Unlike other free-to-play games, Gods Unchained gives you complete ownership over your in-game items. Collect rare cards, build your deck and sell cards to other players

What is Web3 Gaming and Why is it Important for the Gaming Industry? Web3 gaming to the use of blockchain technology and decentralized protocols in the development and distribution of online games. Web3 gaming platforms, in my perspective, are working to establish a more decentralised and public gaming environment, one in which users may safely own and trade digital assets inside games, and where new forms of entertainment can be developed and distributed. refers Web3 gaming is still in its early stages, but it has the potential to revolutionize the way that games are created, played, and monetized. Some of the key benefits of Web3 gaming include: Decentralized ownership: In a Web3 game, players own their in-game assets in a verifiable and immutable way, using a blockchain-based digital wallet. This allows players to trade, sell, or transfer their assets outside of the game, creating new economic opportunities and giving players more control over their virtual goods. Interoperability: Web3 games can use decentralized protocols to interoperate with other games and platforms, creating new possibilities for cross-game experiences and economies. For example, a player could earn in-game assets in one game and use them to unlock new content or abilities in another game. Censorship resistance: Web3 games are built on decentralized networks that are resistant to censorship and control by a single entity. This allows developers to create new types of games that challenge the status quo or explore controversial or sensitive topics, without fear of being shut down or banned. New business models: Web3 games can use blockchain-based payment systems and smart contracts to create new kinds of monetization models. In my opinion, the future of blockchain gaming is still uncertain, but it has the potential to bring about significant changes to the way that games are created, played, and monetized. As the technology and infrastructure for Web3 gaming continues to mature and gain adoption, it is likely that we will see more and more innovative projects and experiences emerge in this space. Why Are Web3 Gaming Awards Important? Gaming awards such as , increase the visibility of both individual games and production studios, as well as the industry as a whole. These honours propel growth for blockchain games and improvement in game development across the sector. GAM3 Crypto gaming awards are not only a fun way for gamers to support their favourite developers, but they can also play a role in setting the bar for quality in the industry. Furthermore, they may provide creators with insightful criticism and ideas by drawing attention to the elements that are most valued by players. In conclusion, crypto gaming awards are a great method to honour the successes of the gaming industry and spur more development and innovation. By recognizing the most innovative and successful projects, these awards help to inspire others in the industry to continue pushing the boundaries and creating new and exciting experiences for players. Finally, crypto gaming awards can also serve as a way to connect and engage with the community of players, developers, and industry professionals who are interested in cryptocurrency and blockchain gaming. Through these awards, developers can share their work and ideas with the broader community, and players can discover and support new projects they may not have known about. The Winners of Polkastarter GAM3 Awards Award winners have been named, earning the accolade of "Grammys" for web3 gaming. In a live ceremony on December 15th, the 16 winners of the first-ever industry awards were unveiled. Polkastarter GAM3 The GAM3 Awards Game of the Year honoured the finest web3 game that straddled the divide between conventional and blockchain-based gaming. A total of 23 web3 game content providers were nominated for the Best Content Creator award, with the winner being decided by a final day of voting. The full list of winners: Game of the Year: Big Time Most Anticipated Game: Shrapnel Best Graphics: Star Atlas Best Action Game: Superior Best Mobile Game: Thetan Arena Best Adventure Game: Big Time Best Casual Game: Blankos Block Party Best RPG: Illuvium Best Shooter Game: MetalCore Best Strategy Game: Gods Unchained Best Card Game: Gods Unchained Best Multiplayer Game: EV.io Best Esports Game: EV.io Best Content Creator: Brycent People's Choice Award: League of Kingdoms Games' Choice Award: The Harvest : Vested Interest Disclosure The author is an independent contributor publishing via our . Be it through direct compensation, media partnerships, or networking. The author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR brand-as-author program http://polkastarter.gg/gam3awards/?embedable=true Don’t forget to like and share the story! Image credits: and GAM3. Sean Do

Big Time, Gods Unchained, MetalCore, Star Atlas and other Web3 Games Win Polkastarter GAM3 Awards 

A few days ago, I discovered an online trading card game called Gods Unchained, which is backed by . You can and battle against other players using your cards. Cards are implemented as non-fungible tokens (ERC-721) so you can buy, sell and trade in a marketplace like Rare Bits. I dreamed about online trading card games like this when I was a kid, where it has properties of physical cards such as being able to buy, sell and trade your cards without the card issuer supporting such features and other businesses being able to freely build something on top of the card game e.g. hosting a tournament. Coinbase buy cards on their website What are the chances of finding the extremely rare mythic cards? The cards have different levels of rarity: common, epic, legendary and mythic. Mythic cards are extremely rare. There are only two mythic cards that people can draw from card packs and one mythic card called “Hyperion” that was available via a auction hosted by the company, which had a mind-blowing final bid of 146.279 . ETH The Titan of Light: Hyperion At the time of this writing, none of the two mythic cards have been drawn yet, so there are still chances of winning these mythic cards by purchasing card packs. However, there’s not much information on the website apart from how many mythic cards are yet to be found. I wanted to know what are the chances of finding a mythic card and if the chances are different depending on the type of card packs that you buy. If this were a traditional online trading card game, I would have stopped here, but since it’s implemented as smart contracts on Ethereum, you can actually read the contracts’ code and find the information. The rest of this post is my journey of learning the Gods Unchained smart contract implementation and discovering information that is not available on their website. Proof of purchase and randomness The first thing I noticed when I purchased a Rare card pack is that I sent ETH to the following address: 0x0777F76D195795268388789343068e4fCd286919. I browsed and found out that it’s a contract called RarePackFour. I called a function called “purchase” on the contract with the # of packs I purchased as an argument. the address on Etherscan A call to the purchase function on the RarePackFour contract via Etherscan. The Etherscan page also offers human readable code of the contract. I found implementation of the “purchase” function: The function creates an instance of Purchase, which just records the user who made the purchase, # of packs, the current block number and randomness set as 0. And then, it emits an event called “PacksPurchased”. Interestingly, the function records a proof of purchase but doesn’t actually draw cards…so I further explored the code and found this function called “callback”: This function assigns randomness to a given purchase. The only source of randomness that is not predictable at the time of purchase is the blockhash of the block that included the purchase transaction. Since smart contracts can only access the blockhash of previous blocks, this callback function needs to be called in the subsequent blocks after the purchase transaction. As I monitor incoming transactions to the smart contract, I noticed that this callback is called by someone else soon after my purchase is made. According to a Gods Unchained’s developer, their backend server listens to the “PacksPurchased” event and calls the callback function with a given purchase ID in the event. It’s worth noting that anyone can call the callback function, so you can call it if they don’t, hence there are no trust issues here. Once randomness is assigned, it’s fair to assume that your cards are determined, so I went back to the smart contract and found a function called “predictPacks” that uses the generated randomness to determine the rarity of cards. Because Rare pack guarantees one of the cards to be at least rare, the function uses two types of functions to derive rarity: “_getCommonPlusRarity” and “_getRarePlusRarity”, where the latter is used to achieve the guarantee. Now I finally found out that there’s a 1 in 1,000,000 chance of winning a mythic card per card draw, which means roughly 1 in 200,000 per pack purchases. Both functions offer the same chance of winning a mythic, however, _getRarePlusRarity offers a slightly higher chance of winning epic or legendary cards. Below these functions, I also found functions that seem to be used to achieve similar guarantees for other types of card packs: This shows that regardless of the card pack types, you have the same chance of winning a mythic card, so if you are only after a mythic card, it’s most cost efficient to buy the cheapest packs. Now all of my questions are answered! But where are my cards? But I realized something interesting — the cards are neither represented as ERC-721 tokens nor transferred to my account. All I have is a proof of purchase and assigned randomness that can derive my cards, but I can’t sell or trade them yet. Then I found this function called “claim” which is very similar to predictPacks but it has an extra call to migration.createCard(). The migration contract was passed as an argument to this RarePackFour contract’s constructor. I was able to find the migration contract using Etherscan and confirmed it is . So who calls this function? I wasn’t able to find the information so I went to Discord chat room: a ERC-721 token contract People in the chat room are very friendly and helpful. It turns out that they separated the transaction that from transactions that and . This has a few advantages: redeems your cards make the purchase assign randomness Redeem cards when gas is cheap e.g. when large ICOs are not happening. Only redeem cards that you want in ERC-721 token form e.g. you may not want to waste gas redeeming common cards that have no trading value since card redemptions are not required to play the game. The claim function can be called by anyone, so I called the function with my purchase ID and verified that five ERC-721 tokens are now owned by my account. It also turns out that they provide on their website. a page that allows you to call the claim function This concluded my first experience exploring the first blockchain-based eSport’s smart contracts. The fact that I was able to do this made me more convinced that blockchain changes the power balance between companies and users by giving users more power. Bonus I was exploring smart contracts for other pack types and found the following code in LegendaryPackFour contract. I discovered that Legendary and Shiny legendary packs not only guarantee at least one legendary card, but also guarantee another card of at least rare rarity. This is not documented in the pack descriptions on the website. The Lengendary pack description on the Gods Unchained website. There is certainly more to explore in the contracts, so I encourage you to . I would love to get your thoughts — tweet your findings or feedback to . take a look at them @kn Thanks to for feedback on this post. Fatima Sabar

