This new concept involving the fusion of DeFi and blockchain gaming will revolutionize both industries, principally the gaming one. That conventional business model is known as the play to earn (P2E) model, which provides real monetary incentives arising from in-game activities in terms of cryptocurrencies and non-fungible tokens (NFTs). Popular game and hence, pioneers of GameFi such as Axie Infinity and Decentraland assert how Game can create economic benefits and, in a way, merge digital and actual reality. Robust as these challenges are such as regulatory concern and market fluctuations, there is every indication that the growth of GameFi is something that will massively change the way persons interact digitally and change the course of financial solutions in the future.