Magic Alchemy Wiki
  • 👀Introduction
  • 🤩Inspiration
  • 🔮Welcome to Magic Alchemy
  • 🎮Gameplay
    • ✍️Overview
    • 👤Characters
    • 🗺️Locations
      • 🏦Goblin Bank
      • 🏪Goblin Shop
      • 🏡Goblin Chamber
      • 🌿Extraction zone
      • 🧙‍♂️The Hall of Elders
      • 🚂Workshop
      • ⚗️Laboratory
      • 🍻Tavern
      • 💰Bazaar
      • 🛒Marketplace
    • 🧑‍🤝‍🧑Community
  • Tokenomics
    • 🪙Tokenomics Problems Overview
    • 👨‍🔧F2P Economics
  • Game Economic Model (Engine)
    • 💎Game Economic Model (G.E.M)
  • MISCELLANEOUS
    • 🛣️Roadmap
    • ✍️Past Activities
    • 🤘Team
    • 🔗Usefull links
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Introduction

The centralized game industry has accustomed users to being satisfied only with the end product - the game, while the developers and publishers get all the economic benefits. Players cannot influence their investments and the degree of control over the system in which they participate. That is why decentralized infrastructure projects such as Metaverse, DeFi, NFT, and decentralized autonomous organizations (DAOs) are increasingly beginning to influence the evolution of the gaming industry.

The convergence of games and the decentralized blockchain world has led to the concept of GameFi, which can be expressed in a simple equation: GameFi = Game + DeFi.

Well-designed game economics (tokenomics) combined with the use of NFT transfers value from developers to users, which fundamentally changes the approach to the world of computer games. Now, the user gets an unprecedented gameplay experience with the ability to monetize it, participates in the management of gamified Metaverses, and the characters, inventory, and various skins in the form of NFT belong only to the player.

NextInspiration

Last updated 1 year ago

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