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- Photo title: A fish is a key symbol of Christianity. Here it stands in front of a Baptist Church in Ukraine
- Author: Stechouse
- Cover photo description:
- With the rise of blockchain-based gaming and non-fungible tokens NFTs, however, this is all changing. A new gaming model is emerging based around real asset ownership and a new “play-to-earn†structure. A prime example is Axie Infinity, a play-to-earn NFT-based online game that has galvanized user interest worldwide, becoming the No. 1 decentralized app dapp in the Ethereum blockchain ecosystem. This revolution in gaming is being called “GameFi.†GameFi encompasses the ideals that gamers shouldn’t just throw money away on in-game content, but instead invest their resources in assets that can appreciate in value and be resold on secondary markets. NFT technology makes that possible, and the underlying blockchains provide the means for gamers to earn currencies that have real-world value. That has led to a new, all-digital economy, one that not only rewards users for their engagement, but offers financial services that make gaming a potentially lucrative way to generate income.
- Image ID:235026255
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