Outstanding Game Modes In GameFi Explained (Part 1)
🔥The term “GameFi” consists of two terms “Game” and “Fi” as in finance. It usually refers to games on the blockchain that people can play to make money. Players typically get real-world cryptocurrencies and non-fungible tokens (NFTs) through fulfilling tasks, engaging in player conflict, and progressing through game levels.
The prizes in games that make use of GameFi technology are either digital currency or in-game items like avatars, avatar land, weapons, and costumes. The majority of the time, the in-game items will be of some use to players and enable them to gain even more monetary rewards.
Below are three of the many different outstanding gaming modes that exist in the world of GameFi which have been attracting an incredible amount of users since their first launches:
🕹 Battle Royale (BR)
A battle royale game is an online multiplayer video game genre that blends last-man-standing gameplay with the survival, exploration and scavenging elements of a survival game. In GameFi, some famous examples of Battle Royale games are Katana Inu and Revoland.
🕹 Multiplayer online battle arena (MOBA)
A multiplayer online battle arena is a subgenre of strategy video games in which two teams of players compete against each other on a predefined battlefield (FOTA, Revoland,..). MOBA mode games have been attracting a huge number of game enthusiasts around the world, some of which include several popular examples such as LoL, FOTA, and DOTA,…
🕹 Massively multiplayer online role-playing game (MMORPG)
A massively multiplayer online role-playing game is a video game that combines aspects of a role-playing video game and a massively multiplayer online game. As in role-playing games, the player assumes the role of a character and takes control over many of that character’s actions. For instance, among various MMORPG projects in the blockchain-based market, Kryxivia and Xander are the two prominent projects which are new to the market yet have earned themselves a significant volume of user-base.