The structure of the meta-global market? This article discusses GameFi's attack vectors and growth prospects.

On December 14, CCTV Financial warned the public:Beware of scams under the banner of the meta world., and a meta-world blockchain game called "XX World" as an example to create detailed and descriptive information. Arguably GameFi and Meta Edge have been mixed up and incompatible since the explosion.

However, it cannot be denied that many big companies and celebrities were involved, like Facebook changing its name to "meta".The meta world has gone from sci-fi to reality.. However, for now, the strength and acceleration of blockchain fields will be far from the online world, and meta-universes will appear more often in the form of GameFi.

Compare with Internet 3.0 using AR and VR to achieve virtual interaction,In what form does GameFi present the meta-world of the blockchain world?With that question in mind, let's dig deeper into GameFi in this sentence.

GameFi: Jeu NFT DeFi

The concept of GameFi was first proposed in 2019 and has since started to mean Game Finance.Add financial points to your game. In September 2020, Year.Finance founder Andre Cronje posted a tweet:

At that time, DeFi's development was mainly focused on traDeFi (Transactional DeFi), and in the future DeFi's products will become more and more of a game.

Meanwhile, GameFi has been added to the concept of DeFi (decentralized finance).

The GameFi concept was changed after February 2021, and GameFi is defined as the main umbrella of Game NFT DeFi, which uses games based on blockchain distribution models to present the income and digital wealth (NFT) gaps.

On the other hand, the game has the idea of ​​buying and selling investments with financial assets, and on the other hand, it ensures the safety of participants by placing allows GameFi tools to have unique and weak properties .

After March 2021, launched in East Asia, some GameFi concept blockchain games were made attracted many followers, and the number of GameFi concept blockchain games increased rapidly from over 12 to 863 in 7 months. .

The popularity of DeFi and the popularity of NFTs form the basis of GameFi, making the marketing of several GameFi projects even better.

In mid-November 2021, the market had broadened to include a variety of games with an emphasis on GameFi concepts.

1. Native GameFi games

Decentralized finance is similar to income from “K-mining” using NFT assets beyond DeFi. Most of these games are card games, the secondary market is thriving as well, and the top games have a full ecosystem and huge users.

2. Real Financial Mapping GameFi

This type of chain gambling represents real money for the blockchain industry. GameFi is an integral part of the role of the bank. In this type of chain game, players can have financial knowledge of all kinds of financial matters such as commodities and money. , and the future.

Currently there are not a lot of competitive games in the GameFi arena.

3. GameFi based game

This type of chain play focuses on accessing, adding in-game elements, and determining the ecology of digital game assets, so that the game can develop the available products. Digital value is like an entertainment-based digital asset.

The digital tools in this type of game aren't usually just for developers. Team development is more than just the type that participates in the type of combination of play. Compete against other players at the same time starting after completing all the games. line.

Until now, for technical reasons, like GameFi is rarely in the field.

Reasons for rapid development: support mechanisms, business models, communities, game guilds

There are several reasons for the explosion everywhere:Great environmental impact, industry-leading model, market knowledge, customerstrust, investmentanother one. The rapid development of the GameFi field is affected by the reasons mentioned above. It can be estimated in the following categories:

1. Real and virtual world map of the concept of meta-universe

2021 is called the first year of the meta-world, meta-world reality maps for the virtual world, and the assumption that virtual world activities will finally affect the real world has become the key to making the world better. 'to come up. . The Internet.

However, the internet map of the real world for the virtual world is still in its infancy.Part of the meta-space project is still part of reality., such as somatosensory games, VR games, etc.

GameFi's video and audio instruction levels are lower than the internet. This is why GameFi is also known as "meta-edge" is the result of the classification of blockchain technology. The decentralized structure and the blockchain allow you to identify the rights of the assets. At the "system" level, it perfectly reflects the real world.

Currently, GameFi's financials, very reasonably priced bank loans, and retailers are very mature.

mature system declarationIt has become an impact for the rapid improvement of GameFi.

2. The rapid growth of the economy is affected by the global spread

The epidemic is causing a major shift in the way humans live, live and play throughout 2020 and the first half of 2021.People find it more important to chat, work, shop, and enjoy a virtual contactless environment.

