GuildFi is a Web3 infrastructure to connect games, NFTs, and communities, with an aim to maximize players’ benefits and enable interoperability across the Metaverse - Medium

GuildFi is launching our unique 兔(Tu)-Gether campaign to celebrate Lunar New Year 2023 to reward you, our community, with Angpow everyday. We have partnered with Harvest, FOAD and Apeiron to bring exciting quests for you to participate in, and stand a chance to win rewards worth over $10,000!GuildFiers who complete the quests will have the opportunity to win a variety of rewards such as whitelist spots, digital collectibles, as well as Gamer Angpows from PUBG, Valorant, DoTA 2, Free Fire, ROV and Fun Angpows with free subscription to Netflix, Spotify, and Disney+! That’s not all, the Grand Prize for GuildFi’s 兔(Tu)-Gether campaign includes an iPhone 14 Pro Max 128 GB and 2 pairs of AirPods Pro!Join the campaign today by registering for a GuildFi ID on GuildFi and navigating to the Quests page to see all the campaign quests you can complete. The more you complete, the more you win!Campaign Duration: 19 January 2023, 10:00 (UTC) until 25 January 2023, 10:00 (UTC)兔Tu-Gether Campaign QuestsThere are 18 campaign quests from GuildFi and our campaign partners, Apeiron, Harvest and FOAD listed below. Complete as many as possible to maximize your chances in winning amazing rewards:GuildFi QuestsSign up on www.GuildFi.com.Sync your Twitter account on GuildFi’s Account Setting page.Follow GuildFi Twitter.Sync your Discord account on GuildFi’s Account Setting page.Join GuildFi Discord.Log in Daily on GuildFi.com.Change username and profile picture on GuildFi’s Account Setting page.Share GuildFi’s Leaderboard.Complete 2 hours of playing time on Steam.Apeiron QuestsFollow Apeiron’s Twitter.Join Apeiron’s Discord and reach Level 5, and Level 6 on GuildFi.Set up an Apeiron marketplace account and bind your email.Play at least 1 hour of the Apeiron’s Demo game.Defeat the Boss in Apeiron’s Demo game.Harvest QuestsFollow Harvest’s Twitter.Join Harvest’s Discord.FOAD QuestsFollow FOAD’s Twitter.Join FOAD’s Discord.兔(Tu)-Gether Campaign RewardsThere will be 5 types of rewards up for grabs during the campaign. Users will have a chance to win Daily Angpow Rewards, Partner Rewards, Grand Prizes and GXP, with Special Double Rewards on our Peak Days.The rewards and eligibility criteria are as follows:Reward 1: Daily Angpow RewardsParticipants that complete the GuildFi quests below will have a chance to win Daily Angpow rewards:Sign up on www.GuildFi.com.Sync your Twitter account on GuildFi’s Account Setting page.Follow GuildFi Twitter.Sync your Discord account on GuildFi’s Account Setting pageJoin GuildFi Discord.Log in Daily on GuildFi.com and claim 10 GXP.The prizes for the Daily Angpow rewards are split into 2 categories:1. Gamer Angpow which consists of gift cards from well known games such as Valorant, PUBG, DoTA2, ROV and Free Fire.Gift cards for Valorant, PUBG, DoTA2 will be distributed via a Loot Box format and will be available for all users.Garena Shells for ROV and Free Fire will be distributed via a first come first serve basis, and for Thailand IP origin users only.Note: Garena Shells for ROV, and Free Fire will be for users in Thailand only. The Garena Shells will be renewed everyday at 00.00 (UTC).2. Fun Angpow in Loot Box format, which consists of free subscriptions to Netflix, Spotify, and Disney+.Note: Each user will be able to claim a maximum of 1 Angpow per day, on a first come first serve basis. There are limited quantities available daily.Winners for the Gamer Angpow will receive gift cards with the value equivalent to the game credits while winners of the Fun Angpow will receive their rewards in stablecoin with the equivalent value of the subscription service. Else, you will receive 10 GXP.Reward 2: Partner RewardsParticipants will be eligible to win exclusive rewards from our campaign partners, i.e. Apeiron, FOAD and Harvest, which include digital collectibles, and player tickets.ApeironApeiron Digital Collectibles5 lucky winners will have the chance to win 1 Apeiron Digital Collectible (Planet) each, valued at $60 each, by completing all 5 of the Apeiron quests below:Follow Apeiron’s Twitter.Join Apeiron’s Discord and reach Level 5, and Level 6 on GuildFi.Set up an Apeiron marketplace account and bind email.Play at least 1 hour of Apeiron’s Demo game.Defeat the Boss in Apeiron’s Demo game.Note: The Planet Digital Collectibles will be distributed via the Polygon (MATIC) chain.Apeiron Player Ticket100 lucky winners will have the chance to win 1 Apeiron Player Ticket each, valued at $88 each, by completing the 3 Apeiron quests below:Follow Apeiron’s Twitter.Join Apeiron’s Discord and reach Level 5, and Level 6 on GuildFi.Set up an Apeiron marketplace account and bind email.Harvest8 lucky winners will stand the chance to win 1 Harvest Legendary Mystery Box each, minted at $250 each, by completing the 2 Harvest quests below:Follow Harvest’s Twitter.Join Harvest’s Discord.Note: Harvest rewards will be distributed on the BNB chain.FOAD100 lucky winners will stand the chance to win 1 FOAD Rabbit Keychain Digital Collectible each, by completing the 2 FOAD quests below:Follow FOAD’s Twitter.Join FOAD’s Discord.Note: The FOAD Rabbit Keychain Digital Collectibles will be distributed on the Immutable (IMX) chain.Reward #3: Grand Prize RewardsThe Grand Prizes for the campaign include 1 iPhone 14 Pro Max 128 GB and 2 pairs of Airpods Pro.Airpods Pro2 lucky winners will be eligible to receive a pair of Airpods Pro each by completing all GuildFi quests during the peak days, and complete at least 1x Daily login quest during the campaign.The two Airpods Pro Grand Prize will be split into two lucky draws. The first box will be drawn on 22 January 2023, 00.00 UTC and the second box will be drawn on 23 January 2023, 00.00 UTC.Winners will be selected via lucky draw. To enter the lucky draw for each box, users will be able to redeem a ticket for 50 GXP each. Users can redeem up to 10 tickets per box.iPhone14 Pro Max 128 GB1 lucky winner will be eligible to win an iPhone 14 Pro Max 128 GB. Below are the prerequisites in order to qualify:Change username and profile picture on GuildFi’s Account Setting page.Follow Apeiron’s Twitter.Follow Harvest’s Twitter.Follow FOAD’s Twitter.Participants will be able to increase their chances of winning the iPhone 14 Pro Max 128 GB Grand Prize by completing the list of quests below. The more quests you complete, the higher likelihood of winning:Complete 2 hours Steam — 3X chanceShare GuildFi’s Leaderboard 1X chanceJoin Harvest’s Discord — 1X chanceJoin FOAD’s Discord — 1X chanceJoin Apeiron’s Discord and reach Level 5, and Level 6 on GuildFi — 2X chanceSet up an Apeiron marketplace account and bind email — 2X chancePlay Apeiron Demo: 1 hour — 1X chanceDefeat Boss in Demo of Apeiron — 1X chanceNote: Winners will be selected via a lucky draw format. Eligible users will be able to redeem an iPhone14 Pro Max 128 GB lucky draw ticket for 300 GXP each. Each user can redeem the lucky draw once.Reward 4: GXP RewardsGuildFiers will be able to claim 50 GXP for every partner quest that they complete during the campaign. The partner quests for this campaign includes quests from Apeiron, Harvest and FOAD.Furthermore, you will also be able to claim 10 GXP daily by completing GuildFi’s daily log-in quest.Reward 5: Special Double RewardsSpecial Double Rewards will be available on 22 and 23 January for you to have a 兔[Tu]-rrific day! On these 2 days, users will be able to receive 20 GXP Angpows and stand a chance to win the Airpods Pro!Special Multiplier for GF stakersGF Stakers will have up to a 3X chance of winning the iPhone 14 Pro Max 128 GB Grand Prize reward. To participate, stake GF tokens using the same wallet linked to your GuildFi ID to receive xGF or xGF-ETH token in your wallet and redeem the Grand Prize: iPhone 14 Pro Max Ticket 128 GB to enter the draw. sGF tokens from Staking V1 will be included as well. The token snapshot will be taken on 25 January 2023, 10:00 (UTC).Stakers that hold:Any amount of sGF / xGF / xGFETH tokens will get 1.5X chanceAt least 2,000 sGF / 4,000 xGF / 30 xGFETH tokens will get 3X chanceFor stakers who hold more than 1 type of token, the maximum multiplier is capped at 3X chance, i.e. no stacking.For example:Case 1User A has 1,000 sGF tokens (1.5X chance) and completed the 2 hour steam quest (+3X chance).User B has no sGF tokens and completed a 2 hour steam quest (+3X chance).When the lucky draw occurs, User A will have a 1.5X increased chance to win compared to User B.Case 2User A has 4,000 xGF tokens (+3X chance) and joins Apeiron Discord (+1X chance) and reaches Level 5, and Level 6 on GuildFi (+2X chance).User B has no xGF tokens and joins Apeiron Discord (+1X chance) and reaches Level 5, and Level 6 on GuildFi (+2X chance) and joins FOAD’s Discord (+1X chance).User C has no staker tokens.When the lucky draw occurs, User A will have a 9X chance (1X+2X chance from quests * 3X staker bonus), User B will have a 4X chance (1X+3X chance from quests and no staker bonus) and User C will have 1X chance (no chances from quests and no staker bonus) to win.Terms &amp; ConditionsGuildFi reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments;The GuildFi committee’s decision is final.Winner announcement will be made on 2 February 2023. Winners will be contacted by GuildFi, either on Twitter or Discord, and will be required to respond within 14 working days from the winner announcement date to claim their rewards. They will not be eligible to claim rewards if they fail to reply to GuildFi within 14 working days.All rewards, other than the Grand Prize, will be distributed by 2 February 2023, 23:59 PM (UTC).About GuildFiGuildFi aspires to create an interconnected ecosystem of games, digital collectibles, and communities, to maximise players’ benefits and enable interoperability across the web3 gaming landscape. GuildFi solves the discovery and access problems for players while enhancing their performance and maximising their rewards. Players’ engagement and achievement are no longer discarded and limited to specific guilds or games, but instead, contribute towards their ranks and elevate their benefits in the long run.Follow GuildFi: Website | Twitter | Discord | Telegram | YouTube | TikTok | InstagramCelebrate your Lunar New Year 2023 with GuildFi 兔(Tu)-Gether and Win Angpow Everyday! was originally published in GuildFi on Medium, where people are continuing the conversation by highlighting and responding to this story.

Celebrate your Lunar New Year 2023 with GuildFi 兔(Tu)-Gether and Win Angpow Everyday!

GuildFi Project Updates: What’s Next in 2023?SummaryGuildFi is making significant progress towards becoming a leading web3 ecosystem and platform for games, entertainment, and communities. In the coming year, we have a number of exciting new platform upgrades and product launches planned, including the launch of our new staking program in January 2023. Additionally, we are pleased to report that most of our venture capital investors are committed to supporting our long-term vision and will be staking their tokens, which will result in a minimal increase in token emission in 2023. We also provide a succinct H2 2022 financial update regarding the GuildFi Treasury.The Direction and Growing Use Case of the GuildFi PlatformGuildFi aims to evolve towards becoming an interactive social gaming platform that provides interoperability for gamers between web2 and web3. Since launching in late 2021, GuildFi has established a significant number of reputable partnerships within the gaming industry including Netmarble (MarbleX), LINE Games (Luxon), BORA Network, and many other promising blockchain partnerships such as with kpop studio Modhaus.We have run notable campaigns, like Questober, which brought in a record-high users count of 330,000. In addition, we have also partnered with games like Ni no Kuni, Apeiron, Birdie Shot, Shrapnel, ArcheWorld, and Desperado B218. Moreover, in December alone, we hosted 2 campaigns, i.e. World Cup Prediction Campaign and the Christmas Carnival Campaign.https://medium.com/media/e07c48aea18e0020f9220d4c9012f886/hrefDespite extremely adverse market conditions and a multitude of notable black swan events, the GuildFi team continues to build, expand and upgrade our platform for our ever-growing user base. We recently upgraded to v1.5 to improve the general user experience, and also introduced three brand new features, i.e. Inventory, Leaderboard, and Achievements.https://medium.com/media/5f2fb7566f85a02e54c9d6f6419a868c/hrefAs time progresses, we will continue to iterate, ultimately phasing out GuildFi v1 and upgrading to our fully fledged platform codename — Z.Firstly, GuildFi v1 has provided for a great experimental ground for our team, the most notable one being the Quest system.Game partners that ran Quest campaigns through the GuildFi platform managed to acquire users to test and play their respective games. On the other hand, users get to enjoy the interactive social element in a variety of different games while getting rewarded for their time. With more than 3.3 million quests claimed in 2022, we are privileged to have our community’s support to help us become the leading meta-game content provider in the web3 gaming space. With the benefit of having product-market fit, we have been planning, building and simulating the different possibilities for what GuildFi’s next phase of growth would look like. This leads us to Z.Project ZThere are more than 3 billion gamers worldwide and it is clear to us that gaming is slowly but surely becoming a way of life. As gamers ourselves, we are building a platform at the intersection of gamers and consumers. For gamers by gamers. To do this, we will work towards becoming the largest meta-game content hub and the largest creators of daily interactive entertainment content more broadly. Z’s users will also be able to uncover unique collectibles and rewards within Z’s universe.There are many other building blocks that are currently in the works. Our vision is not possible without the support of our existing and forthcoming stakeholders. We will continue to build and, as always, welcome new community members, partners and investors to join us in our quest.More information will be provided in 2023, we have been hard working for months and couldn’t be more excited to share with our community.This will change everything you know about GuildFi and will be worth the wait.The New GF Staking ProgramThe GuildFi v1 staking program is set to end at the end of this year, and the v2 staking program launched on 10 January 2023. The new v2 staking proposal was designed, put up for discussion with the community, and then 3 proposals put up for voting for a week in December 2022.The community then decided to proceed with the following proposals:Proposal 1: Launching v2 staking, with a reward allocation of 30m GF tokens split 30:70 amongst GF single and LP staking (57.21% voted in favour)Proposal 2: GF-ETH liquidity pool for staking (79.73% voted in favour)Proposal 3: A maximum lock period for staking to be 52 weeks (87.55% voted in favour)Seed Partners and the GuildFi Team Strengthen our Commitment and Long Term Support for the ProjectOur focus on web3 gaming is a key part of our long-term vision. We believe that this industry has enormous potential for growth and are confident that GuildFi is well-positioned to capitalise on these trends and emerge as a leader in the space.To demonstrate our commitment to our long-term vision, all our team members and most of our venture capital partners, including Hashed, Defiance Capital, Coinbase Ventures, Coin98 Ventures, Sky Vision Capital, Play Ventures, Vessel Capital, and Coin Operated Group, have committed to staking their tokens for another year. For any additional supply that does not end up staking, we have made arrangements to offer OTC purchases to new investors. This service is available to external investors who are interested in taking a position in the GF token, and we are prepared for token buybacks from the GuildFi Treasury if need be.Thus, there will be little to no selling of GF tokens in the public markets from seed investors or the GuildFi team, and there will be no direct price impact.H2 2022 Financial UpdateThis update is representative of H2 2022 where the investments are of reference to the Assets Under Management (AUM) as of January 2023.The current treasury value of GuildFi remains strong at 97,365,644 USD.OverviewThe crypto industry has seen its fair share of ups and downs over the past year, with a number of high-profile implosions and bankruptcies shaking investor confidence. In H1 2022, the Luna implosion was followed by the bankruptcies of 3AC, Celsius, and other centralised lending firms. In H2 2022, we witnessed the grand finale of implosions with FTX.The implosion of Alameda/FTX caught even the most seasoned industry players off guard. At GuildFi, we