Blockchain technology today used in various fields, but in the gaming industry, it promises to make a real revolution. What is the blockchain-the game and how they will change the video game market? On this and many other told us in his Aramaic, CBDO PvP platform IQeoncreated using blockchain technology.
What is the blockchain-the game?
Blockchain-the game is different in that the processes are partly or wholly occur in the block chain, and the history of the game changes is transparent and open to each user.
The logic of the blockchain-the game is controlled by the smart contract. This means that neither the developersnor the players themselves will not be able to interfere in the gameplay and to adjust the rules. For example, the user of pumps of the character involved in the virtual race, opens up a chest of pirate treasure or loot sells a game to another user. Each of these actions is essentially a transaction in which a player receives a certain number of a digital asset into the account. Smart contract in this case ensures that the terms of a transaction made in the game, will be definitely fulfilled.
The reliability of the blockchain opens wide possibilities for users. They can interact with each other in the game: buy and sell game loot without fear of being cheated.
From the first projects to experiments Ubisoft
Seriously about the blockchain-the games began in 2017, when developers around the world have been actively releasing games on the Ethereum blockchain. In each of these projects, users can perform any actions in the game and get a reward in bitcoin.
Blockchain-the game showed players from around the world a new model of the mechanics of play-to-earn, which allows users to monetize their in-game achievements and get the victory in a virtual battle is real income. New possibilities offered by blockchain technology, to create for the players an additional motivation to hold the games longer, and, moreover, attract a new category of players – crypto-enthusiasts and people who come to the game not to play but to make money.
The trend has picked up not only small startups, but also big players of the market. With the technology of the blockchain is now experimenting gaming giant Ubisoft to release a blockchain game for Sony PlayStation promises, there are already similar projects for mobile devices. So probably in the near future model of play-to-earn will greatly change the video game industry.
Why more developers use the blockchain
Developers are starting to resort to blockchain technology more often, because it can help you to solve a number of pressing problems gamedev sphere.
First, fraud the games. Due to its decentralized architecture, the blockchain allows to solve the problem of cheating in games through smart contracts. They envisaged scenarios just do not leave loopholes for fraud – they can’t “cheat” points or cheat another player.
Secondly, the blockchain can increase the involvement of users in the gameplay. Technology permanently stores data about the progress of the player in the block chain that allows the user when switching to another game within the same ecosystem to start with an already “pumped” character. Due to this, the user will be more interested in continuing to develop your unit.
The ability for players to save their progress to some extent, implemented in our platform IQeon. Users participate in game matches and are rewarded with a win internal digital asset platform – IQN. It is possible to in some games and spend to participate in others. Thus, the IQN is getting cross-game asset that can be used everywhere within the platform and, if desired, converted into other assets or Fiat money.
What hinders the development of projects on the blockchain
Despite the great promise and benefits for players, blockchain games will take a lot of time to get wide audience. Currently on the market are not so much the blockchain projects. In addition, the barrier to entry in these games is quite high. After all, in order to start making in the blockchain-the game, the user needs to have e-wallet be interested in cryptocurrencies, and in some cases even to have a certain amount of tokens on the account.
Today, when the audience of video games has billions of users, the number of players on blockchain games in the hundreds of thousands. If we take only the Ethereum blockchain, the number of holders wallets with gaming assets, has 72 thousand. But as crypto-literacy consumers will continue to grow, the number of blockchain projects will increase. And we IQeon believe that this process will start very soon.