Huobi Ventures Invests $10M in GameFi - Why not Splinterlands?

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(Edited)

GameFi is still in the early phases of its potential. With the growing interest triggered with the profitability of Axie Infinity; the listing of Alice token in Binance Exchange and the top dApps like #Splinterlands ranked on blockchain data tracking websites, we can easily foresee the future of this blockchain-based gaming model.

Huobi Ventures and Splinterlands investment.png

While all these things going around, the listing has been non-stop happening in crypto. Recently, MOBOX and GALA tokens were listed on top exchanges thanks to their community, products and use cases. Though there are similar cases, Splinterlands, the game ranked at #1, has not been listed on Binance and other top exchanges YET! I do not think it will take too much time to see the furry of listing. Sure thing 👊🏼

Huobi Ventures & GameFi

Actually, we should first consider the reasons behind the declaration of investment into GameFi models. As you may know,, Huobi has its own Smart Chain, a.k.a HECO, that has not attracted enough attention.

Besides trying to grab some volume of GameFi trend and new crypto gamers, there is an aim to increase the engagement on the smart chain via bridges of the existing games and new games that might be built on HECO as seen on Binance Smart Chain.

The Support -> Investment & Technical Support

According to Cointelegraph,

In addition, the investee companies and projects will receive Huobi’s backing in terms of PR support, financial and legal advice, technical support for project deployment, and commercial assistance.

The projects that are selected will have a full support from Huobi team in their loooong journey. IMHO, Huobi is an exchange that has enough experience and sources to support any project that has the potenail to feed both parties.

HECO Chain.PNG
HECO Chain

The Prioritized Projects

I do not think the project would go for Axie Infinity or Decentraland that are already well-known by millions. The projects that are going to be under their radar will be the #Play2Earn modelled games with developments, teams and less-popularity. When these things are considered, there might be two ways that they can follow:

A projects that has not being launched -> Launch on HECO

This is the first way that Huobi Ventures may wish to put their money as it will both effect the existing blockchain HECO and the fresh blood may change the destiny of the chain. Yet, HECO needs to be more active to reach the potential of a new-born P2E game. Thus, this option owns some serious issues to be considered.

Existing & Growing game + Bridges to HECO

This option may be less profitable for Huobi as there won't be as much interaction as in the first scenario. Yet, the bridges and incentives may make people more aware of HECO while adding value to both sides.

At that point, the team is supposed to spend more money for bounties, rewards and initiatives than the former option. However, Houbi is in need of such a GameFi IMHO...

That's why Splinterlands is the best options

Just a reminder, Splinterlands has the most active users in crypto ecosystem.
Splinterlands no1 players.PNG

It's the number 1 dApp that has ben exponentially growing. While there are thousands of users, the tokens has not been listed on major exchanges. Besides, the game already has lots of inter-blockchain mechanism that are operating flawlessly. Among all other options, Splinterlands can be the most suitable game ever for Huobi team. Just imagine some events that are specifically designed for HECO operations! 264k users and imagine the engagement on Huobi's Smart Chain!

In my opinion, @splinterlands may contact Huobi Ventures for the possible partnership that can be profitable for both sides. While there are tens of options, I see no better one superior than Splinterlands in any ways.

Governance, Community, NFTs, In-game tokens and Interblockchain operations...
These things are hard to find all-in-one in crypto ecosystem 😉

Posted Using LeoFinance Beta



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13 comments
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Maybe because Splinterlands is already privately funded - https://www.theblockcrypto.com/linked/112621/popular-nft-game-splinterlands-raises-3-6-million-from-animoca-brands-and-others

But it would be really nice to see such a big name/money attached to the game as I agree with all of your points. ✌

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That news was amazing <3

I think Splinterlands would fit perfect for the purpose of Huobi Ventures. Future is exciting and bright 😎

Posted Using LeoFinance Beta

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That's true mate. Never thought I would invest and earn so much through a game. 😂 It's funny and crazy at the same time.

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Hmm things are changing every day.This Gamefi token.Many things in this world are creating token every day even the game you play free before,now has it token.
World are changing.
Thanks for the information

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Ive been insanely bullish on Splinterlands since Nov '20. And yes, they have achieved a tremendous success without any single push by the major players. Hive is still a totally unknown blockchain for funds and big players alike, as it is not even in top 200 market cap.
The day of reckoning is going to be insane.

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I think it is the best time for Splinterlands to shine among the giants of crypto ecosystem. Without social power, we can hardly reach the potential ^^

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Definitely, the last push now is the PR. But money has arrived, so Im pretty confident that @aggroed & Co. are on it.

Posted via D.Buzz

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Well, I believe that splnterlands should not depend on anyone, by itself has risen as much as it has risen today, I believe that in the coming months it will continue to rise and achieve great hits.

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