CryptoForce Take on GameFi

5 min readAug 22, 2021

In this story, let's see what makes GameFi so much sought after. Is GameFi just another launchpad coming up? Let’s dive in and see what is GameFi all about.

NFT & Games

Ever Since the introduction of NFTs(Non-Fungible Tokens), have shown every time and that they have the potential of changing the gaming world. The emergence of NFTs promises a new and exciting order where players take up even more critical roles in the gaming economy and receive befitting rewards in the process.

Today, this gaming paradigm has begun to take shape as game developers are increasingly adopting blockchain technology to give their games an even more immersive experience. In this guide, we will give you a rundown of some of the top NFT games available today. However, before diving into our list of the best NFT games, let first discuss the rudimentary of an NFT-based game.

Game Finance

We have heard of Decentralized Finance (DeFi)a lot of times in blockchain and cryptocurrency. It has become the trend of sorts from mid-2020. On-boarding games to blockchain and enabling decentralized finance features to these games through cryptocurrency is what calls for a new term called Game Finance.

What is GameFi?

GameFi is an all-encompassing hub for game finance. Its ecosystem features Yield Guilds, Launchpad, Aggregator, Marketplace, and Accelerator. GameFi was created to work out problems that most game studios have encountered and discovered effective ways in developing a platform that builds relationships with game players, token holders, and traders all in one place.

Play-to-earn games are rising in popularity in the blockchain industry. However, since it is still in its early stages of development, users are confronted with these challenges:

No central game hub where users can experience and discover top-rated blockchain games and in-game items.
No platform that offers players to track their earnings and manage their in-game items.

GameFi was created to focus on solving existing problems in blockchain gaming.

Allows users to discover and play several blockchain games from different blockchain networks.
It is a central repository for players’ in-game items and NFT assets
Gamers can easily track its play-to-earn yields
Grants game studios rapid exposure for its games and in-game items
Investors can join Initial Game Offerings (IGO) to get early access to in-game assets and tokens.
Game studios will be more exposed and can engage with the gamers in the GameFi community.

YieldGuild & Scholarship

BSC and Polygon have rapidly attracted some of the leading games in the blockchain space. Many of these games are actively deploying play2earn models to drive adoption and player-ownership.

GameFi is the yield guild for gamers and token holders of BSC & Polygon games.

Game & Item Aggregator

A gaming aggregator is a platform that collects game-related items or other content and displays them or links them in one place. GameFi Aggregator will be an ultimate gaming destination for gamers, investors, and other game studios.

GameFi Aggregator will become a central gaming hub for all existing and upcoming blockchain games from several blockchain networks. Users get a chance to experience playing trending games without worrying about any risks. All games featured on GameFi will follow a rigorous procedure and must be approved by the GameFi community before being listed on its Aggregator to ensure its safeness and scam-free.

GameFi Marketplace

As the game gained popularity, users sought a place to buy, sell, and trade items and other NFT content, resulting in the creation of the game marketplace. It is also a place where gamers can quickly acquire items necessary for their favorite games.

GameFi’s ecosystem offers a Marketplace for game players and sellers, buyers, and investors. Its Marketplace aims to evolve into a one-stop-shop for all in-game items and assets following the integration of DeFi tools.

GameFi’s Marketplace features the following:

A more accessible place to buy, sell, trade, or auction NFTs
Sellers and buyers can trade NFTs between various blockchain games
An accurate and reliable location for buying and selling transactions

Discovering, purchasing, selling, and trading items, assets and NFTs has never been easier with GameFi. Sellers can offer a fixed price, an open price, or even provide an auction. On the other hand, buyers can instantly purchase, negotiate a better price, or suggest trading for NFTs with the equivalent value.

Through an innovative exchange system built by GameFi, both sellers and buyers on GameFi Marketplace may trade NFTs between several blockchain games. These NFTs are then readily incorporated into games via APIs.

Moreover, GameFi wanted to ensure accuracy and reliability to all transactions that will happen in GameFi Marketplace. Using a unique exchange system, sellers and buyers may even carry cross-game NFT transactions. All of these are done using smart contracts to ensure accuracy and reliability.

Additionally, GameFi Marketplace offers items and tools involved in blockchain games and other NFT contents, such as copyrighted photographs, videos, and soundtracks.

Dedicated Gaming Accelerator & Launchpad.

Another problem users have experienced is that there is no launchpad for blockchain games that allow early access. Therefore, GameFi had created a game-dedicated Launchpad to address these adversities.

GameFi Launchpad will focus on the following:

Allow game studios to conduct Initial Game Offering (IGO) or Initial DEX Offering (IDO)
Allow users and investors to join Initial Game Offering (IGO) or Initial DEX Offering (IDO)
Game studios will be able to engage more in the GameFi community

GameFi will offer the first launchpad that conducts Initial Game Offerings (IGO) for game projects. This will allow investors to get first access to game assets and engage with the gamers in the GameFi community. Through IGO, game projects can offer the first items or NFTs of their games in various ways: pre-order, loot box, gacha, or airdrop.

GAFI Token

GAFI is the utility token of GameFi ecosystem. GAFI holders receive discounts on trading and yield fees. A portion of ecosystem fees is used to support the token’s liquidity on the secondary market. GAFI stakers have the ability to propose the direction of the ecosystem.

Token Metrics

Symbol : Gafi
Total Supply : 6,000,000 GAFI
Token Price: $1.0

What makes GameFi Standout?

At first, GameFi may look like another launchpad but a little overview of their ecosystem clearly makes puts them in the front seat of the Game Finance revolution. Its no doubt Game Finance is going to take the cryptocurrency industry for a spin. If GameFi can deliver what they set out for then they will be the front runners.

The recent Hype in Play2Earn games and other blockchain games demands a new kind of Launchpad/Accelerator and GameFi is answering them.