Subverting the traditional unlocking model: How Gabby World’s Fair Release mechanism reshapes the GameFi token economy

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Introduction: A New Era of GameFi - Embracing the Revolutionary "Fair Release" Token Economy

In the world of Web3, GameFi (Game Finance) has become an important stage where blockchain technology and traditional industries intersect. However, the Fair Release token economy is not limited to GameFi, but can actually be applied to all VC-backed token projects. Whether it's a game project or other blockchain-based projects, Fair Release provides us with a brand-new way of token release, avoiding the market issues in the traditional unlocking model, and bringing revolutionary breakthroughs to the token economy.

1. What is it? The Core Highlights of the "Fair Release" Token Economy

As the first community-created AIGC game, Gabby World not only boldly innovates in gameplay, but also presents us with a brand-new approach in the token economy. Unlike the time-based token unlocking commonly seen in traditional games, Gabby World's "Fair Release" mechanism adopts a demand-driven release, effectively avoiding the common problems of low liquidity and high FDV (fully diluted valuation) in the traditional token unlocking model. This mechanism not only brings new insights to GameFi projects, but can also be widely applied to all VC-backed token projects, driving the development of the entire Web3 ecosystem.

1.1 Demand-Driven Unlocking Mechanism - Eliminating the Constraints of Time Locks

The traditional VC-backed token economic model often has a "time-based unlocking", where tokens are released according to a predetermined schedule, leading to violent fluctuations in the token market price, and even causing "sell-offs". In comparison, the Fair Release mechanism not only avoids this problem, but also achieves a super-low market value Token Generation Event (TGE) by adopting a demand-driven release approach. This allows community participants to share the dividends between TGE and VC entry price, reducing the risk for market participants and achieving a more equitable distribution.

1.2 Avoiding Inflation - New Tokens are Released upon Consumption

In the world of Gabby World, the issuance and consumption of tokens are closely linked. Whenever players consume tokens in the game, the system will release corresponding inflationary tokens based on the consumption amount. However, these inflationary tokens will not be released without limit, as in the traditional model. Instead, the system will use tax buybacks and burning mechanisms to recycle a portion of the tokens, thereby controlling inflation and ensuring the long-term stability of the tokens.

2. Co-Creating the Future: Dual Drivers of Team Vision and Fair Financing

2.1 A Visionary Team: Crossing Boundaries, Shaping a New Game Ecosystem

Behind Gabby World is a team with foresight. They not only have a deep professional knowledge in blockchain technology, game development, and token economics, but also have a profound understanding of the needs of players and the community. The core philosophy of the team is "games as a service, community as a driver", which means they believe that games are not only entertainment tools, but also platforms that can create value and give back to the community. It is under this guiding principle that they proposed the "Fair Release" mechanism, aiming to provide players and investors with a more fair, transparent, and sustainable token economic system.

Source: https://gabby-world.gitbook.io/lite-paper/about-us/team

2.2 "Fair Release": An Innovative Mechanism, Breaking the Traditional Token Economy

The core of the Fair Release mechanism is to start from the perspective of players and investors, ensuring that the release of tokens is more fair, transparent, and can maintain the long-term healthy development of the market. Unlike the traditional VC-backed financing model, Gabby World unlocks tokens through a demand-driven approach, avoiding the phenomenon of capital extraction, and thus better balancing the interests of the project party, investors, and players. This innovative mechanism has brought a breakthrough transformation to the game industry, becoming an important reference in the blockchain game field.

2.3 Financing Path: Balancing VC Support and Demand-Driven

Gabby World has received support from multiple well-known venture capital institutions during the financing stage, providing strong financial guarantees for the project's continuous development. Unlike the traditional financing structure, Gabby World's financing model emphasizes fairness and transparency. The unlocking of the project's tokens is not only dependent on the VC's timetable, but is closely linked to the participation of the community and the consumption of tokens. This design avoids the phenomenon of capital "bleeding", protects the interests of investors, and effectively promotes the long-term development of the project. At the same time, by using this token economic mechanism, Gabby World can achieve a super-low market value TGE like a meme, and share the dividends between TGE and VC entry price with the community, further enhancing the community's sense of participation and gain.

