GameFi
GameFi, or play-to-earn (P2E) games, are a new type of game that combines gaming with cryptocurrency. These games allow players to earn money by playing and give them full ownership of their in-game items, which can have real-world value.
More terms under G
- GainsGains are the extra money you make when the value of your investment goes up.
- Game ChannelsGame channels are a new technology in blockchain gaming that allow games to run quickly without waiting for transactions to be confirmed on the blockchain.…
- Game TheoryGame theory is a method for studying how people and organizations make decisions in situations where their choices affect each other, often used to understand…
- GasGas is a measure of how much work is needed to complete transactions or run smart contracts on the Ethereum network. Think of it as the fuel that powers these…
- Gas LimitGas Limit is the highest amount of gas (a fee for processing transactions) that a user is willing to pay for a transaction on the Ethereum network.
- Gas PriceGas price is the amount of money you pay to process a transaction on the Ethereum network. It determines how quickly your transaction will be completed.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.