This is a guest post by RaggaPrince, make sure to follow him on Twitter.

Disclaimer: This article was originally posted within the Wolves DAO Discord server on December 12th, 2023. It is based on the information that was available before December 12th and what RaggaPrince was able to finagle out of one of the co-founders. Since then, some of the information in the original article has become outdated as new information has come to light. Namely, this article mentions that APRS will not be airdropped to Primeval holders during the TGE and that the TGE will instead be through a community round. While there won't be an airdrop for the initial TGE, there will be airdrop(s) for Primeval holders at an unspecified point(s) in the future.

Everything in this article is the opinion of RaggaPrince and does not constitute financial advice.

Apeiron: A Tough Nut to Crack

It is my curse, apparently, to become interested in extremely complex gaming ecosystems. Yuga’s ecosystem pales in comparison to Apeiron. Luckily for you, you get to benefit from my affinity for information inefficiencies. Read on to learn about Apeiron, their surprisingly fun game, their upcoming migration to the Ronin network, their seemingly under-the-radar massive seed round, and, most importantly, their upcoming TGE (token generation event).

TLDR:

• Apeiron is a collection of NFT projects and an upcoming “god game” created by Singapore-based studio Foonie Magnus.

• Foonie Magnus received roughly $25M in funding through various seed rounds, an ICO, and through NFT sales.

• Apeiron’s TGE will be coming in Q1 of 2024 alongside the mobile launch of their game. Apeiron will be launching two coins: Apeiros (APRS) and Anima (ANIMA). APRS will be launched through a community round exclusive to Primeval and Star holders while ANIMA will be earned by all Planet holders for playing the game and completing quests.

• A demo of the game is currently available to play through the Epic Game Store. It’s surprisingly fun for a web3 game.

• Apeiron is hosting a daily check-in bonus here for anyone which features small community rewards and RON (token of Ronin chain).

• Planets are the most important asset in the Apeiron ecosystem and Primevals (also known as Exordium) is the most important trait. Primevals indicate that the Planet is an OG Planet from the initial mint. Primeval Planets get an allocation for the community round of APRS, multipliers on ANIMA earned in game, and significantly lower breeding costs. Non-Primeval Planets do not get an allocation for the community round but still can earn ANIMA by playing the game.

• Planets can be bred with one another to create a new Planet. This new Planet takes on a combination of the traits and characteristics of the parent Planets.

• Within Apeiron, there are 4 base elements that a Planet could be: Water, Earth, Fire, and Air. A Planet can be exclusively one element or it could be a combination of 2, 3, or all of the elements. A Planet with a single element is called a Pure and is considered the most powerful. The more diluted the “bloodline” of a Planet becomes, the less powerful it is. The goal, when breeding, is to try to get more pure Planets.

• Each Planet can breed up to 3 times. The amount of times a Planet has bred before is called Conjunctions. If a Planet has a Conjunction of 3, it has already bred 3 times and cannot breed again. Generally, the lower the Conjunction, the better.

• Every 24 hours, a Planet ages 1 year. The older a Planet is, the more powerful it can be in-game.

• Stars are used to buff Planets by increasing the speed at which they age. The spare capacity of Stars can also be rented out. Just like Primevals, Stars receive an allocation towards the community round for APRS. Stars are supposed to be the premium asset in the ecosystem but they are relatively underwhelming.

• Primeval Planets are by far the best asset in the ecosystem and feel cheap proportional to all of their benefits.

• The biggest negative of Apeiron is the fact that its assets have fairly low volume due to them being on Polygon. Migrating to the Ronin network could help or it could make this even worse.

• Though a strong project, Apeiron suffers- like most other gaming NFT projects- from having a not insignificant amount of elements that are either complicated, intangible, or extraneous.

What is Apeiron?

Apeiron is a collection of gaming NFT projects along with an upcoming cross-platform game created and developed by Singapore-based studio Foonie Magnus. The game, which is slated to release in Q1 of 2024, is described as a P2E “god game” in which you “play god” by controlling all aspects of a world and a population- similar to games like Black and White, Populous, Spore, and Sims. However, Apeiron is combining this genre with more typical RPG elements such as dungeons, guilds, and PvP. Currently, a limited early alpha version of the game is available to play through the Epic Game Store. Foonie Magnus, who has supposedly been developing this game for the last 7 years, has raised roughly $25M over the last two years: $4.5M through an ICO, $3M through a pre-seed round, $10M through a seed round, and approximately $6.4M through NFT sales.

Apeiron has a few NFT collections, but the two main ones I’m going to be discussing are Planets and Stars. Planets are the main asset of the ecosystem, giving you access to the game and the ability to earn tokens within it. Stars- and their accompanying Astronomicals- are basically the “land” assets of the ecosystem that serve to buff your Planets and will eventually be the basis of guilds within Apeiron. There’s also a final bundle of various NFTs called Relics, however, the only Relics that currently exist are Apostles and they aren’t super important right now.

Last week, Apeiron announced that they will be partnering with Sky Mavis and the Ronin network (yes, that Ronin network) and that all Apeiron assets, which are currently on Polygon, will be migrated to Ronin. The migration to Ronin will begin on December 18th. Ronin is touted as a blockchain specifically for gaming and is most famous for being the base layer of Axie Infinity. If, like me, you weren’t involved in Axie when it was big, then you probably know the name Ronin because it got exploited to the tune of $600M+ in March of last year. Sky Mavis has said that the exploit was a result of social engineering and not due to a vulnerability in the network itself. Since then, Sky Mavis has added additional validators to Ronin to prevent further security breaches as well as reimbursed those who were affected by the exploit.

To incentivize users to migrate and drum up attention, Apeiron is hosting a daily check-in bonus here. It’s unclear what benefits the daily check-in has but I’m assuming they are minimal. Doesn’t hurt to click “check-in” once a day. Most importantly, alongside this announcement that they are migrating to Ronin, they also shared more details of their coming tokens, the TGE of which will be happening sometime in Q1 of 2024 (likely will coincide with the release of Apeiron on mobile).