Blockchain technology has the power to reshuffle the deck in an array of industries. It is a valuable creation that is able to make processes more efficient, safer and quicker. So, what has it got in store for the video gaming industry? Here are some of the top ways that blockchain is already making gaming better – or how it plans to in the near future.
Making More of Microtransactions
Microtransactions are a common element of most online games. In-game or in-app purchases can be made to unlock new worlds, new weapons and even new characters. Although the price tags on these bonuses are relatively low, handling parties take a cut and drive up the price. The bigger issue is that microtransactions are common and multiple may be made within one gaming session – and thus becomes expensive.
Blockchain solves this issue by allowing users to pay for their in-game purchases with crypto and therefore have to pay zero third-party fees. Simultaneously preventing the need to enter card details and personal data and therefore keeping you more secure online. To get involved with crypto microtransactions will depend on the game you play, but you will also need to do your part and own a quality wallet. A popular choice is the Luno Bitcoin wallet which boasts incredible security and attractive features.
Blockchain-Based Games Are Coming
Ubisoft is one of the biggest game developers on the planet and they have realised that they need to be on the ball when it comes to blockchains. They have been on record stating that blockchain tech will change gaming and they want to be pioneering these changes. As a result, they have been developing a game that is entirely based in the blockchain. Players will develop their own islands with everything on them including characters. Because these islands will be stored on the blockchain, the really cool thing is that they will always remain the property of the gamer, under full ownership.
Taking Computer Gaming into New Environments
SweatCoin is one example where an aspect of life has been gamified, as the player receives compensation for their efforts in a form of digital currency. These types of developments are in their early stages, but it could be possible for computer gaming to follow – with the help of blockchain technology. It would also tie in well with crypto microtransactions.
If games were taken outdoors with some degree of augmented reality, the physical efforts of computer gaming could be rewarded with crypto, which would require the help of the blockchain. The overall goal of this would not only be to change the dynamics of gaming, but to help people recreate it into a healthier hobby.
These are just three ways that blockchain technology is preparing to influence how we game. There are plenty more possibilities for it to enhance computer gaming. Discuss.
