One bright light in the current blockchain realm is gaming. We wonder, will gaming sustain the blockchain and crypto world as regulation takes hold and sorts out crypto itself.
https://youtu.be/a86eEgP9iPM
Blockchain in gaming comes with the same share of advantages like blockchain in any other industries. Blockchain for gaming enhances transparency within the segment.
FANSPEL IS THE CRYPTO BASED FANTASY SPORTS PLATFORMDanialjack
Fanspel is the gaming platform that offers the sports that’s are connected to real time games.Fanspel gaming platform is designed for sports fan to showcase their skills and knowledge about the sports.
https://www.fanspel.com/
Chorus One provides infrastructure services for Proof-of-Stake networks. We enable token holders to securely earn interest on their cryptoassets and to shape the evolution of the decentralized networks they are invested in.
This report is the by-product of an in-depth analysis that Chorus One carried out in the process of evaluating whether to run a validator node on the Loom Network. This process included interviews with key team members and research on all publicly available information on the Loom Network. It covers important aspects such as the Loom Network's value proposition, technology, strategy, token economics, and potential risk factors. The report dives deep into the opportunity of crypto and gaming, which is Loom's focus market. The goal of this report is to provide the reader with an encompassing view of the Loom Network, how Loom fits into the gaming and blockchain ecosystem, and the staking opportunity associated with the LOOM token.
Ethereum dapps list you need to know in 2018Ali Raza
Ethereum Dapps List: As the Ethereum is providing the platform for dapps to work properly, the ethereum dapps list is growing day by day. We are witnessing the new coming projects on ethereum platform.
It is a completely decentralized smart contract-based i-Gaming Crypto platform deployed on the Tron blockchain, and that act mostly like Betfury. This Betfury clone allows users to be able to gamble and use DeFi features like staking, dividend pool, etc. Similar to Betfury which can be made dividend pool and uses an off-chain betting system.
Are you looking for the next Bitcoin? Here you have it! the 12 best cheapest cryptos to buy with potential we are keeping an eye on!
You may ask what do we mean by “potential”? And we say the potential to be the next Bitcoin, to have a high ROI, or simply to have a good project behind.
Some of these cryptos are very new in the market and some have been around for a while but all of them share one thing in common: they are cheap! So if you want to invest in crypto but don’t want to spend too much money, this is the list for you.
Blockchain in gaming comes with the same share of advantages like blockchain in any other industries. Blockchain for gaming enhances transparency within the segment.
FANSPEL IS THE CRYPTO BASED FANTASY SPORTS PLATFORMDanialjack
Fanspel is the gaming platform that offers the sports that’s are connected to real time games.Fanspel gaming platform is designed for sports fan to showcase their skills and knowledge about the sports.
https://www.fanspel.com/
Chorus One provides infrastructure services for Proof-of-Stake networks. We enable token holders to securely earn interest on their cryptoassets and to shape the evolution of the decentralized networks they are invested in.
This report is the by-product of an in-depth analysis that Chorus One carried out in the process of evaluating whether to run a validator node on the Loom Network. This process included interviews with key team members and research on all publicly available information on the Loom Network. It covers important aspects such as the Loom Network's value proposition, technology, strategy, token economics, and potential risk factors. The report dives deep into the opportunity of crypto and gaming, which is Loom's focus market. The goal of this report is to provide the reader with an encompassing view of the Loom Network, how Loom fits into the gaming and blockchain ecosystem, and the staking opportunity associated with the LOOM token.
Ethereum dapps list you need to know in 2018Ali Raza
Ethereum Dapps List: As the Ethereum is providing the platform for dapps to work properly, the ethereum dapps list is growing day by day. We are witnessing the new coming projects on ethereum platform.
It is a completely decentralized smart contract-based i-Gaming Crypto platform deployed on the Tron blockchain, and that act mostly like Betfury. This Betfury clone allows users to be able to gamble and use DeFi features like staking, dividend pool, etc. Similar to Betfury which can be made dividend pool and uses an off-chain betting system.
Are you looking for the next Bitcoin? Here you have it! the 12 best cheapest cryptos to buy with potential we are keeping an eye on!
You may ask what do we mean by “potential”? And we say the potential to be the next Bitcoin, to have a high ROI, or simply to have a good project behind.
Some of these cryptos are very new in the market and some have been around for a while but all of them share one thing in common: they are cheap! So if you want to invest in crypto but don’t want to spend too much money, this is the list for you.
