GameFi was initially created by Yearn Finance founder Andre Cronje. It began as a term to describe DeFi protocols with gamified elements, but it has since evolved to signify blockchain games. Items,GameFi was initially created by Yearn Finance founder Andre Cronje. It began as a term to describe DeFi protocols with gamified elements, but it has since evolved to signify blockchain games. Items,
Belajar/Cryptocurrency Knowledge/Hot Concepts/What is GameFi?

What is GameFi?

Jul 16, 2025MEXC
0m
4
4$0.011094+3.18%
DeFi
DEFI$0.0001238+4.47%

GameFi was initially created by Yearn Finance founder Andre Cronje. It began as a term to describe DeFi protocols with gamified elements, but it has since evolved to signify blockchain games.

Items, skins, and coins from established games can be sold for money in the real word, leading to specialized studios engaging in activities such as grinding, power leveling, and recharging within the games for profit. While such practices are prohibited by game developers, numerous gray platforms continue to facilitate such transactions. Additionally, actions like account banning may contribute to players' dissatisfaction with gaming platforms.

Blockchain games bring forth a significant surge in the value of in-game items. With their own uniqueness, scarcity, transferability, and ownership, these items belong entirely to the players. By considering these characteristics of in-game items, it becomes evident that they align with the features inherent in NFTs, which serve as the core components of GameFi.

1. Why Games Need to Go On-Chain


1.1 Games with inherent economic mechanisms naturally involve transactions, and the majority of games have their own economic systems.

1.2 The diverse purposes of in-game unique assets (trading, speculation, and collecting) closely correspond to NFTs.

1.3 By revolutionizing the relationships within the game industry chain, business models built upon virtual game economies are set to become more vibrant and enriched.

2. Development of GameFi


In November 2017, CryptoKitties went live, triggering congestion on the Ethereum network. The game, which involved breeding virtual cats, accounted for nearly 30% of ETH's transactions at that time, leading to network congestion and skyrocketing gas fees. This directly led to the team's focus on Flow, a public blockchain dedicated to gaming.

During the summer of 2021, Axie Infinity gained immense popularity with its Play-to-Earn model and high returns, sparking a frenzy across the entire blockchain gaming market.

In the latter half of 2021, spurred by Axie Infinity, other blockchain gaming projects on various public chains quickly followed suit. Titles like Farmers World, RACA, CryptoMines, CyberDragon, Wolf Game, and Sunflower Farmers launched and injected vitality into the blockchain gaming craze.

In 2022, the cycle of blockchain games reaching their break-even point extended, gradually fading from users' focus.

In April 2022, STEPN was introduced as the first mobile Move-2-Earn NFT game. In the latter half of the year, STEPN gained immense popularity, leading to the emergence of more similar games. The concept of "X-to-Earn" gained traction.

3. Features of GameFi


3.1 Ownership of Assets: In GameFi, players have ownership of in-game assets, marking a significant departure from traditional gaming.

3.2 Open Market: GameFi allows for the free buying, selling, and trading of in-game assets on the market, providing the potential for profit.

3.3 Reward Incentives: Currently, the biggest driving force enticing players is the opportunity to participate in GameFi projects for profit generation.

4. Main Types of GameFi


4.1 Categorized by Game Type: This primarily includes five types: card games, lottery-style games, cultivation games, construction games, and competitive games.

4.2 Categorized by Token Type: Single-token, dual-token, and multi-token models.

4.3 Categorized by Industry Chain: Issuance platforms, gaming chains, decentralized computing, and profit-generating guilds.

5. Current Issues of GameFi


5.1 Low Level of Independent Development: Many current GameFi types available on the market can be found in traditional gaming, with some even directly integrating economic models from traditional games. GameFi teams often lack experience compared to traditional game companies, leaving ample room for improvement.

5.2 Lack of Game Design and Operations Experience: Native crypto teams often lack experience in designing game mechanics and adjusting economic models. They are not well-versed in various means to maintain a stable game economy system, which is why many GameFi projects eventually spiral into decline.

5.3 Reliance on Traditional Distribution Channels: GameFi projects have not completely moved away from traditional distribution channels and still require promotion on platforms like App Store, Google Store, and Facebook.

6. Conclusion


From the perspective of blockchain enthusiasts, GameFi offers a more efficient and high-quality autonomous trading experience, breaking through the limitations of traditional gaming to create new value and experiences.

As players have full control over their game characters, assets, and items, token-driven governance in blockchain gaming allows players to optimize and upgrade the games through voting. It also comes with several operational advantages, including players' participation in running and maintaining decentralized blockchain games. As the number of subsequent player users increases, the benefits obtained by early players will also rise significantly.

Furthermore, in other blockchain industries, certain centralized banking aspects of GameFi continue to excel. With it, players can explore various financial tools found in traditional finance such as stocks, funds, and futures. Overall, GameFi projects are still in the early exploration phase within the blockchain gaming industry, but the outlook is promising.

