“Blockchain based Video Games” | Cyberpunk Night City Map| Abhiexo
Video games nowadays are extensively growing. It is an electronic game that can operate on a computer, gaming console, or mobile device. This entertaining and interactive game can be played by yourself or with other people, even if you are far apart. Video games are now more accessible as technology advances, specifically on mobile devices, which have improved the usability of gaming. Even the cellular data is advancing; the previous cellular technology generations (2G to 4G) focused on data speeds, but today the market for mobile gaming is already very substantial, and 5G will expand it even further. Mobile users will be able to display graphics more clearly because of 5G.
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To many, gaming is such a form of hobby to release stress and gain enjoyment, but some see this as an opportunity to turn a gaming hobby into an investment or some sort of income. Although, until now, there haven't even been many options for casual players to profit from their gaming efforts outside of the arena of eSports.
The widespread adoption of blockchain gaming has placed an opportunity on the gaming world, making the gamers get a little return. One trend that should not be ignored is play-to-earn (P2E) cryptocurrency gaming. Before anything else, let’s learn the basics.
What is Blockchain?
A block chain functions as an electronic database for storing data in digital form. In this system, a block contains details on a string of transactions that are recorded in a distributed ledger, therefore a block chain is literally “a chain of blocks.” Each transaction's related information is stored in its own block. There are identifiers for the time, the transfer amount, and the sender and recipient.
In 1982, David Chaum, a cryptographer, published a dissertation titled “Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups,” which included a proposal for a block chain-like protocol. In 1991, Stuart Haber and W. Scott Stornetta described additional work on a chain of blocks that was cryptographically secured. They aimed to put in place a system that would prevent manipulation of document timestamps.
The term “block chain” is frequently used to refer to the core technology that powers crypto currencies such as Ethereum and Bitcoin. From a business viewpoint, it’s important to think about blockchain technology as a new breed of business process for the improvement of software.
Blockchain applied in Games
Using blockchain, gaming firms no longer have complete control over the entire gaming experience, introducing for the first time decentralized and fair virtual markets where players have a meaningful say.
The majority of gaming platforms are centralized, allowing players to only use their in-game currency, or XP, in one particular game. Blockchain games, on the other hand, employ a decentralized paradigm, allowing players to own their game data and utilize it in other blockchain games.
For instance, if a player is winning XP and equipment in one blockchain game, they might decide to transfer their wins to another game when they log out. They could also trade with other players or sell them. You can also look for Cyberpunk night city art map to make you understand the map easily.
How are Blockchain-based Games Profitable?
Users can earn cryptocurrency while playing some blockchain games. The various ways to earn cryptocurrency vary depending on the particular game. The “play-to-earn games” gives away the idea because it is obvious what the games are for. Therefore, you would engage in game play to generate some actual money.
The benefits for players come from farming in-game cash, staking, or creating tradable NFT products. Players had to rely mostly on random selections in some of the previous blockchain-based games in order to make money.
Cryptocurrency
Cryptocurrency, sometimes known as crypto-currency or crypto, refers to any type of virtual or digital currency that uses encryption to protect transactions. A public ledger keeps track of all transactions, including cryptocurrency money transfers. Digital wallets are used to store cryptocurrency.
Through a process known as mining, which employs computer power to solve challenging mathematical problems, units of Bitcoin are created. Additionally, users have the option of purchasing the currencies from dealers, then storing and spending them in digital wallets.
There are many types of cryptocurrencies, such as Bitcoin, which was the first cryptocurrency found in 2009 and is still the most widely traded. Ethereum, a blockchain platform created in 2015, has its own currency called Ether (ETH). After Bitcoin, it is the most widely used cryptocurrency. Litecoin is the cryptocurrency that resembles bitcoin the most, although it has advanced more quickly in the development of new innovations, such as speedier payments and procedures to enable more transactions.
Cryptocurrency payments only exist as digital entries in an online database that describe specific transactions, not as actual physical money that is carried around and exchanged in the real world. Among the most significant benefits of cryptocurrencies are their convenience of use, security, and freedom from restrictions on transactions. As the technology advances, the cryptocurrency will evolve into something more beneficial.
