4D GameFi - What is the Meta Universe Alpha on DeFi?

Far from gaming, far from the VR variant of Zoom, and far from the gaming industry. He was far from having a clear vision. But it definitely needs more money and can be of benefit to those who need it the most.

Facebook changed its name to "meta (meta, hereinafter meta)" and pushed many traders into the metaverse hole. But not just the meta, but Microsoft and Nvidia have contributed to the meta-world, as have Disney.

Gemini has invested $ 400 million to compete with Zuck's Meta, while other players like Epic Games have invested over $ 4 billion to build outside the Meta Garden wall. Gemini has invested in several manufacturing facilities including Alethea, Somnium Space, Recur and Sandbox (SAND).

There is money to be made in the virtual world. Traders recognize the weight of the emergence of the meta-world after the global changes of the past two years.

Likewise, the company recently bought virtual land from Decentraland for $ 2.5 million, the most significant of the data (discussed later). As the demand for fashion and luxury digital devices increases, digital devices will be introduced to the metaverse.

Not to be overstated, someone recently sold a Gucci bag on the online gaming platform Roblox for a higher price than a real bag. Morgan Stanley estimates that by 2030 the meta-global luxury market will reach US $ 50 billion (10% of the luxury market).

The sale of high-end virtual land and DTV is only part of a larger increase. These models also include "Play-to-Earn (P2E)" and increased financial sharing (DeFi). All of these ideas show up in the meta. -Space, and this industry is called "GameFi".

Before we get into GameFi, let's define "Metaverse".

The features of Time Magazine Legend VR are fantastic.

list of points

What is a meta-universe?

Who created the meta world?

What is Game Pie?

The role of NFTs in GameFi

NFT based blockchain game sim sim

A Brief History of GameFi

How much does GameFi cost?

Where can I find Alpha on GameFi?

A leader in the transformation of the GameFi infrastructure

Axi Infini

polygon

to flow

change is not possible

gala game

Red Fox Laboratories

cav

Solana

Sandbox

union game

Sell ​​a meta-universe land

NFT financialization - Liquidity of contracts and aggregators.

Network

Centralization, decentralization and the destiny of the pioneer of virtual global dialogue

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What is a meta-universe?

The meta world means too much to humans. It is a virtual world where you can communicate with relatives, friends and colleagues, and it is a place where you can feel the understanding that you cannot meet in the physical world. Many will be joining Metaverse with VRCChat and Second Life in the VR world, while others claim cryptocurrencies, DeFi, NFT, and Web2 are all part of the global cloud (with size "M"). Regardless of reality or the Internet of Things, it can be said to be the whole meta world.

The following definition of @pierskicks poetically covers all the bases.

“Meta-Universe: A global and dynamic digital universe that provides people with shared personalities, relationships and experiences, as well as the ability to engage in general activities that have a strong impact on relationships. "

If this definition is too wordy, @MarioNawfal provides a popular version.

Anyone who's played Runescape, Sims Online, or Minecraft long enough to think it's a second life can think of a concept of the world they see in tweets.

Anthony Bardaro mentioned the helpful metaverse rule Matt Ball in an article on Disney's ultimate metaverse playhouse.

Matt thinks the meta world has a "perfect business" that has never been closed. It is the “invisible interplay of information, digital maps / heritage and [and] content” that expands the physical world and many digital worlds. Meta-globalization will be developed and managed by a wide range of partners, from independent developers to DAOs for commercial applications.

Badalo describes the reality of the metamonde as follows:

“When it comes to pure film, virtual reality (VR) or augmented reality (AR) both underestimate the quality of the thematic meta-universe. It already covers all the bases, but it's not about no substitute for downtime. For fun, From running to studying to information and relationships. "

We are perhaps far from the fictional world described in movies like "Gamer One" or books like Snow Crash (we did not touch the Matrix bunny). However, advances in virtual reality, high-speed internet, surreal game engines, and blockchain technology have reached levels that will surprise us.

I mean, what is this video? ??

Who created the meta world?

In addition to the big tech giants, many companies and groups have developed many mobile sites on the metaverse.

