According to data from BanklessTimes.com, Capital investments in GameFi rocket past the $4B mark in the first half of 2022.
Speaking on the data, BanklessTimes CEO Jonathan Merry said. ” GameFi has attracted a lot of attention from the industry and capital markets, as the potential for mass adoption of the Play-and-earn model is becoming more apparent. The fusion of gaming and decentralized finance (DeFi) is a powerful combination that is unlocking a new world of opportunity for gamers and investors alike.”
How the Play-and-Earn Model Is Revolutionizing Customer Engagement
Play-to-earn is a model where players can earn rewards by simply playing their favourite games. This is in contrast to the traditional pay-to-win model, where players have to spend money on in-game items or upgrades to improve their chances of winning.
The beauty of the play-to-earn model is that it allows even casual gamers to monetize their hobby and earn rewards for their time and effort. This is a key driver of GameFi’s growth, as it encourages more people to try out the platform and get involved in the gaming community.
What’s Next for GameFi?
E-sport is another area with a lot of potentials, and League of Legends competitions attract more spectators than the combined Super Bowl and the NBA Finals. GameFi is already involved in the competitive gaming scene, and we can expect to see more tournaments and events being held on the platform in the future. This will attract even more gamers to the platform and help solidify GameFi’s position as the leading play-to-earn gaming platform.. The full story and statistics can be found here: Capital Investments in GameFi Rocket Past the $4B Mark in the First Half of 2022
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