Recently, GameFi has become another key buzzword in the industry after DeFi. It refers to innovative and economical games developed on the basis of blockchain technology and cryptocurrency, with “Play To Earn” (P2E) as the most important feature.
From this it can be concluded that “GameFi = DeFi + NFT + Game”. Benefit from the game through matchmaking, replicas, socializing and other gameplay. Somehow, this feature breaks the convention that game assets belong only to the game development company and creates the opportunity for players to gain financial growth through the game.
According to DappRadar, a total of 1,070 game DApps had been launched by November 10, 2021, and the transaction amount and user volume of a single day peaked on October 1 and October 7, respectively, with the highest daily transaction amount reaching $ 484 million and the largest number of users reached 1.33 million in a single day. In particular, the recent performance of the blockchain games represented by the play-to-earn economic model is exceptionally noteworthy. The total market capitalization of tokens in the play-to-earn category exceeded $ 25 billion on Nov. 7, a record high, according to CMC.
The mania attitude of the market for the blockchain games, especially GameFi, has attracted more and more developers, gamers, and publishers to join the frenzy.
PuddingSwap is the largest decentralized exchange in the Hoo Smart Chain (HSC) and the first decentralized project in the chain to integrate trade and mining. PuddingSwap’s Dessert Empire, a pudding-themed NFT card game, offers players eight animal chef character decks. When baking pudding with raw materials, users can add the revenue of the lockpool by pledging the NFT cards. These cards are then tied to the “cooking profession” in order to participate in the pudding production and to be “paid”. In the near future, Raw Materials NFT, Cooking Utensils NFT, Cooking Combat Mode, Food Court NFT Trading Platform and other areas will also be gradually added to this Dessert Empire.
According to the official announcement, the Chef NFT Blind Box of PuddingSwap Dessert Empire on HSC closed its pre-sale on November 11th at 8:00 p.m. (GMT + 8). The total number of blind boxes was 300, each blind box costing 3500 PUD and all sold out within 30 seconds. The blind boxes will be opened on November 15th at 8:00 p.m. In addition, the Chef NFT blind box will be officially available for sale from November 15th to 22nd at 8:00 p.m., with a total of 1,700 blind boxes at a price of 5,000 PUD each.
With the support of the PuddingSwap protocol, it can be seen that Hoo Smart Chain is vigorously advancing the on-chain NFT ecology. HSC officially launched on May 8th, 2021, and PuddingSwap completed its deployment to HSC 3 days later as the first batch of on-chain applications. To date, the HS has developed several protocols in various mainstream tracks such as DEX, lending and aggregators. In the past few months, HSC has attracted NFT developers and projects and invited them to implement on it to bring new ecological NFT scenarios to users. At the same time, HSC ecology will also make global marketing resources available to its on-chain developers.