GEMS in Focus: GameFi
It’s GameFi week! The penultimate “GEMS in Focus” topic plays a crucial role in our identity. GameFi is the gamification of financial systems in order to make a profit. For example, in comparison to a traditional gaming tournament where you can walk away with consoles, a sponsorship, a year supply of Doritos etc. these GameFi-ers make bank! $$$
The Play-to-earn concept has done a complete 180 on the gaming industry. When you consider that the overall market capitalization of GameFi at the moment is $26 681 512 422.99, which represents 55% of the blockchain’s usage you can get a handle on its great effect. Attracting millions to the blockchain, P2E has become one of the main drivers behind the industry’s massive growth, representative of the fact that crypto gaming is at an all-time high. “Over 75% of online gamers wanted to exchange their virtual assets for a currency that would be used across multiple platforms.” — from a report published by the Worldwide Asset exchange.
We painted a pretty epic picture, now this is what GEMS brings to the table…
👉 GEMS is the final word of GameFi. Its main components are based on the topic at hand.
💎 NFT Rental, DeFi Union- We are launching a new ecosystem that will introduce multiple payment models, loans and staking, making expensive NFTs available for everyone. DeFi solutions include rentals, listing, and presales.
💎 FanFi Studio- This is our comprehensive program designed to educate and train aspiring gamers and influencers. Our approach includes a training program, talent agency, streamers hub, token system, and battle pools. Enthusiasts will glow up into developed influencers and streamers. GEMS will dedicate 10% to its FanFi studio.
💎 DAO GUILD- The purpose of the guild is to empower the play-to-earn community by offering gamers the opportunity to become guild trainers, team up with others, and create an in-game community. Guild members will be able to make proposals, vote on the organization’s direction, learn from game trainers, and borrow NFTs from the community.
💎 P2E Arena- We are increasing the ways GameFi-ers can gather and compete in real life with our arenas and Esports hotels- offline venues that host talent (hotels) and GameFi tournaments. Our first goal is to own 50 of these offline touch points by the end of 2024. This is what makes us Online 2 Offline.
It’s pretty clear GameFi is a major part of who we are. In fact, it’s even embedded into our mission statement- we are GEMS, here to make GameFi into the next Esports! GAME ON!
GEMS stands for GameFi, Esports, Metaverse and SocialFi.
Proudly presenting Esports 3.0, GEMS is an Esports 3.0 Aggregator Platform within a unique O2O (online-to-offline) Ecosystem. Our one-of-a-kind ecosystem is designed to be the ultimate, one-stop GameFi destination, allowing crypto and Esports gamers to learn, connect, and immerse themselves in different metaverses and GameFi worlds via online and offline touchpoints.
Join the party👇