Korea Blockchain Week is an upcoming conference where Blockchain, Web3, NFT, as well as DAO, and GameFi are discussed alongside other innovations. This is the fifth edition of the event and it features top speakers across the world.
When and Where
Korea Blockchain Week will be running from August 8 to 12, 2022 in Seoul, Korea. Additionally, the world of decentralized finance and asset tokenization is rapidly gaining popularity, as the GameFi industry incorporates all these functionalities. For example, the BSC-based game MOBOX blends yield farming with NFT collectibles and other DeFi services.
Korea Blockchain Week Discussion
What is GameFi?
GameFi is simply a fusion of the words “game” and “finance.”
It combines cryptocurrency, blockchain, NFTs, and game mechanics to create a virtual environment where players participate and earn money in the process.
GameFi operates on a “play-to-earn” model. This concept involves rewarding players with financial incentives to play and grow their levels in games. Some blockchain games allow gamers to earn a full-time income as they engage in the games.
Additionally, in the GameFi ecosystem, everything is simpler: you just need to play and receive bonuses. Some gaming projects require you to invest some of your cryptos to start a gaming activity.
For example, some blockchain games reward players for completing in-game tasks while others may enable revenue generation from the various assets a player owns.
Axie Infinity project is a great example. Developers of this blockchain game managed to earn $800 million in one month, according to the DappRadar portal.
Finally, this and several other branches of blockchain and the crypto world generally will be touched on. Registration is ongoing on the official website.
Number of Attendees: 500+
Ticket Prices: TBA
Participants, Speakers, Panelists: Top crypto developers as well as CEOs and creators
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