Toshimon (TOSHI) Review
NFTs, decentralized finance and gaming have all made remarkable developments in recent years, undergoing innovative changes that gamers never thought possible previously. The most significant of these changes, of course, is the ability to play to earn gaming. Finally, gamers can earn money while playing games instead of being coerced into spending more.
The models of these games vary, but at their core, the concept remains the same: buy an NFT and use it to undertake various tasks and challenges, raising its value and earning you money.
As NFTs are all about collecting anyway, it seems the system was destined to support monster collector games. We have already seen loads of these Pokemon lookalikes spring up in recent years, and now we have another one that seems to be based more on the Pokemon Trading Card Game than the console versions.
In essence, the game is about collecting, training, and battling Toshimon cards. Each Toshimon has different stats, such as strength, defense, HP, and elemental type, and these can be increased by training to make them more powerful. Some Toshimon can even evolve, changing their appearance and dramatically raising their stats.
It all sounds very familiar, and the Toshimon even looks a lot like Pokemon, but the concept has been proven to work and has even been improved with the addition of Defi, meaning you can earn real cash rewards for winning battles.
What Exactly Are Toshimon Cards?
Toshimon Cards are the beating heart of Toshimon; they are the whole reason for playing the game. Just as with Pokemon’s “Gotta Catch ‘Em All!” mentality, Toshimon encourages players to collect cards and build up a powerful team with which to battle other players from around the world.
Each card symbolizes one Toshimon and is bought and stored as an NFT. In the game, you will be able to view all the Toshimon cards that you own and choose the ones you want in your battling team.
All in all, there are 151 Toshimon in the first generation, but there are plans to release new generations over the years. All in-game items such as healing potions and clothing are also traded as cards, and purchased packs may contain many of these.
Cards come in varying degrees of rarity, and when you open a pack, your cards are randomly minted by Toshimon’s smart contracts based on issuance chance. There are special legendary Toshimon too that are super rare and extremely valuable.
To create more diversity between Toshimon cards and add an extra layer to the combat, each Toshimon will also have a randomly assigned demeanor that raises one base stat by 10 points, meaning even two of the same Toshimon will have differences.
How Does The Toshimon Game Operate?
The game is fully browser-based and can run on most devices, including mobiles. At the moment, there is no world map or story to follow, and the gameplay revolves around simply collecting and battling, but there are plans in the works to add more depth to the game.
For each match, players select five Toshimon to use. When all of someone’s Toshimon have fainted, they will lose the battle. Each Toshimon has an elemental type, and certain types are super effective against others, so building a team with a lot of variety is useful.
Although each Toshimon NFT is bought and stored as a card when you enter a battle, your Toshimon will come to life and the fight will play out in 3D just like in the video games. The battles are turn-based, and each Toshimon can learn 4 moves that they can use in combat, or players can choose to use an item or switch out their Toshimon during a move instead.
Unlike other play-to-earn collection games, Toshimon doesn’t reward players from a central pot, and money is earned on a strictly peer-to-peer basis from wagering on battles or buying and selling rare or powerful Toshimon.
When searching for an opponent, players will select their wager from a set of 3 and an opponent will be chosen who matches their bet. The winner of the match takes all of the money.
The game features a central lobby and chatroom where players can meet friends, discuss their Toshimon and find battle partners. It is in this lobby where people will see your avatar and any cosmetic items you have purchased, so show off your flair and uniqueness!
How Is the Game Governed?
Toshimon utilizes a governance token called TOSHI that is used to decide who governs the platform.
Toshimon is controlled by a group called ToshiDAO, a decentralized autonomous organization in which every user can have their voice heard by voting on issues such as card minting caps and game rebalancing. Voting requires TOSHI, and the more you use it on a vote, the stronger your voting weight.
This structure was decided upon to encourage participation in the community, and so those who vote will also be rewarded with monthly airdrops in the form of ToshiCoins, another crypto token used on Toshimon that we will cover in more detail later.
What Exactly Is The ToshiDAO Fund?
The ToshiDAO Fund is the central reserve pool of the Toshimon ecosystem. A percentage of profits made from the game will go directly into this pool to help the platform expand by funding community-driven ideas or creating prizes for tournaments.
ToshiDAO will be in full control of the funds, and they will need to vote and come to a collective decision on how the money will be spent.
What Is the ToshiCoin Cryptocurrency?
ToshiCoin will soon become the main currency used in Toshimon; when the Dojo opens, these will be the tokens you will use to purchase card packs. It is a utility token created solely for use in Toshimon and so has no value elsewhere.
Other than being rewarded with ToshiCoins for DAO activity, players can also purchase them on decentralized exchanges or receive them by staking TOSHI.
Can You Stake TOSHI?
Yes! Staking TOSHI is one of the best ways to earn ToshiCoins, along with some exclusive Toshimon NFTs.
Toshi can simply be staked on its own, but if you want to earn ToshiCoins, you’ll also need to get some LP tokens. To do this, you’ll need to stake an equal amount of TOSHI and ETH to provide liquidity to the TOSHI/ETH Uniswap pool. This will reward you with LP tokens as proof of your deposit in the pool.
Once you have some LP tokens, you can then stake them directly in Toshimon and start generating ToshiCoins passively.
How Toshimon Tokenomics Works
Toshimon operates using two different crypto tokens: TOSHI and ToshiCoin.
TOSHI controls the governance of the platform and is used by players to vote on proposals and help direct the platform. ToshiCoin, conversely, is the main utility token of Toshimon-it is with this coin that you will purchase card packs and wager in battles.
Tosh can be purchased directly with Ethereum, whereas ToshiCoin is acquired by staking TOSHI/ETH LP Tokens or purchased with TOSHI at a rate of 2 TOSHI for 1 ToshiCoin.
To encourage staking, those who have TOSHI/ETH LP Tokens staked in Toshimon may also be randomly awarded an exclusive or legendary Toshimon card.
What Are TOSHI Crypto Tokens?
Toshi tokens are the governance tokens of Toshimon; that is, they are used to decide who has a vote on the platform’s operations. It is an ERC-20 token with a total supply of 100,000. No more will ever be minted, and once the total supply is distributed, the DAO will be decided.
Everyone in the DAO will receive a percentage of the platform’s profits, so holding these coins is crucial.
TOSHI can also be used to purchase ToshiCoins. Any TOSHI used in this process will be recirculated and used to support game development.
Toshimon is one of a load of Pokemon-style play to earn blockchain games that have emerged recently with the rise of NFTs, and it seems to be one of the better ones of the bunch.
The game mechanics have been perfectly replicated, including the allotted elemental types and move sets. Graphically, the game resembles some of the Pokemon games on the DS, so fans of the series will feel at home.
Adding NFTs and Defi into the mix is always going to win people over, but the system of earning money here is pretty unique to Toshimon. Wagering on battles and earning cash via a strictly peer-to-peer system adds more depth to the one thing that made Pokemon great: beating your mates in a battle.
The game has just been released and there are many plans in development for the future, so it’s too early to judge yet, but this game already stands out among the other monster collecting games out there. So, if you want to play a fun Pokemon-style game that can earn you money instead of just bragging rights, have a look at Toshimon.
- In essence, the game is about collecting, training, and battling Toshimon cards.
- The game is fully browser-based and can run on most devices, including mobiles.
- Toshi tokens are the governance tokens of Toshimon; that is, they are used to decide who has a vote on the platform’s operations.
- If you want to play a fun Pokemon-style game that can earn you money instead of just bragging rights, have a look at Toshimon.