GameFi Corner: Key metrics to find successful play to earn, Sipher, Algorand and Aavegotchi
Dear fellow readers, in this edition we are going to keep track on the play to earn and metaverse trends, and reveal to you in which stage of development we are currently in and what are the fundamental criteria for becoming as beneficial as possible in the long-term.
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Our purpose is to elaborate relevant information in order for you to make better decisions on a daily basis. Despite of constant trends and new promising projects, we have thought it is necessary to share with you some key metrics in finding a rock-solid blockchain game.
First of all, it is suggested to start having an overall outlook on the general activity and engagement with gameFi related content.
There are 3 steps that will help us track the popularity of the mentioned games
Number of users on the protocol
Transactions per capita
Transaction volume per capita
The overall daily volume and fundraising amounts have also been going upwards, meaning that both transactions per capita and transaction volume per capita have directly been impacted in a positive way.
The Ziliqa lesson for metaverse followers
Once we witness a major innovation around the corner, it is imminent that the blockchain who provided originals initiatives are the ones who will face a sudden increase in the price.
This time it happened with Ziliqa’s Metapolis, a new Metaverse as a Service (MaaS). With this model, businesses build and strengthen their presence in a 3D virtual environment in order to enable cooperation, corporate operations, investments, cryptocurrency, and other associated use cases.
Importantly, MaaS will not assist businesses in creating their own Metaverse analogues to compete with Decentraland or Roblox, but rather will allow businesses to benefit from current Metaverse infrastructure.
The lesson from this sudden pump, is to keep following for blockchains with amazing potentials but that still have not reached yet the full potential in terms of marketing, leaving them usually unheard or neglected by the crowd. This is what GameFi Corner is trying to do and deliver useful play to earn features that are essential for future prosperity.
Sipher
With the gameFi volume increasing it is time to have a close look for a play to earn that are seriously committed in delivering the best in-game experience with a smooth blockchain technology and all integrated features in one place.
Therefore, we have felt that Sipher is capable of doing that. First of all, the marketplace is directly within the game, which means that users do not need to exit the marketplace in order to purchase in-game items.
Secondly, Sipher focuses on the possibility to bridge NFTs to the general gaming population, with benefits applying such as true ownership.
Sipher plans to do so by taking action and execute marketing efforts to ensure that the benefits of NFTs are communicated and explained to traditional gamers.
Finally, this play to earn has an attractive hybrid monetization system. This means that developers and earners are never in direct competition.
Users will be able to build a variety of weapons and armors, which they can then sell to other players who want a boost or don't want to spend as much time grinding. Earners will be able to specialize in niches (or sub-markets) within the broader market using this approach. For example, they may concentrate their production efforts on high-demand products such as early-game gear, stamina refill formulas, and so on.
Algorand placing its efforts in gaming
Here is another competitive blockchain going to great lengths in building great gameFi titles. Many updates have been occurring as well as new gaming launches have been scheduled. Here is our outlook in the most anticipated play to earn using the Algo blockchain.
GoDrones - That is one of the first games users have been interacting with. GoDrones has taken very well into account of characteristics that indirectly benefit the game.
One of the examples include its fully fledged Discord server with the innovative Discord bot system. In addition, the play to earn has recently gone through the 2.0 update, including the new GoDrones shop where players can trade GoCharges earned in the game and win potential prizes.
Cosmic Champs is next up from the list. After just a few mentions of this game, things are going to change soon due to recent updates. They have made some changes in branding and marketing, which are essential for gaining more attention within the community. Moreover, their new white paper is going to be released next week.
Aavegotchi - New NFT gaming metaverse
An important release is here on our way throughout the metaverse journey. Aavegotchi is planning to introduce the Gotchiverse on the 31st of March. The NFT themes that Aavegotchi users possess are deemed to be truly authentic, inspired by the early 2000s Tamagotchi characters.
Some great aspect making this metaverse worth a try is the fact that it is an open-world game, meaning that players can explore and approach objectives more freely. Secondly, it is deployed on the Polygon chain, providing a smooth gameplay thanks to many transactions per second and low fees the blockchain offers.
Another cool standout feature is the ability to earn their in-game token $ALCHEMICA even without owning an Aavegotchi. This can be done through their lending protocol system.
Additional information
Meta 2032 - Challenges of the metaverse during the next decade
Gamerse - Social aggregator marketplace
Ultiverse - Additional $5 million investment
Cyball - Raises $1,8 million to create new football themed P2E game
Synesis One - Playable graphic novel
Dr.Disrespect - Gaming studio with AAA team and Gaming NFTs
Ascenders - Free to Play demo with a $1 million AGC price pool