Blockchain has been disrupting industries for the better — including the gaming industry. Blockchain games have been on the rise since the inception of decentralised apps (dApps).
Below, we take a look at three major reasons blockchain games are gaining such a big fanbase.
Blockchain games can be cheap
How much does it cost to buy a brand new video game? In the UK, it usually costs around £50, if not more. While the quality of video games are undoubtedly improving, the price is rising alongside it.
Blockchain games are significantly cheaper than video games built for PC, Xbox or PlayStation. One example of this is blockchain.poker. The lowest buy-in is only 500 satoshis. A satoshi is the lowest value of Bitcoin – a bit like the pence to the pound. If you’re a poker fan but don’t fancy splashing the big bucks at professional tables, then look no further than playing poker on the blockchain.
Not every game will be as cheap to play as blockchain poker but it is just one of the many games built with blockchain technology that is available to you. If you want to discover more cheap blockchain games head over to dapprader.com.
Gamers can support their favourite crypto project
Another reason why fans love blockchain games is because gameplay allows users to support their favourite projects.
Tron Arcade, for example, have released a number of gaming titles on the dApp marketplace. Since these types of games are built on the blockchain they also feature support for the native cryptocurrency. If you are a fan of Tron and are playing a Tron Arcade title then you will be able to earn and spend TRX Tron’s native cryptocurrency.
One example of this is 0xGames partnership with Tron Arcade to release 0xWarriors.
0xWarriors players are able to compete in tournaments and if they are successful then they will win TRX. By playing these games you’re also helping to support the ecosystem. This is because for certain crypto projects, the native token will be used as gas to fuel the ecosystem.
Gamers get greater digital ownership
Micro-transactions have become a norm — for better or worse. Fortnite is a classic and timeless example of this. It’s free to play, yet riddled with in-game purchases.
Role playing games (RPGs) centre on the player creating their own character and accessorising them with the best items. If a player owns that item they could sell it to another player – thereby creating a market created and owned by the player.
Blockchain games can enable this transaction to happen in a decentralised manner – otherwise known as peer-to-peer trading. This will take the monopoly of in-game items away from centralised game developers and back into the hands of the consumer.
This point is further supplemented by non-fungible tokens (NFTs). A NFT is a unique token which isn’t interchangeable. This helps create digital scarcity. An in-game item can be a NFT.
Since you cannot exchange an NFT for fiat (national currency i.e. the pound) it will become incredibly valuable on the in-game marketplace. This creates an incentive for players to earn items and trade with other players thereby fuelling the peer-to-peer aspect of blockchain games.
Truthfully blockchain games have a long way to go before they match the power, graphics and overall quality of video games — but that doesn’t stop them being cheap and cheerful.
You can support your favourite crypto projects for relatively little money and limit the impact of centralisation in the gaming market too.
Interested in hearing more about blockchain games? Discover how MixMarvel’s EpicDragons rose to second place on the dApp market after just one weekend.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.