GameFi is the combination of video games and decentralised finance. In-game items and currencies become blockchain tokens that players own in their wallets, trade and sometimes earn.
An NFT, or non-fungible token, is a unique on-chain record of ownership for one specific item. It can stand for digital art, a game asset, an event ticket, a membership or a physical good.
Tokenomics is the economic design of a crypto token. It covers how the token is created, distributed, used, rewarded and removed from supply over time.
Token vesting is a schedule that releases tokens to founders, team members or investors gradually over time rather than all at once. A smart contract usually enforces the schedule.
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