The blockchain game is a video game. And it uses cryptography-based blockchain technology. Not only that, blockchain elements in these games are often based on the use of cryptocurrency NFT. As a result, players can buy, sell, or trade with other players. However, game publishers take a free from daily transactions as a result of monetization. Check How to Blockchain Gaming on Boom in 2022 Compare to 2021.
In some cases, players in blockchain games earn enough to cover their living expenses. Therefore, this blockchain game is also called play to earn the game. Blockchain games became available in 2017. But the games have only attracted the attention of the video game industry since 2021.
How to Blockchain Gaming on Boom in 2022 Compare to 2021
Before, if you played games, you would only play games, there would be no income for you. Now blockchain is on the same line as gaming. As a result, a new opportunity has been created for the industry.
On the one hand, unlike traditional highly centralized games, all game developers control resources and currency. Blockchain games, on the other hand, are decentralized. The goal of blockchain games is to spread the game’s wealth among the players.
And the value of these resources you get out of the game. The game contains cryptocurrency and NFT. These two things are used to buy in-game assets. Among these, you can exchange cryptocurrencies for real-life money.
That means if you earn NFT prizes from the game, you gain ownership of those assets outside of the game.
How to Blockchain Gaming on Boom in 2022 Compare to 2021
Blockchain technology is taking the gaming industry by storm. As a result, more game studios and developers are partnering with the blockchain platform. Under these conditions, blockchain gaming platforms around the world are valued at billions of dollars.
People invest there when they see there is a lot of profit. And that’s exactly what’s happening with the blockchain. The world’s largest gaming companies are investing in blockchain gaming platforms. So it is understandable that the blockchain has turned the tide of the gaming industry.
How to Blockchain Gaming on Boom in 2022 Compare to 2021
Although some people have confusion, questions, and uncertainty in their minds. Because many people have misconceptions about blockchain. And those ideas are still a challenge for blockchain. Until proper public awareness is created, blockchain will not be able to fully expand.
So maybe new gaming platforms are emerging more and more. Not only that, but in-game asset ownership, rewards, and income generation potential are also being increased.
And all of this is happening, through the provision of social interaction. Hopefully, blockchain will create a gaming ecosystem and economy in the future.