Use Cases

Encrypted NFTs enable gameplay mechanics impossible in traditional blockchain games by allowing players to own verifiable secrets.

Seed Phrase Hunt

Concept: A zero-sum treasure hunt where players trade encrypted NFTs to assemble complete Bitcoin wallet seed phrases and claim prizes.

Mechanics:

NFT structure:

  • Total supply: 2,400 eNFTs

  • 10 prize wallets (each containing rewards)

  • Each wallet requires 24 BIP-39 words to unlock

  • Each eNFT contains one encrypted word

Public metadata (visible to all):

  • Icon indicating which prize wallet (1-10)

  • Position number (1-24, showing word order in phrase)

  • Rarity tier (1-16 and 17-24 words on different phases)

Private payload (owner-only):

  • The actual BIP-39 word (encrypted)

  • Only readable by current NFT holder

Gameplay loop:

Players must:

  1. Acquire eNFTs through minting, trading, or winning Find-to-Earn hunts

  2. Decrypt owned NFTs to learn their hidden words

  3. Trade strategically to complete a 24-word set for one wallet

  4. Submit complete phrase to unlock prize

Strategic depth:

Information asymmetry:

  • You know your words, but not others'

  • Must infer what others hold through trading behavior

  • Bluffing and misdirection are viable tactics

Trading dynamics:

  • Common positions (1-16) trade frequently (high liquidity)

  • Rare positions (17-24) become bottlenecks (high value late-game)

  • Players form temporary alliances, then betray near completion

Market evolution:

  • Early game: exploration (which wallets are easiest?)

  • Mid game: specialization (commit to specific wallet)

  • Late game: competitive bidding for final missing words

Economic model:

Mint revenue:

  • 2,400 eNFTs × mint price = total raise

  • 90% distributed across 10 prize wallets

  • 10% protocol fee

Deflationary mechanism:

  • Players can merge 5 eNFTs → 2 higher rarity (burns 5 NFTs)

  • Reduces circulating supply, increases scarcity

  • Forces difficult choice: keep liquidity vs improve rarity for resale

Implementation Status:

  • 4,000+ eNFTs minted (Seed Phrase Hunt + Storyline)

  • Proven on Stacks mainnet

  • Multiple wallets unlocked, prizes claimed

  • Top trading volumes on Gamma marketplace

  • Community-run X with active trading channels

Why it works: Pure skill-based trading with no randomness post-mint. Winners are determined by negotiation ability, market timing, and information management—not luck.

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