To begin with, let's talk about what a blockchain is and what its main characteristics are. Very often, blockchain is used in a financial context as something inextricably linked with cryptocurrencies. However, blockchain is not exclusively a financial tool, and its application can go far beyond the support of cryptocurrencies. Decentralization, immutability and provable scarcity have prompted other spheres to use this technology.
The blockchain technology itself is a database that works in a decentralized manner and stores block chains with information about users and transactions. The blocks are interconnected and stored on the devices of each member of the network.
The peculiarity of this network is that the user has a complete copy of this database. Thus, decentralized systems ensure not only anonymous transmission and transactions, but also the security of the entire network and each individual user from attacks, fraudulent actions and loss of their data.
Since its foundation, the sphere of cryptocurrency and blockchain has grown and improved so this technology is widely used in other areas now, which provides increased efficiency.
Blockchain technology can create an innovative and transparent business so the manufacturer meets the needs of a modern, knowledgeable and demanding consumer. In general, the blockchain is a large digital data registry that stores information about certain assets.
On our Venera Academy platform, in the Articles section, you can also find other areas of blockchain use. But in this one we will speak about gaming.
What does blockchain give to gaming
The developer has full control over the users’ data, as games on a centralized model have a server where all data is uploaded.
It can be said that the players do not have material ownership rights not only to the items, but also to the account itself. It happens that these servers attacked by hackers, have technical problems and may be completely disabled
Here are some options for how technology can affect gaming sphere:
- Obtaining real property. Gamers have full control over their in-game items and accounts. Moreover, the assets have a personal token.
- Decentralization of the market. The purchase, sale and exchange of assets takes place in accordance with the peer-to-peer method. The absence of third parties and the ability not to share your data with them attracts many.
- Reducing the amount of commission and increasing the speed of transactions, which optimizes payments.
- Fair play. Nobody can change something in the game if the majority of gamers do not vote for it. Since when using the blockchain, everything happens transparently, honestly and quickly. The way is blocked for hackers and cheaters, because there are no vulnerable points.
What are blockchain games?
At the heart of such games, as it is not difficult to guess, is the blockchain technology, as well as smart contracts, which endow this type of gaming leisure with a number of pleasant characteristic features, such as: anonymity, transparency, decentralization, and so on. The entrance to the blockchain game is carried out by activating the crypto wallet, while the creation of an account is not required. Blockchain - based games can be divided into three main types:
- According to the play-to-earn principle, which assumes that the player receives a certain reward for gaming activity. Cryptocurrency tokens act as a reward.
- The free principle. At the same time, users have the opportunity to support game projects, for example, by acquiring certain attributes, statuses, and strengthening their positions.
- According to the NFT principle, when players receive or independently create non-interchangeable tokens that belong exclusively to them. Not only virtual works of art can act as NFTs, but also other digital objects: weapons, characters, vehicles, and so on.
The best games with NFT for earning
Most blockchain games do not require any investments, that is, you do not need to pay at the entrance to the game. Games with attachments involve the acquisition of certain assets (for example, characters for the game) for cryptocurrency. As a rule, a commercial approach contributes to faster progress in the game and, as a result, earning money.
Conclusion
Eventually, blockchain enters many areas of our life and helps to establish different processes. And in the end, if it does not completely replace the traditional type of various activities, then the blockchain will be used routinely everywhere. It is unknown how many of the projects we have listed will remain afloat in a year and a half.
However, the vector of development is planned, games with NFT have already firmly occupied their unique place in the digital entertainment industry, and in the foreseeable future they will become "everyday work" and routine for someone.
