My Neighbor Alice is a blockchain game that allows users to accumulate non-fungible tokens that they own and administer, akin to FarmVille and Animal Crossing. The primary purpose of the My Neighbor Alice project is to reach a larger audience of bitcoin owners, blockchain enthusiasts, and gamers. It has features of decentralized finance, making it an even more important initiative with significant potential to encourage the adoption of cryptocurrencies and its utility coin, ALICE. My Neighbor Alice is a decentralized blockchain-based game with a compelling narrative that allows users to create their own universes in a whimsical and enticing realm.

Anyone may play My Neighbor Alice and personalize and develop own islands by purchasing virtual land parcels and building their masterpieces in Alice's universe. ALICE, the utility token, serves as the system's focal point. ALICE is the network's primary payment mechanism. With My Neighbor Alice, players can start with a little plot of land and build a complete cosmos in Alice's reality. NFTs represent all in-game assets, which may be sold and utilized by those who hold them. The value of NFTs should be determined by the token's scarcity.

History

Antler Interactive designed and developed Alice, which was released in July 2021 on Steam, a game distribution platform. Antler Interactive is a game development business that specializes on VR and mobile games. SVRVIVE: The Deus Helix and Krystopia are two of the company's most popular titles.

Anna Norrevik is the CEO of Antler Interactive, and she has a solid financial experience, having previously worked for Accenture and Credit Suisse. ALICE, the company's coin, was released on Binance Launchpool in March 2021.

How does it work

My Neighbor Alice is a multiplayer blockchain game that allows users to engage, connect, and communicate with other users and players, which improves the gaming experience overall. It is an open-world game, which means that players may explore Alice's environment indefinitely and create their avatars. Alice's universe is made up of several islands that are separated into pieces of land plots. These land plots are all represented by NFTs, allowing users to purchase and sell them as well as alter their in-game property, create another patch, customize the topography, and add decorations. The game contains a narrative that gamers may follow to fulfil various tasks and advance through the game.

The land supply available to players is restricted, which helps to manage the value of the NFTs. The rarity and scarcity of the assets they represent also influence the price and worth of NFTs in Alice's universe. Users can also create their own assets and define their own supply. The game is now available on Steam, with the retail build set to appear in January 2022, when the value of ALICE might potentially soar. The game is free to play, but users must pay transaction fees when purchasing and selling NFTs such as land.

Total supply and circulation

Out of a total of 100,000,000 ALICE coins, there are now 17,400,000 in circulation. Because My Neighbor Alice has a restricted total quantity, no additional ALICE tokens should be produced once the maximum amount is in circulation. Because of the restricted availability, the token will not be depreciated by inflation. The market capitalization of My Neighbor Alice is equal to the amount of ALICE coins in circulation multiplied by the current market price of ALICE. The market cap defines ALICE's position in relation to its crypto peers and establishes its market domination.