In our rooms, we play games to escape reality and live our fantasies. The gaming sector is experiencing a lot of change thanks to blockchain technology. The Non-Fungible Tokens were the first thing in. The Play to Earn NFT Games concept followed. With NFT gaming marketplaces, well-known game developers are entering this market, signaling the birth of a new gaming generation. What does Web3 and blockchain technology mean for gaming in the future? How can gamers anticipate the future? In the gaming community, this is something that is widely observed.
The new generation of video games
Let's proceed sequentially. NFTs were introduced into the blockchain industry to replace the conventional method of purchasing game assets. After we purchase an NFT, we are free to sell or even rent it. A new creator's economy is being created as a result. Second, the play-to-earn NFT games were the web 3 models. We are rewarded for the effort and time we put into the gaming platform here. As a result, we receive cryptocurrency rewards for every match won or point scored. We can earn money by trading this for fiat currency. The next step is for gaming platforms to become decentralized. Blockchain provides decentralization, allowing players to monitor game governance and future development. Governance tokens enable them to vote on the development and enable governance to make a collective decision, making this possible. This prevents centralized decision-making and delegating control of the game.
Conclusion
Blockchain is the foundation of a lot of games that are being released. There is still a silver lining in this regard, despite the conflicting reactions from gamers and game developers. These platforms are getting a lot of attention from NFT enthusiasts who are interested in them. As they provide them with the opportunity to earn money while playing games, gamers are also gradually turning their attention to them.
No comments yet