X World Games: Integrate Blockchain Games With NFTs
Experts say gaming will be the first mainstream (in user count, not necessarily value locked in smart contracts) use case for blockchain technology, and gaming NFTs are poised to become the largest sub-sector within the gaming sector. Based on years of experience in gaming and blockchain technology, the XWG team made an in-depth analysis of the prospect of the combination of NFTs and blockchain games and came to the conclusion that blockchain card games could be well integrated with the concept of NFTs.
Non-fungible tokens (NFTs) are tokens with individual characteristics that make them unique (as opposed to fungible tokens that are identical to each other). This renders some NFTs to be guaranteed to be rarer and more valuable than others, creating an active
marketplace as often forms around scarce assets. Game players can obtain the following benefits from blockchain-based NFTs:
Guaranteed scarcity of the game cards: Game cards usually have countless property combinations. Usually, the most valuable cards following the following pattern: the better the property is, the scarcer it is, the more valuable it is. With conventional games, the platform can duplicate multiple game cards with good properties to dilute the value of player’s in-game assets, which means the player’s profit cannot be guaranteed (platforms do this to take the value from their users, and put it into their own pockets). In blockchain games, NFT game cards are generated by smart contracts, which are unique and cannot be copied.
Ownership of in-game assets:NFT game cards are stored on a decentralized, immutable ledger. Even if the game shuts down forever, the in-game assets can still be accessed in a decentralized wallet. Game players have the ownership of in-game assets, which allows for opportunities of the reuse of in-game assets.
Interoperability of assets: Props in conventional games can only be used in that game or additional games. Players in the blockchain games can buy or sell NFT game cards on NFT exchanges at any time and convert them into cryptocurrencies to achieve higher dimensional asset conversion.
Security and transaction freedom: Blockchain-based gaming platforms can provide users with ultimate control over their digital assets. Users can choose to trade or sell their asset freely without fear that they will be blackmailed or that the platform will shut down and remove all value from their in-game assets.
Enhance the collectibles: The unique and inseparable features of NFT game cards also facilitate the entry into the crypto market by players who like to collect.
The XWG team hopes to enhance conventional games via blockchain technology to the greatest extent, and integrate NFTs into the game to enhance social value through design and scarcity. At the same time, the XWG team will explore the field of GameFi. In the future, decentralized finance (DeFi) may become more gamified, and user funds may be used as equipment for in-game assets in DeFi games. Blockchain games integrated with NFTs may bring more rich and interesting gaming patterns.