The overall purpose of Hong Kong’s new encryption policy is to clarify and legalize virtual asset transactions and promote the sustainable and responsible development of Hong Kong’s virtual asset industry through a continuously improving regulatory framework. Under the supervision of strengthening compliance and licensed operations, established institutions and projects that have long-term prudent and compliant operations will obviously gain first-mover advantages. As Hong Kong continues to implement friendly policies in the Web3 field, the region is becoming a new fertile ground for the development of the encryption market.
Recently, a large-scale industry summit in the field of Web3 was held in Hong Kong. Most industry players gathered here to conduct in-depth exploration and discussion of industry development.
At 19:00 on the evening of April 13, the "Hong Kong VC MEETUP" conference, hosted by NOVA, ABGA, and PreIN, and named by Umi's Friends and other well-known ecology, was held for the first time at the Emperor Banquet Center in Wan Chai, Hong Kong. The summit was also the Hong Kong Web3 series One of the higher-level meetings in the summit, it attracted the attention of the industry.
This summit has invited top investment institutions and well-known project founders in the WEB3 field, including more than 70 well-known global blockchain investment institutions such as Bisheng Capital, IBG, Chain Capital, Waterdrop Capital, WEB3VISION, Consensus Lab, CRC, etc., as well as Dozens of high-quality project parties, including OxScope, iPollo, chainge games, lino swap, chainge, etc., participated in the event and had in-depth exchanges on the most cutting-edge and hottest topics in the WEB3 field. Previously, NOVA and ABGA have successfully held multiple global industry summits in Shanghai, Hangzhou, Singapore and other cities, providing close communication opportunities for top geeks and crypto investors from all over the world.
It is understood that the number of attendees at this Hong Kong Summit exceeded 500, far exceeding the organizer's expectations. During the entrance stage before the summit, there was a long queue outside the venue, and the scene was very spectacular.
In this summit, Umi's Friends is the sponsor of this "Hong Kong VC MEETUP" conference, and its business representative Vincent also gave a speech at the scene, and while giving an in-depth introduction to Umi's Friends, he further understood GameFi from the perspective of Umi's Friends. The track was explored in depth, which also made Umi's Friends one of the focus projects at the conference.
Review of Vincent’s speech at the “Hong Kong VC MEETUP” summit
When Vincent introduced Umi's Friends, he first raised the question of what kind of chain games are needed for Web3.0. He said that Gamefi has undertaken the historical mission of connecting Web2 users to participate in the Web3 ecosystem. A good GameFi game narrative should be able to allow more Web2 users, even non-game users, can easily accept it, get started quickly and enjoy it endlessly. Such games are usually light games with successful gameplay.
Vincent said that the Umi's Friends game itself captures the "light" characteristics and selects a match-3 game as the basic model. This type of game is easy to get started, has high user acceptance and has a huge market of female players. The game itself can set a generous Levels are playable and have strong user stickiness. Although players are highly addictive and game traffic is huge, users are usually less willing to pay.
Based on the light match-3 games, Umi's Friends uses effective incentive mechanisms and economic models to greatly motivate and attract users to pay to participate, making up for the shortcomings of the Web2 match-3 games themselves. By making a chain game version of the elimination game, Wumi can realize the complementarity between chain games and traditional game models based on "lightness".
In Umi's Friends, players can hold Umi-NFT to participate in various modes, complete daily tasks, and open your treasure chest to obtain rewards such as IMG (Imagine), UNT (Unity), game props, Umi materials, treasure maps, etc. And you can get massive profits in play modes such as clearance mode, challenge mode, limited-time competition, and tournaments.
In terms of the economic model, Vincent said that the parallel universe and wave deflation of Umi's Friends is the first time that the most important law of nature, namely "cycle", is introduced into token economics. Tokens such as purchasing tokens will enter a new deflation cycle, causing the total amount of tokens to continue to decline. At the same time, Umi's Friends has also designed a cyclical gameplay with increasing difficulty. Players will upgrade more and more difficultly and consume more to promote the sustainable development of the ecosystem.
In addition, Vincent also introduced Umi's Friends' new concepts of "Everyone can create light games (Mods)" and "Everyone's employment rating", relying on the tax commission system to achieve profitability, breaking the restriction that Gamefi only relies on Finance, not just Finance. It is through NFT and tokens that tokens can truly play the role of the incentive layer, and the ecology is completely driven by DAO.
In the future, Umi's Friends will provide comprehensive and rich development tools/traffic models/NFT markets, and the unique Soulbound token system will provide developers with rich strategic choices, not just the GameFi part.
At present, Umi's Friends is the first Gamefi ecosystem that has not yet been launched and is profitable without relying on NFT and Token. It is also one of the few game developers and autonomous publishers in the field that can launch Web2 game channels, catching all Web2 and Web3 users in one go. . At the same time, Vincent said that the official team is building the builder and user database on-chain functions under the Mod module, and realizing cross-chain deployment from half-chain to full-chain in the underlying development of multi-chains, so as to improve the Umi's Friends ecology as much as possible. expand.
As the sponsor of the "Hong Kong VC MEETUP" conference, Umi' Friends is increasing its influence in the industry and is expected to help Umi's Friends gain more partners and industry opportunities. In the future, with the continued layout of Umi's Friends ecosystem, it is also expected to become a multi-layered and phenomenal ecosystem in the early stages of GameFi track development.