were prepared for such a scenario and took necessary precautions by withdrawing all of our operating funds to cold wallets as rumours started to surface. Our CEO and Co-founder, Jarindr, discussed this in further detail in this twitter thread.Despite these challenges, the GuildFi treasury remains extremely healthy. It consists of all assets currently held by GuildFi, including investments in different tokens, NFTs, and general reserves. This strong foundation allows us to weather any market volatility and continue building and improving our platform for the long term.We are committed to transparency and will continue to provide regular updates on the status of our crypto treasury. This ensures that GuildFi’s investors have the information they need to make informed decisions about their investments.Reserves BalanceOur reserves consist of highly liquid stablecoins, BTC and/or ETH that may or may not be earning yield from low-risk lending and/or liquidity providing.Token BalanceOur token holdings consist of high-performing or high-potential cryptocurrency tokens based on strong metaverse/game projects that add value to the GuildFi Treasury and Ecosystem.NFT BalanceThe NFT section consists of Non Fungible Tokens (NFTs) from leading games in the space in the form of land sales, digital avatars, and gaming elements from game partners for current or future use by the GuildFi community.GuildFi’s WalletsGuildFi’s wallets can be tracked here:https://whitepaper.guildfi.com/treasury-zone/transparencyFinancial StrategyWe continue to be very conservative on general crypto asset prices from a longer term perspective but are also aware of the extremely adverse macro conditions along with potential contagion risks from the implosion of FTX/Alameda.As referred to in the H1 2022 Mid Year report, our main position is ETH-USDC in Uniswap V3. This helps us accrue yield farming rewards as the market continues to go sideways and outperform simply holding ETH while also being extremely liquid with our reserves.Likewise, the GuildFi treasury is extremely healthy and can withstand further downside in crypto asset prices while maintaining a more than 10 years runway for our team.About GuildFiGuildFi aspires to create an interconnected ecosystem of games, digital collectibles, and communities, to maximise players’ benefits and enable interoperability across the web3 gaming landscape. GuildFi solves the discovery and access problems for players while enhancing their performance and maximising their rewards. Players’ engagement and achievement are no longer discarded and limited to specific guilds or games, but instead, contribute towards their ranks and elevate their benefits in the long run.Follow GuildFi: Website | Twitter | Discord | Telegram | YouTube | TikTok | InstagramGuildFi Project Updates: What’s next in 2023? was originally published in GuildFi on Medium, where people are continuing the conversation by highlighting and responding to this story.

GuildFi Project Updates: What’s next in 2023?

We’re excited to announce that our new V2 staking program has launched on 10 January 2023. The new V2 staking proposal was designed, put up for discussion with the community, and then 3 proposals put up for voting for a week from 7 to 13 December 2022.The results of the vote are as follows:Proposal 1: Launching V2 staking, with a reward allocation of 30m GF tokens split 30:70 amongst GF single and LP staking (57.21% voted in favour)Proposal 2: GF-ETH liquidity pool for staking (79.73% voted in favour)Proposal 3: A maximum lock period for staking to be 52 weeks (87.55% voted in favour)This article will explain how GuildFiers can stake their GF tokens in the new V2 staking program.Section 1: Where to get the GF token?Section 2: How to Stake in the GF Single-Staking PoolSection 3: How-To Stake with GF-ETH Liquidity PoolSection 4: FAQsSection 1: Where to get the GF token?GuildFiers are able to acquire GF tokens for staking via decentralized exchanges (DEX) and centralized exchanges (CEX) as below:DEX — UniswapCEX — Huobi, Bitkub, MEXC, OKX, Gate.ioNote: The list above is not exhaustive, and there may be other platforms that you can acquire GF.Section 2: How to stake in the GF Single-Staking PoolBelow is a step-by-step guide to stake your GF tokens in our GF Single-Staking Pool.Step 1: Enter GuildFi’s Staking pageYou will see two staking pools, i.e. the GF Single-Staking Pool and GF-ETH Liquidity Pool. For this section we will be covering the steps for the GF Single-Staking Pool.Step 2: Connect your walletConnect with a compatible wallet.Step 3: Start StakingClick on the ‘Stake Now’ button. A pop-up with your GF balance will appear to enable you to select your preferences.Step 4: Select Deposit Amount and Lock PeriodEnter your preferred deposit amount in the box and choose your locked staking period on the sliding bar. This will ultimately determine the reward you will receive.You will also be able to customise the amount of GF tokens you want to stake. If you want to stake all your tokens, click the ‘Max’ button. If you want to stake a specific amount, enter the numbers into the text box.The aforementioned GF tokens will be locked in the chosen period, i.e. you will not be able to access the GF before the period is up. This locked period ranges from 1 to 52 weeks.Upon selection, the unlock date, an estimated APR based on your lock-up period, and the amount of xGF you will receive during the lock-up period will be displayed.Once you’re happy with the displayed values, click the ‘Allow GuildFi to use my GF for staking’ to proceed.Step 5: Approve GF to Use Your GF For StakingAfter clicking the ‘Allow GF to use my GF for staking’ button, you will need to confirm this with your connected wallet (i.e. Metamask, WalletConnect, Ledger, Trezor).Click ‘Confirm’ in the pop-up window to approve the transaction.Note: This step will incur a small gas fee. Ensure you have sufficient ETH in your wallet for the transaction.Note: The above pop-up is from using a Metamask wallet. Using a different type of wallet may result in a different interface for the confirmation process.Step 6: Approve GF StakingYou will be taken back to the pop-up with your pre-selected options for staking. The ‘Allow GF to use my tokens for Staking’ button has been changed to a ‘Stake Now’ button.Click ‘Stake Now’ to stake your tokens.The wallet prompt will appear as it did earlier displaying the estimated gas fees associated with the transaction. Click ‘Confirm’ and wait for the transaction to complete.Note: This step will incur a small gas fee. Ensure you have a sufficient ETH in your wallet for the transaction.Note: The above pop-up is from using a Metamask wallet. Using a different type of wallet may result in a different interface for the confirmation process.Staking Complete!Congratulations, you’ve now successfully staked your GF tokens! This will be confirmed by a pop-up on the top right of your browser. You will receive an equivalent number of xGF tokens inside your wallet as proof of stake.Note: If you wish to stake more than once, V2 will only allow users to choose a lock up period that is the equivalent or longer than their lowest lock up period. This applies to both pools, i.e. the GF Single-Staking pool and the GF-ETH liquidity pool.Section 3: How-To Stake with GF-ETH Liquidity PoolBelow is a step-by-step guide to stake in the GF-ETH liquidity pool. As a reward for providing liquidity for our project, users will be able to earn rewardsStaking in GF-ETH liquidity pool allows users to use their GF pair up with ETH to receive LP tokens to stake and earn rewards from this pool. The allocation will be more than the GF Single-Staking Pool to compensate for the additional risk of impermanent loss.Users will need to create the GF-ETH LP tokens on Uniswap v2, by staking an equivalent value of GF and ETH to create GF-ETH LP tokens.Step 1: Select Pair on UniswapClick here to Add Liquidity to the GF-ETH Liquidity Pool.Add the GF token to your wallet if you have not already done so.Token Contract Address: 0xaaef88cea01475125522e117bfe45cf32044e238Token Symbol: GFDecimals of Precision: 18Step 2: Connect your walletClick ‘Connect to a wallet’ in the top right corner. You will be prompted to unlock your wallet.Step 3: Enter and Approve the ETH and GF amountInput the amount you want to add to the pool. You can specify the amount either in GF or in ETH, and Uniswap will automatically calculate the other one at the pool’s current rate.Click ‘Approve GF’. You will be