The cryptocurrencies and gaming industries have greatly increased in the past years, with more people becoming interested in how and where to buy Bitcoin. This was due in a great way because of the pandemic, as at that time, people were stuck at home and didn’t have many options, so they started investing in cryptos and playing video games more than ever. But lately, the two industries have emerged, and this is how the cryptocurrency gaming market was created. In this mix, people play to earn digital coins, which we must all agree that sounds like something fantastic anyone might want to try.
Cryptocurrencies have become more considered in many sectors, and gaming is no exception. This fact was particularly made with the help of Ethereum, a decentralized platform that brought many innovations in the crypto sector. Also, Bitcoin with the bitc price USD has an important part of why cryptocurrencies have been integrated in the gaming industry, as it was the first digital coin ever created.
So, let’s learn more about how cryptocurrencies are transforming the gaming industry.
Ethereum, the reason why cryptocurrencies have become popular in the gaming industry?
Ethereum is the second largest cryptocurrency and an alternative that is more considered lately. It is a platform that manages assets and finances and offers peer-to-peer transactions. Ethereum brought many innovations in the crypto world, as on these platforms, users can create NFTs and develop smart contracts and decentralized applications. Because they offer so many alternatives, they began to be considered in many industries, including gaming.
Also, blockchain technology has brought many advantages for gamers and is slowly revolutionizing this sector. Blockchain makes gaming more secure as it has data encryption, and in this way, everyone who uses this platform is safer on the internet, as the risk of hackers stealing data decreases considerably. Blockchain also provides users with a transparent ledger that allows players to track their assets and transactions more efficiently. The decentralized markets benefit from a transparent and open economy, where gamers can sell, buy and trade assets without intermediaries. Also, most of the game on the blockchain is community-operated, and players decide about future updates and the general direction towards the network is heading.
Blockchain gaming allows gamers to own in-game assets, making the experience even more exciting and giving a competitive edge over the other alternatives that can be found on the market. These items can be characters, 3D props, tools, weapons, and anything you can imagine. They are stored on the blockchain as NFTs and are unique and verifiable innovations.
The relationship between Ethereum and gaming
Because Ethereum is a programmable blockchain, it can create apps and games. This is possible because Ethereum is a decentralized technology where users can contribute to the blockchain. The Ethereum network has interactive game tutorials from where developers can learn how to develop smart contracts and identify any errors that can appear in the program blocks. This helps lots of individuals who want to enter the gaming sector and create new tokens.
The first gaming project on the blockchain network was CryptoKitties, a game developed on the Ethereum platform. It was an interesting game where you could breed and collect digital cats. The game also increased the transactions on the network, as each cat was a unique NFT, and therefore, they were the perfect option for sale.
The best games that use the Ethereum Blockchain
Crypto games allow players to earn and spend virtual coins instead of fiat money. Players can also earn NFTs instead of virtual currencies. And in many cases, these assets are even more unique, as they can’t be interchanged. This is because an ETH can be traded for another ETH, but this is not the case with NFTs because they are distinct from one another, and no one can have the same non-fungible token simultaneously. NFTs have evolved very quickly into a profitable investment, as they are something that appeal to gamers.
These are some of the best games that use Ethereum Blockchain.
Plant vs Undead
Plant vs Undead (PVU) is one of the most popular crypto games for old-school gamers. This is because the game is inspired by a popular version, Plants vs Zombies, which had a lot of enthusiasts. The game keeps you engaged because you can earn money if you produce Light Energy (LE), the currency you will find here. In this game, you need to harvest seeds and water the plants because these are your daily tasks, and in this way, you will earn digital coins, which can be transferred to your wallet. Or, if you don’t want to opt for this alternative, you can sell NFT plants in the market and make some good pennies out of this game, especially if you get some rare plants.
Axie Infinity
Axie Infinity is one of the most played NFT games, with millions of active users. The well-known game Pokemon inspired the game, and here you can build your own characters, called Axis, that can be used in battles. You can play this game and earn different tokens in two ways.
- Play in the PVP leaderboard with other players, where you need to rise in rank to earn some of the cryptocurrencies of the game, named AXS (Axie Infinity Token).
- Complete adventure mode levels and win arena matches to earn SLPs (Smooth Love Potion)
Each Axie is a unique NFT, special because they have impressive skills or rare body parts. This game is one of the largest marketplaces in the whole Ethereum gaming arena, and this is why they can be sold for up to thousands of dollars.
Age of Rust
Age of Rust is another interesting game on the platform, where you will meet interactive stories-based content. In this game, you will be in a post-apocalyptic world in the 44th century, where machine and AI technology rules the world. You can collect tokens by completing puzzles and exploring the mysterious surroundings. This game is free to play, but you need to link your wallet to it. If you want to unlock bounties for more NFTs and reach higher-level rewards, you need tokens.
Cryptocurrencies have revolutionized a lot of industries, including the gaming sector, and because of that, players can now enjoy many games where they can trade digital coins or NFTs.
