As the PFP wave recedes, Gameta may lead a new trend in NFTs.

After the recent controversy surrounding Azuki's new series Elementals, the PFP NFT market has suffered a heavy blow. Not only has the floor price of Azuki plummeted, but the entire "blue-chip NFT" sector is also facing a dual blow to both price and reputation. This marks the official retreat of the PFP craze that lacked practical application scenarios, with so-called "blue-chip NFTs" like "Bored Apes" having completed their phase of mission.

However, crises and opportunities coexist. The end of the old PFP narrative also provides an opportunity to open new directions for the NFT track, pushing it towards practical application scenarios and large-scale adoption.

During the last bull market, a large amount of capital flowed into the NFT space, giving rise to top "blue-chip NFTs" such as Bored Apes and Azuki. NFTs once became an exclusive game for the elite in the crypto circle, with prices reaching dozens or even hundreds of ETH. However, this wave of NFT enthusiasm essentially remains at the level of abstract ownership, lacking practical applications.

For NFTs to achieve healthy and sustainable development, the key lies in how to apply their "non-fungible" characteristics to real-world scenarios. Gameta is dedicated to achieving this goal by creating a "civilian version of Bored Ape". Unlike the high entry barriers of Bored Apes, Gameta collaborates with game developers to provide ordinary players with blockchain wallets, NFT empowerment, online social networking, and other services through hyper-casual games.

Gameta hopes to familiarize and engage more ordinary users with the Web3 world through mechanisms such as IP assets and NFT games, allowing the general public to share in the development dividends of Web3 and NFT. It is not just a "Web3 version of Steam", but also a "Web3 Disney" aimed at the vast internet user base, creating a self-circulating NFT game entertainment matrix.

To achieve this vision, Gameta chooses to start from grassroots users, using hyper-casual games as a starting point. Although these games have simple graphics, they are easy to get into and highly engaging, such as "Jump Jump" and "Merge Big Watermelon," which were once all the rage. By building a game matrix, Gameta not only provides mental pleasure but also gives NFTs actual value and combinability.

Currently, Gameta has launched more than ten casual games, with over 8 million users, ranking first in terms of activity among entertainment and gaming products on the BNB Chain. To further lower the user threshold, Gameta has integrated the login and wallet middleware from Particle Network, allowing users to directly enter the game using Web2 login methods, greatly enhancing user experience and conversion rates.

Gameta is backed by an experienced team with over 10 years of experience in casual game development and publishing. Its launched NFT social parkour game Hippo Dash has performed excellently in the Google Play game rankings in multiple Southeast Asian countries.

In addition, Gameta has deep connections with BNB Chain and has been selected for the BNB Chain Web3 Accelerator program, receiving investment from Binance Labs. Currently, Gameta is the most popular game in the BNB Chain ecosystem, with over 240,000 active users in the last 30 days, far surpassing other game-related DApps.

In the midst of the current turmoil in the NFT market, how to integrate NFTs with more application scenarios, especially in conjunction with carriers like games, may become a new opportunity for NFTs to achieve a "paradigm shift." The new solutions provided by Gameta are full of unknowns, but they also contain tremendous opportunities and allure.