How is GameFi implemented?

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In GameFi, rewards can take the form of bitcoins or in-game items like avatars, virtual real estate, weapons, and outfits. Each GameFi venture will utilize an extraordinary model and gaming industry. Most of the time, in-game assets are NFTs that can be traded on NFT gaming marketplaces and are based on the blockchain. However, at other times, in-game assets cannot be traded or sold until they have been converted into NFTs.

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