Overview
The connections between the financial, virtual, and physical worlds have become increasingly linked. The devices we use to manage our lives give us access to almost anything we want at the touch of a button. The crypto ecosystem hasn't escaped this either. NFTs, blockchain games, and crypto payments aren't just limited to crypto geeks anymore. They're now all easily available as part of a developing metaverse. Besides supporting gaming or social media, the metaverse will combine economies, digital identity, decentralized governance, and other applications. Even today, user creation and ownership of valuable items and currencies help develop a single, united metaverse. All these features provide blockchain the potential to power this future technology.
Still, in its early stages, the metaverse has attracted significant investments from gaming companies, tech giants, and VCs alike. There is very little doubt that the metaverse is the future of gaming. According to a research firm, the metaverse marketspace – including games, gadgets, and online services – cumulated over $49 billion in 2020. Further, it is growing at a rapid pace of 40% annually. Clearly, this ‘evolution of the internet’ has attracted magnates from various walks of the tech industry. Notably, the Gaming Industry is leaning towards the metaverse to offer users a distinctive virtual experience.
As the gaming industry is the most advanced in terms of embracing the various aspects of the metaverse, the needs of game creators and players with a focus on interoperability, ease of use, and true ownership and portability of identity and digital assets require a single solution infrastructure that provides an end-to-end unified experience. That is where GONTFY came into existence.
What is Gonfty?
Gonfty is a metaverse & blockchain gaming infrastructure project building an industry-leading integrated NFT web3 on-chain gaming metaverse platform ecosystem compelling, industry-leading infrastructure platform housing a suite of high-quality interoperable, independent blockchain games co-existing within our metaverse infrastructure for end-users to navigate and play.
Mission of Gonfty
Mission is to develop tomorrow's virtual economy by unlocking the full potential of NFTs in the metaverse. Breaking the barriers to entry and facilitating the creation of new economic models for value-creation and next-gen innovation in the metaverse and blockchain gaming. Aim to scale the metaverse and digital gaming economy ushering a new age of true power to the players and content creators
Vision of Gonfty
To be the leading integrated digital platform ecosystem facilitating the next generation of NFT value-creation in the metaverse
To be the preferred decentralized, non-custodial, long-term partner for community networks engaging with the cross-sectional NFT gaming metaverse sector
To contribute to the sustainable growth of the virtual economy with accessible and user-friendly NFT innovation on a scalable, high TPS blockchain
To be the greenest, fastest, and highest TPS (transactions-per-second) blockchain enabling superior FPS (frames-per-second) gaming development on-chain with enhanced gaming experience
Gonfty Ecosystem
NFTY Chain - Native blockchain (NFTY Chain) is a blockchain built on a substrate that is natively compatible with the Polkadot ecosystem and is the on-chain foundation of our Gonfty ecosystem platform. NFTY chain can become a parachain that uses Polkadot Relay Chain validators for its consensus while allowing Gonfty to have an independent economic framework, data, and state. NFTY Chain aims to be a next-generation blockchain, an enabler for future games. Not only will it be environmentally aware, but also be self-aware by incorporating AI to make it a self-managing and self-optimizing blockchain.
Features of NFTY Chain Architecture
Reliability: The ability of a system to recover from infrastructure or service disruptions, dynamically acquire computing resources to meet demand, and mitigate disruptions such as misconfigurations or transient network issues.
Security: The ability to protect information, systems, and assets while delivering business value through risk assessments and mitigation strategies.
Flexibility: The ability of the software architecture to adapt to possible or future changes in its requirements. Software architecture is flexible when its parts have low coupling
Usability: The ability of being accessible to all people, even those with disabilities. This can be accomplished by implementing assistive technology in the UI and providing text for all images and multimedia resources.
Cost Optimized: The ability to run systems to deliver business value at the lowest price point.
Anonymity: The ability to keep the privacy of the users.
