crypto

Crypto Gaming for Beginners- 4 Things to Keep In Mind

Crypto Games for Beginners: 4 Things to Keep In Mind

Today we talk about Crypto Games. For most people, gaming served as a pastime after a long and stressful day at school or work. It was nothing more than just a passive hobby, and everyone expected nothing more than happiness and satisfaction after completing a difficult task.

But as technology advances over the years, so is the gaming industry. The rise of the blockchain paved the way for crypto NFT games or play-to-earn games, where players can generate income from crypto or non-fungible tokens (NFTs) by only using their smartphones or PCs. So, instead of players shedding cash to purchase a game, the developers create opportunities for gamers to make money.

While this concept is appealing, understanding how it works can still be challenging for many beginners. So, to help you, this article will discuss four things you need to keep in mind about crypto gaming.

What are Crypto Games?

Before diving deep into the concepts and terms, let us first understand what crypto games mean. Crypto games, considered the next generation of gaming, let users earn cryptocurrency by engaging in various tasks. For instance, some games give players in-game currency that they can use to buy characters and items that can be sold in marketplaces or subsequently swapped for more common cryptocurrencies.

Thanks to this concept, the gaming community now has a new option to be compensated for the time they spend playing games. The play-to-earn model has gained much traction in recent months, and more and more players are now joining online crypto gaming groups.

Currently, players can choose from various game genres in the blockchain gaming sector, including pay-to-play games, which demand an initial investment from players to unlock a specific character or, at the very least, an item. On the other hand, mining games pay out coins to players for producing specific resources or finishing particular tasks. Of course, there are also free-to-play games that you can start playing immediately and earn cryptocurrency.

4 Things You Need To Know About Crypto Gaming

Store extra funds in the form of crypto

Most crypto games are built on the Ethereum blockchain. So, to play a game, you must have funds to purchase Ether. Also, whenever you use the Ethereum blockchain, you must pay a GAS transaction fee. This fee is something crypto gamers will use in every action they do in the game. Your browser wallet will ask you to sign a transaction before you proceed and display the cost.

But thanks to sidechains on decentralized games, players don’t need to pay fees each time they perform and complete an action unless otherwise stated.

Choose a cryptocurrency exchange platform

You’ll need to use a cryptocurrency exchange site to convert your money into Ether, and there are plenty to choose from. Be sure to complete this phase and pick the option that best suits your needs, such as your country’s currency or the payment method you choose. Before diving into it, research everything you need about exchange platforms.

Use a digital wallet

Using a digital wallet is the best way to ensure that your crypto is safe. Unlike Paypal or Apple Wallet, a digital wallet for cryptocurrencies saves keys rather than money. Many wallet options enable you to keep keys on your PC, in the cloud, on your mobile device, or even offline using a hardware device, similar to exchanges. Select the option once more based on your unique requirements.

Enjin Wallet is essential for crypto games as it lets users view items in their wallets. Think of it as an inventory for various games where you can store all your earnings and items collected.

Select a crypto game that interests you

Finding a game that fits your interests and budget is the next step after deciding to try crypto games. Finding the best one for you requires investigation, as over 400 active games are currently available online.

The data tracking websites DappRadar and CoinMarketCap are critical places to keep an eye out for new crypto game alternatives. CoinMarketCap provides information into a game’s token price movements, allowing you to decide when is the best moment to participate in a game, while DappRadar offers insight into the GameFi marketplace based on users and volume.

Most games are in their alpha or beta stages, as the industry is still extremely young. Be prepared for a jerky gameplay experience, and be ready to see glitches. On the other hand, you’ll join the community that aids creators in discovering what players find most engaging and desirable. That in and of itself is a thrilling experience.

Bottom Line

Crypto games combine the excitement of video games with the chance to get paid for your time with actual money. However, no “average” earnings exist, and your returns may vary as with any financial product.

Play-to-earn cryptocurrency games can be profitable, but they frequently need a one-time financial input and ongoing time expenditures to understand the game and increase your investment. You can have fun with GameFi and receive worthwhile cryptocurrency rewards for your time by completing your research and getting ready to go long.

Also, remember that every player has a unique playing experience, and we all have various priorities. Crypto games are not for everyone, just like any other genre. But part of the joy is experimenting, fiddling, and widening your gaming horizons.

A Promising RPG Blockchain NFT Crypto Game Called Defi Kingdoms

A Promising RPG Blockchain NFT Crypto Game Called Defi Kingdoms

Enter into the kingdoms of beautiful retro pixelated graphics game that will take you down memory lane. Defi Kingdoms is a cross-chain RPG blockchain NFT game that offers plenty of opportunities for gamers to make money along with having fun. This play to earn game is unique owing to its aesthetically pleasing 8-bit graphics, token resources, and Hero NFTs all integrated with DeFi protocols. Defi Kingdoms is an open-world immersive game featuring DEXs, and liquidity pool opportunities powered by Harmony and DFK Chain blockchains.

