Buy Shrapnel (SHRAP)

What is Shrapnel?

Shrapnel is a blockchain-based extraction shooter game developed by Neon Machine, a midsize gaming company. It operates on the Avalanche blockchain and functions as an ERC-20 token. The SHRAP token serves as the native cryptocurrency within the Shrapnel platform, facilitating various in-game transactions.

How does Shrapnel work?

Shrapnel is built on the Avalanche blockchain, utilising its consensus mechanism which involves soliciting a subset of validators to achieve agreement on transactions, rather than seeking votes from every validator. This enables greater throughput and scalability. Shrapnel leverages smart contracts to manage in-game assets, enable user-generated content, and support high-stakes gameplay. These smart contracts also provide voting rights on game content and protocol aspects.

What are the potential use cases for Shrapnel?

Shrapnel tokens (SHRAP) have multiple use cases within its ecosystem:

• Facilitating in-game transactions and asset trading.
• Creating unique Callsigns and listing them for sale.
• Buying and selling in-game assets like weapons, items, and skins.
• Participating in the in-game economy through trading and selling NFTs.
• Granting voting rights on game content and protocol aspects.
• Potential future use as a gas token to subsidize user fees.

What is the history of Shrapnel?

Shrapnel was developed by Neon Machine, founded in 2014 in Seattle by industry veterans. Announced in 2023, it stands as the world’s first blockchain-enabled first-person shooter game. Over the years, it has achieved significant milestones, including partnerships for authentic character creation and listings on several cryptocurrency exchanges. Despite its technological and market evolutions, it has experienced challenges, such as high-ranking individuals leaving and legal disputes among founders and investors. The game incorporates Avalanche blockchain technology, allowing players to own and influence the game's future roadmap.