Capture the value of NFT games. Why is Game-NFT considered the best new opportunity for users to make money?

This article is from Win Capital.

Preface

The market welcomed a frenzied bull market in 2020, with the entire ecosystem centered around DeFi completing a closed loop in blockchain underlying technology, becoming the most feasible direction. Various projects experienced explosive growth, such as AAVE, which came into the spotlight after BzX was attacked by flash loans twice in February 2020, leading to a crazy surge, with a peak increase of over 2000 times in just one year.

Various DeFi projects emerged in response, and the cryptocurrency field has split into two types of projects: one related to the explosive growth of DeFi, and the other unrelated to DeFi concepts, which remained stagnant. The crazy surge of DeFi also led to changes in derivatives related to DeFi and the entire ecosystem technology. For example, financial derivatives of DeFi began to appear, and the insurance sector took off directly, with projects like NXM and COVER becoming new market opportunities. Additionally, YFI, which surged 10,000 times in just 42 days, directly gave rise to a new track for DeFi yield aggregators.

The momentum of DeFi has swept across the entire cryptocurrency field, but it was merely a celebration for a small number of people. Some users who are extremely sensitive to the market and have strong learning abilities, along with some high-cognition users, did not manage to earn substantial profits from the DeFi trend. However, the experience of DeFi tells us that the trend of blockchain is unstoppable. When the underlying technologies are fully developed, such as public chains, cloud storage, and oracles that can achieve closed-loop applications, they will bring significant opportunities to users.

As the early dividends of DeFi gradually disappear, how should we seek new trends and opportunities? In fact, the market has already provided us with answers. The track represented by NFTs is quietly rising, and this new star in the market will bring us a much larger market and opportunities that surpass those brought by DeFi applications. The Game-NFT projects are poised to take off, waiting for this major trend, to reshape the NFT gaming sector's new journey.

The Future is Here: The NFT Track Becomes a New Value Hotspot

In recent years, news about NFTs has become increasingly prevalent. As early as 2017, the cryptocurrency field saw the rise of CryptoKitties, represented by ERC-721, which became popular worldwide. Players in the cryptocurrency field began to engage in cloud cat breeding, selling these unique NFT pets. At the same time, CryptoKitties also became a way for Ethereum to generate over 30% of its transaction fee revenue, indicating that NFT trading was already quite hot at that time.

Later, projects represented by Enjin and Loom began to launch new gaming platforms. Enjin's ERC-1155 protocol, in particular, allowed for a more convenient way to package and quickly mint and dissolve NFTs, enabling many projects to collaborate and launch various themed NFTs, lowering the usage threshold and educational costs for early users. OpenSea gradually became the leading NFT exchange as it was continuously used by users.

Subsequently, NFTs began to experience a massive explosion, particularly in the gaming sector, where NFT finally became the holy grail sought by investors. Mana and Enjin saw significant surges, and more social-type games, such as Alice, Axie, Sandbox, Battle Pets, and even the application-based unlimited token SLP derived from Axie users, also experienced massive growth.

It can be seen that the combination of NFTs and games can create a more vibrant ecosystem for the entire track, especially for projects represented by Game-NFT, which are not only cutting-edge but also highly playable game projects, serving as an ecological platform for games. In the future, it can develop into a vast ecosystem capable of accommodating larger user bases, capital, and business volumes, forming a more extensive NFT gaming empire.

Currently, there are still not many ways to play with NFTs, especially since the underlying technology, middleware, and application layers are not yet fully developed. The NFT track has already provided us with many early dividends. Moreover, the NFT track can integrate well with other technological fields. As mentioned earlier, in the gaming sector, even some good IPs can leverage NFTs to create fan economies and monetize from them. For instance, there is a project called CHZ, which focuses on sports and can help high-impact IPs to cash out and generate revenue, expanding the fan economy.

The early opportunities presented by NFTs are comparable to those offered by DeFi, especially in many areas with technical barriers, where early layout, information asymmetry, and cognitive differences can help realize early dividends.

For example, in the NFT gaming sector, many early users gained significant profits from Mana. The early purchase price of land in Mana was quite low, and through exploration and creation over a long period in the game, various gameplay emerged after the Mana revision. Users who participated could earn good returns, and even after the Mana token saw dozens of times increases, many investors made money through this method.

Therefore, during a chaotic period in a track, it is often the best time to lay out, as most people do not have this forward-thinking awareness. Only when a large number of users and funds start to flood in at the end do they follow the market trend, but by then, the opportunities are already limited. Only early layout participants are likely to reap the full dividends and achieve excess returns.

In the NFT gaming sector, users can participate with a lower threshold, and due to the high playability and fun, along with the ability to solve many problems that traditional games cannot address, it will have a broader appeal to players in the cryptocurrency field. Especially when combined with token economics, DeFi, and various methods, it can allow more players to participate during the early cold start phase and lead to a large-scale ecological explosion, providing more opportunities for players and investors.