Today, we will take a look at how Defi Kingdoms is different and what’s in it for you.

Defi Kingdoms Game Overview

Enter into the world of Gaia that underwent evolution and changes starting from Age of Progression which unleashed dark times. Some of the devotees of Gaia were divinely led toward the Inner Grove. After so many years, the people and land are once again seeking a harmonious balance and returning to the olden ways when Gaia was happy. Now, the Age of Heroes is upon us where you will play as an RPG character in the kingdoms.

How Does it Work?

First things first, the game isn’t free to play, which means that you will need to get your hands on its NFT Hero before beginning to play. The game is basically yield farming, and once you have your Hero, you can take part in quests. Yield farming will result in rewards, this is something that won’t require much of your money. However, if you are eyeing a quest, every quest will require a fee upfront. Moreover, the game also works as a decentralized exchange and you can trade your cryptocurrencies inside the game with a trader.

Main features of Defi Kingdoms

  • Players can swap tokens in the game’s defi exchange.
  • Players can engage in liquidity farming pools or pair to get mining.
  • Gardening will allow players to unlock Jewel token rewards
  • Staking is also possible in the game which will generate bonuses for players
  • Heroes act as NFTs and you can summon a new Hero by combining two Heroes
  • Heroes can embark on quests to earn in-game tokens
  • Pet NFTs are also part of the game, their eggs are attainable after completing quests
  • Finally, the game also offers a competitive multiplayer card game where the winner wins exciting prizes

Jewel

The in-game currency is Jewel and helps you participate in liquidity mining. It is the main token of the game that holds value and also lets players buy NFT Heroes. Besides, the game supports new tokens like Klaytn, Matic, FTM, and BTC.b. Moreover, ETH is also on the DFK chain. The game also uses One token which will pay for your gas fees while doing in-game purchases.

Crystal

Crystal is another token in the game which acts the same as Jewel but works in Crystalvale. You can use Crystal to purchase and mint Hero NFTs. Moreover, players can also swap it in the game’s marketplace DEX, staked for fee distribution, pooled for liquidity, and also acts in governance vote.

The World Map

Defi Kingdoms world map has Docks, Professions, a Mediterranean circle, Alchemist, Bank, Gardens, a Marketplace, a tavern, and a Portal. The game has two kingdoms, Serendale and Crystalvale.

The Heroes in Defi Kingdoms

Well, the game isn’t all about gardening, harvesting, staking, and growing Jewel and Crystal tokens. The fantasy 8-bit world also adds to the fun by introducing swords and sorcery. It happens with help of your pixel art RPG hero NFT. These RPG characters have HP, MP, and stamina.

Moreover, there is also a level system for these characters which will lead to benefits depending on certain levels. Heroes can also engage in other professions, embark on quests, and engage in battles. Each hero has certain abilities which it is stronger ranging from fishing, forging, mining, and gardening. So, your Hero is the central figure of the game and will help you earn a number of rewards.

A Promising RPG Blockchain NFT Crypto Game Called Defi Kingdoms
A Promising RPG Blockchain NFT Crypto Game Called Defi Kingdoms

The Pets

The game also has rare NFT pets that come out of an egg after a player hatches it. However, the hatching will need time, in-game resources, and Jewel. At the start of each hatching, you will come across three price options. These will offer players to decrease the hatching time, and get a higher chance of a rare glittery and shiny pet.

A Promising RPG Blockchain NFT Crypto Game Called Defi Kingdoms
A Promising RPG Blockchain NFT Crypto Game Called Defi Kingdoms
Defi Kingdoms hatched pet

Final Word

The game launches regular updates and patch notes to make it worthwhile for gamers. These updates make sure that the game’s outlook stays fresh with new-looking NPCs and new places on the map. The in-game economy is also well thought about as summoning a new NFT Hero costs a lot of money, meaning no saturation chances.

If you are into more of a sci-fi blockchain game, then check out the game news on Thalon.

polyworld

Poly World Game Review: Capture, Train, Fight, and Earn in Upcoming MMORPG

Poly World is a promising upcoming free to play creature collecting blockchain NFT game. Today, we will introduce you to a magical open-world game that fully utilizes Web 2 and Web 3. The combination of both Web2 and Web3 makes it unique in the gamefi category as it introduces monetization into a rich game world in the RPG genre. So, the game is for everyone, and every gamer can enjoy the game and have fun, either you are a casual gamer, blockchain gamer, NFT collector, or crypto maxis, the game is for you and the ownership resides with you.

