The world-wide e-sports industry is growing rapidly and according to the recent estimates it is expected to cross $1.6 billion mark in revenue and may reach over 350 million viewers by the year 2021. According to the studies the majority of these viewers belong to the above-average income category. The digital gaming on a broader spectrum is now considered the biggest entertainment industry world-wide. The revenue is mostly generated by selling in-game items and other digital assets but ironically the gamers enjoy very limited rights when it comes to the ownership of the items purchased. Most of the game producers are very strict and if a gamer is found reselling any item for real money, the platform can ban the gamer from the game. Game producers have unilaterally adopted the rules of their own choice and have the authority to revoke the rights of a user on any item purchased.

Like any other trade digital gaming industry is also evolving. The digital gaming is embracing new technologies which will ultimately change the landscape of the industry. It is believed that the digital gaming infrastructure will be completely overhauled with the integration of three most advanced technologies and those are blockchain, e-sports and Virtual Reality. One thing is certain, this combination of the most innovative technologies will open the doors to new avenues. The gamers will be able to own, modify, trade and play the way they choose.

The future of gaming and blockchain:

Blockchain Studios has introduced the first collectible racing cars ‘CryptoCarz’ for VR gaming powered by the blockchain technology. It is a multiplayer racing concept enabled by virtual reality and powered by blockchain technology that allows the users to build a car of their own choice with the help of latest tools and equipment available from the virtual garage of the platform. The users will experience an unprecedented online ride on the virtual racetracks. Every car comes from a limited-edition series and just like real cars it will also be a collectible for each user.

Blockchain technology will enable the users to buy and trade their own personalized racing cars stored in their individual Ethereum Wallet. In order to participate in the race, the users will have to rent or purchase a car. This whole new concept of integrating the most innovative technologies will change the gaming experience forever.

Website: https://www.cryptocarz.io/
Whitepaper: https://www.cryptocarz.io/docs/CryptoCarz_WP.pdf
Telegram: https://t.me/cryptocarz
Twitter: https://twitter.com/cryptocarz
Ann Thread: https://bitcointalk.org/index.php?topic=3405109.0

Proof of Work: https://bitcointalk.org/index.php?action=profile;u=1887821