GameFi Talk - Is "Night Burst" just a crash?

Meanwhile, great interest in cryptocurrency has focused on "GameFi". The standard execution of gameFi isAxi InfiniBlockchain game.

Axi Infinity's daily sales have more than tripled the King's fame and become the hot topic of relationships, which is a big “fuel” for Game Pie's rapid rise.

With the impact of the Axie Infinity acquisition, market capitalization is now increasing on GameFi, with more money coming to the fore.

According to statistics, as of the end of July 2021, the total investment in the blockchain game industry this year has exceeded 7 billion yuan, and the total in 2020 will reach 500 million yuan.

With the blessings of the capital, the popularity of GameFi continues.

Why GameFi?

Of course, the GameFi site isn't just for its Axie Infinity game.

Behind the scenes, the rapid development of blockchain technology and commerce, the development of the Bitcoin and Ethereum ecosystems, which were previously popular with DeFi, and NFT behind GameFi are complete total impulses. Pie Boom game.

Concretely, by combining the two concepts DeFi and NFT and incorporating them into the game, GameFi can make the blockchain financial system more secure and secure for users.

In some blockchain game projects, the GameFi game rules, equipment, accessories, etc. are exactly how NFT products follow DeFi logic.

GameFi's NFT products are a unique and useful addition to game characters, gear, assets, and more. compared to traditional games, and players can become members of in-game characters, items and treasures.

GameFi's revolutionary belief has always existed that the game's legacy is only for game developers and allows gamers to make money playing games.

Moreover, compared to the amazing and amazing DeFi industry, there has been an increase in GameFi social media and entertainment, and the process of socializing and setting up can make gamers satisfied and deep.

How does GameFi “find” players?

Below, we'll see how GameFi “captures” gamers.

one is justice

The characteristics of the blockchain are "decentralization", "traceability" and "difficult to falsify". Local players in the field of traditional games.

In addition, with the continuous improvement of the Ethereum public chain, the Layer 2 network began to become a backdrop, reducing the problem of game congestion, reducing fuel costs, improving player performance and the base. of the popularity of GameFi. .

the second is caution

Whether you invest in virtual currency, enter a miner or a mining pool, there isn't much risk to look forward to and see, but in the face of the huge dividends of the crypto industry and you wanted to bring back a cupcake, GameFi later became a comparison. The best option can meet the needs of the brain and the needs of creative and low risk people.

The third is growth.

With the simultaneous popularity of NFT and GameFi, the investment industry will never miss this opportunity. NetEase, Shanda, Tencent, Nexon, Gumi, Square Enix, Bandai Namco, and NCsoft are all known to drop from Game Pie tracks. With the blessing of capital, the growth of the GameFi industry will inevitably continue and the vision is worth waiting for.

Fourth, have an income.

An important part of GameFi is the ownership of the live game device with the player, and not with the game developer. In a normal game, when the developer shuts down the game server, the player does nothing. GameFi ensures that players have digital assets in the form of NFTs and operate independently of the channel.

Fifth, the impact of celebrity headlines spills over

God of Axie Infinity has a big impact on GameFi. Last July, Axie Infinity grossed $ 333 million, surpassing the $ 231 million in Honor of Kings. This reflects the popularity of GameFi and its expertise in games. It will attract more traffic and attract more players. . your.

Explosive development of GameFi

In practice, changes in the financial system of gaming and the benefits that users can derive from it have led to an increase in GameFi.

GameFi does not happen immediately.In early 2017, a similar collectible swap game appeared on the market, but this type of chain game, which is only called a regular version, still does not have the characteristics of a cookie set.

Since March 2021, GameFi has entered a period of explosive growth, and by September, GameFi has grown based on the independence of the blockchain industry and is expected to overtake DeFi in the future. .

Clearly, GameFi has proven its unique ecosystem in terms of digital heritage and interactive gaming benefits after more than a year of testing in the market.

the same time,After the Metaverse game model combines the concepts of NFT and DEFI, the industry's financial system has completed the gamification process and GameFi's decomposition is required.

Analysts said the key to the long-term viability of the gaming industry is the importance of minimizing the impact on player access. The features available for GameFi games make it a great tool.

The open market for NFT tools expanded the concept of the gold rush of traditional games and led to its entry.

How to join GameFi?

GameFi is hot. How can ordinary investors be involved?

Currently, there are only 2 ways to integrate GameFi, one is to get ongoing benefits as a GameFi player in "Play-To-Earn" mode, and the other is to purchase related devices from GameFi. Direct immediately and follow the path. of investments.

1, play to win

Like the most popular example of Axie Infinity, there are three important steps to playing sports: install your wallet on the channel, buy and withdraw ETH, switch to your wallet on the channel, go to the official website to download and enter the game ...

Besides Axi Infinity, Nine Chronicle, Alien World, Illubium, I Defi Animal, etc. are the most popular GameFi missions. The process involved in each game is similar and enthusiasts can try it out. dangerous).

2. Buy GameFi assets

Buying GameFi tools directly for investing is easier than becoming a gamer and spending more time participating in the game. However, you should do a thorough inspection and try to be careful and avoid inappropriate pitfalls when choosing of an affected GameFi device.

The future of GameFi

Compared to traditional games, GameFi has the ability to earn more money, which is also important in attracting capital and traffic from outside the circle.

The blessing of investment is essential to the development and improvement of the GameFi framework and ecosystem. In the process, the gameplay and GameFi experience will be enhanced like never before.

That's right, the whole market and the treasures of GameFi today can still be used and should not be overestimated. After all, it's been a little over a year since the idea for GameFi came out.

But it must also be admitted.GameFi's “night burst” was no accident, and it will become one of the best deals in the blockchain industry going forward.

Additionally, as the concept of the meta-world continues to grow in popularity and NFT continues to grow, the interest and awareness of GameFi must increase.

Thus, the development prospects of GameFi are incredibly anticipated.

There is reason to believe that GameFi tracking will experience a complete disruption in the future and be a vital part of the business.