The chain game project is hot, is it a vent or a bubble?

GameFi is currently the biggest outlet in the entire crypto market, and it has become the most concerned track by the current market and capital. According to the data on My Token, there are now more than 100 projects in the GameFi concept section, with a total market value of more than 100 billion yuan. The most striking of these is Axie infinity. In August last year, the number of daily active users has reached more than 1 million. As of August 25, his cumulative transaction volume has reached 1.62 billion US dollars. The success of Axie is mainly due to play to earn, which is a mode of making money while playing games. In the blockchain application without borders, this method of making money through games has become a lot of users using blockchain applications to make money. A way to make money has also made Axie one of the most successful products in the GameFi field.

Axie detonated the entire blockchain game market and promoted the rapid development of GameFi in the entire chain game sector, and Axie has also become a giant in the entire DAPP field. Then there are still many projects running into the market. Under the fiery appearance of GameFi, are there other things worth digging into? Is GameFi a vent or a bubble? Let's first look at the concept of GameFi. The concept of GameFi can basically be summarized as an equation. GameFi is equal to DeFi plus NFT plus games. This is also a consensus of everyone at present.

The emergence of GameFi, thanks to the maturity of DeFi and NFT technology products, NFT introduces differentiated assets based on scarcity for DeFi, and DeFi gives NFT the value of commercialization through financial means. As for the game, it is the shell of GameFi, and the combination of the three brings a whole new life to the game on the chain. However, the new GameFi created by the collision of DeFi and NFT is still a game of capital at the current stage. GameFi still faces many challenges, such as the simple and rough game mode, and the economic model is still being perfected. In addition, the price of game tokens has skyrocketed and plummeted, which is also likely to have a relatively large impact on the value and development of the project. After all, if a game wants to attract more players, it should focus on the playability, sense of achievement, and competition of the game. Elements and other game experiences, not just because of the temptation of money, you can't just play a game for the sake of making money, otherwise it will become a game of drumming and passing flowers. When the wind blows, it will return to the original immediately, and the last player to get on the bus will return to the original. will suffer heavy losses.

But it is undeniable that GameFi mode is currently the best solution to achieve game startup and promote game asset transactions. Although the emerging GameFi is full of speculation, this new blockchain plus game mode also gives a game more room for imagination.

At present, the oil refining on the GameFi track is still worth ambush. When the hot spot comes, the ratio of investment and return is huge, so whether it is a chain game or the original universe, including NFT, it is because of the continuous promotion of the heat. It is the home of NFTs, so it is very important to keep up with market hotspots.

This article was originally published on the "MetaFarm" public platform, so stay tuned for more in-depth interpretations of the Metaverse.