Gaming with Blockchain Technology: A New Era begins

in LeoFinance2 years ago

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Hello Lions,

If you have invested yourself in the crypto world for a decent time already, there’s a high chance that you also have engaged yourself in any crypto or blockchain-based gaming project as well. In this rising world of digital technology, one of the particular innovations that has gained massive attention is the blockchain. Not only his highly capable technology has been able to capture the interest of corporate giants and tech companies, but also of individuals like you and me due to its unmatched ability to securely manage, scale, and execute data. Well, it's certainly not the first technology to enhance digital processes, but due to its unique scalability and security features, blockchain sets itself apart from other existing technologies. The immutability and transparency offered by a blockchain system ensure that any information that it contains is reliable and tamper-proof, whereas most of the different technologies struggle to be relied on. While its complexity might be hard to grasp for general individuals, many organizations and companies look into it as a promising solution for their endeavors.


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The global gaming industry at the current time is a massive and influential domain with billions of dollars being invested. But as things seem to be turning, this existing industry is now facing huge disruption thanks to the introduction of blockchain technology in the gaming world. This rising transformation is shaking the whole industry by introducing a great environment where gamers are getting paid for their skills. It promises to revolutionize the existing gaming world by benefiting both players and developers. Until the introduction of decentralized technology in this space, it was a dream for gamers to earn for what they love to do. Unless you are an influential gamer on social media with a large fan base, who would love to see you playing games and give your audience entertainment, or you are a professional gamer who wins tournaments on a national or global level, there were no possible way for gamers to earn revenue and live a life playing games. But, that long-seen scenario is changing due to this disruptive revolution. When games are developed on any blockchain system, they inherit certain core functions which include decentralization, transparency, security, and immutability. As I have seen and engaged with a few myself, this rising web3 sector has produced some great gaming projects in the past, and no doubt the landscape of the current gaming industry is undergoing rapid and dynamic changes.


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Unlocking Web3 Gaming Potential

The ongoing revolution of web3 gaming is directly redefining the gaming experience in various ways, not only for gaming companies but also for gamers. This exponential shift in gaming technology has unleashed a new era of learning and exploration and also unlocked the potential for us gamers to earn for what we love to do. Embracing blockchain in gaming not only enhances our gaming experience to a whole new level but also introduces next-generation data management practices. As we all are already experiencing, the concept of "play-to-earn" has gained immense popularity in blockchain gaming by offering players the opportunity to gain monetary value through their gameplay, and no doubt, the term is getting viral globally as we move forward with time. This unique aspect is often missing in procedural games built on traditional web2 platforms. Web3 is changing the way we look at gaming and it's changing the long-made perspective of gaming from a mere hobby to a profession.


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The Evolution of Blockchain Gaming

The existing gaming sector is undergoing a parallel evolution catalyzed by blockchain and the mass is shifting slowly toward the web3 gaming industry as I have personally continued to experience. I am a gamer and playing games for over 2 decades now. The first ever game that I played was road rash on a Pentium 3 pc back in my primary school and witnessed the revolution till now. However, thou I willingly chose gaming as my hobby for a long now and have played hundreds of PC and console games - action, adventure, simulation, racing, and sports you name it. I have played almost all the series of GTA, COD, Battlefield, NFS, Prince Of Persia, Assassin’s Creed, Age of Empires, and the list goes on. But, I never thought in my life that I would see a day when I am earning a decent income for just playing games, but thanks to the crypto world, my dream has finally become a reality. No doubt that the landscape of blockchain gaming is all set for a remarkable transition and what they are doing is already very visible in today’s world. The growing interest among hundreds of thousands of players like you and I is undoubtedly fueling the momentum even more and propelling the blockchain gaming revolution forward at an accelerated speed. Games are onboarding themselves with this rising and disruptive technology and also adopting the latest innovations translates to an enhanced overall gaming experience. Not only does this groundbreaking technology offers a superior experience compared to sticking with outdated mechanisms, but also opens new doors by incentivizing gamers and making gaming s mainstream profession.


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Some examples of Blockchain Gaming

The future of gaming is being written by the web3 companies and they are redefining this industry with many unexplored spaces. For example, let’s see how Splinterlands, one of the pioneers in this web3 industry is doing. Unlike any web2 game, it has paid millions to its players already depending on their skill set, while on the other hand, gamers and investors are also willingly investing millions of dollars in this project. This project is alive and thriving for over 5 years now and made many gamers rich already. I am also an old player in this game and thou I started literally from 0, even I also have a decent collection of NFTs or assets that I build from scratch over the years and am now recognized as a decent player in the game and there are thousands of others like me who have their life changed. There are also some other games that I know of - Axie Infinity, Gods Unchained, Alien Worlds, MOBOX etc throughout different chains but their goal is pretty same, to empower gamers instead of only themselves as the game company. Though this emerging industry is only constructing its first set of stones at the current stage, in a span of 5 or 10 years from now, I can see where this revolution can take us to. I am very optimistic and do believe that web3 gaming is the future and only blockchain / web3 space has the potential to make it possible for us.


I hope you liked reading my post about gaming and blockchain. Please let me know your thoughts and opinions about this topic in the comments below and I will be seeing you all in my next post!

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Definitely like play to earn, I wish I played Lightnite more for BTC when it was a thing. I need to revist the game and see what they are up to...

Haven’t heard of lightnite but i played a couple of other crypto games and really like this new play2earn initiative to empower players. Hope this hoes mainstream soon ❤️

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