asked to approve the Ethereum transaction and pay the gas fee.Step 4: Supply your liquidityClick ‘Supply’ and ‘Confirm Supply’ to supply your capital to the pool. Once the transaction completes, you will have GF-ETH LP (visible as UNI-V2) tokens inside your wallet. Uniswap will also show you your pool share, indicating you are part of the liquidity pool.Step 5: Enter GuildFi’s Staking pageYou will see two staking pools, i.e. the GF Single-Staking Pool and GF-ETH Liquidity Pool. For this section we will be covering the steps for the GF-ETH Liquidity Pool.Step 6: Connect your walletConnect with the same wallet holding your GF-ETH Liquidity Pool tokens.Step 7: Start StakingClick on the ‘Stake Now’ button. A pop-up with your GF-ETH balance will appear to enable you to select your preferences.Step 8: Select Deposit Amount and Lock PeriodEnter your preferred deposit amount in the box and choose your locked staking period on the sliding bar. This will ultimately determine the reward you will receive.You will also be able to customise the amount of GF-ETH LP tokens you want to stake. If you want to stake all your tokens, click the ‘Max’ button. If you want to stake a specific amount, enter the numbers into the text box.The aforementioned GF-ETH LP tokens will be locked in the chosen period, i.e. you will not be able to access the GF-ETH LP before the period is up. This locked period ranges from 1 to 52 weeks.Upon selection, the unlock date, an estimated APR based on your lock-up period, and the amount of xGF-ETH you will receive during the lock-up period will be displayed.Once you’re happy with the displayed values, click the ‘Allow GuildFi to use my GF-ETH for staking’ to proceed.Step 9: Approve GF-ETH to Use Your GF For StakingAfter clicking the ‘Allow GuildFi to use my GF-ETH for staking’ button, you will need to confirm this with your connected wallet (i.e. Metamask, WalletConnect, Ledger, Trezor).Click ‘Confirm’ in the pop-up window to approve the transaction.Note: This step will incur a small gas fee. Ensure you have sufficient ETH in your wallet for the transaction.Note: The above pop-up is from using a Metamask wallet. Using a different type of wallet may result in a different interface for the confirmation process.Step 10: Approve GF-ETH StakingYou will be taken back to the pop-up with your pre-selected options for staking. The ‘Allow GuildFi to use my GF-ETH tokens for staking’ button has been changed to a ‘Stake Now’ button.Click ‘Stake Now’ to stake your tokens.The wallet prompt will appear as it did earlier displaying the estimated gas fees associated with the transaction. Click ‘Confirm’ and wait for the transaction to complete.Note: This step will incur a small gas fee. Ensure you have sufficient ETH in your wallet for the transaction.Note: The above pop-up is from using a Metamask wallet. Using a different type of wallet may result in a different interface for the confirmation process.Staking Complete!Congratulations, you’ve now successfully staked your GF-ETH tokens! This will be confirmed by a pop-up on the top right of your browser. You will receive an equivalent number of xGF-ETH tokens inside your wallet as proof of stake.Note: If you wish to stake more than once, V2 will only allow users to choose a lock up period that is the equivalent or longer than their lowest lock up period. This applies to both pools, i.e. the GF Single-Staking pool and the GF-ETH Liquidity Pool.Section 4: FAQs1. What are the main differences between Staking V1 and V2?2. If I choose to stake with a lock-up period of 52 weeks in Staking V1 before December 2022, what would happen to my GF tokens? Can I withdraw or cancel the stake?Answer: Users cannot cancel or withdraw their stake before the contract ends. If you had chosen to stake for 52 weeks, you will have to wait for 52 weeks, and will continue to receive rewards even when Staking V2 starts distributing rewards on 11 January 2023. The APR % for both V1 and V2 pools are dynamic depending on the Total Value Locked (TVL), and will be expected to have a more sustainable APR, with rewards for V1 converging towards V2.We will be introducing features later to enable early withdrawal before the locked period ends. However, this will incur a penalty fee.3. Can I claim my rewards daily as in the V1 Staking program? How often are rewards in V2 released?Answer: No, moving forward, for both V1 and V2 Staking programs, users will not be able to claim their rewards daily. Users will be able to claim rewards at the same time as your initial deposit when the lock period ends, i.e. if you choose to stake for 4 weeks, you will be able to claim rewards and withdraw your initial capital after the 4 week period ends.The rewards in both staking V1 and V2 are distributed and auto-compounded every 7 days, with the first snapshot taken on 11 January 2023, 11:55 PM (UTC), and the first reward distribution and second snapshot on 18 January 2023, 11:55 PM (UTC), second reward distribution and third snapshot on 27 January 2023, 11:55 PM (UTC) and so on.Note: There is no 90-day (3-month) rewards lock-in period for GuildFi Staking V2 program.4. When can I start staking for V2?Answer: You can start staking from 10 January 2023 until the last day of the staking program. In order to be entitled for the first batch of rewards, you will need to start staking, or migrate your tokens (if available for withdrawal) from V1 to V2 by 11 January 2023, 11:55 PM (UTC).5. How can I migrate my GF in the Single-Staking Pool from V1 to V2?Answer: You can start migrating from V1 to V2 on 11 January 2023 onwards. Go to the V1 Staking page and ‘Migrate all positions to V2’ to save on gas fees, or you can choose to selectively migrate each tranche by using the respective ‘Migrate to V2’ buttons.Click ‘Start Withdrawal’ and ‘Confirm’ the transaction in your wallet. Each withdrawal will require 1 confirmation, e.g. if you have 10 withdrawals for 10 tranches, you will need to confirm 10 transactions.6. How much is the reward allocated for the V2 Staking program? Is it still 60M GF tokens?Answer: No, the total reward for the V2 Staking program is 30 million GF tokens. The amount of rewards will also be updated visually on the dashboard weekly (tentatively every Wednesday). However, the rewards are locked, auto-compounded and only available for withdrawal once the initial stake is unlocked (refer to FAQ Question 2).7. How many staking pools are there for the V2 Staking Program?Answer: They are 2 pools of staking in the V2 Staking Program, which the total GF rewards will be allocated to. The Single-Staking Pool will be allocated 30% of the total rewards, whereas the GF-ETH Liquidity Pool will be allocated the remaining 70%.8. What will be the % APR for the GF Single-Staking pool? Will it still be around 190%-200% like the first staking program?Answer: No, the V2 Staking Program % APR has been revised downwards to a more sustainable range, and will vary depending on the number of users and the respective Total Value Locked in the pools. However, the % APR in V2 will be higher than V1 in order to encourage staker migration.9. What is the lock-up period for the V2 Staking Program?Answer: Users can choose anywhere between 1 to 52 weeks to lock their GF or GF-ETH LP tokens.10. If I have only GF tokens valued at $1,200, and no ETH, can I stake on the GF-ETH Liquidity Pool?Answer: No, users must have the same value in both GF and ETH to stake in the GF-ETH Liquidity Pool. In this case you have 2 choices:Buy $1,200 worth of ETH to create the GF-ETH Liquidity Pair. In this case, you will have $1,200 worth of GF and $1,200 worth of ETH totalling $2,400 in the GF-ETH Liquidity Pool.Swap half of your GF tokens into ETH to create the GF-ETH Liquidity Pair. In this case, you would swap $600 worth of GF tokens to ETH. So, you will have $600 worth of GF and $600 worth of ETH totalling $1,200 in the GF-ETH Liquidity Pool.11. What will be the % APR on the GF-ETH Liquidity Pool?Answer: There is no fixed % APR in the Liquidity Pool. Stakers will receive 2 types of returns, i.e. GF tokens and GF-ETH from swap fees.GF tokens will be rewarded based on the quantity of GF-ETH LP tokens staked and duration.GF-ETH from swap fees will be received to more users transact GF tokens on Uniswap. The rewards will only be received when you unstake your initial deposit from the pool. However, take note the amount of GF and ETH tokens you receive when unpairing the tokens, i.e. remove liquidity, will vary from the initial quantity used for