Traditional gaming is moving to the blockchain, and in more ways than one.
The gaming industry is about to explode, and here is why:
- The gaming industry is growing FAST. The number of gamers sits at 3.24 billion per a recent report from Statista.
- Blockchains make it possible for gaming economies to form organically. By adopting a Play-To-Earn model, the economy itself is wired to go viral. Blockchains can make this process more seamless. And as a plus, blockchains are borderless.
- Public blockchains are open to all and permissionless. Users with a cell phone and an internet connection are welcome to participate.
- Open protocols collapse and compress the cost of existing technologies.
- Economic difficulties and opportunities could make Play-To-Earn a real job. With increasing inflation across the US and the world, millions are looking to start side jobs to increase their income. 4.4 million in the US alone outright quit their jobs.
Looking into the boom in blockchain gaming that is entering the Metaverse, there are some games I would keep an eye on, such as Alien Worlds and CoinFantasy.
What, in your opinion, has to happen for blockchain games to become more popular and draw more players than ever before? Do you believe that blockchain gaming's potential lies in the metaverse?
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