In the second half of 2019, Mary Ma, Chief Strategy Officer of MixMarvel, first proposed the GameFi Protocol - gamified finance and new business, in her speech at the Wuzhen Summit.
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About GameFi Protocol
From March 2021 to June 2021, an explosive period began for GameFi. The number of daily active blockchain gaming wallets increased from 51,000 to 375,000, an increase of over 600%. GameFi's natural combination of DeFi and NFT has also contributed to the great success of GameFi. For example, the NFT game Axie Infinity only took a few months to raise over $ 39 million. The auction price of The Sandbox land has grown 19 times in 6 months.
Some features:
| 1 | Play to Earn (P2E) is currently a popular business model in GameFi, which matches the Free-to-Pay (F2P) model, commonly used in the traditional internet gaming industry. |
| 2 | The latter means that players can play for free, but if you want the best gaming experience, you have to pay. |
By participating in the in-game economy, players create value for other players and developers. In return, they get rewards with in-game assets. These digital assets can be any encrypted assets, verified on the GameFi blockchain with Pure Play to Earn (P2E) mode. It usually has strong DeFi and weak playability, which usually results in strong GameFi periodicity. For example, AXS, SAND, etc.
In this way, users can participate in various GameFi projects on GameList and, at the same time, enjoy the game and earn money while playing. Of course, the GameFi protocol encourages outstanding GameFi teams to launch GameFi projects with high playability and reasonable tokenomics on Gamelist.
GSwap
GSwap performs four main functions: participation in trading, farming (liquidity extraction) and launching pools (free launch of a new GameFi project). Stake is the easiest way to earn tokens, using the GameFi protocol. At GSwap, you can receive GFI Token rewards for free by placing GFI or Forth bets. Users can add different trading pairs of tokens to the liquidity pool (LP) and place bets on the liquidity pool (LP) in the Farm. Farm income includes fees for transaction fees, earned through providing liquidity, and GFI fees, earned through LP's participation in the farm. When trading GSwap, users can use their own wallets to conduct multi-currency transactions without trusting a credit intermediary.
More about dapp
Explore the project in more detail through a special introductory section. It contains complete information. Also, there is a blog on the Medium platform, where articles are available. The RoadMap section marks future updates.
From social networks, the community leads:
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