The blockchain gaming industry is flourishing, summarizing seven types of blockchain games

Original Title: 《Chain Games: Left Hand Gaming, Right Hand Finance》

Written by: Tangyuan, Hive Tech

Since July, the asset prices of NFT games, represented by Axie Infinity (AXS), have soared, with AXS increasing by 1138% within the month, while other game assets in the sector, such as SAND, ALICE, and TLM, have also risen by over 200%.

NFT games are an important component of chain games. Due to the value circulation characteristics of game assets, chain games are also referred to as "GameFi," often indicating games that leverage blockchain technology to enable asset circulation on-chain, with the aim of "financializing games" or "gamifying financial products" gradually becoming a selling point for chain games.

The recent explosion of GameFi is attributed to the development of DeFi and NFTs—NFTs provide a basis and carrier for the value consensus and ownership of game assets; with the support of open financial applications, these on-chain game assets have entered scenarios of collection, trading, and even lending.

The flourishing of GameFi can also be credited to the improvement of public chain performance. In the early days, GameFi projects were mainly concentrated on the Ethereum chain, which often faced congestion and excessively high GAS fees, affecting the user experience. Now, the emergence of Layer 2 and other high-performance public chains is addressing these pain points and providing the underlying infrastructure for the popularization of GameFi projects.

The recent rise in game assets has prompted the outside world to re-evaluate the development of the GameFi track. In the early days, many teams were dedicated to the blockchain gaming field, hoping to use blockchain technology to financialize game assets. This issue of DeFi Hive has sorted out representative GameFi projects from different public chains.

1. Pet Battle Game Axie Infinity

1. Introduction

Axie Infinity (AXS) is a digital pet breeding game built on Ethereum. It currently ranks first among blockchain games on Ethereum in terms of trading volume and user count.

Players on Axie Infinity raise, breed, and trade NFT fantasy creatures called Axies, and can also battle with other players. To enter the game, players need to purchase 3 Axies using ETH, with each Axie being an NFT that has different characteristics and game roles. Players can earn game asset rewards in the form of SLP by winning battles or completing tasks, and SLP can be traded on secondary markets, thus achieving the goal of "play-to-earn."

Axie Infinity Official Website

The Axie Infinity ecosystem has two tokens: the game asset SLP and the governance token AXS. SLP is used for pet breeding and is also the task incentive asset within the game; AXS is primarily used for proposing and voting on game improvement plans.

To solve the issues of congestion and high GAS fees on Ethereum, the Axie Infinity team built their own Ethereum sidechain called Ronin. In May of this year, Axie Infinity migrated to Ronin. Since then, the game's functionalities have been operating on the Ronin sidechain, while it can bridge back to Ethereum when needed. Currently, only AXS and SLP need to be transferred across the bridge, and users can access this ecosystem through Ronin Wallet and MetaMask.

2. Gameplay

Axie Infinity consists of four main components: the battle system, breeding system, land system, and trading system.

• Battle System—Players use their Axie pets to compete against other players, and Axies can earn SLP asset rewards through battles. SLP is also essential for breeding Axies. If players do not wish to breed, they can sell their rewards on Uniswap.
• Breeding System—Used to create new Axie breeds. The new breed of Axie is determined by the genes of two Axies; breeding two Axies can produce a unique gene new breed, and the breeding process requires SLP. The amount of SLP consumed is related to the number of times Axies have been bred; the more times they breed, the more SLP is required.
• Land System—Currently, in Axie Infinity, land only has a trading scenario without a usage scenario, but landowners have priority access to any assets generated on their plots.
• Trading Market—Players use this to buy and sell NFT fantasy pets and land.

3. Data

According to Token Terminal, Axie Infinity generated $167 million in revenue in July. The number of Axies sold within 24 hours was 48,800, with a trading volume of $26.66 million. The maximum supply of the AXS token is 270 million, with a circulating market value of $2.7 billion, ranking within the top 30 in the crypto market, and the number of wallet addresses holding the token is 2,011.