Some exporting countries (such as East Asia) are facing economic difficulties due to the expansion of world trade, and to overcome this problem, new points of economic development should be sought for non-exporting capital. economic system.More expenses, less incomeIn the real world, part of the income is generated by the virtual world.

Thus, for the modest classes, GameFi likes "the spring in bloom of peach", a magnificent and futuristic world.

The GameFi revival is different from existing games and the blockchain heritage industry, and "using it for fun" has been suggested by existing games and "labor for profit" received by blockchain heritage companies.GameFi's physical medium has a greater impact on engagement.

Many GameFi games are starting to participate, but once joined you can almost stop and wait for in-game currency and treasure management from more and more of the game's users. This revival has attracted many players with "Fear of trouble".

4. Play for a financial model

game cookiesAt the core is the industry's Play-to-Earn model, which differs from the industry standard game still having a free model for Pay., blockchain game players can earn real money from crypto devices, participants in virtual business development and games receive rewards for their participation and then sell them in the marketplace to make money.

Blockchain Game Development TeamTransfer the identity of a game supplier from an existing game development team to a design company, and the player is traded for the player who spends money on gambling for employees who contribute to the development and expansion of the business. This is the industry's biggest advantage of the Play-to-Earn model.

Exchanging events between parties has become something that players spend money to play for, and blockchain players can claim rewards by trading throughout the game. It's like working, paying for your game. time and work and earn money for his family.

5. The stronger GameFi community

The outcome of the game is not an accident, but the outcome is not determined by the character that "self-help is a product". It means,The services themselves are suppliesThis specialization is a prerequisite for using blockchain technology in the gaming industry.

Therefore, GameFi must establish its own distribution of benefits. The community is completely entangled in the interests of the game itself, creating a more united and cohesive group.

6. The great role of guild play

The impact of Gaming Guilds in the GameFi arena is unpredictable, and Gaming Guilds are the perfect combination of both parties and players.On the other hand, the players guild has benefited from guiding its members through the discoveries of Gamefi while playing well, and on the other hand, the governance of the community should depend on the guild for the socialization involved.

Most importantly, guild play is the first place where players come together, and through a combination of activities, they can have a bigger impact on the market.

There is no doubt that GameFi has become the blue ocean for the blockchain industry, and the popularity of one-person game heads has fueled GameFi's rage throughout.

According to statistics from Dappradar, the BSC became the most important chain in July with 65.8w of independent users, and the number of modern wallets used for some public meetings testing the interaction of blockchain games has increased by 1082 % Last year.

The appearance of GameFi was useful for defi and Nft technology, product. NFT shows Defi to Defi Defi Treats, and DeMI also provides financial, and two connections to bring new important.

With the popularity of the concept of meta-space, the research of many large companies based on the concept of meta-space has been completed one by one."Internet" will inevitably be replaced by "blockchain" with clearer rules.

The same goes for the gaming industry. The decision to use gaming tools, equipment and accessories can affect the global gaming industry. From a gamer perspective, GameFi will become the premier front of the game. 'gaming industry to recognize the independent industry, improve traditional gaming standards, eliminate problems and develop new ideas and results.

According to data from the NFTGO platform, the market value of the game plan was 10.08% of the total market value of NFTs, while NFTs in inventory were half of the total cost of trading, up to 58. 66%.GameFi also has a lot of room for development.

The best combination of NFT and GameFi makes GameFi more than just a game, maybe someday we will see people write, trade and format games and orders, save and buy money in a card game.

Currently, global art sales start at around $ 60 billion, which is stable and slowing, while the total value of international art is around $ 180 billion. soIn the crypto world, the market for GameFi tools will be even bigger for the arts.

As a result, GameFi's business model is quite different from other parts of the blockchain industry such as Metaverse or the Internet.GameFi is the owner of blockchain technology and the future is full of great sites.

Contents

Of course, the GameFi industry is currently at a very high stage of development, and it is a fact that the overall quality of the product is low, and it cannot be avoided without the use of technology and thought.

But in the long run, GameFi Windows provides insight into the fascinating aspects of the virtual world, such as open interconnection and cost sharing.