Play and Earn: How the GameFi Industry Will Change the World of Traditional F...
The GameFi sector continues to rapidly evolve and reshape the world of traditional finance. And if earlier the main tools for making money on cryptocurrencies were trading and investments, today you can get a reward in cryptocurrency for completing tasks in a computer game. How GameFi works today and what the sector will face in […]
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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....
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 Some projects beat all the first-gen GameFi projects with improved gameplay but became outdated as the GameFi popularity dwindled.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 […]
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....
Play-to-earn games are simply games that offer rewards to players, but Xbox executives are now intrigued by the metaverse. They are entirely dissimilar to the traditional video games most people are familiar with. Every play-to-earn game provides a unique reward to players for the time spent during in-game activity. But traditional gamers don’t earn real-world […]
The executives say traditional jobs are increasingly at risk through factors such as automation, but GameFi can provide a viable alternative to earn a wage. Australian-based Web3 game studio Ninja Syndicate's CEO and founder believes GameFi could usher in a new era where users can earn a living wage through blockchain games.Speaking to Cointelegraph, founder John Nguyen and CEO Alex Dunmow say that traditional jobs are increasingly at risk through factors such as automation.According to the game developers, blockchain games can and are playing a vital role for people to earn a living in....