GameFi – Play Hard, Earn Hard
DeFi DeFi (Decentralized Finance) burst into 2020 with resounding success, rising from a combined $900M market cap in January 2020 to $253B by the end of 2021. DeFi offered true decentralization of finance by automating transactions through the blockchain. DeFi also provides optional yet lucrative features such as staking. However, the cryptocurrency market moves quickly, with innovation always one step ahead. As 2022 began, Google search trends started to slow down for DeFi, with GameFi growing in popularity. GameFi GameFi expanded upon this by building DeFi and blockchain features onto....
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Since 2021, Play to Earn (P2E) games have boomed. Following the success of Axie, all kinds of P2E games have popped up to join the feast, each demonstrating unique advantages in this carnival. Some projects beat all the first-gen GameFi projects with improved gameplay but became outdated as the GameFi popularity dwindled. Some project teams […]
The blockchain is fast spreading its “tentacles” to different consumer sectors, and adoption is at break-neck speed. Over the last decade, the revolutionary technology has proven to be worth its weight in gold, with many applications within and beyond the world of (decentralized) finance. One of the industries getting disrupted by decentralized finance in recent times is the gaming industry. GameFi is the new buzz in the cryptocurrency industry. By bringing together DeFi, NFTs, and the practical application of blockchain technology to the gaming industry. There is currently a paradigm....
A multibillion GameFi and blockchain games market is named as one of the major trends of 2022 that promises many opportunities both for players and investors. Yet, so far the market is so fragmented and chaotic that it is hard to grasp how to profit from this trend. To succeed in this fast-growing field, one must know the secrets of the GameFi industry. How is GameFi different from online games? GameFi is a new niche in the blockchain industry at the nexus of two fields – decentralized finance and decentralized games. GameFi is far from being a simple online game. GameFi are gaming....
BeaRex has kicked off a new era for GameFi fans: the Play-and-Earn era (P&E). This approach takes into account the interests of all participants in the blockchain gaming ecosystem: those who want to play for money, as well as those who just play for fun. After all, the cheerful 2D runner was primarily created so that players could enjoy themselves in its universe, and if they can earn money from their skills and acquire resources in the process, all the better! In this article, we explain why making money in games is a revolutionary concept, what obstacles Play-to-Earn players currently....
HARD Protocol Version 2 introduces significant changes and enhancements to the HARD cross-chain money market. Catering to the needs of institutional players will take DeFi to the next level of mainstream adoption. HARD Protocol is a decentralized money market built on the Kava platform and enables lending and borrowing of cross-chain assets. In the Version […]