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Blockchain Tech, Video Games equals Earning Opportunities for every gamer!

Play To Earn Opportunities are all over the place in 2022.

Video games reign the interactive entertainment domain with more than two billion gamers worldwide. The amount of revenue the video game industry generates is astronomical, Hollywood and sports combined can’t compete with it.

Video game giants like Sony, Microsoft, and Activision make billions every year by selling video games and other products related to them. The best thing happening with the video game industry nowadays is that gamers can also earn while playing their favorite games via crypto and blockchain-based games.

Play To Earn Opportunities

This P2E model lets people earn and make hefty bucks via playing games, selling NFTs, and even breeding and leveling up characters.

Blockchain technology is a decentralized data recording system using a ledger that stores information in secured blocks over a network of computers. An irreversible programming algorithm is used which cannot be altered whatsoever.

This new technology is well received in some gaming circles as various developers have launched their blockchain-based video game projects. Some games have launched their own tokens, NFTs, and cryptocurrencies so players may trade and earn while playing games.

Some notable progress in blockchain-based games includes Axie Infinity with its token called Axie Infinity Shards (AXS). Moreover, Ubisoft recently launched its NFTs called Digits and provided a platform called Quartz to enable people to engage in transactions. Atari also opened a dedicated division for its blockchain, crypto, and digital tokens projects.

Now, developers are working on creating metaverses with ever more immersion and inclusiveness. More and more developers are embracing the idea of blockchain and metaverse. According to a survey, 58% of developers have already integrated blockchain technology into their projects.

However, it is still a long way to go as cryptocurrency itself and Gamefi video games are facing scrutiny all over the world, especially, in huge markets like China and India. Steam didn’t allow crypto-based games on its massive gaming platform.

Moreover, South Korea has asked App Store, and Play Store to delist games associated with crypto and blockchain-based games.

Gaming News Of Video Game Consultant;

Gaming News Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s) , Play to Earn (P2E/Play-to-Earn), crypto games and crypto currencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain based video games and its transactions and payments in the games.

Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studio’s that lead the way. Mobile games, PC games and Console Games and their vision on cloud gaming, streaming, esports and gamer communities. Online digital entertainment like movies, music, concerts, art and top brands such as fashion and much more that connect with video games in the metaverse.

If you want to stay up-to-date on this topic Play To Earn/P2E Opportunities or my daily game news, then follow me on Google News.

 

Reinout te Brake

In a career spanning across 20+ years, Reinout te Brake has raised over 100+ Million Euros in Fundraising for a diversity of companies and has worked with several venture capitals firms. Helping gaming companies expand their brand reach, get the right story telling and make an impact on a global scale. Reinout te Brake has had the honor to counsel some of the major gaming companies operating on a global scale. For the last 12 years, he has devoted his major focus towards the niche of gaming consultancy to provide his insight and expertise to help gaming companies reach outstanding financial and business results.