How does GameFi+DEFI drive the blockchain games industry upgrade?
If 2020 is the first year of DeFi outbreak, then 2021 is undoubtedly the first year of GameFi blockchain games outbreak. According to DappRadar’s statistics, on April 18th, 2021, the number of transactions in the blockchain games sector was as high as 480.7 billion dollars. As of July 31st, the number of users in the blockchain games sector exceeded 780,000, an increase of more than 170 times compared with the beginning of the year, and the number of daily active wallets in GameFi increased by 700% from March to July. As of July 30, 2021, the blockchain games market attracted nearly 1 billion dollars in investment, while the total amount in 2020 was 72 million dollars.
What is the relationship between DeFi and GameFi?
GameFi, that is, Game Finance, means adding financial play to the game world, or the core mode is called Play to Earn, which is essentially a capital game. GameFi focuses on playing games, while DeFi focuses on mining. In GameFi, the mining process in DeFi is replaced by games. Capital is not a necessary condition, but time and energy are the key conditions to benefit. By playing with those characters and props, users can earn money by winning complex game levels and strategies. Compared with mining, this path is much longer, so the project will have a longer life cycle. If the economic model and gameplay of the game itself are designed to be more mature and perfect, the life of the game will be prolonged.
However, looking at the GameFi games on the market at present, most of them pay too much attention to the financial attributes of the games, but ignore the essence of the games, which is not interesting at all. Whether the essence of GameFi game is to play or to make money, or how to make a beneficial combination between playing and making money, has aroused the thinking of the whole industry.
In view of this, the Glacier Network game creation team believes that the essence of the game lies in the fun and creativity of the game. The combination of DEFI+GameFi+NFT will greatly improve the playability in the game and bring more benefits to the players.
Glacier Network creates a new generation of GameFi platform, which enhances the ultimate experience of players Play to earn.
Glacier Network is a new generation GameFi platform, which is dedicated to creating a meta-universe belonging to GameFi. In this meta-universe world combining reality and virtuality, everyone can create their own characters, create their own game props, use land resources and build their own game empire, all of which will be based on NFT technology to ensure that the value assets created by each game player are successfully locked and unique. And every player can get paid by participating in the NFT trading platform and trading NFT assets, and players can also get token rewards in the game, which can help you expand your business map in the meta-universe, link with reality, and convert tokens into money for real life. Everyone here is the creator of NFT and the producer of GameFi game world content.
DEFI empowers GameFi to drive product upgrades.
Glacier Network innovatively applies DEFI throughout GameFi. Glacier Network has established a unique infrastructure on DeFi’s ecosystem and combined it with games through NFT technology. On the infrastructure of GameFi of Glacier Network, through mobile pool, mobile mining and NFT, users can find the best profit strategy of mobile mining, and NFT with many unique game functions will be forged, which will provide users with the best game experience. While satisfying the interest and experience of the game, the benefits of the game are improved to the extreme.
Glacier Network’s meta-universe based on GameFi is full of imagination. The future of GameFi should be the integration of creativity, fun, sociality and the interaction between virtual and reality. Glacier Network can improve players’ immersive experience in the game by creating GameFi meta-universe, so that every player can become a participant and producer of the whole game. Meanwhile, players can get more benefits by participating in DEFI liquidity mining in Glacier Network ecology, and meet the real-world capital needs in the virtual world.
Blockchain games are at a crossroads. The rise of available technologies makes it easier for developers to integrate blockchain technology into games, and helps players get a better user experience. It can be seen that in the future GameFi field, the current value logic will be rewritten, and new giants will rise with the trend. The driving force behind the new round of blockchain games world will be the geometrically optimal solution of GameFi financial game . In this process, Glacier Network optimizes technology, iterates mode and innovates gameplay, which is expected to become a dark horse in the future GameFi field and bring more possibilities for GameFi in the future.
Recommended News
-
Ripple Acquires 40% Stake in Asia Cross Border Payments Firm Tranglo
Cryptocurrency company Ripple has acquired a large stake in an Asia-based cross-border payments specialist in order to meet the growing customer demand. Ripple said Tuesday that it has agreed to acquire a 40% stake in Tranglo for the purpose of expanding its RippleNet On-Demand Liquidity service, according to a press release. Tranglo is a cross-border money and prepaid credit transaction hub providing businesses and individuals the ability to transfer payments globally, according to its website. Southeast Asia’s payments landscape is “highly fragmented,” Ripple said in the release. Each country possesses its…
-
Dubbed the Next Unicorn, zkTube Launches its Mainnet
zkTube is the most advanced scaling solution on Ethereum Layer 2. It has adopted ZK-Rollups that run computations off-chain and submit the validity proof to chain to provide low gas fees, higher transaction throughput for Ethereum, mainnet security, and extra privacy. It has gathered a lot of attention from over 80 countries since its launch in 2020. And the mainnet will be launched on 10th, September, 2021. zkTube Mining Mechanism is Launched zkTube team is continuously working and achieving several milestones. The zkTube mining mechanism has launched. zkTube is the only…
-
Can Decentralized Stablecoins Stabilize?
