What is GameFi?

With things changing so rapidly it can certainly be difficult to keep track of everything taking place in the world of crypto. It goes well beyond just a basic understanding of Bitcoin and Ethereum at this point for sure.

There are other projects such as Tezos and many different ways to participate such as taking advantage of DeFi with BlockFi or other providers.

GameFi

Enter GameFi – a new variation on DeFi, gaming, and yield farming. GameFi is essentially the use of DAPPs with economic incentives. There are games, such as Tezotopia built on Tezos, that make Yield Farming much simpler by blending it into an actual real time strategy game.

Who knows what will ultimately come of this sector within crypto, but to now most of the games focus on land acquisition, generation of resources, some type of battle or fight, and rewards for participating. The massive impact may come when things become social – i.e. spend your time in a GameFi hangout rather than Facebook or Twitter or Instagram.

What are the best GameFi games?

Enter GameFi – a new variation on DeFi, gaming, and yield farming. GameFi is essentially the use of DAPPs with economic incentives. There are games, such as Tezotopia built on Tezos, that make Yield Farming much simpler by blending it into an actual real time strategy game.