Formless to integrate Polkacipher’s NFTzie for improved user experience in blockchain gaming
As we continue to facilitate a more accessible, seamless, and interoperable metaverse, Polkacipher is incredibly excited to partner with Formless integrating our proprietary bridge technology for an improved blockchain gamer experience.
Polkacipher will be working closely with the Formless team to integrate NFTzie into their dapp, allowing users to track their NFT assets in one dashboard easily. NFTzie offers the world’s first NFT bridge and suite of tools, including but not limited to Multichain NFT scan and other data pointers. Leveraging the NFTzie bridge, dapp users such as Formless can use this to see all of their NFT assets in one place from all the supported chains with a single click of a button.
With a burgeoning blockchain gaming industry, Formless enables gamers, NFT enthusiasts and digital collectors to easily find their favourite games while helping every game find their targeted fans. Moreover, with its emphasis on superior UI/UX for gamers, Formless reduces the entry barrier for new users into the blockchain gaming ecosystem to its bearest minimum. And with this, it hopes to facilitate a more tightly knit ecosystem of gamers where several needs such as publication, forum, social networking and in-game item trading are integrated into one platform — Formless!
Beyond lowering entry barriers for new users in the industry, Formless protocol aggregates liquidity from several NFT trading platforms to improve the efficiency of deal matching and the volume of NFT transactions.
With room for more collaboration between Polkacipher and Formless, the GameFi movement, which combines functions such as staking — native to DeFi and the recently improved interests in NFTs, is expected to keep growing, contributing to a projected $200 billion industry by 2023.
About Formless
Formless is a one-stop gaming platform encompassing gaming portals, in-game items trading, game rankings, social media attributes and game publications. It aims to be the Steam of the GameFi world.
With its optimized token economy, Formless can better facilitate gaming asset exchange, game value realization, and replayability. Formless will establish a gaming ecosystem fund to incubate innovative blockchain games and facilitate the integration of traditional games into the blockchain gaming space, prolonging the gaming life cycle with play-to-earn (P2E) attributes.
As of 2020, there are nearly 3 billion gamers worldwide, a 15.6% increase compared to 2019. Today’s traditional gaming market is extremely competitive, leading to progressively shorter game development cycles and shorter game shelf lives. Traditional in-game assets also don’t truly belong to the gamers. Video game assets tend to be hosted in centralized systems. Hence only for entertainment and consumption purposes with no play-to-earn attributes. In today’s market, blockchain games are less entertaining and most of them can be repetitive. With information fragmentation, high entry barriers for newcomers due to poor UI/UX, lack of integration of games on different chains has been the cause of limited user growth.
Formless was created to solve those pain points mentioned above. Formless can be the ultimate destination for playing, discussing, and sharing gamers’ favorite games. For games Formless also provides a one-step NFT card generation integration service to aggregate in-game item marketplace trading volumes. Formless strives to continuously improve the blockchain gaming ecosystem and help the next generation of blockchain games commercialize on a large scale to make it more mainstream.
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About PolkaCipher
PolkaCipher is a privacy-preserving oracle network on the Polkadot Blockchain focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps.
PolkaCipher’s unique offerings help push the use-cases of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps (Dapps) and real-world business rewards.
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