Topic: Will game companies adopt NFTs in the future? (Read 101 times)
Of course they will! They can't do else. The only problem right now is the scalability issues of most projects like Ethereum for example. Once the NFTs party begins, everyone will want to jump in IMO.
NFT is a non-fungible token that will be only very suitable to be used on the blockchain with good scalability. When you are playing blockchain game that based on NFT that can be converted as an item and then there will always be a regular transaction between one to another player. That will need good scalability to avoid the high fees like ethereum.
There are lots of new platforms still working with NFT. The scalability should become the main consideration when you wanna tried to build an NFT platform.
DOT, BSC and AVAX already started its move.
There are lots of new platforms still working with NFT. The scalability should become the main consideration when you wanna tried to build an NFT platform.
DOT, BSC and AVAX already started its move.
That's certainly true, mate. A scalable blockchain network is required for people to be able to buy/sell NFTs without dealing with the burden of high fees and slow transaction confirmation times. I don't think Ethereum will gain the attention of prominent game companies, since the network is facing congestion. Scalable smart contract platforms like EOS, Cardano, Binance Chain, and Polkadot, have a better chance of being adopted by prominent game companies for in-game items (NFTs) than Ethereum itself. This may change soon, as Ethereum is bound to become a full-fledged PoS cryptocurrency. With Sharding, PoS, and Layer-Two scalability solutions, NFTs on the ETH blockchain can become great again.
Nonetheless, no one knows what the future will bring. With Tesla joining the crypto/Blockchain train, other companies could follow suit. Who knows if prominent game companies like Activision, EA, and Epic Games begin issuing NFTs in the future? If that happens, crypto/Blockchain adoption will soar like never before. All the eyes are on Ethereum's development progress, as it's the biggest smart contract platform in the world. Just my opinion
NFT is a non-fungible token that will be only very suitable to be used on the blockchain with good scalability. When you are playing blockchain game that based on NFT that can be converted as an item and then there will always be a regular transaction between one to another player. That will need good scalability to avoid the high fees like ethereum.
There are lots of new platforms still working with NFT. The scalability should become the main consideration when you wanna tried to build an NFT platform.
DOT, BSC and AVAX already started its move.
There are lots of new platforms still working with NFT. The scalability should become the main consideration when you wanna tried to build an NFT platform.
DOT, BSC and AVAX already started its move.
Ethereum is rising in popularity at a very fast pace. It seems to me that NFTs (Non-Fungible Tokens) will gain traction faster than you could ever imagine. With Tesla joining the crypto/Blockchain train, it shouldn't be long enough before other companies do the same. Now, imagine if prominent game companies join the smart contracts revolution? Then it would be a huge boost for ETH's adoption in the mainstream world. Launching attractive in-game items that serve as NFTs will certainly bring the attention of gamers worldwide.
Do you think that game companies will adopt NFTs in the future? If not, why? Will Ethereum remain the go-to platform for NFTs? Or will another platform dominate the NFT industry? Your input will be greatly appreciated. Thanks in advance.
Do you think that game companies will adopt NFTs in the future? If not, why? Will Ethereum remain the go-to platform for NFTs? Or will another platform dominate the NFT industry? Your input will be greatly appreciated. Thanks in advance.
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