pairing due to impermanent loss should the prices of each token move in different % and/or in different directions.The more users utilizing the GF-ETH Liquidity Pool on Uniswap, the more transaction fees (swap fees) to the pool which results in an increase in % APR. Also, the more users and Total Value Locked providing GF-ETH liquidity, the lower the % APR as the rewards are distributed to more users.12. How can stake a new amount of GF or GF-ETH LP tokens, or re-stake my tokens when they become unlocked?Answer: You can click on the ‘Deposit’ button, enter your new GF and/or GF-ETH LP token amount, lock up period, click ‘Stake Now’, and approve the transaction. If you have an existing staked amount and want to extend the lock up period for a higher % APR, click on ‘Extend Lock Period’, choose the period you would like to extend it to, and approve the transaction. Note that you can only increase the lock-up period and not decrease it.If you have multiple staked amounts entered at different point in times, the lock-up period for all tranches will be extended to the same new unlocking date.For example:Tranche 1 is staked on 1 Feb for 4 weeks so it unlocks on 22 Feb.Tranche 2 is staked on 8 Feb for 4 weeks so now both Tranches 1 and 2 unlock on 1 Mar.Tranche 3 is staked on 15 Feb for 8 weeks so now all 3 traches unlock on 5 Apr as it extends all previous tranches for 8 weeks.13. Does the xGF and xGF-ETH tokens have any utility?Answer: Currently, these tokens have goveranance voting rights for proposals that will impact the GuildFi product. Also, holders of xGF and xGF-ETH will have additional benefits on our platform, like early access to digital collectible whitelists, airdrops, beta testing of partner products, higher chances of winning prizes in our marketing campaigns etc. We will be building more utility over time. Watch out for more details in our announcements coming soon!About GuildFiGuildFi aspires to create an interconnected ecosystem of games, digital collectibles, and communities, to maximise players’ benefits and enable interoperability across the web3 gaming landscape. GuildFi solves the discovery and access problems for players while enhancing their performance and maximising their rewards. Players’ engagement and achievement are no longer discarded and limited to specific guilds or games, but instead, contribute towards their ranks and elevate their benefits in the long run.Follow GuildFi: Website | Twitter | Discord | Telegram | YouTube | TikTok | InstagramGuildFi’s New V2 Staking Program: A Step-by-Step Guide was originally published in GuildFi on Medium, where people are continuing the conversation by highlighting and responding to this story.

GuildFi’s New V2 Staking Program: A Step-by-Step Guide

To ring in the festive season GuildFi is launching our very own Christmas Carnival campaign! Along with allowing us to celebrate the Christmas season with our valued community members, this campaign is also intended to give back to the community that have supported and participated in so many campaigns on the GuildFi platform throughout the year.The Christmas Carnival is a collaboration campaign with KOF Arena and Derby Stars. The campaign invites GuildFiers to complete fun quests to win exciting prizes from famous games such as Valorant, Overwatch2, League of Legends, Genshin Impact and Steam Wallet. The total rewards value for the Christmas Carnival campaign is $15,000!As we continue to onboard new users to GuildFi and the world of Web3, we are giving away a special Logitech G Pro Wireless mouse for one lucky new GuildFi user that participates in the campaign as well.Campaign Duration: 16 December 2022 07:00 (UTC) until 21 December 2022 16:00 (UTC)Christmas Carnival Campaign QuestsComplete all 10 campaign quests below from GuildFi and our campaign partners, KOF Arena and Derby Stars to maximize your chance in winning amazing rewards:GuildFi Quests1. Follow GuildFi Twitter2. Sync your Twitter account on GuildFi.com3. Join GuildFi Discord4. Share photo or videos of what activity you will be doing during your Christmas holiday on Twitter with:#GFChristmasCarnival#GuildFiTag GuildFi’s Twitter account @GuildFiGlobalTag 3 friends5. Connect your Steam account on GuildFi.com and play any games on Steam for a minimum of 2 hours.KOF Arena QuestsFollow KOF Arena’s TwitterDownload KOF Arena Game here and input your Marblex Wallet Address.Join KOF Arena’s DiscordDerby Stars QuestsFollow Derby Stars TwitterJoin Derby Stars DiscordChristmas Carnival Campaign RewardsThere will be various rewards up for grabs during the Christmas Carnival campaign via the boxes below. If users do not win the listed rewards below when opening the boxes, they will be rewarded with GXP instead. Everybody wins this Christmas!The rewards and eligibility criteria are as follows:1. Surprise Christmas Boxes: Participants that complete all 10 Christmas Carnival campaign quests will stand a chance to win Surprise Christmas Boxes. Once participants complete all 10 quests, they must claim lucky draw tickets on GuildFi Marketplace for 1 GXP each to become eligible. Users can choose to purchase all 5 boxes, but can only do so 1 at a time.The prizes for the Surprise Christmas Boxes is valued at 10,000 USD and include:330 Genshin Impact Genesis Crystals540 Valorant points4.15 USD in Steam Wallet500 Overwatch 2 Coins575 League of Legends Riot PointsGXP2. NFT Christmas Boxes: Participants that complete all 10 Christmas Carnival campaign quests will stand a chance to win NFT Christmas Boxes. Once participants complete all 10 quests, they must claim lucky draw tickets on GuildFi Marketplace for 1 GXP each to become eligible. Users can choose to purchase both boxes, but can only do so 1 at a time.The prizes for the NFT Christmas Boxes is valued at 1,000 USD and include:KOF Arena ControllerDerby Star NFTGXP3. Welcome Christmas Boxes: Participants that have newly joined GuildFi.com after the Christmas Carnival campaign has started, 16 Dec 2022 7:00 UTC, will stand a chance to win Welcome Christmas Boxes. Participants must claim lucky draw tickets on GuildFi Marketplace for 1 GXP each to become eligible.The prizes for the Welcome Christmas Boxes is valued at 900 USD and include:10 Logitech G Pro Wireless MouseGXP4. GuildFier Christmas Boxes: Participants that have a user level on GuildFi.com of 8 or above will stand a chance to win GuildFier Christmas Boxes. Participants must claim lucky draw tickets on GuildFi Marketplace for 1 GXP each to become eligible.The prizes for the GuildFier Christmas Boxes is valued at 3,000 USD and include:5 Secretlab TITAN Evo 2022GXPNote: Rewards 3 and 4 will be distributed in the equivalent USDT value of each item to the users’ wallet connected to their GuildFi account.Winners will be notified and confirmed immediately after opening their boxes. Rewards to winners will be distributed by 31st December 2022 23:59 UTC.About GuildFiGuildFi aspires to create a Guild 2.0, an interconnected ecosystem of games, NFTs, and communities, to maximize players’ benefits and enable interoperability across the metaverse. GuildFi solves the discovery and access problems for players while enhancing their performance and maximizing their rewards. Players’ engagement and achievement are no longer discarded and limited to specific guilds or games, but instead, contribute towards their ranks and elevate their benefits in the long run.Follow GuildFi: Website | Twitter | Discord | Telegram | YouTube | TikTok | InstagramGuildFi Launches Christmas Carnival Campaign was originally published in GuildFi on Medium, where people are continuing the conversation by highlighting and responding to this story.

GuildFi Launches Christmas Carnival Campaign

