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What is Crabada (CRA)? All you need to know about CRA token

What is Crabada? What makes this play-and-earn NFT game unique? Learn more about CRA Tokenomics in this article!
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lochoang
Published Nov 21 2021
Updated Jun 30 2023
5 min read
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Axie Infinity is a game that is all too familiar to us, and it practically starts off the blockchain world's play-to-earn movement.

Today's article will introduce you to a similar game that has just been highly popular on Avalanche and also invested by Ava Labs, Crabada.

What is Crabada?

Crabada is an exciting Play-and-Earn NFT game set in the future occupied by fierce fighting Hermit-Crabs. Players will rediscover the prosperous ancient Kingdom of Crabada and earn rewards through activities such as mining, looting, breeding, battling, exploring, crafting, and more.

This is an idle game, which means users can play it whenever and wherever they want with little disruption to their daily life. Furthermore, the gameplay also provides its players with not only entertainment but also financial value.

Learn more: What is Play to Earn? The future of Play to Earn games

Crabada Website: https://www.crabada.com/

How does Crabada work?

The game supports a wide range of activities for players

Crabada NFT assets and core gameplay effectively combine to create an addictive and undeniably fun experience. The game’s goal is to bring an innovative play-and-earn model to market through a unique PvMP (Player Versus Player)-infused idle gameplay.

Users can mine, loot, and breed their own $CRA to strengthen their forces within the system. Earners of their governance token are invited to shape the kingdom’s future through governing powers and decide its fate.

  • Mining Expedition: Crabada is a productive asset that can be deployed into the various mines of the undersea world. Players can select a vacant mine and deploy their Mining Party. The hardworking Crabada will begin the process of mining treasure without any supervision required from players. 
  • Looting Mission: Crabada can be used to loot a mine that is occupied by a Mining Party. Depending on whether the Mining Party sends reinforcements to defend their mine, each Looting Mission will take from 1 hour to 2.5 hours. A Looting Party will receive 0.3 CRA and 24.3 TUS for each Looting Mission in which users participate
  • Crabada Breeding: In order to start breeding, Players are required to have two Crabada that are eligible for breeding, and a sufficient amount of Breeding Material to cover the Breeding Cost.

In addition, the project also has a marketplace where users can view their Crabada and Eggs that are currently in their wallet, as well as their balance of CRA and TUS. Players can browse through listings of Crabada to buy, as well as list their own Crabada for sale. 

What is CRA token?

The project has 2 utility tokens:

  • CRA is a governance token that is rewarded through stakes, and playing the game during the incentive period. 
  • TUS (Treasure under the sea) is the in-game currency earned through playing the game in the form of Mining, Looting and Lending Crabs through the Tavern. However, TUS can be earned through gameplay or purchased via DEX.
CRA and TUS are the utility tokens of Crabada

CRA Token Information

CRA Token Metrics

  • Token Name: Crabada
  • Ticker: CRA
  • Blockchain: Avalanche
  • Token Standard: ARC-20
  • Contract: 0xA32608e873F9DdEF944B24798db69d80Bbb4d1ed
  • Token Type: Utility, Governance.
  • Total Supply: 20,000,000 CRA
  • Circulating Supply: 65,625,822 CRA

CRA Token Allocation

  • Play-to-Earn: 30%
  • Ecosystem Fund: 20%
  • Team: 17%
  • Staking Rewards: 13%
  • Community Bootstrap Event: 6%
  • Private Round: 6%
  • Liquidity: 5%
  • Advisors: 3%
CRA Token Allocation

CRA Token Sale 

CRA

  • Private Round: $0.01.
  • Community Bootstrap Event: $0.018 
  • Avalaunch IDO: $0.018 (Raised $400,000)

TUS

  • Listing Price: $0.002.

How to buy CRA 

CRA can be purchased via these exchanges:

  • CEX: MEXC, Hotbit.
  • DEX: TraderJoe, Pangolin.

Besides that, you can also buy YFI on Coin98 Exchange in the section “Swap” as you can see from the end of this article.

Learn more: How to use Coin98 Exchange

How to get CRA 

The airdrop and presale events for CRA already ended.

Therefore, users can earn CRA tokens by staking or playing the game. On the other hand, TUS tokens will be distributed through other activities such as Looting or Mining.

300,000,000 CRA Tokens are distributed to play-and-earn

How to store CRA 

You can store CRA CRA on Coin98 Wallet with these steps:

Step 1: Open Coin98 Wallet & click Receive on the home screen.

Step 2: Search CRA Token.

Step 3: Click on the correct result, copy the wallet address and send CRA to this address.

How to store CRA using Coin98 Wallet

Roadmaps and Updates

Q4 2021

  • Community Bootstrap Event (Nov).
  • Special Crabada Breeding Event (Nov).
  • Crabada Breeding Feature (Nov).
  • Crabada Marketplace (Nov).
  • Idle Game Release (Nov).
  • Battle Game Prototype (Nov).

Q1 2022

  • Battle Game Release (Mar).
  • Cross-Platform.
  • PVE Campaigns.
  • Quests.
  • Player Levels.
  • Crabada Levels.
  • L2 / Private Chain.

Q2 2022

  • Land Ownership in Crabada (Apr).
  • PVE Tower Maps (May).
  • PVP Matchmaking (June).
  • Global Rankings for Campaign, ELO, Player Levels (June).

Q3 2022

  • Game Item Marketplace (Jul).
  • Game Item - Equipment (Jul).
  • Game Item - Medals (Aug).
  • Game Item – Skill Books (Sep).

Q4 2022

  • PVP Tournaments (Oct).
  • PVE – Additional Content (Nov).
  • Friends List (Dec).

Team, Investors, and Partners

Team

The founding team consists of experts with multiple years of experience working on blockchain applications.

Investors

Crabada is invested by Ava Labs, Avalaunch and other popular venture capitalists such as Zee Prime Capital, Devmons.

Partners

Updating...

Is CRA a good investment?

This article has provided some of the main ideas related to the CRA token and its implications. However, it is important to note that there are a few key points that investors should take into account before making investment decisions:

Overall, the core gameplay of Crabada is similar to Axie Infinity, the only difference is the set of characters and theme of the game. The design of the game is not unique but rather be user-friendly and easy to understand as many players who have played Axie Infinity before can switch to this game without taking too much time to learn. 

Crabada is invested by Avalanche Labs

Crabada is one of the first play-to-earn games built on Avalanche and the project is also invested by Ava Labs. As GameFi is becoming more popular these days, Crabada can potentially be the most successful game in the Avalanche ecosystem. This will accelerate the development of other projects in this sector as well.

Crabada is the most successful project raised on Avalaunch with over 11000% return of investment. Axie Infinity opened up the opportunity for play-and-earn industry by being the most successful play-to-earn project in the market, we can totally expect Crabada can do the same thing within the Avalanche ecosystem. The massive surge in ROI from Crabada be the stepping stone for many gaming projects to come on Avalanche.

ROIs of projects launched on Avalaunch

Similar Project

Axie Infinity (AXS): An NFT-based online video game developed by Vietnamese studio Sky Mavis. Players can earn AXS tokens by playing and using them to decide the future of the game.

Conclusion

I hope you have gained all of the important information about CRA including its features and highlights throughout this topic.

If you have any questions about CRA or want to know more about CRA, please feel free to leave a comment below for further discussions about Crypto.

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