Introducing the Pacific GameFi C2C Lending platform
GameFi is now assuming center stage in the blockchain gaming world with its revolutionary P2E gaming model. Pacific being an integrated platform for GameFi, will soon introduce a custodial platform where owners can rent out their GameFi assets on Pacific and enjoy passive income with efficient allocation of the digital assets, therefore creating more financial opportunity for gamers by allowing them to monetize unused in-game resources.
A never before seen combination of DeFi and GameFi, the C2C rental service will allow owners to continue generating revenue off idle in-game digital assets such as avatars, land, costumes, weapons, gold, pets etc. through lending. In plain language, a pool and a peer-to-peer renting marketplace where players can deposit and list their spare NFTs for rent. These NFTs are loaned out for a specified period for other users to use in the game to earn a profit, with said items remaining non-transferable without explicit permission given by the owners. This way, borrowers can temporarily tap on certain NFTs for a set period without investing heavily, without these tokens being for sale or requiring a purchase.
With this feature, Pacific target to solve the following problems for GameFi users:
- GameFi assets becoming increasingly expensive and inaccessible;
• Difficulties in buying and selling of GameFi assets due to inconsistent experiences across different games;
- Difficulties in maximizing yields due to lack of time or technical skills.
Bringing GameFi to the masses at the lowest cost through lending/borrow mechanisms has always been one of the key visions of Pacific. With the provision of NFT rental services, Pacific will be able to help game players earn money without having to spend a large amount of their money on the purchase of in-game NFTs.
On top of the current version targeting individual players, a professional version serving
guilds will be added to the platform so that players can enjoy professional boosting services and enhanced returns. To be able to take orders on the platform, guilds will be required to stake the native PAF token, thereby enriching the utility of the PAF.
We look forward to release the function in one of the next few days, follow our socials to stay tuned.
Pacific is a decentralized NFT marketplace and an integrated platform for metaverse/GameFi assets. The project has received endorsement from some of the most eminent institutions and investors, including the Web3.0 Foundation, NGC, Gate.io, Krypital Group, PAKA, Candaq etc.