Top 2 Blockchain Gaming Trends That Support The Metaverse

Top 2 Blockchain Gaming Trends That Support The Metaverse

Blockchain Gaming News
October 4, 2022 by Diana Ambolis
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One of the significant metaverse blockchain gaming and NFT trends to watch out for is the impressive rise of play-to-earn gaming. In a sense, it has expanded the opportunities for blockchain-based games. The blockchain gaming sector experienced a massive growth rate of about 2000% in the previous year. In addition, in 2021, approximately $4 billion
Top 2 Blockchain Gaming Trends That Support The Metaverse

One of the significant metaverse blockchain gaming and NFT trends to watch out for is the impressive rise of play-to-earn gaming. In a sense, it has expanded the opportunities for blockchain-based games. The blockchain gaming sector experienced a massive growth rate of about 2000% in the previous year.

In addition, in 2021, approximately $4 billion was invested in blockchain-based gaming ventures. Blockchain gaming provides free-to-play games in addition to the well-known play-to-earn alternatives, which might promote the use of blockchain-based games. The value advantages of blockchain in gaming would be the main focus of blockchain gaming trends.

Cryptographic security combined with decentralized networks can provide safe gaming environments. Support for additional technologies, such as NFTs, can further assure actual ownership over in-game items and experiences. Here are a few key developments in blockchain gaming to watch out for.

Blockchain Gaming Trends That Support The Metaverse

Play for Cash with Blockchain Gaming

Play to Earn, or P2E, games have been the main focus of future projections for blockchain gaming. In actuality, P2E games have helped to support the growth of the blockchain gaming sector. Numerous illustrative cases, including OP Games, demonstrate how web3 gaming arcades are used to acquire, own, and exchange in-game assets.

The assets are transformed by OP Game into collectible NFTs that the owners can utilize in settings outside of the OP Games ecosystem. The platform has also added fractionalized NFTs, which can aid users in exercising co-ownership over preferred assets. Additionally, by utilizing its built-in DAO, the play-to-earn gaming platform offers crucial insights into the governance of P2E gaming platforms.

The Axie Infinity example also demonstrates how web3 trends in blockchain gaming may change. While providing the thrill of an arcade game, it promoted the use of NFTs in blockchain-based gaming. The characters are NFTs, which players with particular distinguishing characteristics own. Players could raise creatures and engage in combat for token-based prizes.

The online marketplace Vorto Network is another illustration of a play-to-earn gaming platform. Players could buy digital goods and items in-game using a cryptocurrency wallet. With a real-time tactical task, the Vorto Network game Hash Rush offers players an immersive experience. It is one of the most impressive instances of how P2E games can stimulate the creator economy.

Combined use of social media

The fusion of social media and blockchain gaming would be the following significant highlight. Games built on blockchain technology can potentially act as a complement to or hybrid of social media networks. For instance, the video game Near Lands’s open-world, pixelated land-based design. Interestingly, the game’s community experience rather than its gameplay is a significant highlight.

Another reason to think favorably about the future of blockchain gaming is the Reality Chain example. Reality Chain has debuted on Octopus Network to build a multi-chain, social gaming metaverse. Players might create new objects and characters during their journeys in the game’s open world.

Also, read – How Blockchain gaming can take over mainstream gaming?

Last Words

The many blockchain gaming trends in the metaverse demonstrate that they have the necessary potential to revolutionize the future. The importance of blockchain, however, should be noted in relation to the metaverse, NFTs, and blockchain gaming trends. Decentralized networks can be built on top of a blockchain, and because of their unique functionalities, these solutions can support one another.

For instance, the immersive nature of the metaverse is great for blockchain games. On the other side, NFTs’ uniqueness makes it easier to use them in platforms for the metaverse as evidence of digital identity. There is little doubt that all of these interconnected technological marvels would significantly impact the development of the web3. Learn more about web3 and how you may utilize these tools to your advantage.