Author: Revc
Today, a project called RPS GameFi rushed to the top three of the Dexscreener daily increase list, attracting large-scale capital attention in a short period of time, with a 24-hour trading volume of 100 million US dollars and a market value of 500 million US dollars, but then quickly fell back, and the liquidity in the pool quickly dropped to 3.7 million US dollars, and liquidity problems emerged.
In the crypto world, where there is a wealth effect, there is capital flow. The trend of project tokenization has come. While Fomo, we also need to be vigilant against the risk of collapse caused by market frenzy.
RPS GameFi
RPS GameFi is a blockchain game platform based on Solana, combining the rock-paper-scissors game with blockchain technology to provide players with a "fool-proof" gaming experience. Currently, with the support of the dual concepts of MEME and Telegram, RPS GameFi's market value peaked at US$500 million in just over a dozen hours after its launch, and then fell back to around US$150 million.
Core gameplay and mechanism of the game
PRSToken Economics
Limited Total Supply: The total number of PRS tokens is 100 million.
Token Usage: Tokens can be used for in-game rewards, community governance, etc.
Inflation Control: Prevent excessive inflation through a clear distribution mechanism.
Will Telegram & MEME form a flywheel effect?
Currently, the mainstream MEME themes include zoo themes (hippopotamus), Musk themes (Doge, Mars City), DeSci, and social hot events themes (Pnut). What kind of sparks will the huge user traffic on Telegram and MEME inspire? Judging from the performance of RPS GameFi tokens, there are shadows of institutional and community promotion, but it is not ruled out that the combination of TG and MEME may give birth to a new model in the context of abundant liquidity in the bull market. Just like AI Agent. Market funds are chasing new concepts and MEME assets with great enthusiasm.
The combination of Telegram games and Solana can take advantage of Solana's high performance and low fees, and can also ensure the transparency and fairness of game rules through smart contracts. However,TG's game mechanism and experience are still in a relatively"simple and brainless" stage, and it is likely to end up as a short-term hype.
Summary
RPS GameFi is supported by the dual concepts of Telegram traffic + MEME launch, reflecting the trend of MEME-based issuance of project tokens, but the long-term value support has not yet emerged, and investors need to take a calm view.