The dawn of COVID-19 ensured the upsurge of an already booming industry- Games and entertainment. Video games and entertainment, in general, have become an essential part of everyone’s lives. The gaming industry, for a fact, has a fast-growing market worth billions worldwide. Initially, games were of two types, Pay-to-Play and Free-to-Play. A third model arose thanks to blockchain technology called Play-2-Earn (P2E) games.
Being a front runner in the adoption of blockchain technology, the launch of Play-to-Earn games has been a tremendous success due to the potential it offers to its users — earning a living by playing games.
However, in spite of this humongous victory, the P2E industry is still struggling to etch its name as the most lucrative industry. The reason being the lack of structured marketplaces where game developers and gamers can be benefited in an unbiased manner. The general public is stripped of their access to the right information that is required to make a calculated decision.
In comes a hero, “Gamepay”
Just when the future of games in Web 3.0 has started to look bleak, along comes a multi-chain gaming platform, Gamepay, which is here to redefine the ways in which games operate. Gamepay is here to simplify the transition of games and gamers from Web 2.0 to Web 3.0.
Gamepay’s Exclusive Services
Gamepay has a lot in store for its Gamers and game developers.
In terms of game developers, Gamepay offers web 2.0 games a seamless launch into web 3.0 while providing the blueprint to construct their own breeding system for their games.
For its Gamers, Gamepay offers an exclusive marketplace to buy, and sell in-game assets in the form of NFTs with a 10% of the sale price as a royalty ensuring premier ownership rights. Adding to this, it also has an NFT lending feature, enabling rentable NFTs, thereby increasing the earning possibilities of its users. It is also to be noted that these NFTs aren’t bound to a single game to ensure unbiased swapping of NFTs. Gamepay also provides a guild platform where players can reach out for information regarding games or efficient ways to earn in-game without financial restrictions. Fascinating, right?
How is Gamepay different?
The P2E business model has been the fastest growing space in the gaming industry. P2E games provide an additional benefit of rewarding players with tokens and unlockables. These tokens and unlockables have real-world value and can be traded , sold , bought, or lent in the marketplace to other players for a financial incentive!
There are now many P2E games in the crypto market, so it is not easy to find the right one to suit the players’ tastes.
Imagine a platform where game developers and gaming companies can publish their games on Web 3.0. A single platform where you can find all the P2E games!
Wouldn’t it solve the issue of abundance with a lack of information to choose from?
Gamepay offers a solution by listing hundreds of games on one platform. Not just listing, but also providing a detailed description of each game and reviews from social media.
Better still Gamepay’s marketplace shall house all the characters in the games, and game related assets, thereby making it available to all, meaning you don’t need to own crypto to own the assets.
Gamepay shall allow you to purchase these assets via credit card, bank deposit and crypto wallets as well. Thanks to Gamepay the entire system is simplified and is made accessible for everyone.
Above all, Gamepay will offer game makers the opportunity to market their game through its platform. Thereby game makers can become part of the Gamepay Metaverse, where multiple games will be available with the SILK token (Gamepay’s Token) as the common medium of exchange. Gamepay’s NFT SWAP feature is one of the highlights, as it’ll allow players to swap their NFT assets from one game to another within the platform.
A borderless universe for NFTs? Cool right?
What do we offer?
As mentioned earlier, the primary focus is to simplify the process of transacting in the marketplace and an efficient way to play P2E games. While the marketplace and an in-game NFT are on the horizon there are many features provided by Gamepay as a whole. Following highlights our important features:
Game Launchpad
Game Developers/Companies can submit their games to our platform. These games will then be turned into Play-2-Earn games for gamers to earn while they are having fun in the games. We also provide community exposure within the Gamepay platform. Since there will be gamers from multiple game genres, there is a wide availability of different games. Details are provided for each game, and social media reviews are also provided to get a better grasp of the game. Think of it like a Play Store App but on the marketplace.
NFT Marketplace
Gamepay provides a marketplace for our consumers to list their game-related NFTs. These NFTs can be as characters, art, music, etc.
Gamers can choose to buy these NFTs they stumble upon in games. Transactions in the marketplace can be done using either Tokens earned in the game or a credit card. Our marketplace also provides a platform for fellow gamers to sell or resell NFTs they own in their wallet.
