GameFi’s market cap has increased to US $55.38B in February 2022. The market cap of Blockchain Gaming is expected to reach $50B in 2025. This growth rate is 10x that of traditional gaming.

GameFi is simply a fusion of the words “game” and “finance.” It combines cryptocurrency, blockchain, NFTs, and game mechanics to create a virtual environment where players participate and earn money in the process. GameFi operates on a “play-to-earn” model.

Blockchain gaming is expanding at an incredible rate. GameFi is a hot topic in cryptocurrency right now. New developments are being seen at an increasing rate due to the promising gameplay and economic incentives.

FREY: The traditional gaming industry is evolving

FREY is an ecosystem designed to explore the gamefi industry. The platform examines current market capital, active player base and industry players.

FREY’s uniqueness is that it extends blockchain use beyond simple value transfer to more complicated metaverse applications like FREY DAO and GameFi. Future plans include FREY Pocket as well FREY smart chain.

FREY‘s main line of comparison lies within the traditional gaming market with the same players being targeted as our audience. The company is developing a novel, unobtrusive method of linking a virtual world to Blockchain features. FREY could attract millions of players and provide greater revenue opportunities.

Decentralized governance (DAO).

FREY’s decentralized network operation cannot be separated from DAO’s governance. DAO continues to run through intelligent contracts and codes transactions and rules on the blockchain. It offers FREY many benefits and allows for openness, justice, and autonomous operation.

FREY will continue to develop and release its ecological applications, until FREY is established in order for it to be completely decentralized. FREY’s DAO governance adopts the incentive mechanism of general certification, which will be used as the value storage carrier to capture and solidify the growing value of the protocol network.

FREY Framework

The FREY platform architecture consists of many components. To support the web frontend, there is a traditional backend that runs on cloud computing for blockchain integration. A bucket in S3 is used for storing the artwork of an artist, before it gets minted.

We currently ensure artist’s work privacy (to prevent their work being copied before minting), but we are looking to the future for a system to stop us from seeing the work of artists pre-minting.

This is an overview showing the architecture in all its components.

FREYGLOBAL Foundation

FREYGLOBAL FOUNDATION initiated the FREY project. In the exploration of the Metaverse and GameFi ecology, FREY’s success is inseparable from the strong support of the Foundation. FREY reached an agreement with several platforms to cooperate due to the technical and financial strength of the Foundation. FREYGLOBAL FOUNDATION is committed to supporting the FREY project’s growth and the advancement of blockchain technology.

FREYGLOBAL FOUNDATION works in various capital markets. They establish a financial management team that identifies investment opportunities and manages risk.

Recent developments: FREY is a popular topic

Let’s take a quick look at FREY’s near-term roadmap.

– FREY IDO SALE: FREY will be holding IDO on DODO Platform, giving out 1500 Whitelist spot for random lucky Winner’s.

– Blind box sale: users will draw various game items through the blind box sale.

– FREY games launched: the first launched game will be the Farm&fun, which is one of excellent games in the FREY ecosystem.

– Open DEX trading pairs: to bring users a better trading experience, more DEX trading pairs will be opened.

– FREY Wallet application launched: the FREY Wallet is under development and will bring users a special wallet application experience in the future.

– FREY Chain application launched: through the combination of GameFi, Wallets and Public-chain, FREY will bring users a complete and free virtual world.

– DEX applications developed: DEX Apps will have more market advantages, which is also one of the focuses of FREY in the future.

– More ecological development and cooperation: for the exploration of blockchain, metaverse, GameFi, DeFi, NFT, and DAO, FREY will never stop.

Details about FREY IDO SALE & Whitelist contest

– Launch date: April 6th

– Crowdpooling Token Allocation: 150,000 FREY

– Crowdpooling Hard Cap: 150,000 USDT

– Crowdpooling Token Price: 1 FREY = 1 USDT

– Personal Hard Cap: 200 USDT

– Whitelist slots: 1500

– Vesting mechanism: TGE 50%, Linear vesting in 2months

– Mainnet: BSC Bep-20

– Timeline: Whitelist campaign and address collection (March 25th – April 4th). Crowdpooling starts at 20:00PM on April 6th 2022 UTC+8 Singapore Time. Crowdpooling ends at 20:00 pm April 9, 2022 UTC+8 Singapore Time. Token TGE (April 10th).

– Note: FREY contracts have passed CERTIK security audit. FREY IDO SALES will add liquidity to all USDT and provide liquidity protection.

Let’s meet in the future

With a solid product roadmap in place, we have the top team and the vision to create a virtual gaming platform that players can use to own and monetize their games. We also plan to spread blockchain technology as the leading technology in gaming.

With the possibility to draw millions of gamers and increase revenues, we have the opportunity. Future, virtual and better on-chain ecology is here. Join FREY to join the amazing world of metaverse.

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