Let’s be clear, the Gaming world is growing. There was a time in which games were for kids and adults would frown upon seeing their children with their heads stuck on a Gameboy screen all day long.
Hell, I remember when my own parents would forbib me from playing with my NES for more than half na hour, that was how bad it was.
When you look at it now, you can clearly see things have changed. Parents give their children the latest Playstation and when the kids are asleep it’s the father who plays on it for hours on end.
Gaming is widespread, it is a huge industry and it moves tons of cash.
Crypto does too, and when we think about Crypto adopters, we can clearly see that they’re the tech savvy bunch, and that this demographic is also a market that plays games, or at least used to (I was a gamer before Steem, but I rarely play now, STEEMIT is even more addicting)
This post will talk about the union of these three titans!
The Gaming World is Growing: And They Sure Love Points!
As mentioned in the last paragraph and in the big header above, gamers are multiplying, and the fact is that gamers are highly competitive and most of them are success oriented people – they just don’t know it yet.
This justifies the absolute virality of the “Incremental” or “Idle” style games where the only gaming mechanism is to accrue points.
Gamers are highly creative and can grind in their favorite game for hours on end with discipline. If they find something they equally like doing, they can be the most hardworking individuals on the face of the Earth – they mostly don’t find it, because we all know it is hard to find our one true calling and it requires work and introspection… but imagine if they did!
The crypto world is a perfect match for the gaming world, as tokens are like points, but they are worth money.
In the traditional gaming industry, all of the profit from microtransactions, account selling, power leveling and all of those marketplace mechanics go to a centralized institution… but imagine if the power of the game’s market was open and decentralized.
Imagine all those top dogs in games scoring huge amounts of tokens…
How Entertainment is Changing: The Web 1.0 vs The Web 2.0 Happens Again
We in the Marketing World make a clear distinction from Web 1.0 to Web 2.0. When we were living in the web 1.0, the user was merely enjoying content in the Internet. Only a select group of individuals were creating it.
After the initial .com bubble burst, things started to change, blogging platforms appeared, new apps where people could share things appeared and we noticed the shift towards Web 2.0 where users were creating content as well.
What happened was the Internet openned up to the general public along with its benefits. Entertainment will experience this shift as well. The entertainment world will open up and share its benefits with their users through the use of Crypto Economies built in their decentralized or in some cases centralized platforms (though decentralized is always better). Those users, gamers, can capitalize on that change.
- That’s you and me pal!
Crypto Currencies, blockchain, decentralized economies, this new tangle thing and all the new emerging technologies that will pop up with time will potentialize this, wealth and abundance will flow the market in all different forms and niches, and gaming will be no different.
It’s going to be the prosperous “Age of Aquarius” Nostradamus speaks of.
How the Crypto Industry Fits in All This:
Crypto is what will empower economies. Opposed to what most people think – that there is going to be one Crypto that will be the “future cash”, different tokens will exist for different economies, and there will be a few tokens that will help people convert between them and work as a stable crypto much like tether and bitUSD.
This means that different communities, including Game communities, will have their own crypto tokens.
Imagine playing The Elder Scrolls X Online, becoming a beast at it, creating businesses that other people flock to, like Taverns, training areas and all that, getting paid in Imperial Septims and being able to pay rent with that money.
This is the future of the gaming industry.
Imagine playing Counter Strike: World War III and being able to collect points for certain achievements, or getting crypto in a faucet style way, being able to cash that out after some time or a certain payout.
Heck, who needs a payout?
AND REMEMBER: It will all be Virtual Reality too, so there will be a HUGE Economy in most good multiplayer games as different kinds of business and venues abound.
Gold Mining ICO: Mine Gold in Games, Profit in Real Life
Continuing the last chain of thought, you can then collect gold in games and get it in real life. More than that, and thanks to everything being in Virtual Reality, the businesses there give you a lot of chances to capitalize on your success, reinvest into the community and get a return on it.
For instances, consider The Elders Scrolls Online – the current one.
Getting inside a Tavern, sitting and ordering food is a blad experience. You are there, you sit, enjoy a little of time with a friend who is maybe AFK and then go back to grinding.
Enter Virtual Reality and you’ll be having the time of your life in a tavern, complete with music, the full on experience of being in a BEAUTIFUL Medieval Fantasy Themed Tavern, you’ll FEEL the experience, and you damn right can bet all of that is a new business model.
