Blockchain in Gaming Industry

Blockchain has been part of many industries these days. Cryptocurrency changed the way we see blockchain technology from healthcare to the supply chain. However, one area where this industry is breaking through is gaming. Sure, blockchain gaming is a thing right now!
What is blockchain?
Blockchains are a form of distributed ledger technology that allows information to be shared and stored across a public network of computers. The blockchain uses cryptography and digital signatures to ensure that the data is safe from unauthorized access, modification, or deletion. Because blockchains are decentralized, they're able to support a massive number of users without any central authority.
The time for a change
The first name that is associated with it is Bitcoin. And the Bitcoin calculator has been a topic of the day for many people in this digital world, but times have changed. The NFT space has changed the way we see art, gaming, and, of course, cryptocurrency investments.
Blockchain technology has wholly inverted the traditional approach to game design when it comes to the gaming industry. Rather than center the power in the hands of game designers and developers (where it traditionally lies), blockchain has given that power to gamers themselves, who have a direct impact on how their games develop and evolve.
How does it happen?
Blockchain Games are not just about cryptos.
Games on the blockchain are innovative because they give players a new way to engage. Rather than trading in digital items or virtual currency, blockchain gamers trade in crypto-collectibles. These unique tokens, referred to as non-fungible tokens (NFTs), are unique and valuable - representing unique digital assets that can be owned, traded, and even sold between players.
Some experts have said that blockchain technology is perfect for the gaming industry - and, frankly, they are right. With the ability to track products more efficiently, reduce transaction costs, and create a fair marketplace for consumers, blockchain was bound to find its way into video games. Furthermore, with many competitive game titles built around virtual items (like skins for characters), blockchain still presents a valuable solution for tracking those items once they have been traded to other players.
Pay to win? Rather pay to earn
The pay-to-win model is one that damages the gaming experience. It's a reality in gaming today, and it makes a game less fun for those who can't or chooses not to spend money on it. This model has been plaguing the gaming industry for years. Blockchain technology changes what it means to win in a game - instead of paying money to get ahead, users earn cryptocurrency as they play.
How does it happen? Thank GameFi!
GameFi is a blockchain-based gaming ecosystem that empowers everyone to be rewarded for playing games they love. Individuals and game developers alike can develop and distribute their games on the GameFi ecosystem without any hurdles. GameFi's in-game economy allows players to earn money by playing games anytime, anywhere.
Metaverse gaming is possible
The term metaverse is being used by a lot of people recently to describe the virtual space where people can connect in all so many areas. This space includes things like digital services, augmented reality (AR), virtual reality (VR), gaming, video, etc. The most interesting thing about metaverse is that it promises to vastly overlap people's digital and physical lives. A large part of this overlap is happening inside games with blockchain technology.
These games are called metaverse games.
Most popular blockchain games
But which are the most popular games that happen in the metaverse? Let's find out.
Sprinterlands
Splinterlands is a browser-based voxel game that plays as a multiplayer experience, meaning all players play in the same world at the same time. The game's objectives are similar to those of other popular titles, with teams battling each other to control certain areas or collect certain amounts of items. However, Splinterlands' difference lies in its use of non-fungible tokens (NFTs) and its emphasis on strategy and cooperation.
Alien Worlds
Being one of the very first NFT game metaverses, Alien Worlds is a player-owned and driven universe. Gamers can mine, fight, and complete unique missions - gaining rare items that give them a competitive edge on the battlefield. Trading cards are just the beginning of this exciting gaming revolution - new features are set to launch in the near future, giving gamers the power to create their own stories and experiences.
Farmers World
Farmers World is the first farming game for blockchain games on the market. The game runs on NFTs, and players can plant, grow, and harvest different types of fruits. They can then trade their surplus crop with other players to complete fruit collections. Rewards are offered for completing collections - it's a win-win situation for everyone!
Summary
Blockchain gaming is on the rise. By connecting games, gamers, and value to a decentralized network, blockchain is creating new playing fields in gameplay while also opening access to new markets. With this new way of connecting game developers to players, it's the first time that developers will have complete control over their own games - allowing them to shape gaming experiences around their communities' needs and interests.