Incubator MEETLabs today released a large-scale 3D blockchain fishing game called "DeFishing." As the debut blockchain game on the "GamingFi" gaming

Source: MEETLabs

On December 4th, the incubator MEETLabs announced the official launch of the large-scale 3D blockchain game DeFishing.

DeFishing, as the first blockchain game on MEETLabs' gaming platform GamingFi, has been launched on the BNB Chain, introducing a unique mechanism that combines Proof of Play (POP) with Proof of Staking (POS): players can not only earn token rewards from the POP pool through gameplay, completing in-game tasks, and participating in leaderboard events, but also receive POS rewards through token staking.

With the official launch of DeFishing, four major events have begun simultaneously, including a digital asset gift pack (redeemable for the in-game token GSC - GoldShark Coin with an airdrop coupon), a registration gift pack (up to 100K GSC experience tokens), referral rewards (both parties receive in-game token rewards), and a first-charge gift pack in the store (with exclusive items).

It is reported that GamingFi, the blockchain gaming platform, will implement a dual-token system and a "deflation + mining" mechanism, including the MEET48 official governance, community incentives, and staking token IDOL, as well as the platform-wide game token GFT (GamingFi Token) with a commitment to no further inflation. Additionally, GamingFi has designed a transparent GFT token burn mechanism, regularly disclosing the burn address and transferring mining rewards of GFT tokens to the mining pool, ensuring system fairness and token value.

Currently, the universal game token GFT on the GamingFi platform has been listed on a DEX. Leveraging the GamingFi platform's economic model, players can not only participate in play-to-earn blockchain games on the platform, but also engage in P2E through the platform's deflation mechanism.

In the future, the GamingFi platform will release multiple blockchain games, including the MonopolyChain game, as part of MEETLabs' key incubation projects to further expand MEET48's presence in the Web3 entertainment industry, enhance the IDOL token's value, and strengthen MEET48's community power.

About MEETLabs

MEETLabs is an innovative laboratory focused on blockchain technology and the cryptocurrency field, also serving as the incubator of MEET48. MEET48 is the world's first AIUGC and fan economy ecosystem dedicated to the entertainment industry, considered one of the largest Web3 application project teams globally, with a 500-person strong technology and R&D team spanning regional operational networks in Singapore, Hong Kong, Taipei, Tokyo, Seoul, and Dubai. MEET48 aims to utilize an AIUGC content ecosystem and graphical, intelligent metaverse social base focused on AIGC (Animation, IDOL, GAME, and Comics) Z-generation trendy entertainment content to achieve the social mass adoption of Web3 technology.