GameFI

The potential number of users and the amount of money invested in the online gaming sector is enormous. Opening your gaming project to the potential of blockchain technology and the Web3 community can attract a broader audience and provide them with unique earning opportunities. GameFi, which places more control in the hands of users, is the future of this industry.

SCROLL FOR MORE

What are Game Finance (GameFi)?

GameFi, short for Game Finance, combines the gaming sector with the financial space within cryptocurrencies. Implementing tokens allows for cryptocurrency payments for in-game assets. GameFi introduces innovative mechanics such as play-to-earn and stake-to-play, creating new pathways for players to generate income while enjoying immersive gameplay experiences. More importantly, this solution revolutionizes the approach to asset ownership and the ability to trade them on secondary markets. GameFi solutions are popular because they uniquely blend entertainment with earning potential.

Approach to GameFi Tokenomics

The financial aspect of GameFi implies certain solutions from the DeFi sector, enriched with incentive rewards. In the GameFi sector, it is particularly important to activate the community influenced by these incentive mechanisms. Therefore, we focus on maintaining a balance between economic stability and financial attractiveness. Every mechanism in the game is checked not only for token economics but also for its synergy with other system parts to avoid compounding feedback loops. Ensuring the proper functioning of all mechanisms and the efficient flow of tokens is key for optimal system performance and preventing depletion of any designed token pools.

PROBLEM

What areas do we help in?

Token Implementation

In planning projects within the GameFi sector, it is crucial to understand the client’s vision and the dynamics of the game where blockchain solutions will be implemented. The implementation of a token into the game’s financial system and its distribution involves designing and carefully considering player behavior. The economic layer outside the game must not be disrupted by in-game behavior and vice versa.

Economic Balance

GameFi projects often incorporate more than one token. We distinguish between soft currency and hard currency. Soft currency is responsible for transactions within the game environment, while hard currency is used for fundraising and introduces an investment aspect in the secondary market. Both currencies must be designed to ensure balanced dynamics, and their roles in the system must be clearly communicated in a way that is understandable to users.

Incentive Mechanisms

Creating an engaged community is key to the long-term success of a project. Digital games that resonate with an audience often enjoy long-term loyalty. Therefore, it is crucial to develop attractive and innovative solutions, starting from game rules and visuals to earning opportunities. Depending on the individual needs of gaming projects, it is worth implementing incentive mechanisms such as airdrops, DAOs, functions, special events for stakers, or collectible NFTs.

NFT Implementation

In addition to balancing the soft and hard currency spheres and the capital flow dynamics within the game, GameFi projects often choose to implement NFTs. In this context, NFTs can be used as assets that grant the buyer permanent rights. Thanks to blockchain technology, the asset in the game is assigned to a unique user wallet and can later be sold on the secondary market or outside the game ecosystem. NFTs can also denote levels or statuses in the game, granting access to exclusive events.

Mathematical specification and Digital Twin

Our team transforms your vision into reality through detailed mathematical specifications. These guidelines, documented in mathematical form, assist project developers and serve as a comprehensive manual for the developed solutions. Then, the entire design process is translated into an Economic Digital Twin, which consists of precise and reliable code written in the CadCAD language within a Python environment. This represents a digital embodiment of the entire system previously described in written form.

Assumption Validation

Our token engineers specialize in validating the assumptions of the entire project. By running hundreds of scenarios in the simulation process, we identify potential opportunities and threats to the system, ensuring the economic security of the entire system. We then develop detailed recommendations based on the simulation results, paying particular attention to the smooth flow of assets in the system and the dynamics between soft currency and hard currency in the context of GameFi.

Let’s Collaborate

Whether you have questions, collaboration ideas, or just want to say hello, we’re here and ready to connect. Your inquiries are important to us, and we look forward to engaging in meaningful conversations.

direct contact

Calendly Shedule online call

Email [email protected]

CONTACT

Our Expertise

We specialize in six key areas to ensure the success of your GameFi project

System Discovery

We enhance your GameFi project idea into concrete solutions and mechanisms, leveraging the experience and research of our team.

System Mapping

We map your system using methods such as Stock & Flow and agent relationship mapping to understand every asset flow and motivation within the GameFi system.

Mathematical Specification

Every mechanism we propose comes with a complete mathematical specification and working examples, making it understandable even for non-technical stakeholders and serving as guidelines for developers.

Digital Twin Creation

We create a digital twin, coded in CadCAD within a Python environment, which replicates your entire economic system before implementation.

Validation

This allows us to test the functionality and potential of all mechanisms, as well as understand the system dynamics, all before starting to write smart contracts. We anticipate project behavior under various conditions to test its resilience and adaptability.

Technical Implementation

Based on the created and validated system specification, we proceed to implement smart contracts. This step translates theoretical solutions into working technological components.

Building Trust Starts Here

Our company was founded on the principle of trust, a vital element in the rapidly evolving crypto and blockchain industry. We aim to demystify the complexities of crypto-economics, providing clear and reliable guidance.

Our focus is to build strong, trust-based relationships with our clients, ensuring they feel confident and supported as they navigate the cryptocurrency landscape with us as their trusted partner.