2. Battle Game Illuvium

1. Introduction

Illuvium (ILV) is a decentralized NFT collection and battle game built on the Ethereum network. One significant reason for the market's attention to this game is that its founding team includes Kieran and Aaron, brothers of Kain Warwick, the founder of the synthetic asset platform Synthetix.

Illuvium Official Website

The core of Illuvium is a role-playing game (RPG) with NFT collectible value, where players encounter and battle Illuvial beasts while traversing shattered planets. You can defeat these creatures in battle or choose to capture them in fragments. Successfully capturing a creature generates a new NFT, representing the captured creature minted as an asset and stored in your wallet. When you capture the same type of creature, you can also fuse them together to create more powerful beings.

In addition to various NFT creature assets, the Illuvium ecosystem token ILV can be used for governance voting, protocol revenue, and profit distribution. Additionally, ILV holders can lock up their tokens for staking or form ILV-SUSHI liquidity pairs to earn liquidity mining rewards.

2. Gameplay

In Illuvium, you need to collect Illuvial creatures, each of which is an NFT, with different rarities and capture difficulties, resulting in varying values.

For new players, you can obtain some fragments for free on the platform, which can be used to capture basic Illuvial creatures, allowing you to experience and learn the game mechanics. Advanced players can purchase in-game items and specialized equipment using ETH to enhance their combat capabilities.

3. Data

According to DappRadar, Illuvium has attracted 3,730 players in the past 30 days, with 12,850 transactions occurring, amounting to $61 million in asset transactions. The maximum issuance of ILV is 10 million, with 4,579 wallet addresses holding it, currently priced at $129.

3. Multiplayer Farm Game My Neighbor Alice

1. Introduction

My Neighbor Alice (ALICE) is a multiplayer building game running on the Binance Smart Chain (BSC). Players can purchase and own virtual land in the game, collect and build interesting items, and meet like-minded individuals for social interaction in the chain game.

My Neighbor Alice Official Website

2. Gameplay

My Neighbor Alice is a multiplayer farm building game where players can occupy a piece of land and decorate their plots according to their preferences. They can also participate in activities such as farming, fishing, bug catching, and beekeeping.

In the game, land, plants, tractors, fishing rods, buildings, etc., are all presented as NFTs. Players can treat these as assets, which can be bought and sold in the in-game trading market, traded on third-party NFT exchanges, or rented out on their farms.

The native token ALICE can be used to purchase production tools within the game ecosystem. ALICE holders can also stake their tokens on DEX to provide liquidity and earn game asset rewards.

3. Data

According to official Twitter, My Neighbor Alice has 87,000 followers. The maximum issuance of ALICE is 1 billion, with 1,167 wallet addresses holding it, currently priced at $16.

4. Role-Playing Game CryptoBlades

1. Introduction

CryptoBlades (SKILL) is an NFT role-playing (RPG) game on the Binance Smart Chain. After selecting a character, players upgrade weapons to defeat monsters and earn rewards.

CryptoBlades Official Website

2. Gameplay

Players can use the SKILL token to acquire characters, forge, and reforge weapons, and SKILL can also be traded in the CryptoBlades in-game market.

To enter CryptoBlades, players need to purchase hero characters using the SKILL token in the market. Different characters come with different weapon equipment, and each character and weapon is an NFT asset that can be freely traded with other players.

After upgrading weapons with SKILL, players can use powerful weapons in the game to defeat enemies and earn SKILL. The stronger the matched enemies in the game, the higher the SKILL rewards for defeating them.

3. Data

According to DappRadar, in the past 30 days, CryptoBlades has had 459,000 players, with 38.81 million transactions, amounting to $80.12 million in asset transaction value. The maximum issuance of SKILL is 1 million, currently priced at $97.