Poly World Game Review

Poly World invites gamers to its breathtakingly beautiful open-world metaverse with many magical creatures roaming in it. The graphics meet the high-end bar with a lot of eye-candy visuals and superb textures. The game is an RPG adventure game where you as a player sets on a journey into the Polyworld metaverse to collect creatures from different places. The game has several settings and environments featuring meadows, castles, lavas, starry nights in a jungle, and vast mountainous terrains. The aim is to catch, train and evolve the best polymons out there and battle with others to become the best.

Poly World: Capture, Train, Fight, and Earn in Upcoming MMORPG
Poly World – Poly World Game Review

The game gives a lot of Pokemon vibes where you do the same as Poly World offers. An RPG where you collect monsters, assemble a team, and battle other monsters to become the best. So, if you are a Pokemon enthusiast, you must try this open-world metaverse game with a lot of earning potential in it. You will catch, train, fight, and most importantly, trade your Polymons in this RPG adventure game. Moreover, you can also own land in Polyworld and monetize in any way you like. You can host tournaments, build structures, do events, socialize, and use land resources.

Poly World NFTs and Blockchain

Poly World has the vision to bring gamers with them in decision-making and give them true ownership and proper decentralization. The game offers decentralization via its in-game economy and transitions them to real-world money.

True Ownership of in-game Items

The game offers true ownership to its players. Whatever a player collects in the game, the in-game item’s IRL will remain with the player forever. Every in-game asset is tradable, tokenizable, and for sale in the marketplace. The game makes it secure for the players by using the Ethereum blockchain network.

Game’s Cross platform NFTs

Poly World NFTs are cross-platform digital assets that are usable in other games that are on the Ethereum network. Moreover, the game shall use static and dynamic NFTs. Static NFTs are the Poly World metaverse land that a player will own. As for dynamic NFTs, they will change depending on the player’s Polymon levels.

Poly World Tokenomics

The game has two tokens in its tokenomics: POLY and POLYLAND.

POLY: POLY is an ERC-20 token and is the base token of the game. Players will use the token to make in-game transactions like paying for in-game items, event fees in tokens, tournament fees, etc. The token is also important for creators too as they will buy Assets, Lands, and helps in exploring the game’s metaverse more.

POLYLAND: POLYLAND is a digital land in the game’s metaverse. The game offers players land to use to construct, populate, and host events and other activities. LAND is a unique NFT on the Ethereum blockchain.

Poly World: Capture, Train, Fight, and Earn in Upcoming MMORPG
Poly World map – Poly World Game Review

Poly World Earning Potential

Players will have the option to stake POLY on the Land under their ownership in the Poly World. This will generate passive income for the Holders.

POLY will also let players cast votes in Poly World’s DAO governmental structure giving a say in the game’s matters. Players will have the opportunity to have their say in upcoming new content, game features, or roadmap decision for the future of the game. Check out the Poly Badge NFT’s recent release dates here.

Polylands

The game has lands that are backed by blockchain making them NFTs. So, a player can own these lands in the Poly World metaverse. This makes Polylands have two types of lands: player-owned lands and game lands.

Game Lands

Game Lands are owned and created by Poly World Company and comprise 35% of all the available land on the Poly World map. This is where all the action will take place related to the gameplay.

Player Owned Lands

A huge number of land is available for the players to own i.e. 149,729 plots. There’s also a total of 21,927 plots reserved for partners, creators, and game rewards, so, 12,802 plots available for players to own.

Final Word

The game has a lot to offer to the gaming community in sense of true ownership in terms of NFTs and other in-game digital assets. Poly World Land sale is opening its sale on the 10th of November. So, a timely heads-up for our side to become an early bird.

Want to read more news? check P2E game news. Longlist of P2E Games is here.

Void - Play To Earn

VOID – Humans Have Lost The War Against Machines – Play and Earn Game on Solana

Void is an online AAA multiplayer NFT Play and Earn game in which you can customize your characters’ appearances while earning through various solo and squad-based battling modes. Whether you are a warrior, a host, a spectator, or a cast member, you will be completely immersed in the three breathtaking worlds and arenas that are completely controlled by the players.

The game is being built on the SOLANA blockchain, which means that players will be able to make quick transactions with minimal fees. Moreover, the game is utilizing Unreal Engine 5, this alone raises the bar for AAA blockchain games. The game is set fully launch at the beginning of 2023.

The game is not free to play, but play to earn. In order to play the game you must first own an NFT player.

VOID Storyline

Humans have lost the war against machines and the planet has become a wasteland. While the humans gathered their artillery to destroy these AI-based machines. The machines had used their ever-increasing intelligence to move the Earth from its axis causing a modern ice age that almost completely wiped out the human population.

