Web3.0’s value proposition-to embrace paradigm shift from consumption to ownership
Introduction Reviewing the history of internet development in the past few decades, it can be summarized as three different stages: Web 1.0, Web 2.0 and Web 3.0. Web 1.0 is generally considered to have begun in early 1990s offering basic read-only webpages without any user interaction. Web 2.0 came roughly at the beginning of 21st century and continued to today, where users not only read but also create the content based on various social media platforms namely YouTube, Twitter and Meta（Faceb...
Project Brief - THORChain ($RUNE)
Project Description. THORChain (Thor Chain) is a decentralized cross-chain AMM trading protocol that was just created by an anonymous group of cryptocurrency developers at Binance's hackathon in 2018. With THORCHain, users can trade tokens between different L1 blockchains, eliminating the need to trade through a centralized exchange. For users who have always sought privacy protection and asset safekeeping, THORChain offers one of the key features to replace centralized exchanges (CEX): ...
Project Information - Ronin ($RON)
Project ProfileRonin is a sidechain of Ethernet and a dedicated chain of Axie Infinity, the first major chain tour. It aims to solve the problem of congestion and high Gas fee of Ether L1, providing reliable, fast and reasonable cost for the development of the game, and also avoiding the scaling problem that will arise later by using the existing blockchain. Ronin Ecology Ronin Wallet Bridge The Ronin Explorer Purchase Staking Official website: https://bridge.roninchain.com/ Twitter: https://...
Web3.0’s value proposition-to embrace paradigm shift from consumption to ownership
Introduction Reviewing the history of internet development in the past few decades, it can be summarized as three different stages: Web 1.0, Web 2.0 and Web 3.0. Web 1.0 is generally considered to have begun in early 1990s offering basic read-only webpages without any user interaction. Web 2.0 came roughly at the beginning of 21st century and continued to today, where users not only read but also create the content based on various social media platforms namely YouTube, Twitter and Meta（Faceb...
Project Brief - THORChain ($RUNE)
Project Description. THORChain (Thor Chain) is a decentralized cross-chain AMM trading protocol that was just created by an anonymous group of cryptocurrency developers at Binance's hackathon in 2018. With THORCHain, users can trade tokens between different L1 blockchains, eliminating the need to trade through a centralized exchange. For users who have always sought privacy protection and asset safekeeping, THORChain offers one of the key features to replace centralized exchanges (CEX): ...
Project Information - Ronin ($RON)
Project ProfileRonin is a sidechain of Ethernet and a dedicated chain of Axie Infinity, the first major chain tour. It aims to solve the problem of congestion and high Gas fee of Ether L1, providing reliable, fast and reasonable cost for the development of the game, and also avoiding the scaling problem that will arise later by using the existing blockchain. Ronin Ecology Ronin Wallet Bridge The Ronin Explorer Purchase Staking Official website: https://bridge.roninchain.com/ Twitter: https://...
Subscribe to coke
Subscribe to coke
<100 subscribers
<100 subscribers
Share Dialog
Share Dialog
↯ This investment research report is published by Nowhere and the contents of the report are for reference only and should not be used as investment advice or investment basis.
↯ The data mentioned in this report are as of 2021/9/14 and may deviate from the actual situation at the time of publication, please verify yourself.
Brief description of the project
GameFi Protocol (GFP for short) is a GameFi mining pool protocol dedicated to serving all participants in the GameFi ecosystem, including GameFi project developers, professional gamers, investors, etc., forming a GameFi ecosystem that integrates token trading, revenue aggregation, and project incubation. The smart contract has passed CertiK security audit and the governance token GFI will go live on Pancakeswap on the night of September 15.
Official Website | https://gamefi.ai
Twitter | https://twitter.com/GamefiProtocol
Telegraph | https://t.me/GamefiProtocol
Documentation | http://mtw.so/5HXgxf
Blog | http://mtw.so/6c1GLz
Project Interpretation
GameFi can be simply understood as a blockchain game system that incorporates a token economy model. Players can earn token rewards during the game, which can be used to purchase equipment and upgrade characters in the game, or sold for profit in the secondary market to achieve Play to Earn (P2E), which makes most of the revenue generated by the game go to players rather than game makers. In addition, in GameFi, non-homogeneous game props, equipment, characters, etc. are often characterized by NFT, which players can buy with cryptocurrency or acquire through the game.
Since the explosion of Axie Infinity this year, a variety of GameFi products have appeared on the market, often with a high barrier to entry, as players must first use cryptocurrency to purchase game character NFTs in order to play P2E. This is a cost for some professional players to consider, while for the average player who can afford it, game technology and game time limitations may make it impossible to compete with professional players, making it difficult to earn income in the game, or even to lose the initial investment.
