👀 At a Glance 👀
1. CBT Pass NFT Sales : Sold Out (🔥FYI, NFTs were SBTs)
2. CBT Retention Rate : 🚀 Day 1 = 83% | Day 7 = 60% 🚀
3. Average Play Time per User : 10+ hrs in 7 days
4. OBT Release Date : August 13th, stay tuned Overtakers!
Greetings Overtakers!
We are thrilled to announce that our first Closed Beta Test (CBT) concluded with incredible support from our community and outstanding metrics!
We would like to share the remarkable highlights as well as outline our thoughts and strategies regarding CBT Pass sales, performance during the CBT, and our future plans.
1. Soul Bound Tokens (SBT) Drives Real Participation
Offering Closed Beta Test (CBT) passes as Soulbound Tokens (SBTs) resulted in an impressive retention rate of up to 83% on Day 1 🔥
Before the Somnis CBT, our primary concern was user engagement rather than sales figures. We needed to analyze the behavior of Web3 gamers to refine our features and gameplay style. However, making informed decisions without sufficient data was challenging.
Choosing to offer the CBT Pass as an SBT was a tough decision, as SBTs prevent secondary trading and could potentially reduce the number of buyers. Nevertheless, our goal was to build a genuine gamer community that would grow with Overtake’s roadmap, and ultimately decided to proceed with CBT pass sales in the form of SBTs.
The outcome exceeded our expectations. Strong support from the Southeast Asian market led to our initial sales being completed within a few hours. Moreover, the impact was evident during the CBT phase, with our gamer retention rate soaring to 83%, significantly higher than typical Web2 games. These remarkable statistics affirm that the Web3 game market holds immense potential for driving real gamer participation.
One of the key advantages of SBTs is their permanence. We value our early participants, and SBTs are an excellent way to identify and recognize these supporters. Additionally, with our POPs that record our users’ game achievements, Overtake can identify each user’s persona, whether they are a dedicated CS2 player or a casual Stardew Valley enthusiast. This capability will remain a crucial pillar for Overtake as we revolutionize the gaming industry.
We deeply appreciate our participants’ support and commitment. The role of SBTs in this success cannot be overstated.
2. Proven Game Play Style with Distinct IPs
Blockchain is not a magic wand that guarantees a game’s success.
Quality must accompany blockchain technology to create a successful synergy.
At Overtake, our top priority in game development is delivering high-quality and enjoyable game play. Somnis: Rumble Rush features game play reminiscent of Clash Royale, integrating card collection mechanics that have already proven successful in the Web2 gaming industry. Our goal is to replicate this success in the Web3 environment, fostering a sustainable ecosystem.
We believe the true value of blockchain lies in its ability to enhance game play, and the positive reactions from our community affirm this belief.
3. Intimate Feedback Loops from our Community
A community feedback loop led to a virtuous circle within the gaming ecosystem.
During the CBT, one of the most fascinating aspects was the immediate reaction from our community. A notable incident involved top-ranked players who were suspected of matching against each other to boost their rankings. Upon investigating and analyzing the play logs, we discovered that out of their total matches, these players had a little less than 230 matches with other players and only 35 matches against users among the top four ranks.
We greatly appreciate our community’s proactive reports of such potential abuses during the beta test period, which might have otherwise gone unnoticed by the development team. The community’s vigilance highlights the importance of maintaining a close feedback loop between users and the game studio.
We firmly believe that an intimate feedback loop is essential for the longevity of any game. Our roadmap emphasizes this feedback loop, which, in the Web3 context, is embodied through governance. Identifying and valuing our most engaged users remains central to our strategy as a publisher, ensuring we build a sustainable and vibrant gaming ecosystem.
What’s Next?
Our journey has just begun 🚀
We are committed to addressing the challenges within the gaming industry by leveraging innovative approaches and technologies. Stay tuned for more updates as we continue to build a groundbreaking Web3 gaming platform together.
Our 🎁Open Beta Test (OBT)🎁 event will start in early August..!
Stay tuned for updates, Overtakers!
About Overtake
Overtake is at the forefront of driving mass adoption in the blockchain market by leveraging its affiliates’ extensive gamer base of over 30 million users and $1 billion in annual transactions. Overtake is revolutionizing gaming with collaborative game creation by publishing high-quality games that empower creators and engage players like never before.
Learn more : https://overtake.world
