With the explosion of the metaverse sector, a new game model is emerging where players now have the opportunity to generate substantial income by playing 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 hub
Guilds struggle to keep up with the metaverse boom
Recently, blockchain-based play-to-earn games such as Axie Infinity or Aurory have been gaining in popularity. 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 join forces 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 with relevant logistical, administrative and financial management tools. For example, the enterprise resource planning dashboard will automate all payments, manage cash flow, accounting or simplify HR services.
But what they are most interested in is helping their players to perform against competing guilds. With BlockchainSpace, guild managers will have access to the Guild Insights Report, a report that compiles global guild data, performance indicators and a comparative assessment of the Play-To-Earn ecosystem. For the more ambitious, they can even build their own dashboards thanks to the Guild Data Feed.
In addition, BlockchainSpace constantly analyses the ecosystem to identify the best economic opportunities among the quantity of existing “Play-To-Earn” games. As you can see, the aim of the platform is to simplify the life of guild managers so that they can concentrate on their development and performance.
Finally, BlockchainSpace will make it easier for guilds to access funding by bringing the foundations of decentralised finance (DeFi) to its platform. At the centre of this is 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: gamers (or guilds), video games and investors
Uses 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 the dashboards. This feature is particularly relevant for guilds that are already well established and are looking to optimise their performance in order to sustain themselves over time.
For emerging or young guilds, they will be able 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 contracted 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 integrated into MetaSports (BlockchainSpace’s sister company) which organises Web 3.0 native esports tournaments such as the Lunacian Scholarship League.
The interests of gambling and investors
As you can see, the GUILD token plays multiple roles within the BlockchainSpace ecosystem. In addition to the potential increase in the price of the GUILD as the community grows, BlockchainSpace outlines several additional elements to attract investors.
Owning GUILD tokens grants the right to take part in the decentralised autonomous organisation (DAO), to invest in a promising guild, to have discounted access to ecosystem features or partner games and finally to 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 ensure 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 demand. The aim is to encourage gamers, investors and video games to hold and retain their tokens. In this way, BlockchainSpace hopes to see the value of the GUILD grow as it develops.
Tokenomic of GUILD (Source: BlockchainSpace website)
In conclusion, a proven model
At the time of writing, BlockchainSpace has more than 2,685 registered guilds, 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. In less than two weeks this November, the company announced the successful closing of two fundraising rounds of $3.75 million and $2.4 million. The second round was led by Morningstar Ventures and included 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 by no means behind the times. On the contrary, you have the opportunity to participate in the public sale of its GUILD token runs until December 11, 2021, which will put 7.5% of the total supply into circulation.
