How to launch your own GameFi Platform?

Posted by bitdeal on September 3rd, 2022

GameFi - Game + Finance

GameFi is the club of the gaming industry and decentralized finance (DeFi). This GameFi is the result of the collaborative effort of both blockchain enthusiasts and gamers.

This GameFi platform represents the combination of Non-fungible tokens (NFTs), Cryptocurrencies, Play To Earn (P2E) gaming model.

The merge of Gaming & DeFi occurs in these two ways:

1. Decentralized Games with DeFi Elements
2. DeFi with gaming mechanisms

Hidden Reason Behind The Popularity of GameFi Platforms
The main two benefits of GameFi platforms that make it popular are as follows

Play & Earn
GameFi platform's mechanism, the play-to-earn is completely different from traditional pay-to-play-and-play-to-win models.

In the GameFi platform, the players can make money by playing their own favorite games and this offers the premise for financial inclusion in the gaming industry.

Secure Ownership
The involvement of NFTs in these decentralized games increases their monetization potential & offers gamers true ownership of their assets.

Since in-game items can be transferred via distributed blockchain ledger & no in-game items can be altered.

How To Launch Your Own GameFi Platform?
Launching your own GameFi Platform is easy when you contact a GameFi Development Company. They take care of all the activities from scratch to get it launched. We Bitdeal, The Leading GameFi Development Company offer the development of platforms with both gaming & decentralized finance features & plugins. We have experts who are skilled in developing decentralized games with finance mechanisms inbuilt.

Our GameFi development also includes offering clones of top GameFi platforms. We also provide a unique GameFi Script to launch your own GameFi platform from the scratch with features like NFT, Metaverse, and more.