How is Superhero NFT Wars Merging Gamefi and SocialFi
13 Mai 2022 - 03:43PM
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Gaming has been one of the fastest expanding entertainment sectors,
surpassing Hollywood. The $200 billion industry has reigned supreme
for decades, unifying more than 40% of the world’s population.
However, the emerging GameFi sector is bringing a massive
transformation to the gaming business. GameFi leverages blockchain
technology and has recently altered the course of gaming’s history.
This online gaming paradigm takes on new meaning while also
offering gamers an interactive gaming experience. Furthermore, with
the emergence of NFTs and the metaverse, it is evolving into
something more robust and exciting, namely SocialFi. SocialFi
combines Social and Finance. Blockchain solutions like crypto and
NFTs power the new social economy. Creators can monetize their
social impact directly. From Entertainment to Earning: The Gaming
Evolution Video games have been around since the early 1970s. The
emergence of gaming consoles was the first significant development
in this space. However, significant technological improvements
occurred with the debut of the Sega Dreamcast. which was the first
significant development in this space. Gaming’s original purpose
was to bring friends and families together for a good time.
However, with the introduction of internet gaming, gamers moved
from playing for fun to boosting their competitiveness globally.
And this gave birth to some of the earliest eSports leagues. Then
came the smartphones that disrupted the gaming industry. The ease
of using a smartphone changed how we do many things, including
gaming. The boom was so significant that mobile gaming now accounts
for 52% of the global gaming market. We’ve arrived at the latest
gaming iteration. Play-to-Earn games are a hybrid of gaming and
blockchain technology. They allow players to earn real-world value
through cryptocurrency. Axie Infinity is a prime example of
this. It garnered a $3 billion valuation within a short duration.
SocialFi is the New GameFi GameFi is evolving rapidly. Its market
value has risen to $55.38 billion as of February 2022. It is also
anticipated to grow tenfold over traditional gaming by 2025.
However, the trend is gradually shifting from GameFi to a more
efficient model—SocialFi. The relevance of social networks in
today’s world and the engagement aspects of GameFi form the
foundation of this new paradigm. Emerging decentralized social
networks with DeFi functionalities provide users immense
flexibility and benefits. With features like robust data privacy,
transparency, and fair monetization, SocialFi proves its worth as
an efficient model in the blockchain space. Incentivizing users
optimally with digital assets like NFTs becomes all the more
promising for end-users in the long run. While numerous projects
offer various flavors of SocialFi, only some have
successfully and robustly combined GameFi and SocialFi.
Superhero NFT Wars is one among them. It is one of the top three
SocialFi projects building a unified infrastructure to connect
NFT-oriented communities via platform-level social services. It
thus integrates social media, cross-IP engagement, community
building, and value creation under one hood. While the primary
focus is on building a SocialFi landscape, the project has other
multiple features, including a staking desk, central IDO
marketplace, NFT trading front desk, nightclub ballroom, etc.
Moreover, SNW will also have a marketplace for users to buy and
trade their NFTs. Beyond that, SNW’s social metaspace will host
social events to explore the community engagement aspects. The
platform will launch with its NFT collections — SNW-CB and SNW-X.
The goal is to create an industry-first, layer-0 social tool in the
form of a movable and evolvable membership pass. The NFT utilities
include a unique avatar in the metaspace, exclusive Discord access,
and $SNW token airdrops. Furthermore, owning these NFTs will enable
participation in game development and voting on the game’s DAO
governance. The Future of SocialFi While SocialFi platforms are
still in their early stages, particular efforts have already shown
enormous promise. For example, Superhero NFT Wars, as discussed
above, is leading some genuine innovation in this space with its
metaspace. We may see SocialFi in 2022 as the DeFi summer of 2020.
So it’s only about time when users move in flocks, away from
Twitter and Instagram, towards blockchain-powered SocialFi
platforms.
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