{"id":11051,"date":"2023-03-17T18:19:13","date_gmt":"2023-03-17T18:19:13","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=11051"},"modified":"2025-09-10T15:21:19","modified_gmt":"2025-09-10T15:21:19","slug":"what-is-micropets","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets","title":{"rendered":"What is MicroPets?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#what_is_micropets\" >What is MicroPets?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#characters_in_micropets\" >Characters in MicroPets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#what_micropets_offers_us\" >What MicroPets offers us<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#shop\" >Shop<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#inventory\" >Inventory<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#level_up_rank_up\" >Level Up &amp; Rank Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#marketplace\" >Marketplace<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#2d_nfts\" >2D NFTs\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#the_future_of_micropets\" >The future of MicroPets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-micropets\/#a_small_reflection\" >A small reflection<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 5<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>Not everything in this ecosystem is about understanding complex protocols, maximizing profits and discussing network security. There is also room for fun and recreation, Micropets, in this case, is one such option.<\/p>\n<p>While the \u201cgamer\u201d side of the crypto ecosystem is pursuing the big goal of role-playing games, Unity-powered graphics and ambitious metaverses, this is not a unique offering available.<\/p>\n<p>MicroPets is a game that captures certain trends in the crypto world, \u201cthe memes\u201d, and represents them in a \u201ccute\u201d or \u201ccuddly\u201d way. But, enough of the introduction. Let\u2019s get to know a little more about this game.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"what_is_micropets\"><\/span><strong>What is MicroPets?<br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p><strong>MicroPets is a\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-a-dapp\/\">decentralized application<\/a>\u00a0mounted on the Binance Smart Chain blockchain, which offers to buy and sell\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-are-nft-tokens-and-how-do-they-work\/\">NFTs<\/a>, which can be used on the platform, under the \u201cPlay to Earn\u201d modality. On more than one occasion it was named as \u201cthe modern tamagotchi\u201d.\u00a0<\/strong><\/p>\n<p>Clarification for those who do not have enough springs, tamagotchi was \u201ca virtual pet of the \u201990s. A small device with which we played to take care of virtual pets.<\/p>\n<p>Therefore, MicroPets replicates characteristics of that first virtual pet, to which it adds features of the blockchain. This gives the possibility of staking, empowering pets by locking them in a smart contract for a few days or purchasing food for them to achieve that goal.<\/p>\n<p>Undoubtedly,\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-blockchain-and-how-does-it-work\/\">blockchain<\/a>\u00a0and gaming are two universes destined to enhance each other.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"characters_in_micropets\"><\/span><strong>Characters in MicroPets<br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>As I explained in the introduction, MicroPets makes use of trendy characters in the crypto-current to create NFTs with utility within the platform itself.<\/p>\n<p><strong>Which characters am I referring to? Memes that we daily observe in crypto-twitter, or the social network we use,\u00a0<\/strong>such as the following:<\/p>\n<ul>\n<li>\n<ul>\n<li aria-level=\"1\">Bunny, a rabbit representing the Pancakebunny application mounted on the\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-binance-coin-bnb\/\">BSC<\/a>\u00a0network (it is a performance aggregator and optimizer).<\/li>\n<li aria-level=\"1\">Wolf, a cute little white fox in clear allusion to cryptowolf, a platform also mounted on BSC.<\/li>\n<li aria-level=\"1\">Cate, adorable kitten in allusion to the memecoin catecoin<\/li>\n<li aria-level=\"1\">Tiger, who comes to \u201cpersonify\u201d tigerfinance<\/li>\n<li aria-level=\"1\">Whale, the avatar that brings to life in the game the big players of the crypto ecosystem<\/li>\n<li aria-level=\"1\">Pepe, the famous meme used, almost, by all crypto-users<\/li>\n<li aria-level=\"1\">MetaFox, an elegant representation of the little fox that identifies Metamask<\/li>\n<li aria-level=\"1\">Feg, the ferocious gorilla that represents those who often fall victim to the fatal and inevitable FOMO<\/li>\n<li aria-level=\"1\">Unicorn, perhaps a reference to the most important DEX in the ecosystem,\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/uniswap-2020-guide-the-most-used-dex-of-ethereum\/\">Uniswap<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>After this presentation, it is time to know how we can get them and what we can do with these adorable NFTs.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"image_971471268\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets2.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets2.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets2-300x205.jpg 300w\" alt=\"\u00bfQu\u00e9 es MicroPets?\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets2.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets2-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets2.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"what_micropets_offers_us\"><\/span><b>What MicroPets offers us<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>Now it is time to delve into the options offered by this \u201cplay to earn\u201d platform.\u00a0<strong>Before starting, it is important to remember that this concept already indicates the purpose of the game. Beyond fun and entertainment, the game is played to earn money.<\/strong><\/p>\n<p>So, let\u2019s move on to analyze the platform and along the way learn why MicroPets is compared to Tamagotchi\u2026..<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"shop\"><\/span><b>Shop<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>In this section we will find two options, which guide us to the steps to follow to start playing. The first option takes us to the famous DEX PancakeSwap where $PETS, the native currency of this Play to Earn, can be acquired.<\/strong><\/p>\n<p>Once we have acquired the necessary amount, we can proceed to acquire these NFTs by minting (minting) them, using the PETS token mentioned above.