Those who managed to live now struggle to survive. Humans hide from the robots, who now consider humans as playthings rather than a threat. There is a massive arena in the middle of the city where rogue humans are caught and sent to battle for their lives.

Game Characters

Players that start with a basic character can choose between evolving classes, each has more than 60 skill options. You can alter appearances to make your NFT stand out. Characters can have one of 5 classes ranging from common to legendary.

There are also 4 main characters in the game:

Anders Bowden

Anders lives in the shadows of the city, he wears a suit made from the carcasses of old robots. Survival has been his whole life and now after his family is gone, their teachings are all he has left.

MP Regar-0712

Sleek and ruthless, the MP bots are amongst the most feared adversaries in the Voids universe. These bots are equipped with state-of-the-art technologies which make it easy for them to hunt humans.

Adofo Ayad

Adofo has spent more than 15 years at the top of the Coliseum rankings, making him a true exception to the rule. He received his unique armor as a reward from the robot race for smashing all previous records. While he enjoys showing off his tremendous skills in battle, he is just biding his time, looking for the right moment to escape.

VOID Ayad Void - Play To Earn - NFT -Solana
Void – Play To Earn – NFT -Solana

Evora

Evora is in charge of making sure that the battles at the main coliseum go off without a hitch. She is quick and merciless in her actions. She is quick and ruthless to eliminate any signs of threat, even if it comes from one of her own friends.

Game Modes & Earning

Each and every item—whether it is a weapon, armor, arena, or treasure is a distinct NFT that may be exchanged on the Open Market.

Fight to Earn

Beat your opponents to get in-game rewards like a new rifle.

Quest to Earn

Discover the vast open world as you complete missions, solve riddles, and earn rewards.

Build to Earn

If you are more of a creator than a destroyer, you can create weapons, armor, and many other in-game assets that can be sold on the marketplace.

Stake to Earn

Just sit back and watch your assets grow, while other players play to earn for you.

Collect to Earn

Step out into the world and find legendary items while you fight, hide and run to stay alive.

Host to Earn

You can charge users at the point of entry after creating your private arena.

Void - Play To Earn - NFT -Solana
Void – Play To Earn – NFT -Solana

Team & Partners

The main team has a highly experienced team of developers that are collaborating to provide users with a dynamic gaming experience. Moreover, their recent partnership announcement with Genblock CapitalOnly1alliesAnti FundCyberFi SamuraiDutch Crypto Investors, and DuckDAO with further improve the quality.

Token

VOIDcoin is used as the universal currency. Moreover, you can use the VOIDcoin in both the game and on public trading platforms. You can use the token to buy items within the game or exchange it for other forms of crypto or fiat money. Each item be it a gun, armor, treasure, or arena NFTs can be exchanged on the open market.

Voids Marketplace

The game’s very own marketplace consists of players, weapons, armor, and arenas. Each category consists of different classes of items and if that is not enough they have also introduced a black market. You can buy rare and uncommon items from the black market. Moreover, you can also buy VOIDcoin directly from the website.

Final Word

The game is promising, unique, and has a captivating storyline. VOID lets you evolve, enhance, and upgrade as a game character with a lot of personalization. The game is the one to look forward to next year. It will surely add a lot of value to play and earn games.

Check out our other blog on the Football NFT game that is making rounds in the blockchain gaming industry. For all P2E Games are here.

Blockchain Games And Metaverse Projects Continue Growing 2022

Blockchain Games And Metaverse Projects Continue Growing

Blockchain games brave the crypto winter like no other according to a recent report by DappRadar. Video games remain the silver lining amid a ferocious crypto winter storm as it is still active in the adoption of blockchain technology.

Moreover, it also gets embraced by venture capitalist firms and continues to get noticed by them. The industry data shows a lot of promise in blockchain games and the figures do not lie.

Blockchain Games And Metaverse Projects Continue Growing
Blockchain Video Games And Metaverse Projects Continue Growing

Blockchain video games continue to attract venture capitalists in the third quarter of 2022 despite the bear market. Among other digital assets, it’s the crypto gaming sector that is showing signs of long-term value as well as stability.

Alien Worlds and Splinterlands remain the two most played Web3 games, with over 160,000 daily UAW registered in September. Gameta, a gaming platform first deployed on Solana and now running on the BNB Chain, attracted over 1 million daily UAW in September.

According to the report by DappRadar, blockchain games and metaverse projects raised $1.3 billion in Q3 between July and September. The figure, when compared to last year’s investment accumulation in Q3, is double in number. However, when compared to Q2 of 2022, it appears a decline of 48%.

The standout domain in terms of investment is the Web3 metaverse projects and infrastructure which accounts for roughly 36%.

