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      What is GameFi (GAFI)?

      Beginner 5m

      The daily active users of Axie Infinity have reached one million, and the game revenue of players has reached as high as $1,600/month. In blockchain games, players can "play-to-earn" to supplement their lives, and the boundary between the virtual world and the real world gradually melts away.

      What is Gamefi?

      Gamefi stands for "Game+Defi", which refers to the blockchain game that introduces the Defi mechanism. Its biggest feature is "Play-to-earn". Gamefi, exemplified by Axie Infinity, has changed the profit model of the production team, binding the interests of the production team to the long-term ecological development of the game, and players can also share the dividends brought about by the development of the game. In addition to the first NFT game props release, the production team of the game will no longer intervene in game resources, rely on transaction fees to achieve profitability, and issue governance tokens to gradually achieve community governance.

      GameFi has become popular and various blockchain games and related Axie Infinity imitations have emerged one after another. According to statistics from Dove Metrics, in the past month, there have been about 136 investment and financing in the cryptocurrency market, with a financing amount of more than 4 billion U.S. dollars. Among them, there were about 41 investment and financing related to GameFi, and the financing amount was close to 1.3 billion U.S. dollars. ​

      Top Gamefi Project

      Axie Infinity (AXS)

      The leader of the GameFi is undoubtedly Axie Infinity. Naavik's report shows that Axie Infinity's cumulative DAU (daily active users) from September to October is approximately 1.45 million to 1.95 million. However, Axie Infinity's player income has shown a downward trend, and its daily income of civilian players has fallen below the minimum wage line in the Philippines. The analysis found that the decline in the SLP price of Axie Infinity game output tokens and the increase in the number of players are the main factors leading to the overall decline in player income. Axie Infinity's user growth rate has slowed down, and its shortcomings of insufficient playability have begun to appear.

      Farmers World

      Farmers World is the first farming game running on WAX. According to data from DappRadar on November 20, its transaction volume in the past 7 days ranked first on WAX, exceeding 5.6 million U.S. dollars. In addition, part of the reason for the popularity of Farmers World stems from the strong consensus of the early "three-day return", which attracted a large number of players. However, the payback period of the game has increased to approximately 30-40 days.

      My Neighbor Alice (ALICE)

      My Neighbor Alice is a multiplayer blockchain builder-game on Chromia. Players can build their own virtual land and participate in various activities such as farming, fishing, insect catching and beekeeping. According to the official statement, this game was inspired by "Animal Crossing: New Horizons". After the game was launched, it has been widely loved by players and currently has about 137,000 followers on twitter.

      In addition, NFT and token incentives are also introduced into the game. Holders of ALICE tokens can mint different game assets by staking on DEX or providing liquidity for ALICE tokens. The rarity of the in-game NFT is linked to the time and value of the tokens. Some assets can only Obtained through ALICE.

      CryptoMines (ETERNAL)

      CryptoMines is a SciFi play-to-earn NFT game designed to provide the users with a fun experience by collecting Workers and Spaceships to travel through the universe searching for ETERNAL, deployed on BSC and compatible with web3 wallets such as MetaMask. According to data from DappRadar on November 20, CryptoMines is currently the most popular chain game on BSC in the past 7 days.

      On November 18th, CryptoMines officially disclosed that its total number of players worldwide has reached 718,000. Among them, CryptoMines has the most players in Venezuela, exceeding 105,000, followed by the Philippines and Brazil, with 87,000 and 67,000 players in the country respectively.

      How to Play Gamefi on PC?

      With an enhanced server network and an easy-to-use matchmaking mechanism, GameFi offers a superior cross-platform gaming experience. Its mission is to deliver high-quality services to gamers independent of their devices, operating systems, or geographical location. Let's have a look at how it works.

      GameFi Games are made to be played in your browser. It does not necessitate the installation of any apps or their download from the Google Play/App Store. The website looks and functions similarly to a standard mobile webpage. GameFi games, on the other hand, lack the Leaderboard and Achievements that you may find in a typical Mobile game.

      Visting games.gamefi.com to begin playing GameFi Games, and you're good to go! To play, there is no need to download or install any programs.

      How to Play Gamefi on Mobile Phone?

      (Download Google Chrome from the Google Play Store or Apple App Store.)

      Open the official website and log in using your official online account. Then choose "Multiplayer" or "Quick Match," followed by "Host." Choosing a map to host is crucial, but it isn't required because it will be chosen at random. The GameFi matchmaking system now allows other players to join you.

      You may join a match by downloading the game from Google Play or the App Store. After that, select "Multiplayer" or "Quick Match," and then "Search." It takes some time to find players, but just a moment! Click "Multiplayer" or "Quick Match" and then "Join" if you wish to host a game.

      Where/How do I Buy GameFi(GAFI)?

      Register on Coinbase and purchase a major cryptocurrency like ETH. and then Transfer ETH to altcoin exchange, signing up for a cryptocurrency exchange will allow you to buy, sell, and hold GameFi — both for fiat money and other cryptocurrencies. Some of the most popular GameFi cryptocurrency exchange are:


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      What is GameFi (GAFI)?