1. Introduction
The concept of GameFi has appeared and existed for a long time in cryptocurrency but has not received much attention from the community. GameFi began to assert its position since the global pandemic appeared, the cryptocurrency market, and the Play-to-Earn model became more popular. All of the above events have become pieces of the puzzle in the right place at the right time, setting the stage for the real boom of the GameFi in 2021.
With the great boom of GameFi in 2021, many blockchain game services have been launched, facilitating capital flows into the industry.
Based on the development trend of this technology, it won't be long before NFT, and GameFi technology will become the bright spot of the whole market with their practical applications. NFTs (Non-Fungible Tokens) open the possibility of storing digital assets to ensure ownership, transparency, and integration of transaction capabilities on the Blockchain. GameFi allows users to both engage in entertainment and generate monthly income by combining a financial mechanism with the game industry. Therefore, digital asset ownership is promoted in the Internet era, becoming the second world of man.
The community recognizes the BNB chain as “The Land of GameFi” This is evidenced by outstanding GameFi projects along with records in both user and trading volume.
NFTs will become the core technology in the Metaverse world. It can determine ownership of digital assets or enable asset trading within the Metaverse world through a trading center based on Blockchain technology.
In addition, the demand to buy and own digital assets is growing faster than ever. GameFi not only interacts on 2D or 3D graphics but also allows players to directly become their favorite hero or character. With the above arguments, there is a growing demand for gaming platforms that integrate Metaverse and NFT.
King of Legends is a metaverse platform built specifically for the GameFi project. The project focuses on building a comprehensive ecosystem for game players, investors, and game developers. In the world of King of Legends, NFTs are optimized so that users can feel the possibility of owning valuable digital assets during the journey. Not just a gaming platform but much more!
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