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Topic: Can Blockchain Gaming Drive Cryptocurrency Adoption? - page 2. (Read 685 times)

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Talking about the gaming giants like EA, Ubisoft, I would not say things are as silvery as we think it to be. These companies run on the demand for new games and new hardware that pops up from Video card makers and also powerful CPUs, in short is a saturated market similar to the smartphone market.

Now going in with crypto as a new entrant, someone would never be able to compete with them unless they create their own market. But this was not new and was tried by many projects who eventually had to sidetrack and move away from the mainstream competition. I once took part in a bounty for the Appcoins (APPC) project. They are still running but they are for developing apps/games and their payment systems only. I dont expect them to go boom at all.

There were also some scams like any other niche, back in 2017. However I think it is a long way to go before we see real game development and a competition with these companies.

Being the Devil's Advocate, based on experience what they will do to counter is that they will start accepting crypto themselves if they see crypto-projects becoming popular and again draw the market out towards them.
sr. member
Activity: 2030
Merit: 323
I am not sure about gaming but the gambling sector in crypto is one thing that has been a big pillar for the use of cryptocurrencies and even I got to know about bitcoins by gambling itself and I agree if somehow developers can make games based on the blockchain technology and aided by bitcoins like the in-game items can be purchased by bitcoins then we might see a real surge.

Apart from games I think if there was a possible way to buying in-game items for all games like League of Legends, dota2, pubg and all other games then a lot of people would have known and used bitcoins because of that. There are some streamers who ask people to donate them via bitcoins and it feels good but then we need some gaming developers to come together.
full member
Activity: 1093
Merit: 103
The game world today is very easy to develop and it is possible for many companies to adopt and develop games using Blockchain.
Whether it matches what you say or not, I found a game as well as a crypto project that is already running and listing on top exchanges. Have you ever heard of JobTribes from DEAP Playmining?
It has adopted crypto and the coins are tradable and can be used for transactions in the game.

And furthermore, there will be many games that apply it. Especially in the world of gaming, technological developments are very easily absorbed and adopted. And its distribution is very easy. As we know, almost everybody loves gaming.
The global gaming industry has a fairly large society, but today it does not actively use cryptocurrencies. If the gaming industry switches to cryptocurrencies, completely abandoning fiat funds, then in my opinion, every user will only welcome this process. At least the main advantage that users will get is anonymity and efficiency.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
The game world today is very easy to develop and it is possible for many companies to adopt and develop games using Blockchain.
Whether it matches what you say or not, I found a game as well as a crypto project that is already running and listing on top exchanges. Have you ever heard of JobTribes from DEAP Playmining?
It has adopted crypto and the coins are tradable and can be used for transactions in the game.

And furthermore, there will be many games that apply it. Especially in the world of gaming, technological developments are very easily absorbed and adopted. And its distribution is very easy. As we know, almost everybody loves gaming.
legendary
Activity: 1918
Merit: 1728
However, I really believe blockchain still has very big role to play in gambling industry. We are going to see new blockchain based superior gambling dApps in coming years which will disrupt crypto gambling completely by removing trust factor.

It won't really disrupt centralized gambling until full scalability is achieved. You can place hundreds of bets per second (and some people use it with official bots), without paying any fees in centralized gambling. And thanks to the provably fair system, exit scam is the only risk, which is pretty rare in crypto gambling.

Currently yes but I doubt the potential of blockchain will be limited to PoW. I am very positive that soon a newer algorithm will come into picture which could be used to secure blockchain as well as solve problem of scalability.

We already have algorithms like DPOS which are being used by networks like EOS and claim to process millions of transactions per second with no fees. Although, DPOS showed some signs of centralized system, it has open doors for others to come up with a similar system but comparatively more decentralised.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
Quote
by early 2020, the number of internet users in the world had reached 4.5 billion. Of all internet users aged 16-64 years, as many as 20 percent watch a live-stream from someone who plays the game. Meanwhile, about 80 percent of internet users between the ages of 16-64 play games every month. So, the number of gamers in the world reaches 3.5 billion people. Most (69 percent) of internet users admit they play games on mobile. While 41 percent play games on a laptop or desktop and 25 percent play games on consoles.

Based on the contents of the article above!! currently, the number of gamers around the world is fantastic, if all game developers adopt cryptocurrency then it can be sure that it will lead to mass adoption..

I hope this will pave the way for other gaming developers to follow this around the world;
Quote
Ultra is the first entertainment platform providing all key games industry services under a single roof, accessible through a single login. Built around our PC game distribution platform, Ultra Games, our platform will provide access to countless centralized and decentralized services: Discover, buy, play and sell your games and in-game items, watch live-streaming feeds, interact with your favorite influencers, participate in contests, compete in tournaments and much more.

