Game Finance (GameFi)

Game finance (GameFi) is a blockchain-based gaming model. GameFi typically uses a play-to-earn (P2E) model, which allows users to be rewarded in cryptocurrencies or non-fungible tokens (NFTs) for completing in-game tasks, interacting with other players, or progressing through various game levels. Unlike traditional video games, most blockchain games allow users to own their in-game assets and transfer their tokenized rewards out of the virtual world in which they were earned. This enables gamers to buy, sell, and trade their items on crypto exchanges or NFT marketplaces.