1.1 Characteristics of GameFi

Ownership and Autonomy: Blockchain technology grants players true ownership of virtual assets, allowing them to freely buy, sell, trade, and manage their assets. Players can exercise more control over their in-game assets and decisions.

Profitability: Through GameFi, players can achieve real economic returns within games. They can earn tokens or other cryptocurrencies by participating in activities within the game's economic system. These assets can be traded within and outside the game, gaining value in the real world.

Decentralized Finance: GameFi incorporates the concept of DeFi by introducing financial tools and services into games. Players can engage in lending, liquidity mining, yield farming, and other financial activities to generate income and manage their funds.

Community Engagement: GameFi promotes a model of community participation and decision-making. Players can participate in game development, governance, and decision-making, collectively shaping the direction and rules of the game, enhancing its social and playable aspects.