Ultra has been built to extinguish the frontier between blockchain and mass market, between DAPPS and APPs, and between legacy items and NFTs.
source: https://finance.yahoo.com/news/atari-r-partners-ultra-add-132500624.html
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
This was seriously a really very long thread to read on and others mind find it as well to be like that. May you at least shorten or make it simple into which ideas or informations you were trying to share with is for the simpler the better for it does not vary how short or long as long as the thought is in there.  Going back to the topic, I guess there could really a big impact blockchain gaming can do to achieve cryptocurrency adaption since a lot of gamers are sprouting into this generation which means as long as there are many gamers to play blockchain games like the usual and typical games, it can certainly lead to adaption for one of the influencers category are not just content/video creator but also gaming creator which is totally a good way to pack knowledge about crypto and at the same time provide gaming experience all together within blockchain games.
sr. member
Activity: 1638
Merit: 300
Valve, Ubisoft and those other developers are so big, without someone to lead this plan with the knowledge of the games and the gamers all at once will be hard. I am certain that blockchain has its place in the gaming industry but I guess the plan should be working with one of these developers. Blockchain technology might attract other people but it will not be enough.
member
Activity: 1302
Merit: 25

I'm a hardcore gamer since I was a kid. Been playing video games during my spare time until today. I'm so enlightened about the potentials of blockchain gaming (especially those who are already making a living in playing them).

Lots of people are playing blockchain game too, this is the new set of games now. The digital space is being creative with blockchain game and this is going to help in the exposure of the kids into blockchain and knowledge in cryptocurrency.
legendary
Activity: 3024
Merit: 2148
as you can't throw out the window the popularity of CryptoKitties, however short lived it had been.

Yes you can, it was only popular because you could try to make money with breeding kitties. Very few people cared about it as a game, which means that this model wasn't sustainable and it was just a speculative bubble.

However, I really believe blockchain still has very big role to play in gambling industry. We are going to see new blockchain based superior gambling dApps in coming years which will disrupt crypto gambling completely by removing trust factor.

It won't really disrupt centralized gambling until full scalability is achieved. You can place hundreds of bets per second (and some people use it with official bots), without paying any fees in centralized gambling. And thanks to the provably fair system, exit scam is the only risk, which is pretty rare in crypto gambling.
hero member
Activity: 2282
Merit: 659
Looking for gigs
Absolutely yes! Blockchain games are on the rise, and it's just needs massive adoption in the world of video and online gaming. It's all about creating awareness and educating them about the advantages of blockchain gaming and why should they take this seriously.

I'm a hardcore gamer since I was a kid. Been playing video games during my spare time until today. I'm so enlightened about the potentials of blockchain gaming (especially those who are already making a living in playing them).
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
Can it? Of course it can, it has that potential, we are talking about millions even billions of dollars plus most of the time when people get into something they hardly get out and since this is a financial game sort of thing, they keep spending money on it constantly as well. However remember that we are much bigger than any one sector, we are money by logic, bitcoin is a money just like dollar or euro or any other fiat, we are a currency but our difference is we are a digital crypto version of that old type.

So, bitcoin could be the whole gaming world and there would never be a single game that has fiat micro-transactions, all could be done in bitcoin and we still need more. We know it can never be like that, but we all know that even if we go super high in gaming adoption, we still need more for global one.
legendary
Activity: 1918
Merit: 1728
~snip~

It was a nice read! Well-written article. However, the main reason for the success of CryptoKitties was the monetary value associated with the in-game assets. It was similar to buying a new altcoin which gained huge pump recently. Remove blockchain assets from the game and you get an average Android-like game played by 8 years old kids. This sums up pretty everything. Blockchain can only be used in gaming industry in two ways - either for creating or storing in-game assets on blockchain using Smart Contracts or for in-game P2P trades between players.

I really can't see what Blockchain could add in multiplayer games that major video game developers like Blizzard, Valve and Ubisoft produce. Blockchain is all about storing immutable data in decentralized databases while multiplayer gaming is all about fast transmission of data between different peers. Blockchain is slow database while multiplayer gaming is all about speed.

However, I really believe blockchain still has very big role to play in gambling industry. We are going to see new blockchain based superior gambling dApps in coming years which will disrupt crypto gambling completely by removing trust factor.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
To me it looks like blockchain companies are very desperately trying to find use for their revolutionary technology and failing miserably

This is a general rule applicable to any area. In most cases, you can't know in advance whether some product or service will be a wild success or a monumental failure. And you won't know until you actually offer it to the public

All what gamers want is for games to be fun, update content frequently, be priced fairly, run smooth and have less bugs. Blockchain isn't helping with anything of that

That's the most important thing after blockchain is technically capable of supporting such games. It already is, to a certain extent, as you can't throw out the window the popularity of CryptoKitties, however short lived it had been. But it is probably not the kind of game that the majority of gamers are looking for. With that I agree
legendary
Activity: 3024
Merit: 2148
Gamers never asked for the features that blockchain provides - immutability, "truly owning your assets", even p2p trading is highly controversial - Diablo 3 originally came with real-money market, which was shut down after a year due to a negative feedback from the community. To me it looks like blockchain companies are very desperately trying to find use for their revolutionary technology and failing miserably. All what gamers want is for games to be fun, update content frequently, be priced fairly, run smooth and have less bugs. Blockchain isn't helping with anything of that.
hero member
Activity: 924
Merit: 520
So the bottom line is that we need the convergence of these two vectors to make blockchain a dominating force in the gaming industry. First, the blockchain tech should have the capacity for running multiplayer games that major video game developers like Blizzard, Valve and Ubisoft produce, no trade-offs here. Then, we actually need the games like Warcraft, Counter-Strike or Far Cry that can be played on blockchain, to make it matter. Only after we get there, the gaming industry will likely become a primary driver behind cryptocurrency adoption.

