How Blockchain Technology Is Transforming Online Gaming Landscape
The advent of blockchain technology has revolutionized and disrupted many industries from finance to transportation, supply chain to healthcare, and many more. Currently, the gaming industry is feeling the disruptive impact of blockchain technology, and it is so beautiful to see. The gaming industry has come a long way from its humble beginning. If you […]
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The concept of digital currency has been in the gaming sector for a while now. If you are used to playing games online or on a mobile phone then you will be familiar with the game coins or special XP points. Whenever you reach a milestone these XP points gets credited, which can be used to buy upgrades. In order to accumulate enough points, you will have to put in a lot of gaming hours. Alternatively, one can buy these achievement points in the form of in-app (or in-game) purchases. In order to make these purchases, one has to pay with fiat currency. There are many online gambling....
Gambling may be no stranger to the blockchain, but poker’s appeal amongst players has only expanded further as poker sites embrace bitcoin and Covid-19 moves gameplay increasingly online. Famed Game Puts Spotlight on Varied Blockchain Use Cases Although online betting and gaming were already widely popular before the emergence of blockchain, as the technology has played a pivotal role in gaming’s ongoing transition. Online poker was one of the earliest games to join the blockchain framework due to the inherent fairness and equity that accompanies distributed ledger technology,....
PRESS RELEASE. Blockchain technology has been referred to as one of the disruptive innovations in the past decade leading to the creation of cryptocurrencies and changing the financial landscape. The gaming sector is the fastest-growing globally, and blockchain technology has been increasingly adopted within games.
ChainWars is one of the GameFi projects that is at the forefront of this new movement that enables gamers to play immersive games and earn income. It is a digital collectible card game that goes beyond the norm. Most in-game assets are minted as non-fungible tokens....
The gaming industry has come a long way from the days of arcades. From Super Mario to Grand Theft Auto, the gaming industry has seen quite a lot of transformation in terms of enhancing the gaming experience. It has made great strides in the last several decades. In fact, the worldwide gaming industry, which was valued at USD 173.70 billion in 2020, is expected to reach USD 314.40 billion by 2026, with a 9.64% CAGR between 2021 and 2026. Most of the credit goes to the advancement in technology. The emergence of virtual reality (VR), artificial intelligence (AI), and augmented reality (AR)....
Blockchain has increasingly and steadily become a choice of technology for many industries and gaming is certainly one of them. Blockchain gaming has brought about a revolution in the gaming world and gave them a real-world value which has led to 1 out of every 4 persons becoming gamers. Blockchain technology in itself has also […]