GameFi is among the most popular innovations in the crypto space, and games are essentially powering virtual economies. According to data on CoinMarketCap, the top three GameFi projects, Axie Infinity, Decentraland, and The Sandbox have captured a market value of 8.2 billion, 5 billion, and 1.5 billion respectively and CoinMarketCap’s list of all top gaming tokens have a market capitalisation of around 25.5 billion