Project Description
GuildFi aims to build a one-stop shop for interconnectedness between different games, NFTs and communities to serve as an infrastructure for Web3. It maximizes player benefits and enables interoperability across metaverse. In GuildFi, it is possible to discover quality games, receive guild rewards, use game tools, and receive additional rewards based on players' participation in the metaverse.
GuildFi consists of two parts.
1、Gaming Center: the core mechanism for engaging users.
2、Zones : add value to the whole GuildFi ecosystem, a dedicated engine to drive business activities, containing Guild Zones, NFT Zones, Tool Zones, etc.
Official website: https://guildfi.com/
Twitter: https://twitter.com/GuildFiGlobal
Telegraph (22,121 members): https://t.me/guildfi
Discord (57,881 members): https://discord.com/invite/guildfi
Medium: https://medium.com/@guildfiofficial
Project Explanation
With the increasing number of participants in the chain game, the GuildFi team found that it is possible to interconnect different games with different players, guilds, and communities.
Current problems faced by participants in the chain game market.
Players: high cost of entry and increasingly low game revenue.
Games: high marketing costs, necessity of multi-channel promotion and single means.
Guild: the cost of creation and customer acquisition are too high.
With the development of blockchain, there are more and more games on the chain, and players cannot easily browse to understand and get involved in them, nor can they be informed of new quality games coming online in time. Chain game guilds happen to be an effective entry tool in the new gaming era, solving some of the above problems, but the capacity of one guild is limited. So GuildFi plans to unite several guilds and communities, select quality games, and induct scholarship funds so that players can easily and conveniently start their meta-universe journey and play their earning power in it (P2E). guildFi will move towards Guild 2.0 and become the Steam of web3.
Guild 2.0 features: a player marketplace that can be vetted, rated, and filtered; players with high ratings can apply for unsecured lending through DeFi; a treasury with fixed income; NFTs that can be used for collateralized lending; more game integration; etc.
Game project owners can leverage GuildFi's resources and operations to import more players
Guilds can use GuildFi's Airdrop Zone to attract players to participate, while using more marketing tools to reach users.
Players can use GuildFi's "Game Discovery + Guild Discovery" function to achieve low-cost access to high-yield games.
GuildFi components
GuildFi main components: Gaming center, Guild Zone, NFT Zone, Treasury Zone, etc.
Gaming center (Gaming center)
GuildFi ID: Register and get your own GuildFi ID
Proof-of-play: Participate in games and activities in GuidFi and earn GXP (experience system), the more GXP you get the more activities and extra rewards you can participate in.
Game Discovery: Used to integrate games, allowing players to easily browse and filter games.
Guild Discovery: Players can choose the right guild for them based on the game and bonus rate, thus reducing the cost of getting started with the game.
Guild Zone
1、GuildFi Guild: GuildFi is formerly the largest chain game guild in Thailand and has the largest community in Thailand with millions of followers. Guilds can lend NFT assets to recruited players, allowing players to start playing and earn money for free.
2、Guild Network: Guild network where guilds can borrow NFTs from each other; guilds can borrow NFTs from VCs and funds associated with GuildFi; the team also distributes NFT assets to guilds; GuildFi sets up scholarships for guilds to recruit players.
3、GaaS: Guild as a Service, people who want to create a guild but don't want to manage it can easily create an automated guild by providing funds to GuildFi; people who just want to earn revenue and don't want to play or create a guild can provide funds to GuildFi and the team will help manage the assets so that the contributors can earn revenue; people who have NFTs they can use can also If you have NFT that you can use, you can also lend it on the platform to earn income.
NFT Zone
MetaDrop LaunchPad: NFT Airdrop and Sales
Treasury Zone
Tool Zone
Tool Zone is used for the scholarship portal and is not described in detail in the white paper.
Online Sections
There are currently 3 sections on the GuildFi website.
Games
The games section integrates Axie Infinity and Cyball (the whitepaper says Sandbox will also be available).
