Topic: Can Blockchain Gaming Drive Cryptocurrency Adoption? (Read 626 times)

Gambling, and crypto gambling in particular, is a niche market

Put differently, it's not likely we wake up tomorrow and cryptocurrencies get accepted everywhere because of gambling. As said in the article, gambling was vitally important for Bitcoin's initial boost, but currently, its potential is pretty much depleted and exhausted. It doesn't mean that gambling is irrelevant, but it is just there already unlike blockchain gaming which is still on its way to the peak (hopefully)

that is one major benefit of blockchain gaming. the transaction IDs are recorded forever in the network. and also, the possible earnings that you can get when converted your earned coins to your fiat. before, gamers are just happy to collect coins which they can only use within the game, upgrade skills/costumes/accessories. you are even willing to buy those items to build your character. but now, the chance of earning coins that can be converted to your fiat is one major motivation to deploy your skills and spend long hours playing those games.

this site below provides long list of blockchain games with their corresponding network used (eth, enjin, tron, eos, btc, steem, wax, decentraland, phantasma, xaya, loom, etc) -
https://egamers.io/blockchain-games-list/

and this recent article discusses the top most anticipated blockchain games this year -
https://www.blockchaingamer.biz/features/3283/most-anticipated-blockchain-games/
Age of Rust
Blankos Block Party
Crypto Space Commander
CryptoWars
Gods Unchained
Hash Rush
Neon District
The Sandbox

with the existing long list of these blockchain games, i believe this area will drive crypto adoption among gamers. and gamers have no problem adopting this development as they are used to more complex transactions within their games. remember gaming industry is a multi-billion dollar one! so if crypto can penetrate this industry, this will be a good boost in adoption

What other games in real life with coins and so forth provides is the thing that dapps missing out and that is the problem. In real games you could do what everyone else can do, be max level or have the greatest attributes, or whatever else that doesn't change the game play at all, but do you know what gets sold?

Either being able to do all of that very quickly without having to grind, so for free it takes 50 hours but if you pay 50 bucks you get it right away, or you get skins and costumes for a price as well, doesn't change a lick in the type of playing but the look will be different with a new skin.

So, if games in blockchain world stop making the games played with money and make it played with zero money but have some incentives for microtransactions, they could be good.

I believe blockchain gaming has future, because its not the typical games that we used to play before. Blockchain games are quiet unique, because everything you purchased in the game is yours forever or you can trade it to other players thanks to NFT technology.

Right now I’m enjoying playing the play to earn Axie Infinity, I love the gameplay and also enables me to earn decent amount of money by just playing. Not shilling the game but tbh its one of the coolest and profitable one IMO.

I think game based micro transactions are the logical market to tap for those interested in mass adoption. The creators of fortnite are known for purchasing thousands of acres of land for the purpose of furthering wildlife conservation. Rather than pitching bitcoin mass adoption to Warren Buffett, a large shareholder of Wells Fargo, Chase, JP Morgan and other banking institutions. It could be more effective to pitch bitcoin mass adoption to the existing owners and developers of existing microtransaction based games with large fanbases who are known to occasionally back humanitarian causes.

Blockchain gaming is an interesting niche market. The main difficulty with blockchain gaming could be the gaming industry being performance oriented. While blockchain, being an encryption based security algorithm, is the inverse opposite of performance. Which isn't to say there isn't future potential for blockchain gaming. There certainly are applications and niche markets where blockchain gaming could take off in the future. Gaming being a highly manpower and time intensive industry however, it could require multi-million dollar budgets and years for blockchain gaming to be able to compete with standard AAA titles.

Hey Barbara,

> You are wrong because to use an application one does not have to learn the language or the technology being used behind it.

Your comment is dead-on -- and the platforms are coming (Saito ftw -- https://saito.io/arcade). Exactly what you are talking about.

One issue is that most of the attention in "blockchain gaming" is on NFT tokens and ponzi games like "King of EOS". Those are basically all scams which pass themselves off as "fun" because it's a marketing angle. Maybe there is a small chance you won't lose your money, let's see! They target specific crypto communities as a marketing technique.

Know for a fact that almost all of the games that are getting real usage don't have NFTs or require in-app payments. Best guess is that 90 percent of the gameplay on Saito is from games that use the wallet keys to encrypt and sign messages and integrate that stuff into underlying gameplay (mental poker -- shuffling a deck or rolling a dice using encryption so things are provably fair). Payments can plug into the games, but the real advantage is replacing companies like Steam and the Apple Store that control the distribution of software and allowing people to run/own their own games instead of getting monetized by middlemen.

You are wrong because to use an application one does not have to learn the language or the technology being used behind it. For example I am using whatsapp on my mobile but I know nothing about how it works and what code is used behind it. You do not have to relate cryptocurrency with blockchain gaming either because the basic aim of blockchain technology is to provide a fair and verifiable environment.

I believe if some games can be developed such that we can play them and the in-app purchases are being made compulsory to go through cryptocurrencies then we can surely see a huge growth in crypto prices and overall adoption too.

I like the idea but I wonder if we have developers who are able to do it and if able then are they really interested in doing it.

Might be the next to rise after the hype of Defi. But I hope that Kittiefight, a gamified mortal kombat for cryptokitties will perform well on the matket after the launch. I love gaming but more on clash of clans (COC) type of games.

