GameFi is developing rapidly, but at the same time, there are also downsides when many products of this genre gradually lose their original nature. Etermon was born to solve these problems and bring the best experience to players.
In 2020, the term “GameFi” became popular when it was first mentioned by yearn.finance (YFI) – Andre Cronje in one of his tweets. Since then, the phrase has been used frequently to describe games with a financial element enabled by blockchain technology. Specifically, GameFi is a combination of Decentralized finance (DeFi), Non-fungible Tokens (NFT), and blockchain-based online games.
The cryptocurrency market has grown tremendously in 2021. Half of the investors who own Bitcoin decide to buy more of this cryptocurrency – according to Grayscale Investments. Along with that trend, the GameFi market has also achieved a growth of up to 5,000%. Along with DeFi and Web3, GameFi is considered to become a digital currency trend in 2022 by many experts.
GameFi – Seasonal “Alchemist”
Launched in 2018, the Axie Infinity (AXS) project has led the wave of GameFi monetization. From there, the field of GameFi has exploded, attracting many new users and inflows of capital. Besides, large investment funds also started joining in GameFi projects.
As a matter of fact, the value and users of GameFi are increasing continuously and creating more and more assets. In August 2021, Axie Infinity became the first blockchain game to surpass the $1 billion mark in total NFT trading volume and has over 1 million daily users. This is the inspiration that makes countless publishers race to make NFT games.
In contrast, what develops too quickly will bring dangerous consequences. GameFi is like an alchemist that helps players turn everything into gold, but this is increasingly being taken advantage of. A series of games appear in the form of “click to earn” almost focusing on trading instead of gameplay. When that game can no longer make money, players and publishers will throw it away to switch to exploiting another “gold mine” Many people like King Midas want to touch everything and turn it into gold only to regret and give up the game they invested in.
To deal with this problem, in 2022 the GameFi market is predicted to shift to a sustainable development trend. Besides the monetization factor, publishers will invest in content, gameplay, and many other aspects to give players a full experience of playing, helping them stick with the game for a long time.
According to the representative of the Etermon project, this is also what they aspire to and strive to do with every effort to deliver the best product to the community.
Etermon – “Christopher Columbus” of the GameFi 2022 market
Come to Etermon, gamers will transform into an astronaut lost on a strange planet. There are creatures called Eter here. Players will train them to become effective assistants to fight against the dark forces on this planet. The main character goes through many tough challenges to find the space portal and returns to Earth. But that gate also opens the way to other magical planets.
That is the main plot of Etermon – a game project produced by Moli Studio and partners with high expertise in the field of GameFi. Etermon is a card battle and turn-based combat game. The Eters are divided into 5 different Elements: Fire, Water, Electricity, Plants, and Earth. They also have 4 ranks respectively N, R, SR, and SSR. Eter of N rank can be raised to evolve once to R rank and so on. The highest level in the game is SSR+ (upgraded from SSR).
With an aim to balance between playing games and making money, Etermon helps players enjoy true entertainment from a game, not just focusing on making profits. Players do not have to worry that they will get tired of “grinding” to earn money. Etermon helps them enjoy great experiences from a relaxing game.
Of course, gamers can still see the financial potential of a typical GameFi in Etermon. Each “pet” that the player owns in this game will be a unique item depending on how they raise and train them with a little luck. Players can receive tokens from trading, receiving rewards for finishing missions, or on the arena rankings.
Besides that, Etermon also directs players to a GameFi that is carefully invested in terms of graphics, gameplay, and storyline. While the market is spawning a series of games that only focus on making money, Etermon will be a “Christopher Columbus” pioneering in adjusting the GameFi trend in 2022 back to a truly entertaining game featuring financial factors.
The publisher even has the ambition to build a Metaverse that connects their GameFi products. Gradually, players learn that besides Etermon there are many other planets such as EterFishing, EterGarden… They will discover that each planet is closely related to each other on their way to explore the Eternity universe.
Players can find more information about the Etermon project at:
If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.