Uncovering information hidden in the smart contracts of Gods Unchained

By Ezra Strauss, Head of Partnerships at Portal I’m proud to be writing this article about a partnership that will reshape the landscape of Web3 gaming. Portal and Immutable have come together to redefine how games are distributed, monetized, and experienced in the Web3 space. This collaboration isn’t just a strategic business move; it’s a personal milestone for me, reuniting with former colleagues at Immutable, as we aim to push the boundaries of what’s possible in gaming. Together, we’re setting the stage for a new era in the Web3 world, where seamless user experiences and cutting-edge technology converge. But what does this partnership really mean for gamers, developers, and the broader gaming ecosystem? To understand the impact, we need to explore the synergies between Portal and Immutable and why this collaboration has the potential to accelerate the adoption of Web3 gaming. Addressing the Web3 Gaming Challenge The Web3 space has long been a promise of ownership, decentralization, and community-driven innovation. Gaming, in particular, has proved a fertile ground for Web3 disruption - a classic case of innovative technology giving rise to new, high-growth business models. The industry has always always been an early adopter of new tech, from cheap home computing in the 1990s and UGC in the 2010s - to blockchain and AI in the 2020s. This culture of early adoption has led to meteoric growth over the past 3 decades, with gaming now worth $300bn+ yearly. But the Web3 gaming sector has encountered one key challenge—how to reach mainstream audiences. Games built on blockchain technology have struggled with accessibility, distribution, and monetization in ways that traditional gaming companies do not. Players want seamless access and rewards; developers want a robust infrastructure to build games. This is where Portal and Immutable step in. At Portal, we’ve been laser-focused on solving Web3 distribution—connecting games with players through frictionless products that aggregate users across multiple chains. From discovering a Web3 game to playing it, buying in-game assets, joining its community and ultimately becoming an evangelist, our product suite caters to every stage in the prospective Web3 gamer’s journey. By making this process seamless, we massively boost the chances of mass adoption. Ultimately, we want Web3 gaming to be the most accessible and rewarding online experience, period. The first step on this journey is simplifying the payments in the space. With Portal Pay, our cross-chain payments offering, we’re helping games take payments in over 5,000 cryptocurrencies on any chain. Gamers can pay in whatever token they want, and with Pay’s SmartSwap feature, games only receive the token they need. For example, a gamer who only plays Solana-based games might only have $SOL in their Phantom wallet. With Portal Pay, they can buy into a sale on Ethereum without having to bridge, swap, or even create a new wallet. By removing these pain points for both games and gamers, we’re widening the TAM of every game onchain, improving liquidity in the gaming ecosystem in the process. Immutable, on the other hand, has developed a sophisticated gaming platform that allows developers to confidently build and deploy Web3 games while prioritizing usability and security. By leveraging their extensive ecosystem and technology like zero-knowledge (zk) scaling, Immutable empowers developers to create groundbreaking gaming experiences. The Power of Synergy: Portal + Immutable This partnership is about more than just technology integration—it’s about creating a holistic, streamlined experience for players and developers alike. By integrating Immutable chains into the Portal platform, we are enabling game developers to access Portal Pay, our seamless payment and rewards solution, for their in-game economies. This enhances the way transactions, rewards, and player engagement are handled, which is critical in Web3’s user-first world. In addition, Portal’s cross-chain technology is designed to bring users from every blockchain into a single, vibrant ecosystem of games. This is a game-changer for developers on the Immutable platform who now have access to a much broader audience. Gamers can experience titles from Immutable’s impressive roster of games, like Gods Unchained and Guild of Guardians, with less friction, while developers can benefit from Portal’s comprehensive tools to boost monetization and player retention. We’re tackling the liquidity issue head-on, too. By introducing advanced liquidity solutions through this partnership, developers will be able to capture more value from their in-game assets and transactions, while players are rewarded more effectively for their engagement. This adds a new level of depth to the gaming economy and significantly enhances the user experience. A Vision for the Future: Web3 Gaming Meets the Mainstream Looking at the broader picture, the partnership between Portal and Immutable signals the beginning of a Web3 gaming revolution. Data from DappRadar indicates that Web3 gaming generated $3.1 billion in 2023, yet it remains a small fraction of the $184.4 billion global gaming market. The potential for growth is enormous, especially as mainstream audiences begin to realize the benefits of decentralized gaming—true ownership of in-game assets, seamless cross-platform experiences, and innovative monetization strategies. Our collaboration with Immutable is focused on making Web3 gaming more accessible, scalable, and lucrative for everyone involved. We’re already seeing indicators that Web3 gaming will grow exponentially. According to a report by Citi, the Metaverse economy could be worth up to $13 trillion by 2030, and gaming will be at the heart of this digital revolution. As the boundaries between digital and physical worlds continue to blur, Portal and Immutable are uniquely positioned to drive the gaming sector’s transformation, not just in the Web3 space but across the global industry. The Road Ahead: Innovation Through Collaboration For me, personally, this partnership is the culmination of years of dedication to pushing the frontiers of gaming. Working alongside the brilliant team at Immutable, some of whom I’ve had the privilege of collaborating with in the past, has reignited the passion I have for the possibilities that lie ahead. We’re not just enhancing distribution and monetization; we’re creating an entirely new blueprint for how gaming can—and will—thrive in a decentralized world. The next steps in this journey are exciting. With Immutable’s zk-based scaling technology, games can continue to drive down costs and improve scalability, making Web3 games more accessible than ever before. And as Portal continues to innovate with our distribution layer, developers will be able to focus on what they do best: building the next generation of AAA games on any chain, while we connect them with players from around the globe. This is just the beginning. The collaboration between Portal and Immutable is poised to accelerate the adoption of Web3 gaming and bring the future of gaming into the present. Together, we are setting a new standard for what gaming can be—and I couldn’t be more excited for what’s to come. About Ezra Strauss Ezra Strauss is the Head of Partnerships at Portal, a leader in Web3 gaming distribution. Previously, he held roles at Immutable, where he contributed to their mission of revolutionizing blockchain gaming. Ezra is passionate about building synergies between technology and gaming to create experiences that are accessible, rewarding, and enjoyable for players worldwide. About Portal Portal is building the distribution layer for Web3 and beyond. An ecosystem that’s bringing together users from every chain and connecting them with the best dApps in the space – starting with gaming. Via frictionless products, a pioneering liquidity layer, and a world-class network, Portal is helping Web3 solve distribution – aggregating users into a single, vibrant ecosystem in the process. Builders of top-level games and dApps can now focus on creating AAA experiences on any chain – Portal is connecting them to users from around the world. Portal’s advisors include Jamie King, Rockstar Games Co-Founder, Russell Hanson, former CSO of Consensys, Matt Dixon, former Head of BD, EA Games, and John Yao, CEO Team Secret eSports. Portal is proudly represented by WME. For more information, users can follow Portal on X: http://x.com/Portalcoin This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here. By Ezra Strauss, Head of Partnerships at Portal I’m proud to be writing this article about a partnership that will reshape the landscape of Web3 gaming. Portal and Immutable have come together to redefine how games are distributed, monetized, and experienced in the Web3 space. This collaboration isn’t just a strategic business move; it’s a personal milestone for me, reuniting with former colleagues at Immutable, as we aim to push the boundaries of what’s possible in gaming. Together, we’re setting the stage for a new era in the Web3 world, where seamless user experiences and cutting-edge technology converge. But what does this partnership really mean for gamers, developers, and the broader gaming ecosystem? To understand the impact, we need to explore the synergies between Portal and Immutable and why this collaboration has the potential to accelerate the adoption of Web3 gaming. Addressing the Web3 Gaming Challenge Addressing the Web3 Gaming Challenge The Web3 space has long been a promise of ownership, decentralization, and community-driven innovation. Gaming, in particular, has proved a fertile ground for Web3 disruption - a classic case of innovative technology giving rise to new, high-growth business models. The industry has always always been an early adopter of new tech, from cheap home computing in the 1990s and UGC in the 2010s - to blockchain and AI in the 2020s. This culture of early adoption has led to meteoric growth over the past 3 decades, with gaming now worth $300bn+ yearly. But the Web3 gaming sector has encountered one key challenge—how to reach mainstream audiences. Games built on blockchain technology have struggled with accessibility, distribution, and monetization in ways that traditional gaming companies do not. Players want seamless access and rewards; developers want a robust infrastructure to build games. This is where Portal and Immutable step in. At Portal, we’ve been laser-focused on solving Web3 distribution—connecting games with players through frictionless products that aggregate users across multiple chains. From discovering a Web3 game to playing it, buying in-game assets, joining its community and ultimately becoming an evangelist, our product suite caters to every stage in the prospective Web3 gamer’s journey. By making this process seamless, we massively boost the chances of mass adoption. Ultimately, we want Web3 gaming to be the most accessible and rewarding online experience, period. The first step on this journey is simplifying the payments in the space. With Portal Pay, our cross-chain payments offering, we’re helping games take payments in over 5,000 cryptocurrencies on any chain. Gamers can pay in whatever token they want, and with Pay’s SmartSwap feature, games only receive the token they need. For example, a gamer who only plays Solana-based games might only have $SOL in their Phantom wallet. With Portal Pay, they can buy into a sale on Ethereum without having to bridge, swap, or even create a new wallet. By removing these pain points for both games and gamers, we’re widening the TAM of every game onchain, improving liquidity in the gaming ecosystem in the process. Immutable, on the other hand, has developed a sophisticated gaming platform that allows developers to confidently build and deploy Web3 games while prioritizing usability and security. By leveraging their extensive ecosystem and technology like zero-knowledge (zk) scaling, Immutable empowers developers to create groundbreaking gaming experiences. The Power of Synergy: Portal + Immutable The Power of Synergy: Portal + Immutable This partnership is about more than just technology integration—it’s about creating a holistic, streamlined experience for players and developers alike. By integrating Immutable chains into the Portal platform, we are enabling game developers to access Portal Pay, our seamless payment and rewards solution, for their in-game economies. This enhances the way transactions, rewards, and player engagement are handled, which is critical in Web3’s user-first world. In addition, Portal’s cross-chain technology is designed to bring users from every blockchain into a single, vibrant ecosystem of games. This is a game-changer for developers on the Immutable platform who now have access to a much broader audience. Gamers can experience titles from Immutable’s impressive roster of games, like Gods Unchained and Guild of Guardians, with less friction, while developers can benefit from Portal’s comprehensive tools to boost monetization and player retention. We’re tackling the liquidity issue head-on, too. By introducing advanced liquidity solutions through this partnership, developers will be able to capture more value from their in-game assets and transactions, while players are rewarded more effectively for their engagement. This adds a new level of depth to the gaming economy and significantly enhances the user experience. A Vision for the Future: Web3 Gaming Meets the Mainstream A Vision for the Future: Web3 Gaming Meets the Mainstream Looking at the broader picture, the partnership between Portal and Immutable signals the beginning of a Web3 gaming revolution. Data from DappRadar indicates that Web3 gaming generated $3.1 billion in 2023, yet it remains a small fraction of the $184.4 billion global gaming market. DappRadar The potential for growth is enormous, especially as mainstream audiences begin to realize the benefits of decentralized gaming—true ownership of in-game assets, seamless cross-platform experiences, and innovative monetization strategies. Our collaboration with Immutable is focused on making Web3 gaming more accessible, scalable, and lucrative for everyone involved. We’re already seeing indicators that Web3 gaming will grow exponentially. According to a report by Citi , the Metaverse economy could be worth up to $13 trillion by 2030, and gaming will be at the heart of this digital revolution. As the boundaries between digital and physical worlds continue to blur, Portal and Immutable are uniquely positioned to drive the gaming sector’s transformation, not just in the Web3 space but across the global industry. report by Citi The Road Ahead: Innovation Through Collaboration The Road Ahead: Innovation Through Collaboration For me, personally, this partnership is the culmination of years of dedication to pushing the frontiers of gaming. Working alongside the brilliant team at Immutable, some of whom I’ve had the privilege of collaborating with in the past, has reignited the passion I have for the possibilities that lie ahead. We’re not just enhancing distribution and monetization; we’re creating an entirely new blueprint for how gaming can—and will—thrive in a decentralized world. The next steps in this journey are exciting. With Immutable’s zk-based scaling technology, games can continue to drive down costs and improve scalability, making Web3 games more accessible than ever before. And as Portal continues to innovate with our distribution layer, developers will be able to focus on what they do best: building the next generation of AAA games on any chain, while we connect them with players from around the globe. This is just the beginning. The collaboration between Portal and Immutable is poised to accelerate the adoption of Web3 gaming and bring the future of gaming into the present. Together, we are setting a new standard for what gaming can be—and I couldn’t be more excited for what’s to come. About Ezra Strauss About Ezra Strauss About Ezra Strauss Ezra Strauss is the Head of Partnerships at Portal , a leader in Web3 gaming distribution. Previously, he held roles at Immutable, where he contributed to their mission of revolutionizing blockchain gaming. Ezra is passionate about building synergies between technology and gaming to create experiences that are accessible, rewarding, and enjoyable for players worldwide. Portal About Portal About Portal About Portal Portal is building the distribution layer for Web3 and beyond. An ecosystem that’s bringing together users from every chain and connecting them with the best dApps in the space – starting with gaming. Via frictionless products, a pioneering liquidity layer, and a world-class network, Portal is helping Web3 solve distribution – aggregating users into a single, vibrant ecosystem in the process. Portal Builders of top-level games and dApps can now focus on creating AAA experiences on any chain – Portal is connecting them to users from around the world. Portal’s advisors include Jamie King, Rockstar Games Co-Founder, Russell Hanson, former CSO of Consensys, Matt Dixon, former Head of BD, EA Games, and John Yao, CEO Team Secret eSports. Portal is proudly represented by WME. For more information, users can follow Portal on X: http://x.com/Portalcoin http://x.com/Portalcoin This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here . here

