GensoKishi Online is a blockchain-based game that combines the elements of a massively multiplayer online role-playing game (MMORPG) and a play-to-earn (P2E) game. It is based on the popular web2 game Elemental Knights Online, which has been running for 14 years and has over 8 million downloads worldwide. GensoKishi Online aims to create a metaverse where players can explore, create, and trade in a fantasy world powered by NFTs and cryptocurrencies. In this article, we will explain what GensoKishi Online is, how it works, what you can do in the game, and how you can earn rewards and incentives by playing the game.

What is GensoKishi Online?

GensoKishi Online is a decentralized game built on the Polygon POS chain. It is a role-playing game that caters to multiple playstyles. GensoKishi Online features NFT collectibles, environments, play-to-earn, and incentives that attempt to give back to gamers and attract more users to the platform. If you want to learn more about NFTs, we recommend you read our article about “Top NFT Influencers to Follow in 2023.”

In the future, GensoKishi Online will also include user-generated content (UGC) to create a vibrant world beyond that of the main game story.

GensoKishi Online is the metaverse reincarnation of Elemental Knights Online, a classic MMORPG that has been running since 2007. Elemental Knights Online is a 3D fantasy game where players can freely roam an immersive world and engage in quests with other players. Elemental Knights Online has won several awards, such as the ‘Gold Award of Game of the Year’ in Taiwan in 2012, and has a loyal fan base of over 8 million players.

GensoKishi Online takes the gameplay and graphics of Elemental Knights Online to the next level by integrating web3 features such as NFTs and tokens. By using blockchain technology, GensoKishi Online allows players to take ownership of their in-game assets and monetize them on various platforms. GensoKishi Online also offers an innovative gaming experience where players can participate in the governance and development of the game, as well as benefit from the rewards and incentives offered by the game.

How does GensoKishi Online work?

GensoKishi Online works by using two native cryptocurrencies that fuel the game: MV token and ROND.

• MV token is the main governance token of GensoKishi Online. It grants holders voting rights over proposed changes to the game. MV tokens can also be purchased and staked to earn ROND tokens, pay fees, and give holders the right to construct new worlds, costumes, and other content in the game.

• ROND is the main in-game currency of GensoKishi Online. It can be converted into smaller units called miniRONDs when used to make payments in the game. Everything in the GensoKishi Online world costs miniRONDs, from traveling around different worlds to buying and upgrading weapons and costumes.

Players can obtain ROND tokens by playing the game and completing quests, selling items or NFTs to other players or NPCs, staking MV tokens, or importing ROND tokens from outside the game. Players can also export ROND tokens from the game to their wallets or exchange them for other cryptocurrencies.

Players can also obtain NFTs by playing the game and earning drops, buying them from other players or NPCs, or importing them from outside the game. NFTs are unique digital assets that represent various items in the game, such as characters, weapons, costumes, maps, etc. Players can also export NFTs from the game to their wallets or sell them on various platforms.

How to Earn in GensoKishi Metavers?

GensoKishi Online offers a range of activities that you can engage in. Some of them are:

1. Go on adventures 

You can create a character and go on thrilling adventures, defeating monsters and villains scattered across the world. As you defeat more monsters and complete quests, you will be able to level up your character and earn better rewards. As you progress, you will be able to upgrade your character’s class, while continuing to equip them with more powerful items earned in-game or purchased from Treasure Boxes. When facing challenging enemies, you can also party with friends and other players and overcome these stages together. If you receive drops that are not specific to your chosen class, you can always sell them on the secondary marketplace for USDT or MV.

2. Trade on the marketplace 

You can trade NFT items on GensoKishi Online’s native marketplace or any other NFT marketplace where they are accepted, such as OpenSea. To expand your knowledge about Opensea and NFTs, we recommend reading our article titled “How to Get Verified on OpenSea.” This resource will provide you with valuable information and insights on the subject.

For players who are more interested in playing as a merchant, flipping items on the marketplace, they can buy and sell Genso NFTs. Data from Opensea shows a floor price of 5.7 MATIC for GensoKishi NFTs and over 900 ETH worth of GensoKishi NFTs traded at the time of writing. Listed items include character costumes, swords, other weapons, and tickets.

