GameFi and Metaverse are becoming essential parts of the crypto world nowadays. There is no doubt that in the near future, there will be more and more projects coming out.
However, there are still challenges for newcomers when it comes to starting their journeys such as players facing high start-up costs or scholarship funds being fragmented. And GuildFi is created to solve this problems.
What is GuildFi?
GuildFi is the Web3 infrastructure that connects games, NFTs and communities, with an aim to maximize players’ benefits and enable interoperability across the metaverse. The project solves the discovery and access problems for players while enhancing their performance and maximizing their rewards.
While gaming guilds have proven themselves to be an effective way for this new gaming era. GuildFi aims to take guilds to the next level by building an infrastructure to connect and add value to every important aspect in this sector including Players, Guilds, Games and Investors.
How does GuildFi work?
The GuildFi Ecosystem consists of:
- Gaming Center: As a core mechanism to onboard users. A place where players start their journey in the Metaverse.
- Zones: Are the dedicated engines that drive business activities to add value to GuildFi's ecosystem as a whole, such as the Guild Zone, NFT Zone, and Tools Zone.
With an ecosystem consisting of many features, GuildFi is promising to bring the best value to players and investors in the Play-to-Earn market.
- GuildFi ID: Stores players’ achievements and footprint in the entire metaverse and this will help players to access a wide range of products in the ecosystem of GuildFi.
- Game Discovery: Helps players discover curated games while assisting game creators in discovering the right player base for their game launch
- Guild Discovery: GuildFi offers a built-in scholarship program that is aggregated from our treasury, partners' guilds and connected NFT funds, reducing the barrier to entry for play-to-earn games and unlocking the opportunity for players anywhere in the world
- Proof-of-Play Rewards: GuildFi enables play-to-earn on any game by analyzing your lifetime activities. Players receive experience points (GXP) and ranking which translate into the rewards they deserve, whether it's an allocation to NFT campaign or a bonus yield from our tokens. GXP will also contribute to a leveling system and determine players' ranks.
- Guild Zone: Consists of Play-to-Earn-related products such as GuildFi Guild, Guild as a Service and Guild Network.
- NFT Zone: Consists of NFT related products. Metadrop Launchpad is the first product in GuildFi’s NFT Zone.
- Tools Zone: Serves both individual players and guilds with advanced features in the market such as Scholarship Management, Game Status, Leaderboard or Card Explorer.
What is GF Token?
GF is the utility token of GuildFi. The token itself will have direct value accrual with the GuildFi ecosystem. All in all, the token value will grow in direct proportion to:
- Revenue generated from up and coming P2E games.
- Revenue generated from Play-to-Earn guilds & scholarship businesses.
- NFT sales & IGOs (Initial Game Offerings).
- NFT asset value & the yield produced from different investments.
- NFT usage transaction volume.
- NFT asset lending across the ecosystem.
- Metaverse related project token value.
Detailed information about GF token
GF Token Metrics
- Token Name: GuildFi.
- Ticker: GF.
- Blockchain: Ethereum
- Token Standard: ERC-20
- Contract: 0xaaef88cea01475125522e117bfe45cf32044e238
- Token Type: Utility, Governance.
- Total Supply: 1,000,000,000
- Circulating Supply: 43,280,013
GF Token Allocation
1,000,000,000 GF tokens are distributed as follows:
- Ecosystem: 40%
- Seed Sale: 24%
- Team: 25%
- Treasury: 14%
- Public Sale: 5%
- Advisors: 2%
GF Token Sale & Release Schedule
GF will be purchased via Token Launch Auction. Details are as follows:
Purchase Link: launch.guildfi.com (which will redirect to GuildFi TLA on Copperlaunch:
- Start Date: 1 December, 2:00 PM UTC.
- End Date: 4 December, 2:00 PM UTC.
- Duration: 3 days (72 hours).
- Starting Price: $1.
- Ending price: $0.05.
- Minimum purchase amount: None.
- Blockchain: Ethereum.
- Initial pooled: 75,000,000 GF : 3,950,000 USDC.
- Starting weights: GF 95%: USDC 5%.
- Ending weights: GF 50%: USDC 50%.
How to buy GF Token
GF is listed on these exchanges for trading:
- CEX: OKEx, Gate.io, MEXC,...
- DEX: Uniswap.
GF is also supported by Coin98 Exchange, you can buy the token by using the swap function at the end of this article.
Learn more: How to use Coin98 Exchange
How to get GF Token
From Tuesday 21st Dec 2021, users can stake GF tokens to earn rewards paid in GF.
How to store GF token
You can store GF using Coin98 Wallet with these steps:
Step 1: Open Coin98 Wallet & click Receive on the home screen.
Step 2: Search GF Token.
Step 3: Click on the correct result, copy the wallet address and send GF to this address.
Roadmaps and Updates
Phase 1 - Q3 2021: GuildFi has launched a successful minimum viable product (MVP).
Phase 2 - Q4 2021: Developing the following features:
- GuildFi ID.
- The first phase of Guild Network.
- GXP Rewards.
- GameFi tools.
- Metadrop Launchpad.
Phase 3 - Q1 2022: The project will shift attention to more players, guilds and games in the metaverse by bringing the fragmented pieces of GameFi ecosystem together.
Phase 4 - DAO 2022: The end goal is to transition GuildFi into a decentralized (DAO) autonomous organization that is run by gamers for gamers.
Team, Investors, and Partners
The detailed information about the founding team is not published.
Investors & Partners
The investors and supporters of GuildFi are solid and multifaceted experience in the crypto world which will tremendously accelerate the project to become successful. Their strategic partner with Binance NFT will elevate the benefits of both parties.
Furthermore, Cyball and Axie Infinity are using guilds from GuildFi to support their games.
Is GF a good investment?
This article has provided some of the main ideas related to the GF token and its implications. You should always do your own research before making any investment decisions.
However, there are a few key points from the article that you should take into account such as:
A strong foundation is one of the most important aspects for a project to be successful. The investors and supporters of GuildFi are the tech giants and popular venture capital firms such as Alameda Research, Patera, Coinbase and Coin98. Their solid and multifaceted experience in supporting and building many projects would definitely accelerate the potential of GuildFi.
The gaming blockchain industry has been surging over the past few months. The GameFi market capitalization is $28B according to Coingecko on 13th Dec 2021, leaving massive room for it to grow in the future. The idea behind GuildFi is unique and when gaming projects flood the market, there will be more and more guilds for players which will make the project become popular in no time.
Yield Guild Games (YGG): A decentralized autonomous organization (DAO) that provides a platform for users to invest in NFTs in virtual worlds to promote blockchain-based games.
I hope you have gained all of the important information about GF including its features and highlights throughout this topic.
If you have any questions about GF or want to know more about GF, please feel free to leave a comment below and join Coin98 Community for further discussions about Crypto.