🗝️Game-Fi Economy
Last updated
Last updated
To build a new kind of game economy where the community members are also owners in the economy they help create, requires a different mindset. A crypto economy attracts new types of people, beyond just the players, given the opportunities waiting to be unlocked in such an economy.
Broadly speaking we anticipate there being two types of community members in the RGU ->
Active Players -> Those engaged solely in gameplay through which they generate new economic opportunity
Passive Players -> Those who don't participate in gameplay but engage in background transactions to support players by enhancing the environment or providing tools for players to play the game
In this section, we talk about how we aim to introduce De-Fi elements to the RGU to enable both types of community members to unlock rewards from their efforts ->
Renting & Leasing NFTS
Staking RUSH
RUSH DEX
One of the biggest challenges in building a mobile-only Web 3 gaming platform is the complexity of onboarding users onto a token economy. On top of that, many players in emerging countries have the time to play but not necessarily the funds (see Game-Fi for our solution).
Through our rental and lease system, we plan the solve both these problems in one go. The dream state is for a user to download the app, pick an NFT & from whom they'd like to rent the Avatar, and begin playing.
A system for mutual agreement between a Player & Renter will be devised to ensure transparency and credibility in the overall system, all built on smart contracts. This would include lease duration, revenue share and any other relevant information to the transaction.
Staking is a way to reward our long-term community members with privileges such as access to certain exclusive content on the gaming platform, and through their efforts in playing the game, they will be able to earn RUSH incentives under the Play-to-Earn mechanism. To establish healthy staking behaviour in the economy, we believe it's important to:
Staking Rewards to be linked to active gameplay and participation
Foster a long-term mindset amongst the players and community
Staking RUSH tokens will also be the way to vote and influence decisions in the governance of the Rush Gaming Universe.
Providing a seamless user experience is incredibly important to foster a healthy game economy. We will over time introduce our own decentralized exchange to swap game tokens.
This will enable our players to do everything from within the Rush App vs having to send tokens to exchanges in order to trade them.
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