7 reasons that make blockchain gaming successful

Lukas Schulze
stryking.io
Published in
3 min readNov 13, 2019

1 - True ownership of digital assets:

From game resources characters or avatars to any item within the game environment, all these elements can be placed on the blockchain network. These crypto-assets are generally presented in 2 forms :

NFTs and FTs (for more information check out these article that explains these concepts).

But what makes this technology so special for the users is the fact that even if a game shuts down or if the developers decide to choose another direction, the items will still be present on the players’ wallet and tho can still be traded in marketplaces to generate real-life profit.

2 - Provably fair gameplay:

Provably fair means that the mechanisms used to generate results on a gaming platform can be vetted by the user independently for authenticity and randomness. Prior to the rise of blockchain solutions, users had to simply trust that their online casino was generating results without altering them according to the player’s bet, or some other arbitrary factor.

3 - Play to earn gaming:

Big changes were seen within the gaming communities these last decades. The gaming scene which was more skill-based in the ’90s and early 2000 became a pay-to-win model where the rich strived and the skilled players vanished. But the blockchain technology is offering a unique model where the gamers are rewarded for their time invested within the game.

Lympo for example:

Lympo is a free app that allows you to earn money just for your healthy habits. Complete daily tasks & challenges, receive rewards and buy products you love from the in-app marketplace.

4 - Cross game operability:

Cross-chain communication mechanisms allow blockchains to verify information and transactions across multiple chains, enabling data and assets to move between them directly without the need for trusted third parties or centralized solutions.

In simple words, if the game ceases to exist or if the developers want to change the game, they will still be solutions for you not to lose your items like:

- Different versions of a game can be created

- You can use your items in another game

- Your quests can be on multiple platforms

- Your items within game sequels can be transferred to newer versions

5 - An emerging market with first-mover advantages:

For every single success story, there is thousand if not millions of failed attempts. And until now although some games managed to succeed within the blockchain gaming world, there is no breakthrough story that actually shaped the future of this field. So the gold rush is on and every developer is trying to be the first to accomplish this achievement.

6 - Early stream revenue possible with presale:

For the developers, the cost of development, hosting, and server upkeep can be a real burden and cause more often than not to stop the game while running or even that destroy it within its baby steps. The presale concept can help developers secure investments for the game before its creation and help for the development and upkeep of the game.

7 - Enhanced player community:

As the blockchain is still a relatively new technology, the communities that gravitate around it are still small. But we can still feel the investment of its users in such a concept as value creation, fair trading, security, and decentralization. Those concepts make the profile of a perfect gamer and it´s only fair to assume that the communities within these blockchain-based games will ensure one of the best gaming experiences .

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