Each of these tokens is a blockchain GameFi or metaverse project. GameFi refers to projects that involve gaming, NFTs, and Decentralized Finance (DeFi). To illustrate just how much Animoca’s two primary holdings, REVV and SAND, have increased in price, Siu explained that their combined monthly trading volume stood just behind the 2020 GDP of Greenland a year ago. The combined trading volume of those two tokens is now comparable to the 2021 GDP of Morocco or Slovakia, roughly $120 billion.