Formless — An All-in-One SaaS-Based NFT Marketplace
2022-11-16 20:02
Formless
2022-11-16 20:02
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Formless — An All-in-One SaaS-Based NFT Marketplace

The genesis of or Non-Fungible Tokens (NFTs) became a hot trend and social phenomenon because it became the precursor for real digital ownership. Through NFTs, users can now truly own a digital asset that is verified by the blockchain. The effect of true ownership and real control of data and assets have a huge impact, especially on the gaming industry. Players can now own in-game assets and even earn from GameFi, which are games built on the blockchain.

NFTs and GameFi are integrated into the Formless Community, which uses Web 3.0 to generate value through social interactions among community members.

Various businesses and game developers consider the NFT market to be a success because of the expansion of better graphics and gameplay. Players who hold NFTs now have the opportunity to experience the exhilaration of earning while playing games, all thanks to blockchain technology. Last year alone showed a great number of players being on-boarded and games being built on the blockchain. The number of transactions both in-game and in exchanges showed a 2,934% increase at the end of the year.

Footprint Analytics — GameFi Transactions in 2021

Even with this projected growth, many GameFi projects are still having a hard time providing a sustainable economy for their users. A report mentions that “user experience ranks amid the top struggles in the industry, mainly because of gas fees and the complexity of buying, owning, and trading NFTs.” GameFi requires its users to interact with the blockchain which then generates a smart contract for every transaction. New users may find these things overwhelming and the usability is not that easy for the mass market.

Formless solves the user experience problem. Formless creates a professional GameFi aggregation portal with a one-stop service experience and becomes the Steam of GameFi. Formless is the world’s first game portal to integrate a wallet, community, and information perpendicular to the GameFi space. Our purpose-built GameFi wallet is compatible with many public blockchains, aiming to reach in-depth cooperation with thousands of top-quality blockchain games in the industry, Key Opinion Leaders (KOLs) internationally, well-known IPs, and game guilds. It is a self-developed independent wallet based on the GameFi ecosystem allowing game assets to flow freely and helping hundreds of millions of players to have a better experience in their games. With this convenient token economic channel, Formless can better promote the exchange of game assets, the realization of game value, and the empowerment of game economic value.

Through SaaS-based marketplace solutions, Formless helps GameFi projects construct and distribute in-game NFTs, sharing liquidity with the top 30 marketplaces across multiple chains.

With our all-in-one marketplace toolkit and comprehensive dashboard for monitoring NFT sales, you can quickly and easily create decentralized app marketplaces.

Build a blockchain game trading platform

Formless makes it safer and more convenient to perform NFT transactions, create GameFi value and NFT assets, develop a new economic model with stronger P2E attributes, and use P2E to extend the game’s life cycle. Formless provides credibility through meaningful partnerships and increases sales through platform traffic. Additionally, you can rent NFT through our platform.

Player NFT Value Empowerment

On the basis of NFTs, numerous Formless assets are issued. To establish a credit asset system for user players in the blockchain game and serve as user asset certificate and credit identity, NFT assets can be linked to any Decentralized app that supports Formless’ smart contracts.

The NFT empowerment in the ecosystem includes:

True digital ownership

Even if the game is closed or abandoned, players remain the true owners of their digital possessions forever. Every in-game item can be tokenized through a Formless NFT, allowing players to choose how they want to trade, sell, or give away their items.

Security and immutability

With the help of Formless metaverse management and promotion, digital in-game items can be tokenized and traded in the primary and secondary markets. Projects based on scarcity and demand usually lead to fraud and theft, but the blockchain is a distributed ledger, so these risks are minimized.

Trading

Users can have complete control over their digital assets with the Metaverse game platform, which is based on Formless. It is free to buy and sell things without worrying that the platform will shut down and remove the value of all game items.

Interoperability across applications

Formless makes it possible for games to make use of shared assets.It is possible to use assets, characters, land, and any other game elements in other games. No longer are these game props restricted to the digital ecosystem.

About Formless

Formless is a collection of revolutionary gaming infrastructure protocols and SaaS based toolbox designed to enhance user gamer experience, and enable gaming developers to build the next wave of Web 3.0 Dapps and games. Zero blockchain experience needed.

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