As a result, the GameFi market has given rise to gold playing guilds, led by Yield Guild Games (YGG), where the guild provides the initial investment in the account and then hands the account over to professional players to play gold, with the double hair sharing the gold playing revenue proportionally.
GameFi Protocol's vision is to facilitate a partnership between investors and professional players, allowing every player interested in GameFi to participate in the distribution of benefits. Investors can put their crypto assets into GameFi Protocol (equivalent to accessing the GameFi mining pool) and provide initial funding for different GameFi professional players and gold playing guilds to receive a share of the game's revenue.
In addition to enabling cooperation between investors and professional players, GameFi Protocol will also provide an IGO channel to support the cold start of GameFi projects. *** Translated with www.DeepL.com/Translator (free version) ***
GameFi Protocol components include: GSwap, GMiner, GameList and Developer Alliance, as follows.
GSwap: DEX that focuses on GameFi token trading and also supports Farm, GameFi project launch, etc.
GMiner: GameFi mining pool, ordinary players who lack professionalism and have limited time can allocate their assets to different GameFi through GMiner, fund professional players or gold playing guilds, and cooperate to earn game revenue.
GameList: IGO platform that encourages good GameFi teams to start projects on GameList. Project parties are required to pay a certain IGO fee, 80% of which will go into a buyback pool.
Developer Alliance: rewards key players, including GameFi Explorers (mining high quality GameFi on different chains), GameFi Pro players, open source code contributors, bug submitters.
Economic Model
GFI tokens for decentralized governance with a total offering of 228,705,882 GFI, allocated in the following manner.
Team: 9%: no initial release, locked position for 6 months, subsequent 24 months linear release
Liquidity pool: 5%: of which 1.25 million GFI plus 500,000 USDT into the Pancakeswap initial liquidity pool, that is, the opening price of 0.4 USDT
GSwap mining: 23%: released linearly 36 months after product launch
GMiner mining: 40%: 3 months locked position, subsequent 36 months linear release
Strategic Investment: 10%: only 1% upfront financing (remaining 9% will be financed after the project goes live) at 0.13 USDT, i.e. about $300,000 at a total valuation of about $30 million, with 25% immediate release and 25% remaining quarterly release.
Advisors: 2%: 6 months locked position, followed by 24 months of linear unlocking
Eco-Rewards: 5%: 1 month locked position with 20% released quarterly thereafter
Airdrop: 1%
Contract address.
0xDD6C6C114Db071EFE0BAB6051268227CE64C3fFe
GFI tokens will be available on Pancakeswap on September 15 between 20:00-22:00 GMT, with an opening circulation of approximately 1.82 million GFI (Strategic Investment Unlock + Initial Liquidity Pool) and an initial circulation market cap of approximately $728,000 at an opening price of 0.4 USDT.
Investment Institutions
GameFi Protocol has received $3 million in equity funding from Ampleforth Foundation, Seventh Avenue (HK.00797), and Evolution, and will support the FORTH token (Ampleforth governance token) single coin pledge Farm after the product goes live. token funding has been secured from Waterdrop Capital, Bison Capital, Ninth City, ChainVC, K24 Ventures, Chain Capital, IPFS Eco Fund, etc. In addition, the institutions currently in communication include Nova-DAO, HashKey, Distributed Capital, Keyin Capital, etc.
Project Analysis
GameFi is one of the hot spots in the crypto market, and with the development of the track (richness of game playability, positive cycle of game token economy, etc.), more and more players will flock to different GameFi products, which will bring several major demands: the demand for trading game tokens, the demand for funding from gold playing guilds, the demand for investment from non-gamer groups, and the demand for financing from GameFi developers, which will be met in GameFi Protocol. GameFi Protocol has not yet been officially launched, so what we can learn so far is that there is a certain market demand for the product, the initial market value of the tokens in circulation is low, and the capitalists are strong. The key points to follow up include and are not limited to: the user volume and revenue after the product is launched, the cooperation with GameFi projects and gold playing guilds, and the subsequent rounds of institutional financing.
↯ This investment research report is published by Nowhere and the contents of the report are for reference only and should not be used as investment advice or investment basis.
↯ The data mentioned in this report are as of 2021/9/14 and may deviate from the actual situation at the time of publication, please verify yourself.
Brief description of the project
GameFi Protocol (GFP for short) is a GameFi mining pool protocol dedicated to serving all participants in the GameFi ecosystem, including GameFi project developers, professional gamers, investors, etc., forming a GameFi ecosystem that integrates token trading, revenue aggregation, and project incubation. The smart contract has passed CertiK security audit and the governance token GFI will go live on Pancakeswap on the night of September 15.