Source: https://x.com/gabby_world_/status/1859215609323823551

2.4 Mutual Benefit: The Perfect Combination of Transparent Financing and Community-Driven

Through a transparent financing structure and innovative token release mechanism, Gabby World ensures a win-win situation between VCs and the community. This unique financing model not only protects the interests of investors, but also makes the participation of players and community members more valuable. As the community continues to develop, Gabby World's financing structure will be further optimized to ensure that the project always aligns with market demand, driving the sustainable development of the token economy and the game industry.

3. Game Playability: Exploration and Creation in Parallel, Achieving Dual Identities of Players and Creators

In the traditional GameFi model, players often can only play the role of "participants", either exploring the game world or competing with other players, with limited space for content creation. However, in Gabby World, the playability of the game not only lies in the players themselves, but also extends to everyone being able to become a creator. This innovative design brings an extremely high degree of game freedom, while also stimulating players' creativity and enthusiasm for participation.

3.1 Players Can Simultaneously Play the Roles of Adventurer and Creator

Gabby World breaks down the barriers between players and creators. In the game, you can not only play as an Adventurer, entering dungeons and challenging yourself in battles with other players and AI-generated characters, but also become a Creator, generating new dungeons and storylines to challenge other players. Whether you choose to explore the unknown adventure or participate in the creation of new worlds, you can find your own fun on this platform.

This dual identity setting greatly enhances the freedom and depth of the game, allowing players not only to enjoy the thrill of adventure, but also to gain a sense of achievement through creation.

3.2 AIGC-Generated Dungeons and Characters

Another major innovation of Gabby World lies in its AIGC-based content generation mechanism. Each Dungeon is generated by the instructions input by the players, and these instructions are transformed into complete game scenes and storylines through artificial intelligence. This not only means that the game content is no longer fixed, but that each game experience can be completely new, and players can influence the construction of the entire game world through their unique ideas.

The introduction of AIGC technology not only gives Gabby World an almost limitless content creation space, but also allows every player to feel a strong sense of participation in the game. Whether it's creating enemies in the dungeon, designing challenges, or generating tasks and storylines, each player's creation can potentially impact the gaming experience of the entire community.

3.3 The Tension and Challenge Brought by the FOMO Mechanism

In the Gabby World, the challenges of each instance are not only for entertainment, but more for the competition for the FOMO Prize Pools, that is, the missed reward pools. This mechanism brings a sense of urgency and challenge, making players no longer just task executors, but needing to defeat AI-generated opponents and overcome the challenges designed by the creators within a specified time to compete for the rewards in the prize pool.

Through this mechanism, Gabby World not only gives the game the excitement of traditional adventure games, but also integrates competition and cooperation, stimulating the collective wisdom of the players. Each player can choose their favorite challenge mode, and different choices will bring different rewards, as well as different gaming experiences.

With the development of AI technology, AI gaming has become a trend in the future game industry. As an innovative game project, Gabby World has not only made bold innovations in gameplay and Token economy, but also grasped the future trend of AI gaming. As Elon Musk's recent discussion on AI gaming has shown, AI agents, AIGC and AI gaming are a gradually evolving process. Gabby World has already seized the opportunity in this process and become the leader of the AI gaming meme. We believe that AI gaming will be the mainstream in the future, and Gabby World has already stood at the forefront of this trend.

4. How to Participate: Enter the Adventure Gate of Gabby World

To enter the world of Gabby World and participate in this unique Token economic revolution is not a complicated task. Gabby World has designed a simple and easy-to-use participation method, allowing every player to get started easily.

4.1 Registration and Character Creation

First, search for the Telegram mini-program @GabbyWorldBot and access the game.

Then, you need to register and create an account, choosing to play as an adventurer or a creator. Regardless of which role you choose, you can have a unique experience in the game. The character creation process is simple and intuitive, and players can choose the appearance and attribute configuration of their characters according to their preferences.

4.2 Explore Instances: Become an Adventurer

As an adventurer, your task is to explore different instances, defeat AI-generated NPCs (non-player characters), and complete various challenge tasks. Each time you enter an instance, you need to pay an exploration fee, and these fees will form a prize pool that will ultimately be distributed to the most skilled or lucky players.

