The second stage: Man-Machine

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Formless integrates a personal account system and an independent wallet ecosystem, so users can easily play games.

Based on the personal account system familiar to users outside the circle, Formless supports direct registration and login by mobile phone or email.

Formless integrates the latest information + game strategy + game recommendation functions, highly integrates chain game resources, solves the problem of user information anxiety, and becomes the entrance to the user's GameFi experience.

Formless supports multiple public chains such as ETH, BSC, Polygon, Flow, etc., to solve the problems of private key management and multi-chain asset import.

Marketplace

Formless conducts blind box distribution in the primary market, fully serving the NFT distribution and distribution needs of the GameFi industry.

Mystery Boxes

Issue cards or other NFTs with collections and limited attributes.

In-Game Items

Some game props can be purchased at Formless Mall to get a certain discount.

Collectables

Formless issuance includes cards in areas such as film and television, games, and sports.

GameFi list and community

Formless ranks and categorizes popular games and popular NFT information based on the number of active addresses and transaction growth. Formless community makes it easy for games and gamers to be able to interact with eachother, with analytical insights via game metrics the gamers will also be able to view game information transparently.

Formless previews upcoming games or new projects in games whilest incentivizing users to be able to earn platform points that can be converted into platform tokens

Formless invites well-known KOLs, guilds, and publishers to the GameFi community to share professional strategies and information for users.

Web 3.0 Formless Wallet

Formless aims to create a distributed digital identity protocol FormID for the key infrastructure of Web 3.0.

In the Web 2.0 era dominated by Internet giants, a series of problems have arisen, such as the lack of privacy protection for gamers' data. Therefore, users are particularly looking forward to Web 3.0, one that respects user sovereignty. Our Web 3.0 wallet is extremely secure and transparent. It is an important prerequisite for connecting users to the blockchain, and also a key infrastructure for the rapid development of Web 3.0.

To this end, Formless pioneered the distributed digital identity protocol, FormID.

FormID is a digital identity solution built on the basis of the W3C DID standard, taking into account data privacy protection and data availability. The goal is to provide a reliable carrier for user identity management. On the basis of ensuring user privacy protection and data sovereignty, FormID optimizes the use of user identity data, reduces unnecessary repeated registrations, and enables a user identity to be reused in different scenarios and ecosystems.

Data privacy often reduces the integration, filtering and analysis of data, sacrificing data availability to a certain extent, thereby weakening the generation of data value. On the premise that users have data sovereignty, FormID will not only take into account privacy and data availability, but also change the data-based value distribution model through mechanism design, cryptography technology, and a certain incentive system.

It is foreseeable that in the era of Web 3.0, through the FormID protocol, the existing user identity portraits, credit accumulation, and other modes of infringing user data privacy controlled by third-party central institutions will be completely rewritten, and a new value discovery paradigm is taking shape. The implementation of the two major infrastructures, Formless Identity Wallet and FormID Protocol, marks the beginning of users' own control over asset data sovereignty and pricing power.

Restructuring the wealth model

Formless will revolutionize play-to-earn through our dual-token revenue model: players earn Formless $P2E token additional to the game token of the games they play

Formless's platform economics is mainly the allocation and circulation of numerous game assets, including the output, transaction, accumulation, and consumption of game assets.

Output: The output of game resources depends on some combination of assets, time, labor, and randomness. For example, the skin in CS:GO is dropped through loot boxes (one needs to play the game for a period of time to earn the loot boxes), plus keys (Assets that need to be purchased), from the out-of-box lottery (randomness).

Transaction: Players can sell and exchange game resources.

Accumulation: Accumulate certain game resources to achieve the purpose of upgrading, speculation, and game experience.

Consumption: Players consume game resources for further resource output, or for their own game experience.

The nesting of the life cycles of each game resource constitutes a complex game economic system. Players making money while playing is the result of game companies handing over the production rights of game resources to players.

In closed-economy games, the game production team controls the output and transaction links of game resources, and sells scarce resources as an important profit point. In the game of Formless open economy, players can trade part of the game resources, so as to realize profit through the output of resources.

Innovative governance model

The core business of the Formless guild model is to invest in game assets, lease game equipment, and train game players.

Formless DAO aims to earn game assets by investing in blockchain games, train game players, rent game assets, and create a business model that enhances the virtual economy of the metaverse, and promote the creation of the world's largest virtual world economy. The Formless Association actively manages the assets owned by its community to obtain maximum utility, and shares the profits of these assets with the community.

The Formless Association will lease the invested digital assets to players, thereby reducing the entry barrier of the game. At the same time, a dedicated manager is responsible for player training and community development. The guild provides members with game equipment, and members’ income from the game is distributed to members, managers, and the community in proportion.

Explore the Web3.0 business model

The decentralized Formless GameFi model directly distributes the money earned by game companies to participants, forming a distributed game business economy, and exploring a way for the next large-scale promotion of the Web3.0 business model.

Web3.0 can be upgraded in all aspects of the game economic system, so as to realize a decentralized game mode and a more reliable and efficient economic system:

(1) The assets' output that's verified on the blockchain can increase the player's trust in regards to in-game economics. By putting the output conditions of game assets on the smart contract, including time, required resources, probability, etc., it is possible to effectively manage the player's expectations for the in-game economics via transparency

(2) Web3.0 can provide a freely circulated currency system for games.

(3) Web3.0 can reduce transaction costs and provide complete solutions for global asset transfer transactions.

(4) Decentralized governance will put the operation and development of the game in the hands of players.

(5) NFT's accounting method enables digital assets of different projects to be interoperable.

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