How to make money while sleeping with GoSleep?

I am paying attention to GoSleep, a web3 making money project while sleeping.

GoSleep is a HealthFi-focused lifestyle application that combines GameiFi and SocialFi. It is built on the Arbitrum ecosystem and has received more than $2 million in investment from institutions such as Foresight Ventures.

Although the goal of GoSleep is to encourage players to develop a healthy life and a healthy sleep lifestyle; but for players, what is more important is that sleep can make money P2E mode, sleep to earn.

How to play Gosleep?

Similar to running to make money STEPN, users need to buy running shoes NFT first; to enter Gosleep, players need a Bedroom NFT, and authorize GoSleep to obtain the health data of the user’s mobile phone or watch, and start sleeping to make money.

GoSleep is currently in the internal testing phase. From March 3rd to March 17th, two series of NFTs have been launched.

The Nightscaper edition issued on the ETH chain was cast and launched on December 20 last year. The destination board price is 0.8ETH, and the cumulative transaction volume is 140ETH;

There is also the Starlight Edition on the ARB chain, which is the second series of NFTs.

The casting price of the first batch of 1,000 whitelists is 0.03333 ETH, which will go online on February 22; the casting price of the second batch of 4,000 whitelists is 0.05555 ETH, and will go live on March 1.

The destination board price is 0.066ETH, which is about 105 US dollars, and a total of 185ETH has been traded. Those who grab the whitelist basically change hands again.

Similar to other P2E projects, GoSleep NFT has 4 levels: common, rare, legendary, and epic, corresponding to different attributes and rarities, and sleep scores affect user benefits.

After the player gets the GoSleep NFT, they set sleep goals, such as the time to fall asleep and wake up, and GoSleep calculates token rewards based on the sleep status.

What about Gosleep benefits?

GoSleep has the governance token ZZZ and the game token NGT, both of which have not yet been launched, and the price is unknown.

Earn tokens NGT by sleeping, the total amount is unlimited, NGT can be used to repair, mint and purchase new NFTs; ZZZ is a governance token with a total amount of 600 million, which is used to upgrade NFTs, purchase advanced NFTs, pledge profits, etc.

Players who hold NFT can participate in the internal test, and may get a good airdrop, up to $50000 $NGT.

At present, new users who register can get an additional 150 ZZZ and 15,000 NGT. During the internal test period, the official randomly selects 100 addresses every day to get NFT airdrops for free.

It can be downloaded through the Apple or Google store, and you can also fill in the invitation code E7ZQ73 of the Chuxiao Chain to explore GoSleep together.

There is a player who holds a level 9 Myth and 5 common NFTs, and can earn more than 3,000 NGT every day.

What are the risks of Gosleep?

Although the encryption market has picked up, it is still a bear market. Today, the price of Bitcoin fell below $22K again. Whether GoSleep can get out of the circle and attract players to enter remains to be verified by time.

The casting price of Gosleep NFT is 0.055ETH, and the current floor price is 0.066ETH. The increase is not obvious. I don’t know if it will perform better after the public beta.

Any P2E gameplay of web3 needs new users to enter the market to get out of the circle. Moreover, the current market is not very interested in various P2E gameplays, and the market also lacks liquidity. If the gold earning income is too low, it will be more difficult to retain users .

The launch of new projects cannot be discussed in the early stage, and it will be even more difficult in the later stage.

The current floor price is 105 US dollars. If the project is not implemented, the investment may be in vain; or the token price is not ideal, resulting in a long payback period.

In addition, there is an earlier online web3 sleep and make money Sleepagotchi, which started from free to earn.

Gosleep is very similar to Sleepagotchi in terms of product style, APP interface and NFT design, and it is also the place where users complain.

I don’t know whose marketing will be more popular in the future, and who will be able to get out of the circle?

Among various web3 projects, GoSleep, which makes money by sleeping, has a wider user base and implementation scenarios than running to make money, reading to make money, and learning to make money. If the team is strong in marketing, it may also bring new opportunities.

The most important thing is that users can really make money. Only when there is a money-making effect can FOMO get out of the circle and achieve sustainable development.

The above is just my personal opinion, no investment advice. I’m Chuxiaolian, and I’m paying attention to Metaverse and web3.

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