How GameFi Works

1. Buying or Owning Digital Assets

Players typically need to purchase digital assets, such as NFTs or in-game tokens, to start playing. Some platforms also allow players to play for free with the chance to earn in-game assets.

2. Playing the Game

Players will complete missions, challenges, or tournaments to earn rewards in the form of crypto tokens or NFTs.

3. Managing Assets

The digital assets earned can be used in-game to improve skills or sold on the open market for profit.

4. Monetization

Players can exchange their tokens or NFTs for fiat currency through crypto exchanges or trading platforms.