The Innovation Behind CowPark
Hello! Crypto and NFTs lovers, today we will be looking at CowPark and the innovation it brings to the NFT ecosystem and technology.
Before I take you on this amazing journey, let’s quickly glance through the meaning of NFTs
What are NFTs?
Non-fungible tokens (NFTs) as it is popularly called are a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many crypto. It’s generally built using the same kind of programming as cryptocurrency, like Bitcoin or Ethereum, but that’s where the similarity ends.
Physical money and cryptocurrencies are “fungible,” meaning they can be traded or exchanged for one another. They’re also equal in value — one dollar is always worth another dollar; one Bitcoin is always equal to another Bitcoin. Crypto’s fungibility makes it a trusted means of conducting transactions on the blockchain.
NFTs are different, meaning that each NFTs has a digital signature that makes it impossible for NFTs to be exchanged for or equal to one another (hence, non-fungible).
Now let’s answer the question on what is CowPark and the innovation it brings in the NFTs Ecosystem:
CowPark is a NFT Simulation Game (SLG) developed on Binance Smart Chain (BSC). It’s a combination of Metaverse, Defi, NFT and Gaming. The NFTs CowPark “Cow NFTs & Wolf NFTs” can be sold, recycled and staked in the market to get considerable earnings.
Isn’t that Amazing?
In CowPark there are two main types of NFTs, each being designed uniquely, peculiar and irreplaceable. They are the Cow NFTs and the Wolf NFTs.
What are Cow NFTs?
This type of NFT can be used to generate money in the game. The Cow NFT’s income is determined by its computational power. This processing capability can be increased by updating Cow NFTs (with Magic Herbs) and evolving the NFT to increase its earning potential.
The Cow NFTs have levels ranging from one to thirty. Level 1 Cow NFTs are available for purchase for 25$CC each. There is no limit to the amount you can spend on this type of purchase. Magic herbs are required to upgrade the Cow NFTs. These magical herbs are available for purchase at the store. A player must spend 5 $CC to upgrade a level 1 Cow NFT to a level 2 Cow NFT.
Each upgrade requires the consumption of one magical herb. The cost of the magical herb changes depending on the cow’s level. There is a chance of failure as well as success during the upgrading procedure. The Cow NFT may be upgraded by 1–5 levels at random if the upgrade is successful. If the improvement fails, the cow may be degraded by one to five levels at random.
What are Wolf NFTs?
Wolf NFTs, on the other hand, can be used to steal Cow NFTs’ revenue as well as devour them. It can also battle other Wolf NFTs (guarding players Cow Farm or attacking other players Cow Farm). There will be a 1:10 ratio of Wolf NFTs to Cow NFTs. Gray wolves, red wolves, Arctic wolves, and Siberian wolves are the four types of wolf NFTs. They’re also broken down into five categories: B, A, S, SS, and SSS. The grades are assigned at random to each Wolf NFT, but if the players are unhappy with their Wolf NFT’s grade, they can alter it using the “Adjustment Boxes” available in the store.
Also on the list of NFTs on the CowPark ecosystem are the weapon NFTs, this category of NFTs adds either ATK power of DEF power to wolf NFTs. This increases the chances of a Player’s Wolf NFT winning fights against other Wolf NFTs in the game.
Wow! It’s better done than talking; you need to try this out! CowPark gives NFTs lovers the opportunity to experience gaming at a whole new level.
As an NFT Simulation Game, CowPark possesses several unique characteristics that make it stand out from other NFT Simulation Games and Pet Raising Games. These include that:
CowPark ensures that the players’ NFT is recycled in order to preserve the players’ rights and interests in all aspects. The selected recycling price is decided by the Cow NFT level, which can be modified by changing the discount factor (30 percent by default). The following is the calculating formula: Theoretical value of the cow NFT* discount factor is equal to the recycling price.
Fair access and free trading of CowPark’s NFT across all DEX Platforms that supports BSC, also players can trade their Cow NFTs and Wolf NFTs on the platform’s internal NFT Marketplace. The platform charges a 5% miner’s fee for each trading.
On the game’s platform, CowPark guarantees a decentralized financial transaction. This is feasible thanks to the game’s implementation of DeFi features. Cow NFT enhancements provide the opportunity to increase revenue.
Don’t miss out of this amazing opportunity, where you simply entertain yourself, have fun and at the same time make money.