GameFi Wiki

# **Welcome to the GameFi Wiki!**

## Introduction

   GameFi is a term that combines game and finance, and it refers to the integration of gaming and financial elements on the blockchain. GameFi games allow players to own, trade and earn digital assets such as tokens, NFTs and virtual land, while enjoying immersive and interactive gameplay. GameFi is a new and innovative trend that leverages the advantages of blockchain technology, decentralized finance and gaming.

## Advantages of GameFi

GameFi offers several benefits to players, such as:

- Asset ownership: GameFi games grant players true ownership of their digital assets, which are secured by smart contracts and can be verified on the blockchain. This contrasts with traditional games, where players have limited or no control over their in-game items and currencies.

- Open market: GameFi games enable players to trade and sell their in-game assets on open and transparent markets, where they can set their own prices and negotiate with other players. This gives players more freedom and opportunities to monetize their gaming skills and assets.

- Gaming rewards: GameFi games incentivize players to participate in the game economy by offering economic rewards and benefits. Players can earn tokens, NFTs or other rewards by playing the game, completing quests, winning battles or contributing to the game community. This makes the gaming experience more attractive and engaging.

## Products and Services

Some examples of GameFi products and services are:

- Different types of games and virtual assets: GameFi games can vary in genre, theme, style and mechanics, such as role-playing games, strategy games, simulation games, etc. GameFi games can also feature different types of virtual assets, such as characters, items, weapons, land, etc., that have unique attributes and functions in the game world.

- Economic systems: GameFi games can provide different economic systems for players to interact with, such as token economies, NFT economies or play-to-earn economies. These systems can define how players can create, acquire, use or exchange their virtual assets within the game or across different platforms.

## Main Page

1. Introduce
2. Development
3. Application

## Other Page

1. Discussion
2. Blogs

## Reference List

Feign A & Leech 2023, GameFi: How to Earn Crypto Playing Games Online, viewed 12 May 2023<https://www.coindesk.com/learn/gamefi-how-to-earn-crypto-playing-games-online/>

Butler C 2022, Top 10 Best GameFi Projects to Play and Earn, DappRadar, viewed 25 May 2022<https://dappradar.com/blog/top-10-best-gamefi-projects-to-play-and-earn>

SynFutures Academy 2021, An introduction to GameFi and Play-to-Earn (P2E), SynFutures Academy,viewed 5 November 2021, <https://academy.synfutures.com/an-introduction-to-gamefi/>

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