3. Stake and earn 

You can stake MV tokens to earn ROND tokens, which can be used to buy items or NFTs in the game or exported to your wallet or exchange. Staking MV tokens also gives you voting rights over the game’s governance and development. You can also stake ROND tokens to earn more ROND tokens or other rewards. Read our article about “Best Crypto Staking Platforms in 2023.”

4. Create and explore 

You can create your own worlds, costumes, and other content in the game by using MV tokens. You can also explore the worlds created by other players and interact with them. You can charge fees for entering your worlds or offer free access to attract more visitors. You can also join the Genso Creator Program, which is a platform that supports creators who want to create original content for GensoKishi Online. The program offers various benefits, such as rewards, exposure, and feedback.

5. Participate in events and campaigns 

You can participate in various events and campaigns that are held regularly in GensoKishi Online. These events and campaigns offer various opportunities to earn rewards, such as NFTs, tokens, or items. Some examples of events and campaigns are the Genso Lucky Chance, which is a lottery where you can win rare NFTs or tokens, the Dragon Tower Support Campaign, which is a quest where you can earn tickets to enter the Dragon Tower dungeon, and the UGC Contest.metap.gensokishi, which is a competition where you can submit your original content and win prizes.

Benefits and challenges of GensoKishi Online

GensoKishi Online has several benefits and challenges for both players and developers who want to use the game and its platform. Some of these are:

Benefits:

• Play-to-earn: GensoKishi Online offers a play-to-earn model, where players can earn rewards and incentives by playing the game. Players can monetize their in-game assets and activities by selling them on various platforms or exporting them to their wallets or exchanges. Players can also participate in the governance and development of the game by staking MV tokens and voting on proposals.

• User-generated content: GensoKishi Online encourages user-generated content, where players can create their own worlds, costumes, and other content in the game. This creates a more diverse and dynamic gaming experience, where players can express their creativity and originality. Players can also join the Genso Creator Program, which supports creators who want to create original content for GensoKishi Online.

• Metaverse: GensoKishi Online creates a metaverse, where players can explore, create, and trade in a fantasy world powered by NFTs and cryptocurrencies. The metaverse offers an immersive and interactive gaming experience, where players can connect with other players and enjoy various services and features on the platform.

• Community: GensoKishi Online has a strong community of fans and supporters who have been playing Elemental Knights Online for years. The community is active and engaged, offering feedback, suggestions, and help to other players and developers. The community also organizes various events and activities to promote the game and its platform.

Challenges:

• Volatility: Cryptocurrencies are known for their high volatility, which can affect the value of the payments and the profits of the players. While some platforms offer instant conversion and settlement options to mitigate this risk, others may expose the players to market fluctuations and losses.

• Regulation: Cryptocurrencies are subject to different regulations and legal frameworks in different countries and jurisdictions, which can create uncertainty and complexity for both players and developers. Some countries may ban or restrict the use of cryptocurrencies, while others may impose taxes or reporting requirements on them. Therefore, both parties need to be aware of the local laws and regulations before using GensoKishi Online.

• Adoption: Cryptocurrencies are still not widely adopted or accepted as a payment method by many platforms and users, due to various factors such as lack of awareness, education, trust, or convenience. Therefore, GensoKishi Online may face challenges in reaching a critical mass of users and achieving network effects.

• Integration: Cryptocurrencies are not compatible with many existing payment systems and platforms, which can make it difficult for players and developers to integrate them into their operations and workflows. Therefore, GensoKishi Online may need to provide easy-to-use and customizable solutions that can work with various e-commerce platforms, point-of-sale systems, accounting software, and other tools.

Some of Our Related Articles for Those Interested in Play-to-Earn Games

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Conclusion

In summary, GensoKishi Online is an exciting blockchain game where players can earn rewards by playing. It has user-generated content and a virtual world where players can explore, create, and trade using NFTs and cryptocurrencies. The game’s benefits include the ability to make money from in-game assets and the opportunity for players to be creative. However, there are challenges like the value of cryptocurrencies changing and different regulations in different countries. Despite the challenges, GensoKishi Online provides a unique gaming experience and has the potential to grow and become successful as it overcomes these obstacles.

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