What is Crypto GamiFi?

A "crypto gamiFi" is likely a play on the words "cryptocurrency" and "gamification," and it probably refers to a system that uses elements of game design to encourage people to use or interact with cryptocurrency. An example of this might be a mobile app that rewards users with small amounts of a particular cryptocurrency for completing certain tasks or challenges. For example, the app might award users a certain number of tokens for each friend they refer to the app…

What are Play-to-earn (P2E) Games?

Play-to-earn (P2E) games are video games in which players can earn real-world rewards or cryptocurrency by playing the game and achieving certain milestones or goals. These rewards can be earned through in-game activities such as completing quests, defeating enemies, or participating in events. Some examples of play-to-earn games include blockchain-based games that use non-fungible tokens (NFTs) or other types of cryptocurrency to reward players and games that offer real-world rewards such as gift cards or merchandise. Play-to-earn games aim to…

Are Play-to-Earn Games Really Paying Players?

We have seen a rise in the number of games allowing players to earn money. These play-to-earn (P2E) games enable people to monetize their gaming experience. But can you make money from this kind of game? As we enter 2023, many wonder if they can trust these games to pay their players. Let's find out! Definition of Play-to-Earn Games Play-to-Earn games are online games that allow players to monetize their in-game achievements, time, and effort. Such games usually have an…