Bitzer

$BITZER is a token made to support play to earn next, controlled and built on by the gamefi community. It will serve as a gamefi decentralized protocol, $Bitzer community-led initiatives that drive forward into the Ecosystem Defi, GameFi, Yield Staking Machine, NFTs and Metaverse.

What is (DeFi)?
Short for decentralized finance, DeFi is an umbrella term for a variety of applications and projects in the public blockchain space geared toward disrupting the traditional finance world. Inspired by blockchain technology, DeFi is referred to as financial applications built on blockchain technologies.

What is GameFi?
DeFi stands for decentralized finance, a field in which token-based transactions like lending and borrowing take place on blockchains, decentralized digital ledgers similar to that first used with Bitcoin. In its most common usage, GameFi refers to decentralized applications (“dapps”) with economic incentives. Those generally involve tokens granted as rewards for performing game-related tasks such as winning battles, mining precious resources or growing digital crops. It’s an approach also known as play-to-earn. In many GameFi apps, users can also earn money passively by letting others mine. They can also earn interest by using techniques developed by DeFi platforms to lend assets like digital characters or deposit them in what’s known as staking.

$BITZER GameFi refers to blockchain-based games that allow their players to receive real-world financial benefits; it’s a confluence of gamification, decentralized finance (DeFi), non-fungible tokens (NFTs), and play-to-earn models (P2E).

Staking, Pool & Farming
Staking is the process of supporting a blockchain network and participating in transaction validation by committing your crypto assets to that network. It's used by blockchain networks which use the proof of stake (PoS) consensus mechanism.

A staking pool involves multiple users combining their individual computing power to increase their overall staking power, which increases their chances of earning rewards. $BTR

MarketPlace NFTs P2E
All objects in these types of games are expressed as NFTs – digital tokens used to prove ownership of scarce intangible items. Think of things like plots of land, avatars, costumes, weapons and gold bars. Once players find and accrue these items through gameplay, many have the option to trade these with others in digital marketplaces for different NFTs, or sell them in exchange for cryptocurrency.