A friend mentioned a field worth paying attention to, and there has indeed been some action lately. I usually chat with friends via voice, searching for projects; blockchain games and AI are topics that cannot be avoided!
First, the top blockchain game in South Korea, Dungeon Fighter ($NXPC), was listed on Binance, and then the top blockchain game in Japan ($TGT) appeared on Binance Alpha. Observing the frequent appearances of Korean blockchain games on Binance and Japanese projects dominating the Alpha leaderboard, a domestic project — Puffverse @Puffverse also caught my attention!
After reviewing the project materials over the past few days, I feel there is some merit to it. It has the background of the Xiaomi gaming team, along with top-tier institutional investment, combining three currently popular concepts: AI, multi-chain, and the metaverse. Moreover, the performance data from the Launchpad is quite impressive. Today, let's have an honest discussion about this project that might bring new changes to GameFi. What makes it special?
$PFVS will also be launched on six major exchanges:
First, let's talk about hard power. The Xiaomi gaming team is getting involved in this project, which is indeed noteworthy. There is no shortage of teams in the Web3 space that just tell stories, but the core members of Puffverse come from the Xiaomi gaming team and are people who have actually worked on products with over a hundred million users. What does this mean?
First is the mature development system: they are not just randomly outsourcing to put together a framework, but they have their own developed 3D engine, mature artistic processes, and rich experience in gameplay iteration. I have seen the demos they released, and the detail of character modeling and the smoothness of scene interaction are significantly better than most blockchain games that look like PowerPoint presentations; they are almost catching up to mainstream traditional mobile games.
Secondly, they balance perspectives from both sides: the team knows that traditional players want fun games, while also understanding that blockchain game users value economic models. For instance, they designed a 'character combination system' where players can control multiple characters simultaneously to advance the plot. This is somewhat similar to the character pool setting in Genshin Impact, but the difference is that every character here is an on-chain asset, which can be traded and upgraded, cleverly combining the entertainment of the game with the financial attributes of blockchain!
Now, let’s look at the solid data performance. Puffverse's performance on the Daemon Launchpad has indeed been quite explosive. Let's check the data:
The subscription amount reached 650 million USDT, setting a historical record for the Daemon platform; the number of participants in the subscription was 35,000, with a limit of 10,000 tokens per person.
$PFVS (subscription price 0.07 U), ended up with the off-market price directly rising to 0.2 U, with a nearly 3 times increase on the first day.
Moreover, the lineup of investors is also impressive, including well-known institutions like Animoca, which has invested in Axie and The Sandbox, the licensed institution Hashkey from Hong Kong, and the parent company of Axie, Sky Mavis, among others.
Why is the market willing to pay for it?
On one hand, it combines several trending concepts: each character is an AI Agent that can learn players' operational habits; there are plans to integrate smart wristbands in the future to synchronize exercise data for SportFi; and it supports multiple public chains such as Solana and BNB Chain. It basically covers all the hottest concepts in Web3 right now.
On the other hand, its low-threshold design is quite clever. It doesn't require players to understand blockchain; Web2 players can log in directly with their phone numbers, and assets in the game will automatically go on-chain. This kind of 'implicit blockchain gaming' model might attract a significant number of traditional gamers.
Looking at the investment logic of the institutions, it’s actually quite clear:
Animoca, as a veteran in the metaverse investment circle, is focusing on the connection between Puffverse and real-world scenarios. The team is currently in talks with the Xiaomi ecosystem for collaboration, and in the future, they may launch the 'Puff IP Smart Wristband', allowing game characters to upgrade based on players' exercise data, bridging the virtual and the real world, which expands the imagination far beyond that of a simple blockchain game.
Hashkey, a licensed institution in Hong Kong, is recently focused on compliant projects, and Puffverse has a dedicated compliance team in China. The economic model in the game also avoids sensitive designs, making this 'policy-friendly' project naturally more likely to attract traditional capital.
Sky Mavis, the parent company of Axie, directly participated in the design of the economic model. Their 'ticket consumption + character development + advertising revenue sharing' mechanism allows for token destruction through player gameplay while enabling free-to-play players to earn points through daily tasks, making it not overly grindy and less exhausting to play.
Finally, let’s talk about why I suggest paying attention: there is no shortage of short-term speculative projects in Web3, but there are very few teams that truly approach blockchain games with a traditional gaming mindset.
Puffverse is different. They have the mature development capabilities of a traditional gaming team, making blockchain game mechanics more interesting, while also integrating blockchain's economic model that encourages players to actively participate. If in the future the AI characters can be intelligent enough and the metaverse scenarios immersive enough, they might really attract a batch of players who love games but don’t understand blockchain — this could be the real breakout opportunity.
Next, let's focus on three key nodes:
On May 27, after the launch, keep an eye on trading volume and changes in holding data;
In early June, the official gaming season begins, and let's see how much ordinary players can earn without spending money;
In the second half of the year, watch whether AI characters can chat and interact with players on Telegram.
Those interested can first study their character NFT synthesis rules or buy a small base position. Of course, if you like this type of game, you should definitely give it a try!
Then, a sincere piece of advice for my friends: the fluctuations in blockchain games can be significant, so don't invest too much money. Even the best projects require time for validation. We need to seize opportunities while also leaving enough of a safety cushion.
