Since its inception, blockchain has been quite popular in the market as of yet. And, honestly, it has the potential to grow even more and grasp the world market unilaterally.
I mean, take the universe of gaming as an example here. At first, developers were extremely sceptical about using Cryptocurrency in their games. And, they blamed it on the instability of the blockchain technology entirely. However…
The scenario has changed entirely now.
As of 2022, there are more than 20 different blockchain games available in the market. And, each of them ooze a different sense of gameplay and content.
And, the way the market is increasing, you can bet that this whole scene will grow even more in the upcoming decade. Keep reading to know more in this context.
What Is Blockchain Gaming?
A blockchain game is a piece of software program that’s been created in an ecosystem made of the titular technology. So, it will help you enjoy a much stabler and agile experience when it comes to gaming. Besides, your account will also be much more secure than before.
And, there’s another thing to consider.
Like a centralised game, a blockchain title will also let you buy in-game currency to progress a little quicker. However, for that, you’ll need to create an account on a trading platform, such as the bitcoin billionaire. This way, you can sell the accumulated Crypto as you please too.
The Features Of The Blockchain Games
Unlike the conventional, centralised games – the blockchain-based ones come with loads of different features. The following are a few of them –
The P2E Design.
Unlike most games currently available in the market, most blockchain titles generally follow a P2E design. Meaning, if you play the game properly and complete the required quests, you will be able to earn Cryptocurrency and NFTs from them.
For example, Axie Infinity is a game where you have to collect Pokemon-like characters and battle with others. And, the more you win, the higher your coin accumulation will be. Now, if you want, you can use them to buy an in-game item or trade it with someone else.
Higher Security Level.
Most smartphone-based games will ask you to connect to the Google Play Games (if you are using an android device). While it’s an excellent option in terms of saving your data, it can’t save everything in case you delete your account.
However, this issue is non-existent when it comes to blockchain gaming. In this aspect, when you create an account, it’ll forever be engraved as a block in the ecosystem. Thus, even if you delete your game, the data will still be there when you decide to return again.
Real-Life Value.
The in-game currency of a traditional game doesn’t have any kind of real-life value at all. It can only be used to buy some stuff from the game, and that’s that basically.
But, the same cannot be said against a blockchain-based game.
Almost every game out there comes with some sort of Cryptocurrency as their in-game cash. They also come with some sort of value of their own.
Therefore, you can trade them to buy something in real life or get some money by selling it. You can also use a platform like Bitcoin Billionaire to do so.
FAQs – Frequently Asked Questions
In this section, we’ll focus on something that’s related to the titular topic but we’ve not talked about them till now. So, let’s get started, then.
What Are The Elements Of A Blockchain System?
The core element of a blockchain system is the nodes. They tend to come in two forms – full and partial. Apart from this, ledger, hash, and wallets are some of the common elements of it.
What Are Blockchain Games?
As mentioned before, blockchain games are something that’s created on a blockchain-based ecosystem. Hence, they tend to have a higher security level and better gameplay sequences.
The Bottom Line!
So, there you go. Hopefully, we have shared as much information as you were looking for in this article. But, if we’ve missed out on something, we’ll ask you to let us know about it. It’ll help us learn more about the mistakes we make and provide the correct data for you.