While technology companies have developed tools that allow us to interact and exchange in the virtual world (and explore how best to value our data and our portfolios)), companies like Decentraland ($ MANA) have created a community with a global meta. Key:

“Decentraland is a virtual world blockchain that allows users to create their own devices, games, content, marketing, etc. The country of Decentraland is the community. , so you have control over its creation. -Decentraland White Paper

To reiterate the leader of the @pierskicks meta-universe network:

“Cryptocurrencies, through NFTs, lay the foundation for financial governance, open markets and global digital representation and membership hierarchy. "

Let me explain why this is important.

Games like World of Warcraft and Runescape have a good market share, but these markets are limited by special games and strictly controlled by the central government.

For example, getting capital from Runescape in exchange for your neighbor's fiat currency is against the rules of the game, in the absence of reviews and balancing procedures provided by blockchain and NFTs, it is very easy to do so. run a robot to build a system. . It is also easy to cheat the resources of other players by purchasing a hardened account on the black market.

To prevent bad behavior, the company behind Runescape (The Carlyle Group) can change the technology and the gaming industry at night without user access. Besides being right to brag, every time you invest in a game it's not worth it.

You broke our service and you lost everything!

Despite the high peaks to stay in our lane and play the game, many poor tribes in countries like Venezuela have relied on Runescape's black market for gold on the lane line.

It reminds me of GameFi, one of the best examples of blockchain technology and NFT transforming all the technology in the industry while staying connected to the real world industry.

What is Game Pie?

GameFi is a combination of DeFi and Play-to-Earn (P2E) blockchain games in the meta world.

It is an ecosystem that integrates the possible business by transferring the ownership of equipment to players and promoting greater equity, participation and governance of sports energy communities.

To understand that GameFi can improve player support, we need to understand the role of NFTs, P2E, Gaming Guilds, and some of the major players in the industry.

Source : https://messari.io/article/explain-it-like-i-m-5-gamefi

The role of NFTs in GameFi

One of the main features of P2E and Metaverse is the full use of NFTs.

An article from the World Economic Forum says:

“NFTs can be very different in the virtual world: symbols, objects, real estate, personalized beauty like digital clothes, etc. "

In P2E, players can earn the best NFTs of their in-game achievements and then sell those NFTs for real money. This new development destroys property and controls ownership of equipment, preserves security and proof of ownership.

I also came to the decision. DeFi is fully compatible with the meta-universe.

The World Economic Forum added:

“The game's greatest potential for acquiring the game is the ability to determine the market for the creation, membership and exchange of digital assets, and the potential that will be created when these industries are connected to the traditional economy. and fiat money. Time, energy and that. turn income into real income. "

Of course, P2E will always rely on some form of ultimate control to restrict release to NFTs, but there will be a community environment that allows for everything.

Someday we will reach the point where the technology is completely accomplished and the meta-world is so vast that it is almost impossible for players to take care of themselves or their business. But today we are still far from the truth.

The development of NFTs has also quickly become a commodity, and it is the communities around them that have the highest value in terms of highest value and survival in the bear market.

Tradition, fine art and artefacts have played an important role in making stores unprofitable in times of financial crisis. The meta-global project will benefit from the development of high added value products and experience to compete or collaborate with trusted communities in the NFT industry such as BAYC and its customers. Developers and designers create industrial clients such as Art Blocks.

NFT based blockchain game sim sim

NFT-based apps like Loot and Rarity transformed game development by putting the entire project in the hands of the user. These "games" were rapidly gaining ground and improvements were taking place in the gaming industry.

A community like loot to thrive in a world where the blockchain setup is fantastic, allowing owners to use it in another virtual world.

In other words, the sword in one world will be the wet noodles in the next, but the real price is to solve the world's problems and join the industry.

Games designed to join Loot can take advantage of gaming guild capital and purses (which we'll talk about later, as guilds are at the heart of GameFi).

Rare communities with certain restrictions on NFT design can benefit from NFT authors like Genie, which allows for a large listing of multiple stores and streamlines the cleanup process.

A Brief History of GameFi

GameFi represents the transfer of power from game studios to gamers over the decades. From Pay for Play (P2P), users pay for games developed by game studios.

Next is Free-to-Play (F2P), where users can start the game for free, then pay for the experience and decide if they like it or not. The main investments of F2P revenue are advertising and extras (such as players and "skins"). F2P games help game studios communicate with gamers and make them easy to access.

Then there is play-to-earnings (P2E) which uses blockchain and NFT to gain user-independent ownership of assets. P2E has been a pioneer of well-known brands such as Axie Infinity and Gods Unchained.

