Article Summary, Automatically Generated By AI
Summary
- The gaming industry has adopted blockchain technology, creating virtual economies with “play-to-earn” incentives.
- Monetization methods include licensed software, subscriptions, merchandise, advertising, and price competitions.
- Blockchain technology has disrupted the financial services industry, with gaming being the second major industry affected.
- Matrak is a gamification platform that extracts economic value from DeFi and distributes passive yield to gamers based on performance.
- Crypto asset exchanges generate revenue from trading commissions, listing fees, and withdrawal fees.
- Decentralized Exchanges (DEX) like UniSwap share passive yield with liquidity providers.
- Matrak taps into this passive yield, rewarding gamers with real cash-based returns.</li
Introducing the Matrak Fan Token: A Revolutionary Asset for the Devoted
The gaming industry has warmly embraced blockchain technology, giving rise to successful ventures that have created virtual economies offering “play-to-earn” incentives to gamers, as exemplified by Axie Infinity. As an industry that has thrived on monetizing screen time spent by participants, various methods have been explored by start-ups and established firms, including licensed software or “as-a-service” subscription models, merchandise sales, in-game item sales, branding-based advertising revenue during in-game entertainment, and price competitions, all of which intersect with a financial model. Blockchain technology has not only disrupted the financial services industry but has also had a profound impact on the gaming industry, with both fungible and non-fungible tokenization methods being experimented with by a growing ecosystem of gaming industry start-ups. Matrak, a gamification platform, extracts economic value from DeFi and distributes passive yield to gamers based on their performance. Trading of financial assets, a real-sector economic activity for stocks, bonds, commodities, and derivatives, has given birth to the cryptocurrency exchange industry. Crypto-asset exchanges generate economic “value-added” from trading commissions, listing fees, withdrawal fees, and other charges. Decentralized Exchanges (DEX) like UniSwap have extended the sharing economy to liquidity providers, distributing a passive yield from trade commissions. Matrak taps into this passive yield as an over-the-top (OTT) service built on existing DeFi platforms like UniSwap, rewarding gamers with real cash-based returns.