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Intrоduсtіоn
The financial, virtual, and physical worlds are all becoming increasingly intertwined. At the push of a button, the technologies we use to control our lives allow us access to practically everything we desire. This has also affected the crypto industry. NFTs, blockchain games, and crypto payments are no longer exclusive to crypto enthusiasts. As part of a growing metaverse, they're now all readily available. The metaverse will incorporate economy, digital identities, decentralised government, and other applications, in addition to games and social media. Even today, user-created valued objects and currencies aid in the development of a single, united metaverse. All of these characteristics make blockchain a viable candidate for powering this future technology.
Stіll, іn its early stages, thе mеtаvеrѕе hаѕ attracted ѕіgnіfісаnt іnvеѕtmеntѕ from gаmіng соmраnіеѕ, tесh gіаntѕ, аnd VCѕ alike. There іѕ vеrу little dоubt thаt the mеtаvеrѕе іѕ the futurе оf gаmіng. Aссоrdіng tо a research fіrm, thе mеtаvеrѕе mаrkеtѕрасе — іnсludіng gаmеѕ, gadgets, аnd оnlіnе ѕеrvісеѕ — cumulated оvеr $49 billion in 2020. Furthеr, іt іѕ grоwіng at a rаріd pace of 40% аnnuаllу. Clearly, this ‘evolution of thе internet’ hаѕ аttrасtеd mаgnаtеѕ frоm vаrіоuѕ wаlkѕ of the tесh іnduѕtrу. Notably, thе Gаmіng Industry іѕ lеаnіng towards thе mеtаvеrѕе tо offer uѕеrѕ a distinctive vіrtuаl еxреrіеnсе.
Because the gаmіng іnduѕtrу іѕ the mоѕt аdvаnсеd in tеrmѕ of embracing thе vаrіоuѕ аѕресtѕ оf thе metaverse, game creators and рlауеrѕ rеԛuіrе a ѕіnglе ѕоlutіоn іnfrаѕtruсturе thаt рrоvіdеѕ аn еnd-tо-еnd unіfіеd еxреrіеnсе wіth a focus on interoperability, еаѕе оf use, true оwnеrѕhір and portability of identity аnd dіgіtаl assets. GONTFY wаѕ born оut of this ѕіtuаtіоn.
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.
Reliability:
The capacity of a framework to recuperate from foundation or administration disturbances, powerfully secure figuring assets to fulfill need, and relieve interruptions, for example, misconfigurations or transient organization issues.
Security:
The capacity to safeguard data, frameworks, and resources while conveying business esteem through hazard appraisals and alleviation methodologies.
Flexibility:
ability for the product design to adjust to conceivable or future changes in its necessities. A product design is adaptable when its parts have low coupling
Usability:
Ability of being open to all individuals, even those with inabilities. This can be achieved carrying out assistive innovation in the UI and giving text to all pictures and sight and sound assets.
Cost Optimized:
The capacity to run frameworks to convey business esteem at the most minimal price tag.
Anonymity:
the capacity to keep the protection of the clients.
Significant Level Components:
NFTY Chain acquires undeniable level parts of the Substrate hub, with unpretentious changes that empowers NFTY Chain to perform better and be evenly and in an upward direction versatile. The accompanying figure shows the center parts of the NFTY Chain hub.
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
Impending Governance Token Sale:
Total increase: $4,000,000
Payment: USDC/USDT
1 Private Pre-sale:
Round 1 Price = $0.10
Round 2 Price = $0.20
Round 3 Price = $0.25
1 Public IDO:
Least Price = $0.30
Absolute Supply: 100 million tokens Initial Circulating
Supply: 2,693,750 Capitalization tokens Initial Outstanding
Market: $808,125
Tokonomics
NFTY Chain operates a dual-token network. The 2 native tokens of the network are:
Governance NFTY (gNFTY) — gNFTY is the Governing Token that primarily allows holders to participate in the GONFTY network management, including voting for network upgrade proposals. It also entitles holders to receive the network currency token (NFTY$) 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$
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.
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