As for the blockchain games, the number of unique active wallets records an increase of 8% month over month reaching 912.000. Moreover, 7 out of 10 blockchain games confirmed an increase in unique active wallet addresses. There are more and more multiple blockchain games with truly immersive game mechanics that take entertainment to the next level. Even tough the haters keep hating, this is what we expected.

The total value locked also shows sign of recorvery with a 2.9% increase when compared to the previous quarter but it is not extraordinary as it is $250 billion less when compared to 2021.

The number of daily Unique Active Wallets (UAW) that interact with blockchain dapps rose 12 percent to 1.81 million on average.

DappRadar also notes that Web3 games continue to be the sole driving force for the dapp industry.

As for blockchain technology, Ethereum remains the leader in Q2 2022 with a share of 69% among other chains. It also recorded an increase of 3.17% accumulating to $48 billion.

The NFT domain sees a decline in the popularity of OpenSea Marketplace due to competition from new entrants; Magic Eden and X2Y2.

The impact of blockchain games is also visible in the NFT market, where Gods Unchained cracked the top 5 collections by trading volume in September with over $18 million generated by its game assets.

Key Takeaways

  • The number of unique active wallets in the blockchain gaming industry increased by 8% (912K) month-over-month, and its dominance remains over 48%.
  • Gameta, the new Web3 gaming platform on BNB Chain, became the most used dapp in September, surpassing PancakeSwap, with over 1.33 million unique wallets in the past 30 days.
  • In September, due to a P2E gaming tournament featuring significant in-game NFTs for winners, Benji Bananas, a game produced by Animoca Brands, had a rise in unique active wallets of over 2,400% from the previous month.
  • The Sandbox Alpha Season 3 has over 90 experiences, with 4 million people registered with a wallet, and over 200,000 daily active users.
  • Move-to-earn projects are gaining popularity and flourishing in this bear market. Sweat Economy minted a record-breaking 10,000 NFTs on Near Protocol, StepApp will be available for iOS and Android on December 1st and, OliveX, the digital fitness company that developed Dustland, collaborated with The Sandbox to develop the fitness Metaverse.
  • Blankos Block Party and Star Atlas, two online games using NFTs, became the first Web3 titles to be released on the major PC gaming marketplace Epic Games Store.
  • With over $18 million in sales in September, the digital collectible card game Gods Unchained climbed into the top 5 collections by NFT trading volume.
  • September’s investments were the lowest all year, only $156 million were raised by blockchain games and Metaverse-related projects. However, this month showed us that the industry never ceases to build.
splinterlands

Earn Money, Play Digital Cards — Splinterlands, the Future of Card Games

Experience the mythical folklore around magical monsters, gorgeous creatures, and fiery beasts in this play to earn an NFT card game. The collectible card game is built on the Hive Blockchain with a lot of precious cards and several earning opportunities. It is an online multiplayer competitive card battling game that will have you as a summoner. If you are into card games and also have a knack to earn and make a side hustle, then this next-generation play-to-earn card game is the right fit for you. Join us today in reviewing one of the leading blockchains NFT games out there, Splinterlands.

But before getting into the detailed review, if you are in a hurry, do check out our brief overview of the game here.

Splinterlands
Splinterlands

Splinterlands takes massive inspiration from Hearthstone and Magic the Gathering. Both these games are astronomically popular traditional digital card video games with die-hard solid fan bases and communities. Splinterlands take the idea from both these games and takes gaming to the next level where players can actually own digital cards that have a monetary value attached to them. A lot of promise resides with the game in terms of growth as well as earning potential.

Splinterlands Game Review

The game gives opportunity to the players to buy, sell, trade, rent, and collect NFT cards. The cards as well as the Splinterlands token hold great value in them. The game also gives rewards to skilled players, moreover, regular tournaments also provide skilled players to make real money. So, how do you start playing it?

Splinterlands is essentially a free-to-play game but you will need to buy the spell book early on to get access to essential features. These features are important for a player to progress in the game. So, the idea is simple, get your hands on a summoner, build your deck of cards, and battle against other opponents in the arena to win rewards, and enjoy the glory.

Meanwhile, check this beginner guide on the game if you are more interested in understanding classes, elements, summoners, and more.

 

Splinterlands
Splinterlands Twitter – Hive Blockchain

Splinterlands Gameplay

The game is online, where you are pitted against another online player live. The game will require you to design your deck in an ideal way to stay atop your opponent. Once you set your deck, the battles take place automatically depending on the stats of the cards. The cards will play themselves based on several attributes like speed, health, superpower, attack power, and more. Meanwhile, what you can do is just wait with your fingers crossed. Your main aim is to reach higher classes, expand your deck, refine your strategy and lock horns in big battles to reap massive rewards.

