How game developers are going to benefit from gamefi protocol

The gaming industry has known a significant growth in the entertainment sector especially in the wake of the pandemic era, where most people were made to sit at home and others working from home, a lot other lost their jobs and one of the ways to avoid depression was to embrace gaming. This led more people to the Gamefi.

What is the Gamefi

The Play to Earn model was born with the popularity of Axie Infinity which allowed gamers to Earn digital assets known NFTs which can be exchanged for real money. The Play To Earn model for linked games is an important shift in the gaming world, as traditional in-game asset transactions are confined To the game ecosystem, this means that players have to trade or sell their digital assets within the platform.
This model made the Gamefi and generally the gaming industry to witness a steady growth pattern with almost 3 billion gamers globally.

Challenges facing game developers

However this was not the case, as most early projects didn’t offer game developers the model to sustain their games and a large number of users remain concentrated in just a few leading Gamefi projects. Other emerging projects could only gain short-term users by seducing them through the promise of high returns. This model was unhealthy for the sustainability of these projects. This is where GamefiProtocol steps in.

What is the Gamefi Protocol

How does gamefi protocol help game developers

Furthermore, the GameFi Protocol encourages outstanding GameFi teams to launch GameFi projects with high playability and reasonable tokenomics on Gamelist and decides whether to put them online through GDAO (Decentralized self-regulatory organization) voting. With all this factors considered, game developers can launch their games on the platform that provides a full range of services to partnered game developers on blockchain technology, the NFTization of game assets, tokenomics, community promotion, game promotion and compliance services. Infact it provides game developers with a platform with enduring vitality.

Conclusion

To find out more about GameFi Protocol visit

Twitter: https://twitter.com/GamefiProtocol
Medium: https://medium.com/@gamefiprotocol1
Facebook: https://www.facebook.com/GamefiProtocol/
TG Channel:https://t.me/GamefiProtocol_Announcement
TG Global Group: https://t.me/GamefiProtocol
Gitbook: https://gamefi-protocol.gitbook.io/gamefi-protocol

Discord: https://discord.com/invite/6zH8Xjnv5F

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EMMANUEL COSMAS

Disciplined | Focused | Technical Writer | Tech. Advocate | Crypto project ambassador