Marvelous NFTs (MNFT)

What is Marvelous NFTs (MNFT)?

Marvelous NFTs (MNFT) is the native token of the Bad Days ecosystem, a blockchain-based interactive trading and battling game developed by Marvelous NFTs, a technology and art-focused game studio. The game, inspired by Stan Lee’s “Bad Days” cartoon series on YouTube, allows players to collect, fuse, battle, and trade token-based Superheroes represented as ERC-1155 non-fungible tokens (NFTs) on the Ethereum blockchain. MNFT functions as the primary utility token within the game, facilitating various in-game activities and rewards.

The Bad Days game features a diverse roster of superheroes, each possessing unique attributes and strengths. These characters come in five different rarity scales: common, uncommon, rare, legendary, and Mythic, as well as five attribute Levels. Players can engage in PVP, PVE, and 3v3 battles, earning Battle Points (BP), MNFT Shards, and game items. These items can then be used to unlock superpowers and further enhance player attributes. Furthermore, the game features a “Fusion” mechanism, allowing players to either transfer superpowers from one character to another, creating a unique NFT character, or level up the rarity and power grid attributes of their characters by burning another Bad Days Character (BDC), thus reducing the BDC supply.

Marvelous NFTs was founded in 2020 by Damian Rolvink and David Palmer. Damian Rolvink, the current CEO, brings over 20 years of experience in engineering and project management. David Palmer, the COO and Co-Founder, has 25 years of experience in team management and a strong background in the crypto space, including promotional and marketing video production for blockchain projects. His passion for NFT gaming and extensive collection of Marvel comics and memorabilia makes him a natural fit for leading the Marvelous NFTs project.

How Does Marvelous NFTs (MNFT) Work?

The MNFT token serves as the core utility token within the Bad Days game and the broader Marvelous NFTs ecosystem. It plays a crucial role in various aspects of the game’s mechanics and overall functionality. MNFT shards are earned during game play and can then be used for unlocking various superpowers and other features within the game. MNFT serves as the fuel that drives various in-game activities.

The token is integral to the game’s Fusion process. Players can use MNFT to fuse characters together, creating unique and powerful combinations with customized superpowers. This fusion process can permanently lock superpowers to a character, creating a one-of-a-kind NFT asset. The token also facilitates the leveling up of character rarity and power grid attributes, though this comes at the cost of burning Bad Days Characters (BDC), thus influencing the in-game economy. This burning process helps to control the supply of BDC NFTs, potentially increasing their value over time.

Beyond gameplay, MNFT holders are presented with opportunities to participate in staking programs. By staking their LP tokens, they can receive regular rewards, further incentivizing long-term holding and participation in the ecosystem. The token operates primarily on the Ethereum blockchain as an ERC-20 token, benefiting from Ethereum’s security and widespread adoption. However, to mitigate high transaction fees and improve transaction speed, Marvelous NFTs utilizes Polygon’s Layer-2 protocol for all transactions and NFT minting. Furthermore, MNFT has a bridge to the Binance Smart Chain, enabling cross-chain functionality and wider accessibility.

Marvelous NFTs (MNFT) Key Features and Technology

The key features of Marvelous NFTs and the Bad Days ecosystem revolve around its interactive gameplay, unique NFT mechanics, and multi-chain interoperability. A central aspect of the game is the concept of upgradable attribute power grids, where each Bad Days character possesses unique power attributes. Players can strategically customize their characters by fusing them and creating a diverse range of strategic battle options.

The fusion process allows players to unlock superpowers, customize characters, and create unique builds, adding a layer of strategy and customization to the game. The frequent introduction of new character sets and Battle Cards (BC) enables players to fuse additional Battle Cards (BC) and create even more powerful characters. Characters are classified into six elements – Cosmic, Gravity, Invulnerability, Teleportation, Lifeforce, and Telekinesis – each offering unique advantages in different environments and battles.

The Marvelous NFTs ecosystem leverages multiple blockchain technologies to achieve its goals. The MNFT token is an ERC-20 token on Ethereum, ensuring security and compatibility within the Ethereum ecosystem. The project also utilizes Polygon’s Layer-2 protocol, providing reduced gas fees and faster transaction speeds for in-game activities and NFT minting. The presence of a bridge to Binance Smart Chain further expands the token’s reach and enables cross-chain functionality.

What is Marvelous NFTs (MNFT) Used For?

The MNFT token has several key uses within the Bad Days ecosystem, all centered around enhancing the gameplay experience and rewarding participation. Primarily, it functions as the in-game currency, facilitating various transactions and activities. As players engage in battles and complete quests, they earn MNFT shards, which can then be used to unlock new superpowers, upgrade characters, and acquire valuable in-game items.

MNFT is also essential for the Fusion process, where players can combine characters to create powerful and unique NFTs. The token plays a critical role in both transferring superpowers between characters and leveling up their attributes. Furthermore, MNFT serves as a reward mechanism for players who actively participate in the ecosystem. By staking their LP tokens, MNFT holders can earn regular rewards, incentivizing long-term investment and fostering a strong community.

Beyond its in-game applications, MNFT can also be used as a medium of exchange within the broader NFT marketplace. Players can trade their MNFT tokens for other cryptocurrencies or NFTs, enabling them to monetize their in-game achievements and participate in the wider crypto economy.

