My Neighbor Alice

What Is My Neighbor Alice (ALICE)?

My Neighbor Alice is based on gaming concepts that are similar to Animal Crossing and FarmVille.

However, the underlying distinction would be the use of blockchain technology and NFTs, in that users can gather these non-fungible tokens for ownership and management.

The primary goal here is to attract a larger audience of token holders, those enthusiastic about blockchains, and yes, even gamers.

Developers and Partnerships

The game was founded and developed by Antler Interactive, a game development firm focusing on mobile and VR-based games. Some of its earlier titles include Krystopia and SVRVIVE: The Deus Helix. To name a few people integral to its development, Anna Norrevik, Oliwer Svensson, and Loraine Gauteul have a ton of experience and were all instrumental in its founding.

The Vision

One of the strategic visions of the game is to facilitate monetary incentives for those gamers who tend to be the most motivated and committed players, basically furthering the P2E concept.

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Why My Neighbor Alice is Buzzworthy?

What is it that can make this game particularly worthy of whatever buzz it may currently generate? Let’s take a brief look at that below.

An Innovative Blend

The game features an innovative take on monetization within gaming, due to how it has blended decentralized finance and gaming concepts pertaining to FarmVille and Animal Crossing, where you own a piece of land and are responsible for its growth and maintenance.

Unique Selling Points

What is probably the most unique aspect of this game is how the technology it uses creates an ecosystem that comes with an open-world game while featuring an entirely unique economy surrounding the lending of NFTs, and also how there can be a ton of things to do in general. What’s more, you can even play games while socializing with others.

Gameplay Mechanics

Here, we will be looking at some of the underlying mechanics behind this game, i.e., the things that make it work.

The Game World

The world that it is set in, which you can also purchase virtual plots of, is known as the Lummelunda Archipelago.

This archipelago consists of exactly six islands, which include Snowflake Island and its frosty wonderland, those ancient Medieval Plains, Nature’s Rest and its lush forests, the town called Lummestad, the Submerged Islands filled with adventure, and finally, the Sandy Coast and its tropical nature.

The Social Angle

The social angel within this platform can be viewed both from a gaming perspective and from a financial perspective.

For the former, it can be derived from how it allows individuals to play certain games with each other, i.e., a multiplayer experience allowing others to socialize with one another. As for the latter, you can buy and sell a variety of assets in the form of NFTs or tokens, which forms a trading economy centered around the players, creating another social experience.

The Virtual Economy and Its Real-World Implications

Considering how My Neighbor Alice is based on an entirely virtual economy, the likes of which would not have been possible to the same extent before, let us examine a bit of the implications of that within the real world.

Impact on Players

With the whole P2E concept, gamers have been presented with entirely new opportunities for monetizing their skills while having avenues for receiving tangible rewards.

In other words, they can earn all sorts of assets while they play and then be able to trade whatever they earn within various marketplaces or even use that to generate additional content that others can enjoy.

Broader Socio-Economic Impacts

As for the socio-economic impacts, those largely depend on how this economy is being utilized. For instance, since these games can serve as an avenue for earning while playing, they can be a fun way for impoverished families to ease their financial burdens whenever they are not working. Other than that, they can also be directed towards more charitable prospects or other issues that require more awareness. The socio-economic impacts that such endeavors could have, then, would be apparent.

How to Get Started

Here, we will look at some of the potential ways you can access or get on board with this game now.

Necessary Steps

Unfortunately, the game hasn’t completely launched yet, so one cannot play the full version at this moment.

It has already gone through two of its alpha seasons, and it is well into its third. Here, users get a bit of a feel for the game while reporting on any bugs they see. So, to do that, just head over to its website, download its launcher, and follow any instructions provided.

Tips for Beginners

Since the game borrows certain elements from Minecraft and Animal Crossing, there may be a bit of a learning curve to it, for which you will find the resources. Still, bear in mind that you are not engaging with a full product, so you may do well to act accordingly by not spending too much and to try instead to familiarize yourself more with the game, rather than taking it too seriously.

ALICE Token

Here, we will be directing our attention towards its native token, ALICE, and going through the roles it plays within the ecosystem it is a part of.

Earning Tokens

There can be a variety of ways for you to earn its native token. However, certain features, especially those pertaining to staking, have yet to be implemented. Still, you can earn some tokens by completing in-game quests and selling your assets in exchange for them.

Spending and Converting Tokens

What’s more, you can use its native token to spend on its marketplace, converting whatever you spend into the various assets that can be bought on it, like land, cosmetics, etc.

Tokenomics

Moving onto tokenomics, the ALICE token is currently worth around $0.75, and its market capitalization is over $60 million.

Moreover, its daily trading volume is more than $7 million, and its fully diluted valuation is over $77 million. As for its token supply, the maximum supply is exactly 100 million tokens, and its current circulating supply is slightly more than 78.6 million tokens.

How to Buy ALICE Token on Binance 

So, if what we have covered so far regarding this platform has made you interested in buying this token, then we will discuss that with regard to Binance, the world’s most popular cryptocurrency exchange.

