Playing games to make a lot of money? What is the essence of Metaverse Chain Tour?

We are all carried forward by the torrent of the times, and there are many new things that you should know about. With the popularity of the metaverse, chain games have begun to show explosive growth in recent months, and his super gold-absorbing ability has attracted more and more people's attention.

In recent days, in the well-known chain game Axie Infinity, the virtual land of the game was sold for a price of 2.3 million US dollars, equivalent to nearly 15 million yuan. What is even more exaggerated is that today, when the epidemic is raging, ordinary people in the Philippines rely on Axie to make money and live a decent life, even more than ordinary people earn more from their daily work.

Today, let's take a look at what is Chain Game and why does it make so much money? Chain Games is simply understood as blockchain games, also known as GameFi. Players can earn while playing in the game. The main concept is play to earn, which is P2E. made money. Let’s take a closer look at Chain Games from a technical level. The essence of the so-called blockchain game is to integrate the inherent decentralization, transparency, traceability and other characteristics of the blockchain into the game. The chain game uses a very important blockchain technology, which is the NFT non-fungible token. , This technology is very critical. It can monetize characters, props, resources, etc. in traditional games, and turn them into tradable digital assets, and this asset can be bought and sold freely. You can simply understand that NFT is a tradable number. Certificate of title. At this time, chain games are not like traditional games. Traditional games are highly centralized. Game developers have full control of the entire game. Players are more pure entertainment in traditional games, and the value of investment is compared. Low, no matter whether it is time or money invested, traditional games only exist as consumer goods, and the assets such as characters and props in the chain game not only belong to you personally, but you can also freely transfer, buy, sell, and trade without any People stop you from doing so.

NFT technology was first derived from the smart and contract ERC721 protocol of Ethereum. Ethereum has two very important smart contracts, one is the ERC20 protocol, which is an agreement to issue homogenized tokens, and the other is the E2C721 protocol, which is to issue Protocol for NFTs of non-fungible tokens. Homogenization tokens can be simply understood as tokens similar to Bitcoin, Ethereum, etc. The so-called homogenization means that one coin is the same as another coin, there is no difference, and random exchange does not affect the value, which is like reality Cash in life is homogenized. There is no difference in value between one dollar and another one. It is not a homogeneous token NFT. Each token, token is a token, and it is unique. , not replaceable. This property represents that NFTs are very suitable for determining the property rights of virtual assets.

NFT is a special kind of token that can be freely traded, which has greatly enhanced the financialization of the game. Therefore, the reason why the chain game is called GameFi is also because of the attributes of finance. GameFi means the financialization of games. In fact, it is more of financial gamification at present. Because the playability of chain games is generally low at the current stage, the reason why people play refining games is to play with his economic system. Therefore, it is still the stage of financial gamification for the time being. In the future, the game will become stronger and stronger. Only then can it be called the financialization of games. Having said so much, I believe that you have a deep understanding of what chain games are at the principle level, and naturally it is easy to understand why chain games can make money. Chain games are essentially traditional games plus NFT, and NFT is the thing that turns corruption into magic. Take Axie as an example, in Vietnam and the Philippines, many players have literally quit their jobs to play Axie every day and put in a few hours to live a better life. They earn SLP through games and convert them into cash to pay for living expenses. Axie has created more than 150,000 jobs in the Philippines, Venezuela and other places, with incomes even higher than before the spread of the epidemic. At present, the 24-hour transaction volume of Axie is around 20 million US dollars, and there are more than 2.5 million daily active players, and even elderly people up to 75 years old in some countries participate in it.

At this point, some viewers may have discovered that what value does the current chain game create for the real world? Why is such a large income generated, and what is the basis of these incomes? What exactly creates value?

"" public platform, unauthorized copying is strictly prohibited.