The SeeleN Ecosystem Is About to Unveil Its First Game Project While Entering the Field of GameFi
Since its emergence, blockchain technology has remained a revolutionary concept to date and continues to influence the existing traditional industries. And in the last two years, GameFi has been changing the $200 billion gaming industry. SeeleN has repeatedly emphasized that it would enter the field of GameFi in 2022 after opening the ecological development. Initial achievements have thus far been made.
GameFi is a combination of Game and DeFi concepts. Through blockchain technology, game assets are transformed into tokens, NFTs and on-chain assets, with verifiability and liquidity.
The relationship between developers and players has also gradually changed from enterprises and consumers to a community of interests, bringing value growth to the game together. In 2021, game UAW accounted for 50% of DeFi, and game NFT took up 20% of the total NFT transaction. In 2022, these figures continued to rise.
As an ecological network that has begun to take shape, SeeleN can provide a good foundation for the development of GameFi projects.
From the perspective of the basic design of the blockchain network, the SeeleN network adopts the BFT-based POS consensus mechanism, and has the characteristics of fast transmission speed, low transaction gas, and EVM compatibility. When the GameFi project is running, the SeeleN network has the conditions to provide large-scale and high-frequency transactions to ensure the rapid response and normal operation of the project’s services. Moreover, projects running on the Ethereum network can be seamlessly transferred to the SeeleN network.
In terms of governance model, SeeleN adopts the DAO governance mechanism. After each ecological project is incorporated, it will ensure its decentralized operating model through community autonomy, and the same is true for game projects. DAO’s governance model can effectively avoid the current operating model of traditional game industry, where developers centralize game operation, and help players acquire the right of participation and governance of the game.
With regard to infrastructure construction, SeeleN currently owns the CandySwap decentralized exchange. It opens interfaces to all ecological projects, and all projects can apply for SeeleN Turbo ecosystem fund support. After the game project is incorporated, there is no need to worry about transactions and capital issues, and the transaction infrastructure construction of the project can be completed quickly.
The design and governance model of the SeeleN network is a good foundation for the ecosystem to enter the GameFi field. To date, the SeeleN ecosystem has prepared a number of different types of GameFi ecological projects, and the first blockchain game project will be officially announced soon.
About SeeleN DAO:
SeeleN DAO is a collaborative autonomous ecology based on the SeeleN public chain and co-created by the ecological community. The ecology is aimed at incorporating and incubating high-quality projects in all fields, including metaverse, NFT, GameFi, DeFi, energy, etc. The development, construction and governance of the whole ecology are coordinated and governed by all ecological participants.
