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How Blockchain-Based Games Are Generating Revenue For The Gamers

Jump.Trade - A new gateway for metaverce cricket NFT based game

by jessepinkman930
April 7, 2022
in Computers and Technology
0
NFT Game,
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The gaming industry is a highly competitive and lucrative one. Gaming in NFTs is proving to be front runners yet again – with the same vigor and competitiveness, the platform is making strides in both the entertainment and incentivization respects. They are uplifting the community of gamers by helping them monetize their way through their time on the platform. Of course, these new aspects deploy the big gaming conglomerates and even indie developers don’t take away the privileges on their end – the NFTs provide a platform that is quite literally beneficial to both parties involved.

This article takes a peek into how the gamers are making a bank in the gaming division of the NFTs, how the game developers bring about the Play To Earn NFT Gaming Platform that supports and deploys these interfaces, and some of the upcoming and established gaming marketplaces that are present.

Contents hide
1 How NFT games present and deploy
2 Gaming niches and what they entail.
3 Blockchain gaming guilds and their advantages.
4 Upcoming and established blockchain P2E games:
5 Wrapping up on how the players are benefiting from the P2E games.

How NFT games present and deploy

Games, in specific video gaming, fill the void for the escape from reality. It is a multi-billion dollar industry because of it. Indie developers and gaming companies are actively trying to penetrate the next big idea that is catching the wind in the ever-evolving space. The most important tool at their disposal is the relevance of trends in the market in real-time. They need to keep up with the growing audience’s demands by deploying all the necessary interfaces and providing them seamlessly.

Taking inspiration from these factors, NFTs are the new outlet for the gaming industry to conquer and deliver upon. The games deployed in the NFT sector are not holding back one bit as the numbers in participation exponentially rise by the hour. The efforts put to facilitate the new audience are equally proportionate in the sense of speaking.

Gaming niches and what they entail.

The gaming niches on the platform comprise the general format they are usually deploy on – variations include storylines or the format of the interface that follows fictional, strategic/tactical, first player games, adventure, educational, sports-based, etc., or more. All of these can be implement on the NFT space but with the twist of being able to add a price tag to the individualize assets.

Centralization of the in-game commodities that the players could not trade or make use of beyond the gaming interface has become a thing of the past. But, the decentralized blockchain-based applications provide immutability and permanence with the added advantage of getting to make creative and executive decisions for the digital tradeable they now own.

Blockchain gaming guilds and their advantages.

Any digitally backable asset or concept on the blockchain can be an NFT. From the in-gaming commodities to avatars, skins, weapons, rewards, tickets, even entire ecosystems, etc. The commodities can be drawn up with smart contracts so that when they are traded in subsequent marketplaces, the developers receive passive income. Self-executing contracts are one of the biggest advantages of the trustless network – the blockchain. The blockchain is quite literally responsible and the host for technologies such as crypto, decentralization, Web3, and NFTs to exist. And because of their digital native existence- their scalability and adaptability to host a large audience with the growing tech are possible.

Instead of new and improved ideas being infiltrated by the gaming industry in the NFTs, the most popular implementations are the introduction of the metaverse and the “play to earn” modules they are deployed upon. These two aspects are bestsellers in any marketplace that does them right. These usually come in with a multiplayer interface, where the participants can interact, go on matches or battles, etc.

Upcoming and established blockchain P2E games:

1. The sandbox: A virtual land that can be bought and modeled after various environments. The players can also rent these spaces once they have purchased them. Its interface is very competitive. In a sense they are the most sought-after virtual real estate space in the NFT space. They are currently in their 2nd phase of development – gearing up to launch a whole new upgraded platform.

2. Axie Infinity: An avatar “character” based game set in a fantasy land, where the Axie can be bought, raised, set into battles, and traded. The game is one of the biggest ones to exist in the NFT gaming sphere. It grossed more than a billion in trading volume.

3. Gods Unchained: A tactical game, also set in a fictional interface, where the players get to participate in battles with the unique characters available. The platform is also a free-to-play interface. 

4. Jump trade: The new sports-based game that is soon to launch. This initiation is the world’s first Play to Earn Cricket Game loaded with metaverse stadiums and a multiplayer interface. The marketplace currently gives early bird privileges. So the participants who sign up to their waitlist by giving access to the super loot.

5. Illuvium: another gaming platform that is in its current trajectory to be launched soon with an alien-fantasy-dragon character-filled game. This “play to earn” game aims to host battles and build a community of gamers.

Wrapping up on how the players are benefiting from the P2E games.

For one, on top of the entertainment value they provide. The participants compensated their time on the platform. There are many cub-niches within the P2E games where some interfaces provide a free-to-play gaming experience or a pay-to-play guild. But the experience is the same for the players. The gamers are now sussing out a viable career path on these platforms. As the gaming influencers from socials like Instagram and youtube will help them to gain popularity.

Tags: nftNFT Game
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