๐บWhy Being Multi-Chain is So important๐บ
As you know, we at Earn.Games pride ourselves on being a multi-chain gaming platform, but why exactly did we choose this path?
๐Currently, the most popular blockchain is #Ethereum, however, its high gas fees got users searching for alternatives, which means being multi-chain is perhaps more important than ever, as people are drifting away from having to choose only one blockchain to build on and leaning towards the value provided by a multichain #platform where they can operate regardless of blockchain.
Multi-Chain benefits include:
๐ฎWider gamer outreach
Support by multiple public chains increases the outreach to as many gamers out there as possible!
๐ฎIntegrated ecosystem
There is already a range of services available in each #blockchain ecosystem that existing users have access to and use. For example, SPL or BSC users wonโt have to create another wallet to play games within the Earn.Games #ecosystem!๐
As you know, we at Earn.Games pride ourselves on being a multi-chain gaming platform, but why exactly did we choose this path?
๐Currently, the most popular blockchain is #Ethereum, however, its high gas fees got users searching for alternatives, which means being multi-chain is perhaps more important than ever, as people are drifting away from having to choose only one blockchain to build on and leaning towards the value provided by a multichain #platform where they can operate regardless of blockchain.
Multi-Chain benefits include:
๐ฎWider gamer outreach
Support by multiple public chains increases the outreach to as many gamers out there as possible!
๐ฎIntegrated ecosystem
There is already a range of services available in each #blockchain ecosystem that existing users have access to and use. For example, SPL or BSC users wonโt have to create another wallet to play games within the Earn.Games #ecosystem!๐
๐ก๏ธWhy Decentralization Mattersโ
Decentralization is not a novel idea. When developing a technological solution, there are a total of three network designs to consider: centralized, distributed, and decentralized๐ก๏ธ.
๐นWhile blockchain technologies frequently employ decentralized networks, a #blockchain application cannot necessarily be classified just as decentralized or not. Decentralization is a sliding scale that should be applied to all parts of a #blockchain program. Greater and more equitable service may be accomplished by decentralizing resource management and access in an application.
๐ฅItโs wise to keep in mind that while decentralization does often come with sacrifices, such as decreased transaction speed, the trade offs in the face of increased stability and improved service levels should be well worth it.
Decentralization is not a novel idea. When developing a technological solution, there are a total of three network designs to consider: centralized, distributed, and decentralized๐ก๏ธ.
๐นWhile blockchain technologies frequently employ decentralized networks, a #blockchain application cannot necessarily be classified just as decentralized or not. Decentralization is a sliding scale that should be applied to all parts of a #blockchain program. Greater and more equitable service may be accomplished by decentralizing resource management and access in an application.
๐ฅItโs wise to keep in mind that while decentralization does often come with sacrifices, such as decreased transaction speed, the trade offs in the face of increased stability and improved service levels should be well worth it.
๐บWhy GameFi is Set to Grow in 2022๐บ
๐ทDespite the fact that DeFi is where the big chunk of money resides, with $254 billion in total value locked in, the #blockchain gaming sector also got $4 billion in investment in 2021. According to DAppradar, this game #business will have "moderate growth" in 2022.
๐ทIn fact, #blockchain gaming businesses have been receiving truly record amounts of venture money. For example, Justin Sun, the CEO of #BitTorrent and the inventor of Tron, has formed a $300 million fund focused on Play-to-Earn and GameFi. Sky Mavis was valued at $3 billion by Andreessen Horowitz, who led a $150 million Series B fundraising round.
๐ทWhat does this tell us? That #GameFi is here to stay. Where we are now is only the beginningโ๏ธ
๐ทDespite the fact that DeFi is where the big chunk of money resides, with $254 billion in total value locked in, the #blockchain gaming sector also got $4 billion in investment in 2021. According to DAppradar, this game #business will have "moderate growth" in 2022.
๐ทIn fact, #blockchain gaming businesses have been receiving truly record amounts of venture money. For example, Justin Sun, the CEO of #BitTorrent and the inventor of Tron, has formed a $300 million fund focused on Play-to-Earn and GameFi. Sky Mavis was valued at $3 billion by Andreessen Horowitz, who led a $150 million Series B fundraising round.
๐ทWhat does this tell us? That #GameFi is here to stay. Where we are now is only the beginningโ๏ธ
๐ขNews of the Week
Has it been a week already? Check out this weekโs recap!
๐ฎWhy GameFi is Set to Grow in 2022
Despite the fact that #DeFi is where the big chunk of money resides, with $254 billion in total value locked in, the #blockchain gaming sector also got $4 billion in investment in 2021.
๐ฎWhy is IDO a Win-Win?
An #IDO helps projects collect the funding it requires, while the public benefits from exciting new projects and chances to become their early investors, reaping the maximum benefits!
๐ฎP2E Tokenomics #2 โ Governance Tokens
Are governance tokens worth the investment? Actually, yes! Their supply is typically limited, which means they are worth way more than our last weekโs acquaintance โ the currency token.
๐ฎThe Core of Earn.Games
Our four main strategic functions include:
1. Games #Launchpad
2. NFT Marketplace
3. DAO + Community + Guild
4. Staking
๐ฎP2E โ The Ultimate Gaming Interaction
One of our aims with P2E games was and remains the building of a sustainable and fulfilling community!
Has it been a week already? Check out this weekโs recap!
๐ฎWhy GameFi is Set to Grow in 2022
Despite the fact that #DeFi is where the big chunk of money resides, with $254 billion in total value locked in, the #blockchain gaming sector also got $4 billion in investment in 2021.
๐ฎWhy is IDO a Win-Win?
An #IDO helps projects collect the funding it requires, while the public benefits from exciting new projects and chances to become their early investors, reaping the maximum benefits!
๐ฎP2E Tokenomics #2 โ Governance Tokens
Are governance tokens worth the investment? Actually, yes! Their supply is typically limited, which means they are worth way more than our last weekโs acquaintance โ the currency token.
๐ฎThe Core of Earn.Games
Our four main strategic functions include:
1. Games #Launchpad
2. NFT Marketplace
3. DAO + Community + Guild
4. Staking
๐ฎP2E โ The Ultimate Gaming Interaction
One of our aims with P2E games was and remains the building of a sustainable and fulfilling community!