On the 9th of December 2022, our Founder, Jarindr Thitadilaka, joined Huobi Japan for an Ask Me Anything (AMA) session. Discussions during the AMA revolved around GuildFi, GameFi, and NFTs. During the session, Jarindr also answered some questions directly from eager listeners.You can listen to the full AMA session on GuildFi’s YouTube channel here.Below is a transcript of the questions and answers from our AMA with Huobi Japan.Q1: Who are you and what is GuildFi’s story?Hi everyone! I’m Jarindr or “Ja”, founder of GuildFi; I have a background in engineering.About a year ago, GuildFi launched as a guild and gaming ecosystem. The initial idea of GuildFi was inspired by the rising popularity of play-to-earn games such as Axie Infinity.Not only did it create a new trend in the crypto industry but also changed the perspective of how people looked at games, transitioning from pay-to-play, and pay-to-win to free-to-play and then play-to-earn. The boom of Axie Infinity led to the invention of the guild scholarship model which is the initial model that GuildFi is based on. The space has been moving non-stop, and you see tons of investment from all the VCs pouring into both the gaming and crypto industries.GuildFi received our first $6mil seed round, co-led by DeFiance Capital and Hashed. We also received backing from Pantera Capital, Coinbase Ventures, Animoca Brands, Dapper Labs, Play Ventures, Coin98 Ventures and SkyVision Capital. Finally, we also received funding from BSC Investment Fund bringing our treasury to a total of $146 million.After several months, the space keeps evolving and play-to-earn is not profitable anymore, we at GuildFi adapted and have pivoted into interactive social gaming platforms that ultimately will be one of the prominent projects that bring users from web2 to web3.Q2: How has the journey been for the past year? (Partners, GuildFi team)GuildFi started out as a Guild and focused on a scholarship model for a blockchain game like Axie Infinity. It was one of the best investments during that time for play-to-earn games.The P2E trend was not sustainable so we shifted our focus from the scholarship model to being a social interactive platform for gamers, and we want to be leading at the forefront of the web3 and gaming industries.Our objectives have not changed, which is to onboard gamers from web2 to web3 as smoothly as possible and we want to accelerate people in understanding of NFT and games.After a year, GuildFi established a lot of good partners within the gaming industries, for example, Netmarble, MarbleX, Luxon, Ni no Kuni, and a lot of promising blockchain projects, including kpop studio Modhaus.We believe that working with the right partners, and finding those complementary to our ecosystem is one of the most efficient ways to successfully grow our guild communities.Even though we are in a bear market, we also believe that this is the best time to build and we have set ourselves up to be in a position to do so. GuildFi is expanding — our team is now ~70 man strong, located mostly in the SEA region, and we are working non-stop on partnering up with promising projects, upgrading our platform to expand our ecosystems, and continuing to onboard users.Q3: Tell us about the product and what’s in store for 2023.We recently upgraded to version v1.5 taking us one step closer to being a more social, interactive metagaming platform. We have improved the user experience such as quest system, marketplace, game discovery, and user dashboard. We also introduced 3 new features to the platform which are inventory, leaderboard, and achievements.We will do further upgrades in v2 to be the new generation platform for gaming and target to hit more than a million users next year.Q4: What does GuildFi aim to be and how will GuildFi fit into the metaverse world?Nike is one of the biggest brands that commit to the metaverse, and they have partnered with prominent projects like RTFKT Studios, to get into the NFT and web3 space for their apparel collections.Another example is Samsung, one of the largest tech companies in the world, also heavily invested in metaverse and web3. They collaborated with Decentraland to create a virtual flagship store and launched their flagship Galaxy S22 phone in the metaverse.All these are just signaling mechanisms to show that the industry is just starting. GuildFi aims to be at the forefront and is currently building towards it.We have acquired land on Sandbox and are collaborating with Nimit Nation, a metaverse builder to create Jinta Valley, a map available on Sandbox Alpha Season 3 with 5 zones for players to explore, including a Cyberpunk themed one.After which, we are also looking into building SocialFi layers on GuildFi and integration into the metaverse, be it our own or our partners’.Q5: Could you share more about the $GF token and staking program?In our first year, our GF token is designed as a governance token that reflects our investments and ecosystem. It can also be used to get the whitelist from game projects as we believe our token holders are also gamers.After the first year, the GF token will be the main utility token for our entire ecosystem. We could potentially let our users burn GF tokens to get GXP where users are able to use their GXP to buy assets on our marketplace or we could let our users buy some discounted items on our marketplace, in exchange for GXP.GuildFi has been designing a lot of exciting tokenomics that have not been made public yet. Our first year staking program is ending and we will be launching our v2 staking program first. We put up a draft proposal for our community to discuss in our TG and Discord channels last week. This includes what liquidity pools we will open, the reward allocation, % APY etc. And now, the revised proposal with the community’s feedback has been put up for a vote starting on 7 Dec for a week. All $GF holders and stakers are welcome to vote, and once it passes we will implement this in Jan 2023.So if you want to be part of this, get some $GF on Huobi, hold it in your wallet and join the community vote on our Snapshot page.Q6: Could you tell us a bit more about any campaigns that you are running?We have 2 campaigns on-going:World Cup Prediction Campaign (started 8 December)This is our first ever Prediction Campaign for the World Cup where users can predict the winners for the 8 final matches, i.e. quarter finals onwards, and share a prize pool of USD 3,300.Users only need to hold GXP (you can do this easily by completing quests on our platform), and redeem GXP for tickets of the team you think will win on the GuildFi Marketplace. If you predict the overall World Cup Champion correctly, you stand a chance to win a EA Sports FIFA 23 game.If you predict 3, 5 or 7 correct match winners, you will be entitled to enter the USD 3,000 prize pool.Christmas Carnival Campaign (starting 15 December)Do GuildFi and our partners’ (KOF Arena and Derby Star) social quests, like following Twitter, Discord, and posting pictures of what you would like to during Christmas with our #GFChristmasCarnival hashtag, play any Steam games for 2 hours.Then stand a chance to win popular web2 game items like Valorant, Dota2, Genshin Impact, LoL, Overwatch in-game items and currencies, digital collectibles from web3 partners like KOF and Derby Star. Also, loot boxes with gaming products.Q7: As a project from Southeast Asia, what do you think of the prospects of Japanese games and crypto?Japan is a high potential market for GuildFi, as we have seen really strong signals in the market on crypto and gaming adoption.Since 2016, the Japanese government has made cryptocurrencies legal tender, and has been proactively trying to regulate the cryptocurrency market to make it safe for local users, including exchange license issuance, choice of tokens to be listed, and ICO process. More recently, the Japan’s Digital Ministry is creating a DAO to explore web3 technology, and there are big players like NTT Docomo investing US$4 bil into web3 infrastructure.In terms of gaming, the Japanese gaming industry makes up 13% of the whole gaming industry worldwide. It comes as second nature for people within Japan to understand the advancements blockchain gaming is showing from these homegrown companies.2022 has seen many of Japan’s leading gaming companies make the transition to play to earn and blockchain when creating both old and new series. E.g. SquareEnix with Final Fantasy, Capcom’s Street Fighter 2 with their NFT trading card game, Konami with their NFTs for Castlevania.There is a limitless list of possibilities when looking at Japan and their previous track record of gaming releases. Within Japan, people of different ages and walks of life engage with the collector culture that has swept the nation for many decades now. Whether it be physical or digital, the Japanese enjoy the ownership of their favorite brands, characters etc.Coupled with Japan’s extremely early acceptance of crypto, this means we spend less time and effort on market education. Match that with the huge gaming scene and the overall reception to new projects will be huge!Q8: What do you think are the differences between ordinary gaming habits and blockchain gaming habits for Japanese users?I think at the start, blockchain gamers across the world