Hyfen is Indonesia's first all-in-one crypto gaming ecosystem that allows gamers to purchase or borrow in-game assets (NFTs) and earn cryptocurrencies through gameplay. The platform enables users to convert their earnings into real-world rewards, addressing the lack of monetization options in traditional gaming.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional gaming often lacks direct monetization options for players, preventing them from easily converting in-game achievements and time investment into tangible real-world value. Acquiring in-game assets can also be a barrier to entry, especially for players who cannot afford upfront purchases.
Solution
Hyfen provides a crypto gaming ecosystem where players can access and monetize their gameplay. The platform allows gamers to either purchase or borrow in-game assets represented as NFTs to participate in various crypto games. Earnings acquired through gameplay can then be converted into real-world rewards, such as e-wallet credits, telco credits, and utility bill credits. Hyfen offers a mobile app for gamers and a web app for guilds to manage NFT lending.
Target Audience
Hyfen targets gamers seeking to earn income through gameplay and guilds looking to generate passive income by lending out their in-game NFT assets.
Features
- Mobile app (Hyfen Play) for gamers to access and play crypto games.
- Web app (Hyfen Tools) for guilds and managers to lend out game items (NFTs).
- NFT marketplace for purchasing and borrowing in-game assets.
- Conversion of cryptocurrency earnings into real-world rewards (e-wallet, telco, utility bill credits).
- Curated list of crypto games, ranging from FPS to MMORPG.
- Integration with Coinbase Wallet for secure transactions.