Definition ∞ A GameFi pivot describes a strategic shift by a gaming project to incorporate or prioritize decentralized finance and blockchain elements into its operational model. This involves integrating cryptocurrencies, NFTs, or play-to-earn mechanics more deeply into the game experience. Such a change aims to enhance player ownership and economic participation.
Context ∞ Crypto news frequently reports on GameFi pivots as traditional gaming companies and Web3 projects adapt to market demands and technological advancements. These strategic adjustments often involve redesigning game economies, introducing new tokenomics, or expanding NFT utility. The success of a GameFi pivot can significantly influence a project’s user base and digital asset value.