Gaming has always been a very interesting aspect of the entire market and it has seen it's implementation in various others fields as well other than just core gaming too. Gamification of countless fields have already been witnessed. One of the reasons of that being is simply the enormous share of the market it has. Projections show gaming is set to become one of the leading economic contributors in the coming decades.

Crypto and the blockchain sector is too getting more and more involved in gaming. A huge number of the emerging games are supporting blockchain whearas many older games are tuning themselves to incorporate the blockchains. All of this is done due to a strong reason as well. There has been massive activity in this particular aspect in the crypto sector. As of October 2021, “crypto gaming” accounted for more than half of the blockchain activity over that quarter.

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Gaming, Crypto And Blockchains

The rise of crypto gaming has been quite phenomenal, to be honest. There are quite a few simultaneous projects like NFT too in the works. Already a lot of games based on blockchain are in action which are enjoyed by a very huge number of users every single day.

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Many different blockchains are already working quite actively hosting games. Moreover video games already have an history of using sophisticated virtual economies connected in a wy or other with the fiat currency we do use in real world. Crypto based games also target the exact same aspect through the blockchain they are built upon.

Crypto evangelists do say that blockchains are the future of gaming and crypto gaming right now is guiding the Web3 in the same path as well.

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A Bright Example

- Splinterlands

Splinterlands is one of the most famous games in this sphere of crypto based blockchain games right now. If we talk about numbers then in the last 7 Days there were more than 430k active users and the trading volume has figures exceeding $32k too.

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Splinterlands is basically a collectible card game built on the HIVE blockchain which allows the players to purchase, sell and even trade the cards among each other. To get the in game rewards players are set into a multiplayer battle against each other.

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Some Basics Of Splinterlands

There are various factions within the game known as splinters, every card in the game is part of one the factions which are namely Fire,Earth, Dragon, Life, Water and Neutral. On top of that there are stats for each card which define the statistics for them which are speed, armour, mana cost and attack type.

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Players do need to participate in battles through ranked matches, quests and tournaments in order to get in game rewards as well as the Dark Energy Crystals which the the most unique item in the game. Cards can be upgraded, rented out to other players or even sold as well.

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There are tons of such games right now in the market which are booming to popularity, on more very amazing game is the game built of Ethereum blockchain namely Axie Infinity which also made several record in the same industry.

How They RETAIN Value ?

• Just as you've seen in the case of @splinterlands, a very well used model is of offering two types of tokens in these games, one is the governance token which gives players the say in the games' upgrades, changes and more as well as the other token is the utily token which come in use for the various in game activities that the game has to offer.

• Game assets are offered like a Non-Fungible token to the players which are minted uniquely to them and are given a digital ownership over them.

• Play to Earn or P2E is also a very popular model you can see in many blockchain games where the players are rewarded in tokens which do have a monetary value which can be traded, staked or used for in game activities as well.

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Future ?

With both the secors, crypto and gaming projected to rise immensely in the course of the next few years, it should not be doubted the the curve is going to be mostly positive along with many more enhancements being done into the sector.

Being a part of such aspects as an early bird is always a good shot to be taken and right now there are numerous chances to be explored for sure.

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