Big TIme has proven time and time again - pun intended - that it is on the road to become one of the best web3 and blockchain-native games in the space. The cooperative MMORPG Preseason Launch update is imminent, and it packs multiple new features that caters to a variety of players, including a very intricate rental system. However, the studio made sure to not only take care of its players, but for its guilds and other participants within the game's ecosystem as well.

Big Time can be labelled as a Generation 2 web3 game, aiming to offer a repetitive and enjoyable gaming experience. Unlike its predecessors, Big Time is not just about monetary gains; it's about creating a game that attracts regular gamers and customers. This vision is evident in its innovative rental system.

How Does It Work

Big Time's rental system stands out as one of the more innovative features being added in this significant Preseason update, especially when it comes to empowering guilds and creators. This system, while unique in its design, draws inspiration from successful models in the gaming industry, such as Fortnite's creator code system.

Fortnite's creator code system was a game-changer. It allowed creators to earn a share of the sales they drove to the game. Players, when making a purchase, could enter a specific creator's code, ensuring that a portion of their spend went back to that creator. This not only incentivized creators to promote the game but also built a symbiotic relationship between the game developers and the creator community. The result? Increased sales for Fortnite and a new revenue stream for creators.

Big Time's rental system aims to capture a similar essence. Guilds can collaborate with popular streamers and creators, offering them unique in-game assets for rent. For instance, a guild might approach a renowned streamer, crafting a bespoke in-game package tailored to that streamer's brand and persona. This "branded package" can then be rented out to the streamer's audience, creating a buzz around both the game and the streamer.

Let's break it down with a hypothetical scenario:

1. A guild collaborates with a top-tier streamer, creating a unique in-game package that resonates with the streamer's brand.
2. This package is offered for rent at a nominal fee, say $1 a month, ensuring accessibility and enabling the streamer to create more entertaining and quality content.
3. The guild then lists multiple packages at a premium price, providing the streamer with unique coupon codes for each.
4. As fans rent these packages, not only does the guild benefit from the premium listing sales, but the streamer also gets to keep renting the original package off the guild for the original nominal fee, further promoting Big TIme as a game and the guild's package while enjoying luxury cosmetics or items.

Much like Fortnite's creator codes, this system creates a win-win situation. Streamers and creators get a new avenue to engage with their audience, offering them exclusive in-game assets. At the same time, Big Time sees increased player engagement and sales, driven by the creators' influence.

Importance of Creator Economy

The rise of the creator economy signifies a shift from mass production to personalized creation. It champions the idea that anyone, regardless of background or location, can build a community, share their passion, and monetize their skills. This democratization of content production and distribution has led to a more diverse and vibrant digital landscape, where niche communities thrive and audiences find content tailored to their specific interests.

Moreover, the creator economy has not only transformed how content is consumed but also how brands and businesses engage with their audiences. Collaborations between creators and brands have proven to be mutually beneficial, with creators bringing authenticity and a dedicated following, and brands offering resources and broader reach. Such partnerships, as seen with Big Time's rental system and Fortnite's creator codes, highlight the potential for innovative monetization strategies that benefit all parties involved.