Ecosystem Proposal - Shards App, Guild building and monetization tool for GameFi

Introduction

Shards is a free-to-use SDK built for game studios that boosts in-game engagement and revenue by allowing players to create, fractionalize and trade in-game guilds. Shards is fully compatible with Metis Blockchain and ready to be integrated into any game on Metis Blockchain.

Value Proposition

Based on our analyses and research we have discovered that nearly 80% of games lose their TVL and active users within the first 4 months of the game’s release, in many cases the slope goes down to 90% within the first 6 months.

Despite being well funded by backers, venture capitalists, and receiving blockchain foundation grants, Game Studios struggle to find the best economically efficient strategy to retain in-game users.

NFT sales, token launches, airdrops do not seem to be an ideal solution, and users expectations are always beyond the reach of game’s deliveries. In a bear or calm market, these strategies do not work. Often play-to-earn, users have to purchase expensive gear, lands, equipment and other in-game assets. Game studios on the other hand gravitate towards return on their investment and mainly focus on short-term cash incomes.

Uniqueness Factor

We have recognized that Friend.tech was one of the few blockchain projects not only to sustain the bear market but generate a revenue of $30M+ being a social platform. We have also examined the expanding integration of guilds in all major Web2 games and introduction of social platforms into Web3. Pooling these two engines, we have come up with an idea of providing guild building capabilities and allowing to fractionalize guilds and trade them.

Shards SDK will allow game studios to be able to implement guild building and allow users to monetise their guild and start earning while progressing in the game.

Benefits for Users

We cover all participants of the ecosystem, players, non-players, game studios, and the blockchain foundation.

Asides from the increasing engagement, retention and spending in the app, studios actually generate revenue on these fractions. Below please find the benefits of each participant. The mechanism implies a 10% trading fee for every fractions traded, which is then distributed among the participants.

• Game studio - receives a 3-4% of the total trading fee
• Guild - receives 5% of the total trading fee (whenever their fractions are traded)
• Shards - receives 1% of the total trading fee
• Metis - have an option to receive 1% of the total trading fee as a revenue or for Blockchain’s prize pool and other incentives.

Benefits for Metis

Metis’s gaming ecosystem will have a new mechanism to power up their guild system with additional benefits, such as:

• Motivated and engaged user-base who love to compete against other players.
• Auxiliary liquidity source, with the cash inflow coming from players, spectators, and frequent traders of Shards App, increasing the game’s TVL.
• Auxiliary monetization source, where the studio earns from the fee generated by ecosystem participants as they create, buy and sell seats or fractions.
• Attract major Gaming Guilds, who are already part of the Shards Tech ecosystem and are open to discover and explore new projects and markets.

Summary

Gaming niche is still uncovered and the potential of blockchain gaming is yet to be fully revealed, hence we see an immense potential in our partnership. Shards would like to be part of Metis Blockchain’s ecosystem and participate in scaling the gaming ecosystem of Metis bringing a sustainable TVL and growing user engagement.

Links

Website https://shards.tech/ Trading Platform https://app.shards.tech/ Whitepaper https://whitepaper.shards.tech/ Twitter x.com YouTube