Press Release: Combining play-to-earn mechanics with base building, developing planets, trading, staking, missions, colonization, combat, and more, GalFi offers players a strategic galactic experience with limitless earning potential.15 August, 2024, Location — GalFi, (Galactic Finance) is a play-to-earn sci-fi strategy game that focuses heavily on providing its players with a plethora of different ways to earn through the ecosystem’s 15 in-game currencies and the game’s main cryptocurrency, GALFI. The game will launch in Q4, 2024, on both the Ethereum and Polygon networks.
What is GalFi?
GalFi is a tokenized, sci-fi strategy game set in deep space, with a huge galaxy of realistic planets, asteroids, dyson spheres, ringworlds, ships, and space structures for players to fully immerse themselves in. The game offers players several key gameplay loops, including: staking, planetary development, building structures, resource generation, ship building, missions, exploration, colonization, combat, and in-game trading. Players can utilize up to 15 in-game currencies in a multitude of different ways to forge their own unique path to wealth amongst the stars.
Exploring the Game
The more ambitious GalFi explorers can engage in deep space exploration, combative gameplay in Contested Space, whilst extensively upgrading bases and other structures.
More casual players looking to earn passively can trade all of the in-game currencies, along with a multitude of in-game items, NFTs, and earn an APY from numerous staking options.
All GalFi ships, resources, structures, and buildings are created by the players, and can be used to forge expansive space empires, mine exotic resources, or take on space colonization missions. Players can earn, mine, trade, or stake GalFi’s 15 in-game currencies through playing the game, or using the in-game DEX.
Ways To Earn
GalFi players can choose from a multitude of way to earn, including:
• Developing planets and earning a reliable income of the 15 different tokens from different buildings and structures
• Taking on daring, time-sensitive space missions
• Exploring Contested Space
• Trading & developing planets, asteroids, and other structures to sell P2P
• Soft staking supported external NFTs + specialist NFT collections
• Trade planets, Asteroids, Ships, & Crew NFTs via GalFi Nexus NFT Marketplace
• Trade GALFI on MetaMask or Uniswap [ETH & MATIC]
• Trade up to 15 in-game currencies on GalFI’s native DEX
• The GalFi player referral program
• Staking all GalFi currencies via on-chain liquidity pools
Tokenomics
The GalFi team is focused on making sure there are enough resources for further development of the game over a long period of time, creating an environment for stability and steady growth for both the game and the GalFi community.
For this reason, there will be no GALFI token sale. Instead, 80% of the total supply is locked into the game for players to earn, through various gameplay loops. This emergent economic structure is designed to benefit active players to have a key role in deciding the fate of the game. Players who wish to progress instantly can get a boost by purchasing GALFI from DEXs or in the game.
Early Adopter Rewards
To ensure the 15 in-game currencies remain valuable, all rewards from buildings, missions, and soft staking will be gradually reduced over time. The first reward structure rebalancing will take place 90 days after launch, giving early adopters of GalFi the highest rewards that will be available in the game.
NFTs
In GalFi, Planets and Asteroids are player-owned NFTs with changing metadata that reflect players’ buildings, and customization of their worlds. In addition, there are two GalFi NFT collections: Crew Member NFTs, and Specialist NFTs — each offering unique benefits for missions and resource generation for their holders. GalFi will also support 17 current NFT collections including Aavegotchi, Galactic Apes, Galactic Apes Genesis, Star Wolvez, and many more.
Players can buy and trade GalFi NFTs on the GalFi Nexus NFT Marketplace. 10% of all ETH and Matic from all sales of planets, asteroids and crew NFT’s directly from the game will be used to purchase GALFI and resource tokens to provide stability to the market. GalFi (Galactic Finance) will launch in Q4, 2024.
To learn more about GalFi please visit the official website here, and read The GalFi whitepaper here.
Stay Up To Date: Follow GalFi on Twitter, Discord, and Telegram
Twitter | Discord | Telegram | Medium | Gitbook
Contact Name: GalFi Team
Contact Email: pr@galfi.io
GalFI is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
