GameFi — a portmanteau of gaming and finance —enables gamers to earn rewards while playing. This can often be tied with DeFi features such as staking and yield farming
The market has been growing steadily and presently has a token market cap of approximately $9.2 billion. Notably, GameFi networks have continued to thrive despite the crypto winter. Indeed, the industry is forecasted to reach a $74.2 billion in value by 2031.
Today, the industry attracts over 800,000 daily players. Many of them are drawn to GameFi due to the medley of benefits it provides
