PFP New Era: Gameta's "Democratized NFT" Vision

After the controversy surrounding the new Azuki series, the PFP NFT market has experienced a wave of turmoil. This not only led to a significant drop in the floor price of Azuki but also posed dual challenges of reputation and price for the entire "blue-chip NFT" sector. This marks the formal decline of PFPs lacking practical application scenarios, and the so-called "blue-chip NFTs" like "Bored Apes" have completed their historical mission.

However, crises often give birth to opportunities. The end of the old narrative of PFP also provides an opportunity for the transformation of the NFT track, beginning a new phase supported by practical scenarios and achieving large-scale applications.

During the previous bull market cycle, a large amount of capital flowed into the NFT space, giving rise to top "blue chip NFTs" such as Bored Ape and Azuki. This made NFTs a game exclusive to seasoned players and big investors in the crypto circle, with prices often reaching tens or even hundreds of ETH.

However, this wave of NFT frenzy essentially remains at the abstract level of ownership. Whether it is the mapping of real artworks on the chain or the on-chain native PFP forms, they have not truly realized the "non-fungible" characteristics of NFTs.

Gameta is committed to realizing the vision of "mass-market NFT". Unlike high-threshold projects like Bored Apes, Gameta collaborates with game developers to provide a low-threshold access platform. Through ultra-casual games as a vehicle, it offers ecological services such as blockchain wallets, NFT empowerment, and online social interaction to every player.

This model allows a large number of players to familiarize themselves with and enter the Web3 world while experiencing Web3 games similar to ordinary casual games. Through mechanisms such as IP assets, NFT games, and the value interconnection of the metaverse dimension, the general public also has the opportunity to share in the development dividends of Web3 and NFT.

Gameta's goal is not just to become the "Steam of the Web3 world", but to create a general entertainment platform aimed at a broader user base, similar to the "Disney of the Web3 world". It hopes to bring more incremental users into the Web3 world through the democratization of NFTs, creating a self-sustaining NFT game entertainment matrix.

To achieve this goal, Gameta has chosen ultra-casual mini-games as the entry point. Although these games have simple graphics and easy-to-understand rules, they possess a strong user affinity, making it easy for players to get "hooked". By constructing an NFT gaming entertainment matrix composed of multiple ultra-casual mini-games, Gameta hopes to enhance user stickiness.

In this ecosystem, the practical value of NFTs is fully realized. User rewards increase with deeper participation, and the game rewards presented in the form of NFTs also have combinability. This way, the appreciation of NFTs has actual scenarios and revenue support, breaking free from the dilemma of relying solely on narratives.

Gameta has launched dozens of casual games, with several more applications in development. It is reported that Gameta's products and services have surpassed 8 million on-chain users, and its activity ranks first among entertainment and gaming products on the BNB Chain, accounting for over 27% of active users in this category.

To lower the entry barrier for users, Gameta has deeply integrated the technology of Particle Network, realizing a login and wallet middleware based on multi-party computation and account abstraction. This allows Web2 users to directly access Web3 products through familiar login methods (such as phone numbers, emails, Google accounts, etc.), greatly enhancing user experience and conversion rates.

Gameta has an experienced team in the development and publishing of casual games, with core members having many years of experience in the overseas gaming and Web3 fields. In addition, Gameta has a deep connection with BNB Chain and Binance, having been selected for the BNB Chain Web3 Accelerator program and received investment from Binance Labs.

In the BNB Chain ecosystem, Gameta stands out significantly. In the past 30 days, Gameta has had over 240,000 active game players, ranking first among all game-related DApps on BNB Chain, far surpassing other competitors.

As the wave of the Web3 revolution advances, gaming remains one of the best landing applications. Against the backdrop of the current transformation of the NFT market, how to integrate NFTs with more practical application scenarios, especially in conjunction with carriers like games, may become a new opportunity for NFTs to achieve a "paradigm shift." Although this proposition is filled with uncertainties, it is precisely the charm and opportunity of the new solutions provided by Gameta.