GameFi's most promising alpha: Crypto-native protocol PlanX

Industry Express
2023-11-23 18:35:10
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Currently, PlanX has partnered with Yeeha Games for market collaboration and will also deploy networks such as Ton and Arbitrum to help the entire GameFi ecosystem achieve positive growth.

Author: PlanX


"When the game is re-dyed, the market speculation space will reach its limit. Behind FOMO is the power of AMM integration, and it is also a great opportunity to enter the market."

Recently, the Bitcoin ecosystem has been booming, with new narratives centered around inscriptions and RGB reigniting expectations for the ancient BTC network and changing the public's stereotypical view of the Bitcoin network. Ordinals NFTs give a steampunk vibe, building retro yet sophisticated worldviews on a primitive mechanical foundation, while the hype around BRC20 largely resembles another form of MEME occupying the crypto world.

In these vibrant and innovative fields, as a GameFi Alpha that spans multiple Legos like NFTs and DeFi, the crypto-native protocol PlanX holds significant reference value. With its advanced technology and innovative thinking, PlanX is becoming a highly anticipated project in the crypto world.


What is PlanX?


PlanX was formerly known as the open gaming platform PlanckX, and after a brand upgrade at the end of October, it officially changed its name to PlanX (official website: https://planx.io/, Twitter: twitter.com/PlanX_DEX). It shares a similar spirit with Twitter's "X" plan, filled with enthusiasm for the future of the GameFi world, where the unknown clashes with rationality, and obsession intertwines with emotion.

Compared to previous gaming aggregation platforms, PlanX innovatively adopts the GUIP concept (Gamefi Universal Identity Protocol), improving on Equality assets, Analysis aggregation, and Trading Pool:

  • Aggregating more GameFi Equality assets
  • Capturing value through trading fees, integration costs, etc. on Trading
  • Integrating the fundamentals and data aspects of top and potential GameFi projects


Service experience similar to centralized exchanges


PlanX has made detailed and comprehensive updates based on PlanckX, integrating DEXs like Uniswap, Sushiswap, and Pancakeswap, with a built-in slippage monitor, allowing for low Gas trading without cross-platform transactions.

In discussing DEX AMM, in today's fiercely competitive DeFi landscape, if a project fails to gather liquidity from early incentives, it can easily be swallowed by the market. It is also susceptible to the allure of high APYs, leading to a temporary false "prosperity," and once the data stops, nearly 90% of LPs will exit.

Considering the current market, PlanX avoids high subsidy battles for liquidity and shifts to aggregating top DEXs, thus avoiding the dilemma of "high death spirals and rapid declines." What is the benefit? Once users boost for 2-3 months, the transaction fees will form a scale effect, and the public will quickly recognize and accept PlanX as the most convenient DEX for GameFi.

But is PlanX's product only aimed at end-users? The answer is no. Data shows that PlanX aims to design a decentralized aggregator trading platform that provides swap convenience without minimum threshold restrictions and minimizes trading complexity; while also offering a B-end product experience similar to CEX types. Currently, PlanX has already partnered with Yeeha Games for market collaboration and will deploy on networks like Ton and Arbitrum to help the entire GameFi ecosystem achieve positive growth.


Clear moat and high market concentration


Although it is a DEX aggregator, PlanX aggregates top DEXs from the front end, establishing a modular combination service from an architectural perspective, building a new ecological development route focused on "collaborative narratives," leveraging AW autonomous worlds to create an ultimate DEX focused on the GameFi track.

Since its launch in October 2021, PlanX has undergone two years of development and growth, enduring the test of time, while continuously updating to provide users with a better trading experience. From being obscure in the early days to now thriving, PlanX has attracted over 150 blockchain games, successfully listing over 40 GameFi tokens, and establishing official partnerships with several blockchain gaming guilds such as Southeast Asia's Shadow Legacy Guild, Ace Crypto Guild, Hatten Gaming Guild, and Dino Guild. It has been a sponsor of Singapore's Token2049 for two consecutive years, showcasing its influence and strength on the international stage.

Since the upgrade at the end of October, PlanX has made detailed strategic deployments, from announcing its entry into the BNB Chain to the recent roadmap updates, with a value proposition that is simpler and clearer: providing liquidity for both upper and lower economic tiers, i.e., creating an aggregated economy. Now, in order to compete with more AMM products, PlanX is not only deepening its focus on the GameFi field but also conducting "Nomos" structural sorting of the traditional gaming industry, imposing meaningful order on individual discrete experiences and crypto significance, narrativizing the secrets of time.

Innovation will not stagnate; PlanX's journey into the future has just begun!

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