GameFi and Metaverse

BlackDeep Technologies has vast experience in building games with DeFi elements and virtual worlds also known as metaverse.

What is Metaverse?

Metaverse is the next step in the internet evolution. It will unite all virtual spaces into a single virtual universe.
In the Metaverse people use a digital identity and have extensive and nearly unlimited opportunities for interaction.
Many aspects and elements of the Metaverse can be traced back to the vision of a decentralized online ecosystem in the form of WEB 3.

What is GameFi?

Integration of blockchain and decentralized finance into a game.
The users can earn-in-game/app rewards by competing with other players or completing daily tasks.
Usually the rewards they receive are in the form of a cryptocurrency token.

Benefits of Integrating Metaverse and GameFi in your business

Large companies have the financial and human resources to develop their visions, and some of them already found numerous applications of the Metaverse and have integrated various of GameFi aspects in their products. Some of the benefits to do the same for your business are:

Meetings

In the last couple of years home office was made the common practice for many companies around the world. However in some regards the digital collaboration is still in its early stages. In the Metaworld using digital avatars, participants can intecaract and discuss together in one room. In such virtual meetings in the meta-space, they can even make use of tools and applications that do not exist in the real world.

Digital Goods and products

Like in the physical world, every avatar needs clothes, equipment and even a place to live. All these digital goods are created at this moment by innovative companies and creative people. Real estate…

Additional user incentive

Users love games and the exciting feeling of beeing able to win something when playing those. Adding a GameFi elements in your game or application, would increase the engagement and the retention rate of your users.

Entertainment

Concerts, trade and fashion shows, Virtual Reality- Games – the range of vast possibilities in the metaverse is wide. Over there, most of the events in the physical world can be transferred without the limitation of travel, seating capacity etc.