The rapid growth of game token quotes, one of the major breakthroughs of the second half of this year in the crypto industry. The driver of the growth was the blockchain game token Axie Infinity, whose rate increased by more than 1,500% in just one quarter, entering the top 50 crypto assets by market capitalization. The word “meta-universe” along with NFT were among the top 10 most quoted words in the world in 2021. What GameFi meta-villages are aiming for and how it will affect society in the future.

The first blockchain-based games appeared back in 2014, when online casinos began accepting payment in BTC. A major milestone in the GameFi industry was the emergence of the startup CryptoKitties in 2017. Players could breed NFT kittens with subsequent sale, and for good money. The project demonstrated: it is now possible to not only spend money while playing, but also to earn money.

Further blockchain proliferation in the gaming industry, without non-interchangeable tokens, was already hard to imagine. Users became owners: of characters, artifacts, and other items. The emergence of private property invariably entails commercial legal relations.

However, the very fact of the emergence of NFT did not become a driver of growth in the GameFi sector. High commissions in the Etherium network significantly hampered the process.