This incubator and launchpad helps gamers make money as interest in cryptocurrencies grows in games

In the traditional world, players play games, buy skins, lose skins in-game, spend hours a day online, and end up getting nothing. In this world, a new passion and the intersection of blockchain — gaming and crypto — is thriving.

game evolution

Early adopters of the blockchain, such as the OPSkins platform, recognized the need to provide true ownership of digital items, which later evolved into the WAX platform and offers a full range of NFTs in the form of collectibles, graphic art, and a growing number of items Services, used in-game and across platforms.

Splinterlands is one of the first blockchain-based products, using the popular HIVE blockchain (formerly Steemit), which has since pivoted to digital land ownership. Upland and Uplift World have also taken the gamification model and used NFTs to secure digital land ownership and transfer value between players, often in the form of rent, monopoly-style.

Lockdowns have also accelerated change. In the Philippines, the popular blockchain game Axie Infinity is starting to emerge. In a country without the buffer of a welfare support system, many citizens are at the poverty line due to unemployment. The Vietnamese game, built on Ethereum (ETH), allows players to breed, raise, fight and trade digital creatures called Axies.

What's more, it allows players to earn tokens, which, while not huge sums, provide much-needed income to players of all ages, from students to grandparents.

In fact, the world is turned upside down. "If my 12-year-old son doesn't spend enough time playing games, I'll give him up," said On Yavin, a veteran cryptocurrency advocate and former gamer at data platform Cointelligence. He was joking, of course, but being a gamer and a successful member of society are no longer mutually exclusive positions.

new frontier

In 2020, the market value of the game industry reached a peak of 159.3 billion U.S. dollars, and there are more than 2.7 billion gamers worldwide. This year's numbers show growing demand and spending, with 2.81 billion gamers and a market value of $189.3 billion.

This has led to a reassessment of the gaming industry, as games have been profitable for developers and publishers for years without the public having the opportunity to reap the potential rewards. If playing games is profitable, making games is also profitable. A new concept - Initial Game Offering (IGO) - has emerged in the industry. It's the latest take on an initial coin offering (ICO), and one of the early adopters of the concept is Seedify.

Seedify describes itself as a "blockchain gaming-focused incubator and launchpad ecosystem, empowering innovators and project developers through access to funding, community and partnership building, and a comprehensive support system to help drive games and blockchain The future of the chain.”

The platform capitalizes on the enthusiasm of gamers, using blockchain technology, to create a popular launch platform for gaming. It follows the rules and is fully KYC (know your customer) compliant, but makes it easy for anyone interested in gaming to invest in new games.

Investors buy the native token SFUND from exchanges such as Apeswap, Bakeryswap, 1inch or Kucoin (KCS), and connect their KYC wallets to the launch platform. There are nine levels of participation, depending on how many tokens an individual holds. While Tier 1 has lottery-based allocations, all other tiers feature guaranteed allocations.

The actual investing process is simple. Users select the pool they wish to invest in, select the IGO project and click the buy button to purchase tokens based on their maximum allocation. That's it. Once the tokens are listed on the decentralized exchange (DEX), according to the release schedule, the tokens will be automatically sent to their wallets.

Examples of projects on Seedify include Continuum World, a free-to-play game that combines MMO (massively multiplayer online) and mining.

In this game, players will be able to own a part of this new world by purchasing a piece of land. To maximize the earning potential of their lands, players will be able to add buildings and resources to level up. Since exploration requires energy, add solar panels or windmills to generate electricity, as well as vegetable and fish farms to feed Umi, the Continuum's native resident.

Land is an NFT token using the ERC-721 standard. The supply of land is fixed, making it a rare asset in the game. This game comes from Playchain PTE, an established game company in Singapore, and its IGO will be held on October 1st.

With the popularity of blockchain games, IGOs are also developing rapidly. Investors can expect a significant return on investment (ROI) if a game project is successfully launched on a cryptocurrency exchange, or if it becomes more popular in the gaming community.

An IGO for one of the most anticipated projects in blockchain gaming, Cryptoblades Kingdoms, will also be launching on the Seedify Launchpad on September 28th. Incubated by Seedify and developed by the high-profile Cryptoblades team, Cryptoblades Kingdoms (CBK) is a metamorphosis of the current Cryptoblades games, an exciting strategy-based land-building MMORPG metaverse. Cryptoblades Kingdoms is designed and built with AAA-level game features, daring to challenge the limits of people's imagination of blockchain games.

The Cryptoblades Kingdoms metaverse will have land, buildings, and guilds. New game modes such as raid mechanics, PvP, PvE, and dungeons will create an exciting and immersive gaming experience that blockchain gamers and non-blockchain gamers alike will want to dive into.

Alien Worlds may be the biggest game by subscribers right now, but when it comes to sales, Axie Infinity leads the way, with more than $1.1 billion recorded so far this year. While all investments should include due diligence and not exceed the amount an investor cannot afford to lose, this has certainly been one of the hottest spots in cryptocurrency this year.