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Jan 18, 2022, 17 tweets

1/x The Evolution of #Guilds
A thread on how #P2E Gaming #Guilds are transitioning. With the development of #GameFi 2.0 and growing base of gamers, guilds have to balance between incentives, sustainable growth of player base and building community (providing entertainment value)

2/x Market Capacity of #Guilds
Guilds differentiate through few categories:
1) Manpower Management & Recruitment
2) Venture Capital & Incubation
3) Tooling (ERP, CRM, #SaaS platform)
4) Identity (Gamification of performance, scholarship analytics & efficiency, #DeFi passport)

3/x Manpower
Guilds earn facilitation fees from #AxieScholars & managers earnings and allocate them efficiently. Toolings will help with scaling and guilds can further optimise in-game trading/leasing of #NFT with their #P2E game economy expertise

4/x Manpower
@PerionDAO has proprietary API (non-public) and smart contracts to automate all of their breeding, with systems that automatically tracks and targets the most profitable #Axie, enhancing their #AxieScholars aiming to be the most competitive gaming #guilds

5/x Venture Capitalists
#Guilds are in an advantageous position for investing & advising new #GameFi projects with a player base, community outreach and expertise. Hence #guilds are able to outgrow their treasury over time. As explained by @DeFiVader
defivader.medium.com/the-era-of-gui…

6/x Venture Capitalists
An example would be @GuildFiGlobal, where they have segregated their treasury into 1) Development, 2) Growth, and 3) Venture. Being backed by strong investors, #Guildfi would have the financial might, deal flow and technical know-how

7/x Toolings
@YieldGuild seeks to build more relationships, such as fintech integration, on/off-ramp fiat, and payment solutions for their users to directly use tokens to pay for bills such as phone bills.

8/x Toolings - Payment Enforceability
Since scholar-manager matchmaking are done offchain, payments are not securely enforced, leading to possible defaults. @GuildFiGlobal solution is to automate an off-onchain claiming process whereby scholars initiate claims & manager approves

9/x Toolings - Payment Enforceability
As for @0xAdventure solution 1.0, asset owners deposit their assets into an address escrowed by 0xAdventure. Asset owners can then assign scholar managers who will manage/play the game, and disburse earnings to the scholar managers in time

10/x Toolings - #SaaS platform
When onchain toolings via smart contracts are available, they could formalise the model by streamlining human resources together and turning it into a #SaaS platform. @YieldGuild is looking to include new ERC standard for conditional NFT usage

11/x Toolings - SaaS platform
@0xAdventure will be building a wallet system which could be adopted by others. Hence #guilds are able to track their resources onchain. They will be looking to gamify the experience, which brings us to the next point

12/x Identity
Identity is a core component for such #Socialfi projects, enticing user growth (eg Gamification). With key infrastructure as an enabler, the community is still the key. Guilds are in a prime position to also naturally evolve into #Socialfi projects.

13/x Identity
@GuildFi have daily quest for achieving milestones, while @0xAdventure create an avatar system, integrating in games and award #NFT that can be equipped. @YieldGuild have their own specific #NFT (founders coin, token gates, #YGG sword) for special privileges

14/x Identity
After developing a performance scoring system, integrated with on-chain wallet capabilities, DeFi features such as “Unsecured #DeFi Lending”, “ #NFT mortgages” can be extended to scholars who have shown a stable and good performance rating.

15/x Table for comparison

17/x Thank you to the following guilds and chads for reviewing:
@YieldGuild
@0xAdventure
@GuildFiGlobal
@PerionDAO
@gabusch
@Arthur_0x
@Rewkang
@0xRyze
@Shadowix5
@Mitch__Perion

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