Scams in GameFi: How to identify toxic NFT gaming projects
Cointelegraph
Published Jun 20, 2022 11:01AM ET
Updated Jun 20, 2022 01:00PM ET
Over the last couple of years, games using blockchain technology have been actively developing and attracting new players, and the decentralized games market — broadly referred to as GameFi — has gained great popularity.
The GameFi industry started back in 2013, and since then, the sphere has been slowly developing, but in 2021 the popularity of decentralized games exploded along with the boom in nonfungible tokens (NFT). According to the DappRadar analytical service, the total value of one of the most popular blockchain-based games, Axie Infinity, exceeds $550 million.
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