The first P2E games were born from the marketing of F2P games like Runescape and World of Warcraft (WoW). However, most P2E hits today are more variations of card games or games like Farm Town rather than WoW style MMORPGs (many more players in online gaming games).

The Future of P2E is an interactive meta-world in GameFi, which pulls industry participants from the periphery and rewards gamers and developers through the design and funding of game assets.

However, not all parts of the meta-world can build bridges. Meta will not provide the level of membership, autonomy or personal information that Decentraland will provide.

However, compared to the past, the meta will often replace the underlying skills used by everyone in the meta-world. To be fair, Decentraland is still like Lego Island (circa 1997).

Although the goal of the tech company is to get as many cookies as possible, even today nearly 3 billion people play games, and even 1% of them are going peer-to-peer. peer, which is amazing for GameFi.

By the way, those who find their way into blockchain games and meta-universes can potentially make GameFi unfair, unknowingly. Because the costs of these games could possibly return to the DAO bank and refer to the DeFi strategy.

Source : https://grayscale.com/wp-content/uploads/2021/11/Grayscale_Metaverse_Report_Nov2021.pdf

Moving on to the present, Facebook's transition to Meta appears to be a major milestone in legal compliance, despite thriving online communities (such as Second Life).

The business can't stop once Meta opens up the base of over 2 billion auto users around the world, hits the area of ​​the global meta where Meta is located, and then makes Libra an important symbol. . Meta can drink or influence competition, including other areas of interest in the meta world such as Roblox, Minecraft, and Fortnite.

The virtual world in the medium can be created with blockchain technology and is very important for users to be able to build on the platform from self-introduction to participating in the virtual marketplace. .

While that might not be what everyone wants, Meta could be the future of Web 3.0.

How big is GameFi?

It's difficult to calculate the current and future size of GameFi given the rapid pace of development of these apps and operations, but here are some numbers to consider.

Grayscale estimates that virtual world gaming revenue will be $ 400 billion by 2025, and global meta-world revenue will be $ 1,000 billion.

BITKRAFT Ventures is valued at $ 336 billion for the entire gaming industry, while Grayscale is valued at $ 2 million.

Goldman Sachs values ​​esports at US $ 3 billion in 2022, although esports teams outperform the NBA.

Morgan Stanley estimates that NFTs could reach $ 300 billion by 2030.

According to DeFi Llama, DeFi TVL's ATH exceeds $ 273 billion.

Investment firms and high-tech companies contribute trillions of dollars, which means insufficient funds and capital from the best.

Games are only part of the meta world, but I'm considering the increase because GameFi will provide the final category in the $ 100 billion range (at least $ 50 billion for blockchain games). I think the market will be bigger than all of the above forecasts in a few years.

Where can I find Alpha on GameFi?

This chapter covers Construction Leaders, Sports Guilds, Global Sales, and NFT Finance.

A leader in the transformation of the GameFi infrastructure

Axi Infini

Axie Infinity is also a leader in P2E and GameFi.

The company recently launched the Ronin side chain to reduce exchange rates. Axie's Katana DEX surpassed $ 1.18 billion in revenue in a single week of advertising and over hundreds of users have interacted with DEX.

Axie's monetization is right behind Ethereum and supports a pool of millions of active users.

polygon

Polygon uses Ethereum security and the network disruption and performance of zkRollups significantly supports a wide range of blockchain games. They allocate $ 100 million for sports and NFT activities.

to flow

Flow by Dapper Labs (founder of NBA Top Shots and CryptoKitties) aims to provide its parent company with the capabilities to run a leading blockchain game studio.

change is not possible

Immutable X ($ IMX) is a successful leader in NFT and blockchain games. The extensive research and development of Layer 2 technology could have a huge impact on the metacosmic world under their umbrella.

Immutable also supports TikTok's original NFT (nothing).

gala game

GalaGames aims to create a blockchain gaming arcade and decentralized racetrack with its unique ERC1155 architecture.

Red Fox Laboratories

RedFOX Labs ($ RFOX), a metaspatial company in southeast Aria, is developing RFOX VALT, a "virtual world of shopping, shopping and entertainment".

Some exchange VALT holders for VFOX $ holders (can be placed on RFOX.Finance DEX), and RFOX can be used for multiple channels.

With RFOX Games, our goal is to become a leader in P2E and blockchain gaming. Their partner includes CoinGecko.

