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NBTC News
Home»GameFi»$FAR Token Claims Top Spot Among Shooter Game Tokens
GameFi

$FAR Token Claims Top Spot Among Shooter Game Tokens

NBTCBy NBTC05/10/2024No Comments3 Mins Read
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The native token of Farcana, a Bitcoin shooter game developed in the UAE, has achieved remarkable success, securing the top position among shooter game tokens on CoinGecko. The $FAR token also ranks first on the Bybit exchange, reflecting significant investor interest. Farcana also revealed to its community about the closed text through an X post, urging the crypto community to take part to win NFTs.

We are organising a closed playtest for Farcana. You have a chance to win exclusive NFTs.

October 4th-6th.
Time: 6 PM – 10 PM CET each day

Register now or regret later: https://t.co/Zr7GAEh1uK pic.twitter.com/NdrbnPiWX6

— Farcana (@FarcanaOfficial) October 2, 2024

$FAR Token Surge in Popularity Driven by Playtest

A recent increase in $FAR can be attributed to the closed playtest that was carried out on the 4th of October and was to close on the 6th of October. Daily, participants can join from 6 PM to 10 PM CET to get a chance to win some limited-edition NFTs. This has created much buzz in the gaming and crypto space overall and, in the process, increased the adoption of the $FAR token.

Additionally, Farcana’s staking program has played a pivotal role in boosting the token’s prominence. Launched earlier this year, the program offers an attractive 60% annual percentage rate (APR) on staked $FAR tokens. This initiative, conducted on the Polygon network, ensures users experience seamless and rewarding interactions.

Founded in 2022, Farcana secured $10 million in seed funding from notable investors, such as Animoca Brands and Polygon Ventures. The game is built on Unreal Engine 5, delivering high-quality graphics that rival popular titles such as Overwatch. This visual appeal and engaging gameplay position Farcana as a strong contender in the competitive blockchain gaming landscape.

Vision for Competitive Gaming

Ödül Küçük, the Global Publishing Director at Farcana, emphasizes the game’s unique vision. He said the firm’s goal is to create the best competitive shooter experience, not just focus on profits. Moreover, at Farcana we want to redefine what it means to be a ‘pro player’ by letting skilled players earn based on their performance, stating,

“We call our game a ‘Bitcoin Shooter.’ We aim to deliver the best competitive shooter experience for players, not merely the most profitable one. This approach allows for multiple levels of competition, with top-tier rewards backed by Bitcoin. We seek to redefine the concept of a ‘pro player’ through blockchain technology, enabling skilled players to earn based on their performance.”


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