GameStation Fosters the Future of GameFi Development Some gamers in the Philippines are reportedly earning more than an average monthly salary in their country by playing blockchain games, which means GameFi has the potential to change playersвЂ™ lives for the better. If DeFi dominated the summer of 2020, then this year looks like the blockchain community is ready for a GameFi Autumn.Д¬OVID-19 has pushed a large number of people inside and shaken the global economy, and in the midst of this uncertain economic situation, many are turning towards blockchain gaming to make a living. These gaming NFTs can be used in-game, can increase in value, and can be sold on secondary markets for a profit.Дuring the summer of 2021, on-chain data showed that by the end of July, more unique active users were interacting with blockchain games than with DeFi and the NFT market combined.

These games often reward players with digital assets that they actually own, just like any other crypto, except unlike any other crypto, these assets can be used to enhance gameplay.

Play-to-Earn (P2E) games are attracting a wide audience. Play-to-Earn Blockchain Games Gaining Massive Popularity Just one NFT blockchain game, Axie Infinity, doubled EthereumвЂ™s revenue over the month of August.Д«oth the gaming industry and DeFi are expected to demonstrate massive growth over the coming years, and it seems like the two sectors will fulfill this potential through a synergy of combined efforts as gamers turn to DeFi and the DeFi community turns to gaming. NFTs have been the catalyst for this revolution in blockchain games. The NFT marketplace Opensea saw massive gains through the month of August, with $3.4 billion in transactions being accounted for on its platform which includes gaming NFTs as well as NFT avatars and works of art.

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