Gamic Guild is one of the leading crypto projects coming out of Africa going by the latest 2022 cohort of Binance Labs Incubation Program.
The play-to-earn gaming guild, which gives users a diverse catalog of NFT games, was the only African project in a list that included 14 startups across multiple crypto – sectors globally.
Gamic Guild is a decentralized platform that offers users an array of NFT games of different genres to play and earn, and in the process, revolutionize the gaming economy in Africa.
The Gamic ecosystem includes:
- NFT trading
- Play-to-Earn scholarships
- The ability to earn yield
Moreover, Gamic plans to create a single point of access for investors, experts, and talents, and also become a major hub for creatives to bring their projects to life.
Gamic is trying to get Africans to participate in play-to-earn gaming by helping to lower some of the barriers-to-entry that Africans face.
For example, most people can’t afford to participate in well paying games such as Axie Infinity (funny, right?).
Gamic is helping with this by its scholarship program which provides players with Scholarships to enable them to start playing these games without breaking the bank.
Play-to-Earn games are also just not popular, which may be down to lack of education. Gamic is solving these by building a community of gamers and helping to onboard players.
Binance Labs assists start-ups throughout their lifecycle, from their bi-annual early-stage incubation program, to their late-stage venture capital investments. By leveraging Binance’s greatest market expertise, diverse ecosystem, and widespread resources in the blockchain sector, Gamic Guild says it can generate value and achieve its goals.
For the past 3 seasons of the Incubation Program, Binance Labs has incubated numerous market-leading crypto platforms and protocols such as Polygon, Perpetual Protocol, Injective Protocol, SafePal, Cere Network, and Dune Analytics.
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RECOMMENDED READING: 2022: The Year of GameFi?
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