In what has been described as “exciting” and a defining moment for NFTs, gDEX has announced the release of a full-scale Guild Management tool in partnership with over forty guilds who were granted access as early adopters, according to a recent press release.
The Guild Management Tool
The gDEX platform aims to create a cyclic play-to-earn platform powering gamers, creators, and guilds. Primarily, gDEX acts as an interoperable metaverse and GameFi connector hosting numerous tools to spur adoption. The Guild Management tool has been under development since Q4 2021.
According to gDEX, over 50,000 scholars and users are currently utilizing the tool. They also have on boarded eight games and more than 160,000 community and social media followers. At the same time, it has been integrated by over 2.2 million South East Asia partner communities.
The tool’s warm reception is because of the team’s capabilities and expertise in working with established gaming-centric platforms like Ubisoft and Pokémon. This was further buttressed by gDEX’s partnership with gaming influencers, investors, and advisors with a combined viewership of over 5 billion.
Resolving Interoperability and Scaling Pain points
The surge in user count early in the tool’s deployment points to its value proposition. It also reveals the level of anticipation from the community and how the Guild Management tool is vital, directly helping the blockchain gaming community and the ecosystem grow. Notably, the guild management tool is the first of the much-needed metaverse infrastructure tools. It strategically complements gDEX’s goal of eventually connecting different metaverses in various blockchain ecosystems using simple, no-code, and agnostic tools.
A distinguishing feature of the gDEX Guild Management tool is its cross-chain capabilities. It is also launched with a robust feature allowing guilds to rapidly level up in the vast metaverse. The tool is well-thought-out and resolves problems tied mainly to scaling and technology limitations. Although play-to-earn (P2E) allows users to profit from their engagement and truly own assets, current metaverses exist in isolation. The situation is exacerbated because conventional solutions for accounting, supply management, and human resource aren’t currently readily adaptable to businesses deploying from the blockchain.
Unique Features for Interoperability and Scaling
Accordingly, the gDEX Guild Management Tool will be a suitable solution for resolving current pain points. Through this portal, the over 50k guilds currently leveraging the platform would efficiently grow their businesses while maximizing the value of blockchain gaming NFTs. At the same time, there is the convenience associated with the quick organization and management offered by the tool. For instance, guilds can easily monitor their earnings and track scholars’ activities while optimizing business processes using the member payroll and the inbuilt NFT renting system.
In addition, users would deploy gDEX’s cutting-edge PRISM NFT Standard and, most crucially, participate in the cyclic and interoperable NFT ecosystem. By releasing an NFT standard, minted digital assets would be transferable and usable across different networks. Combining this interoperability with gDEX’s creator tools requiring no code to deploy allows blockchain NFT games to be deployed rapidly with low costs and risks.
The P2E platform has revealed that initial blockchains to be supported include Ethereum, the BNB Chain, Avalanche, Polygon, and Solana. These platforms have an active NFT, blockchain gaming, and metaverse communities whose global members can leverage the gDEX’s Guild Management Tool to scale, relieving the tedious tasks saddled on Guild’s leaders.