This is my two cents about GameFi and the new business opportunities come along with it.

1. GAMEFI
R I S I N G
A N D N E W O P P O R T U N I T I E S
© 2 0 2 1 C A P TA I N R I C K Y

2. RICKY CHEN
(A.K.A. CAPTAIN RICKY)
• Study Blockchain & Cryptocurrencies since 2017
• Home Mining Cryptos/ Algo-Trading / Free Crypto
Courses
• Founder of Pacific Islands of Blockchain, which
members includes Taiwan’s legislators, Blockchain
industrial leaders and influencers
• Joined Cloud-Gaming company Ubitus as Blockchain
BD Director (2018~2019), initiated Asobu.AI, the
project which aimed to collaborated Machine Learning
and Gaming to generate Skills for Artificial Intelligence
Driven robots
• Gamer for life
• Ambassador Lvl. 2 of DeFi Collectibles
Project :Aavegotchi

3. IN-GAME
CURRENCY
IS THE BEGIN
OF CRYPTOS
S I M P LY I S S U E A C R Y P T O C U R R E N C Y F O R
G A M E D O E S N ’ T M A K E Y O U A G A M E F I
P R O J E C T

4. WHY DO WE
NEED
BLOCKCHAIN?
• Cryptos is all about
Financial Sovereignty not
E-Payment
• Blockchain for Game
means Financial
Sovereignty for Gamers
• Whatever in-game assets
I’ve been paid for or foght
for, I can do whatever I
want, to sell it or rent it
without permission of the
others

5. GAMEFI
BOOMING FROM
NOWEHRE?
This photo was taken early 2019,
Aleksander Leonard Larsen (the
COO of Sky Mavis) proudly
announced they just finished
their first land sale on Axie
Infinity. During this panel,
nobody talked about GameFi, not
even DeFi.
Blockchain Games aren’t new
Play2Earn is not a new word
Goldfarmers is a way to make a
living even before Bitcoin was
invented.
Why does GameFi booming?

6. GAMEFI
IS
GAME+DEFI
• DEXs with AMM like Uniswap
surpass major crypto exchange
trading value
• Staking & Liquidity Mining
being popular and acceptable
to most users
• ETH price surged hence all
blockchain games assets value
surged (People made money!)
• Side chain/ Layer 2/ Other
Public Chain lower user entry
barrier with cheap fees
• NFTs’ huge trading value
gained major media exposures
In the later of 2020 I predicted in a presentation that the Next Big
Thing will be applications based on DeFi Money Legos

7. G L O B A L PA N D E M I C B O O S T T H E
P O P U L AT I O N O F G O L D M I N E R S

8. TRADITIONAL ONLINE GAME VS
GAMEFI PROJECT
Traditional Online Gmae GameFi Project
In-game
Currencies
Centralized Issued on Server,
no public record available
Decentralized issued on blockchain
public record available
Trading for In-
game
Currencies
No, non-public DEX/CEX
In-Game
Assests
Centralized Issued / OTC
websites
Trade P2P in games, free to transfer
and swap
Governance Centralized Company DAO
Profit Mostly the game company Game studio and gamers (DAO)
IP Designed and decided by the
company
Designed and decided by the
community
Entry Barrier High Relatively lower than Online game
Suitable for SMB

9. GAMEFI
CHALLENGES OF OPERATION
1. Crypto users population remain small
2. User entry barrier still high, painful for new users to learn
how to use crypto wallet
3. Low liquidity for in-game assets
4. Low efficiency in marketplace, Opensea is not for GameFi
5. Individual user’s profit gaining power limited by time and
and financial capability
6. DAO governance could be very slow
7. Whale users might alter the game experience or even the
in-game economic

10. THE NEW OPPORTUNITIES COME
WITH GAMEFI
GUILD:
Just like the old time, but bigger guild like Yield Guild Games could benefit
from DAO governance and community growth.
Wallet for GameFi:
Better User On-boarding Process, simple design of UI/UX
Provide insights and value tracks for in-game assets
GameFi Exclusive Trading Platform:
A GameFi trading standard builder like Opensea for NFT,
provides trading analysis data and visualized value trends
Lending Protocols for GameFi
Provides liquidity, stablized market price

11. WHAT’S MY CHANCE
AS A NORMAL PERSON
WHO IS NOT WHALE?
1. Play2Earn
2. Invest in GameFi project or staking
3. Flipping in-game assets (Characters/
Wearables /Lands )
4. Invest in Guild / Join one
5. Build your own guild / scholar program
Not Financial Advice.
Do Your Own Research!

12. THANK YOU!