How GameFi contributes to the growth of crypto and NFTs

The crypto industry has grown tremendously over the past few years, and one of its biggest drivers has been the gamification industry.

GameFi is a portmanteau of gaming and finance enabling gamers to earn rewards while playing.

The market is growing steadily and currently has a token market cap of around $9.2 billion. Notably, GameFi networks have thrived despite the crypto winter. In fact, the industry is predicted to reach a valuation of $74.2 billion by 2031.