Introducing Elfin Kingdom Arcade
With the successful launch of the Open Beta Testing version of Elfin Kingdom, our ecosystem continues to grow strong with the introduction of the Elfin Kingdom Arcade. As a gaming platform and hub, Elfin Kingdom Arcade will support traditional and crypto mini-games to be developed in the Elfin Kingdom ecosystem, and provide a launchpad for the tokens and NFTs of different creators through the Elfin Kingdom Farm through IFOs (Initial Farm Offerings).
We will also support IP lending and in-game creation for selected games after a vetting process, to increase their utility in our ecosystem. Our vision is to create a Web3 amusement park like Disneyland or Universal Studios where everybody can enjoy playing with their favorite characters.
This long-awaited platform upgrade will raise our community to a new level. Now users will have the opportunity to interact with other games, participate in IFOs and continue enjoying our main game all on the same platform. These benefits not only apply to the users but also to the games that launch and develop on our platform. Each game will be able to reach new audiences and other game creators. Additionally, traditional games that want to enter the crypto market will be able to do so through our platform, bringing to users a new range of games to explore.
Elfin Kingdom a Game Aggregator Platform
Game aggregation is a great way for game developers to increase the scale and scope of distribution. With this in mind, we want to encourage and allow all developers, studios, and players to be part of this new concept. Expanding our platform towards new horizons. This expansion will bring a whole new ecosystem into our game, that will be exclusive to members of the Elfin Kingdom community. The new games will also offer something unique and exciting, to catch the attention of players and other communities.
In Elfin Kingdom we will curate a portfolio of entertaining, innovative, and unique games that complement our own in-house developed titles. Through this vetting process, we will ensure that users have access to high-quality games with minimum risk just by holding $ELFIN.
By investing in $ELFIN users will have access not only to our Open Beta Testing version but also to this new and improved platform.
NFT Collaborations and IP Lending
With the blooming NFT marketplace in the last year, NFT communities want and need improved liquidity and use cases. By partnering up with bluechip, upcoming games, NFT brands, and collections, to release collectible and playable NFTs, we provide these use cases entertainment and liquidity. Developers or individuals are even eligible to apply for the Elfin IP authorization in their games with a profit-sharing model. Elfin Kingdom will support the lease and shared use of Elfin’s IP for selected games that have submitted their applications, with a fee charged in $ELFIN. Making our token an overarching currency that will go beyond our kingdom and expand to new spaces.
Minigames
We have all been addicted to a game at some point in time. Probably many of you spent part of your childhood playing Nintendo’s Mario Party, where at the end of each round all the players join in a minigame to battle for coins. You can also find tons of addictive simple games in any app store for mobile phones. Among the most popular we currently have candy crush, flappy birds, and 2048.
In 2020 the average time spent on mobile apps was four hours and 48 minutes, and that time keeps increasing. All this time spent and no revenue in return is not an ideal situation. Imagine people could spend that time playing and distracting themselves and at the same time earning rewards that can be cashed into the real world, or in our case, into crypto.
Users will be able to access a variety of Mini-games to play from and enjoy their time in the Kingdom. Users can purchase tickets with BNB or $ELFIN to play games and get rewarded with Catchers or $KING. Our mission in the Elfin Kingdom is to create a safe space where players and users can spend their spare time, play, and earn. As a game aggregator, we will allow other game studios and NFT creators to develop minigames on our platform. Exposing our community to new experiences, as well as new sources of income.
In Elfin Kingdom we want to become the next virtual amusement park for Web3 natives. A place where $ELFIN holders can enjoy spending their time playing and earning. Who wouldn’t enjoy playing all day and filling your day with fun and excitement while earning?
IFOs
The collaboration with other gaming and NFT platforms creates several options for profit-sharing models. Initial Farm Offerings (IFOs) are a great opportunity for other projects to raise funds through our platform. An IFO is a fundraising model that helps new DeFi projects raise capital by participating in pre-sales events hosted after stern project vetting by decentralized exchanges. (Extracted from: Alexandria — CoinMarketCap).
Through IFOs, Elfin Kingdom provides a launchpad for studios, developers, and gaming companies. $ELFIN holders will be able to use the $ELFIN they earn to fund projects and games they love, and even discover and support new games that otherwise they wouldn’t have access to.
In Elfin Kingdom we want to become a place where all of us crypto lovers can spend the day playing and earning at the same time.
About Elfin Kingdom
Elfin Kingdom is a GameFi project merging decentralized finance yield farming and non-fungible tokens with gamified elements in a play-to-earn platform that lets users collect, battle, and farm to earn more with their crypto.
In Elfin Kingdom, players choose their own roles and decide how to take advantage of all the provided opportunities. Through a built-in banking system, every role can maximize its earnings with a clever strategy.
As a gaming platform and hub, Elfin Kingdom Arcade will support traditional and crypto minigames to be onboarded to Elfin Kingdom ecosystem, and provide a launchpad for their tokens and NFTs through Elfin Kingdom Farm by IFOs (Initial Farm Offerings).
