Extra Life is a fundraising initiative that encourages gamers to play video games for a good cause. Participants raise money for children's hospitals by streaming their gameplay or hosting gaming events. The funds collected go to the Children's Miracle Network Hospitals, which support pediatric healthcare. The event typically takes place annually, with gamers participating on a designated day, often in November. Players can join individually or as part of a team, and they can choose to play any game they like. The goal is to raise awareness and funds to help improve the lives of sick children.