The blockchain industry is growing fast, and innovations are popping up everywhere you look. It’s easy to wonder what the next new thing on the market is and also worry about whether you can keep up with the constant changes.
Once regarded as a niche innovation, cryptocurrency has become a global phenomenon and is reshaping several industries, including the gaming sector.
The gaming sector has gone through several significant changes in recent years. One major change was the advent of console games. Another recent change is the rise of mobile games, driven by the widespread adoption of smartphones and app stores. The merger of GameFi and decentralized finance suggests that the industry may face even more interesting times.
GameFi gained significant traction and attention in 2020 due to the convergence between gaming and decentralized finance and it has quickly become a gamer favorite. This is because, aside from the immersive nature of GameFi projects and their mind-blowing graphics, gamers can also earn income from playing these games.
The economy’s nose dive has made people seek out more GameFi projects, leading to a crypto future filled with more advanced and intriguing GameFi projects.
One such project born from the intersection of gaming and decentralization is Navis War. Navis War, a game set to change the narrative of typical blockchain projects, is a GameFi + RWA project that seeks to revolutionize the blockchain industry by aiding its massive adoption.
Navis War leverages GameFi’s advantages and decentralized finance to build a project that meets gamers’ salient needs.
How Navis War Will Leverage on Decentralized Finance
Decentralized finance is simply a new model of carrying out financial transactions without the control or dictation of a middleman or a centralized authority, such as banks and other financial services that charge a fee for making these transactions possible.
Navis War leverages decentralized finance by taking advantage of its transparency, interoperability, non-custodial, staking, innovation, and flexibility to provide a timeless experience for its gamers.
- Transparency:
Transparency allows all transactions to be seen on the blockchain. The need for trust in a project like Navis War, where transactions are executed between gamers from different locations, cannot be overemphasized; gamers can be assured that the game is fair and not manipulated, as the integrity of the game cannot be compromised.
- Interoperability:
Decentralized finance is designed to work together, this enables users to interact with different services easily.
Navis War values gamers’ use of their NFTs across different games and platforms, as this increases the utility and value of these assets, creating a more engaging and cohesive gaming experience.
Interoperability makes it possible for GameFi projects to collaborate and integrate to offer gamers a richer and more enhanced gaming environment. This advantage feeds into the goals of Navis War — to build and grow a dynamic and innovative ecosystem.
- Non-Custodial:
Non-Custodial means, users have control of their assets without the need to entrust them to anyone else.
Decentralized finance makes it possible for players of Navis War to take complete control of their assets, reducing the risks of assets or funds being stolen due to security breaches.
- Staking:
Staking involves users locking their funds for a period of time to earn rewards.
With DeFi, Navis War can offer staking options for gamers to earn more money, which in turn enhances the stability of the Navis Wars ecosystem.
- Innovation and Flexibility:
DeFi is a rapidly evolving space with constant innovations. As this world evolves and new innovative ideas are born, Navis War can offer gamers exciting and thrilling experiences.
The integration of GameFi and DeFi has paved the way for a new era in the gaming world, offering players an engaging and immersive gaming experience and the opportunity to earn income.
By combining DeFi’s transparent, interoperable, and non-custodial nature with its unrivaled features, Navis stands at the forefront of this revolution. Navis War is redefining what it means to play video games and demonstrating the vast potential of the blockchain gaming industry.
As Navis War evolves, we invite you to join us on this journey. Follow us on all our social media: Twitter, Telegram, Discord and Instagram.
Want to introduce your family or friends to cryptocurrency? Read why Navis War is the best place to start.