GameFi (GAFI) is a decentralized finance (DeFi) platform focused on blockchain gaming. It also functions as an NFT marketplace for play-to-earn crypto games. The platform provides the essential building tools that help developers create games more easily. The resulting games can run on Polygon and Binance Smart Chains 

The ecosystem extends further by offering a gaming accelerator (with the tools and templates needed to streamline blockchain integration), yield guilds (a way to generate passive income so participants can earn without playing), a DeFi wallet for more advanced financial activity, a game launchpad, mini-games for newcomers, and more. This complete setup is designed to serve gamers, developers, and investors alike. 

GAFI is the platform’s token, used primarily for governance and staking. It is also applied to yield fees and provides discounts on the platform’s NFT marketplace. 

The project is created by a team led by Hai Duong. Most team members are based in Vietnam, and the platform launched in 2021. Support from Icetea Labs and DAO Maker helped accelerate the project’s expansion. 

What are GAFI's key features and how does it work?

Crypto gaming and decentralized finance (DeFi) have been developing alongside each other, and an all-in-one blockchain gaming platform can be valuable. GameFI targets this space by delivering a broad, end-to-end solution intended to support both gamers and developers. 

GameFI operates using the play-to-earn model and primarily serves as an NFT marketplace. 

The GAFI token powers the platform. It is a BEP-20 asset that is important to the platform’s token economics. The list below outlines what it enables: 

Staking and governance. Staking GAFI grants voting rights. This includes voting on key matters-like new features and upgrades-and participation in shaping the project’s direction. 

Discounts. GAFI holders can access special discounts across the marketplaces, letting them purchase NFTs for less. Trading discounts are also available.

Supporting liquidity for the platform. The GameFi hub collects fees paid in GAFI tokens. This is intended to improve liquidity across secondary markets and increase the number of tokens in circulation. 

Fees inside the ecosystem. Multiple fee types exist: trading fees, acceleration fees for the accelerator and launchpad, and yield fees for users of the platform’s Yield Guilds (which enables people to earn without playing). These fees are meant to support long-term platform growth. 

Where can you buy GAFI?

You can purchase GAFI on several exchanges, including KuCoin, Gate.io, BKEX, Hoo, and PancakeSwap (V2). The token can be traded for assets such as ETH, as well as stablecoins like USDT. 

How can you store GAFI?

GAFI is connected to the Binance Smart Chain Mainnet, so any BEP-20 compatible wallet should work. 

Mining

GAFI tokens cannot be mined, and the total supply is limited to 15,000,000 GAFI. Most tokens are earned through in-game activities, though a staking program is also available along with other ways to earn without playing.