In this regard, Game-NFT is already at the forefront of the NFT gaming explosion era, offering users a better experience and opportunities in a more friendly manner. When users participate, they can discover new worlds through new explorations.

Value Gap: Game-NFT Becomes the Biggest Money-Making Hotspot

As the NFT trend becomes increasingly evident, the gaming sector has also welcomed its spring. Game-NFT is a high-quality gaming platform that differs from traditional gaming platforms. It is a high-quality distributed NFT game sharing and player communication community, established based on new technologies, new concepts, new business models, and new forms of organizational collaboration, bringing significant impact to the increasingly innovative market.

In the face of the current chaotic gaming market, especially where the rights of gamers cannot be adequately protected, the emergence of Game-NFT brings new hope to the market. The primary vision of Game-NFT is to solve the profit distribution problem in gaming, aiming to allocate more game profits to game developers and allow various developers to launch high-quality projects on the platform. The platform will leverage its resource advantages to help the games in the entire ecosystem develop and plan effectively.

For users, the Game-NFT platform can ensure the value and liquidity of their gaming assets, especially under the support of token economics, which can perfectly balance the incentives among game developers, the platform, and users, allowing every user contributing to the system to benefit.

According to official information, the first project on the Game-NFT platform is "Tales of Heroes," an independently developed game product and the first starting point for many high-quality products in the NFT gaming ecosystem.

This is a role-playing game featuring dungeon exploration and hero development, with a rich PVE storyline and a balanced PVP combat system. Players can choose to focus on single-player story mode challenges or climb the leaderboard in a 3 vs N mode, and during their leisure time, they can visit friends' towers to enhance interaction.

The game has fully integrated with NFTs, allowing for various transactions of common equipment, items, materials, and trades. Users can conduct exquisite NFT transactions on-chain, using these items to profit or enhance their characters' combat abilities, experiencing more game content and earning additional rewards.

In fact, this is not the first time the team has independently developed a game product. The team has rich development experience and has previously developed multiple original games, attracting a large number of long-term followers. The products developed by this team cover a wide range of areas, and their diversity, innovation, and playability provide more rich experiences compared to ordinary game teams, allowing them to follow player demands and create a good gaming environment.

Moreover, with the gold rush era of NFTs and token economics, this will lead to a comprehensive wave of NFT frenzy in the long run. Therefore, under this opportunity and background, users are presented with more early opportunities. For example, users who participate early in the game can experience it sooner, and with their understanding of the content and mastery of the game rules, they can discover ways to profit from the game earlier, even finding money-making opportunities while the early user growth is not so rapid.

Comprehensive Empowerment: The Dividend Era of New Game Models

For users in the cryptocurrency field, they prefer community autonomy and closed-loop trading and profit-making methods surrounding the entire gaming ecosystem. The early token generation of "Tales of Heroes" differs from ordinary internet games, as it directly adopts liquidity mining to allow users to participate more fairly in early token distribution. The combination of NFT and DeFi provides users with more flexible participation.

The role of tokens in the entire system is significant, as they need to solve gaming incentive issues while also ensuring that tokens have better utility, becoming more valuable and empowering comprehensively. Therefore, for users, as long as they understand the scale of token usage, they will have more options in the early stages. This can also be seen from a long-term perspective that this token model can continuously enhance value, reduce token circulation, and endow tokens with higher value. Moreover, a closed loop has already formed in token applications, which can fully reflect the value of the entire project ecosystem and community.

From the project's planning direction, the project party is more inclined to develop the project's ecosystem, meaning that more developers can participate, and more games can run on the platform. This is quite beneficial for the entire token system. Just like Binance's platform token BNB, the larger Binance's ecosystem, the higher the value of the platform token. Similarly, the value of Game-NFT's tokens will be reflected as the entire ecosystem begins to develop robustly.

With the development of other Game-NFT projects and collaborations on platforms like Cake, DODO, DEGO, and even the potential to launch on major DEXs or CEXs like Uniswap and Binance, the early liquidity can be effectively resolved, allowing more users to participate.

Conclusion

The user penetration rate in the cryptocurrency field is quite low. According to the current internet penetration rate, it has already exceeded 70%. Many ordinary people do not gain significant benefits from technological developments. However, if the mindset changes and one chooses to take a different path, in the cryptocurrency field, the user penetration rate is only 1-2%. For the emerging NFT track, the number of users who pay attention to or use it is still quite small, especially since many users in the cryptocurrency field only have a superficial understanding of some tokens or technologies without delving deeply into their analysis, such as the principles of technological implementation, future development trends, or changes.

Therefore, under the era of dividends and the major trend of NFT games, Game-NFT represents a significant opportunity for ordinary users to gain substantial dividends, especially for those early pioneers and explorers who can find opportunities within it.

NFTs will continue the craze of DeFi, allowing more ordinary users to find opportunities at the forefront of the era, and Game-NFT is the choice with the lowest trial-and-error cost and the highest potential returns.