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Why DeFi, GameFi and SocialFi are horizontals in the Metaverse

Published 08/29/2022, 11:12 AM
Updated 08/29/2022, 01:20 PM
Why DeFi, GameFi and SocialFi are horizontals in the Metaverse

We need GameFi, DeFi and SocialFi to create a holistic Metaverse experience. Even with metaverses focusing on one purpose, these elements are essential to ensuring viability and scale.

In essence, a metaverse can scale only if DeFi, GameFi and SocialFi can work together seamlessly. DeFi, in essence, would take care of the financial elements, GameFi the experiential elements and SocialFi the credibility elements for the economic actors.

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