Create UNLIMITED NFTs Instantly With Just 1-Click
Create In-Demand, High-Value NFT Collections
No Coding Skills Required – It’s 100% Cloud-Based
You Don’t Need To Buy, Trade Or Invest Crypto
Easy-To-Use Drag & Drop Designer & Editor
Customize Your NFTs With Ease
No Graphic Design Skills Required
COMMERCIAL LICENSE INCLUDED
Play to Earn games are a new trend in gaming that's quickly catching on. The main value of a play to earn game comes from the currency earned within the platform. While not all play to earn games are created equal, the majority of these games use native tokens for in-game purchases and trading among players. The game's economic model should also be simple enough to encourage players to play and earn for the game's items.
In early 2009, an anonymous developer (or group) launched the cryptocurrency known as Bitcoin.This developer went by the name Satoshi Nakamoto. In the years since, the technology that makes Bitcoin possible has taken on a life of its own, and numerous other cryptocurrencies have sprung up to compete with it. To an outside observer, today's cryptocurrency market might appear to be little more than a group of similar offerings all competing for the attention of investors.
There's quite a bit of variance between today's cryptocurrencies. They rely on different versions of the original blockchain technology that powers Bitcoin, and not all of them are designed to function like fiat currencies. Making sense of it all requires careful study and a fairly extensive understanding of how cryptocurrencies work under the hood.
As a guide for those not immersed in the intricacies of crypto-technology, here's a look at the four major types of cryptocurrency, and what they're good for.
Decentralized games: a short presentation on quite a long topic.
The digital gaming industry (among other industries) is going to be disrupted like never before.
In this Presentation, we look into blockchain applications in the gaming Industry, value added it provides and obstacles and hurdles in its deployment.
Brugu Software Solutions offers a complete Gaming Experience For Players With NFT Gaming Platform Development
In many circumstances, you may have become stuck with the only word in today’s blogs, publications, and social media platforms: NFTs. The cryptocurrency market’s rise in a short period of time may be boiled down to only two factors. Its distinct qualities and characteristics. Humankind’s two features are unraveling the mystery and inspecting something unique, and both of these can be attributed to the market’s unexpected boom and focus on crypto-collectibles.
Top 20 Cryptocurrencies Worth Checking Out In 2022.pdfCharles Sylvester
I'll Show You How to Make Huge Money with Totally Automated Crypto Trading Robots.
It Is a Completely Passive Money Making Method.
It is no problem if you are an absolute beginner (without any skill or experience). You will be able to understand it all and put it into practice, since everything is introduced in great detail!
Non-Fungible Tokens or NFT’s are digital assets that represent real-world objects like arts, music, in-game items, and videos. NFTs will revolutionize the way we look at them and open new revenue opportunities.
GameFi Report 2023: GameFi Levels Up | CoinGeckoCoinGecko
Early crypto games launched way back in 2017, with CryptoKitties becoming the earliest craze, causing congestion on the Ethereum network. CryptoKitties led to the creation of the ERC-721 NFT standard, and the first game-centric chain Flow.
The First GameFi Wave in 2021, ushered in by Axie Infinity and later StepN brought new GameFi trends such as Play-to-Earn (P2E) and Move-to-Earn (M2E). Blockchain games across a variety of genres quickly followed, and quickly spread beyond Ethereum onto more performant chains with cheaper gas fees.
While most of these games eventually collapsed due to overly-simplistic gameplay and unsustainable tokenomics, a few of them such as Alien Worlds, Farmers World, Splinterlands and Axie Infinity have survived until today, albeit with a much smaller community of active addresses. Compared to the peak of GameFi in November 2021, the number of active participating addresses have declined by 57.9% to 837k.
We’ve summarized the key highlights, but be sure to dig into the full 21 slides below.
This document explain what is Metaverse? Metaverse meaning and how it work? It contain metaverse examples. You can learn about metaverse studio, metaverse technology and metaverse virtual reality.
Here you can get more details in our metaverse blog
https://yaykar.com/
The idea of a persistent, networked, 3D cosmos that combines many virtual spaces is
known as the metaverse. It can be compared to the internet in the far future. Users
will be able to collaborate, interact, mingle, and play together in these 3D places
thanks to the metaverse
Although the metaverse isn't entirely realised, certain systems include components
that are similar to it. At the moment, playing video games offers the closest metaverse
experience available. Through the holding of in-game occasions and the development of
virtual economies, developers have expanded the denition of what a game is.
