What Is Lingose GameFi? A Guide for Beginners

In this guide, we provide an overview of Lingose (LING), an emerging GameFi infrastructure project that has been one of the best-performing assets in 2022. Find out why it has outperformed the market and other GameFi protocols, and why we see strong potential for it to become a leading platform in the virtual economy.

 

A Brief Glance at Lingose

Lingose is building a critical piece of GameFi infrastructure as it aims to establish a universal Game ID protocol that is bound by smart contracts. This would enable blockchain users to create an on-chain credential that will track user behaviors and provide scoring as you interact with Web3 protocols and games.

 

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Game ID Built by Lingose: Lingose ID

The Game ID being built by Lingose is referred to as the “Lingose ID”. This will act as a passport for users’ Web3 gaming adventures and will track your accomplishments as you navigate the multi-chain gaming world. The Lingose ID will act as a social identity passport that will track your EXP in various games and highlight all of your achievements to other gamers.

 

The technical term for the smart contract behind Game ID is Proof of Play or ‘POP’ – which is an NFT based on the ERC-721 standard. The Lingose ID will be deployed multi-chain and is already compatible with games on various networks including ETH, BNB Chain, OKC Chain and Polygon.

 

Is Lingose GameFi a Good Investment for a Long Term?

Lingose has been one of the top-performing protocols in the GameFi space and has seen a meteoric rise in price since it launched its IDO on Bybit’s Launchpad in September 2021. The project aims to build a universal gaming passport that will track your accomplishments across multiple games and blockchains. This makes it a great ‘index’ investment for crypto gaming.

 

The Lingose team is experienced in the gaming industry and their advisory team includes some of the biggest names in NFTs and Web3 gaming. We believe that the Lingose project has strong fundamentals and is well-positioned to become a leading player in the GameFi space.

 

As more and more games adopt the Lingose ID protocol, the demand for LING tokens is expected to increase. We are convinced that Lingose (LING) is a promising GameFi investment and has the potential to grow into a leading platform in the virtual economy.

 

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