Web 3 gaming projects are growing at an unprecedented rate, and with this growth comes the need for decentralized exchanges that can accommodate the unique needs of this emerging market. EZswap aims to accelerate the growth of Web 3 gaming by providing a free NFT DEX protocol to help projects build their own native NFT DEX.
One of the main benefits of using EZswap’s NFT DEX protocol is cost and time savings. Game developers can save money and time by using EZswap’s pre-built, audited smart contract instead of outsourcing this part of the project. This also means that the team has full control over the transaction fees, which can lead to more revenue, as they can charge the fees themselves instead of relying on outside marketplaces or platforms.
This allows the team to focus on building their gaming platform without worrying about the complexities of building a secure and reliable NFT DEX.
EZswap’s DEX API also offers robust flexibility to game developers, allowing them to create an LP pair using their own token and the project’s NFT, which dramatically increases the utility and liquidity for the token as well as the NFT. This flexibility creates a unique opportunity for gaming projects to leverage their tokens and NFTs in ways that were previously impossible.
For GameFi NFTs specifically, EZswap AMM model is a much better fit than models used by the centralized marketplace. GameFi NFTs are generally more fungible, and their amount is usually significantly larger than PFP (think mystery boxes, crafting materials, passes, etc). EZswap’s DEX offers smoother handling of large volumes and instant liquidity for GameFi NFTs, which is crucial for the success of these types of projects.
Moreover, EZswap is the first official Polygon NFT DEX and has a strong relationship with Polygon. By using EZswap’s API, our infrastructure partner can benefit from this ecosystem endorsement and receive help in introducing their project to the Polygon game team.
Users of EZswap, including those who use GameFi projects that use the protocol, will also be eligible for future $EZ token rewards. This creates an additional incentive for users to use EZswap and our infrastructure partner’s marketplace to trade NFTs.
Last but not least, Projects which deploy NFT DEX can explore the potential of NFTFi, because NFT DEX solves the problem of pricing and liquidation, and projects can have their own loan and perp markets.
Overall, EZswap’s NFT DEX protocol offers many benefits for Web3 gaming projects. The benefits of using this protocol include cost and time savings, more revenue, flexibility, better liquidity for GameFi NFTs, ecosystem endorsement, token rewards for users, and future NFTFi development. By leveraging EZswap’s NFT DEX protocol, Web3 gaming projects can create a more valuable and engaging gaming experience for their user and be more competitive.