Gate.ioBlogAccess Web 3 on Gate.io’s NFT & GameFi Platforms
Access Web 3 on Gate.io’s NFT & GameFi Platforms
28 June 10:02
Gate.io is one of the world's leading cryptocurrency platforms, with over 10 million registered users across the globe. Over the past few years, Gate.io has expanded its services to offer its users a comprehensive ecosystem that covers multiple verticals in the crypto ecosystem. As such, Gate.io has evolved from an exchange to become an enabler of the Web 3.0 ecosystem. Gate.io has done so by providing a robust NFT platform in Magic Box, running a comprehensive GameFi platform with GameBox, and opening the gateway to DeFi with HipoSwap.
The Dawn of Web 3
Recently, Web 3 has become quite the buzzword in the crypto space, gaining traction as the latest, decentralized version of the internet we have today. As an actively evolving space, the internet has gone through several phases of development and transitions, with its first dating back to the 90s. Although still in its early stages, many leaders in the space envision Web 3 as a refined version of the internet, autonomous and powered by blockchain technology.
At the core of Web 3 lies the innovations of NFT, GameFi, and DeFi. Let's find out how Gate.io fulfills every single one of these verticals.
Mint NFTs for free with Gate NFT
Since its initial introduction, NFTs have become a vital component of the metaverse and web 3. Gate NFT is a first-of-its-kind centralized trading platform that focuses on incubation and asset management, allowing creators and users alike to successfully auction and trade NFT collections. Gate NFT allows artists and creators to mint their NFTs for free, allowing them to focus on their work without worrying about business particulars.
Since it launched in 2021, the platform has experienced tremendous growth as a pioneering zero-threshold creation and trading platform for collectibles, art, music, and more.
Enter the world of GameFi with GameBox
GameFi is another promising aspect of the web3 ecosystem. Play-to-earn (P2E) games have exploded in popularity over the last two years. To that end, Gate.io now offers decentralized gaming services, allowing users to access play-to-earn games on its dedicated GameFi channel – GameBox. GameBox beta was launched in March 2022, and is the first third-party MiniApp that allows users to enjoy an extensive game collection while earning coins.
Sophisticated DeFi tools at your fingertips
Gate.io offers DeFi via its HipoDeFi and HipoSwap services, both of which are expected to play critical roles in Web 3. Gate.io's HipoSwap is a high-potential AMM (Automated Market Maker) that employs CPMM (Constant Product Market Maker) for token exchange. HipoDeFi is an all-in-one DeFi one-stop tool that lets users discover new opportunities and maintain track of their investments by automatically comparing prices across numerous DEXes and CFMMs.
As one can see, Gate.io provides a comprehensive web3 suite via its various offerings. As part of its long-term goal, Gate.io sees it's playing a crucial role in this space. Gate.io CEO Dr. Han Lin said, "The web 3 ecosystem is here, and eventually, all companies and institutions will pivot their services to it. Gate.io plan on positioning itself as a leading provider of all thing web3. This was the goal behind launching HipoDeFi, Gate NFT, and GameBox. Stay tuned for many more innovative releases in the future as Gate.io continues to establish itself as a giant in web3."
Established in 2013, Gate.io is one of the oldest, leading cryptocurrency exchanges. Gate.io offers most of the leading digital assets and has over 10 million registered users across the world. It is consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko, and has been verified by the Blockchain Transparency Institute (BTI). Gate.io has been given a rating of 4.5 by Forbes Advisor, making it one of the Best Crypto Exchanges for 2021. Besides the main exchange, Gate.io also offers other services such as decentralized finance, research and analytics, venture capital investments, wallet services, and more.
*Gate.io reserves all rights to the final decision. The article does not constitute any investment suggestions.
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