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Blockchain benefits for the gaming industry

Blockchain or cryptocurrency games are slowly gaining ground in the gaming industry as developers embrace and incorporate the technology into their projects. Blockchain games are based on the blockchain, which is used to power Ethereum, Bitcoin, and other cryptocurrencies. Consequently, it promotes decentralization; people can control their currencies, programs and projects. Despite the fame of the crypto cat game, the Blockchain game is still in development, leaving room for innovation. However, it has many benefits that attract players, some of which will be discussed below.

Good gaming experience

Although the games are fun, some people take the thrill out of them by cheating. The BBC network revealed that a gang created and sold cheat codes to players on popular platforms such as Call of duty and Overwatch. What’s worse, it is estimated that they made $ 76 million before being detained by police. This reveals that many video games are susceptible to cheats and hackers that make the gaming experience unpleasant.

Blockchain benefits for the gaming industry

Although various anti-cheat software abounds, experienced hackers can design more advanced code that would go unnoticed for years. However, the decentralized nature of blockchain helps developers create reliable servers that cannot be affected by cheat codes. Also, it is impractical to hack a Blockchain game as it lacks points of failure.

Authentic ownership of game assets

With Blockchain technology, players can be the true owners of the game assets. This is in stark contrast to traditional games, where developers can delete them on purpose or accidentally. Also, some of them can cost a fortune, which makes the people who play these games rich. For example, the planet Calypso in the Entropia Universe sold for $ 6 million. Additionally, players can become investors by selling game items on various Blockchains.

platforms for multiple cryptocurrencies. Therefore, players who want to win with their passion can jump on the Blockchain gaming trend.

Actor-based governance

Most traditional video games are centralized and controlled by developers. They develop the rules for users and force them to update to the latest versions of the game even if they don’t want to. Additionally, they can cancel their games if they are no longer interested, leaving many gamers disappointed and frustrated. However, Blockchain games cede the power to the players, as they decide the rules they want.

Blockchain benefits for the gaming industry

Usually, the majority rules the game, and things can be adjusted if 15% of the players vote. Also, games with decentralized servers cannot be canceled by the developers, as their popularity will keep them going. Therefore, Blockchain games only fade when users abandon them.

Decentralized gaming system

With Blockchain technology, developers can take advantage of the hybrid model in which the economy runs on the blockchain while other parts of the game are stored on centralized servers. This model will make gaming economies more secure while creating scarcity and preventing fraud. Additionally, players will be able to quickly transfer their assets between games, enhancing their gaming experience. Also, they can trade their objects in games on the same blockchain, as they are represented as digital tokens like the Uniswap token.

Blockchain-based games are gradually becoming popular with players due to their benefits. Hopefully the developers can fully utilize it to get the best gaming experience.

Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: Tammy@oicanadian.com Phone: +1 513-209-1700

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