What is Gamefi Defi Introduction to the development of on-chain gaming systems?

Gamefi is an acronym for “Game Defi” and refers to a blockchain game that introduces the Defi mechanic, and the most important is “Play to Earn”.

Represented by Axie Infinity, Gamefi changes the values ​​of the development team, links the values ​​of the development team to the long-term development of the game, and allows people to play participate in the allocation of funds through development games too. . In addition to announcing the original NFT game props, the game development team will not interfere with game resources and will rely on exchange rates to generate revenue and issue management tokens to perform a comprehensive community management.

The game credits are created by the players and redeemed for free, and the players receive the game credits through the game. The monthly income can reach up to $ 1,600, which is very attractive compared to the actual job. In fact, gold and free trade for online games have always been around, and the concept of Gamefi gold hasn't changed.

The purpose of gold games is to acquire in-game capital and sell it to other players. The demand for gaming resources ultimately arises in two cases. .

Thank you for the opening of the blocking of chain, business structure according to Virtual Virtual market will be aggressive and rich.

Due to open source data from blockchain projects, any individual or organization can access digital asset data and explore digital game asset based business models, such as rental equipment and industrial games. In the Gamefi mode, third-party organizations based on gaming devices have moved out of the gray area and become elites in the virtual industry and have a relationship with the development team.

Advances in AI will be a game-changer in the economy.

Automated game scripts will use user-friendly scripts and AI upgrades will change all user-friendly game functions and change skills such as electronic games. And at Roblox, we see another introduction to The Game, a type of monetization that offers new services to players through virtual creation.

While blockchain games secure ownership of digital assets, programmable NFT policies and benefits generate more revenue to generate income.

Continuous upgrade and exploration of the Web3.0 industry standard

Gamefi's decentralized model creates a business-friendly platform by distributing revenue directly from game companies to attendees, and aims for the next major boost from the Web3.0 industry standard. The application of Web 3.0 is moving from consumer-centric open source products to consumer, with communities as a foundation, fundraising, and connecting relationships between manufacturers, consumers and customers through token exchange. .

With the rise of on-chain gaming, how does GameFi know how to “make money by playing”?

The blockchain gaming track was established in August of this year, and the total investment in blockchain gaming exceeded $ 1 billion, and the total investment last year was only $ 72 million. .

The concept of Gamefi was born. Gamefi stands for "Game Defi" and refers to a blockchain game that features Defi modes and tools, often including the process of developing NFTs, Defi, and management tokens. The biggest feature is "earn money by playing". "This fashionable sports game is especially prevalent in East Asia, which has been severely affected by the spread of (game to win), the average income through monthly activities can reach $ 1,000.