5. DeFi Gamified Application Aavegotchi

1. Introduction

Aavegotchi (GHST) is an NFT collection game built on the on-chain lending protocol Aave, gamifying DeFi products, allowing users to experience DeFi through gaming. It is also the first NFT game supported by a DeFi protocol.

Aavegotchi Official Website

2. Gameplay

Aavegotchi ghosts are digital pets, with each ghost representing an NFT. Initially, game developers synthesized Aavegotchi ghosts using the aToken lending certificates from Aave. The ghosts can interact and compete in the game, with each ghost NFT being a loan certificate from Aave.

In Aavegotchi, you can use the governance token GHST to purchase various digital assets, such as hats, skins, and other decorations for your ghost.

In June of this year, the team released a white paper for the exclusive Aavegotchi metaverse project Gotchiverse Realm. Aavegotchi ghosts will have functions such as socializing, exploring new lands, battling enemies, and farming for rewards.

3. Data

According to DappRadar, in the past 30 days, Aavegotchi has attracted 2,580 players, with 130,000 transactions occurring. The maximum issuance of GHST is 40.44 million, with 5,056 wallet addresses holding it, currently priced at $1.74.

6. DeFi Pet Battle Game My DeFi Pet

1. Introduction

My DeFi Pet (DPET) is a DeFi pet breeding game running on the Binance Smart Chain (BSC) and KardiaChain. Players can breed, evolve, purchase, and trade pets, build their own teams, battle with other players, and earn rewards. Each pet is an NFT asset, and players can also develop new pets to sell on the NFT market.

My DeFi Pet Official Website

2. Gameplay

There are two ways to obtain My DeFi Pet pets: one is to purchase pet eggs using a certain amount of the native token DPET and then hatch the pets; the other is to win them through auctions, with a new pet being born in the market every hour, auctioned for 24 hours, and players can bid for pets using DPET.

Each pet has a certain evolution level and ability, depending on its rarity. Players can upgrade their pets by feeding them DPET.

The DPET token is the main asset in the game, serving as both the currency for trading and purchasing pets, as well as the material for hatching and feeding pets. Players can earn DPET by completing specified game tasks and engaging in battles.

3. Data

According to DappRadar, in the past 30 days, My DeFi Pet has had 168,000 players, generating 1.29 million transactions, with asset transaction amounts reaching $55.54 million. The maximum issuance of DPET is 100 million, currently priced at $8.8.

7. Cross-Chain DeFi Farm Game DeFiLand

1. Introduction

DeFiLand is a cross-chain DeFi farm game built on Solana, aiming to gamify decentralized finance (DeFi).

DeFiLand analyzes various behaviors users take in each DeFi protocol and designs them into an interactive game. By gamifying the interactions of decentralized finance, it makes it easier for users to understand and use DeFi products.

The application aggregates all DeFi protocols into one access point, allowing users to manage DeFi assets in a one-stop manner without needing to access each protocol separately.

Through the DeFiLand game, users can utilize DEX, lending applications, and even perform AMM market-making. For example, when players farm in the game, DeFiLand helps them use different liquidity pools to complete liquidity mining.

DeFiLand Official Website

2. Gameplay

In DeFiLand, each asset is an NFT. For example, in the demonstration image, SOL represents sunflowers, USDC represents corn, and COPE represents pumpkins, etc. These assets are used to execute the functions provided by DeFi protocols.

In the DeFiLand game scenario, users can even directly feel market changes. For instance, the weather in DeFiLand depends on current market conditions—on a market downturn day, DeFiLand's weather is cloudy or rainy, and during significant drops, thunderstorms or hail may occur in the game; if the market performs well, the weather is calm and sunny, and rainbows may even appear.

The background music of DeFiLand is also set according to market conditions; when the market performs poorly, the game plays melancholic music; when the market performs well, cheerful music plays.

Currently, the DeFiLand game has not yet launched, but promotional content is available, and interested users can follow official information at any time.