Crabada
Crabada is a play-to-earn project on Avalanche, founded in August of 2021.[1] Players of Crabada collect crab NFTs (called Crabada) and can use them in many different ways throughout the game. Users earn the in-game currency TUS (and CRA for a short time) while battling other Crabada in the idle game, renting their crabs out in the marketplace, and there will be a battle game tentatively launching on May 15th 2022.
History
Crabada first tweeted on August 23rd 2021, which seems to be the first communication to the public.[2] A Medium article was released in September[3] detailing the idle gameplay and how potential players will be able to obtain Crabada. 6,490 Origin Crabada would be available in the Special Breeding Event, although it seems that number was changed to 5,640.[4]
In October, it was announced that Crabada would launch their governance token, CRA, on Avalaunch.[5]
Crabada received $600k in a strategic private investment round from Avalanche, Avalaunch, Skyvision Capital, Not3Lau Capital, Zee Prime Capital, Devmons, Wangarian and more.[6]
On November 2nd, 2021 Crabada opened registration for their Token Distribution Round 1 on Avalaunch. The sale was for 22,000,000 CRA at a price of $0.018 and a total of $400k was raised.[7]
Crabada also had a Community Bootstrapping Event on their native platform on November 10th for whitelisted users, and November 11th for the public.[8] This had a max allocation of 60,000 CRA per user and sold all 37,777,777 CRA for $0.018 per token.
The Special Breeding Event began on November 13th and ended on November 29th.[9]
CRA and TUS launched on Trader Joe on November 13th.[10]
The Crabada Idle-Game began on November 14th as an open beta.[11]
On November 30th, the project released a Battle Game prototype.[12]
The Swimmer Network, an Avalanche Subnet for Crabada was announced on March 4th.[13]
An anti-bot patch for the Idle-Game was released on March 6th to help users loot more.[14]
Gameplay
Crabada
Crabada is not only the name of the project but also the name of the NFTs that players will use in the game. There are 8 classes of Crabada which impact different base attributes.
Idle-Game
The Crabada Idle-Game has two options for users that own 3 Crabada.
Mining
Tokenomics
Distribution[15]
| Distribution | No. CRA Tokens | Vest | |
| Private Round | 6% | 60,000,000 | 1 year (3 months cliff, followed by quarterly release) |
| Community Bootstrap Event | 6% | 60,000,000 | - |
| Ecosystem Fund | 20% | 200,000,000 | 50% no vest, 50% unlocked 1 year later |
| Play-to-Earn | 30% | 300,000,000 | - |
| Staking Rewards | 13% | 130,000,000 | - |
| Advisors | 3% | 30,000,000 | 2 years (6 months cliff, followed by quarterly release) |
| Liquidity | 5% | 50,000,000 | - |
| Team | 17% | 170,000,000 | 2 years (6 months cliff, followed by quarterly release) |
- ↑ https://twitter.com/PlayCrabada/status/1431137236611784704
- ↑ https://twitter.com/PlayCrabada/status/1429972545344737282
- ↑ https://medium.com/@PlayCrabada/crabada-a-fully-decentralized-play-to-earn-idle-game-6cd4d9f64250
- ↑ https://medium.com/@PlayCrabada/crabadas-special-breeding-event-is-coming-380c083db617
- ↑ https://medium.com/avalaunch/crabada-x-avalaunch-ido-announcement-1aad25b46b0a
- ↑ https://medium.com/@PlayCrabada/crabada-concludes-600k-strategic-private-round-f19ea642143f
- ↑ https://avalaunch.app/project-details?id=10
- ↑ https://bootstrap.crabada.com/
- ↑ https://bootstrap.crabada.com/breeding-event
- ↑ https://medium.com/@PlayCrabada/crabada-is-listing-on-trader-joe-8076f669ffa5
- ↑ https://twitter.com/PlayCrabada/status/1460095229139177480
- ↑ https://medium.com/@PlayCrabada/crabada-releases-battle-game-prototype-5fad99996706
- ↑ https://medium.com/@swimmer_network/first-look-introduction-to-swimmer-network-testnet-alpha-launch-58716805dd3b
- ↑ https://medium.com/@PlayCrabada/fastest-pincers-first-snib-snib-22c40441bd5f
- ↑ https://docs.crabada.com/whitepaper/tokenomics#distribution-cra-token