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Creating a win-win situation for chain game players! The Guting Blockchain Game Guild is recruiting video game experts to maximize profits while playing.

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Creating a win-win situation for chain game players! The Guting Blockchain Game Guild is recruiting video game experts to maximize profits while playing.

In recent months, the blockchain gaming sector has witnessed many exciting developments, indicating that "gamified finance" (GameFi) and "play-to-earn" have captured the public's attention, becoming topics of everyday conversation and accessible forms of entertainment and investment.

The popular blockchain game "Axie Infinity" generated total revenue of $334 million in July 2021, surpassing the $231 million revenue of the traditional mobile game "Honor of Kings," making it the highest-grossing game globally. South Korean game company Wemade introduced the blockchain-enabled game "Legend 4," leading to a nearly tenfold increase in its stock price, setting a new milestone in the South Korean traditional gaming industry. Game developers WolfFun and Vietnamese game company KardiaChain jointly launched the blockchain game "Thetan Arena," which achieved over 500,000 downloads within a day and topped the charts in many countries' App Stores, with the current player base surpassing 3 million. Well-known sports brand Adidas, following Nike's lead, also entered the "metaverse" realm by purchasing $1.78 million worth of NFT land in the blockchain game "The Sandbox," signaling the potential for more brands to join this new frontier of the metaverse and blockchain gaming.

From these enticing developments, it is evident that GameFi has entered a trend of mass adoption. Compared to the current state of traditional gaming, the prospects of play-to-earn and gamified finance investments present more astonishing expansiveness.

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A Win-Win Situation: New Profit Channels for Game Developers, True Ownership of Game Assets by Players

The biggest difference between blockchain games and traditional games lies in "player rights." In traditional games, assets such as game characters and items essentially belong to the game operators. However, the assets in blockchain games are fundamentally different because they are based on blockchain technology. Through clear contract terms and NFTs as proof of consensus, players can actually own the assets in the game. They possess decentralized, transparent, and recordable characteristics. This means that in blockchain games, the assets do not belong to the game operators. The ownership clearly belongs to the players and cannot be altered. Players have control over their assets and can engage in trading activities on public platforms.

The concept of "play-to-earn" in blockchain games is highly attractive to players because they can earn NFTs and cryptocurrency through game mechanics and processes, which can be traded and cashed out in public markets. For players, they can earn substantial real rewards through the game. For game developers, they can plan to sell rare or limited NFTs, creating new profit channels. It can be seen that blockchain games are reshaping a new paradigm in the gaming industry and gradually nurturing interesting new economic systems among players.

Mission as a Trend: The Existence of Guilds Accelerates the GameFi Movement

The recent GameFi craze in the past few months has driven the rise of cryptocurrencies and given real meaning to NFT assets in games. These phenomena have also contributed to the growth of new financial ecosystems and industry chains. The high demand for blockchain games has led to a surge in Gas Fees and a rapid increase in NFT prices, raising the entry barriers for players and causing some to hesitate. However, with the assistance of decentralized autonomous organization blockchain game guilds, players are provided with "Scholarships" to address the initial financial investment issue. By lending NFT assets to players, players and guilds can earn profits from the game together. This harmonious and mutually beneficial operating mechanism encourages more players to join, making guilds an important driver in accelerating the GameFi trend.

Yield Guild Games, known as YGG, is a globally renowned blockchain game guild. In addition to offering "Scholarships," YGG actively explores promising blockchain games such as "Axie Infinity," "League of Kingdoms," and "The Sandbox," deepening cooperation and accelerating discussions and dissemination within the blockchain gaming community.

In Taiwan, a similar decentralized autonomous organization blockchain game guild called "Gutin Gaming Guild" is rapidly emerging. Besides offering "Scholarships," Gutin Gaming Guild collects a wide range of the latest information on blockchain games, providing a pioneer research channel for those interested in GameFi topics, NFT games, and Play-to-Earn concepts. The guild actively evaluates and plays various high-potential and newly launched blockchain games, sharing valuable insights and game strategies with members in Discord, aligning the lives of individuals with the world of blockchain games, which is the mission of Gutin Gaming Guild. Moreover, the guild carefully selects several blockchain games that are currently the focus of attention, offering a starting point for novice players who are unsure where to begin with blockchain games or for those seeking a comprehensive guide. Interested individuals can gain in-depth information by joining the Gutin Gaming Guild's Discord https://discord.gg/KF7FwgYgdK.