Cryptocurrencies can be a perfect t for a metaverse, however they are not
necessary. They enable the development of a digital economy with various utility token
kinds and digital valuables (NFTs). Cryptographic wallets like Trust Wallet and MetaMask would be useful for the metaverse. Additionally, blockchain technology can
offer dependable and transparent governance structures
Applications that resemble blockchain and the metaverse already exist and give
individuals a living wage. Many people play the play-to-earn game Axie Innity to
supplement their income. Other successful instances of fusing the blockchain and
virtual reality apps are Second Live.
When we look to the future, big tech giants are trying to lead the way. However, the
decentralized aspects of the blockchain industry is letting smaller players
participate in the metaverse’s development as well
The idea of a 3D online virtual realm called the metaverse connects individuals from
all facets of their existence. It would link several platforms, much as how the internet connects various websites that may be accessed using a single browser.
The idea was developed in Neal Stephenson's science ction book Snow Crash. Although
the concept of a metaverse was long considered to be a myth, it now appears that it
might become a reality in the near future
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
1. What Is Cryptocurrency?
2. How DoCryptocurrencies Work?
3. How Are The Cryptocurrencies Value Determined?
4. What Is Cryptocurrency Used For?
5. Why Cryptocurrency?
Investment advisors use the word outperform to describe how Bitcoin and altcoins Solana and Cardano have been doing. This is a way of saying that an investment is doing well while withholding judgment as to why, how, or any future performance. It does give any in terms of when to buy and when to sell Bitcoin.
https://youtu.be/OLMY91gzTHc
The rewards of using investment leverage can be impressive. However, the dangers of investment leverage are such that one needs to proceed with caution.
https://youtu.be/1c43BKp4PPY
Create UNLIMITED NFTs Instantly With Just 1-Click
Create In-Demand, High-Value NFT Collections
No Coding Skills Required – It’s 100% Cloud-Based
You Don’t Need To Buy, Trade Or Invest Crypto
Easy-To-Use Drag & Drop Designer & Editor
Customize Your NFTs With Ease
No Graphic Design Skills Required
COMMERCIAL LICENSE INCLUDED
Play to Earn games are a new trend in gaming that's quickly catching on. The main value of a play to earn game comes from the currency earned within the platform. While not all play to earn games are created equal, the majority of these games use native tokens for in-game purchases and trading among players. The game's economic model should also be simple enough to encourage players to play and earn for the game's items.
In early 2009, an anonymous developer (or group) launched the cryptocurrency known as Bitcoin.This developer went by the name Satoshi Nakamoto. In the years since, the technology that makes Bitcoin possible has taken on a life of its own, and numerous other cryptocurrencies have sprung up to compete with it. To an outside observer, today's cryptocurrency market might appear to be little more than a group of similar offerings all competing for the attention of investors.
There's quite a bit of variance between today's cryptocurrencies. They rely on different versions of the original blockchain technology that powers Bitcoin, and not all of them are designed to function like fiat currencies. Making sense of it all requires careful study and a fairly extensive understanding of how cryptocurrencies work under the hood.
As a guide for those not immersed in the intricacies of crypto-technology, here's a look at the four major types of cryptocurrency, and what they're good for.
Decentralized games: a short presentation on quite a long topic.
The digital gaming industry (among other industries) is going to be disrupted like never before.
In this Presentation, we look into blockchain applications in the gaming Industry, value added it provides and obstacles and hurdles in its deployment.
Brugu Software Solutions offers a complete Gaming Experience For Players With NFT Gaming Platform Development
In many circumstances, you may have become stuck with the only word in today’s blogs, publications, and social media platforms: NFTs. The cryptocurrency market’s rise in a short period of time may be boiled down to only two factors. Its distinct qualities and characteristics. Humankind’s two features are unraveling the mystery and inspecting something unique, and both of these can be attributed to the market’s unexpected boom and focus on crypto-collectibles.
Top 20 Cryptocurrencies Worth Checking Out In 2022.pdfCharles Sylvester
I'll Show You How to Make Huge Money with Totally Automated Crypto Trading Robots.
It Is a Completely Passive Money Making Method.
It is no problem if you are an absolute beginner (without any skill or experience). You will be able to understand it all and put it into practice, since everything is introduced in great detail!
Non-Fungible Tokens or NFT’s are digital assets that represent real-world objects like arts, music, in-game items, and videos. NFTs will revolutionize the way we look at them and open new revenue opportunities.
