NCXC GameFi Platform Business Introduction
On December 22, 2022, Turingum Corporation will launch the NCXC GameFi Platform, a game distribution platform specialized for blockchain games, as an initiative to enhance the value of NCXX Coin (NCXC) issued in February 2017 by NCXX Group, Inc. The NCXC GameFi Platform, a game distribution platform specialized for blockchain games, will be developed.
This article provides an overview of NCXC and its future prospects.
NCXC GameFi Platform
The NCXC GameFi Platform provides a system that allows existing games to be easily converted into Play to Earn games, and deploys those games and games developed by the Nexus Group on a single platform.
The NCXC GameFi platform provides a system for games to award points to players based on their game performance, and users can convert their points to NCXC.
This system allows the world's most popular and high quality games to be converted to GameFi and placed on the platform. Game developers can easily convert their games to GameFi to add new appeal to their games and attract more users.
NCXC GameFi Platform Solves the Problem
The NCXC GameFi platform solves problems for both GameFi and existing Web2 games.
The first challenge on the GameFi side is short lifespan.
The barrier to entry is low due to the simplicity of many of the game systems, but the downside is that users can easily become bored with the games. In particular, if users become bored with Play to Earn games, the market for utility tokens may collapse. When this happens, the value of NFTs that can be used in-game declines, and they are often sold on the NFT marketplace.
With the NCXC GameFi platform, however, we can expect that even after the game boom has passed, the value of NCXC will not drop as much because it can be used in other games. The NFTs are also developing systems that can be used in other games, which will continue to ensure the value of the NFTs for their usefulness in games. In addition, since existing high-quality games will be operated as GameFi, there is a high probability that they will be of higher quality than existing GameFi, reducing the risk of boredom.
The next challenge for Web2Game is that many games are no longer in service.
Currently in Japan, 96.4% of app games are discontinued within 5 years. Games from large companies that can spend more on advertising and quality tend to get the most attention, and many casual games are being eliminated.
However, the NCXC GameFi platform makes it easy for games that are no longer in service to be replayed as GameFi, adding new appeal and a fresh take on a market that is a blue ocean compared to the typical game. The growth of the platform will make it easier to attract customers, making it a very ideal playback opportunity.
SIX POKER
While the NCXC GameFi platform is still under development, NCXX Group inc. has released a game as a stepping stone. The game is called SIX POKER, a new type of poker game that allows players to play Texas Hold'em poker with a six-card hand.
In SIX POKER, you can earn NCXX points by completing missions.
NCXX points are also distributed according to the results of the game, making the battles more serious and rewarding for the users.
Download SIX POKER from here!
App Store
Google Play
Roadmap
We have now completed the release of SIX POKER, and the system that actually grants NCXC based on the amount of NCXX points held is now in operation. This implementation is a major stepping stone to realize the release of the NCXC GameFi platform.
In 2024, a system will be released that will allow game companies to easily issue NFTs, and the NCXC GameFi platform will be fully functional at this time.
Summary
The development of the platform overcomes a major weakness of the GameFi business, and it is a product with great potential, even among the myriad of GameFi currently in the market.
It is a product that can contribute to the salvation and expansion of the industry by providing new experiences for both users and game developers.
If you are interested in GameFi or any of the other Web3 businesses, please feel free to contact us through the inquiry form on the services page.
NCXX Group Inc.
The company's businesses include metaverse digital content business, IoT solutions, and crypto asset and blockchain business.
The group also has travel agencies and financial product sales companies, which can also use NCXC as a utility token.
Trade name: NCXX Group Inc.
Location: 5-13-3 Minami-Aoyama, Minato-ku, Tokyo
Representative Director: Naoki Ishihara
Establishment : April 21, 1984
Corporate website : https://www.ncxxgroup.co.jp/
Turingum
We offer Web3 business consulting, blockchain system development, and NFT/SBT services.
We are posting about Web3, about our research in Turingum, about the tools we use for development, etc. on NOTE. For more information, please visit the following link.
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Turingum's business direction
About Turingum and its history
Trade name: Turingum inc.
Location: 6-7-2 Minami-Aoyama, Minato-ku, Tokyo
Representative Director: Hiroki Tahara
Establishment: June 7, 2019
Corporate website: https://turingum.com/