NFT Breeding
As simplification is key, we at Gamepay provide the blueprint for game developers/companies. These blueprints are provided to create their own breeding system for their games.
The breeding blueprint can be used by incorporating their in-game assets. After assessing the overall flow of the breeding, they can proceed to implement accordingly. This way an efficient system is established for creators as well as for users on our platforms.
NFT Lending
We provide the platform to allow Gamers or Stakers to submit their “Rentable NFTs” in our platform. NFT can be rented out to fellow Gamers who would like to try the game for free. Guilds can lend resources to the player to play or advance in the game. The earnings can be split between both the guild as well as the player.
This way they can play the game and also earn a certain percentage of the earnings. Gamepay would also manage the activity of these rented NFTs. This is to ensure efficient earnings for both Gamers and Stakers while the rent is active.
NFT Swapping
Gamers can switch to another game or the latest trending game on our platform. By swapping their current game NFTs with the other game NFTs with the same value if the other game permits this type of token.
This allows gamers to move their assets within our platform from one game to another, without having to leave or move their wallet to another chain.
Truly Own Your Assets
We award users full ownership and commercialization rights to the NFTs they mint, i.e. they can earn royalties. Each time an NFT creation is sold in our marketplace, the original owner receives 10% of the sale price as a royalty. NFT royalties are automatic payouts to the creator on secondary sales.
These are encoded into the smart contract on the blockchain. Smart contracts are digitally run programmes that run when conditions are met. Smart contracts sustain in the blockchain.
So each time a secondary sale occurs, the smart contract ensures that the terms of the NFT are fulfilled. Creators can choose to allow these assets to be part of games in our platform for community exposure.
Guild Community Interaction:
Many P2E games are launched with many chains nowadays. So there is difficulty in finding which is most profitable and which game has better gameplay.
Gamepay provides a Guild platform where players can reach out for information. Enquiries can be regarding games or efficient ways to earn in game without financial restrictions. As mentioned earlier, guilds can also lend resources for those with lower income groups and help them to advance themselves and earn a sustainable income.
Who can benefit from our ecosystem?
While people who are very educated in the world of crypto have prior knowledge , Gamepay’s ecosystem is for the common people. The information about Gamepay, NFTs and P2E games should be accessible to everyone.
- Game developers/Gaming companies: Gamepay platform allows publishing unlimited games and NFT collections. Game developers/companies can submit their games and once it’s listed on the platform, gamers can play and earn tokens. Gaming Companies will be able to submit their NFT collections with game utilities. Once it’s listed on the platform, gamers can purchase and use them in the games the NFT is associated with. This allows them to reach a larger community to sell their game related NFT collections.
- Gamers: Gamers can swap the NFTs across various games on our platform enabling a universal portal of gaming utility. NFT Swap allows users to bring an asset from another game to exchange for the same price value. Gamepay is a platform where players can access multiple games in a single space and have more fun with the opportunity to earn more than ever before.
- Guilds: Gamepay provides a platform for the Guilds to build a qualified game scholars community. This is to offer scholarships for players to start the game without financial constraints. This is the benefit of using the option of borrowing high yield NFTs and both parties earning a significant amount.
Why choose Gamepay?
At Gamepay, simplification is prioritized. You do not want to spend time reading the terms and conditions right? The same goes for the complex procedures for operating in the marketplace. It is broken down into simple steps for users to explore the marketplace and transact on P2E games as well.
Gamepay allows its users to create, own, and swap NFTs across multiple games! NFTs have a better retain value and potentially can continue to exist if the player wants to explore other games or when a game reaches the end. Imagine a Chiky NFT from our game Chickey Chik being on another game as a character! The retained value of that NFT will increase just as an NFT itself. Meaning the character might not be playable if the other game shuts down but the rarity of the NFT will increase the value!
It has become a growing trend that companies inorganically grow their communities to hold a staggering number of followers. However, Gamepay stands apart and is determined to blend with the community through its efforts of making a difference. It aims at winning the hearts and minds of the masses with the possibilities it provides and the barriers it helps to overcome with regard to gaming in Web 3.0.
Thanks to this vision, Gamepay has a massive community of gamers who are active and eagerly waiting to be a part of Gamepay’s gaming community.
Stand by and watch out for these exciting new opportunities by Gamepay.
