What term is used to describe the intersection of decentralized finance and blockchain-based gaming?
Question: What term is used to describe the intersection of decentralized finance and blockchain-based gaming?
The term you're looking for is GameFi. It's a combination of "gaming" and "finance" and represents the convergence of blockchain technology, decentralized finance (DeFi), and gaming. GameFi games often use elements like non-fungible tokens (NFTs), yield farming, and borrowing and lending to create economic models where players can earn rewards and even real-world money.
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