GamingFi, the blockchain gaming platform under MEETLabs, released its first blockchain game DeFishing today, featuring a P2E dual-token system.

PANews, December 4—Incubator MEETLabs announced the official launch of its large-scale 3D fishing blockchain game, DeFishing, today.

DeFishing is the first blockchain game on MEETLabs’ GamingFi platform and will debut on BNB Chain. It will initially introduce a mechanism that combines Proof of Play (POP) and Proof of Staking (POS): players can earn token rewards from the POP prize pool through in-game mining, completing quests, and participating in activity rankings, and can also earn POS rewards by staking tokens.

The GamingFi blockchain gaming platform will implement a dual-token system and a “deflation + mining” mechanism, which includes the official MEET48 token IDOL for ecosystem governance, community incentives, and staking, as well as the platform-wide GamingFi Token (GFT), which is promised to have no further issuance. Currently, the GamingFi Token (GFT) has already been listed on DEX.

MEETLabs stated that the GamingFi platform will also launch several other blockchain games, including MonopolyChain, to enhance the value of the IDOL token and further strengthen the MEET48 community.