Although its not impossible to integrate game engines and blockchain tech altogether, the technical difficulty is very high because MMORPG's is a real time event based system that it cannot wait several confirmations for a transaction / event to be successful.

I only see it is more likely that these game developers would most probably adopt cryptocurrencies as in-game currencies, subscription payment, etc... Imho.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
After Enjin, I kind of lost interest in the gaming paradigm as there weren't many good or novel things on offer but just more of the same community rush to grab the best loot drops in the beginning. I would explore some of these other platforms mentioned in that article to see how far it has gone. Do share your own experience with blockchain games deisik. Its a topic i am interested in and would like a tip or two if you have found something exciting

Well, I'm in fact more of a gambler type

But I can relate to the fact that blockchain games, especially the ones involving some kind of team action (think Counter-Strike here) are terribly slow. I've been trying to gamble on-chain (just dipping my toes into gaming on-chain), and it was also excruciatingly slow. I'm an algorithmic guy and obviously look for things like autobet. But it is not really possible with on-chain gambling unless you are happy with making a couple bets a minute. In this way, autobet in blockchain casinos can be used as a yardstick for measuring the currently available potential in on-chain gaming at large
legendary
Activity: 1904
Merit: 1159
So far NFTs (of CryptoKitties' fame) seem to be the best that blockchain gaming can come up with

I agree that it is a sort of chicken-and-egg problem. However, I'm more optimistic, and the reason for my optimism is simple. Blockchain gaming is basically a side effect to blockchain use for cryptocurrencies. In other words, no matter how chicken-and-egg the problem of the game developers versus the community is, the tech will continue to evolve for other purposes, more original ones (read, financial ones). And once it is good enough for the tasks outlined in the article, this problem should go away on its own
I haven't played cryptokitties but from the looks of it, i know that it is a random game of chance where you cannot really feel like a real PC gamer. There are a lot of other games. On Enjin, there is Forgotten Artifacts which is a dungeon crawler where you can actually use items dropped in other games as items inside this game. You can earn in-game items and see them as actual NFTs in your wallet. In that way, there are quite a lot of concepts that blockchain gaming has come up with.

After Enjin, I kind of lost interest in the gaming paradigm as there weren't many good or novel things on offer but just more of the same community rush to grab the best loot drops in the beginning. I would explore some of these other platforms mentioned in that article to see how far it has gone. Do share your own experience with blockchain games deisik. Its a topic i am interested in and would like a tip or two if you have found something exciting.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
The biggest problem with these games being adopted is that they are not attracting real gamers or even serious game developers. This is because most people are just interested in making a killing by hoarding all the NFTs and hoping to sell them for a fortune in some hypothetical future when blockchain gaming would become the norm and their NFTs would be treated as antiques. Its a classic case of counting your chickens before they hatch. Both the developers as well as the community suffers from this

So far NFTs (of CryptoKitties' fame) seem to be the best that blockchain gaming can come up with

I agree that it is a sort of chicken-and-egg problem. However, I'm more optimistic, and the reason for my optimism is simple. Blockchain gaming is basically a side effect to blockchain use for cryptocurrencies. In other words, no matter how chicken-and-egg the problem of the game developers versus the community is, the tech will continue to evolve for other purposes, more original ones (read, financial ones). And once it is good enough for the tasks outlined in the article, this problem should go away on its own
legendary
Activity: 1904
Merit: 1159
I am kind of interested in seeing how exactly the blockchain gaming paradigm plays out. The only time I ever tried EOS was to play a game called EOS Knights on their platform. It is a horribly designed game that had thousands of users at its peak and it sold in-game items for a lot of money. I guess it is still going on but i have left it a long while back. Like everything else with EOS, this game too was a money grab for the devs. Every transaction in the game was an action on the EOS blockchain and it was slow as hell. Lastly, the game itself didn't have much to do.

My other experience with blockchain gaming is with a few games developed on the Enjin platform. The gaming devs that Enjin attracted have some promising games like the PVP game 9Lives Arena. The Six dragons that the article talks about is also probably an RPG on the same platform. The platform is Ethereum based and suffers from slow transactions and high gas fees.

The biggest problem with these games being adopted is that they are not attracting real gamers or even serious game developers. This is because most people are just interested in making a killing by hoarding all the NFTs and hoping to sell them for a fortune in some hypothetical future when blockchain gaming would become the norm and their NFTs would be treated as antiques. Its a classic case of counting your chickens before they hatch. Both the developers as well as the community suffers from this.
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