Driving the Future of Web3 Gaming: A New Era With Portal and Immutable

Web3 Gaming-in gələcəyini idarə etmək: Portal və Dəyişməz Yeni Era

Impulsando el futuro de los juegos Web3: una nueva era con Portal e Immutable

Pokretanje budućnosti Web3 igranja: Nova era s portalom i nepromjenjivim

מניע את העתיד של משחקי Web3: עידן חדש עם פורטל ובלתי ניתן לשינוי

Web3ゲームの未来を推進する: PortalとImmutableによる新時代

„Web3“ žaidimų ateitis: nauja era su portalu ir nekintamais

Napędzamy przyszłość gier Web3: Nowa era z Portalem i Immutable

د ویب 3 لوبو راتلونکي چلول: یو نوی دوره د پورټل او نه بدلیدونکي سره

Покретање будућности Веб3 игара: Нова ера са порталом и непроменљивим

ขับเคลื่อนอนาคตของ Web3 Gaming: ยุคใหม่ด้วยพอร์ทัลและ Immutable

推动 Web3 游戏的未来：门户和不可变的新时代

Ukushayela Ikusasa Lemidlalo Ye-Web3: Inkathi Entsha Enephothali Nengaguquki

A Glimpse Into the Past The concept of smart contracts predates the inception of blockchains, having been delineated by Nick Szabo in 1994. The first practical application emerged years later in 2015 with the Ethereum platform. Fundamentally, smart contracts automate contractual obligations and eliminate intermediaries. Smart contracts have found extensive applications in finance, overshadowing their potential to automate processes across various domains. Decentralized Applications (DApps) extend beyond financial tools; they merely scratch the surface. While the DeFi market has soared in complexity and success, other sectors lag behind significantly. Challenges Facing DApps in Non-Financial Sectors: Development complexity and cost Blockchain’s slow performance Lack of robust integration tools (wallets, infrastructure, etc.) Attempts at broader application have made little headway. The State of Gaming in Decentralization CryptoKitties marked the first step towards decentralized gaming, though it was largely controlled by its developers. Axie Infinity, despite its success, faced significant challenges, including a $615 million hack, due to its proprietary blockchain. Moreover, its gameplay mechanics are private, challenging its decentralized nature. Other projects like Gods Unchained and Heroes of Mavia also fall short of full decentralization. The current trend involves separating gameplay from asset ownership (NFTs for characters and items), with gameplay largely centralized. However such projects omit that mere ownership of NFTs does not provide “full control over assets.” Assets only have value thanks to gameplay mechanics, which are 100% under the control of developers. A popular term describing current projects is . GameFi Low decentralization and emphasis on play to earn. Examples: Axie Infinity Illuvium Splinterlands Pixels League of Kingdoms Gods Unchained Heroes of Mavia Seraph Decentralized Games Truly decentralized games are currently few and far between. Existing games can be divided into the following groups: Focus on the Blockchain Component The gameplay consists of a basic set of actions or resembles very basic game mechanics. The characteristic of such projects is that tokenomics are central, with gameplay tacked on top. It’s hard to call these fully-fledged games. Examples include CryptoKitties, DefiKingdoms, Crypto Raiders, and Neon District. Community-Developed Ecosystems The main project develops only basic assets while the community ecosystem develops games for these assets. This sounds cool and could achieve full decentralization. The problem is that games tend to be boring and often have centralized gameplay. This approach could lead to some good games, but any successful project within such an ecosystem is likely to outgrow it and become its own entity (as happened with DOTA evolving from a map for Warcraft 3 into a standalone game). Examples are Aavegotchi and Axie Infinity (planned). SDK for Simplified Game Development This route allows for significantly fewer resources to be spent on blockchain, and in theory, the gameplay should be more refined. This approach is very promising, but there is a risk that all games will look alike and be quite formulaic. Nonetheless, studios that invest efforts in developing an SDK based on their contracts have every chance to make a good game as a “showcase” for their engine (similar to Unreal Tournament from the web2 era). Examples include MUD SDK and Paima Studios SDK. Effort to Combine Forces Creating quality gameplay and laying the foundation for full decentralization. This approach requires prioritizing the creation of a gameplay process where blockchain serves as an advantage rather than a checkbox feature. This direction is the most promising but also the most challenging. Examples are Primodium and Sacra: Falling of Myrd. Why Do We Need Decentralization for Games? To break the current trend, it’s necessary to focus on the question, and convey this to the users. “Why does a game need to be decentralized at all?” The simple answer to this question is the same as “Why is Bitcoin needed?” Real Ownership of Assets True ownership of an asset means control over its value. Only by providing decentralized gameplay can you guarantee real ownership of the asset. Security Open source is not just a whim of crypto maximalists. Only open source allows for a real security audit and identification of vulnerabilities. Moreover, immutable (or DAO-controlled mutable) code guarantees the preservation of assets and the gameplay mechanics that give value to the game’s main assets. Economy Building a complex economy capable of handling significant assets requires unprecedented quality and security of code in the gaming industry. Fortunately, years of DeFi existence have accumulated best practices in this area. For a game built on smart contracts, it’s easy to imagine an economy operating billions. Excluding the influence of third parties, whether intentional or unintentional, ensures confidence in the stability of the in-game economic model. Resistance to Censorship I think almost every gamer has faced being banned for unclear reasons or even denied access to a game altogether. A decentralized game is protected from this as much as the blockchain it runs on is protected. Even in the presence of a centralized company that supports the game’s UI, the original client code will always be available, allowing the game to be launched locally. Community and Governance The openness of the product attracts a genuinely interested community around the project. The ability to contribute and manage key issues through voting creates incredible long-term support. Integration of Real Assets into the Game Economy A game can be seen as a small state. Like any other state, to ensure a stable economy, it can own assets of other states. This is fully relevant for decentralized games. It’s easy to imagine assets locked in a game generating passive income and creating additional value for the project. All of this can be summarized in one word: DeGame. Technical Implementation Currently, various blockchains have their smart contracts, but EVM and Solidity are the de facto industrial standards. It’s not just that 90% of all developments are written in Solidity, but also the infrastructure built around EVM networks. RPC providers, The Graph protocol for the backend part, Dune analytics dashboards, and other tools solve many problems that are difficult to compensate for with other tech stacks. But is it really possible to “squeeze” game logic into Solidity given that the size of contracts is limited to 24KB and the block time in most blockchains does not exceed 2 seconds? Yes, it’s more than feasible. There are many design patterns for writing complex logic, such as The Diamond Standard (EIP-2335) and the use of libraries along with the ERC-7201 standard. These approaches allow us to almost completely bypass the limitation on the size of the smart contract code. The gas limit per transaction imposes serious restrictions on the number of actions a player can take in one go. However, the use of packed data and standard gas optimization methods allow for even complex logic such as pathfinding on terrain and determining lines of sight within a single transaction. Blockchain enables unique gameplay mechanics for multiplayer. In a standard MMO game, solving the problem of lag with 1000+ players online is practically impossible, but here, the mechanism of competition for gas comes into play. Moreover, gas payments can be tied to in-game currency through ERC-4337. This means you can control the online servers with in-game mechanics (pay more in-game currency to participate in a castle siege with other players, for example). At this stage, it’s too early to talk about a fully decentralized game with real-time action gameplay. However, game genres with turn-based gameplay fit perfectly with the concept of block finalization. Essentially, technical limitations encourage the creation of new genre combinations, such as turn-based MMO RPGs. Over time, a specific blockchain will be created to process on-chain actions of players sufficient even for real-time shooters. L2/L3 blockchains, which can now be deployed in minutes through a UI, have proven themselves well in this regard. It’s more than realistic to imagine a situation where a blockchain game can create its own temporary L3 for a specific game session. The Future of DeGame As always, games present a real challenge to the entire IT industry, pushing it towards more efficient solutions. Not only is there a need to develop complex logic on smart contracts, but the blockchain must also be capable of processing a huge number of transactions. Fortunately, there are now many blockchains capable of achieving the necessary throughput. A sufficiently large project could even develop its own blockchain to handle transactions specific to the game. A decentralized server part for the game with its validators and consensus. However, in the early stages, a standard universal blockchain is more than enough for games without real-time action. And as experience shows, it’s better to focus on one thing, whether it’s the game itself or the infrastructure in the form of a fast blockchain. In the future, we will see many projects that implement gameplay on smart contracts and open a new era in the gaming industry. This revolution goes hand in hand with the evolution of all crypto projects, and it’s only a matter of time before the old game development is displaced by new approaches.

