The beautiful thing about web 3 applications is that they offer users an opportunity to directly earn from usage. One of such developments in the space is blockchain games and unlike traditional gaming where players don't receive a part of the proceeds, these games carry players along.
For a long time, blockchain games have been lagging behind the traditional gaming scene. For what it is worth, it's not even a fair comparison to compare traditional platforms that have been around for a gazillion years before blockchain games even started existing.
For traditional games, emphasis is placed on ensuring the users are supremely entertained, this way you totally forget about the fact that you're paying for it. This is something that blockchain games tend to struggle with.
In recent times though, some blockchain games have been taking steps to break the borders. When you look at games like Splinterlands, Gods Unchained and Aie Infinity, for example, you see games with robust systems, dynamic gameplay features and regular updates that keep players/investors coming back for more.
In the coming years, there will also be games like Psyber X developed by Royal Reptile Studios, that while being blockchain games with the underlying play to earn mechanism, will also be going toe to toe with traditional platforms like HedgeHog studios and the likes.
Games like Psyber X will not only be blockchain games but will also thrive as products that normal gamers can easily get into.
Games like Psyber X will also offer an easy route for people like me in Nigeria to invest in the future of gaming.
You're the boss
When you think about the development and evolution of a game like Call of Duty, for example, it would have been impossible for me to invest in their shares or whatever they call it. Not sure if they're a publicly-traded company, but the point is that it would have been impossible to be an investor.
Blockchain games make it much easier to be both an investor and a player of the game. Through the tokenisation of their shares and assets within the game, people can simply participate in the system and become part owners in the process.
I like using Splinterlands as an example and if you haven't signed up yet, please use my referral link here. The game is thriving and while being a fun game, it has also turned into a movement of sorts.
Splinterlands has a thriving community with mutual interests that all want the success of the project. Each individual has part ownership of the game based on assets, and tokens that are distributed within the game.
This sort of ownership through token and asset distribution is only possible with blockchain technology. This particular feature also ensures that you can benefit from the revenue of the product wherever you are in the world.
Blockchain is inevitable
Blockchain technology has empowered people across borders. It really doesn't matter where you're from, you can be a shareholder and this is the most endearing part for me.
I play video games on platforms that don't even have provisions for my country and the only thing I can think about while playing is how much better it would be if this were on a blockchain.
I have always felt that the gaming community will be the strongest frontier in the adoption of blockchain technology. Things are progressing nicely but we're still not there yet.
In the coming years, I can see blockchain technology absorbing a lot of the traditional gaming platforms. When these companies realise how much easier it is to onboard users and also how they'll be even more successful with a more distributed form of value, they'll be onchain in a flash.
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I also believe that's the future. There is a long road ahead of us but the key thing is that blockchain games keep developing and attracting more people to them. Then the network effect will kick in and before we know it, blockchain gaming will be a mainstream thing.
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I disagree, Blockchain gaming will grow, but is nowhere near replacing even 1% of the traditional gaming market. Crypto gaming and play to earn are almost different markets entirely. Even in 10+ years I doubt crypto gaming will replace 1-2% of the traditional gaming market.
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Nothing is impossible but what if traditional game monetized what will be the future of blockchain gaming
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The only thing that must improve is the game quality. We need to wait a few more years to see the complete transition. Most of the people play NFT games for money (of course it's the main reason), but it would be nice to see games of the quality of COD, Lost Ark and Valorant through the NFT world.
That's the top I'm anxious to see!
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For once, I have to disagree! (This is good - discourse is growth :) )
Specifically about "You're the boss":
Note: I'm a big newbie on Splinterlands and haven't tried other blockchain games, so pardon my ignorance here
1. Does owning the coin grant "choosing power"?
As far as I know, even if you're a HUGE player with giant wins, you don't really get a say in the development of the game itself, do you?
I mean, you could threaten to leave and remove a big player (yourself) from the game if they do things you disagree with, but in theory the same could be said for a professional e-gamer to leave LoL if he doesn't like some change in the game, too.
2. This is technically (but not realistically) a feature in publicly traded companies
Realistically of course, your 10,000$ buy-in (assuming you're THAT invested) won't give you any real say on the direction of the company. Only the board of directors decides that stuff. But in theory if you're a millionaire you could buy up shares of the dev until you get a say.On the contrary, you could in theory become a shareholder in the devs of Call of Duty (cool fact I just learned - turns out that every other CoD game has a different dev - https://callofduty.fandom.com/wiki/List_of_Call_of_Duty_developers).
3. Fan suggestions are not blockchain-speciic
Indie devs especially (but not only) listen to what their fandom says on forums. This is of course entirely dependent on company culture (menacing look at Blizzard), but is a known phenomenon.
So I guess what I mean is - isn't company culture and willingness to listen to fans more important than whether the game is on the blockchain or not?
P.S. Tagging @psyberx because they got an honorable mention in the post :) Which BTW I'm really looking forward to playing!!
SPS is kind of like shares but it puts you on the board to make decisions. With the introduction of SPS, fans/players/investors (basically us) can make proposals that will be voted on.
When you think about it, blockchain gaming is EXACTLY what gamers have been craving for. When you go to forums and shit, you see COD players complaining about one thing or the other. The latest is the riot shield that we just wear at the back for protection. Many players hate it.
If COD was on a blockchain, someone will create a proposal and vote based on their stake to determine the next step.
There's still a very looooooooong road ahead for blockchain gaming but if it eventually proffers solutions for the problems that traditional gaming platforms face, evolution will be the logical action.
Oh, thanks! Splinterlands has at least 3 different "currencies" and it gets very confusing for a beginner to understand what is what.
Ahhh, so you're proposing a stake-based voting economy?
In theory this would be excellent - however, keep in mind that without a clear roadmap and sensible limits (players understandably "want it all" but devs can't deliver the "everything" game) it could turn into mayhem.
What could work is similar to an NGO that I support financially here (they're essentially lobbyists for the 99%).
Every few months, they decide on a range of topics (e.g. poverty vs environment vs worker's rights vs corruption), but with specific goals in mind and all members vote (albeit there you get 1 vote no matter your financial contribution). https://en.wikipedia.org/wiki/Lobby_99
Depending on how they set up their voting system, they will either only fight for the top voted issue (say early on when they only had the manpower to deal with one issue at a time), divide their work up over the top 3 issues according to the % of votes given to each, etc etc