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Unlocking GameFest: A Deep Dive into Overtake’s Launchpools and $OVT Earning Potential

  • November 15, 2024
  • 5 min read

The Overtake platform, which publishes Web3 games, has launched its largest event called GameFest. This event allows players to earn a portion of the $OVT token supply by participating in tasks, playing games, and accessing special launchpools in multiple phases.

This post delves into the specifics of GameFest, such as the prizes, launchpools, gameplay, and what makes Overtake unique in the Web3 gaming industry.

The GameFest Airdrop Campaign by Overtake is their largest campaign yet, offering 85 million $OVT tokens as rewards. These rewards are divided among four launchpools.

During GameFest, participants have the opportunity to earn Achievement Points (AP) by finishing tasks and engaging in gameplay activities, like exchanging $GG tokens for AP. The total AP gathered will determine a player's position on worldwide and seasonal leaderboards, with higher rankings resulting in greater $OVT rewards.

To join GameFest, start by obtaining your GameFest Proof of Participation (POP) badge. This badge confirms that you were one of the first participants in the campaign and also verifies your account for airdrop rewards. Having the badge in hand reduces the chances of bot disruptions.

After receiving your POP badge, you can sign in using an IMX wallet or another wallet that is compatible, and then you can begin to complete tasks on the platform and earn rewards.

While playing the game, you can earn AP by completing different actions within the game, such as converting in-game tokens like $GG. The more AP you earn, the higher you will move up on the leaderboard, and those who perform well will receive rewards during the Token Generation Event (TGE). Additionally, there are referral incentives on the platform where you can earn extra AP by inviting friends to join and help grow the community.

Golden Guardians introduces a new game called GG Survivor, which is the first game-specific launchpool of GameFest and will be available on Telegram starting November 14. In this PVE survival mini-game, players will need to survive waves of enemies in order to earn points. These points can later be converted into Achievement Points (AP) that can be used to claim rewards on the leaderboard.

The GG Launchpool contains two separate leaderboards.

The system of having two leaderboards motivates players to stay involved and compete, offering them more opportunities to win rewards and improve their rankings.

Two new launchpools will be hosted by GameFest for the games Somnis and The Red One (TRO) following the one already held for Golden Guardians.

The Overtake Ecosystem is a platform that enables game developers to launch their games effortlessly and connect with a vast community of gamers. One of the games available on the platform is Somnis: Rumble Rush, a mobile strategy game that garnered over 30,000 sign-ups within the initial 3 weeks of its release and currently boasts more than 10,000 active players daily. This game features deck-building using NFTs and offers both player versus environment (PVE) and player versus player (PVP) modes to appeal to a diverse audience of gamers.

The Proof of Participation (POP) system by Overtake is the main component of the platform, providing players with Soulbound Tokens (SBTs) that link to their wallet and serve as a documentation of their accomplishments. By October 2024, more than 800,000 POPs have been created.

Additionally, the platform includes features related to Non-Fungible Tokens (NFTs), allowing users to exchange and enhance their in-game items. The platform boasts a large community of over 205,000 unique NFT holders.

In summary, GameFest is seen as a crucial opportunity for Overtake to expand. This event serves as an important moment for the company by offering a mix of airdrop rewards and different types of gameplay for both Web3 users and traditional gamers. GameFest includes NFTs, Soulbound Tokens, and referral rewards to create a dynamic and engaging environment for participants.

Throughout the event, new games will be introduced, along with additional features and rewards. Whether you prefer playing Golden Guardians, strategizing in Somnis, or competing in TRO, GameFest serves as an opportunity to learn about the Overtake platform and the concept of decentralized gaming.

Note from the editor: This content was generated with the help of artificial intelligence and has been reviewed for accuracy by Jason Newey.

Jason Newey is an experienced journalist who focuses on NFTs, the Metaverse, and Web3 technologies. He has a strong foundation in digital media and blockchain technology, allowing him to effectively communicate intricate ideas in his articles.

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Please note that the information on this blog is only for educational purposes and should not be considered as financial, legal, or investment advice. The opinions expressed in the articles are those of the authors and may not represent the official stance of NFT News Today.

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