In an interview with RedFOX Labs founder and CEO Ben Fairbank, Ben identified a major industry that most people ignore. Internet celebrities e-commerce streaming media, Southeast Asia is already a major industry.

Ben believes Metaverse's strong model is to use existing audiences to control your niche. The fastest way to get attention is to buy a newspaper business, and that is what the business does.

In this way, RedFOX Labs sets itself apart from most of the meta-global companies operating exclusively in the great west of freelancers.

Ben has also been urged to work with Polygon to keep costs down, and DeFi plans and DAOs are both on the road.

cav

Enjin ($ ENJ) is a platform-based service (PaaS) and blockchain games conglomerate based on Ethereum. Enjin supports over 300,000 gaming communities and over 19 million registered players.

Partners include Collaboration, PC Gamer, NRG eSports, Efinity (Polkadot parachain which supports built-in cross-chain NFTs and reduces network congestion) and Microsoft (yes, GameFi already exists in Minecraft).

Solana

Solana ($ SOL) is developing an NFT infrastructure called Metaplex. From there, users can create a store and advertise their NFT collection with personalized royalties. They recently teamed up with Lightspeed Ventures and FTX to fund a Web 3.0 games studio ($ 100 million financial exchange).

Sandbox

Sandbox ($ SAND and $ LAND) is "virtual #gameworld where players can create, customize and get their gaming experience."

Sandboxes use gaming tools like Ethereum's NFTs and programs that users can benefit from by renting or from peer-to-peer experiences designed to use sandbox game makers.

The land and property in the sandbox are NFTs that can be bought and sold at the store and the price is SAND.

SAND is Ethereum's ERC-20, the in-game currency, and users can get additional rewards by borrowing money. There are two tokens in the sandbox (SAND and EARTH), both giving them control rules.

The sandbox has grown from a 2D mobile game to an Ethereum-based virtual world with over 40 million users and over 14,500 virtual hosts. Snoop Dogg built a big house there and threw a party there.

Adidas recently partnered with Sandbox and Coinbase. This suggests that retailers will see more interest in the metaverse in the coming months.

Brands like SoftBank are supporting the sandbox and raising a lot of money from the sale of land. Some sandbox campaigns are owned by companies like Binance, Gemini, CoinMarketCap, and Atari.

However, there is a central issue with the Metaverse host as it relies on AWS servers. Decentraland, on the other hand, has no centralization. After four years of hype, the virtual world has only just begun.

union game

DAOs and other groups are developing "guilds" to collect resources to get the most out of GameFi, be it P2E strategies, staking and DeFi, NFT flipping, ramp control. Launch for Action Play new games or invest in other guilds.

Guilds work together to unlock Alphas in the Meta-World, while also supporting the communities that treat them the most and raising a cake for everyone.

The guild's design value is to engage players who would otherwise be excluded from the market. Guilds accomplish this by acquiring in-game assets and loaning them to players for in-game rewards.

For example, in the popular meta-world game Axie Infinity, users must earn at least 3 "Axies" to participate in the P2E season of the game. Axes are expensive, so many people rarely have time to participate. Gaming Guilds can loan Axies to other players, who can earn enough money to buy their own Axies.

By lending the resources needed to engage P2E to “scientists” in exchange for a percentage of their income, organizations can generate significant income at the same time. An opportunity for thousands of people from all over the world to participate and earn money. in many virtual markets.

The organization has helped improve the quality of life for thousands of poor people in the Philippines.

As the guild grows, it gains more in-game assets (such as NFTs and in-game tokens), invests in other guilds, and even gains in-game perks.

It's not hard to imagine that this guild would always follow DeFi strategies outside of the blockchain game, such as contract from any other blockchain protocol or floating contract, NFT divisions and give them personal tokens. Naturally, tokenization opens the door to engagement and various DeFi strategies.

The Yield Guild, for example, is designed with options that allow participants to engage in a granular process. This means that you can invest in an area or region or the entire blockchain games guild depending on your preference.

From start-ups to moat expansions of active workers, guilds are incredibly rewarding for the blockchain gaming industry. They can play an important role in managing the future of the meta-world and many other functions within it.

Here are some examples of game unions:

@YieldGuild ($ YGG) - Pioneered the concept of P2E DAO, an investment environment led by a16z and Delphi. By creating children's DAOs, the yield guild can be extended to other areas and games. The guild's tokens reached a total value of US $ 7.5 billion.

