GameFi combines gaming with blockchain technology to create games where players can own digital assets and earn rewards. It uses NFTs for in-game items and tokens for rewards or transactions. All actions are recorded on the blockchain, ensuring transparency and ownership. This model is different from traditional gaming because players truly control their assets. Many companies like Bitdeal build GameFi solutions for businesses entering Web3 gaming.
What do you think are the biggest opportunities or challenges in GameFi development today?
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