DeFi and DAO in Gaming

What is DeFi? DeFi stands for Decentralized Finance. It is one of the aspects of the broader crypto space, DeFi offers most of the services of the mainstream financial world such as saving, investing, trading, and more that is controlled by the masses instead of a central entity or institution.  Decentralized Finance is challenging the traditional financial service providers and aims to eventually replace them. DeFi uses open-source codes, giving anyone who has the ability to build on pre-existing applications in a permissionless and composable manner. These codes are open to the public which makes transactions transparent, and anyone who

An Intro to Axie Infinity

Axie Infinity is a play-to-earn game that is having an insane run in the last few months. In early July, the game reached over 100 million USD in weekly sales volume, bringing this game to a multi-billion dollar annual run rate if this trend continues.  Daily active users went from 38,000 to 350,000 in just about 3 months which makes it the most used app in crypto. $AXS which is the governance token that is used behind the project is up 246% in the last two months alone.  Investors that got in the game early are now rich beyond their