Unlock the potential of gaming, PlanX redefines on-chain Steam

Author: PlanX

At the beginning of 2024, insights from leading crypto VCs into gaming projects have become a game of the next bull market, potentially evolving into even more astonishing modular combinations.

• The bull market is gradually approaching, and the financing sentiment for crypto games remains high
• The narrative economics of games are migrating to the DA layer
• On-chain Steam will become the cornerstone of the future market

Triggered by the market's popularity of xpet and bitcoin cats, the competition in crypto games continues to spread from Layer 1 and Layer 2 to the Bitcoin network and native gaming networks. The soaring user activity index on-chain also indicates an impending explosive bull market. As a vibrant, creative, and foundational multi-layer Lego of cryptocurrency, the GameFi market will further re-enter the public eye due to factors such as market speculation and the return of NFT value.

PlanX has recognized this and decided to integrate on-chain resources by introducing a crypto-native language and market observation mechanism to create a gaming DA layer, essentially building an on-chain super Steam. From providing game recommendations to comprehensive analysis, and then to asset aggregation and trading, PlanX attempts to break conventions and meet the underlying logical needs of gamers and the development space of on-chain games.

On-chain Steam, reigniting confidence in crypto games

After experiencing the spiral death of P2E, the GameFi market has been in a slump for a long time. To a large extent, after a two-year adjustment, we are on the eve of a new GameFi explosion. This also marks the third year of PlanX's entry into the crypto gaming industry.

Looking at its growth history, PlanX has demonstrated strong self-renewal and innovation capabilities, always adhering to a player-first approach, building a permissionless "cross-chain bridge" for game projects and gamers. From the early incubator connecting web2 and web3 to a platform for aggregating and trading on-chain assets, PlanX has developed into a super dream factory, achieving deep cooperation with over 30 gaming guilds and allowing over 300 gaming assets to be freely traded.

For PlanX, the determination to create on-chain Steam is rooted in multiple factors, including the current state of crypto games, the future explosion of the GameFi market, and the game lifecycle, considering a new growth model. Unlike previous aggregation trading, the Steam model combines the most popular, potential, and user-rich attempts, creating an account abstraction standard unique to crypto gamers. By merging creativity and functionality at the protocol layer, it expands the playability features of games. Moreover, through PlanX Steam, users can interact with projects in unprecedented ways, from participating in tests and game evaluations to exploring immersive narratives.

Breaking conventions, creating an infinite flow carrier

Speculation, FOMO, the birth of new things often comes with controversy. From the early ordinals to the recent hot ERC404, the innovative duality of graphic tokens mixes FT and NFT, creating something novel, interesting, and abstract. The same applies to the vast GameFi market.

GameFi often includes various economic models such as NFT, FT assets, and game consumption-output mechanisms, encompassing both protocol and application layers. Starting from this, PlanX constructs a complete and orderly Steam platform, promoting this wonderful chemical reaction to the extreme.

Compared to traditional embedded games or game studios, PlanX offers a dynamic and interactive experience that goes beyond previous game content previews. These immersive features allow gamers to enjoy a dual benefit, gaining intuitive information about potential projects while also enabling users to create personalized account systems through interactions like browsing and voting, blurring the lines between insights and projects, and opening up new avenues for creativity and participation within the entire Steam ecosystem.

Pan-entertainment, the "Nintendo" of Generation Z

When implementing the "Barrier Effect" mechanism, PlanX has become a natural market habitat and insight dashboard, providing a platform for liquidity expression for the vast majority of gamers and game asset traders. Users are both participants and builders, allowing them to achieve liquidity guarantees without needing to seek additional liquidity support.

One of the key differences between PlanX and other gaming platforms is that it achieves the nesting of data, value, and assets through underlying composability. This nesting is not an isolated accumulation of project information but is supported by in-depth research conducted across multiple dimensions, helping most users achieve one-click mining of potential projects, identify project strengths and weaknesses, and receive professional and comprehensive game strategy guidance.

This top-down account abstraction system will be judged by user behavior, obtaining a "soft termination" under the economic incentive mechanism, where users spontaneously utilize social value for market monetization, ultimately concluding transactions. This is similar to the recent trend of graphic token conversion with ERC404, which separates SFT into NFT and FT, providing greater liquidity and bringing quality foundational elements to the construction of the crypto economy and the metaverse. It is an experimental attempt. PlanX also seeks to benefit from homogenization through underlying composability, thereby reducing user thresholds and allowing for easier and quicker participation in gaming experiences.

Future Outlook

As one of the long-term narratives in the Web3 field, GameFi has attracted significant capital attention. From the ERC404 in the Bitcoin ecosystem to the XPET connecting web2 and web3, especially the recent popularity of Ronin Chain and Pixels games, the mass adoption of games in the future has already become a trend in the crypto market.

For PlanX, the Steam plan will connect countless potential gaming projects and the infinite assets behind them, driving the entire crypto gaming market's degen and representing the general relativity of future DA narratives. We firmly believe this will become a direct catalyst for the rise of on-chain Steam game narratives, directly compatible with multi-network gaming projects, thereby covering more quality gamers.