The Future of Decentralized Gaming: A Comprehensive Outlook

Let's learn about via these 75 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Polkadot /Learn Repo 1. Distributed Computing Cloud Is The Way Towards A Web3 Future: A Phala Network Story The true vision of Web3 is a decentralized network where no one entity controls it and the decentralized applications that are built on the network are open. 2. The DeFi Writing Contest by SORA and HackerNoon Welcome to the #DeFi Writing Contest by SORA and HackerNoon! 3. Acala Network Launches aUSD Polkadot's Native Multi-Collateral Stablecoin The Acala Dollar, a multi-collateral stablecoin, has been released by Acala. The stablecoin (aUSD) protocol acts as the Polkadot ecosystem. 4. Polkadot is Leading the World's Largest Ethereum Hackathon for Web3 Polkadot is bringing seminars, presentations, and a $15,000 prize pool to ETHDenver from February 11th to February 20th, 2022, as part of the world's biggest ET 5. Astar Network and Acala Partner to Launch DeFi Rising for Unlocking New Opportunities for Developers The "Astar x Acala DeFi Rising" initiative was just released by the two top parachains in order to provide developers with more options and incentives. 6. Polkadot Allocates $18 Million to Solve the Biggest Challenges facing Polkadot Ecosystem and Web 3 Polkadot has allocated 993,286 DOT, roughly $18 million, to promote research and development on zero-knowledge research and web 3.0. 7. Protocol Alternatives That Challenge Ethereum Which blockchain protocol is best poised to challenge Ethereum? Here we review Radix, Polkadot, Elrond, Algorand, and Avalanche. 8. Polkadot Parachains will Lead to Best Practices for Cross-Consensus Communication Phala Network provides computing power to other blockchain applications while protecting the data layer. 9. 5 Polkadot Parachains to Look Out for in 2022 In this post, we’ll look at five innovative Polkadot parachain projects. 10. We're the Multi-Chain P2P Trading Platform You've Been Waiting For Gamestar is a peer-to-peer exchange that gives users the ability to buy, sell, and trade crypto assets with ease. 11. Polkadex Review: The Polkadot Based Decentralized Exchange Polkadex is a decentralized exchange that combines features from centralized exchanges (CEXs) and decentralized exchanges (DEXs). 12. Polkadot To Get WebAssembly-based Ethereum Virtual Machine (ewasm) from Second State In late 2019, the Aragon Project, decided to leave the Polkadot ecosystem due to the lack of a viable blockchain virtual machine at the time. After that, the Polkadot team added EVM support on the Substrate framework, enabling EVM blockchains in the Polkadot ecosystem. 13. The Five Generations of Blockchain: From Bitcoin to Everscale The first 4 generations of blockchains may offer some of the market’s needs, but older infrastructures cannot withstand the throughput required. 14. HackerNoon's DeFi Writing Contest with SORA Network: XSTUSD Use Cases Better acquaint yourselves with the XSTUSD stablecoin, HackerNoon’s DeFi writing contest, and even the Polkadot Network in general. 15. Blockchain as the Ultimate Truth Machine for GPT-based AI (ChatGPT) While this tech has existed for some years now, ChatGPT was able to obtain 1 mill users in 6 days. 16. The Value of Parachains to Drive Blockchain Adoption I wish to discuss Polkadot's distinct key feature with our users in this article. We'll go over the benefits of this feature and why it's so valuable. 17. The Blockchain Social Experiment: Enforced Logic The blockchain community is not united in the strive of decentralization, as many groups and projects also exist with a more centralized architecture. 18. Blockchain Interoperability Interoperability is a characteristic of a product or system, whose interfaces are completely understood, to work with other products or systems, at present or in the future, in either implementation or access, without any restrictions. - Wikipedia 19. Understanding the Polkadot's DeFi Ecosystem with Yubo Ruan Yubo Ruan talks about the Polkadot ecosystem, DeFi and the NFT market. 20. Kusama and Polkadot Parachain Lease Auction Crowdloans: A Win-Win Situation How to participate in a crowdloan, Is it risky to participate in a crowdloan? How do I get crowdloan rewards? 21. The Punk Who Could Control the Global NFT Block Should you invest in Crypto Punks or Substrate Punks? This article discusses the rise of Cross-Chain NFT Marketplaces. 22. Zero-Cost Blockchain Transactions Are A Reality on Polkadot Maybe this one: Read the cases where a zero-fee transaction in Polkadot makes sense, as well as how to actually implement them while protecting yourself against 23. Miner Extractable Value (MEV): The Biggest Thorn in DeFi Miner Extractable Value (MEV) is one of the pain points for those who use DeFi products. Here are some possible outcomes if this doesn't get addressed. 24. Decentralizing Prediction Markets: Augur Vs. Gnosis Vs. Polkamarkets Decentralized prediction markets are smart contracts that stipulate who gets paid how much when certain predefined conditions are met. 25. Privacy protocols and blockchain technology: A powerful duo These four projects are putting user privacy first in an age when more user data is online than ever before. 26. Polkadot Deep Dive 2021 - Connecting The $DOTs A detailed 2021 guide on Polkadot and how it is geared towards solving some of the most fundamental yet complex problems faced by the blockchain ecosystem today 27. Big Time, Gods Unchained, MetalCore, Star Atlas and other Web3 Games Win Polkastarter GAM3 Awards In a live ceremony on December 15th, the 16 winners of the first-ever industry awards were unveiled. 28. Meet the winners of the Polkadot Buildathon: India Three blockchain projects built on Polkadot won the Polkadot Buildathon: India. Learn more about what they built, the Buildathon and Polkadot's support for devs 29. Acala Brings First Layer-1 Chain Customization to Polkadot Acala was the first DeFi project to win the PolkADot parachain auction with a community contribution of Poladot’s DOT token worth over $1.27 billion. 30. Building DeFi 2.0 With Cross Chain Compatibility Clover's wallet provides industry-leading cross-chain compatibility and solves a major issue in the DeFi landscape. 31. Ternoa Completes a $7.3M Seed to Foster NFT Mass Adoption and Launches Web3 Activity in Dubai, UAE 32. Ethereum is the De-facto Standard for Blockchain Apps - Unhashed #7 Unhashed is a QnA series where I speak with top execs of new and established blockchain projects to unravel the mystery of blockchain & crypto. 33. SubQuery to Make Blockchain Data Easily Accessible on the Cosmos Blockchain SubQuery is a blockchain developer toolkit that allows for web3 infrastructure through a custom open-source API between data and decentralized applications. 34. DAM Finance Launches Decentralized Multi-Chain Liquidity Infrastructure DAM Finance has announced the launch of its decentralized, multi-chain liquidity infrastructure on Ethereum and Moonbeam. 35. How to Web3 - Part 1 - A Peek into Another Reality Learn web3 today - an intro to what web3 is, and what to expect! 36. The 3 Best Alternatives That Can Be Strong Opponents to Ethereum Ethereum is holding top rank 2  by replacing Ripple, and it becomes possible because of growth in Ethereum adoption. There were many coins on the rank 2 but none permanent, which shows that it may be possible that Ethereum can get replaced by other innovative coins. 37. Why You Should Choose Blockchain Based on Programming Languages Learn which blockchains use what programming languages and why you might want to use them. 38. Creating a P2P, Messaging App on Web3 Using Substrate & Ionic - Introducing Uke - BOG#002 Creating a peer to peer messaging app and protocol. 39. Polkadot Sees Strong Growth in Q4 2022 with 64% Increase in Daily Active Account Polkadot, a Nominated Proof-of-Stake (NPoS) network, is experiencing strong growth in its Relay Chain. 