GameFi Report 2023: GameFi Levels Up | CoinGeckoCoinGecko
Early crypto games launched way back in 2017, with CryptoKitties becoming the earliest craze, causing congestion on the Ethereum network. CryptoKitties led to the creation of the ERC-721 NFT standard, and the first game-centric chain Flow.
The First GameFi Wave in 2021, ushered in by Axie Infinity and later StepN brought new GameFi trends such as Play-to-Earn (P2E) and Move-to-Earn (M2E). Blockchain games across a variety of genres quickly followed, and quickly spread beyond Ethereum onto more performant chains with cheaper gas fees.
While most of these games eventually collapsed due to overly-simplistic gameplay and unsustainable tokenomics, a few of them such as Alien Worlds, Farmers World, Splinterlands and Axie Infinity have survived until today, albeit with a much smaller community of active addresses. Compared to the peak of GameFi in November 2021, the number of active participating addresses have declined by 57.9% to 837k.
We’ve summarized the key highlights, but be sure to dig into the full 21 slides below.
This document explain what is Metaverse? Metaverse meaning and how it work? It contain metaverse examples. You can learn about metaverse studio, metaverse technology and metaverse virtual reality.
Here you can get more details in our metaverse blog
https://yaykar.com/
The idea of a persistent, networked, 3D cosmos that combines many virtual spaces is
known as the metaverse. It can be compared to the internet in the far future. Users
will be able to collaborate, interact, mingle, and play together in these 3D places
thanks to the metaverse
Although the metaverse isn't entirely realised, certain systems include components
that are similar to it. At the moment, playing video games offers the closest metaverse
experience available. Through the holding of in-game occasions and the development of
virtual economies, developers have expanded the denition of what a game is.
Cryptocurrencies can be a perfect t for a metaverse, however they are not
necessary. They enable the development of a digital economy with various utility token
kinds and digital valuables (NFTs). Cryptographic wallets like Trust Wallet and MetaMask would be useful for the metaverse. Additionally, blockchain technology can
offer dependable and transparent governance structures
Applications that resemble blockchain and the metaverse already exist and give
individuals a living wage. Many people play the play-to-earn game Axie Innity to
supplement their income. Other successful instances of fusing the blockchain and
virtual reality apps are Second Live.
When we look to the future, big tech giants are trying to lead the way. However, the
decentralized aspects of the blockchain industry is letting smaller players
participate in the metaverse’s development as well
The idea of a 3D online virtual realm called the metaverse connects individuals from
all facets of their existence. It would link several platforms, much as how the internet connects various websites that may be accessed using a single browser.
The idea was developed in Neal Stephenson's science ction book Snow Crash. Although
the concept of a metaverse was long considered to be a myth, it now appears that it
might become a reality in the near future
By the end of this e-book, you’ll certainly know more about cryptocurrency
than most people out there.For this first chapter, we will be covering 5 topics:
1. What Is Cryptocurrency?
2. How DoCryptocurrencies Work?
3. How Are The Cryptocurrencies Value Determined?
4. What Is Cryptocurrency Used For?
5. Why Cryptocurrency?
Investment advisors use the word outperform to describe how Bitcoin and altcoins Solana and Cardano have been doing. This is a way of saying that an investment is doing well while withholding judgment as to why, how, or any future performance. It does give any in terms of when to buy and when to sell Bitcoin.
https://youtu.be/OLMY91gzTHc
The rewards of using investment leverage can be impressive. However, the dangers of investment leverage are such that one needs to proceed with caution.
https://youtu.be/1c43BKp4PPY
Are Private Digital Tokens On Their Way Out?InvestingTips
In the aftermath of crypto winter regulators are busy cleaning up after crypto excesses and outright fraud. Bitcoin took a big hit and has now recovered to more than half of its 2021 peak. Nevertheless, there are now predictions that private digital tokens are on their way out.
https://youtu.be/78smq3UVjLo
Here is where options traders will remind you that by trading options you can make money as the market falls and not just when it is going up. So, when should investors trade options?
https://youtu.be/xgoOVxDLdLc
Will Northrup Grumman Go Into Commercial Aviation?InvestingTips
In this regard a new company with a fresh idea with backing by defense contractor Grumman is worth one’s attention. The bottom line is this. Will Northrop Grumman go into commercial aviation?
