How GameFi contributes to the growth of crypto and NFTs

in bolds •  2 years ago 

The crypto industry has grown tremendously over the past few years, and one of its biggest drivers has been the gamification industry.

GameFi is a portmanteau of gaming and finance enabling gamers to earn rewards while playing.

The market is growing steadily and currently has a token market cap of around $9.2 billion. Notably, GameFi networks have thrived despite the crypto winter. In fact, the industry is predicted to reach a valuation of $74.2 billion by 2031.

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