The Rise of GameFi: How PolkaFantasy Game Will Fuel The NFT GameFi Market
The Origin of a Global-Scale Collaborative World
The way to think about Decentralized Gaming (DeGaming) is by looking back to the start and at the ongoing evolution of MMORPGs. This type of game genre allowed an entire network of people to create and play a character under one world. This world would be made purposely group interactive, providing incentive rewards from quest and raids, those of which undertaking by yourself simply wasn’t possible. The incentive rewards were often in the form of armor and weaponry, ones that would scale your strength and ability to venture to the next level of complex problem solving that was inherent to higher-level dungeons.
World Activity Promoted History and Internal Economics
Through this inter-dependency of others to prosper within the expansive world, a community full of shared past successes was formed, and consequently, an intricate global-scale culture was created. Along with this, an internal economy was soon to be further developed through users leveraging those collaborative trailblazing efforts to obtain the rarest of equipment for the purpose of being sold within the bustling inner workings of the Auction House. No game better represents the success of MMORPGs, and the associated culture and internalized economy formation, than World of Warcraft’s (WoW) swift rise to fame upon its release by Blizzard in 2004.
The Black Market in Response to Centralized Blockades
WoW was also unique in how it evolved; One of which was the underground monetization of created characters by users on the Blizzard network. The monetization of characters was an interesting development since Blizzard as a centralized agency strictly forbids profiting off the sale of any character, item, or even of the WoW in-game currency. As this company essentially made all components of the game objects their intellectual property, a fellow player couldn’t ever monetize their years or even decades of dedicated work within the WoW ecosystem.
Play Quality and Ecosystem Loyalty Should Be Rewarded
One could argue that DeGaming has the strongest part to play in these centralized injustices within MMORPGs. Being that this game genre has an inherent knack to promote long-term loyalty to play by the user, it would make sense that the expansive time one spends building their characters’ skills, develop in-game community networks, and gain overall competency in problem-solving the world landscape, should provide this user with the ability to capitalize on these attributes for purposes of monetization.
Bridging In-Game and In-World Finances
This is why we are creating the PolkaFantasy Game World: Starting out as the first Japanese-Themed NFT marketplace in the crypto-industry, we are actively developing a DeGame that will allow true financial earnings to be paired with the trailblazing efforts a user does within the actual game. Put simply, reward or developmental points in the game (items, skills, levels) that one earns in the game will no longer be exclusively the intellectual property of the game company, and instead, the world will be created in such a way to seamlessly allow the dynamic bridging between our world currency and established cryptocurrencies.
NFTs Holds the Key for In-Game User Monetization
PolkaFantasy will essentially encode each component of the game to be pegged as an NFT. That NFT’s ability to accurately and exclusively represent an object in this world will be backed by blockchain technology, and thereby allow ownership by users on the blockchain network. Since the community in a blockchain is decentralized, meaning countless users collectively validate the network, there is no centralized ownership of the created material. This means that every user has the right to expertise within the vast world of PolkaFantasy, build up community guilds, and strategically capitalize on the fruitful marketplace contained in the Capital City’s Auction House, and have all that work paid off for actual money.
The PolkaFantasy Ecosystem as a Whole
PolkaFantasy represents the new age of video gaming as a whole, where one can legitimately make an honest living solely from taking part in the world ecosystem and benefiting the vast community within. However, while we are finalizing the PolkaFantasy DeGame to ready its launch for Q4 of this year, our current NFT marketplace already holds a large deal of in-game utility for the video games of the future.
Our Expansive Guild Ranking Amongst the Masses
While the combination of maintaining a tier 1 NFT marketplace alongside the development of an online game with true internal monetization built into the gaming structure may seem all like a tall order for one company, we can assure you that our team reflects our ability to trailblaze forward with dedication and tact. To say we have an arsenal of expert game developers would be an understatement, as our team includes the ex-Chairman of SNK, the creator of King of Fighters, Metal Slug, and Samurai Shodown. And we have more amazing members who we will announce soon!
We are honoured to be the ones to provide to you the evolution of Decentralized Gaming and to allow all citizens around the globe the opportunity to network and battle within the PolkaFantasy world, and as a result, earn real-world income for their strategic efforts! To learn more about our underlying mission, look to our website.
PolkaFantasy is the BEST Japanese NFT cross-chain marketplace & multiverse game, built for NFT lovers by NFT enthusiasts. Inspired by Japanese Animation, Comics, and Games (ACG) culture, PolkaFantasy is an immersive platform to discover, create, trade, and interact with any digital collectibles.
Our goal goes beyond a breathtaking marketplace and truly gamified DeFi. PolkaFantasy is all about the BEST user experience. It is also a full-fledged game with unbelievable #GameFi and play-to-earn elements.
Let’s be our hero in this epic journey to explore the infinite potential of digital assets.
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