Why GameFi Is Crypto’s Hot New Thing (and What Is It?)

One of the hottest things in the cryptocurrency world right now is GameFi. Its name reflects the combination of the old-fashioned thrill of winning prizes with new crypto developments in what’s known as DeFi. GameFi players can trade, lend or rent out their winnings or or even borrow against them. You can’t do that with the stuffed kitty you scored at the county fair. As its popularity soars, there’s a debate over whether GameFi will remake gaming or just separate the credulous from their money.

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