What's Up With Blockchain & Games?

What's Up With Blockchain & Games?

Play To Earn Games | 22 Mar 2024 17:06 UTC

Blockchain Tech and Video Games, what is all the Fuss About? People have stopped using traditional ways to make money because crypto, NFT, and blockchain-based games have so much potential.

Nowadays the trendy buzzwords in the tech world are NFTs, cryptocurrency, blockchain, DeFi, and more. And the video game industry has also picked up with the newest trend as it did in the past with others.

What's Up With Blockchain Tech & Video Games?
What's Up With Blockchain Tech & Video Games?

In the past, the gaming industry hopped on the bandwagon with the success of genres like battle royale which gave birth to PUBG and Fortnite. We also saw the industry embracing the trend with Pokemon GO and League of Legends. How about now?

Currently, blockchain technology has attracted massive attention, investors, developers, and publishers amid a plethora of confusion and murkiness. The concepts that are behind the trendy concepts have already been realized in video games.

In the past three years or so, investors have poured a lot of money into the gaming companies to pursue blockchain games. The glittery concept of decentralized databases combined with NFTs is what attracts investors nowadays. Big gaming companies have assured their stakeholders that they too are keeping up with the new trends.

EA’s CEO Andrew Wilson said that NFT's, “an important part of the future, and its still early to kind of figure out how that’s going to work.” Similarly, Ubisoft’s Yves Guillemot terms blockchain as a revolution and Ubisoft plans to become a key player in this domain.

Despite all the hype, no gaming company has explained how blockchain technology is or can become a revolution in gaming. NFT enthusiasts propagate that users can own digital assets, fashion items, avatars, and more with the freedom to use it from one game to another using blockchain tech to prove ownership.

But what a player owns is just a sequence of alphabets and numbers. Moreover, why would digital objects of rival companies work on each other’s platforms?

A possible and practical realization seems in a way where only one gaming company with multiple games of its own will allow this feature. It seems like gaming companies are investing in blockchain technology because one day it might become something big.

What's Up With Blockchain Tech & Video Games?
What's Up With Blockchain Tech & Video Games?

Zynga’s new hire VP of blockchain said, “I think it's part of the fabric of the industry long term,” he said. “In the short term, I think it's going to be a meme here in a minute. I'm OK with that because I think the underlying fundamentals are positive.”

Axie Infinity is leading from the front, its mechanics are complicated but it assures players can buy monsters, groom them and later sell them for real money. However, the game requires a user to pay $1500 upfront to get started.

Play to Earn Gaming News

Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You'll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games.

Check out our Top Games and game lists to discover the best play-to-earn games. And don't forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you'll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.

Want to stay updated about Play-To-Earn Games?

Join our weekly newsletter now.

See All
Discover Epic Ragmons in Ragnarok: Monster World - NFTs and More!

Discover Epic Ragmons in Ragnarok: Monster World - NFTs and More!

Get ready to meet the Ragmons, the new stars of Ragnarok: Monster World! These unique creatures will revolutionize your strategic tower defense battles. Divided into five rarities—Common, Rare, Epic, Legendary, and Mythic—each Ragmon boasts exclusive skills and movesets. Imagine creating diverse decks tailored to your strategies! At launch, expect 30-40 Ragmons, with new ones added every season to keep the gameplay fresh. Are Ragmons NFTs? You bet! They're available as off-chain characters and on-chain NFTs, making the game accessible for Web2 gamers while offering ownership options for NFT enthusiasts. The Web3 integration ensures balanced gameplay with no unfair advantages. Plus, you can convert off-chain creatures into NFTs! Collect and level up your Ragmons through exciting events, quests, Gacha, and Lottery events. Use the Level Up Merge feature to enhance your Ragmons' levels. Remember, merging isn’t always guaranteed, adding an extra layer of strategy to the game.

Read more
Wild Forest's Insane Pre-Release NFT Sale on Ronin Blockchain!

Wild Forest's Insane Pre-Release NFT Sale on Ronin Blockchain!

You won’t believe what’s coming! Wild Forest is about to drop its insane pre-release NFT sale on May 23rd, offering over 13,000 exclusive NFT packs. This web3-enabled RTS game on the Ronin Blockchain lets you build bases, gather resources, and crush opponents in a style reminiscent of classics like Warcraft and Starcraft. Dive into the action with Play-to-Airdrop events, where you can earn points on the "Honor Leaderboard" by advancing in the battle pass, owning Wild Forest NFTs, and engaging with the community. The market is buzzing with high demand for these NFTs, so don’t miss your chance to secure your spot and grab those Standard, Premium, and Founder packs. Join the Wild Forest revolution and gear up for this epic adventure in web3 gaming!

Read more
Param Labs Snags $7M for Kiraverse and Web3 Gaming

Param Labs Snags $7M for Kiraverse and Web3 Gaming

Param Labs just snagged a whopping $7 million in funding for their awesome web3 game, Kiraverse! This round was led by big names like Animoca Brands and Delphi Ventures, along with many other top-tier investors. The funds will boost Kiraverse and their innovative Pixel to Poly service, which converts 2D images into 3D avatars. Param Labs is on fire with over 2.5 million Twitter followers and 300,000 daily active users. And that’s not all! They’re building an Ethereum-based blockchain to revolutionize their gaming ecosystem. With strategic advisors and epic partnerships, Param Labs is set to redefine web3 gaming. Stay tuned for more exciting updates!

Read more

Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
No obligationsFree to use