A brand new viral challenge within the video games sector to win referred to as HIFI firm has set its sights on business domination by means of a confirmed recreation in blockchain and crypto-community constructing.
On this article, we check out how they plan to do it with a toolkit involving video games, cryptocurrencies, and NFTs.
HIFI is an rising Play-To-Earn crypto gaming challenge that seeks to be a frontrunner within the business. That is the primary main challenge of the HIFI Society ecosystem.
HIFI desires to construct paths for avid gamers and artists alike by serving to them construct their skilled careers on the blockchain. Concurrently, their platform is designed to draw recreation studios and recreation builders to listing their outdated video games and re-activate income utilizing HIFI’s reward engine. Its recreation financial system platform consists of greater than thirty retro video video games, in addition to rewarding experiences and companies. And it is designed to get higher with age. Geared up with an unique recreation analytics backend to allow HIFI to always enhance their person expertise based mostly on participant exercise.
Customers and neighborhood constructing first
In a cryptocurrency business riddled with pump and dump schemes in addition to well-intentioned tasks too centered on short-term worth motion, the person person is usually left behind.
The staff behind HIFI has chosen a distinct course. Lengthy-term worth appreciation is determined by use instances and a robust neighborhood. They subsequently put the neighborhood and the customers first. The worth of a platform and its cryptocurrency tokens is barely of worth to its customers.
HIFI seeks to focus on, interact and retain completely different components of the neighborhood in response to their wants:
- Inventors: desire a return on funding
- Merchants: need volatility
- Gamers: need to play
- Aggressive gamers: need to compete
- Viewers: need to be entertained
Already in beta with over 1,000 customers, in addition to a neighborhood of over 5,000 customers on Twitter, HIFI seeks to mix the normal profitable components of a enjoyable person expertise with blockchain improvements. Right here is an summary of what it accommodates.
Parts of the HIFI ecosystem
The primary component HIFI attracts on is the gamer nostalgia that customers have for retro video games. They’ve acquired dozens of video games from the 80s, 90s and 2000s and one among them is ideally designed for keyboard gaming, others for joystick gaming. Their purpose was to offer one thing for a variety of gamers.
Now enter the aggressive recreation. Esport has been a rising pattern for many years, with skilled groups organized on the skilled athlete stage. However for essentially the most half, eSports has been a closed group of very skilled individuals. What about one thing for the on a regular basis person who simply desires to have enjoyable or in between?
HIFI has built-in blockchain into the platform to make the person expertise interesting to all ranges of avid gamers. The $ HIFI token was constructed on the Binance Sensible Chain to optimize the person expertise with the bottom charges. The token comes into play in a number of methods:
- All customers might want to wager (not spend) tokens to take part within the platform.
- Customers can earn tokens by taking part within the platform.
- Extra devoted customers can take part in gaming competitions and earn much more tokens.
Following the launch of the platform, one of many subsequent steps within the roadmap will embrace the implementation of staking rewards. Extra critical rivals can improve their earnings on this approach.
Moreover, $ HIFI will interact in a quarterly token burn, shopping for again tokens and destroying them to scale back provide, create upward stress on costs, and entice all neighborhood contributors.
With the launch of the HIFI firm’s gaming platform within the following month, they’ve already centered on constructing different components of their ecosystem, which can hyperlink with HIFI Gaming.
The following section will embrace launching NFT in well-liked third-party markets, showcasing artists, musicians and participant influencers with co-branded NFTs, and activating the NFT utility in their very own NFT market, which will probably be aimed toward artists in addition to gamers utilizing the system. There may be additionally a plan to combine yield farming. This is among the causes the staff selected to create the $ HIFI token on the Binance Sensible Chain.
HIFI’s goal is a big, dynamic and rising neighborhood, with a spread of various contributors who’re every rewarded for his or her participation, and a platform that responds to their calls for.