The reality of the blockchain gaming universe can be just as wild as an undead uprising. Recently, Gala Games announced the shutdown of 'The Walking Dead: Empires,' leaving players wondering about the fate of their hard-earned and valuable NFTs. This FAQ will walk you step-by-step as you navigate this frustrating shutdown process. It will highlight Gala Games’ NFT replacement compensation plan and provide tips on how to assess the true value of replacement NFTs. It will explore innovative needs for utilizing ‘Walking Dead’ NFTs across various metaverses and blockchain-based games. This will open new game-infusing opportunities for players to redeploy their digital assets.

Understanding the Shutdown of 'The Walking Dead: Empires'

Gala Games made the "difficult decision to sunset The Walking Dead: Empires" after over three years of development and more than a year in open beta. While the company has not elaborated on the exact causes of the shutdown, many players are understandably frustrated at the lack of transparency around what went wrong.

The Unexplained Sunset

The absence of a clear statement from Gala Games has led to rampant and wild rumors among the gaming community. As the sun sets on this ambitious endeavor after an eye-popping $500 million infusion of cash, this decision indicates a trend away from long-term sustainability. A few things are likely happening here. Low player engagement, high development costs, and unanticipated technical challenges could each be factors as well.

Player Concerns and NFT Value

So of course the announcement of the shutdown sent players into a panic. This is mainly because they had invested a ton of time and money into their gameplay and NFTs. Many players criticized giving these digital assets a lower status than they deserve, especially since they can lose them all through a forced and abrupt departure. To illustrate the dramatic shift of value, one player pointed out Lands that previously traded for more than $10,000 apiece are now being exchanged for the equivalent of $2 mystery boxes, a reflection of just how damaging the shutdown has been to these NFTs. What can participants experience in a gathering like this?

Gala Games' Compensation Plan

In response to the shutdown, Gala Games has offered a compensation plan to players who own 'The Walking Dead: Empires' NFTs. The company plans to distribute other NFTs from its gaming ecosystem to users, aiming to provide those with “equal functionality” to their existing 'The Walking Dead: Empires' NFT holdings. Players will earn NFTs that play a similar role in different Gala Games titles. This allows them to truly play to earn, using their digital assets in multiple ways across the Gala Games ecosystem.

Evaluating the Value of Replacement NFTs

When receiving replacement NFTs as compensation, it's essential to evaluate their value to ensure fair compensation and identify potential revenue generation opportunities. Here's a breakdown of key factors to consider:

Market Capitalization

Like with any form of digital art, the market capitalization of an NFT can give you a solid representation of its collective value and popularity. To calculate market capitalization, take the NFT’s total supply and multiply it by the average price of that NFT. This will give you a sense of the total value of all NFTs in the collection, which can be compared to the value of your original 'The Walking Dead: Empires' NFTs.

Discounted Cash Flow Model

For revenue producing NFTs, you can employ a discounted cash flow (DCF) model to get a clearer sense of their intrinsic value. This strategy might extend beyond NFTs with exclusive in-demand resources. This involves predicting the asset's unhedged free cash flow and discounting it to today's value. By projecting the future cash flows that the NFT is likely to produce, you can arrive at a net present value.

Key Considerations

Here are some important factors to keep in mind when evaluating the value of replacement NFTs:

  • Single Use vs. Reusable: Determine whether the NFT has limited resale or reuse value (single-use) or can be used across multiple platforms and in future games (reusable). Reusable NFTs typically hold more value due to their versatility.
  • Rarity and Uniqueness: Consider the rarity and uniqueness of the NFT. A one-of-a-kind NFT has inherently higher value than a project with numerous tokens. Look for NFTs with unique traits or attributes that make them stand out from the crowd.

Exploring Alternative Uses for 'Walking Dead' NFTs

Here are some alternative uses for these digital assets:

The Sandbox

Marvelous NFTs ‘The Walking Dead’ NFTs have teamed up with Ethereum based metaverse game, The Sandbox. Players can explore a world of Walking Dead NFTs and create their own unique experiences in The Sandbox. They can create one-of-a-kind experiences, build imaginative worlds, and interact with other players. The Sandbox serves as an engaging and collaborative creative playground, connecting our community through the creative spirit. Here, gamers can step into their ‘Walking Dead’ NFTs to experience them like never before.

Eluvio Blockchain

Unlike some other NFT platforms, these ‘The Walking Dead’ NFTs were hosted on the Eluvio blockchain, which is purpose-built to support digital content and media. Players can jump deep into the Eluvio ecosystem to discover all kinds of new ways to enjoy their NFTs. They can attend unique virtual events, unlock members-only content, and most importantly, trade these NFTs with other collectors. Almost unrecognizable media-rich territory The Eluvio blockchain provides the backbone of a platform for delivering, discovering, and interacting with ‘The Walking Dead’ NFTs.

Other Blockchain Games

The new ‘Walking Dead’ NFTs will be compatible with any other blockchain games which include NFT cross-platform functionality. You can incorporate these NFTs as in-game players. They act as supplies, weapons, or deeds to property for establishing your home base. This allows players to imbue their digital assets with value and utility across a multitude of gaming experiences. Thus, it significantly increases the value and utility of their NFT holdings.

Virtual Communities

For fans, a community marketplace to purchase, sell and trade their NFTs, and unlock real-world fan experiences connected to the series. These online fandoms help to foster a truly thrilling environment to engage viewers of all ages. Here, they can interact, celebrate their love of ‘The Walking Dead’ and learn exciting new ways to experience the franchise.

Redeploying Your Digital Assets

The shutdown of 'The Walking Dead: Empires' presents both a challenge and an opportunity for players. The closing of the game is of course very sad news. Unlike some other platforms, Gala Games will provide a reimbursement plan and allow players to use their ‘Walking Dead’ NFTs in other metaverses and blockchain games — providing players with multiple ways to recoup their investments and continue engaging with their digital assets.

Evaluating Gala Games' Offer

Carefully evaluate the replacement NFTs offered by Gala Games to ensure they provide equal functionality and value compared to your original 'The Walking Dead: Empires' NFTs. Think about all of the criteria listed above like market cap, discounted cash flow, single use versus reusable, rarity and uniqueness.

Exploring New Opportunities

Click through to see how ‘Walking Dead’ NFTs could be deployed in entirely new ways. Dive into the metaverse, blockchain gaming, and other virtual worlds. Discover new, creative ways to leverage your digital assets and network with other passionate super users!

Community Engagement

Become part of the ‘Walking Dead’ fan community to discuss your favorite contests, prizes and more! Meet other NFT creators and collectors, and discover exciting new possibilities for your NFTs! Work with other stakeholders to increase the impact of your digital assets. Come to community events to help make them even more productive!

The shutdown of 'The Walking Dead: Empires' serves as a reminder of the dynamic and ever-evolving nature of the blockchain gaming world. Setbacks are a natural part of this business. Yet, it will be the resilience and adaptability of the players and developers that will lead to innovation and new opportunities in this vibrant space. By understanding the shutdown process, evaluating the compensation plan, and exploring alternative uses for 'Walking Dead' NFTs, players can navigate this transition and continue their journey in the metaverse.