Can Blockchain Games Win Over Traditional Players?
Web 2.0 games or traditional games have long been the only form of entertainment in the gaming space. Popularized with the development of computers in the 80s, and the internet at the turn of the century, traditional video games available through PC, consoles, mobile phone, and other venues have amassed billions of users worldwide. Fast […]
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Play-to-earn games are simply games that offer rewards to players, but Xbox executives are now intrigued by the metaverse. They are entirely dissimilar to the traditional video games most people are familiar with. Every play-to-earn game provides a unique reward to players for the time spent during in-game activity. But traditional gamers don’t earn real-world […]
With the gaming industry continuing to grow in size and value, some companies are looking into building games around Blockchain to take advantage of cryptocurrencies, tokens, and their benefits. Whether it might be a trading card game, MMO or RPG, the use of virtual currencies in games is getting popular. Blockchain-backed assets. In recent years, games have entered the markets using Blockchain features such as wallets or tokens to secure and back in-game items. This way players have more ownership of the items or currency they loot and purchase. With a Blockchain record, players are....
The emergence of blockchain games has flipped the gaming industry, putting players in charge of the decisions rather than developers. Their rise has been exponential, with over 398 active blockchain games currently floating in the market. The industry’s influence has risen to the point that it now accounts for 52% of all blockchain activity. The new entertainment facilitates NFT creation, trading, and ownership capabilities. Blockchain games give players complete ownership of their in-game assets while also allowing them to use those assets outside the games. Axie Infinity, for....
The rise of blockchain technology has led to a paradigm shift in the gaming industry. Non-Fungible Tokens(NFTs) and cryptocurrencies allow for Play-to-Earn mechanics that let players earn revenue through in-game activity, turning the traditional Pay-to-Play model on its head. The King is dead, long live the King! Play-to-Earn games are one type of blockchain game in which players earn unique NFTs through in-game advancement. In blockchain gaming, players have complete control over their digital assets. In traditional games, the player may lose access to their collectible items if the....
NFTs are all the rage today. Among their multiple use cases, NFTs in games are one of the most popular utilities. Various industries, including games, music, sports, and more, are using NFTs for a wide range of purposes. NFTs can potentially change how users interact with each other within or outside the gaming world. Let’s find out how the top projects in the blockchain industry are leveraging NFTs and more about the Nine Chronicles NFT project. How is the Gaming Industry using NFTs? Game NFTs have multiple use cases. For one, they help ascertain ownership of in-game assets. This....