Gaming industry draws many to Blockchain

Introduction

Gaming industry definitely leads the way to mass adoption of blockchain because of the benefits attached to adoption of blockchain, gaming industry is one of the big industries that makes lots of money on yearly basis because they attract both children and adults.

As we all know gaming can be addictive even on web2 where there is no single incentive that comes from gaming but we still see millions of people spend their resources and time gaming on web2 platforms, now think about what it will look like when you as a gamer gets to know that you won't just enjoy your game rather you can gain tokens as you play your game, there will be no hindrance on any game site, that is the reason why there is much rush in game industries that adopt blockchain and this in effect increases the adoption of blockchain.

Physiologist said that the benefits of gaming tho addictive is that it makes one thing deeper it makes you a critical thinker and helps to create a strategic mind especially when the game gets to deeper levels, though that's by the way.

Let's focus on connection between gaming and blockchain.

Blockchain makes digital assets part of gaming, as a gamer plays game he wins nft that can give him cool cash or help him build his digital wallet, just imagine pain your bills with the nfts you won while playing game with your device or PC.

Currently there are so many games on telegram that are blockchain based and they have promising future of airdrops and those games are quite attractive, millions of people have subscribed to this game channels.

For example hamster kombat have gained over 33.5 million subscribers, is that not really massive?
Also yescoin have also gained 6 million subscribers.
All these games are built on blockchain and people are trooping in.

) Screenshot from my telegram page

Adoption benefits both Gaming industry and Blockchain

Both blockchain communities and game industries benefit from this mass adoption now and in the future because mass adoption of Blockchain adds value to cryptocurrency especially for newly created cryptocurrency and New digital assets it also improves gamers and gaming industries.

As gamers are tempted to play more because of the promised incentives, game developers gain a lot because it's creates other opportunities as they will sell the nfts to other platforms and more investors In the crypto market and that is success in business.

Not that all transactions happens in the blockchain both the resell and the gamers selling their nfts and as gamers experience fast transaction with less transaction fees, that attract more gamers and also paves way from mass adoption.

Web2 sometimes frustrate gamers before they can gain anything if I saw there is something to gain, sometimes you will even be surprised when some account will be suspended for no tangible reason but blockchain offers a decentralized setting so conducive that a gamer will have nothing to worry about when it comes to his data information and the game account itself, everything is transparent, secured even when smart contract automates transactions in the blockchain it's visible for gamers to see.

As game developers create new tokens with different standard! that helps to bring more development to the blockchain ecosystem and even blockchain miners get rewarded for all the gaming activities that happens in the blockchain.

A gamer become more comfortable when he realizes that is asset are safe and secured and that he really owns those assets and can aswell trade with those token in any platform of his choice, that drives more adoption.

Role of Blockchain on metaverse

Metaverse is like a virtual reality so blockchain acts like a medium for interactions and exchange, and where users can conduct their business so it can be said that nfts creates economic foundation for metaverse, that is why you see large tech companies investing more on metaverse development and that in effect drives mass adoption of blockchain.

Collaboration is the key.

Yes the gaming industries and blockchain communities will need to collaborate that means working together to build a unique standard that will secure the site and make games easy to understand because complexity can hinder adoption, so there is need for partnership between gaming industries and blockchain communities.

The interesting part is that gaming industries adopting blockchain has a broader impact on the world economy because as people game and make money it will enhance financial stability of any country.

Conclusion.

The future will be so promising for both gaming industries and blockchain community, though there are some challenges because some might find it difficult to understand how nfts and other features works on Blockchain gaming, some may find it difficult to understand what digital wallet is all about, also huge adoption can also cause Scalability challenge.

Collaboration between gaming industries and blockchain community will help to make headway.

Reference
Reference
Picture edited from pixabay

Posted Using InLeo Alpha



0
0
0.000
3 comments
avatar

playing web 3 games is really beneficial, currently am playing hamster Kombat and am really gaining, let's hope they'd launch soon.

0
0
0.000
avatar

Recent stats show that gaming is onboarding more new users than any other sector. And its also retaining more. I feel that it will lead the drive for mass adoption. A lot of tap-to-earn games in the space right now and users seem to love it. Blockchain is bringing real rewards to gamers and a way to own gaming assets without censorship. I hope a lot more value is brought to the gaming industry through blockchain and the future is bright.

0
0
0.000