With the explosion of the metaverse sector, a new game model is emerging where players have the opportunity to generate substantial income by practicing their passion. To get by and perform in these “Play-To-Earn” universes, they tend to ally themselves and form guilds. Discover BlockchainSpace, a platform that supports guilds in their development in metavers.
BlockchainSpace, the “Play-To-Earn” guild management platform
Guilds struggle to keep up with the metaverse boom
Recently, play-to-earn blockchain games such as Axie Infinity and Aurory have become increasingly popular. They are attracting more and more players, interested in the idea of generating income in cryptocurrencies, simply by playing. And to face these hostile and competitive worlds, players prefer to unite and form guilds.
As the metaverse creates new economic opportunities for users around the world, guilds will continue to grow and take on the appearance of real businesses. However, most guilds are currently struggling to grow their communities due to the lack of appropriate benchmarks, player management tools, or data on guilds in the ecosystem.
BlockchainSpace wants to help guilds and their players to develop serenely in the world of metaverses. Defining itself as a logistical, analytical and financial hub, it intends to provide the digital and financial tools necessary to improve their management.
BlockchainSpace, the professional management platform for players
Through BlockchainSpace, guild managers will be able to become more professional by benefiting from relevant logistic, administrative and financial management tools. For example, the enterprise resource planning dashboard allows to automate all payments, manage cash flow, accounting or simplify HR services.
But what they are more interested in is helping their players perform against competing guilds. With BlockchainSpace, guild managers will have access to the Guild Insights Report, a report that compiles global guild data, performance metrics and a comparative overview of the Play-To-Earn ecosystem. For the more ambitious, they can even build their own dashboards with the Guild Data Feed.
In addition, BlockchainSpace constantly analyzes the ecosystem to identify the best economic opportunities among the quantity of existing “Play-To-Earn” games. As you can see, the goal of the platform is to simplify the life of guild managers so that they can focus on their development and performance.
Finally, BlockchainSpace will allow guilds to access funding more easily by bringing the foundations of decentralized finance (DeFi) on its platform. At the center of it, we find its native token, the GUILD, whose roles we will describe in the rest of this article.
The backbone of the ecosystem, the GUILD token
At the heart of the BlockchainSpace ecosystem, we find the GUILD token, around which revolve all the functionalities that we present below. More concretely, the GUILD will find its use with a tripod of users: players (or guilds), video games and investors.
Use cases for gamers
Within the BlockchainSpace ecosystem, the reference currency will be the GUILD token. All financial transactions, whether with another guild or with BlockchainSpace itself, are in GUILD. For example, when a guild uses one of the services offered by BlockchainSpace and mentioned above, it makes its payment in GUILD.
In this way, BlockchainSpace encourages users to own GUILD tokens and to consume them. Moreover, GUILD holders can block their tokens to receive premium access to dashboards. This feature is especially relevant for guilds that are already well established and are looking to optimize their performance in order to sustain themselves over time.
Regarding emerging or still young guilds, they will have the possibility to access funding to get started and take off. Indeed, BlockchainSpace exploits the power of the financial levers of the DeFi and in particular one of the most classic, the loan and borrowing system.
Indeed, loans can be taken by guilds to build their communities or accelerate their growth. In return, investors can deposit capital and let their funds work by investing in the guilds.
Finally, for those with a competitive spirit, the GUILD token is also embedded in MetaSports (BlockchainSpace’s sister company) which organizes Web 3.0 native esports tournaments such as the Lunacian Scholarship League.
Interests for games and investors
As you can see, the GUILD token plays multiple roles within the BlockchainSpace ecosystem itself. In addition to the potential increase in the price of the GUILD as the community grows, BlockchainSpace exposes several additional elements to attract investors.
Owning GUILD tokens grants the right to take part in the decentralized autonomous organization (DAO), invest in a promising guild, gain discounted access to ecosystem features or partner games, and finally receive NFTs or exclusive content from partners.
Finally, blockchain “Play-To-Earn” games are also invited to use the GUILD token to advertise to guilds and encourage them to participate in their games. However, it will be important to watch that this option does not overlap with the platform’s feature of highlighting the most promising games.
In its GitBook, BlockchainSpace explains that it wants to develop as many use cases as possible for its token in order to increase the demand for it. The goal is to encourage gamers, investors and video games to hold and keep their tokens. Thus, BlockchainSpace hopes to see the value of the GUILD grow as it develops.
In conclusion, a proven model
At the time of writing, BlockchainSpace has more than 2,685 guilds registered, with more than 690,000 players worldwide. And for good reason, the company has been very active and efficient in surrounding itself with the main players in the blockchain “Play-To-Earn” game sector, namely Axie Infinty and The Sandbox.
Moreover, BlockchainSpace’s success extends beyond the borders of its field of activity, as the company has managed to convince investors to join the adventure. During the month of November, in less than two weeks, the company announced the successful closing of two fundraisings of $3.75 million and $2.4 million. Led by Morningstar Ventures, the second one brought together Crypto.com, Alameda Research and OKEx Ventures.
Although the BlockchainSpace platform already has a number of users, if you only discovered it today, you are definitely not behind. On the contrary, you have the opportunity to participate in the public sale of its token GUILD runs until December 11, 2021, which will put into circulation 7.5% of the total supply.