Arcade is a GameFi platform built on Ethereum and Avalanche that utilizes a two-token system to facilitate user participation in Mission Pools, allowing players to earn rewards from various blockchain games without needing to directly engage with each game. This infrastructure lowers the barrier to entry for gamers and provides a structured way for contributors to gain exposure to the GameFi ecosystem while sharing in-game rewards.
Funding
$16M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CCFounders
Product
Problem
Many GameFi participants lack the expertise or time to actively manage their assets across multiple blockchain games, hindering their ability to maximize potential rewards. Navigating the complexities of individual games and keeping up with the evolving GameFi landscape can be overwhelming for both new and experienced users.
Solution
Arcade is a GameFi platform that simplifies participation in blockchain gaming by providing a structured infrastructure for users to earn rewards without directly engaging with each game. The platform utilizes Mission Pools, where Mission Pool Operators (MPOs) manage in-game activities and Mission Pool Contributors (MPCs) contribute xARC tokens to share in the rewards. This system allows users to gain exposure to various GameFi titles and strategies while mitigating the risks associated with direct gameplay. Arcade also caters to NFT Curators by placing their assets in the hands of qualified MPOs, ensuring optimal utilization and reward distribution.
Target Audience
Arcade targets crypto enthusiasts, gaming enthusiasts, and institutions seeking simplified access to GameFi rewards, as well as NFT curators looking to optimize the utilization of their in-game assets.
Features
- Mission Pools: Enable users to contribute tokens to specific in-game activities managed by experienced MPOs.
- xARC Token: Serves as the primary token for participation in Mission Pools and reward distribution.
- Mission Pool Operators (MPOs): Professional gamers and content creators who manage in-game activities to maximize rewards.
- Mission Pool Contributors (MPCs): Token holders who contribute xARC to Mission Pools and receive a pro-rata share of the rewards.
- NFT Curator Integration: Allows NFT holders to delegate their assets to MPOs for in-game utilization and reward sharing.
- Multi-Blockchain Support: Operates on Ethereum and Avalanche, providing access to a diverse range of GameFi titles.
- Research Portal: Offers insights and analysis on various blockchain games and strategies.