Play To Earn Games | Gamifly Games | NFT Games Free To Play
👉 Gamifly Twitter: https://twitter.com/Gamiflyco
Binance Review | Binance Review Tutorial 2021 👇https://www.youtube.com/watch?v=Ajggt25TOp4
🎬Watch our most recent videos:
🔥Altcoin Buzz | Nereus Finance | Avalanche Lending Protocol👇
🔥Best Crypto Exchange | Primexbt Tutorial | Primexbt Margin Trading👇
Links mentioned in the video:
Welcome to our Play To Earn Games Video!
What is Gamifly
Gamifly is a Web3 gateway that connects traditional gaming companies and mass consumers to the Web3 ecosystem, by offering no-fuss SDK to onboard games onto blockchain and simple customer journey and
rewards for mass consumers.
Play-to-earn and NFT games such as Axie Infinity and Sandbox have brought blockchain games past the early adoption phase. However, there are some issues that impede blockchain games to go mainstream, like what cryptocurrencies have achieved today.
Supply side issues:
1. There is an oversupply of blockchain games with subpar gaming experience
2. Token economics and distribution are often designed in a way which results in significant token price
gains at the start of release, and a perpetual price decline shortly after. This restricts the utility and shortens the lifespan of tokens, disincentivising game developers and gamers to engage for the long
3. Wild price swings and Illiquidity of NFTs and game tokens promote excessive speculation and prevent mainstream adoption, which creates hypes in the short term but harms the industry over the long term
4. Most blockchain games require significant initial investment to play. This creates high barrier to mass adoption, compared to the widely popular freemium model by traditional gaming companies
5. On the other hand, many mainstream gaming companies have very popular games, but are facing intense competition as the traditional gaming industry matures. New growth engines are needed amid
Demand and customer needs:
1. Gaming is a massive market of 3 billion gamers (or 40% of worlds’ population) with 180B annual revenue growing at 8% CAGR.
2. Many mainstream gamers are always on the lookout for high quality games. Blockchain games can only achieve mass adoption if it attracts mainstream gamers through high quality games
3. Gamers need economically attractive and sustainable blockchain games
4. Gamers need cheaper access to blockchain games
The solution to the issues and meeting customer needs lies in a Web3 gateway that brings together the best of traditional gaming industry and blockchain token economics and NFTs for mainstream gamers
Value proposition to gaming companies:
Bring a new growth engine to traditional gaming companies via blockchain
Significantly lower transaction and platform fees with immediate settlements
Low setup costs with full API integration
Other value-added services e.g. NFT design and minting
Value proposition to gamers:
Next Gen Web3 Platform with lots of fun games to play
Earn cryptocurrency and limited edition NFTs while playing
Sustainable cross-game token economics
DAO community owned and promoted by the ecosystem
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
I hope you found value in our Play To Earn Games video. Make sure to leave a like on the video if you gained value from it!
#Gamifly #Games #Crypto #Coin #Bitcoin #Today #BTC #Binance #Ethereum #ETH #Bitcoin #CryptoGuide #crypto #Ether #DigitalCurrency #BestCryptoExchange
👉👉 For Collaboration Contact Us At: email@example.com
🔥 🔥 For More Crypto News Check Out Our Site: https://www.cryptogemsofficial.com