What is Crabada?

Looking for a thrilling adventure in the world of decentralized gaming? Look no further than Crabada, the exciting new game now available on Avalanche! In this action-packed game, players take on the role of a crab, navigating through a dangerous underwater world filled with predators, obstacles, and treasures waiting to be discovered.

Crabda was launched in 2021, just as the hype on Axie Infinity reached its peak. Make no misunderstanding, Crabada looks literally like a copy of Axie Infinity in just about every aspect. The only difference is that Crabada runs on Avalanche network. There is not much to say about the game's history, as the team is still improving its in-game economy. Players can fight in a PvE or PvP environment, and mine for aquatic treasures.

Players can earn in-game crypto assets, CRA, CRAM, and TUS, through mining, looting, breeding their crabs, or staking tokens. But Crabada offers a lot more than crab fight. It also has a blooming economic system where players can truly earn their in-game assets.

Each Crabada is an NFT, representing the player's ownership of the character. This opens up the possibilities for selling Crabadas on the marketplace, or breeding them to create unique creatures.

All assets on Crabada are secured by Avalanche network. In the upcoming upgrade, Crabada NFTs will migrate from Avalanche C-Chain to Swimmer Network, a subnet dedicated for gaming on Avalanche. It's safe to say that Crabada assets benefit from Avalanche's strong security. To this day, neither Crabada nor Avalanche have been hacked.

Details about the Crabada DAO remain scant for now. The team is still working on the new economic model for the game. It can be assumed that with the new version, Crabada will have its own DAO, where CRA token holders have control over the game development.

How does Crabada work?

Crabada is a play-to-earn game on Avalanche, where players can mine, loot, and breed their Crabs. Each of these activities tie in to a larger game economy. Let's see what the Crabada has to offer!

The Crabada NFT

Players can choose to breed from eight distinct classes of Crabada, with each class containing eight Breed Types that have unique skillsets in battle. Specifically, the Breed Types are associated with the body part of a Crabada. Furthermore, each Breeding Type influences the amount that can be mined. 

Whether you choose PvE or PvP, there are three main class archetypes: Tanks, Damage, Support. On top of the class archetypes, there are 8 classes than can inter-breed to create new Crabs.

The breeding system is similar to Axie Infinity, in the sense that offsprings inherit characteristics and abilities from their parents. There is an infinite variety of Crabs that can be created using the breeding system. 

Each breeding activity creates a blockchain transaction, and breeding completes once the transaction is successfully confirmed on the blockchain. In order to breed, users need to own two Crabs and TUS tokens. The more times a Crabada has been bred, the larger the amount of TUS required.

In terms of gameplay, Crabada uses an automated battle system – crabs will fight by themselves as you sit comfy and watch. At the end of every battle, the player is awarded with CRA and TUS tokens. Furthermore, users can send their Crabs to mine resources. At the end of the expedition, users earn more CRA and TUS tokens.

The game is focusing on mining missions and breeding rather than the actual gameplay. 

TUS Token

Crabada primarily uses teams of three crabs to earn the in-game currency TUS. 

TUS is is the network token of Swimmer Network, and used to buy/sell Crabada on the Crabada Marketplace.

GUS Token

GUS is the in-game currency and can be crafted with Materials that are obtained by playing in the Mining and Looting modes in the Battle Game.

Price Prediction for CRA: Can it hit $1000?

Buying and hodling CRA — the native token of Crabada— is one way of potentially making money on CRA.

By looking at its current price, it’s natural to think about the chance of CRA hitting $1000 per token. This can happen sooner, or way in the future, and is determined by a couple of ever changing factors.

Let’s examine the potential growth of the CRA token by analyzing its tokenomics. CRA’s current market cap sits comfortably at ${MARKET_CAP}. With {CIRCULATING_SUPPLY} CRA tokens being in circulation today, that means a price of {PRICE} per CRA.

How did we come to that calculation? It’s quite easy, the price of a CRA token is equal to its current market cap divided by the number of tokens in circulation. Dividing ${MARKET_CAP} by {CIRCULATING_SUPPLY} gives us a result of {PRICE} for each CRA coin. 

By changing the order in the simple formula above we can use it to calculate other things as well. This helps us a lot because we can deduce the market cap of CRA at different token prices. Then, we can use the result to compare it to the current state of the network and see what would be required for CRA to hit that price.

At a price of $1000 per token, that means the current market cap of CRA would equal ${{CIRCULATING_SUPPLY} * 1000}. Remember that we arrived at this number by multiplying the amount of circulating tokens by $1000.

Now let’s shift our attention to the fully diluted market cap.

Some blockchains may have their tokenomics built in a way that only a small percentage of tokens are circulating at the beginning. This can be misleading because we don’t have the full picture and only take into account the current number of coins released in the market.

The fully diluted market cap represents the total value of a coin if all tokens were in circulation. CRA’s whole supply of tokens is {MAX_SUPPLY - TOTAL_SUPPLY + CIRCULATING_SUPPLY} CRA which means that no more coins above that number will ever be created.

These tokens are not created at the discretion of a specific entity. They are created automatically by the network to reward different actors that keep it secure.

How does this impact the price of CRA? Taking into account the current price of a CRA token, that would result in a fully diluted market cap of ${MAX_SUPPLY - TOTAL_SUPPLY + CIRCULATING_SUPPLY * PRICE}. CRA coins that have been burned are not taken into consideration because they have been permanently removed from circulation.

Whether it seems gigantic or not, the number we came to above only takes into account the current price of a CRA token. Doing the same calculation but with a price of $1000 gives us a result of ${{MAX_SUPPLY - TOTAL_SUPPLY + CIRCULATING_SUPPLY} * 1000} for the CRA protocol fully diluted market cap.

These are all crucial details to know when calculating if CRA can reach the price of $1000 per token. If the diluted market capitalization is way too high, the token has little room left to grow. Blockchains in general have no cap on the value they can reach, whether that number seems possible it’s totally up to you.

The future of CRA depends solely on its growth as a network used by tens and hundreds of millions of users.

If you’re looking to add some CRA to your portfolio, the most trusted places to get some are Binance and Coinbase.