Every game enthusiast reading will be keen to know about the latest in technological developments and gaming. This article looks at how companies such as PlayDapp are making use of blockchain technology when creating interesting games.
It is vital that people see blockchain as necessary for game success. It’s only a matter of time after the first blockchain success story is revealed and confirmed that companies making video games can start bringing in money and take advantage of up and coming blockchain technology. From sandbox games to gambling based ones such as book of ra tricks, the gaming market is likely to see some exciting future changes.
A lot of experts in the field point to gaming as a true area where blockchain is bound to make a substantial difference. Gaming enthusiasts know an awful lot about virtual asset trading and analysis is suggesting that blockchain-based games will become ever more popular in the public eye.
Recently Korea hosted an official week-long Blockchain appreciation event held in Seoul at the Grand InterContinental hotel. Participants and key industry experts all predicted that games are going to take blockchain to a new level with many more blockchain-based types due to hit shelves soon. This inspirational digital architecture will create all sorts of new opportunities for in-game systems.
Recently an entrepreneur Kevin Chu founded a gaming platform Forte after setting up a famous studio for gaming development. He was very eager to embrace blockchain and its potential as soon as possible despite trends of decreasing money made from gaming since the early Millenium. Chiu predicts that a lot more people will start making money from them if blockchain architecture is applied. New and interesting economic systems will emerge within new games on the market.
The company has invested an ambitious $25 million in blockchain and its application to gaming. As people begin trusting one another they can begin trading in digital ways by exchanging cryptocurrency for digital items, even forming high price valuable items. They want to create the kind of “70th home run ball of Mark McGuire” high price items within games for buying and selling.
At the company PlayDapp, the head of strategic development Sung Choi has told the world about the benefits of harmony between blockchain and gaming. He looks towards projects such as e-sport services and others whereby people can compete and trust one another. They want to take ownership of the idea of assigning items to various users via blockchain.
PlayDapp has also spoken highly of the ability for blockchain connecting games together, for instance being able to open hypothetical treasure chests in a fantasy-based new video game by finding a key from a different game. Blockchain will allow gamers to get a sense of ownership with any items they have, helping implement systems of trust and ultimately mass trade.
Game markets are changing
It is clear that as games develop, markets needs to take into account technological changes. Gamers have already started to harness blockchain’s power. Companies such as PlayDapp are a testament to this and the success of this digital architecture. It’s an exciting future for enthusiasts worldwide.
Are we likely to see more blockchain-based video games? Let us know your thoughts in our comments section below.
Thomas Glare is a freelance copywriter who also runs his very own Gaming blog. He is also a frequent moderator on all sorts of gaming forums. In his spare time, Thomas likes to swim and play cricket for his local team.