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GameFi combines gaming (think "Game") with finance ("Fi"). Imagine playing a game on your smartphone earning rewards that have real value!
Games like Hamster Kombat, Battle Bulls and Whales by Wirex are examples of this. These are typically tap to play games, where you earn in-game items or rewards by tapping the screen repeatedly. In GameFi, these rewards can be special tokens, a type of digital asset that can be valuable.
There is a twist: These tokens can sometimes be exchanged for real money or other cryptocurrencies! So, while you're having fun playing, you might also be earning something that has value outside the game.
So have some fun and if you are lucky, your fun time may become profitable.
As always, be mindful of what phone to use, what security settings you have, and never ever give personal information away.
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