ZONE
Searchโ€ฆ
๐ŸŽฎ
Zone GameFi
The Emergence Of GameFi.

GameFi

GameFi was first emphasized by Andre Cronje, the founder of Yearn.Finance in September 2020.
โ€‹
๐ŸŽฎ
In the centralized gaming industry, only the publishers and developers share in the success of any game. Most gamers after investing immense time and capital on such games are left without the promise of any returns.
Participants are forced to interact with a system that they have no control over and have no way to own their investments. Such misaligned incentives have necessitated the creation of a decentralized gaming ecosystem. An inevitable evolution of the blockchain movement, games are increasingly being integrated into decentralized financial systems.
๐Ÿ•น
โ€‹
๐Ÿ’ฐ
The merger of gaming and decentralized finance has led to GameFi, a system which in opposition to the centralized gaming industry, allows anyone in the world to access and generate financial means by playing games or participating in gamified metaverses and has unlocked unparalleled opportunities in player engagement.
The GameFi phenomenon has flipped conventional gaming on its head with users gaming to earn, not paying to play.
๐ŸŽฒ
Copy link