Game-Fi

Game-Fi refers to ‘Games + Finance’ which includes adding financial elements into a game, presenting financial products as games, the gamification of DeFi, and non-fungible token (NFT) based game derivatives.

Compared to traditional web and mobile games, blockchain games have added features including:

1) Player participation in game modifications and optimizations;

2) No centralized company for unified operations; and

3) Play-to-Earn – earn whilst playing

Play-to-Earn is the biggest selling point of Game-Fi where it not only enables a player to upgrade game avatars, fight monsters, and bring joy to gaming, but it also includes tokens, in-game equipment, in-game props, NFTs, etc. - all of which can be sold on the blockchain market.

Liquidity mining in both Game-Fi and DeFi are essentially the same. Liquidity mining aims to provide token pledges to facilitate the subsequent distribution of rewards.

In Play-to-Earn game types, users may purchase various in-game items during the early stages and by spending a certain amount of time playing the game on a daily basis, income may be derived instead.

Currently in Game-Fi, the leading blockchain game is called, Axie Infinity.

Thanks to the Play-to-Earn model, Axie Infinity quickly gained popularity with its single-day income surpassing many traditional mobile games. With Axie Infinity at the helm, greater funds are being poured into the Game-Fi industry.

The emergence of Game-Fi is largely due to DeFi, NFT technology and its derived products. With the combination of NFTs and DeFi, it has brought about stellar growth in assets and commercial value to on-chain games.

With this in mind, QUATRO shall also actively develop the Game-Fi sector and create value for QUATRO through continuous research, development and the optimization of Game-Fi for the addition of QUATRO-related applications through the Game-Fi sector.