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HoneyWood news
About HoneyWood
This is a casual game on its own blockchain, combining the most popular game mechanics.
The first launched game in the COSMOS ecosystem.
Players can own NFT items, mine and stack coins, and fight other players for coins.
HoneyWood brings the most popular game mechanics to web3, adding a new value: earning. Don't you mind playing the game you love and making money? Blockchain isn't that hard! It's very simple, because our goal is to attract casual users.
HoneyWood uses two of the most popular game mechanics around the world: match3 (PvP) and farming. In this game, they are not isolated processes; they are connected to each other. You can improve your farm by playing match3, and in match3 you can get extra boosters if you have an advanced farm (jewelry sets, unique bees that you can use while fighting your opponent in match3).
There are two native tokens in the game: HoneyCoin and CONE.
HoneyCoin - it is the token of the game. Using it players can perform in-game operations: buy items, participate in tournaments, buy services and so on. Be noted that we don't sell HoneyCoin directly.
The initial emission of HoneyСoin is 120,000,000 coins, however, new HoneyCoins will be generated by Bears when farming during gameplay. It's like a decentralized token emission, controlled by players owning their farms.
CONE (cones) - is the main token of the game, it is used for Staking and Management (Governance).
The initial emission of CONE is 18,993,665 coins. Additional coins can be generated by bears when planting trees. The number of coins will grow in proportion to the creation of new trees, thus automatically diluting the company's share and bringing the game increasingly closer to absolute decentralization. As a result, HoneyWood will be fully controlled the CONE holders.
What is HoneyWood?
HoneyWood emerges as an innovative blockchain-based game that marries the thrill of casual gaming with the financial incentives of cryptocurrency. It stands out as the inaugural game within the COSMOS ecosystem, introducing a unique blend of popular gaming mechanics with the added allure of earning through play. This game is designed to appeal to a broad audience by simplifying blockchain technology, making it accessible and enjoyable for casual gamers.
At its core, HoneyWood offers players the opportunity to engage in two main activities: farming and match3 (PvP) battles. These activities are not standalone; success in one area can bolster the player's capabilities in the other. For instance, enhancing your farm can provide additional boosters for match3 battles, such as jewelry sets and unique bees, which can be pivotal in overcoming opponents.
The game utilizes two native tokens: HoneyCoin and CONE. HoneyCoin serves as the in-game currency, facilitating various operations such as purchasing items, participating in tournaments, and acquiring services. It's important to note that HoneyCoin is not sold directly; instead, it is generated through gameplay, specifically by Bears engaged in farming activities. This decentralized emission process is controlled by the players themselves, who own and manage their farms.
CONE, on the other hand, plays a critical role in staking and governance within the game's ecosystem. Players can stake CONE tokens and participate in voting on blockchain changes, thereby influencing the game's development and direction. The initial supply of CONE is set, with the possibility of generating additional tokens through in-game activities like planting trees. This mechanism ensures that the game moves towards greater decentralization over time, with CONE holders gaining increasing control.
HoneyWood has garnered attention for its innovative approach to gaming and blockchain integration. By combining engaging game mechanics with the potential for financial gain, it offers a compelling experience for players. The game's development is supported by partnerships with launchpads and exchanges, highlighting its growing presence in the blockchain gaming space.
How is HoneyWood secured?
HoneyWood employs a multifaceted approach to ensure the security and sustainability of its ecosystem. At its core, the game integrates environmental stewardship with blockchain technology, where players, represented by bears, engage in activities such as planting trees, building apiaries, and breeding bees. These in-game actions contribute to a sustainable virtual environment, which is a novel method of intertwining gameplay with the principles of ecological balance.
The security of the platform is further enhanced through the use of two native tokens: HoneyCoin and CONE. These tokens play a pivotal role in the game's economy, facilitating in-game operations, staking, and governance. Players can earn HoneyCoin through gameplay, specifically by engaging in farming activities. This decentralized token emission process is controlled by the players themselves, adding a layer of security and autonomy to the game's economy. CONE tokens, on the other hand, are used for staking and governance, allowing players to vote on blockchain changes and contribute to the game's development. The emission of CONE tokens is tied to the act of planting trees within the game, promoting both environmental sustainability and economic growth.
To protect users' personal information and secure transactions, HoneyWood has implemented industry-standard security measures, including two-factor authentication (2FA) and biometric security. These measures are essential in safeguarding against unauthorized access and ensuring the integrity of transactions within the game's ecosystem.
