How The Blockchain Improved The Gaming Industries
A few years ago, the gaming industries were following the play-for-fun system. Gamers spend money on buying game consoles and other gaming facilities. There was nothing for gamers except the fun from the games. The gaming industry saw a low number of users then. The introduction of online gaming increased the population of gamers to an extent, but it wasn't that profitable for both the gamers and the gaming industry. The gamers have to pay to play their favorite games.
The entry of blockchain gaming industries into the digital world made it possible for the gaming industry to witness a huge inflow of gamers. This can be attributed to the migration from pay to play to play to earn system. Gamers are thus compensated for the money and effort employed in playing games. This couldn't have been possible without the blockchain.
Many gamers are comfortable with blockchain-based games because of the open nature of the blockchain. There have been reports that the old gaming system especially those that operate the casino games manipulates the gaming system to favor the gaming industry.
Today, the gaming industries have occupied a huge space in the blockchain, and many gaming industries are warming up to join others. The gaming industry today threatens content creation because it has been structured in such a way that gamers receive rewards based on their efforts and strategies employed. In the content creation space, you are not guaranteed huge rewards for your content. Only the content creators with thought-provoking content are the ones that survive the content creation world.
Many gamers have been able to earn huge amounts of money from gaming. Splinterland turned many gamers into millionaires overnight. NFTs are currently being integrated into the gaming industry and this has increased the love for gaming, due to the unique nature of NFTs. People currently make a living from playing games.
In the end, we have the blockchain to thank, because it has removed the restriction of money flow. This is what made it possible for content, artworks, and many other things to be monetized as NFTs. The crypto world has the blockchain to thank for its success today. People wouldn't have been able to move into cryptocurrency if there weren't an open system like blockchain. I see a huge adoption of the blockchain in the coming years and we are lucky to be among the early adopters of the blockchain.
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I'm gamer since the old days when the first personal computer came out. I love the progress, that many games are developed for the blockchain. Not only can you earn money, you own now your in-game assets and you can sell them whenever you want.
That's so awesome
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Via Tenor
Yeah, the gaming world ever since then has enjoyed gaming. I see the gaming world boom in 2022. Thanks for stopping by.
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Block chain games have a lot of potential. Right now they are a little slow and I haven't found one I like yet. The concepts are good but then the graphics and speed are slow. We don't have to develop a lot of software to gamify our blog. I would like to use existing infrastructure to incorporate, gaming, writing and NFTs.
Normally, they are slow as the process is a little bit new. But with time, the speed will be increased. The benefit comes in form of rewards. Play-to-earn games were made more popular through blockchain. Thanks for stopping by buddy
It can be quite addictive.
Lol. Yeah