What is Blockchain Gaming?

Michael Caloca / ONE37pm / Imagery Courtesy of Enjin, Axie Infinity

Blockchain gaming is gaming that utilizes true item ownership from the same technology that lies at the core of cryptocurrencies like Bitcoin and Ethereum. It is an earth-shattering innovation for players who have previously accepted that their items will be forever stuck in games. Normally, players are accustomed to wall gardens that prevent players from moving assets freely in and out. So blockchain operates more like a battering ram or the kool-aid man to players who have been staring up at these Attack On Titan-sized walls waiting for something to shake up their world. 

These new systems bring exciting developments, minus the titans. Blockchain gaming is letting players verify that their items are rare and letting them send anything to anyone. This new capability exists without having to jump through hoops or sell your entire account to move just one measly item the buyer wants. This enables a new player-driven economy where games don’t have to worry about new releases or shady DLCs, and can instead make new content that is tradable and retains players. Players are so used to game-hopping to scratch an itch that they routinely buy new games every other month trying to chase the trends and the hype. If they can add hours of gameplay to their favorite games while spending more money in-game, everybody wins. This becomes especially beneficial for gamers when systems like Enjin allow creators to add transfer fees to monetize the trading done in and out of the game.

NFT peeps have started to flock to blockchain gaming/NFT gaming because they can do something gamers have wanted to do for decades: they can move and sell items. They’re not looking to do this because to make a quick buck, but because they love their hobby and don’t want to make it feel like a toxic codependent relationship with these games. It can be frustrating to throw buckets of money, time, and energy into your favorite game only to feel like there are not enough things to do, the server goes down, the game is no longer live, etc. Some gamers also find themself backed into a corner, competing against people who simply spend more money than them in-game, and therefore they’ll never be able to beat them.

Take it from me, NFTs and blockchain gaming are a fun, exciting topic. While there is work to be done in earning these items, there is also money to be found. This comes not from the desperation of people who have too much money to spend, but from people who see the value from the time put into gaming.

Before you know it, your next big purchase could be supported by something you sold from a video game. Imagine what you could pay for if you could monetize the time you play video games. Check out this video of Simon from Enjin using money he made from Lost Relics to buy his groceries:

I myself have just paid for my wedding this Wednesday by selling NFTs. There are different strains of NFTs and blockchain gaming so stay tuned for the second volume of this series. 

If you want to see how NFTs can be used by content creators or want to join the content creation team that’s being built, be sure to follow me on Twitter.

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