With the continuous innovation and development in the field of blockchain and cryptocurrency, GameFi (game finance) has become one of the high-profile emerging areas in the digital economy. GameFi combines traditional games with financial elements to provide players with more participation and profit opportunities. Among them, the integration of casual games and NFT (non-fungible tokens) has injected new vitality and possibility into financial gameplay. LoserChick is one of the representative projects that combines GameFi and NFT with innovative gameplay.
Based on the comprehensive upgrade of the BTC ecosystem, LoserChick launched the IDO Launchpad of the Web3 digital asset management and traffic aggregation platform L7 on March 15, 2024, and started a 7-day IDO fundraising period until the end of March 22 on March 25. PancakeSwap is open for trading on the daily launch. During the 7-day IDO, a total of US$3.81 million was raised, and a total of 4,217 addresses participated in the IDO, with a fundraising ratio of 381.22%. The highest increase after listing on PancakeSwap reached 246%. After slight adjustments, a steady upward trend was opened.
With the popularity L7 IDO brings to LoserChick, we will continue to explore and analyze LoserChick’s value attributes and important innovations in the industry.
L7 IDO joins hands with LoserChick
L7 IDO is a core business unit based on L7 DEX. It is a launch platform for high-quality startup projects and focuses on promoting project development and innovation in the decentralized finance (DeFi) ecosystem. IDO is the abbreviation of Initial DEX Offering, which is a token issuance model on DEX. L7 IDO provides a platform for project parties and investors to easily issue and invest in tokens, promote the development and innovation of more high-quality projects, and provide investors with a safer and more transparent investment environment. L7 IDO has the following key features and advantages:
1) Decentralization: L7 IDO issues tokens on decentralized exchanges, which is different from traditional IPOs (initial public offerings) or token issuance methods on centralized exchanges, ensuring a higher degree of decentralization and transparency.
2) Project incubation: L7 IDO not only provides token issuance services, but also provides incubation support to project parties, helping projects from the concept stage to the development stage, providing them with technical, marketing and other support.
3) Investor protection: The L7 IDO platform provides investors with more information and protection by reviewing and evaluating projects, reducing investment risks and increasing investor confidence.
4) Liquidity support: As part of the decentralized exchange, L7 IDO provides liquidity support to enable project tokens to be traded in a wider market. Projects after the IDO fundraising is completed can be used with L7’s farm products Carry out in-depth cooperation with L7’s platform currency LSD or other tokens in the ecosystem to form multi-currency earning and single-currency earning products to improve the diversity and flexibility of investment and transactions.
5) Community participation: L7 IDO attaches great importance to community building and participation, and allows community members to participate in project development and decision-making through community voting, proposals, etc., to enhance community cohesion and the sustainable development of the project.
The perfect combination of game entertainment and financial innovation
Traditional game entertainment usually focuses on the entertainment experience of players, while GameFi turns game participants into more active economic participants. The characteristics of casual games are that they are easy to use and quick to play. Combined with NFT technology, they provide players with more opportunities for game income and asset appreciation.
LoserChick is the world's first 3D "pinch doll" game based on blockchain technology. The game page and gameplay are simple and interesting. Game experiencers can quickly get started and feel the fun. It is suitable for all ages and there is no pressure. While having fun, you can also experience the benefits brought by the game through Web3 financial gameplay such as liquidity mining, NFT casting, NFT prize exchange, and asset trading.
NFT empowers the value of game assets
As an application form of blockchain technology, NFT gives game assets real, unique and irreplaceable attributes. In casual games, players can obtain specific NFT tokens by completing tasks, collecting specific props, or achieving achievements in the game. These NFT tokens can not only be traded within the game, but can also be traded cross-chain with other games or platforms, increasing the liquidity and value of assets.
In LoserChick, NFT is the IP asset of the game. Players can trade on the NFT market, or exchange NFT cards to obtain huge BTC prizes. Together with the attractive prizes brought by the blind box, the entire game will be more entertaining. Attributes and value attributes are balanced.
The possibility of innovative financial gameplay
Through the combination of casual games and NFT, players can earn income through the game, and can also convert NFT assets obtained in the game into real income. For example, players can trade rare NFT game props to other players or auction platforms to obtain digital currency or other physical assets. In addition, NFT can also be used as collateral to participate in DeFi liquidity mining or lending, realizing asset appreciation and innovative financial gameplay.
In LoserChick, its innovative financial gameplay is reflected in the fact that in addition to using the platform token CHICK to participate in 3D "clip dolls", it also integrates various other tokens, upgrading from a single arcade to an arcade game hall in the Web3 industry, and obtains Huge Web3 traffic. The first batch of tokens planned to be connected include mainstream tokens such as BTC, ETH, and LSD, as well as inscription tokens such as Sats, Rats, and AVAV, as well as MEME coins such as Doge, Shib, and Pepe. LoserChick hopes to establish an asset system for the BTC ecosystem, open up the interoperability and transfer of tokens across the entire chain, and realize the coin application and circulation transactions of all chains and all assets.
At the same time, LoserChick’s token CHICK will also be launched on the farm earning products of L7, a Web3 digital asset management and traffic aggregation platform, and will be associated with other ecological tokens of L7 and LSD, allowing users to achieve success by holding CHICK and other tokens. The financial effects of earning money with multiple currencies and earning money with a single currency.
The development prospects of GameFi
With the continuous development of blockchain technology and digital asset market, GameFi, as an emerging field, will surely usher in more innovation and development. The combination of casual games and NFT is only a small part of the GameFi field, and there are more possibilities waiting to be explored and discovered in the future. As more and more players and investors join the GameFi field, GameFi will become one of the indispensable and important components of the digital economy.
In this dynamic and innovative GameFi field, the combination of casual games and NFT brings new vitality and possibilities to financial gameplay. With the further development of technology and market, we can expect to see the emergence of more interesting and innovative GameFi projects and gameplay, injecting new impetus and vitality into the development of the digital economy.
BTC ecosystem’s first full-chain GameFi
As the IDO of LoserChick, the first full-chain GameFi project in the BTC ecosystem, ended and went online for trading, we saw the ingenious combination of blockchain technology and game finance, as well as new possibilities for digital asset management and investment. This is not only an affirmation of innovation, but also an expectation for the future development of the entire industry. LoserChick will promote the innovative development of the BTC ecosystem in the field of game finance and bring new vitality and opportunities to the entire blockchain industry. At the same time, as the first project, it will also pave the way for the development of more similar projects in the future and contribute to the ecological construction of the blockchain industry. Let us look forward to the success of this project and the greater prosperity and growth of the BTC ecosystem in the future!
Webside：https://loserchick.fi/
Twitter：https://twitter.com/Chick_Labs
Telegram：https://t.me/loserchick2024
Medium：https://medium.com/@loserchick99