Schedule a free consultation

FAQ

Frequently asked questions

GameFi consulting provides expert guidance to define your project’s roadmap, stabilize economic mechanisms, characterize agents, create incentive structures and comprehensive project models. Additionally, you receive mathematical specifications, a digital twin, and confirmation of the system’s effectiveness through simulation results. This ensures your project is strategically positioned within the rapidly evolving GameFi environment.

Crypto Economics consulting involves analyzing and designing economic models within blockchain ecosystems. Our services include system discovery, stock and flow analysis, mathematical specifications, creating digital twins, conducting simulations, and overseeing technical implementation. We aim to optimize your project’s economic strategies for sustainability, growth, and adaptability in the volatile crypto market.

Yes! We can assist projects at every stage of development. Whether you have a well-defined vision that needs validation of assumptions or you’re just starting out with preliminary ideas that need to be translated into concrete mechanisms, we’re here to help. Our team can provide guidance from the initial phases of design to validation. We also offer support through blockchain development, ongoing operational support, and system evaluations. Our services are continuously evolving to meet the specific needs of our clients, allowing us to support other project phases as well. If you’re unsure whether we can help with your project, feel free to schedule a meeting with us.

To check the economic mechanisms of your game, conduct thorough simulations and modeling using tools like cadCAD or other economic analysis frameworks. This helps predict how in-game economies will behave under different scenarios and ensures balance and sustainability.

Connecting different assets in a game can be achieved through the use of blockchain technology and smart contracts. This allows for the seamless integration of various in-game items, currencies, and characters, ensuring they can interact and be traded within the game ecosystem.

Tokens can be implemented into all types of games, including the most popular: RPGs (role-playing games), MMOs (massively multiplayer online games), and strategy games. The key is to design the token’s utility to enhance the gameplay experience and provide value to players.

Yes, NFTs can be implemented into gaming systems to represent unique in-game items, characters, or achievements. This adds value by providing verifiable ownership and the ability to trade these assets on secondary markets.

System Discovery is the initial phase where we gather in-depth insights into your project’s goals, existing systems, and market environment. It’s crucial for understanding the core mechanics driving your ecosystem, allowing us to identify opportunities for optimization and innovation.

We use Stock & Flow analysis to map out the inflows and outflows of resources within your project, helping us understand the dynamics of your economic activities. This aids in identifying inefficiencies and opportunities for enhancing your project’s economic health.

Mathematical Specification involves translating your project’s economic concepts into precise mathematical models. These models serve as a blueprint for designing robust economic systems, ensuring theoretical soundness and practical viability.

A Digital Twin is a virtual replica of your project that allows us to simulate and forecast outcomes without risking actual assets. It’s a powerful tool for experimenting with different strategies and predicting potential issues in a controlled environment.

Simulations enable us to explore various scenarios and predict the behavior of your project under different conditions. They help validate our models, adapt strategies in real-time, and ensure your project is resilient and adaptable to market changes.

Technical Implementation is the process of deploying the developed models and strategies into working technology. This includes the setup of smart contracts, blockchain infrastructure, and ensuring the system is secure, efficient, and scalable.

Our models and strategies are rigorously tested through simulations that mimic real-world scenarios, including market fluctuations and user behavior changes. This ensures that our solutions are not only theoretically sound but also practical and adaptable.

Our firm stands out due to our comprehensive and tailored approach, which covers every aspect of Crypto Economics consulting from system discovery to on-chain validation. Our flexibility to engage at any project stage, combined with our expertise in modeling, simulation, and technical implementation, ensures that we can provide value-driven solutions regardless of where you are in your project lifecycle.

CASE STUDY

Case Study

GameFi Free-To-Play fusion of Trading Card Game & Board Game

Who will enjoy this case? This use case will interest people who want to incorporate crypto-economics into games or other entertainment platforms (GameFi). Web3 gaming is gaining popularity. There’s a

LEARN MORE

Tokenomics Explained – Tokenomics Depends on the context

The following article may prove extremely helpful and insightful for founders of various projects who wish to implement blockchain technology in their industries. If you plan to design a well-thought-out token

LEARN MORE

GameFi explained- Tokenomics in the GameFi Environment

What will you learn from this article? Why did GameFi develop so rapidly and intensely? What can blockchain offer to the gaming industry? What are the three key aspects of GameFi? How should token

LEARN MORE

TESTIMONIALS

What do our clients say?

Top Blockchain
Consulting Company 2023

Coinpaprika

Thanks to Tokenomia.pro’s work, the client was able to add a news section to their portal and integrate a new CRM on the backend. The team offered great project management due to their responsiveness and high-quality work. Moreover, their Web3 ecosystem knowledge was impressive.

Loyalz.io

Tokenomia.pro executed their tasks flawlessly and delivered everything on time. The reliable team communicated effectively and frequently, ensuring a seamless workflow. Their valuable insights and consulting support and cost-effective pricing made them stand out.

Legends of Elysium

Tokenomia.pro enabled the client to analyze and create marketing materials independently. The team ensured constant availability, provided quality documents, and was open to questions and concept changes. Their extensive knowledge, timely delivery, expertise, and cost-effectiveness were commendable.