I just can’t wait to live in those days, I mean, current VR is mindboggling already – it’s just SO good that it can really give you a hint of things that are to come, and that includes a thriving new Entertainment and Gaming economy full of new experiences and way to capitalize on them.
Heck, you can even rent a room in an Inn and go all adult mode with your real world partner at some point if you feel a little naughty – lots of business models will be available if you get the drill.
A Dream to the Stacking Community:
I can imagine that everyone from the #steemsilvergold tag and all of the stacking community in Steem would have a blast mining for virtual gold while increasing their real-life stacks.
I can envision many resource gathering games having a thriving economy where all resources are traded, some with prices superior to their real-world counterparts.
I can also see users spending a lot of money building their virtual treasuries up and investing in their own virtual home, sometimes even more than they do invest in their real-life houses or bank accounts as well.
What’s virtual and what is real will have a whole different meaning.
Heck, one day I’ll invest into creating my own ICO:
So, have you liked this post?
I really did enjoy writing about it and translating to words everything I envision. Thinking about it, there are a lot of great hidden ideas in this post, so maybe I’ll even go as far as creating my own token and ICO along with a team of like-minded invidivuals.
I really think the entertainment industry has a lot of potential when you consider its evolution to the “digital” and “virtual” age and ally cryptocurrency into the mix.
This is definitely a world I would have a blast living in…
Cheers!
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I had some of these ideas myself. As yourself, I'm coming from a gaming background too, and getting into the crypto wold right now, I can see how games will be a widespread source of income in the times to come.
And it's true, if gamers would be able to shift their Focus of Attention to some other activity that they would enjoy equally, I have no doubts that they will become the best at that in no time. That's how Focused we are when we Love doing something, when we get imersed into doing it.
Great post @SpiritualMax! Enjoyed contemplating your vision about Crypto, Gaming, and the future soon to be. Thank you :)
Thanks... yeah I think many of us come from a gaming background.
Cryptocurrency attracts us because we are used to dealing with it at all times while in-game. Especially games with micro-transactions and all that - even though I never bought I already sold in-game currency (had a skinning farm in WoW).
Cheers
Really awesome post @spiritualmax super exciting! My son is such a gamer. He loves the likes of counterstrike. I am trying to encourage him to try out steem. I like how you connect it with the gaming world. Games have never felt real enough for me to take time to get into. But, steemit, steem -- crypto and blockchain is changing that! Cool beans Max ❤ Thanks for the awesome share!!
Glad you liked it @yogajill
Your son will come around, he just needs a poke from the masses :P
As far as gaming being real, I have a VR headset and trust me, it is pretty real and will only get better :D
I also remember the days where my parents would preach about my daily handheld gameboy color use. The smartphone is essentially the new handheld device, and every kid I see walking down the street has one in their hand.
Crypto is essentially a giant gaming network, I agree. We're all in it for "points", to some extent; although I'm not dismissing the fact that we do it out of joy as well. You make some good points in the potential of the future economy. I have also thought that there will be one crypto that acts as cash, despite what many speculate.
Funny point about the "all adult mode" potential. I enjoyed your article, and am following you in anticipation of enjoying future articles!
Thank you for the follow Herbert! I'm glad to have you aboard as blogging is nothing if there is noone to read.
Thanks for the comment, I appreciate it and it helps fuel the discussion.
Cheers!
The name of the current game is called steemit. I'd say we're doing alright ;)
I thought the virtual world currency already existed, and was called "a second life". Centralized currency, sure but I think people exchange it (I am not sure if this is true or not), so.... Way ahead of it's time? Haha...
It was called Linden Dollars, and they were my first source of Internet Income.. I had a mall in Second Life and rented out shops.
Cheers
you as before think about the right topics, the virtual world has become really huge in the aftermath of the time, in terms of user involvement .. Every year, more and more technologies are developing related to the gaming industry. Points of virtual reality are only the first step, when they can be combined with a neurointerface - we will see a breakthrough. I think this is an emerging industry that deserves attention.
Good article:)
It does deserve attention simply because it will change every possible industry, health, automotive, sport, entertainment etc...
Thank you for the comment Frankie.
thanks your post its very intersting
You're Welcome.
need coin for play and pay, upvote
We all need it...
:)
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