40. Introducing the Uke Alpha - The First Wallet-less Blockchain Chat App That's Going to Break Web3 Walletless web3 messaging, now implemented for your messaging pleasure. 41. What Is the Metaverse? The metaverse is a term coined by Neal Stephenson in his 1992 science fiction novel Snow Crash. 42. Introducing The New Nomination Transfer Feature For DApp Staking Shiden and Astar are improving how DApp nominators can shift their funds from one project to another. 43. Polkadot Shown as Most Active Blockchain For Developers After Ethereum Polkadot is experiencing significant growth in terms of developer adoption. It continues to add full-time developers at a higher rate than any other blockchain 44. An Internet of Banks; The Future of Defi Internet of Banks - the future of DeFi 45. Astar Network Kickstarts the DOT Festival! Astar DOT Festival is here — so get ready to hit the jackpot. We have 6M Astar tokens waiting for you to join in the fun! 46. Comparison on Core Elements of Major Public Chains In this story, we will focus on public chains, and make a comparison of key elements of public chains. 47. 3 Promising Cryptocurrencies to Invest In For 2021 & 2022 3 Promising Cryptocurrencies to Look Out For 2021 - 2022 48. Building DeFi protocols on Polkadot: An Interview with Bette Chen, Co-Founder at Acala Network Acala network is building decentralized protocol on the Polkadot network. This interview discusses the DAO architecture, parachains, and DeFi. 49. Why I Think Fusion Gets Blockchain Interoperability Right The decentralized industry is abuzz with the phrase “blockchain interoperability.” It is arguably a core faucet of blockchain technology and vital for future success. The phrase describes what blockchain has to achieve before we consider the technology successful in all aspects. 50. What Is True Blockchain Interoperability? If you are in the crypto world, then the word "blockchain interoperability" may familiar to you because there are so many projects are gaining publicity and funds from investors by using this term, and many projects like  Chainlink, Cosmos, Polkadot, and Wanchain are claiming to give true blockchain interoperability. So in this article, we will discuss about these   projects and try to understand what kind of blockchain interoperability they are giving and what benefits we can get because of blockchain interoperability? 51. Participate in Parachain Lease Offerings (PLOs) on Kusama: A Beginner's Guide To Crowdloaners There's a brand new way to back up-and-coming blockchain projects on Kusama/Polkadot — and it involves staking, auctions, and extra rewards for supporters. 52. The Biggest Emerging Trend in the Blockchain Industry is One of Privacy Manta is a suite of easy-to-use and safe open source and fully transparent code-based protocols. 53. Introducing Apron Network: A Gateway to Decentralized Infrastructure Services Apron Network, a project supported by the Web3 Foundation, received early grants from the Web3 Foundation. 54. The Next Phase of Crypto Will be The Age of dApps This article talks about Polkadot, blockchain data transfer and substrate projects. 55. The Web3 Games Blockchain Network Based on Substrate The Substrate blockchain framework has made substantial progress in the development of the Web3 Gaming Blockchain with ParaState. 56. Reinventing The Internet: Welcome to the Antinet - BOG#001 “Antinet“ - an Internet that goes against what we’ve known. 57. Privacy Protection and Web3 Analytics Though there have been more and more developers and product designers joining Web3.0 world in recent years, it is almost ignored by most of them that they are still using centralized infrastructure — data analytic tools — to build apps and webs. Every minute, project builders are making themselves part of the reason for data breach events, as they have to collect user data intendedly or unintendedly for product improvement. 58. Introducing Compounding Rewards Feature For Dapp Staking Astar is introducing its new compounding rewards features which will allow users to claim their staked rewards which will automatically be restaked. 59. Utilizing Multichain Bridge and Moonbeam to bring Liquidity to Polkadot Parachains Unlocking Ethereum liquidity is widely considered of paramount importance to any DeFi protocol’s success no matter the chain it chooses to launch on. 60. Polkadot Vs. Cardano Vs. Koinos: Which Is The Best One For You? there are similarities between these three protocols, because at the end of the day, what we are all trying to deliver are the best platforms 61. XCM on Astar is NOW LIVE!!! XCM transfer is now on Astar and you can transfer your KSM +DOT to Shiden + Astar! 62. Crypto Assets Are Primarily Communication Networks When I was in college there was a joke going around that the easiest way to piss off the physics professor was to ask him “what is gravity?”, upon which the professor would launch into a 45 minute diatribe on gravitons and the latest advances at CERN; but the truth is, we don’t really know. The best we can answer the question is that gravity is a force, but anything beyond that is currently conjecture. The same principle applies to Bitcoin. 63. DEX on Polkadot? Here are 4 projects to Consider As the Polkadot blockchain ecosystem continues to grow, we take a look at four promising DEX platforms and protocols that are offering innovative solutions. 64. Which Polkadot Projects Stand Out the Most? As the Ethereum 2.0 upgrade is again delayed until July, following a year-long series of delays, are other programmable blockchains using this opportunity to gain traction amid skyrocketing ETH Gas fees? 65. Middleware Is Where The Next Tens of Billions Market Is In The Polkadot Ecosystem Polkadot is a highly scalable project that can accommodate a large number of ecological niches. 66. Polkadot and its Funky Family! Polkadot has been one of the most talked about blockchain projects in recent times. A host of innovative blockchain projects are being developed within the Polkadot ecosystem. 67. Why I'm Bullish On Polkadot And The $DOT Ecosystem At its core, Polkadot is a highly scalable and fully interoperable blockchain protocol upon which the next generation of the web is being built. 68. Proof-of-Stake Is Coming of Age, and Polkadot is Leading the Pack Polkadot is currently the leading, highest value, and most secure PoS platform, offering estimated rewards of 13.87% per year. 69. An Algorithmic Decentralized Central Bank: Eliminating Irrational Token Allocation with SORA For this article, we focus in particular on the macroeconomy, tokenomics, macrotokenomics, governance, and decentralized applications 70. Understanding the Business Valuation Logic of Apron Network The core of traditional business project strategy is positioning, which is the consensus of the industry. The traditional theoretical framework for positioning strategy was first proposed by Michael Porter. 71. Everything You Need to Know About Polkadot Polkadot is designed to be scalable, modular, and extensible, allowing it to support a wide range of use cases such as DeFi, gaming, IoT, and more. 72. Generating Randomness In Blockchain: Verifiable Random Function Blockchains such as Bitcoin are facing a key problem. How to fairly spread out the decision-making consensus on what pool will win the competition and have the right to add the new block into the blockchain itself. 73. Blockchain Developers' Report Q2 2020 An in-depth analysis of developer data revealing a year of meteoric rises and falls 74. 5 Polkadot Projects Worth Checking Out [April 2021] Learn more about the 5 best Polkadot ecosystem projects in 2021; featuring Acala, Moonbeam, PolkaBTC, Darwinia and PolkaFoundry. 75. Building A Blockchain in Rust & Substrate: [A Step-by-Step Guide for Developers] A beginner-friendly tutorial on how to build hardcore blockchain infrastructure in Substrate, an open source framework. Thank you for checking out the 75 most read stories about Polkadot on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

