Cointelegraph Consulting: Exploring the DeFi components in GameFi

by Aurelia Butler 24 February 2022, 18:20 139 Views

CryptoKitties in 2017 was the first known game to use blockchain technology, introduce nonfungible tokens (NFTs) and enable players to have a verifiable claim on their virtual assets. Then, in 2019, the introduction of an in-game currency called Smooth Love Potion (SLP) boosted Axie Infinity’s popularity and paved the way for other decentralized finance (DeFi) components to penetrate blockchain gaming. Such parallels that GameFi has with DeFi include staking, liquidity mining, NFT trading and NFT fractionalization.

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Source: Cryptocurrency - investing.com

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Cointelegraph Consulting: Exploring the DeFi components in GameFi

Food and drink prices are going up. CEOs say consumers aren't changing their shopping behavior yet

Here’s when married filing separately makes sense, according to tax experts

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