In 2018, a craze for breeding CryptoKitties (his early NFTs) nearly brought the entire Ethereum network to a standstill. However, GameFi is becoming more prevalent as the hype of cryptocurrencies and NFTs increases. Moreover, increasingly sophisticated games are built on networks such as Enjin, Polygon, and Flow. GameFi is a blockchain-powered game that allows players to earn rewards. As such, the industry has retained momentum, and its valuation is expected to hit $74.2 billion by 2031.   What is GameFi? GameFi is a platform that combines blockchain technology, non-fungible tokens (NFTs), and game mechanics to build virtual worlds that users can interact with to earn tokens. Video games were stored on centralized servers, giving publishers and creators complete control over everything in the game. This meant that the digital objects you collected in the game over hours, even years, were not yours. Few of these objects were used outside games, from avatars and virtual ...