GameFi which combines game theory with decentralized finance is close to the announcement of their latest airdrop. It is one of the most trustable projects and has been having a reputation for long term.
In this article, we will take a look into the GameFi ecosystem, and we will go through a step-by-step guide to claim the GAFI airdrop. Also, we will analyse the benefits, eligibility criteria, their trustworthiness, and more.
What is GameFi?
As we all know, blockchain play-to-earn gaming sector is a thriving area that has multimillion users daily. GameFi is one of the early platforms that connected global Web3 gamers together.
GameFi is a multifunctional ecosystem where you can find gamers, streamers, studios, traders, and investors.
They also assist us with game finance tools. One major advantage of GameFi is that it is supported by smart contracts that automatically execute certain tasks when specific conditions are met. So the gamers don’t need the approval of any moderators. They play and get paid in GAFI tokens.
The GAFI Token
GAFI is the native currency of the GameFi ecosystem. All the yield fees of the play-to-earn games are paid with GAFI. It is used as a governance token. Ecosystem fees are paid in GAFI. GAFI can be used as a liquidity support too.
The GAFI token is listed on mainstream exchanges like Binance, Gate.io, Kucoin, CoinEx, and PancakeSwap. Users can stake GAFI tokens for more rewards. Let us take a look at its tokenomics.
GAFI Tokenomics
| Token Ticker | $GAFI |
| Contract Address | 0x89Af13A10b32F1b2f8d1588f93027F69B6F4E27e |
| Total Supply | 14,954,970 GAFI |
| Name | Total | Unlocked | Locked | Description |
| Ecosystem/Community | 24% | – | – | The largest portion is allocated to the ecosystem and community. |
| Liquidity/Marketing | 20% | 20% | – | Liquidity providers already unlocked the whole 20% of the tokens and they have spent a significant amount on marketing. |
| Treasury | 19% | 15.9% | 3.08% | Since it is an old project, only 3.08% of GAFI tokens are left in the locked treasury. |
| Team | 16% | 16% | – | The tokens are allocated to the GameFi team. |
| Private Round | 12% | 12% | – | Private rounds are already over. |
| Advisor/Partner | 5.00% | 5.00% | – | The allocation for partners and advisors was unlocked in the early stages. |
| Seed Round | 2.00% | 2.00% | – | The seed round was on 28th November 2022. |
| Public Sale | 2.00% | 2.00% | – | The public sale happened on 8th September 2022. |
Airdrop Eligibility Criteria
- You must be at least 18 years old.
- Both newcomers and experienced crypto professionals can participate in the airdrop.
- You need to have a minimum amount of BNB for gas fees.
Step-by-Step Guide to Claim the Airdrop
- Visit the GameFi Network Airdrop Page: You can access the airdrop page through GameFi’s official site, or you can get a link from their official Twitter account & Discord community.
- Connect Wallet: Now connect your wallet to sign up. You should use the Binance Smart Chain wallet to connect. After connecting, read and agree to their terms and conditions.
- Sign Up: Click the sign button to accept the signature request. Now you have created your account. Visit your profile and edit details.
- Check Eligibility: Click “Check Eligibility.” If you’re eligible, proceed to the next steps.
- Complete Tasks: There are several gaming tasks available, which are very simple. After completing each task you have to click “Check” to verify. After the system verifies that whether you completed the task or not, you will be able to claim the reward.
- Invite Friends: You can invite your friends to claim more rewards. There are no minimum or maximum criteria here.
- Subscribe to Social Media: Joining social media communities is a mandatory task.
- Join GameFi Group on Telegram.
- Follow the GameFi Channel on Telegram.
- Follow the official GameFi profile on Twitter (X).
- Bonus Tasks: Complete the additional tasks if any.
How to Withdraw?
You can withdraw just by clicking the withdraw button on the site. You can withdraw to your own wallet, or to any centralised exchanges. There is no minimum withdrawal limit. Anyhow you should bear the gas fees in BNB. Remember to keep a minimum amount of BNB.
Is This Airdrop Trustable?
GameFi can no longer be considered a fraudulent project. It is much older and trusted by millions of gamers. GameFi is strongly backed by Icetea Labs, an incubation for soaring projects such as Faraland and Kaby Arena, and DAO Maker, a launchpad for numerous high-profile game projects. Three years ago, Gamefi’s market cap reached an all-time high of 280 million dollars. We expect yet another boom.
Conclusion
This event is another chance to earn one of the most outstanding cryptocurrencies in your wallet. Currently, everything is looking bullish regarding the GameFi ecosystem. The GAFI tokens will be valuable assets to your portfolio.
Anyway, it is important to do your own research. Visit their site, read their whitepaper, and their blogs, and also try to grasp what happened in the last GameFi bear phase. An understanding of the essential precautions is needed before applying to any airdrops. Visit us regularly for more exciting airdrops. Thank you.
Read more: How To Get Mocaverse ($MOCA) Airdrop: Eligibility & Launch Date