75 Stories To Learn About Polkadot

The Non-fungible token (NFT) market has seen a sharp decline in activity since its 2021 peak, when 'NFT' at one point was among the most searched words on Google. According to the latest by DappRadar, the total NFT trading volume in August 2023 was $559 million, a 16% drop from the previous month. Cumulatively, trading volumes this year stand at $8.9 billion, which is only a third of the volumes generated in 2021 and 2022: $24.7 billion and $25.2 billion, respectively. report NFT However, it is worth noting that despite a decline in total volumes and sales, NFTs still account for a large share of the active Web3 space, making up 37% of unique active wallets in the DApp ecosystem. In the next sections of this article, we will further analyze some of the major trends in the NFT space to provide a clearer picture of the current state of the NFT market. Ethereum Continues to Dominate NFT Development While several blockchains have emerged in the recent past, none of them has yet challenged Ethereum’s dominance in NFT development. As per the latest , Ethereum commands over 80% of the NFT market share, having recorded $0.84 billion in trading volume in June 2023. Layer 1 and Layer 2 data But what's more intriguing is the emergence of Bitcoin as a contender in the NFT space following the launch of the BRC20 standard that has given rise to Bitcoin ordinals (to be discussed in a later section). In Q2 2023, NFT-related volumes on the Bitcoin blockchain surged to an impressive $0.34 billion, which was roughly 10.8% of the total NFT volumes. Other blockchain platforms that also still have some traction in the NFT ecosystem include ImmutableX, Polygon, Solana, Flow, Arbitrum, and the BNB chain. Blur Surpassed OpenSea as the Premier NFT Marketplace One of the interesting developments in the NFT space year was Blur leapfrogging OpenSea to become the leading . Launched in October 2022, Blur surpassed OpenSea in February 2023 when the project debuted its native token, $BLUR, airdropping $300 million worth of this governance token to 'loyal' NFT traders. NFT marketplace But Blur’s rise has not been without criticism. According to several crypto experts, Blur’s incentive model has contributed to lowering the floor price of NFT collections. The project’s NFT lending platform, 'Blend,’ has been in the for giving NFT traders access to excessive leverage, which may have triggered the cascading NFT liquidations witnessed in July 2023. spotlight Blockchain Games NFT Collections Lead in Trading Volumes Blockchain games remain the most active NFT category, both in terms of daily active users (DAUs) and trading volumes. The latest statistics from Dapp Radar reveal that the top 5 traded NFT collections all belong to the gaming sector. Axie Infinity is currently the most traded with a market capitalization of $224 million, followed by other popular NFT games, including NBA Top Shot, Mythical Beings, Gods Unchained, and NFL All Day. NFT collection NFT Floor Prices and Metaverse Land at 2-year Lows As expected, the floor price of top NFT collections has declined compared to the highs of the bull market. The Bored Ape Yacht Club (BAYC) floor price is currently at 24.8 ETH ($40,052), according to ; this represents a significant drop from its peak price of 152 ETH ($429,000) in April 2022. NFT Price Floor metrics The Azuki NFT collection has also experienced a similar decline, further exacerbated by the launch of Azuki Elementals. This launch sparked an uproar, with critics arguing that Azuki’s latest NFT collection is basically a ‘replica’ of the artwork in its pioneer collection. The winter has been no less forgiving to the metaverse land barons. A by Coingecko reveals that land parcel prices in popular virtual worlds, such as Decentraland and The Sandbox, are much more affordable now than they were a year ago. The average price of land in Decentraland has fallen to 0.64 ETH from 5.24 ETH, while in The Sandbox, prices have decreased from 4.20 ETH to 0.43 ETH. comparison Investors Are Holding Back: Funding Continues to Decline After the events that shook the crypto market last year, from Luna's collapse to FTX's insolvency, investors seem to be more cautious. The latest funding data reveals that only $297 million was invested in the blockchain gaming space in July 2023. In contrast, this segment attracted over $4.4 billion in funding in 2022. Low Investor Sentiment - Time to invest? Undoubtedly, the NFT market has witnessed a significant dip in investments, with investor sentiment highly bearish. Yet, historically, such periods often present the most lucrative opportunities in the larger crypto realm. Could this be the golden moment for NFTs as well?\ We sought further insights from legendary , an NFT enthusiast and expert, on the prevailing market mood, Punk6529 “NFTs are the newest, least developed part of the crypto ecosystem. It is normal in this context to have very significant market cycles, similar to early BTC. Prices and volumes for NFTs will go up and down, but nothing changes the fact that they are the only way to own non-fungible digital objects and, more generally, intangibles in a decentralized, composable manner (as opposed to a specific corporation's database). As with BTC, ETH, and DeFi, it is a big intellectual leap to understand them, and adoption will take time.” Bitcoin Ordinals - The New NFT Phenomenon As mentioned earlier, Bitcoin ordinals are the latest addition to the NFT ecosystem. This newly added Bitcoin protocol allows users to leverage satoshis (sats) to . By design, each Bitcoin is composed of 100 million sats, which can be uniquely identified and tracked. This enables individuals to attach additional data through a process called inscription, making it possible to create NFTs on the Bitcoin blockchain. generate Bitcoin NFTs Bitcoin ordinals were launched in February and gained momentum in Q2, generating over $400 million in trading volume in May with a total sale count of 832,648. However, the hype seems to have subsided, with monthly volumes shrinking to less than $5 million as of mid-August 2023. NFTs Beyond Art and Gaming NFT innovations are also being adopted beyond the blockchain ecosystem, most notably in asset tokenization. According to by Boston Consulting Group (BCG), this burgeoning niche has the potential to grow into a $16 trillion market within the next decade. projections In line with this, several developments are already underway. Traditional financial institutions, including tier-1 banks like Goldman Sachs, have indicated that they might soon leverage the potential of NFTs to broaden access to some of their financial products. Also more recently, SWIFT that it has completed a joint blockchain interoperability test with several financial service providers, including BNY Mellon, BNP Paribas, SIX Digital Exchange, and Citi, in a bid to pave the way for the tokenization of the traditional financial ecosystem. announced For a comprehensive review of how NFTs are impacting traditional industries, we have published an on the topic with more detailed insights. article Stay Updated - Follow me on Twitter! Enjoyed these insights? There's more where that came from. Follow me on for daily tidbits and updates. Twitter/X Also published . here

Bear Market Blues: The State of NFT Trends, Challenges, and Opportunities in 2023

