The lifecycle of GameFi products is very short. The main reason is either due to heavy Ponzi attributes, where they are all Fi and ignore the Game aspect, or they are all Game and ignore the Fi aspect, making users pay to experience the game without any returns, as shown below:

1️⃣Assets in the game are continuously issued and devalued through stake, Non-fungible Token, etc;

2️⃣ All players play the game with the goal of making money, and there are no real users;

3️⃣Old players cannot be retained, new players cannot be acquired;

4️⃣Token demand drop, all mining, no one buys.

1️⃣ The Non-fungible Tokens in slapcity will not experience any increase in supply. Only 10,000 Non-fungible Tokens are available in the game, and they can continuously level up and improve their attributes, thereby achieving an appreciation effect.

2️⃣slapcity players will always study the usage of hidden props, and multiple main quests correspond to obtaining hidden props in different locations. The current value of hidden props is very high, and the stickiness of the game is relatively high for both new and old players.

3️⃣This is indeed the problem currently encountered in the game, with continuous months of decline, the prices of Non-fungible Tokens and Tokens have both pulled back significantly, leading to a relatively serious loss of users. With existing players leaving, new players are getting on board slowly.

4️⃣ Unlike previous gamefi projects, the total supply of slapcity's Token is fully released, and Tokens are constantly destroyed during the game. The official team has also launched several activities where Tokens used for participation are all destroyed. Everything is done to reduce the total supply of Tokens and achieve the effect of Token appreciation. There is also a high demand for Tokens within the game, as they are needed for attribute training, purchasing items, and unlocking NFT item slots.