GameFi

GameFi

GAFI
$5.24%-1.22

Key Metrics

Price$5.24
Real Volume (24H)$323,860
Marketcap$27,010,544
Fully Diluted Valuation$78,240,824
ATH$352.17
ATH Date11/21/2021, 8:19:36 AM
ATLN/A
ATL Date9/11/2021, 2:30:41 PM
Circulating Supply5.2M
Total Supply15M
Popularity Rank511
Chart
What is GameFi?

GameFi, or GAFI, is a revolutionary platform that combines the worlds of gaming and cryptocurrency. This yield guild gaming platform serves as a hub for traders and investors alike, providing a one-stop-shop for earning cryptocurrency rewards, investing in non-fungible assets (NFTs), and accessing play-to-earn games.

One of the key features of GameFi is its ability to provide quick and easy access to all games, without the need for users to pay any costs. This allows players to enjoy the full gaming experience without any financial barriers. Additionally, the platform makes it easy for users to find traders for all game items, making it a go-to destination for gamers looking to buy and sell in-game assets.

For investors, GameFi offers first access to upcoming games, as well as better liquidity for gaming assets. Liquidity in this context refers to the ability for an asset to convert to real-world currency without affecting its market price. The platform runs on Binance smart chain (BSC) and Polygon, two of the most popular blockchain networks in the gaming industry.

The GameFi ecosystem is designed to support the growth of the game finance economy. It includes a game aggregator that allows users to access games and gaming assets on any blockchain from a single dashboard, a game marketplace that offers NFTs users to utilize multiple chains, and an auction house that ensures fair and transparent bidding for rare and valuable in-game assets. Additionally, the ecosystem also offers a launchpad and minigames to encourage players to get more involved in the platform.

The native token of the GameFi platform is GAFI. Users holding GAFI tokens can receive discounts on trading and yield fees, as well as have a say in the direction of the ecosystem through its governance feature. A portion of the ecosystem's fees are used to support the token's liquidity in the market.

The GameFi team is led by experienced professionals such as Hai Duong, Project Lead, Lexia Nguyen, Head of Operations, and Linh Do, Head of Quality. The platform has a total supply of 15,000,000 GAFI, with a fair launch in the first quarter of 2021. With its unique approach to gaming and investment, GameFi is poised to become a major player in the world of cryptocurrency and gaming.

The GameFi token sale took place in Q1 of 2022, with the platform officially launching in Q2 of the same year. Since its launch, the platform has continued to grow and evolve, adding new features and games to the ecosystem. One of the most notable developments was the integration of the Binance Smart Chain (BSC) and Polygon, which allowed for faster and cheaper transactions on the platform.

The team behind GameFi has also been actively working on partnerships and collaborations with other companies in the gaming industry. These partnerships have helped to bring new users to the platform and increase the liquidity of the GAFI token. In addition, the GameFi team has also been focused on building a strong community around the platform, with regular events and activities to engage users and promote the platform's growth.

The GameFi ecosystem has also been expanding its NFT offerings, with the launch of its own NFT marketplace. This marketplace allows users to buy, sell and trade in-game assets and other NFTs, and has become a popular destination for collectors and investors.

Overall, GameFi has established itself as a leading player in the yield guild gaming space. With its user-friendly interface, wide range of games and NFTs, and strong community, it has become a go-to destination for gamers and investors alike. As the platform continues to evolve and expand, it is expected to become even more popular and valuable in the coming years.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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