Categories: NewsNFT Games

How GameFi contributes to the growth of crypto and NFTs

The crypto industry has grown tremendously over the past couple of years, and one of its biggest drivers is the GameFi industry.

The market has been growing steadily and presently has a token market cap of approximately $9.2 billion. Notably, GameFi networks have continued to thrive despite the crypto winter. Indeed, the industry is forecasted to reach a $74.2 billion valuation by 2031.

Who would've thought that all of this would be that worth one day?

Do you play these games, what did attract you the most about 'em? Probably my fav part is the difference in gaming strategies and economic setups is what makes each game unique.

It's incredible how many gaming developers started developing these types of games, Altura gives users who have no prior experience with blockchain the option to integrate blockchain and NFTs into their games, so I think that there be plenty of these games very soon.

Since GameFi projects rely on cryptocurrencies to settle transactions, this has contributed greatly to the increased adoption of digital currencies in recent years. Don't you believe that their prime is still ahead of them?

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