The blockchain is changing traditional gaming in many ways. CoinTelegraph reported recently on this. For a deeper dive, check out the article.
Let's look at why the industry is poised to explode. Here are some reasons:
Blockchain technology is the best route to a Play To-Earn market that is inclusive, global, and organically viral. Let's take a look at a few games as we examine the growing popularity of blockchain gaming in the Metaverse.
Alien Worlds is a game that uses the Wax blockchain. The game features players competing for a limited resource, TLM. Players can use this resource to increase their power by voting in a DAO and staking in the game. Alien Worlds has more than 1.5 million users in the last 30 days. This surpasses Axie Infinity's record as the most-played crypto-based videogame in the world. TLM, a cryptocurrency, has seen its value double in the last month, from $0.19 to $0.38.
CryptoMines is another SciFi game that is on the rise. It is a SciFi game-to-earn NFT where players compete for workers and spaceships to travel across the universe in search of a cryptocurrency called $ETERNAL. Over the past 30 days, it has had 229,000 users.
CoinFantasy has a strong position in this rapidly growing and emerging gaming industry. CoinFantasy is a leader in fantasy gaming with its gamified crypto markets.
CoinFantasy's "Play-To-Earn" model allows anyone to join. Three steps are required to join the program:
Over 100 NFT card attributes are available with various rarities. These NFTs allow users to participate at crypto fantasy club events, and they also give them access to collectibles and in-game merchandisers.
GameFi's Play-To-Earn model, and the metaverse will continue to grow and what it could mean for the rest of the world. Is it possible to create a new global economy? Could it be a chance for ordinary people to improve their lives?