GameFi games and NFT+Defi

On July 30 , the cover of Fortune magazine reported: DeFi is occupying Wall Street . The article means that Defi is rapidly penetrating Wall Street, so it is necessary for all financial institutions must build their own Defi strategy to avoid being eliminated from future competition. In fact, we can find the tremendous changes in the development of Defi in recent months . It has become a broad concept. Now we can understand Defi as a more appropriate " a financial economic system with valuable data on the chain ". Under this new category definition, the recent development trend of Defi has been alienated: the original "pure finance" is subject to the market conditions, and its development has not been as fast as imagined. Instead, the first thought edge but gradually become the mainstream of development areas, most notably the chain game Defi ( GameFi ) it is clear that this game shows a potential to change the world like, which is not limited to the so-called decentralized finance. This is a new product of the global financial circle.

First look at the chain game GameFi . In the near future, it should be the superstar coin just like AXS , which is familiar to all people. AXS has skyrocketed by more than 20 times , and it was once the number one in Twitter search. According to the latest statistics in July, Axie Infinity's 30- day cumulative trading volume exceeded US$ 600 million, an increase of 449.5% from the previous month . On July 31 , its single-day income exceeded 40 million U.S. dollars, which was three times the income of the traditional game overlord that day . There are many articles about AXS project introduction, and i cannot repeat its gameplay here. What we can really recognize from its enthusiasm is why this type of NFT+Defi chain game can become the hottest and fastest-developing Defi field nowadays ? You know, not only Axie Infinity , but also My Neighbor Alice (token ALICE) , CryptoBlades ( token SKILL) , Aavegotchi (token GHST ),Alien Worlds (token TLM ) etc, these coins have a certain degree of popularity.

I believe that speculation is nothing more than a kind of " imagination of market dream rate. " The prospect is imaginative, and the speculation is effective, not only abundant money can be but this type of chain game is actually out of the circle. I feel that it is not appropriate to describe it as a "game". Strictly speaking, the game is just a carrier of financial transactions, which makes financial transactions interesting and enhance the sense of experience and operability . Previous games used "games feature" as their core, while GameFi used "finance" as their core. From a long-term perspective, the game is actually used as a means of marketing and opening. The project itself is a meta-universe, an attempt to build a large ecology that integrates countless business formats, and it is a "virtual world." The investment value of similar projects is no longer evaluated based on the playability of the game, but based on its development prospects as a virtual world . The industrial positioning and the superiority of the economic system are far more important than the playability of the game.

GameFi idea is to develop a city, but the initial capital is limited, so the game is developed first, which is equivalent to building a trading terminal or a coastal town. When the terminal or town is prosperous and attracts a lot of people, it will gradually develop the city . The idea of ​​a large platform is to directly build a meta-universal city, divide industrial areas, establish one, two, and three levels of virtual land with different values, and then "invite investment". Games is just a part of its entertainment sector.

In the large-platform meta-universe, chain travel is very important, but after all, it is only a part of the meta-universe. But what needs to be recognized is that everyone wants to develop their own ecology and hope it to became a prosperous meta-universe city in the digital world in the future-a virtual digital community. It now appears that starting through the chain game has become the main short-term method, and it has proved to be very effective . This wave of craze led by AXS is exactly the capital's response to this trend. In the second half of the bull market, GameFi will continue to be probable. There is a quotation, because this is not just a single project of Axie Infinity , but represents an important or even mainstream path for the development of blockchain .

GameFi developed so quickly because NFT has become the sharpest weapon in the development of various fields of blockchain. NFT is the value packet of the Internet. What does that mean? That is, all valuable data is integrated into data packets on the chain. Of course, data packets are valuable and need value circulation. How to achieve this? It is NFT . And because most of the tokens are non-homogeneous, and homogeneous tokens are only a small part, the mainstream of future tokens will be NFT instead of the various project tokens or tokens that we are already familiar with. More simple way, you can understand that NFT is a valuable data package in the future. NFT makes data capitalized, valued, and then tradable .

Therefore, for GameFi , we can understand its concept and path is to use NFT to realize the exchange of data value, and use this as a basis to conduct decentralized financial Defi transactions, while game is fun to trade transactions and marketing to achieve user growth. This NFT+Defi+Game has formed a huge synergy, achieving new hotspots and new major trends in the history of its blockchain development.