Web3 games become a new hotspot, Elfin launches an innovative platform.

Recently, Web3 games have become one of the important topics in the blockchain field. Different ecosystems, such as Arbitrum, StarkNet, Solana, and Ronin, whether they are layer two networks, high-performance public chains, or sidechains, are actively laying out in the Web3 game field. Even the Bitcoin ecosystem has related game projects in progress.

In this context, Elfin, as an emerging esports metaverse project, is attempting to build an innovative gaming framework that closely connects players, communities, and game developers. The core breakthrough of Elfin lies in its unique economic incentive mechanism.

For game developers, Elfin provides game asset issuance and trading services, integrating games into the Elfin metaverse to enhance the value of game IPs and achieve cross-game interoperability of different game assets. Players can participate in various ways, including PvP games, quarterly tournaments, and metaverse social activities. Community members can also engage in economic activities within the metaverse, such as building game guilds.

Elfin plots (NFT assets) are the core of its metaverse game framework. These plots are issued through the Bitcoin Taproot Assets protocol, and early participants can obtain them through free minting. Users holding Elfin plot NFTs have the opportunity to share in the profits of the metaverse's economic activities.

The plots have a unique upgrading mechanism that allows them to upgrade from plots to tribes, castles, and then to kingdoms. The upgrading process will result in a decrease in the number of plots, but at the same time, it increases the efficiency of income capture. For example, the income multiplier for a plot is 1, while for a kingdom it reaches up to 1100.

Land plot NFT holders can customize land plots, participate in games and seasonal tournaments, build communities, DAOs, game guilds, and even operate game asset trading stores or initiate new games. By staking Elfin tokens, holders can activate land plot NFT ownership, thereby obtaining various benefits, including game fee revenue sharing, tournament income, transaction market fees, and more.

In terms of revenue distribution, Elfin adopts a balanced model. For example, in PvP games, 97.5% of the income goes to the game winner, and 2.5% is designated as platform fees. Of this 2.5% fee, half goes to the Elfin metaverse and half goes to partners. The Elfin platform ultimately receives 1.25% of the total PvP game revenue, of which 20% will be shared with Elfin landholders.

Elfin plans to collaborate with multiple esports game projects to jointly launch games and host esports leagues. As a platform rather than a single game, Elfin's success depends not only on the design of its economic mechanisms but also on its operational capabilities. The key lies in how to coordinate the interests of game developers, the community, users, and the platform itself.

Ultimately, the success of the Elfin platform will largely depend on its ability to continuously provide engaging and appealing game content to attract more players, community members, and developers.