How Enjin Coin Is Disrupting The Gaming IndustryVideo games have come a long way since the days of Space Invaders. A few decades ago, text-only input was the height of interactivity. Now we have augmented reality devices and a booming industry that earned over $36 billion in 2017.
Modern technology allows for more immersive experiences, but it also opens the door for aggressive monetization. Game design now takes a backseat to microtransactions and loot boxes, threatening the fun and innovation of video games in the name of pleasing company shareholders.
Enjin Coin has a plan to set the gaming industry back on track. The blockchain project lets developers integrate Enjin Coin into games to essentially replace in-app currencies. Items purchased through the platform are then stored in the user’s wallet, giving them full control and ownership over every item.
Enjin Coin also gives guilds, fan communities, and esports teams access to monetization tools. Minecraft groups are already using Enjin Coin to power virtual marketplaces. Fans get new items and new experiences, and server managers are always able to pay the bills.
Giving players a sense of value and ownership is crucial to the continued success of the gaming industry. It puts attention on the experience of games, not monetization tactics. Players will see real value in owning a piece of their favorite franchise. If game developers want to capitalize on that, all they have to do is give the players what they want: more great games
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