AMA Session with Alex from GameFi Protocol
Guest: Alex, CAO (Chief Architecture Officer) of GameFi rotocol
Alex: I’m Alex, CAO (Chief Architecture Officer) of GameFi protocol.
Doctor of economics, former investment director of an asset management company and senior executive of a listed company. I’ve rich experience in blockchain, financial investment and project management
Questions about the project:
Miranda: What is GameFi? Can you share with us more in detail?
Alex: GameFi Protocol aims to become the「Steam」of the GameFi metaverse ecosystem. It can not only increase the capital utilization rate but also attract more users to join GameFi.
GameFi Protocol is committed to becoming a GameFi platform, where users can play any games on the platform, and game developers can launch new games. Different from traditional GameFi projects, GameFi Protocol only focuses on phenomenal games with high playability, and provides its business partners, especially game developers, with a one-stop service such as blockchain technology, game asset NFTization, tokenomics design, community promotion, and other launching and compliance services.
Miranda: Can you tell us the role of GFI in GameFi and its tokenomics?
Alex: GFI is the driving force behind the GameFi Protocol ecosystem;
1.GFI can be staked in GSWAP to get GFI token rewards;
2.GFI can be used to purchase NFT products as well as GPST or MPST in GSWAP, and participate in trading, farming, and launchpools;
3.Users can invest GFI, Forth, ETH, USDT or other tokens in different pools within GMiner to obtain GFI and Game/DeFi tokens;
4.Users can use GFI to buy Lottery/Grab bag, and get bonus after winning;
5.GFI will also be used to reward GameFi explorers, GameFi game guilds, code contributors, and bug bounty providers;
6.Users who participate in NFT transactions will receive GFI rewards.
Of course, GFI is also an important tool for GameFi Protocol community governance.
The team only gets 9% of the total tokens, and the team tokens are released in 24 months after the project list 6 months. About 68% of the tokens are generated by mining.
GFI mainly achieves deflation through repurchase and burning, which have the following sources:
- GMiner fund’s participation in the income of Game/DeFi projects
- GSWAP Tx fees
- Lottery/Grab bag revenue
- Game List（IGO）income
In general, the holding value of GFI lies in the fixed amount, continuous repurchase and a wide range of application scenarios.
Miranda: Are there any exciting news or updates with regards to GameFi that you would like to share with the users?
Alex: Of course!
MeowBox, the first game incubated on GameFi Protocol, is set to launch the mystery box pre-sale on Binance NFT marketplace on December 6. The 45,000 mystery boxes sold by then contain mining NFTs, which are the earliest NFTs in the game.
Miranda: Alex can you tell us what kind of game is Meow box, and what stage of development is it now?
Alex: Meow Box is a BSC-based AFK (away from keyboard) game that provides users with simulating game experience.
Here, you, a cat fan, will play the role of a owner of a cattery:
- Recruit a variety of sales clerks.
- Collect a variety of cute kittens.
- Breed a new generation of kittens.
Upgrade your store to attract more customers and recruit more cats.
When you obtain mutant cats, congratulations, you obtain the one-of-a-kind SSS NFT. You can play the game, stake the mutant cat NFT to mine and consume GFI at the same time.
Now, the game is now under intensive development.
Miranda: What are GameFi’s unique selling points as compared to other similar projects in the industry?
Alex: We believe one thing is very important for blockchain games to stand out, that is tokenomic. A well-designed tokenomic can not only promote the game in the marketplace, but also ensure the profitability of users. Therefore, when we design the tokenomics, we learn from top game projects such as BNX and AXS.
Besides, GameFi Protocol has gathered the best team. Our team has rich experience in game development and project operation, with strong execution. As a Gamfei aggregation platform, we will authorize many high-quality games to launch(IGO) on the platform. So the games launched on our platform are not only high profitable games, but also games with high playability.
We have received strong support from several listed game companies and will jointly launch the popular gamefi.
Investment institutions and industrial capital provide sufficient funds for project development.There is no doubt it can secure a place in the market.
Q1: Where i can get all the latest news about ? Do you have Twitter/Telegram/Discord community? If yes can you share the link here because there is a lot of fake telegram/twitter groups?
Alex: Thank you for your question.
Here are the links.
TG Global Group: https://t.me/GamefiProtocol
You can follow us in our social media accounts for the latest updates.
Q2: Do you have a whitepaper? if yes please share it with us and secondly are you working to AUDIT your project, to make its security more secure and reliable?
Alex: You can check the whitepaper here：
Our project has passed certik’s audit.
We will also set up a Risk Protection Fund to cope with emergencies.
And we have also established a developer alliance: developers who participate in the GameFi protocol ecosystem-GameFi explorers, GameFi professional players, code contributors, bug miners, etc. The main purpose of the GameFi Protocol Bug Bounty program is to prevent the loss of user funds by focusing on smart contracts, websites and applications.
Q3: What’s your main focus right now, are you focused on the community or market/Exchange or the products?
Alex: These three elements are very crucial for every project, but the community play the biggest part of our project as the future and the planning will be determined by the players and the community.
MEXC trading: https://t.me/MEXCTradeofficial