Official Website | https://gamefi.ai
Twitter | https://twitter.com/GamefiProtocol
Telegraph | https://t.me/GamefiProtocol
Documentation | http://mtw.so/5HXgxf
Blog | http://mtw.so/6c1GLz
Project Interpretation
GameFi can be simply understood as a blockchain game system that incorporates a token economy model. Players can earn token rewards during the game, which can be used to purchase equipment and upgrade characters in the game, or sold for profit in the secondary market to achieve Play to Earn (P2E), which makes most of the revenue generated by the game go to players rather than game makers. In addition, in GameFi, non-homogeneous game props, equipment, characters, etc. are often characterized by NFT, which players can buy with cryptocurrency or acquire through the game.
Since the explosion of Axie Infinity this year, a variety of GameFi products have appeared on the market, often with a high barrier to entry, as players must first use cryptocurrency to purchase game character NFTs in order to play P2E. This is a cost for some professional players to consider, while for the average player who can afford it, game technology and game time limitations may make it impossible to compete with professional players, making it difficult to earn income in the game, or even to lose the initial investment.
As a result, the GameFi market has given rise to gold playing guilds, led by Yield Guild Games (YGG), where the guild provides the initial investment in the account and then hands the account over to professional players to play gold, with the double hair sharing the gold playing revenue proportionally.
GameFi Protocol's vision is to facilitate a partnership between investors and professional players, allowing every player interested in GameFi to participate in the distribution of benefits. Investors can put their crypto assets into GameFi Protocol (equivalent to accessing the GameFi mining pool) and provide initial funding for different GameFi professional players and gold playing guilds to receive a share of the game's revenue.
In addition to enabling cooperation between investors and professional players, GameFi Protocol will also provide an IGO channel to support the cold start of GameFi projects. *** Translated with www.DeepL.com/Translator (free version) ***
GameFi Protocol components include: GSwap, GMiner, GameList and Developer Alliance, as follows.
GSwap: DEX that focuses on GameFi token trading and also supports Farm, GameFi project launch, etc.
GMiner: GameFi mining pool, ordinary players who lack professionalism and have limited time can allocate their assets to different GameFi through GMiner, fund professional players or gold playing guilds, and cooperate to earn game revenue.
GameList: IGO platform that encourages good GameFi teams to start projects on GameList. Project parties are required to pay a certain IGO fee, 80% of which will go into a buyback pool.
Developer Alliance: rewards key players, including GameFi Explorers (mining high quality GameFi on different chains), GameFi Pro players, open source code contributors, bug submitters.
Economic Model
GFI tokens for decentralized governance with a total offering of 228,705,882 GFI, allocated in the following manner.
Team: 9%: no initial release, locked position for 6 months, subsequent 24 months linear release
Liquidity pool: 5%: of which 1.25 million GFI plus 500,000 USDT into the Pancakeswap initial liquidity pool, that is, the opening price of 0.4 USDT
GSwap mining: 23%: released linearly 36 months after product launch
GMiner mining: 40%: 3 months locked position, subsequent 36 months linear release
Strategic Investment: 10%: only 1% upfront financing (remaining 9% will be financed after the project goes live) at 0.13 USDT, i.e. about $300,000 at a total valuation of about $30 million, with 25% immediate release and 25% remaining quarterly release.
Advisors: 2%: 6 months locked position, followed by 24 months of linear unlocking
Eco-Rewards: 5%: 1 month locked position with 20% released quarterly thereafter
Airdrop: 1%
Contract address.
0xDD6C6C114Db071EFE0BAB6051268227CE64C3fFe
GFI tokens will be available on Pancakeswap on September 15 between 20:00-22:00 GMT, with an opening circulation of approximately 1.82 million GFI (Strategic Investment Unlock + Initial Liquidity Pool) and an initial circulation market cap of approximately $728,000 at an opening price of 0.4 USDT.
Investment Institutions
GameFi Protocol has received $3 million in equity funding from Ampleforth Foundation, Seventh Avenue (HK.00797), and Evolution, and will support the FORTH token (Ampleforth governance token) single coin pledge Farm after the product goes live. token funding has been secured from Waterdrop Capital, Bison Capital, Ninth City, ChainVC, K24 Ventures, Chain Capital, IPFS Eco Fund, etc. In addition, the institutions currently in communication include Nova-DAO, HashKey, Distributed Capital, Keyin Capital, etc.
Project Analysis
GameFi is one of the hot spots in the crypto market, and with the development of the track (richness of game playability, positive cycle of game token economy, etc.), more and more players will flock to different GameFi products, which will bring several major demands: the demand for trading game tokens, the demand for funding from gold playing guilds, the demand for investment from non-gamer groups, and the demand for financing from GameFi developers, which will be met in GameFi Protocol. GameFi Protocol has not yet been officially launched, so what we can learn so far is that there is a certain market demand for the product, the initial market value of the tokens in circulation is low, and the capitalists are strong. The key points to follow up include and are not limited to: the user volume and revenue after the product is launched, the cooperation with GameFi projects and gold playing guilds, and the subsequent rounds of institutional financing.
No activity yet