MetaDrop Board
The MetaDrop board is dedicated to posting NFT drops and sales. Currently, we have completed Sipher.xyz's Sipher blind box drop, GuildFi's Mystery Blind Box drop, Summoners arena's Hero NFT sale, and Cyball's Cybloc sale.
Staking Board
The Staking board is hosting a $GF pledge event where you can split up 60,000,000 $GF rewards, as well as earn GXP (experience points), random NFT drops, and more. Currently, the $GF lock is at $48,972,791, or 357.13% annualized.
GuildFi recently completed the first IGO of NFTs in the Cyball game, resulting in a new high volume of Binance NFT transactions. To date, GuildFi has made relatively big progress in terms of users, with over 150,000 GuildFi IDs created, over 1,000,000 missions completed, and a good level of community engagement.
Token Information
Token symbol: $GF
Contract Address: 0xaaef88cea01475125522e117bfe45cf32044e238
Total supply: 1,000,000,000
Current liquidity: 43,280,013
Market Value: $86,912,870
24-hour trading volume: $2,008,152,561
On December 1, 2021, $GF was pre-sold at TLA, raising over $140 million with an initial float of 75,000,000.
Token Allocation
Presale: 5%
Seed round: 24%
Advisors: 2%
Teams: 15%
Finance Fund: 14%
Eco: 40.0%
Token Functionality
In addition to serving as a governance token, $GF links different GuildFi regions together, providing interoperability. A pledge mechanism is used to differentiate between short-term speculators and long-term holders (e.g. partners), with the more $GFs pledged and the longer they are held, the more sGFs are acquired. users of the GuildFi platform, pledging $GFs and holding $sGFs can currently accrue immediate value in the following features that may be available.
Metadrop Launchpad: the more $sGFs held, the greater the likelihood of obtaining IGO tickets.
GuildFi Tool Zone: the more $sGF held, the more tools can be unlocked and the more features can be experienced.
GuildFi ID: the number of $sGF held will be displayed in the ID, equivalent to the ID level (this feature is not yet implemented).
Game proof rewards: the more $sGFs held, the more rewards will be earned in various games in the platform.
Game Discovery: holding $sGF gives you early access to new games and will give you an advantage over later players.
Project Background
Funding Status
On November 11, 2021, GuildFi received a $6 million seed round of funding led by Defiance Capital and Hashed.
Other backers include.
Pantera Capital, Coinbase Venture, Alameda Research, Animoca Brands, Dapper Labs, Play Ventures, Coin98 Ventures, and SkyVision Capital.
On December 1, 2021, more than $140 million was raised through a TLA pre-sale.
On February 12, 2022, received a $1 billion investment from BSC.
Team Members
Kenneth D. Cron, Mirza Uddin, Thuat Nguyen, Ronald Koo, Calvin Chu, Tascha Punyaneramitdee, and others, each from a different well-known team.
Roadmap
2021 Q3- Launch of Minimum Viable Product MVP, Axie Infinity game bonus management tool, used by hundreds of guilds in Thailand's largest Gamefi guild and Sea.
2021 Q4- Develop the following modules.
GuildFi ID
GXP Bonus (equivalent to experience value, used for system upgrade and ranking)
GameFi Tools
Metadrop Launchpad
2022 Q1-Expanding ecology.
Ranking System
Guild Network
Awards Page
BYO Modules
2023 Q1-Building a Decentralized DAO
Summary
Strengths
Luxury of investment institutions.
Advanced concepts (DAO, Web3, NFT, meta-universe).
The large number of linkable wallets.
Fast increase in the number of users.
first-mover advantage due to the former being the largest guild in Thailand.
players can borrow NFT and access to quality games at low cost.
Resource integration and many revenue routes.
Disadvantages
Currently only supporting ethereum and cryptocurrency smart chains.
Slow development progress.
small variety of games, currently only two games, there is difficulty in game selection, there are many games on the market are not sustainable, and strong games, such as the original god, can develop their own ecology, instead of the need to participate in other platforms to cooperate.
expensive in-game processing fees.
having first-mover advantage, but without technical barriers, easily surpassed by imitation.
Competitors have strong rivals like YGG, Gala Games.
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