GameFi
GameFi merges the concepts of 'Gaming' and 'Decentralized Finance' (DeFi). These platforms, grounded in blockchain technology, often employ token or NFT-based reward systems. This setup enables players to enhance the value of their digital assets through trading, investing, or completing tasks, all while enjoying the gaming experience.
This article comprehensively explores the development history of GameFi, from the foundations laid by DeFi and NFTs to the proposal and explosion of the GameFi concept. It analyzes how GameFi addresses the shortcomings of traditional games, advances in integrating technology and finance, and discusses the trends and challenges of GameFi 3.0. The article predicts that future developments may incorporate new technologies such as AI and the Internet of Things to achieve greater game financialization and player engagement.
8/6/2024, 10:36:40 AM
Catizen on Ton (The Open Network) is a digital cat project built using blockchain technology. It blends the decentralized nature of blockchain with the fun of raising virtual pets. Each Catizen is an NFT (non-fungible token) with its own unique look and traits. Users can buy, sell, and breed these virtual cats. They can join platform events and challenges to earn rewards and level up their cats.
8/5/2024, 10:21:17 AM
Heroes of Mavia is an immersive Web3 gaming platform available on Web, Android, and iOS mobile devices. It utilizes NFTs and in-game currencies to enhance virtual gaming experiences while bridging the gap between Web2 and Web3 gameplay.
7/29/2024, 3:08:07 PM
Is endless car entertainment finally here? Explore how Holoride's VR technology transforms car rides for passengers of all ages. Discover VR genres, token (RIDE), and the future of in-car VR.
7/24/2024, 3:40:17 PM
The performance of the TON game ecosystem has been rising steadily. Driven by various TON growth plans, relatively simple HTML5 games, lowest development costs, and a large number of potential players, TON has established itself as an extremely attractive choice. Click-and-click games fundamentally do not have the conditions to achieve valuable user monetization, while hybrid, general and hard-core games combine the necessary low-friction acquisition rate and deep potential revenue streams. Find the right balance between providing enough social competition and entertainment value.
7/23/2024, 11:27:37 AM
Play AI is a modular blockchain designed to become the intelligence layer to facilitate the development and deployment of artificial intelligence agents in games.
7/17/2024, 12:08:15 PM
Axie Infinity is a leading GameFi project, whose dual-token model of AXS and SLP has deeply shaped later projects. Due to the rise of P2E, more and more newcomers were attracted to join in. In response to the rocketing fees, a special sidechain, Ronin, wh
7/12/2024, 9:35:04 AM
This article analyzes the mechanism design and economic model of MOPN, an NFT placement mining game, detailing the design and implementation of full-chain games using MOPN as an example.
7/10/2024, 1:21:34 AM
This article explores the CARV Protocol and its use in gaming and artificial intelligence. CARV offers users full control over their data, enabling them to authorize, store, verify, and confirm their information, while also gaining benefits from it
7/2/2024, 3:01:58 PM
This article introduces how Tabichain utilizes game theory in its tokenomics, referencing the Curve War/ve model. Through community voting, the project funds allocation is determined, emphasizing decentralization and the distribution of power. Additionally, the model incorporates elements of Dutch auctions and POW pricing models to ensure a balance and strategic participation among stakeholders.
7/2/2024, 8:21:01 AM
This article introduces the latest innovation of the chain game Yuliverse, which is launching the smart ring Moonring that combines GameFi and DePIN. Yuliverse is a city-themed AR chain game that emphasizes exploration and social interaction. The Moonring not only unlocks specific game activities but also allows users to earn rewards through data from activities such as exercise and sleep.
7/1/2024, 2:47:45 PM
WAM is an innovative Play-to-Earn (P2E) platform that allows users to participate in games and tournaments to earn cryptocurrency rewards.
6/30/2024, 1:59:46 PM
"My Neighbor Alice'' is a social, creative, and relaxing game inspired by "Animal Crossing," where players can build their own world, interact with neighbors, and earn rewards. The game utilizes blockchain technology, developed with the Chromia blockchain backend and Unity frontend, and its economic system includes property auctions, asset trading, and token trading. The game has its own token, $ALICE, and NFT assets. However, it also has some drawbacks, such as a low social media following, and due to its token architecture being split between Ethereum and Binance Smart Chain, it may present a hurdle to user experience.
6/27/2024, 6:08:58 AM
Enjinstarter is a decentralized launchpad for developing GameFi and metaverse projects. It connects developers and start-ups to advisors, investors, and funding.
6/21/2024, 1:40:23 AM
In addition to CROSS THE AGES' considerable appeal, the community cultivated by Elixir Games over the years and the comprehensive ecosystem it is building are also reasons why the IDO has garnered strong attention and support. So, what is the Elixir Games project, what is it working on, and why did CTA choose to collaborate with it?
6/12/2024, 2:37:38 PM