tended to be crypto enthusiasts / native users who were attracted to the play-to-earn mechanisms, e.g. Axie Infinity, wanted digital ownership and control over their gaming.As we know, that market did not have sustainable tokenomics and it crashed along with the market when tokens were dumped in the market. Also, NFTs have had lukewarm reception in the market when not implemented correctly. E.g. Ubisoft players complained how it took 600 hours of playing time to earn just a single free item — a cosmetic helmet for in-game avatars. Now the game and blockchain companies are trying to rework the game economy and work on integrating NFTs fully into a game’s native economy so that users have a stake in it, and real world value.Then over time, these gaming habits will merge till the terms will become synonymous — gaming will just give more control to players in terms of asset ownership, have real world value with digital assets interoperability, and have decentralized game economies to reward users for their engagement.Q9: How do you integrate NFTs into GameFi?The integration needs to be seamless into the games’ native economy so that users have a stake in it (i.e. decentralised ownership), and real world value. This could include certain characters, skins, in-game items, assets within the game. Not everything, else it will inflate the supply and drive down the price! The tricky part is to balance supply and demand, and on items that users will deem to have value.This brings it back to the utility of the item — some of them could have pure cosmetic / aesthetic value for players to flex. Others could grant their character special abilities, have higher chances of winning a gacha, or even give players early access to certain games, or gameplay etc. Think of the “real” or “fiat” world commodities like VIP access cards, a limited edition Birkin, or a Fortnite skin that people will pay good money for.Q10: The Japanese community tends to have a negative perception on NFT and crypto that may slow down the integration with the Japanese Gaming industry. How will GuildFi try to overcome its obstacle, as one of the biggest Gaming guilds?We will focus on building up the community with the right established partners in Japan, like Huobi Japan, when entering the market. We will focus on partnerships with established gaming companies as well.Take for example now, we work with companies like Luxon (Line), MarbleX (NetMarble) and Kakao Games, on moving their web2 games to web3, and building up their user base. We engage their local communities with game quests tailored to their needs and objectives, be it building up their social platforms, attracting more users to participate in their campaigns, play and level up in their games, and reward them accordingly. We want to create value for content creators, crypto and gaming communities by incentivising engagement and for users to build up connections.Ultimately, we work on a win-win-win mentality for our users, partners and our platform.Q11: Due to the skepticism towards the crypto industry, nowadays the transparency of the project is key. How do you maintain transparency in your community?We have a strong community on Twitter, Discord and Telegram, which is where we consistently share the latest on our project progress, and campaigns. User education is key and we want to lower the adoption hurdle as much as possible.If there is a question on the project, I normally personally respond myself, or the social channel moderators do it on my behalf. We have a proper screening and training program for our moderators and community helpers to ensure our messaging is consistent, timely and as accurate as possible.We also publish our activities and updates on our website and Medium. The key is to focus on our product, users and the right partners to build up trust. The rest will come naturally after.Q12: When it comes to mass adoption regarding crypto, metaverse and gaming are the most relatable to the community in Japan. Are there any other unique ideas to increase mass adoption in Japan, which is the biggest game-consuming country?We at GuildFi focus on building the best product and platform, collaborating with the right partners, for our community to drive user adoption and growth into the web3 gaming space. Our philosophy is product first, and the users will come. Then we tweak the product and offerings, to provide the best experience to our users. Finally, will we focus on marketing to amplify our messages and scale adoption.Q13: Could you tell us the benefits of using Guildfi as a Japanese user?GuildFi aspires to create a Guild 2.0, an interconnected ecosystem of games, NFTs, and communities, to maximize players’ benefits and enable interoperability across the metaverse. As a user on GuildFi, we enable all users, including Japanese users to discover and access more games, access to exclusive partner whitelists, and other products on our platforms. We even offer web2 gaming products on our marketplace as well. On top of that, you will get more rewards like GXP, from participating in our community and platform, which enable you to join in our campaigns and win even more prizes.Players’ engagement and achievement are no longer discarded and limited to specific guilds or games, but instead, contribute towards their ranks and elevate their benefits in the long run.Q14: How can we start to use GuildFi today?Just sign up for an account on our platform at guildfi.com with your email address, or Google login.Go to your account settings and connect your Twitter and Discord accounts.Then go to our quest page: https://guildfi.com/quests to claim your GXP rewards for connecting your Twitter and Discord accounts.Also, remember to claim your daily 10 GXP rewards.Feel free to connect your Steam account, play any game on Steam and earn rewards on our platform, which you can redeem for prizes on the GuildFi marketplace.There are also on-going quests for the World Cup where you can predict the winner and win more prizes. Also, we have our Christmas campaign starting on 15 December, so watch out for that!Next up, we have questions from the community.Q15: Was GuildFi impacted in any way by the recent FTX and Alameda event?No, there was minimal impact. Alameda was our seed investor, but they had relatively small investment, and their liquidation process will take a few years. We also had almost no funds on FTX, so both FTX and Alameda investment had almost no impact on us.Q16: How do you feel about the quality of Japanese blockchain games?Still relatively early, blockchain gaming trends started only last year, and game quality is still relatively low. We recently visited the Japanese market and saw that it’s still relatively new, with indie games, and soon the big IPs and giants like Square Enix and Sega will be coming into the space, so the quality IPs and games will be coming out soon over the next few years.Q17: What’s GuildFi’s strategy to rebuild the GameFi industry given that it’s in a decline?Currently, we are in a bear market and the first batch of games were play-to-earn which relies heavily on that token mechanism to incentivise users, not so much as the gaming experience itself. If you look at good quality games like Fortnite, gamers do not stop playing just because of a market downturn. So, with the advent of good quality and fun games, players will continue to play regardless of the market conditions. Also, good games, e.g. AAA games take years to build, i.e. at least 2–3 years. Most people just started building games last year, so the good games will come over the next year or two. In this way, people will focus on the game itself rather than the token price, and change the way GameFi will evolve over the next few years.About GuildFiGuildFi aspires to create a Guild 2.0, an interconnected ecosystem of games, NFTs, and communities, to maximize players’ benefits and enable interoperability across the metaverse. GuildFi solves the discovery and access problems for players while enhancing their performance and maximizing their rewards. Players’ engagement and achievement are no longer discarded and limited to specific guilds or games, but instead, contribute towards their ranks and elevate their benefits in the long run.Follow GuildFi: Website | Twitter | Discord | Telegram | YouTube | TikTok | InstagramAn AMA with GuildFi and Huobi Japan was originally published in GuildFi on Medium, where people are continuing the conversation by highlighting and responding to this story.

