Research Report | Detailed Explanation of Thefarm.Fun Project & FARM Market Value Analysis

TheFarm.Fun is the first on-chain generative artificial intelligence (GenAI) game built entirely on Hyperliquid. It integrates CryptoKitties 2.0's biological generation, Stardew Valley's farm simulation, and Pokemon Go's combat and social gameplay, creating a virtual world that combines creation, interaction, and competition for players. Through the most advanced generative AI technology, players can create unique virtual creatures, experience diverse fun from cultivation management to competitive battles, and build their own on-chain ecosystem.

 

The game runs entirely on the blockchain, and all data is ensured to be open and transparent through smart contracts. Players have true ownership of the assets. With the high-performance support of Hyperliquid, TheFarm.Fun achieved a low-latency and high-efficiency on-chain experience. At the same time, as an innovative project first launched on the hypurr.fun platform, it opens up a new track in the field of blockchain games through the combination of biological generation and on-chain interaction in a unique narrative way.

TheFarm.Fun is built entirely on Hyperliquid blockchain technology, achieving on-chain game logic and assets. From biological generation to competitive interaction between players, all operations are transparently executed through smart contracts, ensuring the fairness of the game and the security of assets. At the same time, the efficient underlying architecture provided by Hyperliquid enables the game to achieve complex functions while maintaining a smooth and low-latency User Experience, setting a new benchmark for the blockchain gaming ecosystem.

The game innovatively integrates CryptoKitties 2.0's creature generation, Stardew Valley's farm simulation, and Pokemon Go's combat and social gameplay, providing players with a complete experience from cultivation to competition. Players can create unique virtual creatures, manage resources, cultivate, and participate in rich competitive activities, experiencing a depth and breadth never before seen in games on the chain.

TheFarm.Fun introduced generative artificial intelligence (GenAI) technology, providing players with the ability to create unique virtual creatures. These creatures are not just visual individuals, but also have dynamic growth characteristics. From birth to evolution, they are completely determined by players' cultivation decisions and on-chain interactions. At the same time, as on-chain assets, these creatures have tradability and long-term value. They not only carry rich gameplay in the game, but may also become an important part of the future virtual economy.

TheFarm.Fun token $FARM has a total supply and circulation of 1,199,704.86 tokens, with a current unit price of 28.54 dollars and a fully diluted market value of approximately $34.24M. Refer to the market performance of Meme coin Hypurr ($PURR), action RPG game Big Time ($BIGTIME), and metaverse shooting mobile game Matr1x ($MAX) on benchmark projects Hyperliquid.

1. In-game currency: Players can use $FARM to pay for on-chain creature generation fees (such as GenAI model creature generation fees), in-game item and skill purchase fees, and in PvP battles and agency battles, the prize pool fees are priced in $FARM.

2. Staking Rewards: Users can stake $FARM to obtain $veFARM tokens and participate in protocol revenue sharing. At the same time, stakers can decide the priority of agent services through governance voting, further enhancing the decentralization of the platform.

3. Ecological governance: Holders can participate in proposal voting to determine the development direction and service optimization of the proxy platform. At the same time, the income generated by proxy token trading and service distribution is settled in $FARM and rewarded proportionally to stakers and protocol governors.

In addition, all non-$ FARM income will be exchanged for $FARM, of which 50% will be used for buyback and destruction, 40% will be distributed to $FARM stakers, and 10% will be rewarded to the team, further strengthening the core position of the token in the ecosystem.

The project team information and financing information have not been made public, but The Farm has successfully won the FARM token ticker at a high price of $180,000 in Hyperliquid, refreshing the platform auction history record. Combined with the market value approaching 50 million on the opening day, the strength behind it may not be underestimated.

1. Although the core technology of generative artificial intelligence (GenAI) is a highlight of the project, its performance in the generation and dynamic growth of virtual creatures still needs to be validated in large-scale player use. If the generation effect does not meet expectations, it may weaken players' recognition of the game's innovation.

 

2. FARM has a wide range of applications in the game, but its overall economic model is highly dependent on market acceptance. If the number of players or transaction volume does not meet expectations, token price fluctuations may affect players' participation enthusiasm and ecological cycle.

Website：https://www.thefarm.fun/

Twitter：https://x.com/thefarmdotfun

Linktree：https://linktr.ee/thefarmdotfun