This is where GameFi comes in. In order to bridge the gap between the common citizen and bring this new class of high yield investment products through the use of gamification and Non-Fungible Token (NFT) technology.
The gamification of investment products like liquidity provision, yield farming, lending and borrowing, trading and others, makes them more intuitive to the user and allows them to engage in investment in a fun and relaxing manner. This also brings some level of education to the world of DeFi. As users become more accustomed to these products, they can move on to less gamified versions of them.
GameFi also brings in a whole new value proposition to the table. The concept of “play-to-earn” replaces old models, where players were usually motivated to spend money or view ads in order to play or have certain advantages within the game. Instead, GameFi gives users new revenue streams, rewarding them for their expertise when playing.