Gamebench - Gonfty Gamebench is the gaming launchpad that is composed of a set of SDKs for gaming developers to build their games and dApps on our blockchain. Essentially, the Gamebench is an SDK wrapping communication layer on the core protocol. This SDK enables gaming developers to adapt NFTY Chain functionalities in their game engine of choice.
NFT Mint and Marketplace - One of the key components of the Metaverse is the ability to create and offer NFTs. Gonfty Market is an NFT minting and marketplace platform which in essence, is a vanilla interface and set of APIs on the NFTY Chain enabling these functionalities for the Gonfty World and others to make use of.
DEX - Gonfty DEXswapp is another pre-built dApp created on NFTY Chain, which is a decentralized exchange enabling users to transfer and exchange their assets freely and in a decentralized and trust-less manner. The web app built on NFTY Chain consists of an exchange; liquidity pool; trade pool; and locking mechanism. Users can swap and exchange their assets, provide a liquidity and trading pool, and lock their assets.
Gonfty World - All platform components will feed into metaverse to create a virtual world for end-users to interact with. Interportable gaming will be possible allowing in-game assets to be ported across into different games
Gonfty Wallet - Non-custodial wallet with human-readable addresses linked to the user account and username to store in-game assets on the platform.
Gonfty Platform Services
NFTY amity - Community DAO (decentralized autonomous organization) service for token-based membership to engage and experiment on a platform with access to open-source code.
NFTY ark - Solution for clients with their own in-house teams who just need the survival scrolls onboard the NFTY ark to voyage on to their newfound lands of opportunity.
NFTY alchemy - An in-house team of accomplished alchemists who have mastered the mystic art of transmutation will gather your requirements and work their magic to transform the base matter into your own commercial final product.
Tokonomics
NFTY Chain operates a dual-token network. The 2 native tokens of the network are:
Governance NFTY (gNFTY) - gNFTY is the Governing Token that primarily allows holders to participate in the GONFTY network management, including voting for network upgrade proposals. It also entitles holders to receive the network currency token (NFTY$) through the auto-staking mechanism. The total amount of gNFTY is 100 Million. Its minimum unit is 1 and cannot be divided. It's registered in Genesis block and stored in standby validators’ multi-signature addresses.
Token Utility of gNFTY
✓ Network Trading fees
✓ Metaverse / in-game purchases
✓ NFT trading pairs & liquidity pools
✓ Reward for gNFTY holders & ecosystem participants
NFTY bucks (NFTY$) - NFTY$ is the network currency token used to fuel the network transactions and settle the network fees. Users can obtain NFTY$ either by the auto-staking mechanism by virtue of holding the Governance Token or purchase directly. When using the GONFTY network, users need to pay a certain amount of NFTY$ as network fees, such as transfer, registering assets, publishing assets, running dApps, etc. The total amount of NFTY$ is 100 Billion.
Token Utility of NFTY$
✓ Admission into Community DAO (NFTY amity)
✓ Community Proposals Voting
✓ Exclusive Access to Metaverse Land pre-sale
✓ Passive Income: auto-stake gNFTY to earn NFTY$
Roadmap
Team
Conclusion
The mechanics and the economy of Streaming Services such as PS now and Google stadia are based on centralized models. This results in an inherent imbalance and unfair economic model wherein these platforms monopolize both ends of the supply and demand with subscription fees and commission on the sales of the games. GONFTY, by providing a high throughput ecosystem, and thanks to underlying blockchain entangled with a decentralized vision, is set to revolutionize this industry. It is strongly believed that providing a trust-less network in which both supplier and consumer interact with each other freely, provides a fundamentally fairer ecosystem where value-creation and economic models are democratized.
Read More Here
Website: https://gonfty.network/
Twitter: https://twitter.com/real_GONFTY
Telegram: https://telegram.me/Official_GONFTY
Discord: https://discord.com/invite/44Jdc2kaKS
Author
Bitcointalk usrname: Arie07
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2346804
Erc-20 wallet address: 0x1EA625cC96682BAB3855820cd871b41B81cb7e78