Setting Up a Binance Account

Setting up your own account here won’t take you that long, as it’s pretty straightforward. Simply clink on the link below, and fill in whatever is required of you, which won’t be that much.

KYC Verification Process

Following registration, you will need to get your account at Binance properly verified. In other words, you will have to complete the KYC process. So, head over to its verification page, enter a few details about your identity, and then back that up with some documentation.

Enabling Two-Factor Authentication (2FA)

Once you have gotten your account verified, the next step will be to ramp up its security by setting up 2FA. To do this, navigate to its security page, choose the appropriate option, and then follow the instructions outlined by Binance about completing your 2FA setup, which will likely involve downloading a separate app like Google Authenticator.

Depositing Funds

Now you will need to deposit some funds within your account to be able to trade on the Binance exchange. You can do that by heading over to its deposit page, selecting your preferred token and network, and then pasting the deposit that Binance will generate onto an external exchange or your own wallet, to initiate that fund transfer.

Finding ALICE Token on Binance

To buy the ALICE token, you can do that using any of the various options provided. But if you want to use its spot trading option instead, then start by heading over to its spot trading page and selecting a trading pair that has the ALICE token, which you can utilize its search bar for.

Placing Your First ALICE Order

Once you have found a trading pair that suits you, you can then choose the type of order you want to make, i.e., market, limit, etc., adjust its parameters, and then finally place it. This may take a while if you choose any order type other than market.

Withdraw and Store in Wallet

After your order has been fully processed and you have acquired a few ALICE tokens, you can now transfer those tokens to your wallet using Binance’s withdrawal page.

Future Updates

As we are now moving into the final quarter of this year, My Neighbor Alice has a couple of important updates planned. For one, it will go into its fourth alpha season. During this season, it will develop quest frameworks, expand upon trade, and even add new regions to its open world.

Conclusions and Takeaways

My Neighbor Alice blends various DeFi elements, such as borrowing and lending systems, allowing users to generate profits while borrowing NFTs, making for unique open-world experiences. With blockchain-based systems that allow for communication and engagement between various users while simultaneously integrating a distinct kind of value into in-game items, the game may play its own part in popularizing the whole blockchain gaming aspect, potentially broadening the adoption of cryptocurrencies.

We Coin-Labs.com provides only objective information about My Neighbor Alice.
Therefore, we are not responsible for the investment decision in My Neighbor Alice and the resulting loss.

My Neighbor Alice Basics

Here are some factors that investors should consider before investing in My Neighbor Alice.

Cryptocurrency Features	My Neighbor Alice (ALICE)
Publisher or Developers
Headquarters (Registration Number)
Symbol	ALICE
Platform
Published Date (CMC Registration)	2024-11-01
Max Supply	No limit

Reliability Score of My Neighbor Alice in 2024

These are indexes mesuring the investment reliability of My Neighbor Alice conducted by Coin-Labs.com.

Investment Reliability Rating Items	Scores and Current Status
Company Activation Rate	/ 10.0 CAR
Communication Rate	/ 10.0 CR
Technology Transparency Rate	/ 10.0 TTR
Development Participation Rate	/ 10.0 DPR
Listing Status on the World's Top 10 Exchanges	Listed on 6 Exchanges
Number of Available Pairs Worldwide	250 Pairs
Market Cap of the Cryptocurrency	73,753,905 USD (Rank #412)

The table above shows the result of investment suitability evaluation for My Neighbor Alice.
Check out how we evaluate cryptocurrencies on the crypto rating description page.

My Neighbor Alice Price

Here are the price and recent trading volume of My Neighbor Alice. (Data of 2024-11-02 00:35:00)

Price Items	Price and Trading Volume of My Neighbor Alice
My Neighbor Alice Price	1.027 USD
Price Change 24h	-2.34%
Price Change 7d	-7.89%
Trading Volume 24h	8,035,858 USD
Trading Volume Change 24h	7.52%

Cryptocurrency Metadata

You can check the development status and social media information of My Neighbor Alice through the links in the table below.

Metadata Source	URL
🌎 Official Website
📖 White Paper
🛰️ Source Code (GitHub)
🐦 Twitter
🤖 Reddit
🎺 Message Board

Where to Buy My Neighbor Alice

Here are the top ten world crypto exchanges where traders can buy My Neighbor Alice in 2024.

Top10 Exchanges	Listed Status	Page URL
Binance	Listed	https://www.binance.com/en/trade/ALICE_USDT?type=spot
Coinbase	Listed	https://exchange.coinbase.com/trade/ALICE-USD
Kraken	Listed	https://pro.kraken.com/app/trade/alice-usd
KuCoin	Listed	https://www.kucoin.com/ko/trade/ALICE-USDT
Bitfinex	Not listed
OKX	Not listed
Huobi	Listed	https://www.htx.com/en-us/trade/alice_usdt
Bitstamp	Not listed
Bybit	Not listed
Gate.io	Listed	https://www.gate.io/trade/ALICE_USDT

Frequently Asked Questions