In the instances, you will encounter various enemies and challenges, each with different victory conditions. You need to configure your character attributes reasonably based on the characteristics of the enemies, and determine the success or failure of your actions through dice rolling. Each instance is full of uncertainty, making every exploration an exciting challenge.

4.3 Create Instances: Become a Creator

As a creator, you can design and create new instances, tasks, and challenges. When creating an instance, you need to pay a certain creation fee, and these fees will also enter the prize pool and ultimately be rewarded to the most popular creators. The creation process combines strategy and creativity, and you need to design interesting and challenging instance content based on the needs and preferences of the players.

Through creation, you can not only receive rewards in the game, but also gain recognition and respect from the community. More importantly, your creations will directly affect the gaming experience of other players and become a part of the game world.

5. Future Outlook: How the Fair Release Mechanism Will Lead the Future of Token Economy

With the continuous optimization and development of the 'Fair Release' mechanism, it will not only have a profound impact on the GameFi field, but also bring revolutionary changes to the entire Web3 ecosystem. The success of Gabby World has provided a reference Token economic model for other projects, allowing Web3 projects to avoid the common 'oversupply' problem of VC-backed Tokens in the early stage. In the future, we believe that the 'Fair Release' model will be adopted by more types of Token projects, especially those focused on community participation and long-term development. Through this demand-driven release mechanism, the Web3 ecosystem will achieve a healthier and fairer Token economy, helping every participant share the dividends of the project's success.

Continuous Expansion of Game Content

Gabby World plans to further expand the game content, introducing more AIGC generation technology, and adding more game characters, instances, and challenges. In the future, the game scenes will become more diverse, and players will be able to explore and confront in different environments.

Cross-chain Support and Multi-currency Ecosystem

Currently, Gabby World's Token only supports SOL for payment and trading, but in the future, Gabby World plans to support more cryptocurrencies and cross-chain transactions. This will not only provide players with more choices, but also bring more market opportunities to the platform.

Enhancing Community Governance Mechanism

In the future, Gabby World also plans to strengthen the community governance mechanism, giving players more decision-making power in the game. By introducing DAO (Decentralized Autonomous Organization), players will be able to directly participate in the formulation of game rules, adjustment of Token economy, and planning of community activities, truly realizing the shared governance of the platform by the players.

6. Reflection: Challenges and Risks Cannot Be Ignored

Although Gabby World's innovative Token mechanism has solved many problems in traditional GameFi in many ways, we cannot ignore the challenges and risks it faces.

Limitations of AIGC Content Generation

Although AIGC technology has given Gabby World an almost unlimited content creation space, this technology is not perfect. AIGC content generation may have quality stability issues, especially in complex game tasks and plots, where AI-generated content may not be able to fully meet the expectations of players.

Risks of Demand-driven Model

Although the "Fair Release" mechanism can effectively avoid the inflation problem in traditional Token economies, it also faces certain risks. For example, if the player activity of the game decreases, the demand for Tokens may be insufficient, which may lead to a slowdown in Token release speed, thereby affecting the market liquidity. How to ensure that the "demand-driven" Token release can maintain healthy growth in any situation is still a problem that Gabby World needs to solve.

7. Comparative Analysis: How Gabby World Surpasses Traditional GameFi Projects

After exploring the innovative mechanisms of Gabby World, we can't help but wonder: Compared to traditional GameFi projects, what is the unique feature of this "Fair Release" Token release model driven by demand? How can it stand out in the highly competitive market and establish its unique position? By comparing the mainstream GameFi projects currently on the market, we can better understand the advantages and challenges of Gabby World.

7.1 Limitations of Traditional GameFi Models

Most traditional GameFi projects adopt a time-driven Token release mechanism, that is, a certain amount of Tokens will be released to the market at regular intervals. Although this model is simple, it often leads to the following problems:

  1. Token oversupply: The time-based release mechanism often leads to a rapid increase in Token supply, causing market inflation and reducing the actual value of the Tokens.

  2. Mismatch between demand and supply: Since the Token issuance time and the actual needs of the players do not always coincide, it leads to an excess of Tokens in the market, but a lack of sufficient use cases to consume these Tokens.

