HomeCryptocurrencyAlice Token (My Neighbor Alice): Review, Comments and Analysis 2022

Alice Token (My Neighbor Alice): Review, Comments and Analysis 2022

ALICE is the native cryptocurrency token of the multiplayer blockchain builder game My Neighbor Alice. The game will be released in Steam soon. There is a Steam Game page for Alice’s token game already. You can check the game page here.

It allows token holders to play, invest and be a part of the game. Players can buy and own virtual islands and receive rewards for activities such as farming, fishing and beekeeping, which all contribute to the creation of an Alice World.

Beyond the competitive virtual quests, the game’s utility token (ALICE) is used for several functions, like in-game purchases and participation in the game’s governance operations through voting.

My Neighbor Alice official twitter page:

You must have a cryptocurrency account to buy Alice coins. Click to sign up for the world’s largest crypto exchange Binance: Binance

My Neighbor Alice Token Details

TickerALICE
Token TypeERC-20, BEP-20
Initial Circ. Supply When Listed on Binance17,400,000 ALICE
Total Token Supply100,000,000 ALICE
Binance Launchpool Allocation3,000,000 ALICE
Binance Launchpool Start DateMarch 10th 2021

Which Crypto Exchanges Listed ALICE?


alice-token-coin-teknonel

Alice Coin Price Analysis and Chart

Alice coin has been following a downtrend for quite a long time now. With the recent crash of Luna coin, almost all altcoins have been falling and losing trust of investor.

The crypto market seems to be entered a consolidation period which is a good timeline for the market to gather strength, recuperate and go up to a bull market trend.

Alice coin is immune to inflation thanks to its limited total supply number. It wouldn’t be a surprise if Alice coin would stand out from other altcoins and start a bullrun. Alice Coin actually holds better than other altcoins when the market crashes.

The yellow lines in the chart indicate that there is a support/resistance zone. The first solid resistance is around $6. So we expect Alice coin to test that area in the near future but of course that depends on the news and bitcoin. We also suggest you to take a look at BTC Dominance and understand its importance on altcoin.

alice-coin-analysis-may-2022-min

We also highly suggest you to take a look at TLM Coin and Axs Coin because Alice coin mostly follows the same trends with these altcoins.

What is “My Neighbor Alice”?

My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends.

Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds – a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade NFTs, even if they have no idea what an NFT is.

My Neighbor Alice is the first attempt to create a truly public application with an exciting plot that would attract first ordinary players, secondly blockchain enthusiasts and DeFi nerds.

It has a light and intuitive interface with a variety of features to explore.

In My Neighbor Alice, only you will decide on how much you want to be involved in the game’s decentralized features and DeFi. Moreover, we designed the game in a way to make it “live forever” with a narrative that never becomes boring.

What is ALICE token?

ALICE is an in-game currency. It acts as the main method of payment on the network and can be rewarded to users during virtual competitive quests. ALICE is designed to give users control of game development through a decentralised autonomous organisation (DAO) called the Community Council where users can stake their ALICE tokens in order to participate in governance voting processes.

Within the in-game marketplace, players can earn ALICE tokens by:

  • completing certain quests
  • collecting and trading various items such as houses, fences, plants and animals
  • using an avatar to buy and build Plots
  • buying an avatar clothes or cosmetic items

Aside from playing the game, users can also lend, borrow or purchase NFTs, unique tokenised representations of digital files, within the in-game marketplace. This is a particularly unique feature because every item in the My Neighbour Alice game is an NFT, while Plots are the gameplay environments which players inhabit.

Since Plots are in finite supply, their value is determined by the scarcity of the assets they represent. Plots may also be used as collateral in the sense that players can earn a monthly interest from them through an integrated lending system that’s powered by smart contracts.

For example, when a user buys an NFT, a percentage of the purchase might go into a collateral pool associated with that particular NFT. A user then has the option to sell it back to the system for the price equivalent to the locked collateral, guaranteeing that all NFTs have a minimum value and cannot drop below a certain threshold.

Is ALICE Coin an NFT?

ALICE is the in-game currency and the governance token of My Neighbor Alice, a blockchain-based game highly utilizing NFTs. ALICE can be traded for a large number of unique Non-Fungible Tokens, such as plots of virtual land and in-game items of My Neighbor Alice.

Where Can I Play My Neighbor Alice?

My Neighbor Alice can be downloaded from Steam, or from the official website of the project. Currently, My Neighbor Alice is only available for PC, but there’s a possibility that a version for mobile devices and other systems will be released in the future.

How Do You Stake ALICE Coins?

Staking ALICE coins is very simple. The coins can be staked in-game, without having to leave the virtual world and without using any external platforms or applications.

Where Can I Buy ALICE Coins?

ALICE coins are available for purchase on a variety of major centralized crypto exchanges, including Binance, Bithumb, FlyBit, and Crypto.com Exchange. You can also invest in My Neighbor Alice using a decentralized exchange such as Uniswap or PancakeSwap. Unfortunately, ALICE has not been listed on Coinbase yet, but it might happen in the near future.

Will the ALICE Price Grow?

Most technical analysts agree that the ALICE price will keep growing in the foreseeable future. The ALICE price predictions for  2022, 2023, and beyond are looking very bullish, and the valuation of My Neighbor Alice is likely to erupt soon.

Is ALICE a Good Investment?

ALICE is a good investment according to a large number of blockchain experts, because of the fact that My Neighbor Alice is a rapidly expanding project, and it might become one of the largest crypto projects in the ecosystem. Since the ALICE coin is immune to inflation due to its small fixed supply, it is a good long-term store of value.

Not Investment Advice

The information provided in this article is intended for general guidance and information purposes only. Contents of this article are under no circumstances intended to be considered as investment, business, legal or tax advice. We do not accept any responsibility for individual decisions made based on this article and we strongly encourage you to do your own research before taking any action. Although best efforts are made to ensure that all information provided herein is accurate and up to date, omissions, errors, or mistakes may occur.
Disclosure: Authors are invested in cryptocurrency projects and have cryptocurrency holdings – including those covered on this website. 

Mehmet S. Kaya
Mehmet S. Kayahttps://teknonel.com
Mehmet is one of the administrator of Teknonel. As a software developer, he loves to share his knowledge in related topics. He is highly familiar with the editorial process from the inception of an article idea, through the iterative process, publishing, and performance analysis as well as product reviews.

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