Introducing Esports in web3 gaming!

Project Details

"MIST" is a blockchain gaming project that bridges the DeFi and GameFi. It addresses the shortcomings of both traditional web2 games and current web3 games. In web2 games, the avenues for players to monetize their gaming skills are limited, primarily revolving around esports or content creation. On the other hand, web3 games have introduced play-to-earn (P2E) mechanics, but they may not fully capture the vibrant culture and appeal of web2 gaming. Web3 are heavily focused on play 2 earn that it restricts itself to evolve as a good game, but as a hardcore gamer I know until we provide the user the best gaming experience, they wont stick to a game, more over the users will shift because some other P2E will come so we should think in this way also.

One of MIST's primary goals is to ensure that gamers remain engaged and interested in the platform. While web2 esports can be rewarding, the path to becoming a professional esports athlete is often challenging and inaccessible to everyone. MIST aims to democratize this process, making it more accessible to aspiring gamers. Our initial strategy involves hosting tournaments where gamers contribute a modest amount to our liquidity pool. Following the matches, we distribute the pool's rewards to the winners through smart contracts. This approach not only encourages competitive gaming but also provides an opportunity for players to earn rewards in a transparent and decentralized manner. MIST envisions a future where the best aspects of web2 and web3 gaming coexist, offering players a diverse and rewarding gaming experience while empowering them with financial opportunities.

Revenue Model

We will have a exclusive MIST nft which user have to buy for playing the esports mode and also he will get other nfts as he will win the game and later he can sell those nfts. A small fee from the liquidity pool which will be made by the users for the match.