1.2 The Market Potential
Play-to-earn has the potential to become a paradigm shifter for the ever-growing gig economy while there is still a huge gap between the DeFi and GameFi world. AFKDAO is at a market position to bridge two major sections of the current blockchain space: GameFi and DeFi • Total market cap of Gamefi projects reaches 23.5bl.
• The DeFi TVL volume reaches 106bl in Q4 2021.
• Total market value of global gig economy reached 207bl in 2019. As the mechanisms of both markets are fundamentally different, we believe many participants from the DeFi market have yet to get involved in the NFT market, which leaves a high growth potential in the NFT market.