How to use blockchain technology in the gaming industry? how can we create nfts for games? How to create/develop play-to-earn games using blockchain and web3 technology?
All These things I will explain to you in this video.
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Timing:---
What we can do with blockchain in games 00:00
Introduction 00:30
How we can improve the gaming experience 00:42
How we can use nfts and erc20 tokens in every game 00:59
benefits of blockchain-based games 01:47
Play to earn games 02:25
More features we can add in games using blockchain 02:48
Thanks 03:14
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More about this video:--
this system we can implement with blockchain technology in games and even some games already doing this. We can use tokens and nfts in games for doing this
let's go, I will explain to you more in detail about it that how they can be gaming industry completely disturbed/improved by blockchain technology
using blockchain we can create nfts and erc20 tokens.
Nfts and token (gaming character, weapon ability, and places):-
Let's say you are playing any game and you are playing it greatly. You have raised your character abilities and features very much. But these are highly centralized games, where the game developers control all assets and currency,
Their assets have no value beyond the games. You are playing that game from the bottom of your heart but That character has no real-world use. You don’t have any control over these outside the game.
but using blockchain technology in games we can improve the gaming experience pretty much. We can use nft in gaming characters and with their abilities. So that when someone owns that character and gains their ability then On users have full ownership of these assets. It will provide many real-world utilities to characters then. You sell it buy it. And also you have complete control over that not.
We can use cryptocurrency with gaming tokens. So You can also sell gaming tokens that you will earn while playing the game and send this many to the bank.
We can create a real play to earn games using blockchain
except for characters you can also connect gaming places, weapons, etc to nfts so that we can add more utilities to it and it becomes more useful
For example, in blockchain-based games, players can earn rewards like cryptos, weapons, avatars, skins, coins, etc., and they get full ownership of these assets. These assets have value beyond the purview of games and players can make money for their gaming skills. Some gamers have already made such games into their consistent source of income.
By offering ownership of in-game assets, reward and income-generating possibilities, and social interactions, gaming platforms can leapfrog the many challenges and create ga ming ecosystems and economies in the future.
More secure and transparent
Blockchain is secure transparent and immutable technology. So it makes the game more secure and transparent
Improve user experience
Blockchain can help improve the overall user experience by providing a more efficient, secure, and transparent way to engage in digital transactions and access virtual assets. Players may play many games, and they create their profiles there. They would like the profiles to be interoperable across games; this is another area where technology can help.
Virtual events and tournaments are a critical component of the overall gaming industry. For decades, virtual events have been organized globally, which requires many resources for managing teams, prize pools, and event venues. However, many challenges have been faced in this process, such as the high registration cost, ticket prices, bandwidth, cybersecurity, etc. Also, it isn’t easy to verify the rewards participants earn.
Blockchain technology can make this process easier by providing the ability to track and verify who has received the rewards for their matches or competition wins. Blockchain technology is decentralized and offers secure transactions among users, and it automatically tracks data from any network where it is implemented. Therefore, it is easy for gamers to participate in virtual events and tournaments using blockchain technology.
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