Play-to-earn crypto games have been catching on like wildfire in the industry and beyond, giving market participants something to be excited about as developers keep their noses down and build.
Blockchain-based gaming altcoins, or tokens that fuel the GameFi market, have been known to trade independent of bitcoin, which is especially useful during a crypto market downdraft like the one happening now.
Take Axie Infinity, which has been an inspiration in GameFi circles and whose virtual land plots in the metaverse are selling for millions of dollars, or hundreds of Ethereum apiece.