Blockchain has been in the cryptocurrency world it was probably a matter of time before video games hopped on the bandwagon and indeed we are seeing blockchain or play to earn gamesstarting to surge in popularity but how exactly does a video game use something like the blockchain so the basic idea is this either thee games are free to start playing or you pay some sort of upfront costs often in crypto to play the game and as you play you earn in game assets in form of non fungible tokens or NFTs.
In case you do not know what is are NFTs its kind of like crypto in that it is stored on blockchain but unlike crypto, each nft is unique so they are often Artwork, songs or even memes for gaming though they they tend to be in game items like wepons, skins or other collectibles. Because the assets are stored on a public blockchain with ethereum being one of the popular one player own the assets that they earn so if you earn some kind of sweet collectible then something happens to the server of the game or the developer just decided to pull the plug your item will still exist on the blockchain and it will still have a value as long as there is a demand for the same and the fact that is on blockchai it is much easier to move the assets from one account to the other.
Some popular blockchain based titles like 'Axie Infinity'alredy have large following of people that are making a profit sometimes a substancial one on items that they have earned on the game making it appealing to folks that want something more then just a better gameplay experience after plunking down there money one possible pitfall of blockchain games is that they are still based around the idea of making transaction after you buy the game so they come with a lot of concerns as traditional heavy titles NFTs are alredy seen by some tech enthusiast as gimmicky, since anything can be made into an NFT and an any NFT could easily turn out to not have any real value then you got the fact that some blockchain games bear a lot of similarities to freemium or pay to in releases where you are still paying real money in order to get a competeitive advantage.
Image Credits
Valve has alredy banned blockchain games from the steam store possibly due to concerns blockchain games have alredy made negative headlines after one developer sold bunch of NFTs ahea of the games launch to help fund the opertion but then the dev just took the money and ran. However other major games in the video game industry seemed to think that blockchain technology will be a big part of future of gaming.
Information Credits
