As game enthusiasts across the country are acutely aware, Legends of Elysium (LoE) has attracted quite the following with support streaming in from an array of esteemed companies. The latest heavyweight to hop on board is none other than “ChainPlay”, and it’s my pleasure to herald them as our newest ally in the continuously exceptional saga of LoE.
ChainPlay is meticulously fashioned to be the quintessential portal for everything blockchain gaming. It stands as a game-changing entity, offering gamers a unified and streamlined perspective into the complex realms of the GameFi market, thus stripping away the erstwhile necessity to conduct exhaustive individual research for each promising crypto gaming enterprise. ChainPlay gifts us with valuable, collated insights on viable investment prospects and noteworthy occurrences in the play-to-earn gaming world, right at our fingertips—an undeniable boon for time efficiency, wouldn’t you agree?
We must reflect on the fact that the amalgamation of virtual gaming with decentralized finance, known within the circles as GameFi, is commanding the crypto sphere—particularly so in the concluding months of 2021. Given that this industry is still relatively in its budding phase, it’s significant to note that approximately 68% of its investors have come into play within the last year, mainly during the latter half of the annual course.
With the GameFi sector’s evolution, we must consider components like community, supporters & partners, and teams, which play monumental roles. A robust community is deemed quintessential by a striking 69% of investors when hashing out investment choices. Backers and partners, considered essential by 66% of investors, are also front-runners. The gameplay is not far behind, playing a key role in investment deliberations for 51% of investors. Tokenomics sits high in the ranks for 49%, while 38% gravitate more towards the design intricacies of in-game economies, and 31% bestow importance upon the graphics. A mere 4% are steered by other factors.
Having ChainPlay alongside us as a game partner undoubtedly adds a freshly enriched layer to the spellbinding realm of Legends of Elysium. Their dedication to refining and distilling the enthralling yet complex mosaic of blockchain gaming is an asset of immeasurable worth to our thriving gaming community. With eager anticipation, we all await the progression of this transformative partnership.
ChainPlay acts as the all-encompassing hub for the blockchain gaming aficionado. Its platform is custom-built to assist crypto gamers in accessing a collective conduit to the myriad dimensions of the GameFi market. Instead of the laborious task of individually trawling through every crypto gaming proposition, ChainPlay amalgamates this data, presenting it to users comprehensively on a single, efficient platform. This aggregated, real-time curation not only conserves precious time but guarantees that you stay perpetually enlightened about the goings-on within the dynamic play-to-earn gaming niche.
GameFi’s rise to prominence, particularly in the closing stages of 2021, saw it dominate the crypto domain during its period of zenith. Nonetheless, critical assessments of this digital gaming economy become increasingly stringent with each day. Our survey aims to offer a direct perspective on the current state of GameFi. Let us delve into the insights we’ve unravelled.
We acknowledge that the GameFi industry is still nascent, meaning that many investors are relatively new to this investment scene. In fact, 68% of GameFi investors have only stepped foot into this market within the preceding 12 months, with a substantial number joining during the final two quarters of 2021.
In matters of pre-investment contemplation within a GameFi initiative, aspects like community, patrons & partners, and team dynamics persistently emerge as paramount. A project’s community vigour is an influential factor for 69% of investors when it comes to investing decisions. Comparatively, 66% consider the thrust of backers and partners to be elements of supreme consideration. Closely following these leader contenders is gameplay, the linchpin for 51% of investors as they weigh up their GameFi investment options. Additionally, 49% of investors lean toward tokenomics as a pivotal determinant, 38% underscore the in-game economy design, 31% spotlight graphics, while a scant 4% are swayed by alternative considerations.