Guilds that appeared at that time Play to Earn The boom is evolving along with the cryptocurrency gaming industry. Now, GuildFi has announced plans to rebrand: gentryThe plan is to create an integrated “super layer” that rewards players across all types of games, not just across multiple blockchains, but also Web2 games and even real-world social experiences.
The company started in 2000. axi infiniti One, we have a scholarship program that lends out in-game players. NFT In return, you get a cut of your play-to-buy income. Still, Guild Pie pursued a broader goalIt outlines plans for a cross-game ID that would accumulate points across a variety of games and reward players for their participation.
Now, the upcoming blockchain-based Superlayer under the Zentry banner will pull data from cryptocurrency and NFT games, as well as games users play on the Web2 platform, as founder and CEO Jarindr Thitadilaka said in a press release.
Games are still at the core of these experiences, but Zentry has a bigger goal: to reward users for all kinds of social and entertainment activities. For example, social media interactions and real-world activity tracked through a soon-to-be-launched app will also impact this goal.
According to Thitadilaka, Zentry’s flagship Radiant app will serve as an interface for users, allowing players to progress and earn rewards based on their activities across blockchain applications, traditional gaming platforms, social media and the real world. Imagine achieving your fitness goals or reaping the benefits of consistently drinking coffee every day.
“Our play economy is the next generation of Play-to-Earn, expanding its reach beyond Web3 or games,” said Thitadilaka. Decrypt. “Every play, every win, every moment within them not only enriches the gaming legacy, but also benefits the real world, empowering gamers like never before.”
As part of its rebranding efforts, Zentry will launch a new ZENT token. Existing GuildFi (GF) token holders on Ethereum can exchange them for ZENT at a 1:10 exchange rate through the web portal.
GuildFi has raised over $140 million in funding in 2021, primarily through community token sales, as well as investments from high-profile companies such as Binance Labs, Coinbase Ventures, and Animoca Brands. The company said its assets are still worth more than $100 million. The beginning of 2024Covers cryptocurrency assets, tokens and assets through investment, and owned NFTs.
Zentry’s change comes soon after Yield Guild Games, one of the biggest contemporary games of the Axie Infinity era. reveal your changes—From the guild itself to a protocol that empowers other guilds. Yield Guild is working with a variety of game creators to integrate guild technology to allow players to seamlessly team up and collaborate within blockchain games.
For Zentry, the goal is to unify all of a user’s gaming, social and entertainment activities and merge them through a shared, rewarding interface. Thitadilaka explained that the game will have the feel of a massively multiplayer online role-playing game (MMORPG), complete with story elements that will draw players into a deeper experience.
He said community members would be able to vote on governance, initiatives and rewards, but Thitadilaka said the game world he envisions is not a DAO. Decentralized autonomous organization (Dao) aims to be completely decentralized and governed by community consensus, with a decentralized community structure where control is not hierarchical.
Thitadilaka expressed skepticism about the practicality of a fully decentralized ecosystem today, citing the potential negative consequences when “everyone does whatever they want” and instead favors a more controlled and participatory model as Zentry takes off. suggested.
“Our gaming universe has expanded beyond a typical DAO,” he said. “A unique ecosystem stack comprised of four vertically integrated cores, including a blockchain infrastructure connecting Web2 and Web3 data, a suite of apps for players, and a multi-IP world that deepens engagement through compelling narratives and collaborative IP partnerships. Features:
Thitadilaka believes that the blockchain industry is full of infrastructure and games that cannot attract a sizable audience due to technical complexity and other high barriers to entry. They only focus on Web3 gamers and exclude the much wider world of Web2 players. Zentry is designed to bridge this gap.
“We are here to solve this problem and leverage underutilized systems and communities. We need to not only evolve with the cryptocurrency gaming industry, but also take responsibility for that evolution,” he said.