https://youtu.be/j80l5fyWlo0
An idea that has attracted attention is the use of privacy pools. What are privacy pools and how would a privacy pool work? Can these balance privacy and regulation to a degree that everyone is happy?
https://youtu.be/_4DLSVLat7g
How CFTC Rules Protected a Crypto BusinessInvestingTips
The collapse of FTX was a devasting blow to the crypto world. Billions of dollars in crypto assets were lost. LedgerX, a still-solvent subsidiary of FTX went up for sale at the end of 2022 and is still operating. This is about how CFTC rules protected a crypto business from the parent company’s light-fingered owner.
https://youtu.be/MgnooZ_Cp_4
Blockchain Tech in the Wake of Crypto WinterInvestingTips
Something good happened due to the huge losses that many incurred. Folks who were only interested in a quick buck have largely gone away. Those who remain are more likely to be interested in blockchain tech in the wake of crypto winter.
https://youtu.be/WzpBS8gKkyI
Investors are generally happy that the worst fears of runaway inflation versus a severe recession were not realized in 2023. Nevertheless, there are still economic and investment risks for 2024 to be considered.
https://youtu.be/wBzD8WW16P8
Bitcoin Viability As a Long Term InvestmentInvestingTips
Bitcoin has gone back up in value and is being promoted again by investment managers. Is there Bitcoin viability as a long term investment?.
https://youtu.be/jf1xp9Cveh4
What are the investment possibilities of Bitcoin versus NFTs today? When looking at these two investment possibilities, one has a fixed maximum that will ever be produced. The other suffers from production of more than the market is interested in.
https://youtu.be/tsRWaaaMcr4
Banks are looking at the downside of a digital dollar. Would a digital dollar hurt banks? Such an entity could end up sucking out bank deposits and putting a lot of banks out of business.
https://youtu.be/XyGteJzhngo
Short term up and down movements in crypto prices have to do with short-term market sentiment. Movements over the longer term have to do with fundamentals that drive crypto as well as other markets such as the stock market. That having been said, will 2024 be a good year for crypto?
https://youtu.be/Zz9zUvbqZpk
What are the obligations of a crypto business? How are some crypto businesses now paying a price for forgetting this part of doing business?
https://youtu.be/8PAEU0g5pdE
One reason that governments want to regulate cryptocurrencies is their use by terrorists to finance their operations. Does crypto finance terrorism and, if so, how does that work?
https://youtu.be/AeWLcHK_rx4
What happens when someone reneges on a crypto blockchain business deal? How can such problems be resolved or mediated? What rules could or should apply when problems arise? A question at the bottom of this issue is this. Are smart contracts legal?
https://youtu.be/q8tsUwaHsdo
Part of what we are seeing today is the dealing with specific crypto-related crimes. Part is sorting out who makes the rules that crypto needs to follow. We wonder this. Can the law fix crypto’s problems?
https://youtu.be/VjGIk5aYFac
A lukewarm future is about the best that many see for crypto. We are reminded of Apple when it was so desperate that it accepted a $150 million bailout from Bill Gates and archrival Microsoft. Today we see Apple as the model for crypto’s future.
https://youtu.be/ZIQXs0j7jlE
ys jagan mohan reddy political career, Biography.pdfVoterMood
Yeduguri Sandinti Jagan Mohan Reddy, often referred to as Y.S. Jagan Mohan Reddy, is an Indian politician who currently serves as the Chief Minister of the state of Andhra Pradesh. He was born on December 21, 1972, in Pulivendula, Andhra Pradesh, to Yeduguri Sandinti Rajasekhara Reddy (popularly known as YSR), a former Chief Minister of Andhra Pradesh, and Y.S. Vijayamma.
Future Of Fintech In India | Evolution Of Fintech In IndiaTheUnitedIndian
Navigating the Future of Fintech in India: Insights into how AI, blockchain, and digital payments are driving unprecedented growth in India's fintech industry, redefining financial services and accessibility.
27052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
हम आग्रह करते हैं कि जो भी सत्ता में आए, वह संविधान का पालन करे, उसकी रक्षा करे और उसे बनाए रखे।" प्रस्ताव में कुल तीन प्रमुख हस्तक्षेप और उनके तंत्र भी प्रस्तुत किए गए। पहला हस्तक्षेप स्वतंत्र मीडिया को प्रोत्साहित करके, वास्तविकता पर आधारित काउंटर नैरेटिव का निर्माण करके और सत्तारूढ़ सरकार द्वारा नियोजित मनोवैज्ञानिक हेरफेर की रणनीति का मुकाबला करके लोगों द्वारा निर्धारित कथा को बनाए रखना और उस पर कार्यकरना था।
Welcome to the new Mizzima Weekly !
