by Coindesk showed that players earned about 4,500 SLP per month\u2014around $800\u2014in that period. This technology has also provided game developers with a new means of earning money. These developers can now generate a market via scarcity for their in-game assets. This is in addition to the royalties these developers can earn off secondary sales of their gaming assets.<\/span><\/p>\nUnlike traditional games, blockchain games allow players full ownership of the items they earn as they play. These items are less susceptible to hacks and loss too. A good example is November 2022, when the servers of Call of Duty Warzone constantly lagged and then crashed. Players lost their in-game achievements including assets earned. These lost items would have been NFTs if this game was built on the blockchain. These NFTs would have ensured that they still existed in player\u2019s wallets.\u00a0<\/span><\/p>\nOwning in-game assets and trading them is one-way players can participate in a game\u2019s economy. A gaming platform that exemplifies this is Sidus Heroes. A futuristic MMORPG game, Sidus Heroes is a good example of a P2E game powered by NFT technology. The platform boasts a holistic player-driven gaming economy where players can own in-game content, opening the doors for trading in-game.<\/span><\/p>\nEarning these NFTs comes at a certain level of competitiveness. This is a constant feature of blockchain. QORPO is revolutionizing eSports by making the sector accessible to everyone on the blockchain. The company\u2019s flagship project, Citizen Conflict, a hero shooter game, is a fast-paced gameplay designed with the robust infrastructure of eSports and powered by the blockchain for the ultimate competitive gaming experience. A game like this empowers players to compete at professional standards and earn rewards while at it.<\/span><\/p>\n<\/p>\n
Building games on the blockchain also improves player security. These games can store the account information of millions of players using encrypted ledgers. This makes them safer than traditional video games that are susceptible to hacks, with high chances of exposing the personal info of players.\u00a0<\/span><\/p>\nFuture of Blockchain Gaming<\/h3>\n
It\u2019s been a thing of surprise for me how the blockchain gaming industry has grown since 2021. Trends like Play-to-Earn (P2E), Move-to-Earn (M2E), Telegram Mini-games, etc have had their time in the sun. Powered by the TON blockchain, mini-games are the trend currently being explored. These apps are being built on top of Telegram, with powerful P2E mechanisms. New trends will continue to emerge regularly in an industry like this. Some key features to look out for in the future of blockchain gaming include:<\/span><\/p>\n\n- Interoperability<\/strong>: Soon, players will seamlessly transfer game assets and collectibles from one game to another. Interoperable blockchain gaming ecosystems would create the ultimate competitive gaming experience.<\/span><\/li>\n
- P2E Models<\/strong>: While this ready exists and continues to gain popularity, I think the model will be doubled down on and improved. Players would be allowed to earn real-world value for their time but this time with an improved feature like interoperability.<\/span><\/li>\n
- Metaverse<\/strong>: An increasing feature of blockchain games is integration with the metaverse. Powered by metaverse technology, these gaming platforms create an immersive virtual environment where players can easily interact and engage in gaming and economic activities.<\/span><\/li>\n
- Regulatory landscape<\/strong>: The more blockchain gaming companies build these games and launch in different countries, the more the navigation of regulatory frameworks and compliance requirements becomes essential. This is especially important to the long-term sustainability of the blockchain gaming ecosystem.\u00a0<\/span><\/li>\n
- Performance and scalability<\/strong>: Addressing scalability challenges<\/span> is a crucial need to ensure the growth of blockchain gaming. This is true for the blockchain gaming scene as it is for the rest of the industry. Today, there are new scaling solutions developed to improve the performance of blockchains, while reducing their costs. Layer-2 and \u2014more recently\u2014 Layer-3 blockchains (built on the foundations of Layer-1 and Layer-2 solutions) are good examples of these scaling solutions.\u00a0<\/span><\/li>\n<\/ul>\n
Final Word<\/h3>\n
The blockchain gaming industry\u2019s future looks promising. Challenges and opportunities will always be a constant feature of the industry\u2014at least until we move past these early stages. I dare say that platforms like Sidus Heroes and QORPO in a decade, will be at the forefront of gaming on the blockchain, and they\u2019ll be remembered as the ones that demonstrated the potential of the technology to transform the gaming sector.<\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
I\u2019ve been actively investing in the blockchain industry for over 7 years now and in that period, I don\u2019t think I\u2019ve come across anyone who knew that the industry would have grown as huge as it has now. In 2009, Bitcoin was introduced to the world, and while the potential was clear, no one thought […]<\/p>\n","protected":false},"author":2,"featured_media":358828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-358824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/358824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=358824"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/358824\/revisions"}],"predecessor-version":[{"id":358830,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/358824\/revisions\/358830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/358828"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=358824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=358824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=358824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}