GensoKishi Online Introduces a New Scholarship System!
A New Initiative Bringing Benefits to Both NFT Owners and Players
Metap Inc. (Headquarters: Xinyi District, Taipei, CEO: Maxi Kuan), the developer and operator of the blockchain game GensoKishi Online, is pleased to announce the introduction of a new scholarship system. This system adopts an innovative mechanism that sets it apart from traditional scholarships, creating a more seamless and sustainable gaming environment for NFT owners and players.
■What is a Traditional Scholarship?
In GameFi, traditional scholarships operate on a Play-to-Earn model that follows this process:
- Investors purchase NFT equipment and become NFT owners.
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Owners lend NFTs to scholars (game players).
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Scholars play the game and earn tokens (rewards).
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The rewards are shared between owners and scholars (e.g., 70% for owners and 30% for scholars).
This allows scholars to play without upfront investment while enabling NFT owners to generate income through their assets.
■Challenges of Traditional Scholarship Systems
Traditional scholarship systems come with several challenges:
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The burden on NFT Owners: Owners must actively find and communicate with reliable scholars.
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Operational Costs: Managing and lending NFTs requires time and effort.
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Communication Issues: Disputes may arise over NFT rentals and reward distribution.
These challenges make scholarship systems complex and difficult to manage efficiently.
■GensoKishi Online’s New Scholarship System
Fully Automated & Escrow-Based System to Prevent Issues
Instead of direct transactions between NFT owners and players, NFTs are staked into the system.
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Staked NFTs are automatically linked with smart contracts and the game system, implementing a secure escrow-based mechanism.
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The entire lending and returning process is automated, eliminating disputes related to NFT rentals.
Rotation-Based Rental & Automated Return System
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Traditional scholarship systems often lead to fixed lending, requiring owners to find scholars manually.
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Staked NFTs are relatively rotated and lent out at regular intervals in this new system.
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NFTs are automatically returned after use, ensuring optimal and continuous asset utilization.
No Performance-Based Deductions for Players
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Unlike traditional models, where scholars must share their earnings with owners, this system eliminates reward deductions.
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This allows scholars to enjoy the game without feeling pressured to generate income.
Stable Returns through a B2B Model
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The system adopts a B2B (Business-to-Business) model, ensuring NFT owners receive stable returns without burdening scholars.
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This approach fosters a sustainable ecosystem and maximizes long-term profitability.
■Implementation Schedule & Future Plans
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The system was soft-launched in December 2024 and will officially begin on February 20, 2025.
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Scholarship NFTs are currently available via OTC (Over-the-Counter) trading, and general sales are planned once the Dapp for staking becomes available.
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This initiative will allow more users to benefit from the scholarship system and enhance their gaming experience.
GensoKishi Online will continue introducing updates to improve user experience and build a sustainable economic system.
GensoKishi Online is revolutionizing GameFi and shaping its future!
For the latest updates, follow our official website and social media channels!
◆ GensoKishi Online Community
Official: https://genso.game/
Twitter : https://twitter.com/genso_meta
Discord: https://discord.gg/gensometaverse
LINE: https://lin.ee/fRx2vvE
Telegram（English） : https://t.me/gensometamain
Telegram（Chinese） : https://t.me/gensometazw
Telegram（Japanese） : https://t.me/gensometajpn
YouTube：https://www.youtube.com/channel/UCMi4wGMEWgC9VVps8d_NLDA