Bybit LearnTopicsLatest HappeningsBlogBybit GuidesExpertsEcopedia
Log In
Sign Up
Bybit Learn
Sign Up
Topics GameFiCurrent Page

MON Protocol (MON): Empowering Blockchain-Native Gaming With Stronger IPs

Intermediate
GameFi
Explainers
Altcoins
web3
Jun 4, 2024
6 min read
0

AI Summary

Show More

Quickly grasp the article's content and gauge market sentiment in just 30 seconds!

Detailed Summary

The onset of the GameFi narrative in the crypto space has unlocked new opportunities for gaming enthusiasts. With play-to-earn (P2E) games powered by blockchain technology, gamers now get to make money while participating in their favorite pastime.

However, most of these blockchain games are centralized, meaning that most of the decisions are left to each individual project’s team. Furthermore, it’s difficult for gamers to truly own most of the items they accumulate off-chain.

MON Protocol, in partnership with Pixelmon, has created a platform on which the fractional intellectual property (IP) ownership of gaming assets and decentralized governance of on-chain games is an integral part of the gaming ecosystem.

Let’s learn more.

Key Takeaways:

Grab Up to 5,100 USDT in Rewards

Also, enjoy 555% APR on Bybit Earn products!

Start Earning Now