What is GameFi?

The term comes from the words "game" and "finance". GameFi is built with blockchain technology, including NFTs, cryptocurrencies and decentralization.


Core Tenets of GameFi

1. Digital Asset Ownership

2. Financial Reward

3. Built on Blockchain

In a GameFi economy, game items such as weapons, land, character equipment, clothing, etc. will be owned by players instead of the game developer.

Digital Asset Ownership

Players can earn a financial reward for participating in a GameFi economy that can be exchanged for real-world currency.

Financial Reward

In Axie Infinity, players can breed Axies which can then be sold for crypto in a marketplace like OpenSea. Later, the crypto can then be converted to fiat currency at an exchange.

To have digital asset ownership and possibility for a financial reward, GameFi has to be built on a blockchain. The most popular ones for GameFi games are being created on Ethereum, Polygon, Immutable, Tezos, and more.

Built on Blockchain

GameFi is a broader term for games that incorporates a financial component for the players. This could be game items as NFTs, or incentivizing players to play with token rewards.

Play2Earn vs GameFi

GameFi Games To Check Out -->

Build unstoppable teams of Axies and conquer your enemies

Axie Infinity

Fantasy sports but with NFTs.


Hearthstone-like collectible card game but with NFTs.

Gods Unchained

Virtual pet companion but with NFTs.



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