Decentralized finance (DeFi) idealists want to create perfectly free financial ecosystems that can’t be subverted by governments, corporations or regulators. They also want their decentralized nirvana to be equipped with stablecoins so users can be protected from price craziness. Therein lies the contradiction. J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Are decentralized anarchic systems, those that have no link to existing centralized institutions, capable of creating stability?…
-
Start9 Labs to Build on Its Self-Sovereign, Private Internet Solutions With $1.2M in Funding
Most people never even see the server that runs the internet network in their houses. But Start9 Labs is working to change that with its latest upgrades to the Embassy Server, a self-sovereign, private internet server and operating system for your home. It’s an ambitious project to make self-sovereign computing viable for consumers, but one that offers a way out of the centralized internet people know. To expand on their efforts, Start9 Labs recently closed a $1.2 million funding round spearheaded by Collider Ventures, Ten31 and Erik Voorhees, CEO of…
-
Amazon Considers $100M Investment in India’s Apollo Pharmacy Chain
Notably, Apollo Pharmacy is reported to be India’s first and largest branded pharmacy network that has over 3000 plus outlets in key locations. After the successful launch of Amazon Pharmacy Services last month, Amazon.com Inc (NASDAQ: AMZN) is reported to eye India’s Apollo Pharmacy for a whopping $100 million. Notably, Apollo Pharmacy is reported to be India’s first and largest branded pharmacy network that has over 3000 plus outlets in key Locations. Additionally, it is part of Apollo Hospitals – Asia’s largest healthcare group. Hereby making Amazon possible investment a strategic entry that could…
-
The most anticipated chain game at the end of 2021–islandswap
If 2020 is the first year of DeFi’s explosion, then 2021 is undoubtedly the first year of GameFi’s explosion. Axie has become a phenomenon product whose monthly income has surpassed that of Honor of Kings, depicting a broad prospect of chain games for the public. The fitting concept “metaverse”, as well as the upgrading of policy and supervision, have pushed the chain games to a new climax. The shift from the traditional “Free to Play” to “Play to Earn” (P2E) mode has allowed many chain players to take advantage of GameFi. If you…
-
European royal noble favorite essential oil workshop Estrella Choelus
“Estrella Choelus,” translated from ancient Greek as “Estrella Chœlus,” originally meant a star that was permanent, pleasant, and beautiful.In 1844, while refining essential oils, Galio di Vincenzo, a vegetable oil refiner, discovered that the fragrance they gave off when heated not only made people feel good, but also cured his perennial insomnia.For this reason, he opened an essential oil treatment workshop Estrella Chœlus in a small town to treat anxiety, insomnia and depression by heating essential oil.Guests could not only enjoy the fragrance treatment in the store, but also they could buy back…
-
Mix of Old, Wrong and Dubious ‘News’ Scares Rookie Investors, Fuels Crypto Selloff
Call it the recipe for perfect market meltdown: Take a dubious tweet about an unconfirmed U.S. investigation of financial institutions using crypto to launder money, a report that doesn’t appear to have come from Bloomberg, Dow Jones, Reuters or any other reputable news service. Take that tweet and sprinkle it throughout the cryptoverse. Shake vigorously. Add a new CNBC tweet about a month-old Reuters report regarding a coming crypto ban in India. Let marinate until fully absorbed, about 30 minutes. Next fold in several (now-deleted) tweets that incorrectly implied that the Coinbase CEO had sold…
-
A New Blockchain Financial System – MIGO
As the core behind the Internet 3.0 era, blockchain technology has been increasingly accepted by mainstream institutions. The global economy has slowed down on its growth, but the digital economy is still ushering in exponential growth, with a number of digital currencies such as Bitcoin entering a new bull market. The new bull market is not just about the growth of assets and value. Digital assets have formed a new financial model through the immutable and decentralized nature of blockchain. Right now, how to truly combine blockchain technology with physical commerce has become an important question to ponder, so as to ensure the success and authenticity of the new financial model. A New Financial System The advent…
-
Duke University’s Early Coinbase Investment Could Now Be Worth $500M: Sources
The endowment fund of Duke University, the alma mater of Coinbase co-founder Fred Ehrsam, was one of the fortunate few to have made an early investment in the soon-to-list cryptocurrency exchange, CoinDesk has learned. Two people familiar with the matter said the $3.9 billion Duke Endowment was included early on in the cap table of Coinbase, which is expected to command a price tag of around $100 billion when its shares debut on Nasdaq. Those shares are now worth a small fortune, on the order of nine figures, the sources…
