CryptEarn Platform
The CryptEarn platform aims to connect investors with play-to-earn gamers using non-fungible tokens (NFTs) on the Ethereum blockchain. This platform will enable investors to monetize their play-to-earn NFTs by renting them out to gamers, who can then use them to earn profits in various games. Here is an outline of the key features of the platform and how it will work.
Platform Overview:
The platform will be built on the Ethereum blockchain initially, but will transition to a cross-chain platform in the future. The platform will allow investors to post their play-to-earn NFTs for rent, and gamers will be able to rent them for a fixed period of time. The platform will automate the process of renting NFTs, and profits will be shared between the investor and gamer based on a predetermined ratio.
Investors will also have the option to buy bundles of NFTs for multiple games, and they will be able to hire gamers immediately through a Gamer Scout option. This feature will allow investors to quickly and easily find skilled gamers to rent their NFTs to.
Gamers will be able to browse available NFTs and rent them for a fixed time period. Once the rental period has ended, the NFT will automatically be returned to the investor, and profits will be distributed between the investor and gamer.
Platform Features:
The platform will have the following key features:
NFT rental: Investors can post their NFTs for rent, and gamers can browse and rent them for a fixed period of time.
Profit sharing: The profits earned by gamers using the NFTs will be shared between the investor and gamer based on a predetermined ratio.
Gamer Scout: Investors will have the option to hire gamers through the platform to maximize profits and increase the chances of success.
Bundles of NFTs: Investors will be able to purchase bundles of NFTs for multiple games, which will increase their potential earnings.
Automated process: The platform will automate the rental process, making it easy for investors and gamers to use.
Cross-chain support: The platform will transition to a cross-chain platform in the future, allowing for greater flexibility and scalability.
Dashboard: Both parties will have access to a dashboard that shows statistics, tokens earned, and overall performance analytics.
The proposed platform will revolutionize the play-to-earn industry by enabling investors to monetize their NFTs and gamers to earn profits using them. The platform will be built on the Ethereum blockchain initially, with plans to transition to a cross-chain platform in the future. The platform will have several key features, including NFT rental, profit sharing, Gamer Scout, bundles of NFTs, automated process, and cross-chain support. Overall, the platform will provide a seamless experience for investors and gamers alike, enabling them to easily connect and collaborate in a mutually beneficial way.
Dashboard and Analytics:
To provide investors and gamers with an easy and intuitive way to track their progress and earnings, the platform will include a user dashboard that shows statistics, tokens earned, and overall analytics. The dashboard will provide real-time updates on the performance of the NFTs being rented out and the profits earned by both parties.
The dashboard will display the following statistics:
Number of NFTs rented out: Investors will be able to see how many NFTs they have rented out and which games they are being used in.
Rental period: The dashboard will show how long each NFT has been rented out for, providing investors with an overview of their rental history.
Profit earned: The dashboard will show the profit earned from each rental, as well as the total profits earned to date.
Gamer performance: Investors will be able to see how well the gamers are performing with their NFTs, providing insights into which gamers are the most successful.
Overall analytics: The dashboard will display overall analytics for the platform, including the number of rentals, the number of successful rentals, and the total profits earned.
In addition to the dashboard, investors and gamers will be able to view their tokens earned, which can be used to purchase additional NFTs or rented time. The tokens will be visible on the dashboard and can be withdrawn to the user's Ethereum wallet.
The dashboard and analytics will provide investors and gamers with valuable insights into the performance of their NFTs and the success of their rental agreements. By providing real-time updates and easy-to-use tools, the platform will enable both parties to optimize their earnings and make data-driven decisions.
Benefits for Gamers:
Earn profits: Gamers will be able to rent NFTs and use them to earn profits in various games.
Access to exclusive NFTs: Gamers will have access to exclusive NFTs that may not be available on other platforms.
Flexibility: Gamers will have the flexibility to rent NFTs for a fixed period of time and return them once their rental period has ended.
Low barriers to entry: The platform will have low barriers to entry, making it easy for gamers to get started and earn profits.
Skilled gamer opportunities: The Gamer Scout feature will enable skilled gamers to be hired by investors, providing additional opportunities to earn profits.
Benefits for Investors:
Monetize NFTs: Investors will be able to monetize their play-to-earn NFTs by renting them out to gamers.
Increased profits: Investors will be able to earn profits from their NFTs without having to actively participate in games.
Access to skilled gamers: The Gamer Scout feature will enable investors to find skilled gamers to rent their NFTs to, increasing their chances of success.
Easy to use: The platform will automate the rental process, making it easy for investors to use.
Cross-chain support: The platform will transition to a cross-chain platform in the future, allowing for greater flexibility and scalability.
Overall, this platform provides a win-win situation for both gamers and investors, enabling them to collaborate and benefit from each other's skills and assets. Gamers can earn profits using exclusive NFTs, while investors can monetize their NFTs without actively participating in games. The platform's low barriers to entry and automated process make it easy for both parties to use and succeed.
Last updated