In-depth Analysis of VoiceStreet Blockchain Game Project: The Economic Model and Investment Value of a New Star in GameFi

With the approval of the ETF and the arrival of the BTC Halving, a new round of encryption bull run has begun. The AI and MEME zones are exceptionally hot at the start of this bull run, while the GameFi track, which was the leader of the bull run in 2021, is currently lukewarm.

However, I believe that with the rotation of zones and the emergence of new high-quality projects, the GameFi sector will definitely have a place in this bull run. Therefore, I think it is very necessary to select some good chain game projects for layout, and among the many chain game projects, VoiceStreet is particularly worth paying attention to!

I got involved with the project in February 2024 and fully experienced all the game features during the first round of grayscale testing. After testing, I feel that the game's scenes and production are very exquisite, and the planning vision is also very promising. Therefore, I specifically went to the Hong Kong WEB3 Carnival some time ago and had in-depth communication and exchange with the project team at the exhibition.

Next, I will discuss why I am optimistic about VoiceStreet with these four questions:

• What is this project?
• Why choose this project?
• How to make money in this project?
• How can different identities better earn money in this project?

What is the VoiceStreet project?

VoiceStreet is a 3D metaverse ecosystem themed around music, combining GameFi, SocialFi, fan economy, and music copyright NFT trading. The project was established in 2021 and, after 2 years of development, Ark of Panda, as the platform's self-developed flagship game, has been completed.

It includes music games for earning gold, pet cultivation and PVP battles, live support, zero-sum probability games, and a very large PFP exhibition continent. Currently, the project's Genesis NFT-DPGU has a total of 10K on the BSC chain, with 1112 reserved for musicians, and the remaining 8888 circulating in the market, with the current market price over 200U.

Its token model will adopt a dual-token cycle mode, where the platform token will serve as the entry point for purchasing initial instruments ( mining machines ) and pets, as well as for PVP betting, while the consumed tokens generated from the blockchain game's gold mining will serve as the outflow and revenue of the game.

Why choose the VoiceStreet project?

Analyzing a project generally starts from four perspectives: investment background, project team, economic model, market community, and future planning. As we all know, the success or failure of a blockchain game heavily relies on its economic model, so the economic model is the key focus of this article.

1) Investment Background

Currently, VoiceStreet has received investments from more than fifty overseas project investment institutions and community investors from the United States, India, Vietnam, Russia, and Indonesia, with total financing of 4.5 million US dollars, including high-quality investment institutions such as certain venture capital and certain funds.

A certain capital successfully invested in a well-known game project, a certain capital successfully invested in a certain game, a certain capital successfully invested in a recently popular certain game.

In summary, the investment background in the blockchain gaming sector is relatively strong, with successful cases from the investment institutions behind it, and the project currently has collaborations with leading large exchanges.

2) project team

The project founder is a former executive of a music company, with rich resources in the music industry, so the project has signed well-known musicians from various countries, such as a certain individual. The team members mainly come from Taiwan, the United States, and Singapore. The game product planner is a graduate of a prestigious American university and has extensive experience in the blockchain industry. The development team consists of OG members from a well-known game.

The technical team has more than 20 people in Malaysia, all of whom are senior technical personnel from major companies, such as a certain game company. During testing, the functions and suggestions that our users provided can be quickly implemented, showcasing strong technical capabilities.

It can be said that the team is a cross-border combination of music + games, and the complementary pairing is worth looking forward to. I have also observed that the customer service and developers in the project's community have been increasing recently. From my experience, this is an important signal that the project is about to develop further and expand, which can be used as a reference.

3) economic model

The entire project is a Genesis NFT + dual-token circular economic model.

The positioning of Genesis NFT in the entire project is very high ( and must be given special attention! ), to enter the metaverse platform, one must hold the Genesis NFT or the invitation letter sent by it to gain access. In the economic model, there are additional promotional benefits and shareholder dividends, similar to the positioning of shareholders + promotional nodes, which will be detailed in the third question of this article.

The project adopts a dual-token circular economic model, where the platform token will serve as the entry point for purchasing initial instruments (, generating material mining machines ), and pets, as well as betting in pet PVP battles. Meanwhile, the consumed tokens generated from blockchain gaming will serve as the outflow and profits of the game. At the same time, the project team will use 85% of the platform token revenue to repurchase and destroy the continuously generated consumed tokens, thereby achieving token circulation.

What are the advantages of the project's economic model? How to avoid becoming a Ponzi scheme that pays old investors with new investors' money? I believe this project has the following advantages in its economic model:

Internal Loop

First of all, unlimited profits are eliminated. The mining machines in the game do not produce materials indefinitely; they continuously consume tokens. The factory has a loss value and needs to use platform tokens for charging to keep running. This means that the conversion ratio of platform tokens to consumed tokens is relatively fixed, and since not every player can maximize their token earnings, the actual output of consumed tokens by users will be less than the expected maximum amount.

Secondly, in the game, the upgrades of mining machines, factories, and pets will have an increased probability of failure as the level rises. The blueprints for unlocking high-level equipment also require players to complete elite levels, consuming tokens as costs. This process is also based on probability drops, which means that although high-end players will earn more consumption tokens in the game, their consumption amount is also greater than that of ordinary users, resulting in higher costs. After all, the goal of high-level players is more about earning PVP rewards and leaderboard rewards.

