Visit this page to read all the latest GameFi news.
You might ask yourself: ‘What is GameFi?’ Well, literally, GameFi is a fusion of the words ‘game’ and ‘finance’. It refers to the financialization of gaming. The term is getting more and more popular in the crypto space. Often, ‘Blockchain Gaming’ and ‘Web3 Gaming’ are used to refer to GameFi. Lately, big companies are investing in blockchain gaming, and it is seen as an important part of the future of DeFi.
Important terms within GameFi are Play To Earn (P2E) and Asset Ownership (the digital and virtual ownership of unique assets). These features are the main reasons for the existence of GameFi, with the emphasis on the ‘finance’ part. As the concept of GameFi is getting a lot of attention, it is important to stay updated. That’s why here, on CryptoCoinia, we cover all the latest and most important GameFi news.