The cards work just like other collectible card games. Each summoner has elements, and there are seven elements in Splinterlands. These elements are Fire, Water, Earth, Life, Death, Dragon, and Neutral. A monster hailing from these elements will have a unique set of abilities including attack range, and even damage stats. And to top it all off, some cards are pretty rare and super precious. So all you need to do is to get your brain going to keep your strategy sharp.

Renting Cards in the Game

Dark Energy Crystals (DEC) is what you will keep an eye on and try to grab as much as you can. You will need to reach Bronze II to even begin accumulating DEC, needing at least 1000 CP (Collection Power). So to reach there, you will have to grind a lot. An easy way to save hundreds of hours is to get hold of renting cards. You can obtain 1000CP by paying rent in pennies. The rent is payable via Paypal or DEC. So rentals is what is keeping Splinterlands affordable and playable at higher levels.

 

Splinterlands - NFT card game - Hive Blockchain
Hive Blockchain

So in the end, if you want to test this collectible card game, you just need to spare $10. You will have the luxury to enjoy the game. However, if you are coming in to make good hundreds of bucks, then you need to level up your skill, and strategy, and even pour in some more money. The best thing about the game is that it is addictive and holds the opinion of the community dear. The game’s Discord is a busy place where town hall meetings let gamers voice their opinion.

 

Splinterlands - NFT card game - Hive Blockchain
Splinterlands Twitter – Hive Blockchain

Splinterlands will go a long way, it will improve and make necessary amendments as it progresses. It has a marketplace having more than 100,000 sales per day. It is a must-play NFT play to earn games for card game lovers. The opportunity to earn has made the game ultra-competitive at higher levels, so you need to gear up if you are eyeing a handsome income from the game. Or you can just casually play the game and have some fun whilst making lunch money.

Stay with us for more on Splinterlands as we will discuss in upcoming blogs what is coming up for Splinterlands. Meanwhile, check out our blog on Pegaxy if you are more interested in horse racing.

The Sandbox

You Did Not Play The Sandbox? You Should!

Metaverse is a digital world to facilitate gaming, and online communities and virtually creates a reality for different purposes. Many blockchain play to earn game developers use metaverse to make a virtual space for elaborate gaming experiences. So, as for today’s game, the Sandbox, check game review, is a metaverse platform based on the Ethereum blockchain. This enables its users to play games to earn, build, sell and buy gaming experiences using SAND, LAND, and other tokens. It became publicly available as an alpha release in 2021.

The Sandbox began as a game builder simulator but soon in 2018, it made a transition into a blockchain development unit by Animoca Brands, a tech brand. It gives its users the opportunity to come together to create and monetize new products and sell them through tokens. The monetization of the Sandbox is through NFTs (Non-Fungible Tokens) or the platform’s utility token which is SAND. It is proving to be popular among users and creators. On March 2022, Sandbox hit 2 million users.

The Sandbox
The Sandbox

So, Why Should You Try The Sandbox?

The Sandbox players can build their own virtual LANDs and can develop different sorts of games through the products created or bought in order to monetize them. The games created can also attract people from around the world to test the gaming experience by playing to earn features.

Understand Sandbox

The Sandbox includes three main parts; Vox Edit, marketplace, and game maker. Vox Edit or Voxel software is where the Sandbox users create their ASSETS using blockchain as NFTs. ASSETS can be anything from a building or a part of it. These ASSETS are using 3D pixels called voxels. These voxels will help you build any asset and are reusable according to every game or virtual reality. There is a high demand for ASSETS that you can buy right away and use in LAND parcels making new realities.

The Sandbox Marketplace

Then comes the marketplace, where these ASSETS are tradable with other users. These in-game ASSETS will let all users develop their games or products after buying. The ownership of these ASSETS or NFTs lies in the marketplace and it becomes the platform for exchanging, buying, and selling with monetary gains.

The third feature of Sandbox is the game maker where the user can develop new 3D games and realities using the NFTs they created in the vox edit or they have bought from the marketplace. Absolutely no coding knowledge is required for the user to create the games in Sandbox and people from around the world can be part of this virtual reality.

The Sandbox - Animoca Brands
The Sandbox – Animoca Brands

The NFT Frenzy in the Game

Sandbox is empowering its users and players through NFTs. The material gains of the users of Sandbox are through its digital ownership, security, trading, and cross-application of the ASSETS. It gives its users the liberty to develop their virtual LAND as they like for both crypto and non-crypto users and the owners of NFTs in Sandbox can also control the policies of the metaverse as there is no central authority and the owners are themselves the complete authority over their ASSETS.