I do not agree with you, I wasn't a person who gambled with fiat, yet when I got into crypto, I saw all the gambling places that I could take advantage of with my crypto, plus since there is not really that many things to do in crypto world I realized that casinos are one of the rare places I could spend my money, the other option was sell my coins, so I decided to give it a try and that is how I got hooked on it.

Now I do not gamble as much as I used to, right now I gamble only a bit but at the end of the day I did gambled a ton with crypto without ever gambling with fiat. Obviously, I did tested to gamble with fiat, sportsbooks are great and I tested it but when it was fiat the method was too complicated, even though simple it took long time so I did it 2 times or maybe 3 times and stopped.

Bitcoin will be like a advantage earning from the website.Because,if the get payment or price in dollars.It's easy to sell instant,but not more then a dollar he had recieved. In bitcoin,it will be different case.They can hold their bitcoin and sell at good time and earn more and more from it.Many gambling and gaming sites had included of bitcoin will be a welcome news.

Also, to live streaming on existing platforms, they can earn extra income without incurring any crypto taxes.
Gamers can get unique items from the NFTs.
And they can bring high value to gamers.
The blockchain game is real potential, and the future can compete with traditional gaming platforms from companies we already know.

And the fact that gamers are used to gaming currency, so it is not hard for them to adopt the usage of cryptocurrency. And since crypto can be exchanged to fiat money, this will be another good feature that I think will be an attraction to these gamers. They can actually earn real money aside from enjoying their games. So absolutely yes, blockchain gaming can steer people or gamers to crypto adoption.

I think yes, there were games where the winners were rewarded with bitcoin in 2011-2012. There are a lot of newer games out now, and people get cryptocurrencies otherwise, games that use NFTs.
Cryptocurrencies will make electronic money transactions between gamers easier than card or banking services. Because of the convenience of cryptocurrencies, it will reach players more easily

I do not think we should put blockchain coding into games, it will not drive crypto adoption because most gamers at the very least have a knowledge about cryptocurrency. Gambling works perfectly fine, it will be of great benefit if we use it to create esports betting sites that supports cryptocurrency. Most tournament esports only have cosmetics as a way to bet in the game.

Yes, can't argue that it helped in the early-ish days (though one could argue, if more transactions means more adoption per se). But nowadays gambling isn't helping a lot with adoption I think. Yes, lots of people are gambling with crypto nowadays, but this scene is kind of a closed circle, i.e. someone who was gambling with fiat in the past is now maybe gambling more with crypto. But outside of this circle it doesn't help with adoption, because people always lose all their crypto while gambling, so it's one way traffic to the operators, who get this "money". The operators probably sell parts of those profits for fiat and who buys it again ? The gamblers

You just don't get new people into crypto because it's now possible to gamble with it. If someone starts gambling now, he does it because of very personal reasons and not because he thinks: "Oh cool, I can gamble with crypto now, which is a great benefit for me." And tbh - at least for betting - the crypto casinos don't offer anything special; most of the time they are worse all in all than the big traditional fiat bookies. With gaming things are or will be different.

Well, things may have changed since then, but:

I love your article even though it is long and I think there is great potential in the blockchain gaming industry and the desired crypto adoption.
If any of you are curious to read the reviews of some games in the Android store, especially those that offer to earn money by playing these apps, you may realize that there is a great niche there. Users have realized why playing and earning simple points and not winning real money. So blockchain-based game developers are taking advantage of this demand.

Super interesting topic, which interests me a lot, since I am involved a bit in a blockchain gaming project.

I don't think gaming can drive crypto adoption, but it is a realm where blockchain technology makes a lot of sense and thus it will play a good role in cryptoversum in the future. I saw some people comparing gaming with gambling and pointing out how gambling drives crypto adoption a bit - but I am not sold on this. Crypto gambling is still kind of a nerdy niche, although you get a different impression by looking around in the gambling section here in this forum and given how rich all these crypto casinos have gotten in a short period of time. But crypto has no real use case in terms of gambling imo, other than the fact that it's maybe pretty convenient to play more or less anonymous and have fast deposits/withdrawals. But most people lose with gambling (100% who play casino games, 95% who do sportsbetting or play Poker), so I don't really see the benefit.

Now for gaming this is different, because here you have this huge advantage of really owning your assets with blockchain technology implemented (if you take good care of your private keys ) and this is a big step forward in comparison to what we have now, where you are always a slave of the game developers playing nice, not shutting the game down or giving rare items to themselves or friends and thereby diluting your assets. It's still not perfect and there has just been an exit scam as well, but it's a step in the right direction to bring gaming and blockchain together. It's still a long way to go, but there are projects, who bring games completely decentralized on the blockchain and this will get huge then. Slowly but surely.

This content is really good and you should put it on medium or other blog platforms where gamers can see this because it's a great idea and concept that they might learn in the future. Gaming is really has a future with cryptocurrency and they really have good synergy like gambling.

We just need more time on developing the technology and maybe game engines in the future are now being integrated into the blockchain or maybe microtransactions. I know blockchain has great potential and all of us are hoping for it to become a modern technology that will improve society.

There was a lot of projects under process too which are based on the blockchain technology and while I am not sure about the authenticity of this article and being a non-tech guy I have not much knowledge but you might want to check out this article - https://www.blockchaingamer.biz/features/3283/most-anticipated-blockchain-games/

I have been playing games like PubG mobile and others and here is how I refill my game with BTC

- I buy razer gold card from Bitrefill
- I visit Midasbuy which provide in game items and UC (pubg mobile game currency) and there I order my items
- I pay via razer gold cards which I purchased by bitcoins from bitrefill.