The decentralized cryptocurrency exchange (DEX) Pancake Swap has officially launched Pancake Protectors, an immersive tower defense game. Initially introduced in its beta version last week, the game is now accessible on Mobox, a player versus player (PvP) GameFi platform on the Binance chain.
In an intriguing twist, Pancake Protectors integrates Pancake Swap’s native token, CAKE, allowing players to earn the asset as they play. According to the DEX’s official blog, there are several benefits and utilities that game participants can enjoy when using the CAKE token. These include claiming game heroes, recharging in-game resources, unlocking new levels with extra rewards, and staking the token to earn additional in-game assets.
Pancake Swap operates on Binance’s Smart Chain, enabling cryptocurrency trading without a centralized authority and allowing for self-custody. Additionally, the platform supports interoperability with assets on other chains.
However, Mochi, the pseudonymous head chef of Pancake Swap, clarified on Twitter that Pancake Protectors is not a play-to-earn game. The decision to avoid using inflationary models to drive the game’s growth contrasts with the incorporaton of CAKE token rewards. Despite this, Mochi expressed pride in collaborating with Mobox to deliver an exceptional gaming experience, noting that the integration and launch of Pancake Protectors is experimental. Moving forward, the team plans to monitor the community’s reaction to determine if this kind of game is a suitable addition to the platform.
Earlier this month, Pancake Swap made headlines with its latest upgrade, Pancake Swap Version 3. This new version promised more competitive trading fees and improved liquidity provisions, according to a press release. Consequently, the introduction of a tower defense game by a DEX like Pancake Swap may have been unexpected, but it adds a new dimension of Web3 to the already popular platform.
In conclusion, the official launch of Pancake Protectors showcases how blockchain technology and the emerging gaming industry can intertwine, leveraging decentralized platforms and native tokens to create unique, interactive experiences. The game offers a captivating new experience for users while simultaneously paving the way for further innovation in the blockchain and gaming industries. As the venture is experimental, it will likely be vital for Pancake Swap to learn from its community’s response and adapt its approach accordingly.
Source: Decrypt
