Cryptos

Play to Win – Disrupt the NFT Gaming Industry. – A DeFi Approach

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Gamers around the globe have a new hope with the rise of DeFi-powered NFT gaming. Players can create rare collectibles by combining NFTs with games, which can be used to gamble or build their crypto wallet. One of the NFT gaming platforms has a new challenger. This platform offers a unique gamified experience to the crypto financial market.

CoinFantasy, the first global decentralized multi-channel fantasy gaming platform, is designed for the financial markets using NFT. It is a pool-based gaming platform which offers players the chance to earn great rewards by using their skills. You can read more about it. Here.

CoinFantasy – A Disruptive Gaming Platform

CoinFantasyThis unique DeFi-powered NFT gaming platform rewards players who correctly predict the outcome of a set tokens based upon the budget.

Some elements of the ecosystem include:

Coin Launch – This is a proof to concept for gamify Launchpads (“Initial Game Offering”), in which users participate and win a game to whitelist for award and airdrops.

NFT: Encourage regular users to create limited edition NFTs and then sell them. The NFT editor’s performance is correlated with the NFT’s value.

Social Commerce – Subscribers to their token sets would be able to activate the option for coherent game players for a nominal fee.

How does it work?

Game organizers receive triple rewards when they create game pools, modify game rules, and lock down 10% of the pool’s total value. The following benefits are available to organizers:

20% discount on all successful game pool games
– Staking rewards to lock tokens
– Access to credit using the block fund as collateral to create new game pools

Participants can pay the entry fee to join any game pool. After the game pool has been filled, it goes live for four hours. The winners are then ranked live. CoinFantasy provides instant settlements at every game’s end through smart contracts.

Sponsors, on the other hand participate indirectly in the platform by purchasing NFTs from participants and organizers according to the seller’s conditions. This is similar in nature to a royalty arrangement where the seller shares the cash with the NFT owners. This creates the intrinsic value for NFTs, where the NFT prices are correlated with the sellers’ performance.

CoinFantasy early Access to the Game

According to CoinFantasy’s roadmap, CoinFantasy has just launched its Early Access to Fantasy Gaming on Polygon & Ethereum. Participants can join for free and receive great rewards.

CoinFantasy will offer up to $10,000 in game pool prizes to users who participate early in the game. It also provides real money rewards to its users for participating in its free game.

CoinFantasy offers additional rewards for its users:

  1. Participants receive $ 100 in tokens as airdrops
  2. $ 125 for users that also create infographics, memes
  3. Users who also create in-game videos and then post them on Twitter can earn $ 150

CoinFantasy is also superimposed GuidelineHe also explains how to adapt to his new game. He also explains the best way to earn airdrops, and how to participate in his next prize pools.

How disruptive is CoinFantasy?

CoinFantasy is a DeFi-powered solution to the problems faced by most fantastic platforms. Despite all the advances, most of the best solutions are still centralized because they have concentrated power centers. Many products now focus on trading simulations and offer no gamified experience for financial market. Users may also experience payment delays and are not able to influence the outcome of projects.

CoinFantasy is a simple and interactive way to solve the problems of great gaming platforms. CoinFantasy provides:

  • CoinFantasy offers instant settlements that are blockchain-activated using ERC20 smart contract, which makes them transparent and immutable.
  • CoinFantasy also ensures decentralization through the distribution of governance rights to the community.
  • The CoinFantasy NFT gaming platform employs innovative game theory to reward good actors and punish bad ones.
  • CoinFantasy is a community-driven platform that gives control of the development process and resources to community groups.
  • Participants and game organizers can create NFTs, and then sell them to sponsors through CoinFantasy Launchpad.
  • CoinFantasy also offers smart credit that tracks registrations and uses reputation to provide users with quick credit lines in order to encourage participation on the platform.

CoinFantasy uses decentralized finance to address inefficiencies in fantasy gaming. It is also the only platform to gamify crypto financial market such as stocks, derivatives and prediction events.

Find out more about the game here https://coinfantasy.io/.

Image by Free-Photos from Pixabay

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