Of course, it is undeniable that GameFi has its own shortcomings to overcome, such as its high latency issue, as many players hope for seamless gameplay in which they can directly click links or enter stores without downloading. However, current blockchain games are limited by the overall TPS speed of the blockchain, so players might not always enjoy a smooth gaming experience during on-chain interactions. Additionally, the cost of GameFi devices for players has not decreased significantly. For games like Axie Infinity, players may need to own three pets just to gain approval for entry. This means having a certain level of financial strength is a necessary condition to play the game. Moreover, players require a significant understanding of blockchain knowledge to smoothly engage in blockchain gaming, and whether this will change remains uncertain.


Peluang Pasar
Logo 4
Harga 4(4)
$0.011087
$0.011087$0.011087
-0.85%
USD
Grafik Harga Live 4 (4)

Artikel Populer

Lihat Selengkapnya
Exchange Kripto Tanpa Biaya Terbaik 2026: Kami Memeriksa 8 Struktur Biaya. Hanya Satu yang Nol di Setiap Lini.

Exchange Kripto Tanpa Biaya Terbaik 2026: Kami Memeriksa 8 Struktur Biaya. Hanya Satu yang Nol di Setiap Lini.

MEXC adalah pilihan utama kami di antara exchange kripto tanpa biaya dalam perbandingan ini: inilah satu-satunya platform yang memadukan maker 0% pada seluruh pair spot dengan 600+ pair spot dan 320+

Di Mana Membeli Kripto pada 2026? Tempat Terbaik Membeli Kripto Berdasarkan Wilayah, Jalur, dan Biaya

Di Mana Membeli Kripto pada 2026? Tempat Terbaik Membeli Kripto Berdasarkan Wilayah, Jalur, dan Biaya

Bagi sebagian besar orang, tempat terbaik untuk membeli kripto adalah exchange terpusat berskala besar. Di luar AS dan Inggris, MEXC adalah pilihan utama kami dalam panduan ini: biaya maker spot 0%, k

Cara Mengonversi USDT ke OKLOON di MEXC: Panduan Konversi Oklo Spot

Cara Mengonversi USDT ke OKLOON di MEXC: Panduan Konversi Oklo Spot

Ringkasan OKLOON adalah produk tokenisasi Ondo yang dirancang untuk memberikan eksposur ekonomi yang terkait dengan Oklo Inc. (NYSE: OKLO). MEXC secara resmi menambahkan OKLOON ke layanan Konversi pad

Apakah Saham Oklo Layak Dibeli pada 2026? Skenario Bullish, Skenario Bearish, dan Katalis Utama

Apakah Saham Oklo Layak Dibeli pada 2026? Skenario Bullish, Skenario Bearish, dan Katalis Utama

Ringkasan Pertanyaan “Apakah saham OKLO layak dibeli?” pada akhirnya bergantung pada apakah investor percaya Oklo dapat mengonversi pipeline pengembangan nuklirnya yang luar biasa kuat menjadi aset op

Kabar Kripto Terpopuler

Lihat Selengkapnya
Saham Unitree Melonjak 460% pada Debut IPO, 688836 Ditutup di RMB845

Saham Unitree Melonjak 460% pada Debut IPO, 688836 Ditutup di RMB845

Unitree Robotics mencatat salah satu debut IPO Tiongkok paling dramatis pada 2026 ketika mulai diperdagangkan pada 19 Agustus. Saham produsen robot humanoid tersebut, dengan kode 688836 di STAR Market

Mengapa Stok Digital Barat Turun 7% Hari Ini? Saham Penyimpanan AI Meluncur saat Hasil Obligasi Meningkat

Mengapa Stok Digital Barat Turun 7% Hari Ini? Saham Penyimpanan AI Meluncur saat Hasil Obligasi Meningkat

Ikhtisar Produsen penyimpanan data global Western Digital (NASDAQ: WDC) mengalami tekanan penjualan institusional yang berat pada 18 Agustus, dengan saham menurun sekitar 7,4 persen selama sesi perdag

Mengapa Stok Sandisk Turun 9% Hari Ini? Reli Penyimpanan AI Membalik karena Saham Tech Dijual

Mengapa Stok Sandisk Turun 9% Hari Ini? Reli Penyimpanan AI Membalik karena Saham Tech Dijual

Ikhtisar Memori flash global dan pemimpin penyimpanan solid negara SanDisk , yang beroperasi di bawah perusahaan induk Western Digital , mengalami tekanan penjualan yang berat pada 18 Agustus, dengan

Tingkat Jalankan Pendapatan Anthropic Mencapai 65 Miliar Sebelum IPO Potensial Dan Yang Harus Diketahui Investor

Tingkat Jalankan Pendapatan Anthropic Mencapai 65 Miliar Sebelum IPO Potensial Dan Yang Harus Diketahui Investor

