Space Guild
Space GuildGamesTelegram
  • πŸ”±Space Guild
    • πŸ‘‹Welcome
    • ⚜️Space Guild Details
      • The Space Guild Platform
        • Game Overview
        • Need for Decentralized Gaming
        • Vision
      • Market Opportunities
        • Web 3 Potential
        • Blockchain Market Potential
        • GameFi
          • Space Guild in GameFi
      • Space Guild Services
        • Marketing Tasks
      • Space Guild's Business Overview
        • Space Guild Business Model
        • Key Advantages of Decentralization
      • Road Map
      • Conclusion
      • Official Links
    • πŸ”΄Latest News
      • πŸ’₯Quarter 3 Update
      • Token Launch and Alpha Testing Season
  • πŸ€‘P2E Games
    • πŸ”₯WarSindia
      • πŸ’ͺWhat is WarSindia?
        • Why Play WarSindia?
        • When Can I Play?
        • Website
        • Buy Army Boxes
        • Login
        • SignUp
      • πŸ“˜Sindia Prequels
        • The Legend of Sindia
        • Devil's War
        • Crazy Girl
        • Wordy Mage
      • πŸ“”Sindia NFT Novels
        • Omens of War
        • Rebellion of the Six Kings
          • Chapter One
          • Chapter Two
        • Era of Carnage
        • Coming Soon
      • πŸ•ΉοΈGame Details
        • Game Characters
          • Crusader Army
          • Revolutionary Army
          • Neutral Heroes
        • Game Characters 3D Update
          • Crusader Army 3D
          • Revolutionary Army 3D
          • Neutral Army 3D
        • Army Box
          • What's in the Army Box?
          • When Can I Open the Army Box?
          • How Much is an Army Box?
          • Player's Hand
        • Amber Hammer
        • Ancient Artifact
        • Game Guild System
        • Float Crystal
          • What Can I Do With Float Crystal?
          • What is an Alpha Float Crystal?
          • How Can I Retrieve My Army Box?
        • Resource System
          • How to Get Rewards
          • What is a Card Pool?
          • What is the Card's Rarity?
          • Will Card Change?
        • Economy
          • How Can I Sell My In-Game Items?
          • Is the Game Pay to Win?
          • Are There Tokens or Land for Sale?
        • Map Editor
        • Game Play
        • Road Map
      • ⚑Support
        • Password and Login
        • Where to Buy Boxes
        • Buy from the Website
        • Wallet
        • What is Blockchain?
        • What is a Non-Fungible Token (NFT)?
        • Notes For Army Box Safe Transaction?
        • Tutorials
          • English Tutorials
          • Tutoriales en EspaΓ±ol
            • Como Comprar Cajas de Armas con MetaMask
      • πŸ’₯About Us
        • Responsibility
        • The Team
        • Contact Us
      • β˜„οΈOfficial Links
        • Website
        • Telegram Channel
        • Main Telegram Group
        • Chinese Telegram Group
        • Twitter
        • Youtube
        • Discord
        • Instagram
        • Medium
    • πŸ’€Eternal Brawl
      • πŸ•ΉοΈGame Details
        • Game Background Story
        • Competitive Advantage
        • Play Role Summary
        • Heroes (Game Characters)
        • Summoning Stone
        • Hero Status
        • Unique Pet NFT
        • Official Links
    • πŸ’₯Bomb Park
      • What is Bomb Park?
      • How to Play Bomb Park?
      • Game Currency
      • Space Tickets
      • Mobile Bombs
      • Elemental Lords
      • Special Point Coupon
      • Open For Download
      • Pre-Sale
      • Whitelist Rules
      • Epic Box Benefits
  • πŸͺ™Token
    • πŸŒ—Tokenomics
    • 🐨The $Funny Coin FUC
      • 🐨GET FUC TODAY!
      • Vision
      • Target
      • The Current State
      • Token Empowerment
      • Token Supply Details
      • Token Consumption
      • Token burning and destruction mechanism
    • πŸŒ‘The $UGT Token
    • πŸ’ŽDiamond Token DNT
    • πŸ’ΈProject Advantages
      • Why Ethereum
      • Conclusion
  • ⚜️Space Guild Team
    • πŸ”₯About Us
    • πŸ’ͺTeam Introduction
    • β˜„οΈOfficial Links
    • ⚑Support
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  1. Space Guild
  2. Space Guild Details
  3. The Space Guild Platform

Need for Decentralized Gaming

Centralized VS Decentralized Gaming

According to Experts, the GameFi sector is currently valued at $55.38 billion US Dollars and is growing ten times faster than the traditional gaming sector due to its manifold benefits (Crypto.com, 2022). For instance, centralized gaming environments have always been susceptible to insider tampering, but that is not the case when blockchain technology is deployed.

The key differentiator is the manner in which the two ecosystems operate β€” while centralized require human intervention, the blockchain-based games make use of smart contracts that auto-execute. So, when certain predefined conditions in the code are met, a certain action is triggered automatically.

Furthermore, the use of blockchain technology ensures a very high level of transparency because all the transactions are recorded on a decentralized public ledger that is always available for scrutiny. Yet another benefit of using this technology is the elimination of gaming frauds which can range from financial frauds to rigged casinos and everything in between.

As a result, it overcomes the downsides of centralized gaming and paves the way for innovative revenue streams. For instance, the assets created on the Space Guild platform can be sold or staked to generate revenues. This can be done within or outside the platform and this interoperability accorded by the blockchain technology makes it a profitable proposition for the gaming community.

In this whitepaper, we shall elaborately discuss how the Space Guild project is structured to create a decentralized microeconomy powered by digital collectibles, the platform’s growth strategy, and the key differentiators that position it for success. The goal is to provide the reader with useful insights about this platform and its growth potential.

Last updated 2 years ago

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