So, you’ve heard of the blockchain, cryptocurrencies, and NFTs. These buzzwords have been the talk of the town over the past two years, and for good reason: they represent the probable future of the digital world.
One industry that’s set to be changed by all this is gaming. In particular, there is a huge opportunity for the video game industry to be innovated by all the technologies that will be brought forth by cryptocurrencies, blockchain technology, NFTs, and the like.
Of note here is how blockchain technology is poised to make some big changes in how we play video games. From the implementation of NFTs, the push for the play-to-earn genre, and many more, there are simply too many aspects of blockchain gaming that we should be excited about.
That is why, in this article, we will be discussing seven aspects of blockchain gaming that you need to know about!
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Now, without further ado, let us discuss seven different aspects of blockchain gaming that everyone needs to know about. Let us start!
- NFTs will be the name of the game
Yes, if you have heard of crypto, you have probably heard of NFTs. NFTs or Non-Fungible Tokens are basically digital assets that can be bought, sold, or exchanged for real value. This is probably the most obvious way that blockchain gaming has integrated crypto into their games: by making certain aspects of their games NFTs.
One such example of this is games that make use of monsters in their in-game mechanic, making them NFTs. This allows players to buy NFTs, and/or exchange them for real value in the online marketplace.
- It’s a gateway to the metaverse
Another aspect of blockchain gaming is that it will be the gateway for many more casual gamers to the metaverse. What is the metaverse, exactly?
Well, it is the slated evolution of the internet, combining the worldwide web, virtual reality technology, augmented reality, and cryptocurrency, all in one!
- It’s a safe way to spend your money on games
One aspect of blockchain gaming you may not know about is how secure any monetary transaction will be in your games because of blockchain technology.
If you are unfamiliar, blockchain technology basically makes it incredibly hard for would-be criminals to tamper with any of your transaction information when making a purchase. This adds a layer of security that has never before been seen in the gaming space.
- It will diversify the online gaming marketplace
With blockchain gaming and the introduction of NFTs that can be exchanged, there will undoubtedly be a more diverse online gaming marketplace to be had.
This is due in large part to the slew of new items that will be in commerce in the gaming space, because of the implementation of crypto technology such as NFTs and crypto coins.
- It brings a whole new layer for collectors and completionists
One aspect of blockchain gaming that will surely appeal to many gamers is the fact that it will introduce a whole new layer for collectors and completionists. Because NFTs are non-fungible, therefore wholly unique and individual, collecting in-game NFTs will become a new way for collectors and completionists to play their respective games.
Former collectible items that will now be turned into NFTs will be rarer, adding a new dimension to how completionists collect in-game items in their respective video game worlds.
- Many games will be user and gamer-centered
Another aspect of blockchain gaming you need to know about is the fact that it will undoubtedly start a more gamer-centered video game space.
This is because most blockchain games are crowd-sourced in terms of ideas and development, providing an emphasis on what the actual gamers want in the games they play!
- It’s going to take play-to-earn gaming to the next level
Last, but certainly not least, blockchain gaming is poised to take play-to-earn gaming to the next level. Yes, you heard that right: blockchain gaming will allow gamers to make real money while they play video games.
As the genre grows, we will see more and more gamers looking at blockchain gaming as a viable way to make money. It is, perhaps, now only a matter of time.
With that, we have now finished talking about seven aspects of blockchain gaming that everyone needs to know about!