With GameFi valued at $40 billion, the next iteration of immersive interaction - the metaverse - is already starting to take shape. Many experts are banking on this revolution to be the biggest ever.
Yet, the trend shows that the industry is going to choke. Ironically, the decentralized industry is itself siloed as each platform works independently. Worse still, there are several different blockchains and this means players preferring one chain are cut off from even shifting to other games if these run on another chain. Then there is the problem of the game’s success. If it fails, the value of its tokens and NFTs nosedive, meaning the players are left with worthless assets.
How gDEX is Going to Save the Metaverse
gDEX covers the three essential human elements in any GameFi or metaverse:
- The Players: Gamers will be able to easily move from one game to another, taking along their tokens and NFTs that can be swapped or even directly used within the next game.
- The Developers: Connect existing games or build new ones with a plethora of chain agnostic tools, SDKs, guides and a modular no-coding environment. Create interoperable NFTs and even leverage the $GDEX token for in-game economy (payments and P2E rewards) and connect with the larger gDEX community.
- The Guilds: A cross-chain Guild Management Tool to create and manage accounts, payouts, even leverage NFT based membership. Build communities, teams and level up.
What to Expect from gDEX
Apart from the tokenized Metaverse Passport, Guild Management Tool, no-coding environment and other tools, gDEX will also offer different services such as Community Marketplace, Staking for Access, GameFi Missions, Discovery (NASDAQ:WBD) Zones, Creator Space and much more.
Using the $GDEX token, game developers will need not worry about developing their own tokens. At the same time, the single token being used across the platforms under gDEX means that players and guilds don’t have to worry about swapping assets whenever they want to start a new game nor does its value diminish.
The Future of MetaverseGS Morgan Stanley MS
Unlike other solution providers that concentrate on single or a few stakeholders, gDEX’s holistic approach towards the industry as an all-encompassing one-stop solutions platform is perfectly placed to eliminate the pain points and unlock the true potential of the metaverse.