🎮About Gamefi

Source

As we all know, online games have always been one of the most important channels for drainage and realization in the internet industry. GameFi refers to presenting decentralized financial products in the form of games, gamifying the rules of DeFi and NFT the game item derivatives. One of the most notable features is that users' assets become visualized resources or characters in DeFi games, and users can earn profits or rewards while participating in the game process. We believe that in the future, user data assets in Web3.0 will be presented in the form of games or game resources, which will also attract more users who have not yet been exposed to the concept of Web3.0 to join in the form of games.

GameFi 1.0

Many users have found that early GameFi did not provide a good sense of experience, as the games did not have good gameplay or social features and relied solely on capital operations, leading to value collapse at certain times. Many teams have realized this and are exploring new forms of GameFi operation, such as focusing on gameplay, social features, or other content.

Our GameFi

In the beta version of "World of Fairy", we will not focus too much on the fun of the game, but instead return to the core concept of Web3.0 and DAO to solve the problems between traditional companies and users. We will not provide a relatively complete product for users to experience and take away the value generated by users like in Web2.0, but instead build and develop this internet world according to the ideas of users. In the process of development, blockchain technology will be used to constrain the distribution of interests between the company team and users, which will all be recorded on the blockchain and cannot be tampered with. To achieve this, we need to establish a set of sustainable rules for the operation of the internet world economy, continuously build the basic framework of this world, and improve the distribution plan of interests among the company team, users, and investors, in order to make more people recognize and participate in this great internet reform of Web3. When enough users experience the benefits of Web3 through "Elf World", we will explore different operating modes of this world to meet the needs of more people and achieve true value. And this value does not belong solely to the company team, but to every person participating in "Elf World"!