What Factors Affect the Future of Crypto Gaming?
Crypto Gaming
What Factors Affect the Future of Crypto Gaming?
Crypto gaming has proved to be a breath of fresh air, by giving us the chance to play while using digital tokens. In some cases, we can even earn more just by playing and discovering completely new ways of playing with the latest technology. While this type of game has been in the news lately, what can we expect to happen in the future that lets us see how bright the future should be?
The Variety and Quality of Games to Keep Improving
The quality of the games on offer is ultimately going to determine how successful any genre becomes. In the case of crypto games, the market is already highly varied in this respect. The simplest options are seen in the new wave of tap-to-earn games like Hamster Kombat where players simply tap a button to try and earn more tokens.
Play-to-earn is the next genre, which involves rather more complex gameplay. Titles like Axie Infinity and Gods Unchained are among the leaders in this category. They typically involve collecting digital assets like monsters or cards, in the form of NFTs. Other games let players buy and sell digital land, with the idea of making a profit one of the big draws that brings in newcomers.
Cryptocurrencies have also been added to the casino world in the form of games like crypto slots. A range of titles including Fury of Zeus, Cyberpunk City, and Aztec Gold Bonanza reveals how varied this category is. As well as different themes, these slots also include a variety of features that make them more varied, such as free spins and quick-fire bonus rounds. Other gambling games such as blackjack and roulette can also be played with BTC and major altcoins.
As we can see, there’s a lot of variety in here but also scope for more. Crypto gaming could eventually become as complex and varied as conventional gaming, meaning that every type of player would be able to simply choose whether to play using cryptos or not.
The Importance of Price Volatility
The chance to earn some cash is one of the reasons that a lot of people are currently interested in crypto games and what they consider one of the advantages of crypto investing in the first place, to be honest. If we look at the play-to-earn and tap-to-earn categories, players often get started with a low-value token and hope to see it rise in value once they’ve earned some.
At the time of writing, W-Coin is one of the newer names in this area looking to expand. It currently has 16 million users and uses staking options among the interesting features helping it stand out. The team behind it are now planning to launch a token and launch an airdrop as the next stage in its growth.
In terms of helping growth, a high degree of volatility is useful when a new token is launched. However, over time players might look for more stable coins to play with. This will open up the possibility of new types of games where there is less emphasis on earning lots of tokens and hoping to see their value grow rapidly.
Emerging Technology Makes an Impact
Many of the best crypto games also involve other types of emerging technology. This can be seen in a variety of ways, as artificial intelligence, virtual reality, and augmented reality are all among the types of technology being used to create the latest games.
Major game developer Ubisoft has recently revealed that it’s teamed up with the Ethereum network Arbitrum to create Captain Laserhawk: The G.A.M.E. While details of the gameplay are scarce. It seems set to be fairly innovative as it’s described as an ambitious community-driven project that will be played both inside and outside the Ubisoft ecosystem.
Web3 gaming is set to be a phrase we hear a lot more about, as platforms like Polygon build up their ecosystem to give us varied gaming experiences. Latest news stories include the revelation that Animoca Brands has teamed up with Revolving Games as part of their plan to create a scalable gaming economy on the RCADE ecosystem. Their press release on the subject confirmed that $37 million has been raised from investors to help make this happen.
Summary and a Look Ahead
The crypto gaming scene has grown massively in recent years but appears to still have lots of room for further growth. We can see lots of areas where it’s made massive inroads and gained a lot of fans, but it’s also clear that there are certain areas where further advances can be made to improve the overall player experience,
One thing that seems certain is that blockchain gaming is here to stay. Millions of people have enjoyed this way of playing and there’s still a huge amount of potential for us to look forward to. Expect to hear a lot more about crypto gaming in the future as new ways of playing emerge and those we’ve looked at become firmly established among fans.
