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Gaming has long been a popular pastime but rapidly evolved into a lucrative industry. One of the regions known for its love of gaming is Southeast Asia. According to a Niko Partners report, Southeast Asia’s gaming industry is expected to reach $41.4 billion by 2026. Gaming and GameFi in Southeast Asia The gaming industry in…
As the world continues improving and adapting blockchain technology, new sectors are opening up, including GameFi. GameFi combines decentralized finance (DeFi) with gaming, creating a new way for players to earn money through games. Through GameFi, players can earn crypto tokens that can be used to buy in-game items or traded for other digital assets.…
With the rise of blockchain technology and cryptocurrencies, non-fungible tokens (NFTs) have gained significant attention recently. For example, in Southeast Asia, game developers are leveraging NFTs to create new revenue streams and unlock new growth opportunities. Below, we’ll explore how Southeast Asian game developers are tapping into the power of NFTs and GameFi to take…
To invest in GameFi, you have to buy and hold GameFi tokens. These tokens can be used to bet, trade, or sell for money. Investing in GameFi, like anything else, comes with its own set of risks and opportunities. In this post, we’ll talk about the pros and cons of investing in GameFi and what…
GameFi merges gaming and decentralized finance (DeFi). It integrates gaming elements into blockchain-based financial applications, creating new opportunities for gamers to earn real-world value by playing games. This new trend has opened up a whole new world of possibilities for game developers and players alike. However, with these new possibilities come new challenges. To succeed…
DeFi refers to Decentralized Finance, which involves the creation of financial systems on blockchain technology. On the other hand, gaming is the captivating and engaging realm of video games that we all know and love. So what do these two industries have in common? As it turns out, quite a lot! With their surge in…
The Philippines is turning up the heat in the gaming world. More and more Filipinos are diving into virtual entertainment and making a living from it. The industry has seen a significant shift towards mobile gaming and esports in recent years. Now a game-changing technology is set to take things to the next level. GameFi…
The game’s resources and currency are considered some of the most important parts of a GameFi project. If the consumption and output level are not clearly mapped out, the game’s economy will have a higher chance of failing. Using tokenomics ensures that there will be a good balance between the supply and demand of the…
Decentralized Autonomous Organizations, or DAO, just like Play It Forward, is a new way for businesses to work together. So, what is a DAO, and what purpose does it serve in GameFi? What is a DAO? DAOs let an organization run itself and make its own decisions without having to answer to centralized institutions. Each…
By this year, GameFi was becoming more and more popular. Not only were there new projects and utilities, but the value of the cryptocurrency market was also increasing. As per the data from CoinMarketCap, the total cryptocurrency market capitalization as of October 2022 was more than $900 billion. We could always find something fun to…