Ikhtisar Pemimpin penelitian kecerdasan buatan Anthropic telah memberikan kejutan mendasar ke pasar modal global dengan metrik keuangan terbarunya. Pengungkapan kinerja internal baru-baru ini mengungk

Berita yang Sedang Tren

Lihat Selengkapnya
Ulasan Pendapatan Tesla Q1 2026: Pengiriman Pulih, Namun Kualitas Margin Tetap Menjadi Ujian Sebenarnya

Ulasan Pendapatan Tesla Q1 2026: Pengiriman Pulih, Namun Kualitas Margin Tetap Menjadi Ujian Sebenarnya

Tesla melaporkan hasil keuangan Q1 2026 pada 22 April 2026, setelah penutupan pasar AS. Perusahaan mengirimkan 358.023 kendaraan pada kuartal tersebut, menghasilkan total pendapatan sebesar $22,4 mili

Tinjauan Pendapatan Apple Q2 FY2026: Pendapatan iPhone dan Pertumbuhan Layanan Menjaga Kisah EPS Tetap Utuh

Tinjauan Pendapatan Apple Q2 FY2026: Pendapatan iPhone dan Pertumbuhan Layanan Menjaga Kisah EPS Tetap Utuh

Apple melaporkan hasil kuartal kedua tahun fiskal 2026 pada 30 April 2026, untuk kuartal yang berakhir pada 28 Maret 2026. Pendapatan mencapai $111,2 miliar, naik 17% secara year-on-year, sementara EP

Bunga Terbuka Hyperliquid Mencapai $11,5 Miliar: Apakah Perpetual On-Chain Meluas ke Pasar Ekuitas AS?

Bunga Terbuka Hyperliquid Mencapai $11,5 Miliar: Apakah Perpetual On-Chain Meluas ke Pasar Ekuitas AS?

Bunga terbuka Hyperliquid telah mencapai sekitar $11,5 miliar, rekor tertinggi baru untuk tahun 2026, dengan pasar HIP-3 menyumbang hampir $4 miliar. Kontrak yang terkait dengan S&P 500 telah menjadi

Peringatan Coldcard Mk3 Mengikuti Penyapuan Bitcoin Senilai $38 Juta, Namun Penyebabnya Masih Belum Dikonfirmasi

Peringatan Coldcard Mk3 Mengikuti Penyapuan Bitcoin Senilai $38 Juta, Namun Penyebabnya Masih Belum Dikonfirmasi

Pembuat dompet perangkat keras Bitcoin, Coinkite, telah memperingatkan pengguna tentang masalah pembangkitan seed yang memengaruhi perangkat Coldcard, termasuk setiap versi firmware Mk3 dari 4.0.1 ke

Artikel Terkait

Lihat Selengkapnya
Apa itu Stablecoin? Panduan Pemula Lengkap untuk Mata Uang Kripto yang Stabil

Apa itu Stablecoin? Panduan Pemula Lengkap untuk Mata Uang Kripto yang Stabil

Apakah Anda tertarik pada stablecoin tetapi merasa dunia mata uang kripto membingungkan? Anda tidak sendirian. Mata uang digital bisa jadi rumit, terutama bagi mereka yang baru mengenal bidang ini. Pa

Apakah XRP Membakar Koin? Ya, tetapi Bukan karena Alasan yang Anda Kira

Apakah XRP Membakar Koin? Ya, tetapi Bukan karena Alasan yang Anda Kira

Jika Anda memegang XRP atau sedang mempertimbangkan untuk membelinya, Anda mungkin pernah melihat perdebatan tentang "pembakaran XRP" dan bertanya-tanya apa sebenarnya yang diributkan. Jawaban singkat

Apakah XRP Akan Naik? Jawaban Jujur yang Tidak Diberikan Siapa Pun

Apakah XRP Akan Naik? Jawaban Jujur yang Tidak Diberikan Siapa Pun

Cepat atau lambat, hampir setiap pemegang XRP mengetik pertanyaan yang sama di kolom pencarian: apakah XRP akan naik? Inilah masalah jujur dari pertanyaan itu — siapa pun yang menjawabnya dengan "ya"

Bisakah XRP Mencapai US$1.000? Perhitungannya Menjawab Tidak, Ini Alasannya

Bisakah XRP Mencapai US$1.000? Perhitungannya Menjawab Tidak, Ini Alasannya

Setiap reli pasar kripto selalu memunculkan kembali pertanyaan yang sama: bisakah XRP mencapai US$1.000? Ini adalah salah satu target harga yang paling banyak dicari di seluruh industri kripto, dan ja

Daftar di MEXC
Daftar & Dapatkan Bonus hingga 10,000 USDT
Apakah Stablecoin Anda Aman?
Apakah Stablecoin Anda Aman?Apakah Stablecoin Anda Aman?
Pahami risiko USDT, USDC, OpenUSD & USD1