801st and 1,000th receiving 0.1 donuts.
So, the higher your position in the ranking, the higher your chances of winning up to $1,700 per season, assuming the cake price stays at $1.7.
The price of cake increased by 16% after the announcement of the launch of pie protectors
After the news of the launch of Pancake Protectors, the price of CAKE increased by more than 18%, from $1.54 to $1.82. However, the price saw a slight pullback and is currently trading at $1,715.
Notably, CAKE was one of the hardest hit tokens during the crypto winter, dropping more than 96% from its all-time high of $44.2 in April 2021.
Although Pancake Protectors offer players the opportunity to earn rewards while playing, it is impossible to say whether it will be Axie Infinity or Plant vs. Undead, two of the most popular crypto games in the ecosystem that have managed to attract millions of players to the crypto market.
However, for Tower Defense fans, the play-to-profit option offered by Pancake Protectors can be very attractive. After all, who doesn’t want to receive money while having fun?
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