Twitter Space AMA Recap —— " GameFi: Promisingoutlook in 2023 "

Qitmeer Network was invited to participate in Gamespace AMA on Twitter Space at 19:00 Beijing time on March 14, 2023. The theme was " GameFi: Promisingoutlook in 2023 " .

If you missed this AMA, don’t worry, the following is a conversation between the host and Qitmeer content/article writer Benjamin_Web3.

You can find our discussion of Qitmeer Network highlights here. Read it to learn more about Qitmeer.

———————————————————————————————————————

Intro about your project and background about yourself?

Benjamin: Qitmeer network is a blockchain platform that is designed to provide an efficient and secure infrastructure for decentralized applications (dApps) and digital assets.

Our platform is based on the Qitmeer blockchain, which has several advantages. First, technically, Qitmeer Network adopts a unique consensus algorithm called Ghostdag (Directed Acyclic Graph) protocol, which provides a high level of security and scalability. The second point is that in terms of infrastructure, Qitmeer Network is compatible with EVM and has complete infrastructure such as wallets and block browsers, which lowers the development threshold for developers. The third point is that in terms of user ecology, Qitmeer Network has hundreds of thousands of on-chain users, which can provide huge traffic support for on-chain ecology such as Gamefi. Therefore, Qitmeer Network is an ideal choice for a wide range of applications including games.

As a content creator and product manager for the Qitmeer network, my responsibilities include developing and managing content for our website, social media channels, and other marketing materials. I also work closely with our development team to ensure that our platform meets the needs of our users and that we are delivering innovative solutions to the market.

In my 4 years of experience in the blockchain industry, I have gained a deep understanding of the technology and its applications. I have also developed strong skills in community management, marketing, and product development. Prior to joining the Qitmeer network, I worked for several other blockchain companies in various capacities, including community management, content creation, and marketing.

At Qitmeer, we are committed to providing the infrastructure and tools that developers and gamers need to create and enjoy the next generation of gaming experiences. We believe that blockchain technology has the potential to revolutionize the gaming industry by providing gamers with new opportunities to earn real value for their time and skills. Our platform is designed to support this vision by providing secure and efficient infrastructure for dApps and digital assets.

Why are you supporting the Player One Tournament? What is your view on the GameFi space?

Benjamin: The Player One Tournament is an important event in the GameFi space, and we are proud to be supporting it. The tournament brings together some of the leading GameFi developers, investors, and players to showcase the latest innovations in the industry and explore new opportunities for collaboration and growth. As a key player in the GameFi ecosystem, Qitmeer is excited to be part of this important event.

We believe that the GameFi space has enormous potential to revolutionize the gaming industry and create new opportunities for players, developers, and investors alike. GameFi combines the best elements of gaming and blockchain to create a new gaming paradigm that breaks the convention of game assets belonging only to game development companies by digitizing them and allowing players to trade them freely, in a more immersive, engaging, and rewarding way.

However, since the development of GameFi, there are still three problems. First, excessive financialization and insufficient game value. Second, NFT is excessively issued, and the income certificate depreciates. Third, security issues, and contract loopholes are prone to irreversible loopholes.

GameFi is one of our important areas of concern. Qitmeer is committed to improving game playability and game experience to establish game sustainability. It hopes to help project parties establish a good game environment from the latitude of technology, economic model, and ecology, so as to Solve the current problems encountered by GameFi.

We also believe that GameFi has the potential to create new business models, new revenue streams, and new forms of engagement between players and developers. GameFi allows players to earn rewards for their time and skills in a way that is not possible with traditional gaming. This creates new opportunities for developers to monetize their games and for players to benefit from their time and effort. As a result, we see GameFi as a key driver of innovation and growth in the gaming industry.

In summary, Qitmeer is committed to supporting the growth and development of the GameFi space, and we see the Player One Tournament as an important event in this ecosystem. We believe that GameFi has enormous potential to revolutionize the gaming industry and create new opportunities for players, developers, and investors alike. We are excited to be part of this exciting new frontier in the world of blockchain, and we look forward to working with the leading players in the GameFi ecosystem to drive innovation and growth.

How is your project related to or involved with web3 gaming?

Benjamin: Qitmeer is actively involved in the Web3 gaming space by providing a secure and transparent platform for in-game transactions. Our blockchain technology is designed to ensure that these transactions are fast, secure, and permissionless. This makes it an ideal platform for Web3 gaming, where players demand a seamless and frictionless experience.

Qitmeer is built on the Qitmeer blockchain, which is a public, decentralized blockchain that uses the Proof of Work consensus algorithm. It is designed to be scalable and interoperable, which makes it an ideal platform for Web3 gaming applications. Our blockchain technology is also designed to be energy-efficient, which is an important consideration for game developers who want to reduce their carbon footprint.

We are working to integrate our platform with popular Web3 gaming applications and to provide a seamless experience for players. This includes developing APIs and SDKs that make it easy for game developers to integrate with our platform.

Qitmeer is developing the Qitsubnet technology that functions on the POA(Proof of authority) Consensus network with a block every 3 seconds, which is faster and easier to handle high-performance requirements.

