Chainplay

Chainplay
As game lovers are well aware, the Legends of Elysium (LoE) has garnered a great deal of support from numerous companies. The latest to join the bandwagon is the exceptional “ChainPlay”. We’re delighted to introduce them as the new game partner for the ever outstanding LoE.
Meticulously crafted to serve as the go-to hub for all things related to blockchain gaming, ChainPlay is a true game-changer. It provides gamers a consolidated, simplified lens into the multifaceted world of GameFi market, eliminating the need for individualised research on each prospective crypto gaming venture. Thanks to ChainPlay, real-time, aggregated insights into potential investment opportunities and significant events in the play-to-earn gaming space are now at your fingertips – ultimate time-saver, isn’t it?
The fusion of virtual gaming and decentralised finance, commonly referred to as GameFi, dominated the crypto world, particularly in the latter part of 2021. Given the industry’s nascent stage, it’s noteworthy that about 68% of its investors came on board within the past year, particularly in the last two quarters.
As the GameFi market develops, factors such as community, backers & partners, and teams hold significant roles. A thriving community, according to an impressive 69% of investors, is crucial in investment decisions. Backers and partners, which 66% of investors regard as vital, are not far behind. Gameplay is another essential element cited by 51% of investors when considering GameFi investments. Tokenomics is deemed most important by 49% of investors, while 38% give higher priority to in-game economy design, and 31% place value on graphics. A minor 4% are guided by other considerations.
There’s no doubt, having ChainPlay as a game partner will bring a new layer of depth to the immersive and enthralling world of Legends of Elysium. Their commitment to consolidating and simplifying the complex yet fascinating nexus of blockchain gaming is an invaluable addition to the gaming industry. We look forward with bated breath to see how this partnership evolves.
ChainPlay is a one-stop hub for all-things blockchain gaming. The platform is tailor-made to help crypto gamers get aggregated information from many areas of the GameFi market. Instead of researching each crypto gaming project individually to know its potential, investment opportunities, and events, ChainPlay consolidates and gives users all this information in one platform. This aggregated, real-time information saves you time and ensures you remain ever knowledgeable of the happenings within the play-to earn gaming space.
GameFi, the blend of virtual gaming and decentralised finance, took over the crypto space especially in late 2021, when the sector was at its peak. However, sentiments about this virtual gaming economy are getting more critical by the day. Through the survey, we hoped to understand from a first-party point of view how GameFI is doing presently. Let’s explore some of the findings we gathered.
The GameFi industry is still in its infancy stage. This means that most investors haven’t had a very long investment period. In fact, 68% of GameFi investors only joined the market in the last 12 months, with many getting on board during the last two quarters of 2021.
When it comes to the factors you need to consider before investing in a GameFi project, community, backers & partners, and teams still rank as the most important. 69% of investors believe the vibrance of a project’s community is an important factor to consider when investing. On the other hand, 66% view backers and partners as the most important investment consideration. Trailing the first two considerations closely is gameplay, which 51% of investors believe to be the most important factor when considering a GameFi investment. 49% of other investors believe that tokenomics hold the most weight in their investment decision, 38% say it’s the in-game economy design, 31% consider graphics, while 4% of investors make other considerations.