<\/p>\n<h4><strong>The Pets \u201d minting \u201d process<\/strong><\/h4>\n<p>Here the game gets interesting and mystery enters the scene. Although we have 9 characters, each of the\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/guide-to-successfully-minting-an-nft\/\">NFT minting<\/a>\u00a0in this game has unique and unrepeatable characteristics.\u00a0<strong>Therefore, at the moment of minecraft we will find a box and inside this box, we will find the character that we have been given with its unique characteristics.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"inventory\"><\/span><strong>Inventory<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Here we will be able to observe the pets we \u201cadopt\u201d and really start playing. The game consists of depositing or \u201clocking\u201d our NFTs in a smart contract to receive rewards for this action.<\/p>\n<p><strong>There are three options that can be differentiated by their returns and other particular conditions:<\/strong><\/p>\n<ol>\n<li aria-level=\"1\"><strong>First, a standard pool with no lockout period,<br \/>\n<\/strong><\/li>\n<li aria-level=\"1\"><strong>Then, a pool with a 15-day lockout period.<br \/>\n<\/strong><\/li>\n<li aria-level=\"1\"><strong>As a last option, a pool with a 30-day lockout.\u00a0<\/strong><\/li>\n<\/ol>\n<p>Undoubtedly, for those who have been in this ecosystem for some months, will notice that this is\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/defi-use-cases\/\">DeFi<\/a>\u00a0and we are facing pools in which we can\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-cryptocurrency-staking\/\">staking<\/a>\u00a0our assets, in this case of NFTs representing pets. Of course, the longer the lock-in period, the higher the returns. It is important to emphasize that early withdrawal receives an extremely high penalty of 75% of the rewards so far.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"level_up_rank_up\"><\/span><b>Level Up &amp; Rank Up<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Possibly players or pet owners are not entirely happy with what they randomly got after mining. For this problem, there is a solution.<\/p>\n<p><strong>The possibility of acquiring pets that have a higher rarity or increasing the ranking of the ones we already have, are options available. Through a mechanism of burning the \u201cless rare\u201d NFTs, players can improve the level of the rest they own.\u00a0<\/strong><\/p>\n<p>It is estimated that the platform will grant different benefits and privileged access to those who own rare pets.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"marketplace\"><\/span><strong>Marketplace<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Finally we come to the section where players are able to trade their own NFTs.\u00a0<\/strong>For those who do not wish to wait for their pets to grow, they will have the possibility to buy pets with a trajectory within the platform that will allow them, for example, to multiply staking rewards faster.<\/p>\n<p>The options are really varied and, when looking at the offer, we can notice the large number of NFTs that have been minted on this platform.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2d_nfts\"><\/span><strong>2D NFTs\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>These cute NFT are the first version of the platform. Unlike the characters we have talked about so far, these NFT only have two dimensions, which makes them a non-moving image.<\/strong><\/p>\n<p>Given these characteristics, their price is lower and their usefulness does not go beyond being a collectible. The team behind MicroPets will invest the profits related to these NFTs in expanding the horizons of the platform.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"image_35160987\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets3.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets3.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets3-300x205.jpg 300w\" alt=\"\u00bfQu\u00e9 es MicroPets?\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets3.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets3-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/01\/MicroPets3.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"the_future_of_micropets\"><\/span><strong>The future of MicroPets<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>The current state of the platform, coupled with the success in terms of the number of mintings, has led the creators of MicroPets to sign an agreement with the Cubix team.<\/p>\n<p><strong>The objective of this alliance is to take these friendly mascots one step further and implant them directly into scenarios that allow them to perform an interactive game.\u00a0<\/strong><\/p>\n<p>Undoubtedly, enhancing the usefulness of these friendly NFTs would give a new perspective to the platform for the future.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"a_small_reflection\"><\/span><strong>A small reflection<br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>We find ourselves with a fun platform that appeals to the nostalgic side by recalling the first virtual pets in history and gives us some very nice NFT.<\/p>\n<p>Analyzing highly ambitious \u201cPlay to Earn\u201d projects that seek to corner the market and revolutionize the industry can lead us to underestimate projects with more earthly ambitions.<\/p>\n<p>Undoubtedly, MicroPets is not here to change the world, but it is here to give a relaxed and enjoyable experience that could make an interesting leap from carrying out the expansion to an interactive scenario.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 5<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>Not everything in this ecosystem is about understanding complex protocols, maximizing profits and discussing network security. There is also room for fun and recreation, Micropets, in this case, is one such option. While the \u201cgamer\u201d side of the crypto ecosystem is pursuing the big goal of role-playing games, Unity-powered graphics and ambitious metaverses, this is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[165],"tags":[],"class_list":["post-11051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/11051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=11051"}],"version-history":[{"count":2,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/11051\/revisions"}],"predecessor-version":[{"id":24594,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/11051\/revisions\/24594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/7224"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=11051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=11051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=11051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}