Introduction

Problems targeted

The defi consumption trend is one in which players, traffic providers, and platforms cannot win together

Under the growing consumer demand for defi consumption, the antagonistic relationship that has always existed between users, traffic providers, and platforms has been inhibiting the growth of the market.

Players and platforms cannot grow together

The platform controls the game, and the platform and channel providers jointly control the game. Most players often become the party with long-term losses. Players lack growth in participation when the game platform continues to grow.

The conflict between game consumption demand and economic demand

The Web2 mini-game market is a market with huge market capacity. Users’ consumption needs and economic needs coexist at the same time. With the arrival of the gamefi consumption wave, it can meet user consumption needs and users’ economic aspects through the integration of Token.

Slow and expensive transactions

In many cases, the gas fees paid by a DEX to execute exchange transactions that reduce the value can be more expensive than the value of the transaction itself. In 2021 alone, Ethereum fees increased by 845% over the previous year as the Ethereum network reached total capacity. Since January 2020, the Ethereum network’s average block capacity has grown from approximately 70% to a sustained level of 98% (Data from Elazzerin).

Solutions

Personalized gaming experience

MonkeyBit offers a platform for custom games and meets different online entertainment needs. It focuses on making every gaming experience unique by providing many ways of participation.

Through the integration of tokens, almost all types of mini-games are poised to undergo blockchain transformation. This innovation not only enhances the consumer experience for users but also addresses their economic needs across a spectrum of genres, including action, sports, PVP, adventure, strategy, and leisure games.

It brings profit to the players.

Players will decide their interest distribution relationships. One of MonkeyBit’s core user experience philosophies is providing players with diverse ways to easily and instantly earn profit. Many activities in the game allow users to earn—furthermore, MonkeyBit acts as the game itself rather than the player's opponent.

100% fair and transparent

The blockchain that can write smart contracts has the advantages of decentralization, non-tampering, trustworthiness, traceability, and network-wide accounting, making games or transactions open, transparent, and fair to related businesses. Undoubtedly, one of the most significant features of blockchain is that the credit system is reconstructed, and online entertainment will achieve complete fairness and transparency.

MonkeyBit goes beyond traditional Web3 gaming platforms and is dedicated to constructing an innovative on-chain social entertainment ecosystem. With continuous multi-chain support, MonkeyBit will complete the construction of a full-chain ecosystem, providing players with an unprecedented gaming experience. MonkeyBit offers a rich selection of games and expands the PvP prediction market to meet users' dual needs for entertainment and economy, creating a comprehensive entertainment economy platform. MonkeyBit, with its multi-chain consensus and diverse value, will lead users into a new era of value creation.