@MeritCircle_IO (sponsored by Yield Guild).

Worth more than $ 200 million, the Avocado blockchain game organization is backed by big names like Animoca Brands, Solana Ventures and Three Arrows Capital.

BlackPool is a DAO that focuses on multiple dimensions, and its main source of income is Sorare, who recently partnered with Ubisoft.

Guild scholarships are one of the most interesting strategies for generating income. It includes new DeFi and management practices that have emerged with the completion and growth of DAOs in the area of ​​digital assets.

In other words, the Gaming Guild is a great example of how GameFi brings people from the edge of the current gaming industry to the real world, while also allowing more people to participate in and improve. people's life.

This is a win-win situation and is essentially the difference between the closed enterprise metaverse of Web 2.0 and the open cryptographic metaverse of Web 3.0.

Sell ​​a meta-universe land

Decentraland's data work on land prices shows that people are buying virtual land with enormous commercialization potential. Packages near popular areas and easy-to-remember locations can increase costs.

In addition to the above record sales to Decentraland, the Axie Infinity plan recently sold for $ 2.48 million.

Many other players in the digital world have also followed this model. Digital startup platform @Polkastarter ($ POLS) recently announced the sale of Meta Universe real estate to the market.

Parcel and WeMeta compete for the "Zillow of Metaverse", the first virtual reality option with OpenSea.

There is no need to consider digital equipment administration staff, event agencies, casino staff, and embassy staff at the heart of the future meta-world.

NFT Financialization - Thiab Aggregators Liquidity Protocols

Ethereum's NFT market volume recently exceeded $ 13 billion, but total NFT revenue has fallen.

Market saturation is predictable and only demand can raise prices. A similar phenomenon occurs in the field of physical devices such as business cards.

NFT liquidity contracts solve the NFT liquidity problem by providing the following solutions:

Create a pool similar to NFTs. See NFT20 and NFTX.

Block NFTs (for example, an NFT produces 10,000 fungible tokens). See also unidirectional and fractional. In contrast, Robinhood is following a similar path by dividing its product lines.

The contracts could hold over $ 80 million in TVL together. I think that number will increase as the hype goes down and people expect their non-fungible products to change more.

NFT aggregators can solve industry inertia problem due to asset fragmentation. The only integration needed is Genie, which allows users to buy and sell multiple NFTs in multiple stores in a single market. Users can buy NFT through ETH and NFT connections.

I think some DAOs and gaming guilds plan to use Genie to clean the floors of the best NFT that can include virtual lots.

Social network

It is beyond the scope of this article to put together all the useful information, news, and information related to GameFi, but I will mention some of the best alphas you can find on the internet.

This business connection can go a long way in understanding what makes sense.

Discord and Telegram are made up of popular companies NFT, Play-To-Earn, and Metaverse, and are a great place to find information. Find out if you have a DeFi partner goal or your own DeFi plan.

Centralization, decentralization and the destiny of the pioneer of virtual global dialogue

People in the meta-world can more easily recognize that there is no threat from middle-class rulers and that their treasures (and livelihoods) are safe on the chain and in personal wallets. .

Additionally, due to its decentralized status (assuming the servers are also decentralized), a decentralized meta-world can prevent malicious use, and in theory the activity is the same.

The DAOs behind the Global Meta can also use the proceeds from the Global Fi Gaming Industry to fund insurance vaults.

However, the potential of the global economy depends on how DAOs manage their money.

By the way, I think the coverage from Metaverse and GameFi will be astounding if industry partners see the best products available.

With its large portfolio of capital and investment, Metaverse Support may be a better way to prevent trade losses. It also means that in the event of a crisis, people in this meta-world will enjoy a higher level of insurance.

If game developers, decentralized or not, do not strictly integrate their business activities with the income of their business, the survival of their game will depend on two main factors of their core players: newcomers and drug addicts.

In this post, @adamscochran made a detailed comparison of 🧵 and Decentraland, Axie Infinity and National Games.

I think games like Runescape are the same, and blockchain games like Gods Unchained seem to be following a similar path.

As Adam pointed out, the middle of the curve stabilizes the game and makes it popular, drawing users from both sides.

Blockchain games should focus on demographics, earnings, recession, and inflation. The meta-world needs to be able to survive to the max, but the games it contains can go up and down as soon as the fun or financial support wears off.