A crypto gaming guild is a decentralized organization that brings together players, enthusiasts, and game developers within a single community that bands together to play and share resources.

Tokens are digital assets built on top of a blockchain or other distributed ledger technology with various potential case utilities.

GameFi, or “gaming finance,” has exploded in popularity in recent years as the cryptocurrency sector continues to seek new ways to innovate on existing business models through decentralized networks that empower and reward the user instead of intermediaries.

April 20 (Cointime) - Tales of Elleria, an immersive three-dimensional role-playing GameFi project built on Arbitrum One, has experienced an exploit, resulting in a loss of over $280,000 USD. 

The hacker generated his own signature and withdrew a large amount of $ELM in four transactions from the bridge.

Cheelee, the GameFi short video platform well-known for rewarding users for viewing their feeds, has announced the most monumental Community Drop of 2023. Starting from April 17th, every vertical video lover now gets the chance to get on board one of the most promising projects ever launched and take home a share of a $5,000,000-worth pool of CHEEL tokens. The community drop will be run on Zealy platform, so everyone is warmly welcomed to grab a share of the loot.

GameFi is a relatively new concept in the cryptocurrency industry that combines gaming and decentralized finance (DeFi). GameFi tokens are designed to be used within gaming ecosystems and can be earned or traded on decentralized exchanges (DEXs) like other cryptocurrencies.

There are a lot of great things in store for the future of video gaming, and one company that is at the forefront of this revolutionary change is GameFi. Based out of Los Angeles, GameFi is a startup that is focused on developing new technology that will shape the future of gaming. Here are five GameFi projects that are worth keeping an eye on:

CEBG Game, a company focused on redefining the gaming industry in the Web3 space, has successfully raised $3 million in its private round.

Zero-knowledge proofs (ZKPs) have the potential to enable scalable and private payments as well as smart contract platforms.