What Is JoyStick Games(JOY)?
JoyStick Games gaming industry is currently valued at approximately $180 billion per year. This is based on consumer spending on games and in-game economies. However, there is a major shift happening in the gaming world away from the traditional Pay2Play (P2P) model to the new blockchain-based Play2Earn (P2E) model where users actually earn rewards or a yield from playing and engaging in these games.
This has been seen in the rise of games such as Axie Infinity which has generated revenue of over $11.7 billion in secondary asset sales in their in-game marketplace. With Axie taking only 20% of sales from their marketplace, or $1.3 billion, that leaves the other 80%, or $10.4 billion in sales revenue, flowing back to end users. In addition to marketplace sales, Axie players have also captured $250M in the form of yield generation of the native token $SLP by playing the game.
But Axie Infinity is not the only one. Another popular Metaverse, Sandbox, has seen a total of $211M in land sales alone. Add them to a growing list of many others with similar success stories.
Joystick is a next-generation gaming ecosystem that empowers users to become business/brand owners, professional eSports gamers, or content creator/influencers in the evolving web3 world. This is accomplished by combining technology, gamefi, NFTs, eSports, content creators, influencers, communities and education to deliver maximum yield across the Metaverse.
JoyStick Games Coin is introducing GameFi as a Service (GaaS), improving upon the existing P2E model and delivering greater freedom to players. The platform will enable players to earn money doing what they love by providing access to lend or rent the most valuable NFT gaming assets on the blockchain.
Important Points Table Of JoyStick Games
| Basic | Points |
|---|---|
| Coin Name | JoyStick Games |
| Short Name | JOY |
| Max Supply | 5,000,000,000 |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |