You’ve probably already wanted to become a rentier and invest in real estate, but the prices aren’t necessarily within reach of everyone. Neoland offers a glimpse into real estate investing with a life-size blockchain game to acquire plots in non-fungible tokens (NFTs) and generate passive income. Find out more about the features of this “Play and Earn” that links Web 3.0 and augmented reality.
Neoland, the augmented reality Monopoly
We’ve all played a game of Monopoly, the iconic game about investing in real estate. Nowadays, this type of investment can be found in Web 3.0 with various metaverses, but they are not necessarily related to reality.
This is where a game based on the Solana blockchain (SOL) comes in: Neoland. The idea behind this game is to link the blockchain and non-fungible tokens (NFTs) with physical locations. Players will be able to acquire plots of land called “Neoland”, and generate income from them.
To do this, people who own land in the Neoland universe will be able to construct buildings and hold events to increase the activity of their land and therefore their potential passive income.
Figure 1: Neoland game image
Developed by the Lyon-based development studio Revolt Games, the latter managed to raise 2.5 million euros in September 2021. The funds were raised from French investors, including Level-Up, Bpifrance and several business angels such as Thibaud Elzière, Hubert Thieblot, Eduardo Ronzano and Julien Romanetto.
The use of NFTs: the heart of Neoland
Firstly, they authenticate the ownership of a piece of land. Thus, they can be bought or exchanged on various platforms of the Solana ecosystem such as Fractal, Magic Eden or Solanart.
In addition, they offer a right of governance to decide on the direction of the game, as well as the setting up of various events.
A group of 11 Neolands owners will be able to become members of the “Neoconseil”, an organisation whose objective is to choose the various projects proposed by other users. These projects will then be voted on by the owners to be implemented or not in the game, but also to decide on the next country where Neoland will be developed.
Neoland: the new game powered by Neopolis
The mobile game that can be considered a free version of Neoland is Neopolis. This location-based MMORPG allows you to acquire real-world buildings and upgrade them.
With over 1.5 million downloads and 150,000 players connected each month in France and the UK, Neopolis is the gateway to its Web 3.0 version.
The link between the two games is important, as it is the activities of Neopolis players that define the income of plot owners on Neoland. In short, the more players that pass through a neighbourhood, the more rewards the owner of that neighbourhood will get.
It will therefore be important for a Neoland owner to develop virtual events on his land in order to increase its attractiveness and thus gather as many players as possible to increase his income.
An economy that serves the users
The Revolt Games studio wants to develop the economy of the Neoland universe and set up a fair revenue sharing with the players.
To do this, the revenues generated on Neopolis via microtransactions and ads will be shared according to the players’ location with the owners of the different terrains.
The various businesses located on these lands will also be able to participate in the Neoland ecosystem. Indeed, if they wish to obtain an advertisement with the help of the game, they can pay for their building to appear in it. The owner of the land will then receive an additional payment.
Figure 2: Interactions between Neopolis and Neoland for revenue generation
The secondary market for NFTs related to Neoland will also be important, as an owner will have the option to increase the capacity of their land, so that its value increases proportionally. Thus, players will be able to opt to buy an initially unattractive Neoland, only to make a profit on resale after having made improvements to it.
Finally, future location-based video games to be developed by Revolt Games will also benefit Neoland landowners, as revenues from these new games will also be shared with them. This is a great way to thank the players who invested early in the project.
To get a glimpse of the Neoland game, here is its trailer:
The NFTs will be released soon
For Spring 2022, Neoland will create 10,000 “Landpasses”. These NFTs will be used to join a waiting list to choose your plot on the map. Thus, the person who has a Landpass whose number is at the top of the list will choose his or her plot of land among the first.
This first release will allow for land to be obtained in France only, but the addition of other countries is planned in the future. The price of the Landpass is relatively affordable, as it will be $25 in SOL tokens during the pre-sale in April.
For the impatient, a treasure hunt will soon be taking place in Neopolis. This free-to-play event is the perfect opportunity to hope for priority access to the Landpass sale, as temples will be hidden throughout the game map. Finding these temples allows you to collect “Community tokens”, which can be exchanged for a Landpass.
This token does not guarantee a Landpass if stocks run out too quickly, but it does offer the opportunity to access the sale 3 hours before the general public. These temples will also showcase collaborations between Neoland and other projects on the Solana blockchain
Figure 3: Example of a temple from the collaboration with Fractal on Neopolis
Further additions in time
In addition to the addition of various countries and events that will be voted on by the community, the developers plan to add their token to Neoland in Q4 2022. This token, which will be called NCOIN (Neoland Coin), will be essential, as it will be the basis for paying landowners. It is also important to mention that this cryptocurrency will be exchangeable for SOL tokens.
For the longer term, Neoland should have a mechanic for splitting and merging plots. This will allow owners to expand their holdings bit by bit or sell part of their property, but also make rural areas more attractive, while allowing to bring liquidity in more populated cities.
Conclusion on the Neoland blockchain game
Neoland is a “Play and Earn” game that makes the promise of creating a world combining gaming, real estate and blockchain.
The Revolt Games team also wants to greatly develop the social aspect with the opening of guilds, decentralized autonomous organizations (DAOs) to allow for increased rewards for owners while increasing the attractiveness of the game Neopolis.