Moreover, we are also developing a very user-friendly encrypted wallet: Kahf Wallet. Theft of encrypted wallets occurs frequently. Last year, BitKeep Wallet and Slope Wallet assets were stolen by hackers. Metamask ios-side potential risk vulnerabilities, these alarm bells let us know The security of encrypted wallets is taken more seriously. Kahf Wallet is committed to bringing users a better safe experience and making it convenient for users to store digital assets safely and quickly. Kahf Wallet adopts a humanized interface design in terms of UI vision, which is more conducive to beginners. Kahf Wallet mainly includes The following functions:

1. Multi-currency support: The wallet supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others.

2. Security: Kahf Wallet uses advanced security features such as two-factor authentication and encryption to ensure that users' funds are kept safe.

3. Easy-to-use: The wallet's interface is intuitive and user-friendly, making it easy for users to manage their assets.

4. Fast transactions: Kahf Wallet processes transactions quickly, ensuring that users can quickly and easily move their assets.

5. Mobile compatibility: Kahf Wallet is compatible with both Android and iOS devices, allowing users to manage their assets on the go.

6. Cross-chain swap: Kahf wallet has a swap feature that encourages swapping between chains. we are continuously working to give our users a much better experience

Overall, Qitmeer has a lot to offer the Web3 gaming space. Our platform provides a secure and transparent platform for in-game transactions, which makes it an ideal platform for Web3 gaming applications. We are committed to working with game developers to integrate our platform with popular gaming applications and to provide a seamless experience for players.

How do you think Web3 gamers are going to impact the work / focus in your area?

Benjamin: Web3 gamers are players who engage with gaming applications that are built on blockchain technology. These gamers are an important part of the GameFi space, as they are driving demand for new and innovative gaming experiences that leverage the power of blockchain technology. As more gamers move to Web3 platforms, we believe there will be an increasing demand for secure and reliable blockchain infrastructure to support gaming applications.

At Qitmeer, we recognize the potential impact of Web3 gamers on the blockchain space, and we are committed to meeting the needs of this growing user base. Our blockchain infrastructure is designed to support a wide range of financial applications, including gaming, and we are working with developers to create new and innovative gaming experiences that leverage the power of blockchain technology.

We see Web3 gamers as an important force for change in the gaming industry, as they are driving demand for new and innovative gaming experiences that are more decentralized and equitable. By leveraging blockchain technology, Web3 gaming has the potential to transform the gaming industry by creating new revenue streams and more engaging gaming experiences.

At Qitmeer, we are committed to supporting the growth and development of the Web3 gaming space, and we believe that our platform has a lot to offer in this area. We are working with developers to create new and innovative gaming experiences that leverage the power of blockchain technology, and we see this as an important area of growth for our platform in the future.

In conclusion, Web3 gamers are an important part of the GameFi space, and they are driving demand for new and innovative gaming experiences that leverage the power of blockchain technology. At Qitmeer network, we are committed to meeting the needs of this growing user base and to supporting the growth and development of the Web3 gaming space. We see this as an important area of growth for our platform in the future, and we are excited to be a part of this exciting and innovative movement.

The GameFi sector has shown great resilience in facing the bear market respectively. Do you have any future plans on collaborating with Web3 gaming companies or exploring more in the GameFi space?

Benjamin: Certainly! Qitmeer is committed to exploring collaborations with other Web3 gaming companies and actively pursuing opportunities to contribute to the GameFi space. We believe that GameFi is a promising area with great potential for growth and innovation, and we are excited to be a part of it.

As part of our efforts to expand our presence in the GameFi space, we are exploring a range of different collaborations and partnerships with Web3 gaming companies. This includes working with other blockchain platforms and developers to build new and innovative gaming experiences on top of the Qitmeer blockchain. We are also exploring collaborations with gaming studios and publishers to help bring their games onto the blockchain and provide players with new ways to engage with their favorite titles. Hope to bring multiple experiences to the game and improve the retention of internal value.

The second point is that we are still improving our technology and infrastructure to provide the scalability, security, and reliability needed to build and deploy complex Web3 gaming applications with security in mind, thus lowering the barrier for developers.

In addition to these, our Ecological Fund will have corresponding support plans for excellent GameFi projects to help project parties build active game communities faster and establish a sound game ecology. we are also actively investing in our own GameFi initiatives. This includes building out our own suite of decentralized gaming applications and tools that leverage the power of the Qitmeer blockchain to provide players with new and innovative gaming experiences. We believe that our expertise in blockchain technology and our commitment to building decentralized, community-driven platforms make us a natural fit for the GameFi space.

Looking ahead to the future, we see tremendous potential for growth and innovation in the GameFi space. As more and more players begin to explore the benefits of decentralized gaming, we expect to see a growing demand for new and innovative platforms and applications that leverage blockchain technology to provide more fair and equitable gaming experiences. Qitmeer network is committed to being at the forefront of this movement, and we look forward to contributing to the growth and development of the GameFi space in the years to come.

Come build on the Qitmeer network and be rest assured you will get all the support you need from development to funding, you can reach out to us through our social media networks(Twitter, Telegram and, Linkedin) and let us start building.

Listen to the full replay here 👉 https://twitter.com/i/spaces/1LyxBqEpkojJN

SocMed announcement: https://twitter.com/Gamespace_NFTs/status/1633809363038257153