Why Everyone’s Talking About GameFi
In our previous article we touched upon what exactly is GameFi, how does it work, and how it stands to challenge traditional gaming. But that is not enough about its importance in the industry and why it is the biggest thing since online gaming.
There are several avenues today that gamers can take to earn an income from playing video games. For instance, competitive gaming or eSports is a continuously growing industry where many players have turned their skills into years-lasting careers. For a select few games that define competitiveness, coaching is becoming a more viable means for earning an income by utilizing one’s knowledge and experience on the game.
Entertainment is another pathway many gamers take; either by streaming or content creation, many people have garnered millions of followers throughout the years by playing video games and providing hours of entertainment for their viewers — and in the process, have turned gaming into a living.
GameFi takes it a few steps up by allowing players to earn simply by playing the games they love. Where in the examples above certain skills, conditions and circumstances are required to make it work, the accessibility of GameFi makes it so that practically anyone can open up a new source of income through gaming.
It is even possible for GameFi projects to combine traditional means of earning with modern, blockchain-based ones, which could result in interesting platforms and protocols. It could potentially rid of third parties by implementing P2P systems, reduce platform fees and amplify earnings, and even help create fully decentralized and crowdfunded leagues and tournaments.
Decentralization and Governance
Often two very underrated aspects of GameFi, the implications of decentralization and governance in gaming — or anything for that matter — are rather massive. Giving the masses a voice and voting power helps them express and protect their interests and well-being, and gaming is a no different matter.
Despite all the fantastic, immersive, and compelling games that make their way to our screens, the industry itself can sometimes be rather shady. From overworking developers to targeting children and vulnerable groups of people with games riddled with gambling mechanics, it is safe to say that there’s some room for some change.
Under current circumstances, while fans can raise their concerns, ultimately the final say goes to the upper levels of these companies. With decentralized governance, however, fans can propose, vote, and make these changes themselves. This ability doesn’t just extend to company practices, however, as it can also be used for game-related matters such as updates and rules.
The next big thing, Salo Players — The Digital Guardian
Salo Players is the first Shooting Play-to-Earn Game on Binance Smart Chain Ecosystem. The game also provides a unique metaverse where players can freely collect, buy and sell their NFT.
Disney’s Wreck-it Ralph has greatly inspired Salo Player s— Digital Guardian through its success in the Metaverse world where Shooting and Role-playing cross each other. Players will take place as a Guardian Gunner, who shows no mercy for the viruses harming the SALO Network.
By initiating the project with our base strength in Shooting games and Blockchain technology, Salo Player s— Digital Guardian Development Team wishes to demonstrate our vision for “GameFi”: the combination of entertainment (Game) and an effective, sustainable in-game economy (Fi). By that, all participants of the Salo Players — Digital Guardian ecosystem including investors, players, and developers are worthy rewarded for their contribution to the game and its ecosystems.
We also believe that Salo Players — Digital Guardian can solve some of today’s GameFi problems. Salo Player s— Digital Guardian offers players fast-paced gameplay, low entry barriers, easy access, simple UI, and valuable NFTs. Our team is focused on both money-making strategies and the actual gameplay.
Reach us on any of our Social Platforms
Telegram Chat Group: t.me/Saloplayers
Telegram Annoucement: t.me/Saloplayersann