There’s a lot of noise about blockchain and gaming. How can you take advantage of all the buzz? Let’s explore! In this blog post, we explain what blockchain gaming is, common challenges for developers and explore some of the existing opportunities. We also share our detailed list of recommended blockchain games.
What is blockchain gaming?
So you’ve heard about blockchain, and you’re interested in checking it out for yourself. Great! You’ve come to the right place! We’ll walk you through the basics of blockchain gaming, and then we’ll outline some of the more advanced opportunities for developers.
Blockchain and Games – What’s the Connection?
There’s a lot of excitement surrounding the potential of blockchain technology in the gaming industry. It has the potential to revolutionize digital distribution and ownership, as well as create a new revenue stream for developers. That said, there are several areas that are particularly well suited to blockchain adoption.
Crypto-Currencies, like Bitcoin, have been around for several years. Although they’re not without their issues, they’ve seen huge growth in popularity over the last few years. With blockchain games, however, the technology is used more generally as a decentralized, distributed ledger that’s used to track assets and transactions.
This can be used in a variety of different industries, including financial services and accounting, proof of ownership, and gaming.
Challenges for Game Developers on the Blockchain
Now that we’ve gone over what makes blockchain gaming exciting, and what challenges developers might face, let’s take a look at some of the more pressing issues developers might face when implementing blockchain technology in their games.
Technical obstacles: Blockchain technology is still in its infancy, and there are still plenty of challenges facing developers. One of the biggest challenges facing all developers, no matter how experienced they are, is the technical aspect of blockchain gaming. You need a technical team who knows how to integrate blockchain technology into their software.
Unfamiliar financial systems: Many potential customers are unaware that digital currencies and blockchain technology can be used in conjunction. This means that, if your game is based on Bitcoin, you’ll need to create a conversion mechanism so customers can easily buy your products and services in other cryptocurrencies.
Lack of trust: Another major issue developers will have to overcome is the lack of trust from players. If your game doesn’t have a central authority that you can easily trust, it’s going to be incredibly challenging to sustain a playerbase.
The Future of Blockchain Gaming
As more and more people get drawn into the world of blockchain and cryptocurrency, there’s an even more compelling reason to invest in blockchain games. The future of blockchain gaming is bright. It’s already finding its feet as a new and exciting industry. More and more people are discovering the benefits of blockchain technology, and companies are finding applications for it in gaming beyond Bitcoin.
Ethereum, which is widely seen as the “bible” for blockchain games, has seen massive adoption in the gaming industry. Ethereum classic, Decred, and Litecoin are also seeing a great deal of traction in the gaming community.
Blockchain gaming is going to be a hugely important part of the future of gaming. It’s already a huge buzzword in the industry, but it has the potential to change how we play games and experience digital content. The journey is long and filled with challenges, but it’s worth it. So, how can you take advantage of all the buzz?