Web3 moves fast — new concepts or solutions seem to be hyped nearly every month. Some trends catch on — like L2s and NFTs, and some quickly sink into obscurity. A healthy distrust of the hype is good practice, but staying on top of things to understand the truly groundbreaking changes is essential, too. In this article, I’ll try to help you keep up by highlighting some of the current trends that I think have staying power: Account abstraction Composability Utility NFTs In-game assets for gaming Stealth addresses So, let’s check out these five current trends, what they mean for the ecosystem, and how you might leverage them! Web3 1. Account Abstraction (AA) could be the most significant Web3 trend of this year due to its potential to finally make onboarding to Web3 as simple as it is in Web2. Account abstraction Onboarding in Web3 is challenging because users need to install a crypto wallet, ensure they manage their keys securely, remember seed phrases, and acquire tokens to pay gas fees on their transactions. Compare that to entering your email or logging in with your social accounts in Web2, and it’s obvious why most users have yet to adopt decentralized apps (dApps). AA solves these issues by abstracting user accounts into smart contract accounts. Another way of thinking about this is that AA means every account is now a smart contract that can contain logic, user authentication, social recovery, etc. The typical activities we associate with a user account — signing transactions, for example — have been abstracted out. This allows for powerful functionality, such as the ability for a dApp to sponsor users’ gas fees and the ability to pay gas fees in any token. Many chains have chosen to implement--or are at least talking about implementing--AA. For example, (a popular wallet) uses AA with to implement multicall, where wallets can sign multiple transactions at once (instead of waiting for each one to complete). Argent X Starknet On , account abstraction is even broader and is the basis for Walletless Onboarding, which uses hybrid custody to create an onboarding experience for users that is nearly seamless. The hybrid custody model uses AA to allow for account delegation — where a child account delegates control to a parent account through a . This essentially allows one account to control another. Flow Capability This means: dApps can create wallets for users. There’s no key management, signing transactions, even knowing there is a blockchain behind the scenes. dApps can delegate access back to the user’s account when needed. dApp assets can be taken anywhere the user account goes — trading in marketplaces, etc. That’s a much better user experience than we see in most web3 dApps. 2. NFT and Smart Contract Composability Composability is the ability for developers to build on top of shared standards. It allows you to not only build solutions more quickly but also (since you are hopefully using open and proven solutions) to minimize risk. You could also say composability allows you to “ .” mix and match software components like LEGO bricks On , one example is that smart contracts are themselves building blocks. Your dApp or smart contract can call any existing smart contract and use its functionality as needed. You don’t have to rebuild basic functionality every time. Ethereum Another example is with NFT composability. As long as NFTs adhere to established standards, a wide variety of dApps can interact with them. The popular NFT , for example, to the Flow blockchain because the Flow architecture allowed for increased composability, even allowing NFTs to be equipped with other NFTs, such as purchasing NFT wearables for their Doodle. This also meant that NFT holders could take their Doodles to social, games, live events, and more. Doodles moved 3. Utility NFTs Most non-fungible tokens (NFTs) have no value other than the NFT itself (for example, generative art NFTs). For many people, this is enough! But more and more NFTs are starting to add utility — for example, token-gated services based on the NFT. An early example of this is ENS. If you buy an , you don’t just get the bragging rights of the NFT; you also get control over that ENS domain, including the ability to change its target address and metadata. As a result, an ENS NFT has a utility that goes beyond simple ownership. ENS domain , in general, are starting to add more real-world benefits and utility, and I expect more of the same in the future, for example: NFTs Subscriptions Access to events Certifications sharing Music royalties Access to music Metaverse ownership, such as land and fashion and much more as the tech evolves. 4. In-Game Assets for Gaming It’s been talked about for years, but are in-game assets for NFTs finally ready for prime time? Traditional games have had “token” economics for years. In-game currencies and assets are part of the business model, and achievements are strategically placed to keep players playing (think loot boxes). But in these traditional systems, players can’t transfer or sell their assets outside of the originating game. And if the company or game shuts down, your assets are lost. Blockchain-based in-game assets allow you to keep, control, sell, buy, and use these assets across games. If your fabulous ax in were an NFT, you could use it in other games that supported NFTs. If your Fortnite V-Bucks become tradable on a decentralized exchange for USDC, you could cash out whenever you wanted. World of Warcraft There are already: lots of in-game NFTs Metaverse land, such as The Sandbox God’s Unchained Cards Axie Infinity Axies In-game wearables in Decentraland So far, in-game NFTs have seen success in the play-to-earn space. Will we see it expand to interoperability? Will we see more popular gaming companies adopt NFTs? We’ll see! 5. Stealth Addresses Privacy is another hot issue on the blockchain. On most blockchain networks, transactions are public. If someone sends you tokens or an NFT, anyone can see the transaction and see the details — how much, the sender, the recipient, etc. While this is great for transparency, most users don’t want the world to know the details of their transactions. Stealth addresses solve this issue by providing transaction privacy. They allow you to automatically create a new address for each transaction. These new addresses are tied to your main address, but that link is only revealed to the parties in the transaction. Outside observers are unable to see the details of the link. So they can see the transaction, but they don’t know it’s associated with your account. This is important for adoption — if you were getting paid in crypto, for example, you wouldn’t want anyone to be able to see what your salary is. a system to bring stealth addresses to Ethereum. Vitalik Buterin recently proposed Blockchain privacy has also seen a regulatory crackdown recently (see the ). And in some instances, this is for good reason. We’ll have to see where privacy goes from here, but stealth addresses are on an interesting path! Tornado Cash issue Conclusion Those are five current that could be truly transformative over the next year. The space changes and advances quickly, though, so the best way to be early to trends is to stay involved, keep learning, and try out everything! Web3 trends Have a really great day! Also published . here

5 Web3 Trends That I'm Keeping an Eye on for the Rest of 2023

116 Stories To Learn About Tech Awards

Blockchain technology is a distributed ledger system (DLS) that provides robust security, transparency, and immutability transactions. Blockchain is a type of database shared across a computer network. Additionally, this network constantly grows as new blocks when new data is added. The most interesting fact is that each block possesses a timestamp and a link to the preview block data. Simply put, this data security feature makes the whole blockchain network difficult to change or hack. Blockchain technology is most commonly associated with cryptocurrency, such as Bitcoin. However, it has a wide range of potential applications in other industries; for instance, supply chain management, healthcare, gaming, and finance. This was a small introduction to blockchain technology. But the main question here is how it affects the gaming sector. So, the basic terminology behind it is its fruitful benefits and features that entice big companies to incorporate this technology to grow their gaming business and drive it to the future. Blockchain has many capabilities that make it a proficient choice for gaming business development. How Blockchain is Revolutionizing the Gaming Sector? Read on to find out how blockchain positively impacts the overall gaming industry. Cryptocurrencies for In-game Purchases Blockchain is a relatively strong decentralized network that also has the capability of incorporating digital currencies. This led companies to build games on blockchain platforms to leverage the tremendous growth rate of digital currencies and grow their own businesses rapidly. to allow themselves to deal with cryptocurrencies. Companies want to expand their businesses on blockchain networks in gaming or any other sector. Many successful companies are starting their business on blockchain Businesses can allow players to make in-game purchases using various digital currencies. As the world is moving towards digitalization, allowing your business to indulge in the most recent and popular cryptocurrencies can give you higher profits than others who don't. Blockchain start-ups are already seeing this opportunity. For example, Enjin has introduced a framework for game developers which include the following: ● Software development kit (SDK); ● Crypto wallets; ● Game plugins; ● Other apps for virtual item management and payment gateways. They are also bringing blockchain technology to the gaming industry. They have an ERC20 token, ENJIN Coin that will support transactions on their platform. Blockchain Provides a Safe & Secure Environment for Game Developers & Entrepreneurs Blockchain networks use highly powerful data encryption technologies and systems such as private key-public keys to secure crypto token transactions. With the power of computing technology we have today, hacking these data encryption techniques is impossible. As a result, hackers cannot attack a decentralized blockchain network because there is no single server to destroy. The nodes (servers) maintain the distributed database in a shared manner, and each node has complete access to the information in the database. Hackers cannot delete or modify the transaction history of an existing network in the blockchain, and it is impossible to stage a 'Distributed Denial of Service' (DDoS) attack against these networks. Blockchain networks use 'proof of work' (PoW) or other consensus algorithms to secure the network. Eliminates Third-party Interference The blockchain network is decentralized, which means no interference from any kind of middleman or mediator. This decentralized platform allows players to have more control over their in-game assets. Also, players can securely and easily trade or sell their assets to anyone they want on the platform and get digital currencies in exchange. Currently, blockchain is one of the best-secured networks, and it is not only boosting the gaming industry, but the whole industry is leveraging its capabilities. We have already seen that many gaming industry giants, such as , have grown their business more rapidly and grabbed higher profitability. The mixture of blockchain and cryptocurrencies is perfect for successfully growing your gaming business; it offers you to turn your face to the future. Axie Infinity Examples of Blockchain-based Games To understand how profitable this blockchain gaming industry is, here are some of the best examples of it. ● Axie Infinity ● The Sandbox ● Decentraland ● Gods Unchained ● Alien Worlds If you want to learn more about them, you can visit these sites. They are remarkably amazing and currently leading blockchain-based game platforms worldwide. That's it for now, my fellow friends. I hope this information can help you understand some basic aspects of the blockchain gaming industry and how it is on the path to revolution. If you are looking for a blockchain development company that can help you with your next blockchain game project, please visit our website at ( ). www.orioninfosolutions.com

How is Blockchain Revolutionizing the Gaming Industry?

