By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Formless and Web3: The world’s first Web3-gaming aggregation platform is online
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > PRESS RELEASE > Formless and Web3: The world’s first Web3-gaming aggregation platform is online
PRESS RELEASE

Formless and Web3: The world’s first Web3-gaming aggregation platform is online

PR.Dept
Posted PR.Dept April 1, 2022 683 Views 6 Min Read
Updated 2022/04/09 at 2:27 AM
Formless,Formless web3, web3
SHARE

“The current gaming industry is oligopolistic, and the Big Tech giants monopolize users and data for a profit. The rise of GameFi has changed the existing gaming rules — players are now able to independently control assets and data, transforming gamers from consumers to ’gold diggers,’” said Devin Bennie, founding member of Formless. “We have seen the development trend of Web3 and the power of GameFi to reshape the future of the gaming industry. At present, GameFi is still in its early stages, and there is a lack of diversification, poor user experience, a high threshold for player participation, incomplete ecosystems, poor decentralization and more. Formless was born as an offer for these demands. Our purpose is to build an open-chain game aggregation platform, linking games, gamers, guilds and the whole GameFi community. It will become the infrastructure of GameFi in the Web3 era.”

In practice, Formless aims to become the world leader in GameFi aggregation services, creating a suite of comprehensive features in the Web3 ecosystem, streamlining existing industry processes to optimize the user experience and empowering both players and games. The mission is clear: become the “Steam of GameFi” for the Web3 and metaverse revolution. Formless is going to create a free, open and fair Web3 portal that is fit to replace the existing regime, simplifying blockchain gaming by making it more integrated and user-friendly.

One can conclude that the Web2 gaming environment is exploitative of both gamers and games that rely on monopolistic suppliers that fail to distribute profit fairly. This status quo must change entering the Web3 era.

So what are the main challenges that Formless will face and solve? From a gamer’s perspective, the major issues are the high entry barrier for non-blockchain users, assets being impossible to manage across chains, scattered information on GameFi easily, and there being no all-comprehensive GameFi aggregation platform. Games also suffer due to an unfair model imposed by Web2 game aggregators. For pioneers moving into the GameFi sector, it can be quite hard due to the lack of a solid player base and guild outreach.

Formless,Formless web3, web3

Formless is promoting a decentralized multichain platform where the play-to-earn model will be the framework for developers and players. Users will have absolute ownership of their content, data and assets and a granted protection of their privacy. In addition, they will also join a community of gamers that can get access to more than 200 of the platform’s partnered blockchain games and the latest and most complete information on the GameFi sector with the Formless dashboard.

Gamers have the unique opportunity to participate in initial game offerings (IGOs) and initial node offerings of Formless-listed GameFi projects through its launchpad. The Formless launchpad will support innovation in GameFi, promoting the best projects in the GameFi industry to all Formless gamers and community members and allowing them to invest from the very beginning.

Formless has its own purpose-built GameFi wallet that can support multiple public blockchains and help users to solve deposit and nonfungible token (NFT) asset management issues. The Formless NFT marketplace has different features and provides different services to the end-user, from mystery boxes and NFT issuance to NFT rentals in version 2.0, adding new dimensions to the secondary market while reducing barriers to entry.

Formless recently tweeted about the imminent launch of the Genesis Node Program. The whitelist is opened, and users can get access to 30,000 Genesis Nodes.

“The Formless team and the decentralization offered by its platform is far better than Gala. By joining the Formless Genesis Node Program, it is possible to participate in upcoming IGOs and get additional rewards,” said a gamer who has recently joined the Genesis Node Program. “I am very optimistic about the Formless team and its project. They are very capable, and I love what they are doing for the GameFi community and the NFT space as well.”

The first batch of 100 recruits will enjoy a 20% discount, and the nodes will receive many benefits, such as the launchpad whitelist. Hurry up, as nodes are limited.

Formless is composed of industry veterans from Huobi Global, Tencent Gaming, Okcoin and more. In the future, Formless will also launch an ecological fund to support the development of the GameFi industry and gradually build an autonomous community through its co-builder plan.

Formless,Formless web3, web3

The team is active in building a solid ecosystem around the project, and recently it launched its GameFi acceleration program, partnering with some industry-leading NFT marketplaces and launchpads with the goal of sharing the liquidity of high-quality GameFi projects. Participants include BitKeep, NFTb, Shambala, Cherry Swap, Spores, CheersLand and Airnfts.

Useful links:

  • Website – https://www.formless.me/home
  • Twitter – https://twitter.com/formlessgamefi
  • Telegram – https://t.me/formless_official
  • Discord – https://discord.com/invite/FvrSHWZmCK
  • Medium – https://medium.com/@Formless.Official

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Washington state heading towards blockchain tech. Washington State Heading Towards Blockchain Tech | As The State Governor Finally Approved A New Bill.
Next Article Humble DeFi, Humble DeFi suite, blockchain,defi wallet, defi, defi yield protoco HumbleSwap aims to make DeFi safe for everyone, launches today
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest News

The Metaverse is Alive and Thriving Experts Reveal its Enduring Potential
The Metaverse is Alive and Thriving: Experts Reveal its Enduring Potential
Guide METAVERSE May 31, 2023
Israel Crypto Conference
Israel Crypto Conference Highlights Essential Security Practices for Web3 Startups
News May 31, 2023
Beijings Web3 White Paper Unveiled to Drive Innovation and Propel Industry Growth
Beijing’s Web3 White Paper Unveiled to Drive Innovation and Propel Industry Growth
News May 30, 2023
Join us
Ad imageAd image

You Might also Like

Non Fungible Conference the leading experimental web3 event focused on NFT
PRESS RELEASE

Non Fungible Conference, the leading experimental web3 event focused on NFT

May 27, 2023
BlockchainUNN Conference 2.0 One of the biggest Blockchain Conferences in the South East Nigeria
PRESS RELEASE

BlockchainUNN Conference 2.0; One of the biggest Blockchain Conferences in the South East, Nigeria

May 27, 2023
Fintech Festival Asia 2023 to Highlight the Role of AI and Digital Payment in Fintech
PRESS RELEASE

Fintech Festival Asia 2023 to Highlight the Role of AI and Digital Payment in Fintech

May 11, 2023
Bored Apes Set to Host a Stunning Yacht Party and AfterParty Experience at BlockDown Festival Portugal this July
PRESS RELEASE

Bored Apes Set to Host a Stunning Yacht Party and AfterParty Experience at BlockDown Festival Portugal this July

May 9, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

Removed from reading list

Undo
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Register Lost your password?