The blockchain play-to-earn gaming model is turning out to be the latest trend in the crypto space. The play-to-earn model is the most recent innovation in the gaming industry.
It supports the concept of an open economy where players are rewarded in the form of tokens and NFTs for bringing value to the gaming metaverse. With the rate at which play-to-earn games have exploded, there's need for a dedicated Launchpad for blockchain games that allows those interested to gain access to qualifying games, a hub to explore blockchain game projects or valuable game items and a central storage where players can easily track their earnings and manage their in-game items.
That's why GameFi was created to bring about solutions to these existing problems.
GameFi is an all-encompassing hub for game finance. The platform services blockchain gamers, investors, and traders. GameFi will bring the gaming community the promising blockcahin game initiatives developed on the BSC and Polygon networks, which host most of the top rated play-to-earn games. GameFi also is the first marketplace to enable cross-games trading of in-game items and NFTs.
The GameFi Ecosystem
The GameFi ecosystem is the unique aspect on which the NFT gaming hub stands and provides a platform for gamers, traders and investors to enjoy the benefits offered by the play-to-earn gaming concept. The ecosystem includes 5 pillars: Launchpad, Accelerator, Aggregator, Marketplace and Yield Guilds.
GameFi Launchpad: The GameFi Launchpad is a game dedicated Launchpad that will be the first Launchpad that conducts Initial Game Offerings (IGO) for upcoming and popular game projects to get early access to game assets and engage with the gamers in the GameFi community.
GameFi Accelerator: The GameFi Accelerator provides tools and templates that are pre-built to implement blockchain components and facilitating play-to-earn gameplay mechanisms.
GameFi Aggregator: The GameFi Aggregator allows gamers to discover and experience trending blockchain games. It also provides storage location to gamers for their in-game assets and NFTs. It can also be used by players (of any game) to track their play-to-earn yields. It enables players to list their in-game assets and NFTs for sale, exchange, rent and more on the GameFi marketplace.
GameFi Marketplace: The GameFi marketplace will turn out to become a one stop shop for all in-game items and assets following the integration of DeFi tools. Discovering, buying, selling, trading, or even hosting NFT auction has been made easier. NFT transactions on the GameFi marketplace will be carried out by an exclusive exchange mechanism. All this is done via smart contracts to ensure accuracy and reliability.
GameFi Yield Guilds: GameFi yield guilds enables users to earn passive income by participating in various gaming finance vaults set up in the GameFi Yield Guilds. With the GameFi's Earning-without-Playing features, users can gain early access to high profile game projects' tokens or game items, lend their game items to other players to earn, stake their tokens on other players’' game items to earn.
