Blockchain Technology & Game Assets

NEWS
Sep 25, 2018
2 min read

What’s a better use for Internet money than gaming?

Games had their own currency since the beginning and even in classic games like Super Mario and Sonic one of your goals was to earn gold. The only thing that missing is a way to connect the games and this is where blockchain will revolutionise everything we know.

Company’s like Microsoft and Nintendo are already putting huge effort in exploring the blockchain field and even if each company will have their own token we will be able to exchange them and this will take the Gaming experience to the next level. Everything will be connected.

In 2001, a new network game called Runescape was launched. That year, during Christmas, the managers of the game decided to make a special event for the holiday and "drop" the Christmas crackers that the players could pick up and blow up and get a party hat in six different colors. This hat did not have any data and so many players simply threw it on the floor. What these players did not know was that these hats would soon become very rare because they can not be reached any more, and now 17 years later these hats are pirated for over $2,500 And that's only if you're lucky enough to find someone willing to sell.

* In the Runescape game you work with Integer data type, which limits the amount of money that a player can hold to 2147483647 gold, which is 2 billion. If you want to buy a blue party hat you will have to split money and products worth 18 billion! * Hats have become a great product for investment regardless of the game and today there are quite a few people who do not play games but hold such a hat for investment. Since 2001 their price didn't stopped rising and since you can not get them anymore and will probably continue to rise as long as the game exists.

The overall global gaming industry is growing at lightning speed. Just three years ago, the global games market earned $93 billion in revenue, yet in another three years, those earnings are projected to reach $180 billion. The underlying blockchain has the ability to transform how we fundamentally view the relationship between digital and real-world value creation, Cryptocurrencies one day will become an integral part of video gaming's fabric. There are many games that already implemented the blockchain technology and we are very proud to promote them and support the cause of taking the gaming industry to the next level. Everyday we see new games and new technology and it’s all very exciting read more over our Esports page