Non-Fungible Tokens (NFT)
NFTs are virtual tokens that stand in for services or goods. They have distinctive metadata that prevents the substitution of one token for another. The blockchain technology that powers cryptocurrency has developed a valid certificate for NFT, a digital asset that symbolizes online assets like music, games, and artwork.
Digital content is currently where NFTs are used most extensively. NFTs fuel a “creator market,” where creators sell ownership of their work to the platforms they use to promote it, boosting the profitability of content providers.
Game makers have shown a lot of interest in NFTs. NFTs can provide players a variety of advantages. Typically, the only thing you can do in an online game is purchase goods for your character. When using NFTs, you can return your investment by selling the items after use.
Augmented Reality NFTs
NFTs for augmented reality have gained a lot of popularity. In addition to virtual reality, augmented reality makes these environments seem more engaging and realistic. The other primary method that blockchain has been applied to augmented reality is through acting as the project’s foundational infrastructure.
As a result, an AR project now has access to all of the benefits that come with blockchain technology, including privacy, decentralization, data integrity, automation, and more.
Top Blockchain based Video Games
1. Axie Infinity
Players in Axie Infinity have the ability to breed Axies, the fighters in the game. Players can breed Axies to increase their number for fight, but they can also sell them to other players for money. There’s also a “scholarship” activity, in which expert players with a lot of Axies can easily lend out their extra Axies to new or inexperienced players. In these scenarios, a portion of the borrower’s winnings are shared by the Axie owner
In addition, Axie Infinity’s high level of uncertainty is considered a risk for earning money. Furthermore, breeding incurs a cost because AXS and SLP tokens are needed to play; hence, it is not free.
2. Decentraland
The Sandbox and Decentraland are two examples of games that popularized the new, blockchain-based metaverse gaming genre. These games give players the chance to build, explore, and interact in a virtual world.
Decentraland gives users the option to purchase in-game land and develop just about anything in order to create a three-dimensional universe. On their property, players can establish stores, develop unique games, and more. Users of Decentraland must have Ethereum and be able to buy MANA.
3. Alien World
An intergalactic bitcoin mining community serves as the scenario for the near-future sci-fi exploration and territory-staking game Alien Worlds, which sends players into space to discover new planets.
In order to mine things, players must capture alien NFTs that can be upgraded as they go. The TLM tokens can be used by players to trade NFTs, win in fights, or finish objectives. Players can compete against one another using a trading-card system while also working together to expand their planet’s government in this cooperative and competitive game.
4. CRYPTOBEASTS
These digital creatures will be NFT collectibles, just like most other blockchain games. In the “Eggland”, where there are ten thousand plots of land, users of the same species will team up to fight other CryptoBeast species and win rewards.
There is a rare egg in every land, which also serves as the governance token of the game. CryptoBeasts can either hatch from eggs or remain as eggs. The more eggs and CryptoBeasts a player owns in this massively multiplayer online game, the more influence they have on how the world is governed.
5. BOMB CRYPTO
The arcade-like atmosphere is particularly brought home in the pixel-based battling play-to-earn game, Bomb Crypto. To play, players purchase bomber heroes from the market. Players can purchase homes and other stuff that level up their heroes, and the game features adventure modes and quests as well.
Players can find NFT things while they explore to support their heroes, who are NFTs themselves, and trade with other players. Players may have varying earnings in this game depending on how frequently they play it and what game types they choose.
Since the advent of the Internet, blockchain technology has been one of the most publicized, highly contested, and yet promising technologies. Blockchain generates a ton of fresh possibilities and digitally durable, transparent business models. The need for blockchain-enabled products increases as the number of users continues to grow each year.
Indeed, a blockchain game or crypto game can be a source of passive income and investment. There are tons of play-to-earn games that surely are entertaining and profitable. In no time, blockchain will arise more with the new developing earning games.
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