How Do You Buy Marvelous NFTs (MNFT)?

Purchasing Marvelous NFTs (MNFT) typically involves going through a cryptocurrency exchange. Here’s a general outline of the process:

1. Choose an Exchange: Select a cryptocurrency exchange that lists MNFT. Based on the provided information, exchanges like PancakeSwap (BSC), Quickswap (Polygon), and Uniswap (Ethereum) are possible options. Research each exchange to ensure it is reputable, secure, and meets your needs regarding fees, supported payment methods, and geographical restrictions.
2. Create an Account: Register an account on the chosen exchange. This typically involves providing personal information, such as your name, email address, and date of birth. You may also need to complete a Know Your Customer (KYC) verification process, which involves submitting identification documents like a driver’s license or passport.
3. Deposit Funds: Once your account is verified, deposit funds into your exchange account. Most exchanges support various deposit methods, including cryptocurrency transfers (e.g., depositing ETH or BNB) and fiat currency deposits (e.g., using a credit card or bank transfer). Be mindful of any deposit fees or minimum deposit requirements.
4. Trade for MNFT: After your funds have been deposited, navigate to the MNFT trading pair (e.g., MNFT/ETH or MNFT/BNB). Enter the amount of MNFT you wish to purchase and execute the trade. You can choose between a market order (which executes immediately at the best available price) or a limit order (which executes only when the price reaches a specific level).
5. Withdraw MNFT: Once you have acquired MNFT, it’s generally recommended to withdraw it from the exchange to a personal cryptocurrency wallet for greater security and control.

Possible Exchanges:

• PancakeSwap (BSC)
• Quickswap (Polygon)
• Uniswap (Ethereum)

How Do You Store Marvelous NFTs (MNFT)?

Storing MNFT securely requires a compatible cryptocurrency wallet. Since MNFT is an ERC-20 token, it can be stored in any wallet that supports the Ethereum blockchain and ERC-20 tokens.

Types of Wallets:

• Software Wallets (Hot Wallets): These wallets are applications that can be installed on your computer or smartphone. They are generally free to use and provide convenient access to your MNFT tokens. However, they are considered less secure than hardware wallets, as they are vulnerable to malware and hacking attacks. Examples include MetaMask, Trust Wallet, and Argent.
• Hardware Wallets (Cold Wallets): These wallets are physical devices that store your MNFT tokens offline. They are considered the most secure option, as they are not exposed to the internet and are therefore less vulnerable to hacking attacks. However, they typically cost money to purchase. Examples include Ledger Nano S/X and Trezor.
• Exchange Wallets: While technically an option, storing MNFT on a cryptocurrency exchange is generally not recommended for long-term storage. Exchanges are custodial services, meaning they control your private keys and have the potential to be hacked or experience other security breaches.

Wallet Selection:

• MetaMask: A popular browser extension and mobile wallet that supports Ethereum and ERC-20 tokens. It allows you to interact with decentralized applications (dApps) and easily manage your MNFT tokens.
• Trust Wallet: A mobile wallet that supports a wide range of cryptocurrencies, including MNFT. It is known for its user-friendly interface and robust security features.
• Ledger Nano S/X: A hardware wallet that provides secure offline storage for MNFT and other cryptocurrencies. It connects to your computer via USB and requires physical confirmation for transactions.
• Trezor: Another popular hardware wallet option that offers similar features to Ledger.

Future Outlook and Analysis for Marvelous NFTs (MNFT)

The future outlook for Marvelous NFTs (MNFT) is closely tied to the success and adoption of the Bad Days game, as well as the broader trends in the NFT gaming market. The game’s potential lies in its engaging gameplay, strategic depth, and the inherent appeal of its superhero theme, drawing inspiration from Stan Lee’s popular cartoon series. The game’s unique fusion mechanism, allowing players to customize their characters with unique superpowers, adds a layer of strategic depth that could attract a dedicated player base.

The project’s utilization of multiple blockchain technologies, including Ethereum, Polygon, and Binance Smart Chain, positions it to benefit from the strengths of each platform. Polygon’s Layer-2 scaling solution addresses the issue of high transaction fees on Ethereum, making in-game activities more affordable and accessible. The bridge to Binance Smart Chain further expands the token’s reach and enables cross-chain functionality, potentially attracting a wider audience.

However, the success of MNFT and the Bad Days ecosystem also depends on several factors, including the ability of the Marvelous NFTs team to continuously develop and improve the game, attract and retain players, and effectively market the project. Competition in the NFT gaming space is fierce, with numerous projects vying for attention. The team’s ability to differentiate Bad Days from other games, build a strong community, and adapt to evolving market trends will be critical for long-term success. Additionally, the regulatory landscape surrounding cryptocurrencies and NFTs is constantly evolving, and any adverse regulatory developments could potentially impact the project’s future.

References

• CoinGecko: https://www.coingecko.com
• CoinDesk: https://www.coindesk.com
• Game DAap: https://www.baddays.io
• Medium: https://marvelousnfts.medium.com
• Website: https://marvelousnfts.com
• Telegram: https://t.me/baddayscom
• Discord: https://discord.gg/ch89egzcTf
• Twitter: https://twitter.com/MarvelousNfts_