How Blockchain is Taking Gaming to a Whole New Level

Blockchain is already being considered for use in several key sectors. However, there is one sector that has a natural symbiotic connection with blockchain technology.

The gaming business is a $100 billion sector that has the potential to accelerate the widespread adoption of blockchain technology; whilst blockchain technology has the potential to take gaming to new heights.

Blockchain technology is already becoming extremely popular, mainly down to the introduction of Bitcoin, and blockchain gaming has the potential to become a marvel.

Blockchain emerged as a popular technology a few years ago, with several well-known companies expressing an interest. Dodger Stadium recently hosted its first ever Crypto Bobblehead Night, a first for the Los Angeles Dodgers. A limited time event is now taking place in which Lucid Sight is introducing officially licenced Star Trek ships to the game, which will then be auctioned off as digital treasures.

Fundamentals and the key characteristics of blockchain gaming

Before we move on, allow me to explain the fundamentals of blockchain gaming, as well as its key characteristics.

Decentralisation is a key component of the mechanics of blockchain games, and they use varying degrees of decentralisation. They do this via the tokenisation of gaming and the use of smart contracts, which ensures the complete ownership of digital goods. Blockchain technology also enables cross-game interoperability, player-driven economies and play-to-earn gaming models, to name just a few key benefits.

The following are the primary characteristics of blockchain games:

- Interoperability

- Safety  

- Player-driven economy

- True digital ownership

- Decentralised assets exchange

- Tokens that are not fungible (NFT’s)

The Current State of Gaming

I believe that blockchain gaming, like other blockchain solutions, should be fully evaluated before it can be determined whether it is the future of the field.

The expansion of the blockchain gaming sector must also be evaluated in terms of its potential to interact with and overcome existing obstacles.

In today's gaming sector, the blockchain is already seen as a vital tool. It is a decentralised asset market, capable of verifying the scarcity of virtual products and collectibles, it provides secure payment networks and the ability for developers to appropriately monetise their inventions.

As game assets are as valuable as physical items, the blockchain verifies their origin. For e-sports, establishing native in-game currencies, and driving continuous transactions on decentralised exchanges, blockchain-based digital tokens provide huge payment benefits.

However, blockchain isn't simply another tool for the gaming industry to employ. As a result, many firms are actively developing high-end gaming experiences based on blockchain support.

Blockchain-based games

Some of my favourite blockchain-based games include the following:

● Age of Rust

The player assumes the role of an explorer in this sci-fi adventure game. You go through various locales such as space stations and tunnels. You may earn bitcoin while playing.

This game is fantastic. The best reward for solving riddles and uncovering buried riches is to receive cryptocurrency.

● Reality Clash

Reality Clash, which bills itself as the ‘World's First AR Fighting Game’, puts you in the sweet spot of heightened reality to battle pals and machine AI.

You can protect yourself and travel about your surroundings. Defending local locations like this reminds me of Call of Duty's ‘Hardcore Search’ and ‘Destroy Mode’. The idea is intriguing.

● pixEOS

This game's tagline is ‘Where Gaming and Art Merge’.  This is a genuinely unique title; in that it displays user-created artwork and shares it with the rest of the art community.

This is a step forward, not just for gaming, but also for art and art criticism. It's one of those titles that may help you in a variety of ways. Individuals who were perhaps self-conscious about their work before playing this game, may feel enabled to finally display it.

This has massive growth potential with a gamer-centric decentralised experience. For an added degree of immersion, they will hold contests and artist competitions within the community.

Summary

When blockchain technology is introduced into a new sector or business, the issue is whether it is a risky use of the technology, or a critical move in the right direction. Primarily, in the gaming arena, decentralisation and crypto incentivisation are now leading as arguments for its advancement.

About the Author

Adam Norrie
Founder/Chief Executive Officer

Adam has many years of experience in the crypto industry already and is the creative mind behind Astralis.