Report post

What are blockchain games?

Blockchain games or more commonly known as crypto/NFT games are games that integrate blockchain technology into their games, typically in the form of having cryptocurrency tokens or NFTs in the game. In most cases, in-game currencies are cryptocurrencies and skins or playable characters are NFTs.

How can blockchain help Game Developers create a decentralized game market?

Since these assets are virtual, game developers could just produce an unlimited amount or rig the market by providing it to certain players. There needs to be transparency and verifiability. Blockchain enables the tokenization of these assets and the creation of decentralized gaming asset markets.

Can blockchain games be a life-changing career?

Play-to-earn games can be life-changing. Blockchain gaming allows players to earn while they play. This is quickly becoming an alternative career for many in developing countries. The Philippines boasts a 20% population adoption of blockchain games and accounts for 40% of the player base in Axie Infinity.

Is blockchain gaming the same as crypto gaming?

While the terms “blockchain gaming” and “crypto gaming” are often used interchangeably, they are (theoretically) not the same thing. Although, in real-world use cases, their domains overlap. Blockchain gaming primarily focuses on the value of decentralization, true ownership, and censorship resistance.

The World's Leading Crypto Trading Platform

Get my welcome gifts