GameFi

About the GameFi platform

GameFi, short for Game Finance, is an emerging sector within the cryptocurrency industry that combines gaming and decentralized finance (DeFi) to create a new paradigm of gaming experiences and financial opportunities. GameFi platforms provide users with the ability to earn, trade, and invest in gaming-related assets, enabling gamers to monetize their skills and passion for gaming.

The GameFi ecosystem offers a variety of innovative features and opportunities for gamers. One of the core aspects is the play-to-earn model, where players can earn cryptocurrency rewards or in-game tokens by actively participating in games. This allows gamers to turn their gaming achievements into tangible value, bridging the gap between virtual gaming worlds and the real economy.

In addition to earning rewards, GameFi platforms provide users with various financial instruments and investment opportunities. Players can stake their in-game assets or tokens to earn passive income through yield farming or liquidity mining. They can also participate in decentralized exchanges (DEXs) to trade gaming tokens, invest in rare or valuable virtual items, or engage in tokenized game asset trading. This integration of DeFi protocols within the gaming ecosystem introduces new ways for players to grow their digital assets and generate returns.

All necessary data about the crypro launchpad platform activity

This page contains platform's data and key indicators that reflect the level of activity of the GameFi, such as:

• Native Token
• Supported Blockchains
• Average ROI
• Average ATH ROI
• Total Funds Raised
• Staking Lock
• Entry Treshhold
• Top Projects by ROI
• Recently Launched
• Top Gainers
• Top Categories
• GameFi Tiers with next data:
  • Staking
  • Chance/Pool Size
  • Stacking Lock
  • Allocation Type
  • Additional Info

Top projects by ROI launched on this platform

In the context of cryptocurrency, ROI (Return on Investment) refers to the profit or loss that an investor realizes on a crypto project they have invested in. It is a measure of the performance of the investment relative to the initial investment amount.For example ROI of the next projects are:

• GameFi - 8.42x
• XANA - 2.5x
• Rebel Bots - 1.0x
• Sidus - 0.554x
• Monsterra - 0.469x

The ROI of a crypto project can be calculated by taking the difference between the current value and the initial value, and dividing that by the initial value.

For example, if an initial pirce of the project is $0.7 and the curent value is $1.4, the ROI would be 2.0x

Recently launched projects on GameFi platform

• Goons of Balatroon - 0.0183x
• Monsterra - 0.469x
• XANA - 2.5x

To launch a project on a launchpad crypto platform means to create and deploy a blockchain-based application or cryptocurrency on a platform that specializes in fundraising for early-stage cryptocurrency and blockchain projects. Launchpad platforms, such as Scaleswap, ZeeDO, provide a way for startups to access funding, build communities, and increase awareness of their projects.

Top Gainers which were launched on GameFi

• GameFi - 21.5%
• Goons of Balatroon - 8.09%
• Wam - 7.24%
• Froyo Games - 6.98%
• The Killbox - 6.38%

In the context of cryptocurrency projects, "gainers" usually refers to tokens or coins that have experienced significant increases in value over a certain period of time. When people say that a particular crypto asset is a "gainer," they are usually referring to the fact that its price has gone up substantially, sometimes even doubling or tripling in value within a short period of time.

The best categories in which crypto projects were launched

• GameFi - 550.0
• Non-Fungible Tokens (NFT) - 138.0
• Marketplace - 87.5

In the world of cryptocurrency, there are many different types of projects, each with its own unique features and goals. These projects can generally be categorized into a few broad categories based on their intended use cases and the underlying technology.

For example, we have these projects in the following categories:

Bridge - Scotty Beam, Celer Network, NaboxLaunchpad - SolRazr, NFTPad, DexlabNon-Fungible Tokens (NFT) - Defina, Ternoa, Duelist King

FAQ about GameFi

How does GameFi work?

GameFi uses a decentralized platform to connect new blockchain projects with potential investors. Projects that are selected to launch on the platform go through a vetting process to ensure they meet certain criteria and are a good fit for the platform's audience. Users can participate in ITOs by purchasing tokens using cryptocurrency, and may be eligible for special bonuses or benefits depending on their level of participation.

How do I participate in an IDO/IEO on GameFi?

To participate in an ITO on GameFi, you will need to connect your digital wallet to the platform and complete a Know Your Customer (KYC) verification process. Once you are verified, you can purchase tokens using cryptocurrency. The specific requirements and procedures for participating in ITOs on Polkastarter may vary depending on the project.

What are the benefits of using GameFi?

GameFi provides a number of benefits to users, including early access to potentially valuable new blockchain projects, lower fees compared to traditional fundraising methods, and a decentralized platform that provides greater transparency and security.

What are some successful projects that have launched on GameFi?

Some successful projects that have launched on GameFi include: Goons of Balatroon, Monsterra, XANA, among others. However, past performance is not necessarily indicative of future success, and it's important to do your own research before investing in any project.