  • Unfriendly to investors: Investors often buy tokens in the early stage, bearing the risks of premature token release and price volatility, and this volatility is a serious challenge to the long-term sustainability of most projects.

  • These issues directly affect the stability and sustainability of traditional GameFi projects, while Gabby World effectively avoids these problems through the "Fair Release" mechanism, linking token release directly to player demand, thereby avoiding token oversupply and market inflation.

    7.2 Comparison with Axie Infinity

    As one of the most well-known GameFi projects, Axie Infinity adopts a token release mechanism based on a time schedule, similar to the approach of many traditional projects. Players can earn token rewards by participating in the game, buying Axies (virtual pets in the game), and other activities. However, Axie Infinity also faces many dilemmas, the most obvious of which is the token inflation problem. During the period from 2021 to 2022, the value of Axie Infinity's token SLP (Smooth Love Potion) plummeted due to excessive release, which even affected the long-term sustainability of the game.

    In comparison, Gabby World avoids the problem of token devaluation like Axie Infinity through a demand-driven token release mechanism. Gabby World's "Fair Release" mechanism does not rely on a fixed time cycle for release, but rather determines the release volume based on the actual market demand, and this flexibility can effectively balance the supply and demand relationship, making the token value more stable and risk-resistant.

    7.3 Comparison with Decentraland

    Decentraland is a blockchain-based virtual reality world where players can buy, sell, and trade virtual land and real estate, even virtual buildings. Unlike Gabby World, Decentraland's token release mechanism is more traditional, and players' participation is more dependent on the buying and selling of virtual real estate. The issuance model of its token MANA is closely related to time, which is different from Gabby World's demand-driven model, leading to a long-term oversupply of MANA tokens in the market.

    Although Decentraland's virtual world has created a relatively realistic "metaverse" to some extent, due to the lack of innovative economic mechanisms, the value of Decentraland's tokens has been unstable and has not effectively attracted a large number of long-term players. Gabby World's "Fair Release" mechanism, on the other hand, eliminates this problem through a demand-driven model, tightly linking the economic system to player participation, thereby enhancing the long-term value of the token and the activity of the market.

    7.4 Comparison with The Sandbox

    The Sandbox, another blockchain-based virtual world project, is committed to providing users with a space to create, own, and share virtual assets. Although it also adopts a blockchain-based virtual asset trading mechanism, its token release model still has certain limitations, especially in the problem of imbalance between token supply and demand.

    Gabby World, through its innovative "Fair Release" mechanism, allows the issuance of tokens to be entirely dependent on market demand, rather than controlling it through a timetable, which allows it to adjust the token supply more flexibly and maintain a relatively stable market price. In addition, Gabby World further enhances the interactivity and creativity of players through the content creation mechanism of AIGC-generated copies and tasks, which is also something that The Sandbox cannot match.

    7.5 Summary: Advantages of Gabby World

    1. Demand-driven token release mechanism: This mechanism can effectively avoid the problem of token inflation, ensuring the stability of the token market.

    2. Introduction of AIGC technology: Each copy, task, and storyline is generated based on artificial intelligence, making the game content more diverse and allowing players' creativity to be fully unleashed.

    3. Dual role identity: Players not only can be participants in the game, but also creators of content, which enhances the depth and playability of the game.

    From these perspectives, Gabby World not only solves many pain points in the traditional GameFi model, but also creates a fairer, healthier, and more vibrant token economic system. This brings more lasting value to players, creators, and investors, and also provides a new direction for the future development of GameFi projects.

    Conclusion: Breaking Tradition, Creating a New Era of Token Economy

    As the limitations of traditional token unlocking models become increasingly apparent, the 'Fair Release' mechanism undoubtedly provides a brand-new direction for the future token economy. From GameFi to the broad application of Web3, this innovative mechanism may change the existing financing and token issuance models, bringing fairer and more transparent opportunities to projects and communities. As a pioneer of this mechanism, Gabby World has already taken firm steps on the path of innovation in the token economy. We believe that the widespread adoption of the 'Fair Release' model will bring more balanced and sustainable development to the future token economy, and create greater value for every participant.

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    Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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