Blockchain Game – Definition , goals , Working And Future of Blockchain Gaming
Blockchain Game – Definition , goals , Working And Future of Blockchain Gaming

Blockchain Game

Blockchain is the basis of cryptocurrency. Nature provides crypto with an ecosystem that will thrive. Simply put, blockchain is a shared, immutable ledger that tracks and controls the process of tracking transactions and managing assets.

In blockchain, assets can be tangible and intangible. The blockchain system runs on advanced and secure encryption technology that increases user security, anonymity and more.

Blockchain not only takes into account cryptocurrency but also NFT. NFT or non-fungible tokens are new in the market. 2022 was his best year, reaching a total of over $2.5 billion. That’s a 150% increase from 2021.

Blockchain for games

As the name suggests, blockchain games is a term to describe games that are hosted and run on blockchains like Ethereum. Blockchain games are distributed through open source programs and allow players to own their game assets in the form of NFTs that are traded and traded using user cryptocurrency wallets. The introduction of NFT as a valuable asset is different from the “soft gold” you can encounter in many other mobile, PC or console games.

As blockchain games evolve, so do they. These games are for those who trade wealth in them. Blockchain players form a cooperative model; they own the game by being involved in it instead of just being “owned” by the developers.

Blockchain games took off shortly after the first cryptocurrency was introduced in 2009. Since then, the choice of platforms, game titles, and cryptocurrencies to play has expanded significantly, now attracting a large audience. Blockchain games allow for different types of games and better returns. Crypto Casinos are the first step in promoting blockchain for gaming. Next is NFT, which changes and improves the active industry.

2021 and 2022 have been busy years for crypto, with thousands of coins hitting the market. There are more than 19,000 cryptocurrencies currently in the market, but only a few have made a name for themselves.

Blockchain game goals

In these high-stakes games, the goal is to make the foundation of the blockchain invisible. Instead, the player will get a AAA gaming experience. Web3 technology will work in the background to enable important features and enhance the gaming experience. The first project to achieve this seamless connection of high-end games and blockchain features will be an important step in the history of the video game industry. They will give the players a truly unique experience.

This new experience is clear from the beginning of the Web3 project, as the nature of the technology allows the community to participate in the evolution of the game. Through voting on in-game development, graphics tools, game features and innovations, community members have the opportunity to participate in various aspects of the game before launch. With its equality and community ethics, blockchain enables game developers to open up game travel in their communities, changing the relationship between games and traditional theaters.

How can blockchain be used for gaming

There are many blockchain use cases worth considering.

NFT


NFT was created in the early days of the blockchain game and continues to play a very important role today, so much so that even some traditional game companies are now trying to jump on the NFT bandwagon. You can think of NFTs as a type of asset from the real world or digital space. These powers can range from art to music. In gaming, these are often in-game decorations such as skins or in-game items that players can purchase and own, even outside of the game. The owner of the NFT has full control of the asset, which has real financial value and can be sold or exchanged for cash.


play to win

The system of games to win in blockchain games encourages players to participate in games to earn rewards in the form of cryptocurrency. Not only can they buy NFT, as in the previous example, but players can also create assets in the game, for example, the player gets his hands on something valuable ‘playing games. It can be a skin, a map or a virtual landscape. As the player continues to play, their chances of collecting resources increase, as well as the chances of increasing their profits. These assets can be sold for cryptocurrency or real money.

Some of the hit games of this genre include Axie Infinity, Gods Unchained, and Thetan Arena to name a few. 

Game Economy token

Blockchain technology helps create a new type of game economy, where games based on blockchain can have their own fungible tokens. These tokens are in-game currency that can be exchanged in-game but can also be obtained from sources such as crypto exchanges. This avoids reliance on in-game purchases and allows everyone to purchase in-game currency.

By using blockchain in games, game assets belong to players rather than game publishers. They can be sold on the open market for cryptocurrency fiat money, spending the game time.

The scope of Blockchain technology in gaming

Blockchain Gaming


Complexity

The difficulty of playing crypto games is not in their story but in the gameplay, to start the game, the player needs to create a user account which is a simple step. Then, depending on the type of Blockchain game, the player has to set up a crypto wallet and buy some crypto currency, which makes it a very difficult task.

Competition

The gambling industry is very competitive, and new games and platforms are released all the time. This can make it difficult for blockchain-based games to compete with traditional games.

There are many Blockchain games built in the industry. Now that you know the advantages and disadvantages of Blockchain, let us give clear examples of the best Blockchain games.

A perfect example of a Blockchain game

CryptoKitties

Launched in November 2017, it is one of the world’s first attempts to launch a blockchain-based game. Now, it has become one of the most popular games built on Ethereum. The main goal of the game is to create a new generation of kittens with special characteristics to increase their value.

Players can buy their kittens from the open market or store them until they are useful. Each cat’s genetic makeup represents different characteristics such as fur, eye shape, mouth shape, color and speed.

FIFAcoins4 market

FIFAcoins4sale is an online store that allows users to buy and sell coins for FIFA, the popular video game. The website uses a point of sale that will allow users to buy FIFA coins without worrying about fraud or fraud.

Gods Unchained

Gods Unchained is a collectible card game that uses Ethereum to track card ownership. Gods Unchained cards are digital assets that cannot be copied or modified without the owner’s permission, making them unique and valuable. Gods Unchained cards can also be traded directly between non-in-game players, and are stored on the Ethereum blockchain, thus protecting them from unauthorized access. – run.

Decentraland

Decentraland is a virtual reality platform that uses blockchain technology to create a decentralized virtual world. The platform allows users to create, experience and invest in content and applications. In the virtual space of Decentraland, users are allowed to browse, explore and buy various resources owned by other users. They can also pay to play games, go on field trips, join clubs, and try different experiences that builders around the world can only dream of.

Blockchain Gaming Future

It’s no secret that gaming and gambling dApps can be found everywhere on smart contract platforms like EOS and Ethereum.

Fun games are a natural way to engage new users in your short-term project, and development games can be created faster and faster than some more limited projects such as cryptography-based social media. social media website. However, at the moment, most of the games that are created on the blockchain are very simple and very controlled from simple games of chance like Dice, FOMO games, and free games like EOS Knights. Legendary Games, a company composed of employees from a large game development company, has announced that it will release a full-fledged game called Blankos Block Party in 2019, Ethereum also has its own card game known as God Name Unchained . . Although such large-scale projects are still small, let’s analyze what blockchain-based games say about the possible future of blockchain in games.

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