Credible Regulations

There is a regulatory policy in the Sandbox marketplace to ensure equal opportunities for all but it doesn’t hinder the imagination of the creator of the digital world. Sandbox enables its users to use their ASSETS in other metaverse created on blockchain technology. The ASSETS are uploaded to the blockchain ecosystem through the marketplace of the Sandbox and these products are then converted into NFTs. The tokens add to the NFTs to monetize them. The tokens used in Sandbox are of three types; SAND, GEM, and CATALYST. SAND is the primary utility fungible token within the platform that helps in trading ASSETS on the marketplace. GEM and CATALYST show the scarcity and attributes of the ASSETS thus GEM is there to enhance those attributes while CATALYST provides the empty sockets or slots for the GEM to fill in to enhance the asset.

The SAND and LAND

SAND is the most important aspect of the Sandbox metaverse as it is the only way to buy a piece of the metaverse or LAND. The LAND is the digital piece of real estate in the metaverse. By using this LAND the owner can create any reality and experience they desire and want. Once someone buys LAND, the complete ownership of the LAND and everything on the LAND belongs to the owner. A total of 166,464 LANDs are available in the metaverse map that makes Sandbox.

Since there is a limited number of LAND therefore the landowners can also lease their LAND. Renting means that the parties will build fully functional games and worlds on the rented LAND. It is also a method of monetization without much effort. SAND is an ERC-20 token built on the Ethereum blockchain used for all the transactions in Sandbox be it for playing games, buying ASSETS, LANDs, or building or developing avatars.

The Sandbox - play to earn
The Sandbox

Take the Leap

In order to enter the metaverse of Sandbox, a user needs to create a crypto wallet. Sandbox supports MetaMask, Bitski, and Coinbase wallets. The best of these is MetaMask. To get the full experience of this virtual reality one has to create an account on the Sandbox website using the MetaMask wallet. Although Sandbox is not free-to-play and requires an initial investment, however, you will be able to earn back your investment and way more cash in a short period of time. If you still have not joined Sandbox, stop thinking and do it now before it gets too late.

Check out our other promising play to earn game in this blog.

GTA6 will Use Cryptocurrency as in-Game Rewards, Reports

GTA6 & Cryptocurrency

According to reports, the massively popular Grand Theft Auto franchise is heading towards integrating blockchain technology in its upcoming GTA game.

It is said that the game will use a cryptocurrency reward system for gamers in its newest addition Grand Theft Auto 6. The game will hit the market in 2023 or 2024. The report suggests a major upgrade in GTA 6 from its sequel GTA 5.

Talk about blockchain going mainstream, if this happens, it will be massive.

The leak came in from a well-informed Twitter user Watcher.Guru on June 26th. The tweet said, “GTA 6 leaks suggest the story will take place in Columbia/Miami and will include in-game #cryptocurrency rewards for players to earn and trade.”

GTA is a big player in the gaming industry and it might as well include Bitcoin (BTC) as a payment method in its reward system. This step will see two major players in each industry joining hands to usher in a new era of blockchain gaming.

Moreover, Rockstar co-founder and creative lead of Red Dead Redemption, Dan Houser, has also shown interest in blockchain gaming. He is now part of the advisory board of blockchain games firm Revolving Games after taking part in a $13.2 million funding round.

This shows that major developers are gradually embracing blockchain technology’s integration in video games.

As for GTA6, it is under development and despite the recent leak, the plans are intact and going smoothly.

“With the unprecedented longevity of GTAV, we know many of you have been asking us about a new entry in the Grand Theft Auto series.

With every new project we embark on, our goal is always to significantly move beyond what we have previously delivered — and we are pleased to confirm that active development for the next entry in the Grand Theft Auto series is well underway.

We look forward to sharing more as soon as we are ready, so please stay tuned to the Rockstar Newswire for official details,” an announcement from Rockstar Games in February.

BitCoin Video Games

Bitcoin Video Games

Bitcoin is the most popular cryptocurrency in the world. Many businesses now accept bitcoins and as a result, bitcoin prices are rising. Bitcoin can impact traditional payment systems and the video games industry. Bitcoin is based on Blockchain technology it can help to solve the problems of the gaming industry. We already see the gaming industry using cryptocurrencies and many crypto games are in development.

Bitcoin Video Games
Bitcoin Video Gamesgaming consultants

 

 

 

 

 

 

The use of Bitcoin in gaming is a new trend. Many games have introduced the Bitcoin payment system in in-game purchases as well as Esports. So we expect more development of Bitcoin in the gaming market in near future. In this article, we discuss Bitcoins and its impact on the gaming industry.