An AMA with GuildFi and Huobi Japan

Here at GuildFi, we love football and the World Cup is arguably the biggest sporting event to be held. Every four years the World Cup comes around and draws viewership and interests from around the world, and this year’s World Cup in Qatar is no different.We have been following the tournament closely, and this year has been a World Cup that has thrown up twists, turns, drama and upsets like we have not seen before. Who could’ve predicted that Saudi Arabia would go on to beat Argentina or that Cameroon would beat Brazil, albeit their second team?!If you predicted the winners of those matches or any other match correctly, you are well placed to do well in our newest campaign: World Cup Prediction.This campaign invites football fanatics in our GuildFi community to predict the winners of the World Cup matches, starting from the Quarter-finals all the way to the Finals. GuildFiers join in by predicting the results of each match and stand a chance to win prizes worth up to $3,300!Campaign Duration: 8 December 2022 4:00 (UTC) until 21 December 2022 16:59 (UTC)World Cup Prediction Campaign QuestsComplete the campaign quests below to join the World Cup Prediction campaign and stand a chance to win awesome prizes:Quest 1: Follow GuildFi’s Twitter and Join Discord channel. Sync your Twitter account on GuildFi.com.Duration: Now until 21 December 2022 16:59 (UTC)Note: Complete Quest 1 as a prerequisite for Quests 2 and 3.Quest 2: Predict the World Cup 2022 ChampionDuration: 8 December 2022 4 AM (UTC) until 9 December 2022 14:59 (UTC)1. Quote tweet this Tweet from GuildFi’s account with three (3) hashtags:The team you think will be the World Cup 2022 Champions, e.g. #Argentina, #Portugal, #France#GuildFi, and#WorldCup2022.2. Input your retweet link on GuildFi’s Quests page.3. Go to GuildFi Marketplace to claim your ticket in order to be eligible for this Quest’s rewards.4. If you correctly predict the World Cup 2022 Champions, you will be eligible for the World Cup Champion Prize.Note: If you do not complete the required steps of Quest 2 before the Quest Duration has ended, you will not be eligible to receive the rewards associated with this quest.Quest 3: Correctly Predict As Many Games As PossibleDuration: Now until 21 December 2022 16:59 (UTC)Predict the winner of each of the 8 matches from the Quarter-finals till the Finals, and stand a chance to win rewards.1. Predict the winner of each match. You will be able to submit your prediction for each match up till 1 hour before the start of each match.2. You will be able to obtain your prediction ticket(s) from the GuildFi Marketplace where:Each ticket is valued at 20 GXP;A maximum of 5 tickets per match for the Quarter-finals can be redeemed;A maximum of 10 tickets per match for the Semi-finals and Finals can be redeemed;Each ticket will be counted as one (1) entry.Multiple entries can be redeemed per match, but you will only be able to pick one winning team per match.3. If you predict correctly and win, you will be awarded GXP as a reward.4. The amount of GXP awarded will be determined by the GuildFi team and will be announced at a later date. If you predict incorrectly or the losing team, no rewards or GXP will be awarded for this quest.World Cup Prediction Campaign RewardsThere will be various rewards up for grabs during the World Cup Prediction campaign. The rewards and eligibility criteria are as follows:1. World Cup Champion Prize: 10 participants who correctly guessed the World Cup 2022 Champions will be randomly chosen to receive the EA SPORTS™ FIFA 23 game, worth $30. The prizes will be distributed in stablecoin.Those who guessed correctly but did not win the EA SPORTS™ FIFA 23 game will receive 50 GXP instead.Winners will be announced by 23 December 2022, 13:00 (UTC).2. Top Winning Picks Prize: The total prize pool for this Quest is 3,000 USDT and will be divided into 3 equivalent prize pools of 1,000 USDT based on the amount of correct predictions. This will give the maximum opportunity for as many community members to win as possible.3 match-wins Prize Pool : Participants that predict at least 3 match outcomes correctly will qualify for Pool 3. 1,000 USDT will be shared equally amongst every participant in Pool 3.5 match-wins Prize Pool: Participants that predict at least 5 match outcomes correctly will qualify for Pool 5. 1,000 USDT will be shared equally amongst every participant in Pool 5.7 match-wins Prize Pool: Participants that predict at least 7 match outcomes correctly will qualify for Pool 7. 1,000 USDT will be shared equally amongst every participant in Pool 7.Participants will be able to enter multiple Pools, provided they meet the eligibility criteria.Note: Each Pool will be open for participation from 20 December 2022 10:00 (UTC) until 21 December 2022 16:59 (UTC).About GuildFiGuildFi aspires to create a Guild 2.0, an interconnected ecosystem of games, NFTs, and communities, to maximize players’ benefits and enable interoperability across the metaverse. GuildFi solves the discovery and access problems for players while enhancing their performance and maximizing their rewards. Players’ engagement and achievement are no longer discarded and limited to specific guilds or games, but instead, contribute towards their ranks and elevate their benefits in the long run.Follow GuildFi: Website | Twitter | Discord | Telegram | YouTube | TikTok | InstagramGuildFi Hosts World Cup Prediction Campaign was originally published in GuildFi on Medium, where people are continuing the conversation by highlighting and responding to this story.