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With Binance Labs leading the investment, can the game guild "Cosmic Guild" become the Vietnamese version of YGG?
冉_
读者
2021-12-27 03:08
This article is about 1479 words, reading the full article takes about 3 minutes
Clear business model, efficient operation, strong capital, and early market dividends.

In the second half of this year, Yield Guild Games, the chain game association, ushered in the market enthusiasm following the head chain game Axie Infinity. Although GameFi is still in the early stage of development compared to traditional games, under the wealth effect, GameFi's internal ecosystem is also being continuously improved and gradually stabilized, and game guilds have undoubtedly become an indispensable part of GameFi .

The new development model and business prospects have attracted the attention of capital. The game association ushered in a financing peak in the second half of this year. Yield Guild Games, Avocado Guild, BlockchainSpace, Crypto Gaming United, BAYZ, etc. have successively received investment. It can be said that the chain game association has become a special explosive track. At present, the game guild is still in the bonus period, and there is still a lot of room for development.

December 23rd, Game GuildCosmic GuildCompleted a US$1.5 million seed round of financing, led by Binance Labs, with participation from DeFiance Capital, Alameda Research, and Play Ventures. Funds will be used to expand the Cosmic Guild's portfolio of NFT and game assets, providing more opportunities for Cosmic's community of gamers.

Cosmic Guild is mainly based on the Vietnamese chain game market,According to statistics from the data platform GameMarketCapAt present, there are more than 40 play to earn chain games launched in Vietnam. Although Axie Infinity is popular in the Philippines, it is also developed by Vietnamese game developer Sky Mavis. Well-known game developers in Vietnam also include Sipher (representing the chain game World of Sipheria), Wolffun (representing the chain game Thetan Arena), TopeBox (representing the chain game My DeFi Pet), etc. It can be said that Vietnam is in a leading position in the chain game development market, and Cosmic Guild also has the advantage of being close to the water.

Cosmic Guild makes the following judgments on the future development model of play to earn chain games, and believes that the business provided by Cosmic Guild caters well to market demand:

  • The complexity and skill requirements of play to earn chain games will increase.Game developers are experimenting with various play to earn models, committing larger budgets and creating more complex in-game economies. How, without the proper infrastructure, knowledge, time or operational capacity, it is very difficult for players to cope with these difficulties. The Cosmic Guild provides Guild members with the operational resources needed to manage capital at scale, pairing them appropriately to optimize yield.

  • The community remains a key driver of GameFi's growth.Gaming is a social activity where we compete with others, face challenges with friends, or have a second life in a virtual world. A well-established guild can bootstrap a gaming community and accelerate growth.

  • Games will be fun and appealing to real gamers.Axie Infinity is the forerunner of play to earn games, but it still has a lot of shortcomings in terms of gameplay. The playability of future play to earn games will be better designed to attract real players to enter the game, thereby promoting the internal circulation of the game economy, thereby extending the game traffic cycle.

These judgments coincide with the four-stage theory of play to earn chain game development of the research institution Nansen. At present, most of Cosmic Guild's business models are based on YGG's reference, including recruitment training, loan incentives, targeted marketing, scholarship support, etc., and also have their own innovations. Cosmic Guild has an efficient operation team. The business model of the game guild itself does not have deep industry barriers, but efficient operation is very important. The operation team of Cosmic Guild has rich experience and strong execution ability. At present, the Cosmic Guild has more than 600 scholar students, covering games including Axie Infinity and Pegaxy.

Generally speaking, the current development of Cosmic Guild is still in a very early stage, but the business model is clear, the operation is efficient, and the capital is strong (Binance Labs leads the seed round, and the chain games on BSC are also quite popular, which can effectively integrate resources) At the same time, the industry is still in the early dividend stage, the first-mover advantage is obvious, and the future is worth looking forward to.

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