As HoneyWood operates on its own blockchain and is part of the COSMOS ecosystem, it benefits from the inherent security features of blockchain technology, such as decentralization and encryption. This not only enhances the game's security but also its transparency and fairness.
It's important for players to choose a secure crypto wallet and be aware of the potential risks associated with cryptocurrency transactions. While HoneyWood offers an innovative and secure gaming experience, players should conduct their own research and exercise caution when participating in any crypto-related activities.
How will HoneyWood be used?
HoneyWood integrates blockchain technology into a casual gaming experience, offering players a unique opportunity to engage in play-and-earn activities. This game stands out by combining popular gaming mechanics with the ability to earn cryptocurrency, making it an appealing option for both gamers and crypto enthusiasts. Within HoneyWood, players can immerse themselves in activities such as farming and match-three (PvP) battles, with the progress in one aspect benefiting the other. For example, enhancing your farm can provide advantages in match-three games, such as access to special items or boosts.
The game operates on its dedicated blockchain and is part of the COSMOS ecosystem, marking it as the first of its kind within this network. It allows players to own NFT items, which can be mined, staked, and used in player-versus-player combat for coin rewards. This dual-token system comprises HoneyCoin and CONE, each serving distinct functions within the game's economy.
HoneyCoin is primarily used for in-game transactions, such as purchasing items, participating in tournaments, and acquiring services. It's noteworthy that HoneyCoin is not sold directly but can be earned through gameplay, specifically by engaging in farming activities. This process represents a decentralized token emission, controlled by the players themselves.
CONE, on the other hand, plays a crucial role in staking and governance. Players can stake CONE tokens and participate in voting for blockchain changes, thereby influencing the game's development and direction. The initial supply of CONE is set, but additional tokens can be generated through in-game activities like planting trees, which contributes to the game's move towards decentralization and community control.
In summary, HoneyWood leverages its blockchain foundation to offer a play-and-earn model where players can earn cryptocurrency through engaging gameplay, stake tokens for rewards, and participate in the governance of the game's ecosystem. This approach not only enhances the gaming experience but also introduces players to the principles of cryptocurrency and blockchain technology in an accessible and enjoyable manner.
What key events have there been for HoneyWood?
HoneyWood has experienced several pivotal moments that have shaped its journey in the blockchain and cryptocurrency space. Initially, the project gained recognition for introducing an innovative play-and-earn blockchain game, which seamlessly blends popular gaming mechanics with the ability to earn through gameplay. This game, notable for being the first of its kind in the COSMOS ecosystem, allows players to engage in activities such as farming and match-3 style PvP battles, with the added incentive of earning through these activities.
A significant development for HoneyWood was the establishment of a system that rewards players for planting trees within the game. This system not only enhances the gaming experience but also contributes to the game's economy by allowing players to earn HoneyCoin, one of the game's native tokens. This mechanism of earning HoneyCoin through gameplay is a key feature that distinguishes HoneyWood in the gaming and crypto markets.
Another crucial event was the observation that the game's resources were beginning to diminish as the player population increased. This challenge prompted the developers to innovate further to ensure the sustainability and scalability of the game's economy and ecosystem.
To address these challenges and to further decentralize the game's economy, HoneyWood developed its own blockchain, introducing two native tokens: HoneyCoin and CONE. HoneyCoin serves as the game's currency, facilitating in-game operations such as purchasing items and participating in tournaments. CONE, on the other hand, is used for staking and governance, allowing players to have a say in the game's development and direction. The introduction of these tokens and the separate blockchain represents a significant milestone for HoneyWood, moving it closer to a fully decentralized model where the community has substantial control over the game's future.
These events underscore HoneyWood's commitment to innovation and community engagement, positioning it as a noteworthy project in the blockchain gaming sector. However, as with any investment in the cryptocurrency space, it's important for potential investors to conduct thorough research and consider the project's early-stage nature and the inherent risks associated with such investments.
The live HoneyWood price today is $0.001328 USD with a 24-hour trading volume of $12,659.43 USD. We update our CONE to USD price in real-time. HoneyWood is up 0.02% in the last 24 hours. The current CoinMarketCap ranking is #5217, with a live market cap of not available. The circulating supply is not available and a max. supply of 19,204,805 CONE coins.
If you would like to know where to buy HoneyWood at the current rate, the top cryptocurrency exchange for trading in HoneyWood stock is currently BitMart. You can find others listed on our crypto exchanges page.