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GameFi in the Web3 World

Discover the emerging field of Game Finance and learn how gaming can be harnessed to create new business models and opportunities.

449 enrolled on this course

Young man wearing a headset sitting at his desk and playing a game on one of two computer screens.

GameFi in the Web3 World

449 enrolled on this course

  • 5 weeks

  • 3 hours per week

  • Digital certificate when eligible

  • Introductory level

Find out more about how to join this course

Explore GameFi with RMIT University

Game Finance, or GameFi, combines elements of blockchain technology, decentralised finance (DeFi), and gaming to create innovative business models and opportunities.

This five-week course from RMIT University provides a comprehensive overview of developments in GameFi. From the fundamentals of gaming in the era of Web3 to the uses of gaming technology within finance, you’ll gain the knowledge you need to navigate an exciting new financial landscape.

Examine the specificities of Web3 gaming

The course will start with an overview of gaming in Web3. You’ll learn how the latest digital technologies have influenced gaming, and what the advantages of these developments are for both gaming and finance.

You’ll also take a detailed look at two examples of Web3 games, Illuvium and Axie Infinity.

Understand the role of blockchain in gaming and GameFi

In the middle two weeks of the course, you’ll explore a range of cutting-edge digital developments transforming gaming, finance, and GameFi. Almost all of these developments are powered by blockchain.

From smart contracts and NFTs to decentralised finance and DAOs, you’ll cover crucial new technologies and their applications within GameFi.

Look to the future of GameFi in the metaverse and beyond

Once you’ve surveyed the lay of the land in Web3 Game Finance, you’ll begin looking towards the future of the field.

You’ll discuss how GameFi business models could transform our approach to finance, and how the development of the metaverse could revolutionise things again. You’ll also explore the gamification of areas beyond finance, including e-commerce.

Whether you’re an avid gamer or an aspiring finance professional, you’ll finish the course with the expertise you need to become a GameFi pioneer.

Syllabus

  • Week 1

    Web3 Gaming

    • Introduction to the Course

      This section provides an introduction to the course.

    • Introduction to Web3 Games

      In this section, we introduce the concept of Web3 and the exciting world of Web3 gaming.

    • Examples of Web3 Games

      This section examines two examples of Web3 games, Illuvium and Axie Infinity, highlighting the innovative elements they bring to gaming and the underlying technology that enables them.

    • Game Design

      In this section, we explore game design principles and consider why these are just as crucial for GameFi games as they are for traditional video games.

    • Advantages of Web3 Gaming

      In this section, we explore the constraints of Web2 gaming & dive into Web3's transformative potential. Understand digital ownership, liquidity advantages, and see how decentralized communities reshape the gaming paradigm.

    • Week 1 Wrap-Up

      A summary of what we have covered this week

  • Week 2

    Smart Contracts, NFTs, and Applications

    • Introduction to Week 2

      Welcome to Week 2.

    • Smart Contracts

      Explore the concept of smart contracts and delve into their potential to revolutionise gaming by automating transactions, ensuring secure and transparent in-game purchases, and more.

    • NFTs

      In this section, we explore the multifaceted world of NFTs and how they are shaping in-game economies.

    • Week 2 Wrap-Up

      A summary of what we have covered this week.

  • Week 3

    DeFi, DAO, and Applications

    • Introduction to Week 3

      Welcome to Week 3.

    • DeFi

      In this section, we learn about DeFi's role in in-game economies and consider strategies for funding, distribution, and governance.

    • DAOs

      In this section, we explore the world of DAOs and delve into governance via smart contracts, the transparency and member control they offer, and their application in community-driven game development.

    • Week 3 Wrap-Up

      A summary of what we have covered this week.

  • Week 4

    Designing In-Game Economies

    • Introduction to Week 4

      Welcome to Week 4.

    • Value Creation in GameFi

      In this section, we explore the concepts of network effects and the economic flywheel and why they are important for creating value in Web3 game economies.

    • GameFi Business Models

      This section explores two GameFi business models - Play-to-Earn and Move-to-Earn and how each creates value.

    • Week 4 Wrap-Up

      A summary of what we have covered this week.

  • Week 5

    GameFi and the Future

    • Introduction to Week 5

      Welcome to Week 5.

    • Metaverse

      This section explores what the metaverse is and how it can enhance the GameFi experience by creating a more immersive and interactive environment.

    • Esports

      This section explores Web3 applications in Esports.

    • Beyond the World of Gaming

      In this section, we explore how the principles of GameFi can be applied to other fields through gamification, looking at e-commerce as an example.

    • Considerations for Adoption and Use

      This section delves into the principles of privacy and ethics in GameFi.

    • Course Wrap-Up

      In this section, we reflect on what we have learned throughout the course.

When would you like to start?

Start straight away and join a global classroom of learners. If the course hasn’t started yet you’ll see the future date listed below.

  • Available now

Learning on this course

On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

What will you achieve?

By the end of the course, you‘ll be able to...

  • Explore the key terms and components of GameFi in Web3
  • Describe the advantages of Web3 for gaming
  • Evaluate GameFi business models
  • Assess the promise and the challenges of GameFi for a Web3 world

Who is the course for?

This course is designed for anyone interested in learning more about Web3, Game Finance, and the business opportunities offered by both.

To get the most out of this course, learners will need a basic understanding of blockchain technology, and an active interest in gaming, gamification and/or finance.

Who will you learn with?

Hieu Thai received hid PhD in Mathematics in Wayne State University, USA (2020). He works in both industry and academics. His experience includes blockchain, AI, higher education and Edtech.

Tam is Associate Lecturer of Blockchain Enabled Business at RMIT Vietnam. She is an experienced educator & PhD candidate in Industrial Economics. Her current research interest is in Digital Economy.

Dr. Minh Nguyen is a lecturer at Blockchain Enabled Business at RMIT Vietnam. His interest research areas include human behaviours, management, entrepreneurship, cyber security and blockchain topics.

Head of Learning for RMIT Digital3, Stuart is an established university learning and teaching leader, an experienced senior educator, and is an active researcher and advisor in the digital economy.

Who developed the course?

RMIT University

Royal Melbourne Institute of Technology (RMIT) is a global university, with over 80,000 students, specialising in technology, design and enterprise.

  • Established

    1887
  • Location

    Melbourne, Australia
  • World ranking

    Top 210Source: QS World University Rankings 2022

RMIT University Digital3

D3 provides a simple way to work with a single, multi-disciplinary group of experts in a collaborative, innovative educational environment.

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Ways to learn

Choose the best way to learn for you!

Subscribe & save

$349.99 for one year

Automatically renews

Develop skills to further your career

  • Access to this course
  • Access to 1,000+ courses
  • Learn at your own pace
  • Discuss your learning in comments
  • Tests to boost your learning
  • Digital certificate when you're eligible

Cancel for free anytime

Buy this course

$134/one-off payment

Fulfill your current learning need

  • Access to this course
  • Learn at your own pace
  • Discuss your learning in comments
  • Tests to boost your learning
  • Printed and digital certificate when you’re eligible

Limited access

Free

Sample the course materials

  • Access expires 1 Jun 2024

Find out more about certificates, Unlimited or buying a course (Upgrades)

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