Crypto-games and NFT games represent different market segments. Crypto-games use cryptocurrency to earn money and make transactions between players. NFT games use native currency to create and collect unique NFTs, which in turn can be used to perform certain actions in the game or stored and sold.
Why does gamification need blockchain?
Video games are a fairly closed industry, with gamers confined to their dorm rooms, couches, consoles, mobile devices, but primarily the gaming environment. Players come into contact exclusively with the game and its tools (usually collectibles that affect a game character’s abilities or appearance) and only interact with characters within the game that are not connected to the real world.
In addition, most online and offline games can be modified or hacked, giving some players an unfair advantage over others.
Decentralized games offer players what they need: a transparent, immutable and fair system that eliminates the possibility of fraud and allows players to still earn money in the game, not just spend.
Beyond these benefits, blockchain opens up a whole new horizon for developers in a virtually unlimited and vast infrastructure, providing opportunities to integrate an endless array of modules and technologies ranging from VR, AR, cost-effective pseudo-random number generators, and more. Together, these technologies take games beyond handheld interfaces.
The challenges of blockchain gaming
Despite the tremendous promise, blockchain gaming has its drawbacks. One of them is the transfer fee, which can often “eat up” a large portion of a player’s income. Another is the loss of data and the need to reward those who maintain the game universe networks. User interface and experience are also a major barrier to the adoption of blockchain-based games. Finally, blockchains continue to scale poorly, and money laundering using NFT is considered a new form of crime.