What is cryptocurrency

Cryptocurrency is a digital currency, unlike traditional currencies like dollars, euro it is based on a decentralized system, and the value is decided by its demand and supply. Unlike dollars and euros, cryptocurrencies have no physical presence some of the popular cryptocurrencies are:

Bitcoin is a type of cryptocurrency that still remains the most popular and valuable cryptocurrency. Bitcoin was launched in 2009. Many people invest their capital in Bitcoins and if  the market is in favor then they can earn huge profits.

Why is Bitcoin popular?

There are a lot of cryptocurrencies available but noother crypto currency comes close to the Bitcoin.. The question everybody asks: Why is Bitcoin so popular?

Cryptocurrencies’ price is based on their demand and supply. Many people prefer Bitcoin because of the security that Blockchain technology offers. Many businesses are accepting Bitcoin as a trading currency, which is the main reason for its popularity (not enough research here). Many formidable companies like Tesla and Samsung are showing interest in Crypto currencies which leads to more and more people flocking towards crypto currencies with their investments.

As it is based on Blockchain technology, there is a very low chance of fraud. The main problem with Bitcoin is the severe fluctuation of prices. A lot of people avoid investing in Bitcoin because its prices are not stable.

Asian video game publisher Nexon buys 100 million worth of Bitcoin

Nexon, a video game publisher, bought 1717 Bitcoin for about $100 million. The average price of a Bitcoin was $58226 including fees and other expenses. This is a huge step by Nexon, total purchase represents less than 2% of companies’ total cash and cash equivalent on hand.

Bitcoin Video Games
Bitcoin Video Games – gaming consultants

 

 

 

 

 

 

 

Other big companies like Tesla and MicroStrategy are exploring the potential of cryptocurrencies,  (no coherence)Nexon’s CEO said that, “In the current economic environment, we believe Bitcoin offers long term stability and liquidity while maintaining the value of cash for future investments.” After seeing such big names showing interest in Bitcoin, we assume that Bitcoin’s price will increase in the near future and we expect more people to show interest in Bitcoins.

Bitcoins and gaming

The gaming industry is booming nowadays, however, we see gaming servers being attacked, and with virtual reality and 5G, this problem may arise. Blockchain technology helps to solve this issue; Blockchain isbased on decentralized system and end-to-end encryption, so the gaming servers are safe. Security is one of the main reasons for Blockchain technology’s popularity.

Using Bitcoin enhances transparency because everyone can see Bitcoins’ transactions. Nowadays, games require you to purchase in-game assets like guns, skins, cars, etc. now; you can use Bitcoins to purchase your in-game assets. (no need, tautology). For transfer, their assets take days for processing payments, but with Bitcoin, you can easily and instantly send payments with no restriction.

How does Bitcoin work in gaming?

You can buy or sell Bitcoin via exchange wallets, which means once those who want to send payment can use bitcoin wallets to send payment (not clear). (repetition, already discussed above).

You can buy games through crypto wallets; Bitcoins can also be used in online fantasy games. Through Blockchain, the overall experience of fantasy games increased(not clear). The platform eliminates the complex verification system and makes the system transparent.

Benefits of Bitcoin Video Games

Cryptocurrency can solve problems related to transactions and fraud in the gaming industry. Here are some benefits of Bitcoin/cryptocurrency in gaming:

Bitcoin works on decentralized systems and removes bureaucracy and intimidators and allows players to enjoy their favorite games and pay quickly. With Bitcoin, you can instantly and easily send payments anywhere in the world.

Bitcoin allows gamers to play games without worrying about security and exchange rates. You can pay anyone without exposing your identity.

The main benefit of bitcoin is its security system; many online games have trust issues. But Bitcoin prevents this fraud transaction because it keeps records of every transaction. Bitcoin also eliminates the risk of hacking and ensures secure and safe payment.

Normal payment systems like credit cards, PayPal require transaction charges but Bitcoin has no hidden charges. In gaming, if you use Bitcoin, there are no hidden charges and fees and because of peer-to-peer transactions, you need not to worry about payment security.

Sometimes,  in-game purchases requires you to share your personal information. If you are not comfortable sharing your personal information you can use Bitcoin for these payments.

Final words BitCoin Video Games

As we see there is considerable development in the Bitcoin and gaming industry. Bitcoin is popular but expensive; many prominent players promoting Bitcoins expect it to be more popular in the future. New technologies are coming in the field of gaming like VR, with these new changes we need a secure system where Bitcoin and Blockchain can help. Bitcoins are helpful in online fantasy games, sports fantasy, and many people now use Bitcoin in fantasy games because of its security system.

In the gaming industry Bitcoin can solve many problems related to Esports and gaming. The main problem with Bitcoin is its fluctuating prices. But there are many other benefits of Bitcoins like end-to-end encryption, secure payment, etc. But all in all, we can expect some major developments in the near future.

If you wish more details about how gaming can work with crypto’s, contact gaming consultants.

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