So in this process, the yield of the consumed tokens is further less than expected, and high-level players need to continuously reinvest tokens to enhance their strength, thereby solving the static large holders gently through reinvestment, unlike other chain games which withdraw through cards, allowing the economic model to keep circulating.

Thirdly, there are many zero-sum games within the game, which, through the internal consumption of the game, lead to continuous deflation of the tokens, further consuming the bubbles in the market and making the entire ecological cycle healthier.

In summary, VoiceStreet's internal economic model is designed in a way that does not naturally generate bubbles; the project's bubble will only occur in the supply and demand relationship of the secondary market.

So the key to whether the project can explode lies here. In the secondary supply and demand relationship, the consumption of tokens is gradually generated and released by users according to a ratio. If early participants firmly hold their positions and choose to consume tokens, then as the official repurchases consumed tokens through the platform's token revenue, the secondary market will become a situation where demand exceeds supply, and the consumed tokens will have a relatively optimistic performance in the secondary market.

At this time, an internal flywheel of a chain game was born. Users holding positions will start to hold back on selling their consumed tokens due to the market's rise, leading to a decrease in supply. Observing users and newcomers will be unable to resist the fierce market performance and choose to enter. Players who have already joined the game will choose to reinvest, resulting in a massive increase in overall demand. Speculators will also choose to enter to speculate and earn profits. At this time, the market will continuously experience FOMO, and the project's payback period will keep shortening. Newcomers will no longer hesitate about the starting point of the chain game, continuously entering the market, forming a positive spiral.

external loop

Fourth, in the platform's future planning, there will be land, housing furniture, etc. The platform will also collaborate with artists to hold metaverse concerts. Entry to the concerts will require tickets, and these virtual world items will also need to be purchased with platform tokens. Therefore, the platform token has actual consumption scenarios, rather than just being used as a tool for cutting losses like other projects.

At the same time, as I mentioned at the beginning, this project is a metaverse, and in the future, there will be more projects and communities connecting to the platform. For external project parties, they can save on the development costs of underlying technology and only need a portion of the cost to quickly obtain scenarios or custom games. This cost can only be obtained by purchasing platform tokens, which also means that the platform token serves as the cooperation entry point and medium for B-end.

The external cycle here, due to excellent scenarios and ecological planning, also has relatively good expectations for incremental users and incremental funds. If the external cycle can continue to land and grasp the rhythm well, it will boost the internal cycle of the project, and the project's level of popularity will further increase!

Therefore, considering the overall economic model, compared to the Ponzi scheme of other chain games like wave 369, VoiceStreet aims to create a long-term metaverse ecosystem for chain games. Thus, the design of its economic model is very aligned with its philosophy, which is also a distinctive advantage of the project.

4) Market Community and Future Planning

This perspective generally looks at project popularity, community activity, etc. Currently, the project is still in the internal testing phase, so this may not be very obvious, but some objective data is still worth referencing. Currently, the project party's testing invitations exceed 10,000, and there are over 40 communities with hundreds of members, so conservatively estimating, there are already thousands of active users. During the event in Hong Kong, there were also dozens of KOLs releasing project-related information, indicating a very high level of interest.

The marble game during the testing period ( zero-sum probability game ) also has a turnover of 100 million tokens. Test players really enjoy playing and all want to take a gamble in the arena.

As a testing phase, I think this performance is still acceptable. The only shortcoming may be that the current European and American markets are not active enough, mainly consisting of Chinese people. I hope the project team can continue to make breakthroughs in this regard.

In future plans, in addition to the GameFi-related content that has been in testing recently, the second phase this year will launch a music copyright and artist support program. The goal is to attract more users and heat to the entire VoiceStreet scene, allowing artists to better connect with their fans. These fans are also potential consumers and investors within the game scene in the future.

At the same time, in the third phase, as mentioned above, the entire metaverse scene will also integrate more projects. Currently, the announcement has connected with 10 projects, and the platform provides the scene and underlying technology for these projects. The project parties can provide heat and traffic for the platform. In the long run, this will definitely be a win-win collaboration, and the ecosystem will gain more and more traffic.

Of course, in addition to these ecological constructions, more games will also be added within the metaverse scene, such as racing mode, item mode, time trial, knockout, one-on-one duel, tournament mode, relay race, endless racing, collection system, special challenges, and betting gameplay, continuously enriching the games and scenes in the entire metaverse ecosystem.

How to make money in this project?

Here I would like to重点介绍一下 the project's genesis NFT.

As mentioned earlier, DPGU is the super node + shareholder of the project. In addition to various rights within the project (, such as exclusive game items and concert tickets, priority minting rights for land, and airdrops for future collaborative projects ), there are also the following three major revenue streams:

1) Invitation Earnings

All gamers must have an invitation to enter our metaverse game. As a holder of DPGU, the users you invite to the game will earn a 5% profit from the game, which will be shared with you when they withdraw from the game. Additionally, the users you invite can continue to invite others into the game, and you will also receive 1% of the earnings from the invited players.