Arcade Launches Mission Pool Operator Program to Bring GameFi to the Masses

The Rise of GameFi and the Next Generation of Gaming

Arcade, a GameFi platform, has announced that it will be extending its full-scale economic ecosystem for play-to-earn gaming and expanding the GameFi ecosystem by partnering with Mission Pool Operators. The Mission Pool Operator may lease NFTs to undertake in-game tasks, increasing the value of all GameFi players. The GameFi platform links gaming assets to players and distributes incentives across platform users, favoring consistent and passive earnings.

The Mission Pools, which anybody may join to participate in the ecosystem's benefits, are at the heart of this idea. Joining a Mission Pool entails staking gaming NFT assets that reward fees and prizes accumulated through the Arcade protocol. In principle, the GameFi platform provides index-like visibility to play-to-earn gaming initiatives on various blockchains, like Solana, BNB Chain, Avalanche, Ethereum, Polygon, and others.

Arcade builds on the Mission Pools idea by adding Mission Pools Operators (MPOs). An MPO may lease non-fungible tokens to execute in-game activities and participate in play-to-earn processes and interactions. Everyone, including gaming guilds, eSports teams, and professional players, may become MPOs. The only criteria are using a particular quantity of $xARCADE digital assets to run their Mission Pool of choice.

The team will keep working to decrease the entrance barrier to play-to-earn gaming and its associated benefits. The present emphasis of the platform is on low-income neighborhoods that are recognized for generating great players. Furthermore, because of the power of decentralization, anybody may make use of these possibilities.

Play-2-Earn Vs Traditional Games

In Play-2-Earn, traditional games may be reimagined with behaviors that unite rather than divide participants. As the traditional gaming industry grew and people began to invest additional time online, the digital world and reality became more indistinguishable. On the other hand, traditional games have left significant gaps in their ability to connect them to their surroundings in a more cohesive experience, even though many gamers were already used to interacting in numerous virtual worlds.

This divergence quickly brought attention to the concept of the metaverse. Because the videogame is more than just a game, players are encouraged to do more than participate in exhilarating gaming. Indeed, with the arrival of the blockchain, the play-2-earn model has extended to include real-world economics, complete with significant earning possibilities, such as the ability to create resellable user-generated content (UGC) – previously impossible in the gaming business. In the wake of Axie Infinity's breaking success, which has resulted in an explosion of investments in the game sector, several platforms seek to present their unique services in the Play-2-Earn arena.

In 2021, Ethereum saw an increase in prominence among DeFi and GameFi applications, including the mainstreaming of native decentralized exchanges like Uniswap and the popularity of games like Decentraland, The Sandbox, and others.

Image credits: Javier Martínez and Sean Do.

Disclaimer: The purpose of this article is to remove informational asymmetry existing today in our digital markets by performing due diligence, asking the right questions, and equipping readers with better opinions to make informed decisions. The writer holds Bitcoin, Ethereum, Cardano, Solana and Cosmos. The writer has a vested interest in the story.