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How Slime Royale Leverages Blockchain Technology to Create a Different Business Model in the Mobile Game industry

The cryptocurrency market is experiencing a huge crash that has been taking a heavy toll on all blockchain-based projects out there. GameFi projects are among the biggest victims...
How Slime Royale Leverages Blockchain Technology to Create a Different Business Model in the Mobile Game industry © Reuters How Slime Royale Leverages Blockchain Technology to Create a Different Business Model in the Mobile Game industry

The cryptocurrency market is experiencing a huge crash that has been taking a heavy toll on all blockchain-based projects out there. GameFi projects are among the biggest victims of this downtrend with investors becoming more cautious on spending in the sector.

On the positive note, this could possibly be a much-needed stress test for the market that only high-quality NFT games may survive and thrive. Recently, Slime Royale - an emerging NFT game project has won over hundreds of candidates to receive investment support from GoGame thanks to the innovative application of blockchain in creating a business model like no other.

Slime Royale - NFT Game with gameplay-oriented
Slime Royale distinguishes themselves in the NFT Game market as a project with a vision like no other. GameFi is usually regarded as money-oriented projects that majorly focus on the financial factors, while the gaming gets set aside. The core of Slime Royale, in contrast, is formed around designing an engaging game and then applying blockchain to resolve the payment problem and attract new players.

Slime Royale Leverages Blockchain Technology to Create a Different Business Model
Many studies show that game studios currently have to deduct up to 50% of their revenue for the advertising platforms as Google (NASDAQ:GOOGL) and Meta, 30% for payment services of Google and Apple (NASDAQ:AAPL). Thus, to break the jinx, Slime Royale decided to incorporate blockchain technology into their product; rather than paying over 80% of their revenue to these advertising giants, Slime Royale aims to explore blockchain means to reward their players for helping to sustain and develop their community.

With Blockchain, Slime Royale will create new payment methods. In this way, Slime Royale will no longer have to deduct 30% of their revenue to spend on Google, Meta, or Apple. Instead, Slime Royale will pay to the players, who are making a real contribution to maintain the payment gateway. On the other hand, Slime Royale implements affiliate programs and rewards the community with Slime Royale’s tokens. This new approach to user acquisition will help Slime Royale avoid overspending on Meta and Google's advertising system.

In summary, instead of paying up to 80% of revenue to Apple, Google, Meta: Slime Royale will apply blockchain to reward those who help maintain the payment gateway and develop the community.

If Slime Royale can actualize this idea, a new business model will be created to break the monopoly of advertising platforms, and game publisher portals. With the new business model, Slime Royale aims to open up more earning opportunities for many people.

Invested by goGame - Singapore game giant
goGame is a mobile game publisher with Headquarters in Singapore. As a multinational corporation, goGame has branches in many Asian countries, such as Vietnam, Thailand, Malaysia, Taiwan, and the Philippines.

Though this is not the best of times for the crypto industry, Slime Royale outstandingly outshined 100+ NFT projects to grasp a huge investment opportunity from the benevolent goGame.

The investment from goGAme will aid Slime Royale in developing games that not only impact the value of the gaming experience but also have a financial system and a viable revenue distribution model that will benefit all players.

Conclusion
With the application of blockchain, Slime Royale has created a completely different business model in the market, bringing more diverse earning opportunities for players. With a different business model, Slime Royale has received investment from goGame, Appota Group, Koi Capital and many other investors to realize its ideas.

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29-03-2024 17:35:19 (UTC+7)

EUR/USD

1.0787

0.0000 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

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Sell (1)

EUR/USD

1.0787

0.0000 (0.00%)

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↑ Buy

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Buy (10)

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Buy (10)

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GBP/USD

1.2619

-0.0003 (-0.02%)

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USD/JPY

151.35

-0.03 (-0.02%)

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Neutral

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Buy (6)

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AUD/USD

0.6515

0.0000 (0.00%)

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USD/CAD

1.3551

+0.0013 (+0.10%)

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EUR/JPY

163.24

-0.01 (-0.01%)

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EUR/CHF

0.9724

-0.0003 (-0.03%)

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Gold Futures

2,254.80

42.10 (1.90%)

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25.100

+0.002 (+0.01%)

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Copper Futures

4.0115

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Crude Oil WTI Futures

83.11

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Brent Oil Futures

86.99

+0.04 (+0.05%)

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Neutral

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Natural Gas Futures

1.752

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US Coffee C Futures

188.53

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Euro Stoxx 50

5,082.85

+1.11 (+0.02%)

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S&P 500

5,254.35

+5.86 (+0.11%)

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18,504.51

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7,952.62

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16,541.42

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US Small Cap 2000

2,120.15

+5.80 (+0.27%)

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Neutral

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IBEX 35

11,074.60

-36.70 (-0.33%)

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BASF SE NA O.N.

52.930

-0.320 (-0.60%)

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↑ Buy

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Bayer AG NA

28.43

+0.01 (+0.04%)

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Buy

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Allianz SE VNA O.N.

277.80

+0.35 (+0.13%)

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Adidas AG

207.00

+2.30 (+1.12%)

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Deutsche Lufthansa AG

7.281

+0.104 (+1.45%)

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↑ Sell

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Siemens AG Class N

176.96

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Deutsche Bank AG

14.582

-0.030 (-0.21%)

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Sell (1)

 EUR/USD1.0787↑ Buy
 GBP/USD1.2619↑ Sell
 USD/JPY151.35Neutral
 AUD/USD0.6515↑ Buy
 USD/CAD1.3551↑ Buy
 EUR/JPY163.24↑ Buy
 EUR/CHF0.9724Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,910/ 8,080
(30/ 30) # 1,364
SJC HCM7,900/ 8,100
(0/ 0) # 1,384
SJC Hanoi7,900/ 8,102
(0/ 0) # 1,386
SJC Danang7,900/ 8,102
(0/ 0) # 1,386
SJC Nhatrang7,900/ 8,102
(0/ 0) # 1,386
SJC Cantho7,900/ 8,102
(0/ 0) # 1,386
Cập nhật 29-03-2024 17:35:21
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ↀ Giá vàng thế giới
$2,232.75-1.61-0.07%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.69025.180
RON 95-III24.28024.760
E5 RON 92-II23.21023.670
DO 0.05S21.01021.430
DO 0,001S-V21.64022.070
Dầu hỏa 2-K21.26021.680
ↂ Giá dầu thô thế giới
WTI$82.82+5.390.07%
Brent$86.82+5.180.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.600,0024.970,00
EUR26.020,0327.447,78
GBP30.490,4131.787,64
JPY158,93168,22
KRW15,9119,28
Cập nhật lúc 17:31:44 29/03/2024
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