📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
GameFi: A New Revolution in the Game Industry Driven by Blockchain
GameFi: From Decentralized Finance to the New Generation of Gaming Revolution
The emergence of blockchain technology has brought new opportunities to the gaming industry. GameFi, as a fusion of Decentralized Finance, NFT, and blockchain games, is reshaping the gaming ecosystem.
The Origin and Development of GameFi
The concept of GameFi was first proposed by MixMarvel's Chief Strategy Officer, Mary Ma, in 2019, referring to "gamified finance" and "a new gamified business." In 2020, Yearn.finance founder Andre Cronje further elaborated on the vision of GameFi, believing that the future of Decentralized Finance will develop in a gamified direction.
The development of GameFi has gone through several stages:
Era 1.0: Represented by CryptoKitties and Fomo3D, mainly simple blockchain games, lacking a complete financial system.
Era 2.0: Axie Infinity pioneered the "play-to-earn" model, The Sandbox built a virtual world, and GameFi began to form a complete ecosystem.
Era 3.0: Full-chain gaming has become the development direction, and integration with new technologies such as AI and the Internet of Things has become a trend.
The Core Value of GameFi
Compared to traditional games, GameFi has the following advantages:
Asset Ownership: Players truly own in-game assets and can trade freely.
Open Economic System: Forming a self-circulating economic system through token incentives.
Decentralized governance: Players can participate in game development decisions.
Cross-platform interoperability: Assets can be interchanged between different GameFi.
Innovative business models: such as new profit models like "play-to-earn".
Future Prospects of GameFi
Full-chain games will become mainstream, realizing that all game logic is on-chain.
Integrate with new technologies such as AI and VR to enhance the gaming experience.
Traditional game IP introduces blockchain, igniting new vitality.
Build the metaverse ecosystem and create a virtual world.
Improve the economic model to achieve sustainable development.
GameFi is in a vigorous development stage and is expected to become one of the core application scenarios in the blockchain world in the future. With advancements in technology and the improvement of the ecosystem, GameFi will bring new changes to the gaming industry.