What is GameFi and how does it work?
GameFi aims to make money on blockchain games that offer players economic incentives. Players can usually earn rewards for cryptocurrencies and NFTs by completing quests, fighting other players, and going through different levels of the game. Unlike traditional video games, most blockchain games allow players to transfer game items from the virtual world of the game. It allows players to sell their items on the NFT markets and their cryopresults on cryptobours. Introduction Since the arrival of Axie Infinity, GameFi has quickly replaced the traditional gaming industry. It attracts players by offering them a chance to make some money while having fun. What is GameFi and how is it different from the video games we know? What is GameFi? GameFi is a combination of words game and finance. It is about blockchain play-to-earning games that offer players economic incentives. The GameFi ecosystem uses cryptocurrencies, unmistakable tokens (NFT) and blockchain technology to create a virtual gami