The Shards Flywheel
Last updated
Last updated
Shards was designed to amplify the synergies between GameFi and SocialFi thereby kick-starting a more sustainable value flywheel. The Shards Flywheel forms the beating heart of the Shards economy whereby all participants are aligned towards creating great shared gaming experiences.
The Shards Flywheel consists of the following high-level concepts:
Generate Increased Demand: Team popularity and potential will drive organic demand for the Team’s Fractions as Non-Players will want to be associated with the team and maybe even receive additional Team-specific perks.
Increased Fraction Ownership: With every additional Fraction purchased, the price per Fraction increases (per bonding curve) resulting in more value being shared for every transaction.
Increased Game Value: With revenue from Fraction swaps being shared with all Shards participants, this will drive increased value capture for the game.
More Revenue Share: The increase in game value supports other core game functions as well as the in-game economy resulting in higher transaction volumes and greater revenue share.
Team Advancement: The teams that are able to expand their support base will receive even more indirect revenue via the swapping of Fractions thereby enabling them to grow.
Through the creation of the Shards Flywheel, value freely moves between the in-game economy as well as the social economy. Consequently, value exchange is no longer restricted to just Players but also Non-Players who are there for the social or even speculative aspects. Players are incentivized to create their own Teams or join Teams with the best value alignment (both metaphorically and monetarily). As game creators, Game Studios will also receive a portion of all trades on the Shards Platform thereby opening up an alternative revenue stream driven by social awareness.
With the Shards Flywheel, everyone stands to benefit from a better gaming experience.
