| Gala Games<\/td> | $GALA<\/td> | Collection Of Various P2E Games<\/td> | NFTs<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\nIs The Future Of Gaming On The Blockchain?<\/h2>\n\n\n\nCurrently, there are over 3.24 billion gamers worldwide, and of that number over 2.65 billion are mobile gamers. ((https:\/\/www.statista.com\/statistics\/293304\/number-video-gamers\/#:~:text=Number%20of%20video%20gamers%20worldwide%202021%2C%20by%20region&text=In%20total%2C%20there%20were%20an,billion%20gamers%20across%20the%20globe.)) ((https:\/\/www.statista.com\/statistics\/512112\/number-mobile-gamers-world-by-region\/))<\/p>\n\n\n\n With blockchain-based games, they are much more inclusive to the public compared to something like a PC or console. This is due to the fact that as long as you have access to the internet and your cryptocurrency, you can take part in these games.<\/p>\n\n\n\n The fact that you can also be the sole owner of your in-game items makes the adoption of this technology a no-brainer for most gamers. Adding to this, a play-to-earn model could create a profession or even a side hustle for the average gamer.<\/p>\n\n\n\n The top blockchain-based game currently 'Alien Worlds' has around 1.2m mobile active users which is a mere 0.03% of the global gaming market.((https:\/\/finance.yahoo.com\/news\/crypto-future-gaming-says-quantum-115512844.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACzF-Jcpy5jklql6JdqUKKGoe78Xzhmj7bVo-zOdE_5oogJZuMZd21DFEz7EZZnW1Cp7FOQokIbNepeoxSeaY7TgT3FOuYfYObiAM4IHBchS0zy_f5bIvuT1rtvSGHGqVLMGEs0c_hAIIeOS0wBKsU81kYqrn2tGY0uOoly2D25f#:~:text=A%20Quantum%20Economics%20chief%20says,relationship%20between%20gaming%20and%20cryptocurrency.))<\/p>\n\n\n\n Although the future is bright for blockchain-based gaming, including play-to-earn, current games being launched are at a tremendous disadvantage. The lack of knowledge on how these systems work is the biggest problem in its adoption.<\/p>\n","post_title":"Play To Earn - Is The Future Of Gaming On The Blockchain?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"play-to-earn","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts-vs-jpegs\/","post_modified":"2022-05-28 00:07:02","post_modified_gmt":"2022-05-27 14:07:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2280","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":2277,"post_author":"1","post_date":"2021-11-15 20:51:18","post_date_gmt":"2021-11-15 09:51:18","post_content":"\n According to a recent poll from Software firm, Stratis<\/a>, most video game developers from the States and the United Kingdom are interested in blockchain and NFT technologies.<\/p>\n\n\n\n
The survey revealed that 58% of American and British video game developers had incorporated blockchain technology into their endeavors. A further 47% have integrated non-fungible tokens in their games.<\/p>\n\n\n\n
Blockchain Is The Future for Video Games<\/h2>\n\n\n\nThe poll surveyed 197 video game developers in the USA and the UK. <\/p>\n\n\n\n Asides from those already utilizing Blockchain and NFTs, optimism was high among participants with 72% considering employing them to develop new games, 56% of which intend to do so in the next year. With 64% of participants adding that blockchain technology will become prevalent in video gaming within the following 24 months.<\/p>\n\n\n\n
According to 61% of the developers, blockchain allows for more innovative and interesting gameplay. 55% said it secures value for players by keeping money in the game, while rewarding gamers with real-word value collected 54% of the vote.<\/p>\n\n\n\n
Keep in mind that 46% of the developers\u2019 interest in blockchain focuses on the Play-to-Earn <\/a>trending business model. <\/p>\n\n\n\nOn that note, Jean-Philippe Vergne, Associate Professor at UCL School of Management \u2013 added that
<\/p>\n\n\n\n \"Blockchain is rapdily becoming a core building block for online games. What blockchain enables is incredibly compelling - players can now earn cryptocurrency while playing and trade digital goods both within and across games.\"<\/p>https:\/\/www.stratisplatform.com\/<\/cite><\/blockquote>\n","post_title":"Recent Survey Finds 60% Of Game Developers Are Already Using Blockchain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"recent-survey-finds-60-of-game-developers-are-already-using-blockchain","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/what-is-play-to-earn\/","post_modified":"2022-02-16 21:43:35","post_modified_gmt":"2022-02-16 10:43:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=2277","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
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