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Everything You Need to Know about GameFi

There are many new words in the blockchain industry every day, and the recent frequent appearance of GameFi has attracted a lot of attention. In reality, GameFi is a compound word for Gaming and Finance, operating on a "Play to Win" model. It is a hybrid of decentralized finance (DeFi) and non-fungible tokens (NFT) based on blockchain technology.<br>

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Everything You Need to Know about GameFi

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  1. Everything You Need to Know about GameFi

  2. There are many new words in the blockchain industry every day, and the recent frequent appearance of GameFi has attracted a lot of attention. In reality, GameFi is a compound word for Gaming and Finance, operating on a "Play to Win" model. It is a hybrid of decentralized finance (DeFi) and non-fungible tokens (NFT) based on blockchain technology.

  3. What can GameFi bring us? • Investment opportunities. As we know, games grew rapidly during the pandemic, and investments and acquisitions in games have also seen a bullish breakout. Many new funds and projects believe that the GameFi concept has the potential to completely transform gaming business models. • Value of the game. What we are talking about now is not just the surprising phenomenon. With advanced blockchain technology in the future, we believe that GameFi will bring more value to the player and developer within on-chain games. • Rewards The new GameFi model has offered monetary incentives to gamers who could make a pretty good income playing games, particularly when Covid-19 hits the job market and the economy.

  4. What are P2E games? • You may have heard of B2B 、 P2P, but what is P2E? • P2E is a shortened form of Play-to-Earn. It is a business model that has only recently innovated. In the P2E universe, people believe that players are valuable participants to the gaming ecosystem and deserve to be rewarded in the form of mining tokens and NFTs, etc., for bringing value to the game’s metaverse.

  5. The GameFi ecosystem • It is an ecosystem that includes Yield Guilds, Launchpad, Aggregator, Marketplace, and Accelerator. It provides a platform for players, investors and traders to share the benefits of innovation and cooperation in the form of tokens like LAPLATA.

  6. What GameFi can be developed in the future? • The world is changing at a speed we can only imagine in science fiction, and GameFi is sure to lead the way. • The type of game is based on digital development, which is closer to the landing of the blockchain. I mean, GameFi is just the beginning of Metaverse. Along with the development of AR 、 VR 、 AI 、 Robot 、 5G and so on, maybe we could live in a parallel world like Ready Player One movie in the future.

  7. About Us • El Silver Becoming The LAPLATA'S Contributor By Offering Your Game Stats Only. All Users Can Become A Professional Gamer In This Matchmaking Colosseum For E-Sports! EXCLUSIVE PLATFORM FOR PLAYERS WITHOUT BORDERS. ALL GAME HISTORY on EL SILVER will be filtered and advanced for EI SILVER's internal BIG DATA. This will lead you to let down bars between real world and game world. • Website - https://elsilver.net/

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