Mizzima Media Group is pleased to announce the relaunch of Mizzima Weekly. Mizzima is dedicated to helping our readers and viewers keep up to date on the latest developments in Myanmar and related to Myanmar by offering analysis and insight into the subjects that matter. Our websites and our social media channels provide readers and viewers with up-to-the-minute and up-to-date news, which we don’t necessarily need to replicate in our Mizzima Weekly magazine. But where we see a gap is in providing more analysis, insight and in-depth coverage of Myanmar, that is of particular interest to a range of readers.
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
role of women and girls in various terror groupssadiakorobi2
Women have three distinct types of involvement: direct involvement in terrorist acts; enabling of others to commit such acts; and facilitating the disengagement of others from violent or extremist groups.
In a May 9, 2024 paper, Juri Opitz from the University of Zurich, along with Shira Wein and Nathan Schneider form Georgetown University, discussed the importance of linguistic expertise in natural language processing (NLP) in an era dominated by large language models (LLMs).
The authors explained that while machine translation (MT) previously relied heavily on linguists, the landscape has shifted. “Linguistics is no longer front and center in the way we build NLP systems,” they said. With the emergence of LLMs, which can generate fluent text without the need for specialized modules to handle grammar or semantic coherence, the need for linguistic expertise in NLP is being questioned.
2. The world of cryptocurrencies, which runs on
blockchain technology, is enduring a prolonged
crypto winter. Token values are down, some crypto
companies are going bankrupt, and many long term
holders who previously believed that crypto was
forever are selling their tokens. Meanwhile, we need
to remind ourselves that the blockchain technology
that underlies cryptocurrencies is good for more than
mining tokens.
3. We did note some time back that the crypto companies
that prosper over time will be linked to practical uses
of the blockchain whether they include the use of
crypto tokens or not. One bright light in the current
blockchain realm is gaming. We wonder, will gaming
sustain the blockchain and crypto world as regulation
takes hold and sorts out crypto itself?
5. For those of you who are unfamiliar with games
supported by blockchain technology here is the basic
version. Games in the blockchain universe are just
games pretty much like any others. However, in other
online games a person’s winnings or points can only be
applied to the game they are playing. The game is
centralized. The blockchain universe is decentralized
so in blockchain games one’s winnings or points can be
used in other games as well.
6. The vehicles for transferring such winnings are, you
guessed it, cryptocurrencies. Not only are winnings
transferable but aspects of a game are created as NFTs
or non-fungible tokens. These NFTs can be acquired in
the game and held as assets or used for advantage in
the game or sold as NFTs. In this way there are
blockchain games that hold the potential for earning
by playing.
9. Ethereum is leading the charge into blockchain gaming
but, as the niche grows, the demand exceeds
Ethereum’s capacity. This fact, plus normal
competition leaves room for folks like ImmutableX,
Polygon and Flow according to a report by the World
Economic Forum. The eight blockchain gaming
companies to pay attention to include the following:
11. Many players are attracted to these games by their profit
potential. As noted by GameofLife, not everyone
profits but the potential is there. The potential value of
NFTs tied to various blockchain games will likely
depend upon the game’s popularity which, in general,
depends upon how interesting and addictive it is. As
far as how profitable this niche will be for blockchain
companies, Ethereum is a case in point.
12. They are having to find ways to scale their system to
keep up with demand while keeping operating costs
within reason. This, it seems to us, is normal business
growth and a good sign for the long term health of
Ethereum and the Ether token as we firmly believe
that the long term future of cryptocurrencies and the
underlying blockchain will be in its practical uses
rather than as a place to speculate in search of profits.
14. Like the Metaverse, blockchain gaming is in its infancy.
More games will come. Companies will come and go
and the most interesting and compelling games owned
by folks who competently run their businesses will
survive and flourish. The Metaverse, in fact, will likely
propel blockchain games to greater and greater success
as that realm develops and irons out its own issues of
bandwidth and network availability.
15. We see no reason to think that games that offer a profit
from playing them will not become more and more
popular with one exception. The world of
cryptocurrencies needs to stabilize and that probably
means more regulation, weeding out fraud, and
creating a safe system for growing and holding wealth.
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