What are Blockchain Games?
NFTs represent unique collectible items in the digital world and so it is only natural for them to appear in the gaming world as well. The longer you think about it, the more uses for NFTs can be found in the games.
Have you ever won an item in a game, spending multiple hours fighting that cursed dragon, only to discover that half of the players in the game also, have it? Well, that is where non-fungible tokens come in handy, allowing players to actually own assets, characters, weapons, and more, ensuring their uniqueness and value. It is even possible to own a whole game as a non-fungible token making playing the particular game a unique privilege, owning which is equivalent to owning a magnificent artwork.
Play-to-earn model
Something that has bothered many players through the years, is that playing games are almost impossible to extend beyond a simple hobby to earn an actual income. Play-to-earn model or Game-Fi is able to solve that, incorporating NFTs into the world of gaming, allowing players to win items in-game and then sell them on the NFT marketplace to make an income while doing what they love the most.
What makes in-game NFTs unique and differentiates them from common tokens is the fact that the player does not just own an item, unable to do anything useful with it. Contrarily, the most unique items are the most useful ones, since they can be used during the gameplay, provide with extraordinary abilities and skills, or make the user distinguishable from all others. The same concept can be used in crafting supplies, controlling this way the number of resources, influencing the in-game economy, and encouraging users to trade and exchange with one another. This approach can create an extremely realistic game experience that is influenced by the players themselves, allowing them to establish their own world rules, make alliances, or fight wars.
Some items may become valuable even outside the game since they are perceived as normal NFTs and can be sold and exchanged even if the game is no longer maintained. It creates an additional motivation factor for the players, allowing them to earn even if they no longer want or can play the game.
Have you ever won an item in a game, spending multiple hours fighting that cursed dragon, only to discover that half of the players in the game also, have it? Well, that is where non-fungible tokens come in handy
How is it done?
Smart contracts ensure the trading between players and allow them to exchange, sell and even gift assets. Using the transparency and security of the blockchain technology the safety of transactions is established, making it easy and accessible for the users. Smart contracts can be described as a tool that guarantees the reliability of processing. They are usually a type of digital agreement with predefined by a computer code set of rules. Contracts that are used in blockchain technology allow the creation of trustless protocols, meaning that dealings between parties can be done through the blockchain removing the necessity of trust between the participants.
Find this and more of our articles on Medium, tell us what you think and share it with friends.
-Isotopic team
