Introduction
The crypto space brings us novelty ideas that will change the landscape of many industries. One of those is the game industry where I played many years during my childhood.
Gaming on the blockchain world is something new that we will see more often soon. Not every game needs tokens with an economy behind them.
Cryptokitties
I remember the nightmare and the fun that occurred when the ICO rushed and the network was congested by this game. Everyone wanted to own an alpha cat card or a rare one in the hope of making money.
Speculation and greed made people rush to buy those assets. The motive was to make a profit. Nothing wrong with that, Cryptokitties brought an incredible use case. History will remember Cryptokitties has the emergence of gaming with a blockchain layer.
Gaming with a blockchain layer
I have played for five years the game Final Fantasy XI where they had an internal economy with an auction house. At the time, you were able to purchase the game currency for fiat money offline.
When you play for a long in these kinds of games you can accumulate rare items. Sometimes you cannot sell them or transfer them to another player and this is not cool. Now imagine that everything you accumulate in any game has a monetary value. Even if it is a game, you can spend weeks and months to accumulate rare items.
Integrating games with the blockchain and a token bring a new dimension toward the game economy. This is something developers are working hard to bring to the world.
The mystery of NFT on the blockchain world
Recently, I listened to a podcast of a member of the website Nonfungible. NFT mean “non-fungible tokens” and you may ask yourself what does this mysterious buzzword stands for?
Basically, what you need to remember is that every card or item you have on a game, you have the ownership at 100% and you can do whatever you want with it.
This is something exciting and as you can sell it or transfer the ownership to someone else in exchange of another token. It is a true game-changer on the blockchain game realm!
NFT tracking economy website on Ethereum
A good place to discover this awesome space is the website Nonfungible. They track many games and I am confident you might discover something that might pick up your curiosity.
Ethereum has shown the way with the NFT economy and the game Cryptokitties.
On this website, you have a blog and NFT game tracking economy.
Good opportunity to make money
NFT will bring a new dimension of spending your time on those games. Now you will have an economic incentive and your time will bring value over time as you collect valuable cards and items.
Maybe soon, people will make a full time living from NFT economy. I believe it is something nearer than we might think!
Last word
The buzzword of non-fungible tokens is something that will hit the gaming industry by storm soon.
Imagine receiving money every week selling, collecting, exchanging value with NTF. Another cool feature of the blockchain in the crypto world!
Chesatochi.com – For the love of crypto
