Although at the beginning of 2022, the overall market trend was sluggish, the trading volume of the NFT sector was not affected at all, and it continued to break through previous highs. Statistics show that in January this year alone, the NFT transaction volume reached 6.13 billion US dollars. In the whole of last year, the trading volume of NFT exceeded 13 billion U.S. dollars, and the trading volume in January this year was close to half of last year. Among them, NFT assets of the game and metaverse nature account for a large proportion in liquidity and market value.

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Problems faced by GameFi games: P2E and playability imbalance, high development threshold

GameFi is a new thing based on the traditional game model, which further introduces the token economic model and builds on the blockchain, and features Play-to-earn. It subverts the ideological depth of traditional Internet games, and players can earn income while contributing attention value and time.

Even in the context of the global COVID-19 pandemic, many out-of-school youths in Southeast Asia rely on P2E to make ends meet. This has also led more and more people to pay attention to the GameFi sector, so you have to admit its charm. Starting in 2021, after the phenomenal GameFi applications represented by Axie infinity, The SANDBox, Raca, etc. exploded in the industry, more and more development teams began to pour into the GameFi field, and ushered in an increase in the number of GameFi applications. We can think of it as one of the breakthroughs in the development of the traditional game industry.

At present, the GameFi sector as a whole is still in the early stages of development. Although P2E is the main advantage of the GameFi sector, it is difficult for most GameFi applications to balance the relationship between game fun and P2E. The purpose of more users participating in GameFi is to earn TOKEN Instead of playing for fun. The future development trend of GameFi will definitely be that getting fun from games is the main purpose rather than using it as a "money-making tool", and earning income is also an add-on.

At this stage, the higher P2E revenue has become the main factor for GameFi games to attract users to participate, which further leads to poor logic and playability of the games, leading to the "short-lived" phenomenon of many popular GameFi applications in the early stage (this is similar to In the early stage of DeFi development, the chaos brought about by liquidity mining), so putting the cart before the horse will cause the overall economic ecology of the application to be full of bubbles, and the sustainability of P2E is poor.

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FamilyParty,How to serve the GameFi plate?

From a market perspective, the vast majority of traditional game users prefer games with high-quality game models and continuous playability. Although P2E is an attractive point for them, but GameFi wants to subvert the traditional game field, and high-quality game models are the key.

FamilyParty is expected to continue to export high-quality and high-level GameFi games for the GameFi sector. FamilyParty is a game integration platform that integrates Metaverse, NFT and GameFi, and it is also an ecosystem that serves GameFi in an all-round way and is autonomous with DAO.

FamilyParty can provide services for game users and GameFi application developers.

For game users, the FamilyParty ecology will create many high-quality game products, and allow the vast majority of players to get a good game experience from the game, and at the same time get corresponding P2E returns. And any game from the FamilyParty ecology will have a high-quality game model, and further weigh the relationship between P2E and fun.

The development team of FamilyParty is the key to ensuring the playability of games within the ecosystem. The core team of FamilyParty is from Vietnam and is an experienced game industry team. Team members have held core positions in well-known game manufacturers such as UBIsoft, Yoozoo, and EA games. They have been engaged in the game development industry for many years, have more traditional game product copyrights, and can fully combine well-made traditional games with interesting blockchain games . In addition, Southeast Asia is a region with relatively developed GameFi development. High-quality applications in the GameFi sector, such as Axie infinity, and the top P2E guild YGG are all from Southeast Asia, so FamilyParty’s resources in the GameFi sector are also their advantage.

For developers, the FamilyParty ecology is expected to build a bridge between the traditional game industry and the GameFi field, helping more excellent traditional games to enter the blockchain world at low cost and high efficiency. For example, provide them with a reference to the token economic model, smart contract security audit, etc., so that more high-quality game development teams can enter the GameFi sector, and put the development focus on the game logic, so as to continuously provide fresh blood for the GameFi sector the goal of.

The FamilyParty platform has many functions, including NFT trading market, Launch platform and game guild.

NFT is the most important production tool in GameFi applications, and it is also a right confirmation tool. The FamilyParty ecosystem has its own NFT trading market to further ensure the liquidity of NFT assets in the ecosystem. Users can freely buy and sell NFT (including characters, equipment, etc.). In order to provide a better user experience, NFT will also provide a packaging function in addition to being sold separately. Multiple NFTs are traded at one time, and a 10% transaction fee is charged for each NFT transaction, and the proceeds will be used for the repurchase and destruction of governance tokens. The NFT packaging transaction function will further enhance the liquidity of FamilyParty ecological NFT assets.

FamilyParty has its own IDO distribution module, which provides a public distribution channel for games and NFT, helping the project grow early. The IDO module will focus on high-quality GameFi and NFT projects, and provide flexible whitelist terms for projects. This will provide a strong impetus for the early launch of some high-quality GameFi games, and the high quality of GameFi itself is of course the key to the early market enthusiasm.

Game guilds also play a very important role in the game itself. For example, Axie infinity has expanded its ecology to the world under the promotion of YGG and other guilds, and high-quality game guilds represented by YGG and AG are also constantly seeking high-quality games. GameFi application. FamilyParty injects the support of the game guild into the game product ecology. The in-depth cooperation with the game guild will help the game to quickly complete the accumulation and growth of early users, and at the same time ensure the steady growth of the game's core revenue. The FamilyParty platform will also continue to enrich its functions, provide guilds with customized game characters, and further empower the FamilyParty game ecology.

Although at this stage, the high-quality ecology represented by Solana, Terra, and Avalanche can support some Web3 applications, but its customization is slightly lacking. FamilyParty also plans to develop a public chain that serves its own ecology, just like Axie infinity built Ronin, to better provide infrastructure for the development of the GameFi sector.

The FamilyParty ecology itself uses DAO as the governance model. Its co-founder Nick Matias once said in a previous AMA that "if you cut off the head of a spider, he will die; but if you cut off the legs of a starfish, it will grow A new leg, and the previous leg will grow a new starfish.”, in the FamilyParty platform, the decision-making power is delegated to the FPC holders, who can manage and operate the rules, and write them in the form of smart contracts On the block chain, everyone is participating in the platform's smart contracts openly and fairly.

FPC is the only functional token of the FamilyParty ecology, and will undertake corresponding functions in terms of governance, ecological basic circulation currency, Staking and IDO. With the continuous development of the ecology, FPC will also continue to produce deflation such as repurchase and destruction, etc. , and empower the ecological depth.

Market Progress of FamilyParty Ecology

At present, FamilyParty plans to launch a test version of Infinite Force, the first GameFi application in the ecosystem, at the end of February 2022.

It is understood that Infinite Force is a real-time strategy card game that combines battle card gameplay and blockchain technology to create a fast-paced competition among legions, where players can duel with others and collect rewards of NFT items and tokens .

Infinite Force was inspired by the legendary Clash Royale, a remarkably simple yet difficult to master online battle arena game. Infinite Force is a fusion of action, collectible card game, tower defense and real-time strategy. In Infinite Force, players will get a variety of activity systems, including cards, missions, PVP, PVE, guilds and tournaments, etc., which will be launched gradually and orderly. The rough, bold, and cute NFT character image is also one of the characteristics of Infinite Force.

The sale of Infinite Force's NFT blind box will start on the 28th, and users with whitelists can give priority to mint NFT blind boxes. These NFTs will be card characters in the game Infinite Force. If you are interested, you can follow the official Twitter@ FamilyPartyGame

In addition to Infinite Force, FamilyParty is currently developing a second GameFi game and is expected to announce it soon.