¿Cómo Blockchain está revolucionando la industria del juego?

Comment la blockchain révolutionne-t-elle l'industrie du jeu ?

ब्लॉकचेन गेमिंग उद्योग में क्रांति कैसे ला रहा है?

ブロックチェーンはゲーム業界にどのような革命をもたらしますか?

Como o Blockchain está revolucionando a indústria de jogos?

Blockchain đang cách mạng hóa ngành công nghiệp trò chơi như thế nào?

区块链如何革新游戏行业？

the leading R&D firm for the , purchased 5,728 shares of common stock shares at , a $50M pre-money valuation. Forward Research Arweave ecosystem HackerNoon $42.55 per share This is great news for our shareholders, who’ve previously purchased shares at the and at the , which was the last issuing of new HackerNoon shares. 2019 equity crowdfunding price of $8.20 2020 strategic investment price of $11.35 HackerNoon agreed to . This ensures that HackerNoon, who recently exceeded one billion words published, and it’s contributing writers, will have for all their stories. back up the HackerNoon library on Arweave Web3 backups Pioneering Text Preservation with Arweave Your stories should last forever. HackerNoon not only publishes about , , and , but also works to integrate our publishing system with the emerging technologies that will make the next internet. We’re aiming to partner with products and companies like Arweave, who’ve made technological breakthroughs in digital publishing. blockchain cryptocurrencies web3 “We backed up the entire HackerNoon library on Arweave for about $58,” said . “We’re still in the very early days of a truly decentralized internet, but when it comes to hosting and distributing digital text, we’re thrilled to be a small part of driving that cost towards zero.” HackerNoon Founder & CEO David Smooke Stories are how we learn. Stories have the power to inspire, to guide, to change lives. We are working to make HackerNoon stories last forever. More Web3 Integrations Already Live on HackerNoon Before this partnership, we’ve built and integrated functions to further HackerNoon’s journey into the world of Web3. Signup / Login with Wallet 1.0 is email, 2.0 is social, and 3.0 is the digital wallet. Really exciting for readers, writers, and partners to be able to use all HackerNoon has to offer with just a 3.0 identity. and NFTs as Profile Photos Story Embeds People can embeds NFTs into HackerNoon stories and use them as their profile avatars, which show up bordered by the notorious identity hexagon. Noonies Tech Awards NFT Badges Our yearly tech awards come with many prizes, including original NFT badge for all the winners to signify and preserve their accomplishments. : ex , , Crypto Data Price Pages $BTC $ETH $AR These coin price pages combine curated stories with timely data to form a qualitative and quantitate hub about each top cryptocurrency. Web3 Writing Contests By publishing with web3 tags, contributors enter to win prizes from paying customers such as Sandbox, Sora, Coinsbee, NOWpayments and Avalanche. : ex , Blockchain games rankings Axie Infinity Gods Unchained We monitor and measure the world’s most-trending blockchain games based on internet traction and blockchain activity. Publishing More Web3 And of course everyday, publishing more , , , , , and related stories :-) ai blockchain cryptocurrency decentralization web3 One of the most important things we think Web3 can help us achieve is preservation. With our partnership with Arweave, and the other integrations, we are working to further decentralize the HackerNoon, making us a more community-driven, trustworthy and sustainable place to read, write, learn and publish. About HackerNoon How hackers start their afternoons. We are an open and international community of 35,000+ contributing writers publishing stories and expertise for 4,000,000+ curious and insightful monthly readers. Founded in 2016, HackerNoon is an independent technology publishing platform run by David Smooke and Linh Smooke. . HackerNoon’s built for technologists to read, write, and publish. Learn more about what humans think of HackerNoon About Arweave The Arweave network is like Bitcoin, but for data: A permanent and decentralized web inside an open ledger. Permanent storage has many applications: from the preservation of humanity's most important data, to the hosting of truly decentralized and provably neutral web apps. The Arweave protocol is stable, mature and widely adopted. It acts as a map that points you to places you can learn about, use and build on Arweave. In the comments below, let us know what you think of these integrations and what other Web3 integrations you’d like to see us roll out.

HackerNoon Raises $250k at $50M Valuation From Forward Research

হ্যাকারনুন ফরওয়ার্ড রিসার্চ থেকে $50M মূল্যায়নে $250k সংগ্রহ করে৷

HackerNoon sammelt 250.000 US-Dollar bei einer Bewertung von 50 Millionen US-Dollar von Forward Research

HackerNoon recauda $ 250k a una valoración de $ 50 millones de Forward Research

HackerNoon lève 250 000 $ à 50 millions de dollars d'évaluation de Forward Research

हैकरनून ने फॉरवर्ड रिसर्च से $50M मूल्यांकन पर $250k जुटाए

HackerNoon が Forward Research から 5,000 万ドルの評価額で 25 万ドルを調達

HackerNoon, Forward Research로부터 5천만 달러 가치 평가로 25만 달러 조달

HackerNoon levanta $ 250k em avaliação de $ 50M da Forward Research

HackerNoon İleri Araştırmalardan 50 Milyon Dolarlık Değerlemeyle 250 Bin Dolar Artırdı

HackerNoon huy động được 250 nghìn đô la với mức định giá 50 triệu đô la từ nghiên cứu chuyển tiếp

HackerNoon 以 5000 万美元的估值从 Forward Research 筹集了 25 万美元

Non-fungible tokens (NFTs) can revolutionize the gaming industry by unlocking the full potential of blockchain technology. Non-fungible Tokens (NFTs) are blockchain-based tokens, each being distinct, allowing them to be linked to assets representing ownership, such as a collectible or in-game asset. This allows for true ownership and scarcity in the virtual world, leading to increased player engagement, new business models, and more opportunities for players to monetize their virtual assets. Additionally, with NFTs, the gaming industry can benefit from blockchain technology's decentralized, transparent, and secure nature, leading to a more immersive and rewarding gaming experience. NFTs in Blockchain Gaming NFTs in blockchain gaming brings a new level of realism and uniqueness to virtual assets. With NFTs, each digital asset can be verified as unique, meaning it can't be duplicated or altered, providing added value and security for players. In addition, this allows players to truly own their virtual assets and trade or sell them as they would with physical collectibles. In addition, NFTs can help facilitate new business models in the gaming industry. For example, NFTs can represent virtual real estate in a game, enabling players to own and control their virtual plots of land. This can create new revenue streams for game developers and players alike. Using NFTs in blockchain gaming also increases transparency and security in transactions. Since NFTs are stored on a blockchain, their ownership . This reduces the risk of fraud, ensuring that transactions are secure and tamper-proof. can be easily tracked and verified Another advantage of NFTs in gaming is that they can create a more dynamic and ever-evolving virtual world. For instance, NFTs can represent unique in-game items or collectibles, which can change in value based on supply and demand. This creates a new level of excitement and unpredictability for players, adding an element of unpredictability to the gaming experience. Comparison with traditional gaming models Blockchain gaming and traditional gaming models differ in several key ways. While traditional gaming models are centralized, with a single entity controlling the game and its assets, blockchain gaming is decentralized, meaning that it operates on a distributed network of computers, and players have more control over their virtual assets. In traditional gaming models, players do not truly own their virtual assets, as the game developer retains control over them. In contrast, blockchain gaming allows players to truly own their virtual assets, as NFTs are stored on a blockchain, providing a tamper-proof and unalterable record of ownership. Another key difference is that traditional gaming models often have limited options for monetizing virtual assets, while blockchain gaming provides new revenue streams through the sale and trade of NFTs. Finally, traditional gaming models can be vulnerable to hacking and fraud. In contrast, blockchain gaming benefits from the enhanced security and transparency provided by the decentralized and secure nature of the blockchain. While traditional gaming models have their strengths and benefits, blockchain gaming offers a new level of interactivity, ownership, security, and monetization opportunities, creating a more engaging and dynamic gaming experience for players. Blockchain & NFT Gaming Platforms in the industry Metaskins, a metaverse and NFT development platform, works on developing the infrastructure behind blockchain-based games. Recently the platform released some blockchain-based games via GamesonChain, where users can connect their wallets and engage in different decentralized applications (dapps). Many of the games are based on wagers and skill on the platform. They anticipate that metaverse games and other platform features can facilitate issues like slow load times and inefficient processes. For each game, the platform made adjustments to improve the user experience, especially in terms of convenience and speed. By using an in-house verified random function (VRF) that speeds up on-chain transactions, the platform aims to address those concerns. Gods Unchained is a collectible card game that is powered by blockchain technology. So, players can buy, sell, and trade unique digital cards on a decentralized marketplace, similar to how cryptocurrency is traded. In Gods Unchained, players build decks of cards and compete against each other in fast-paced, strategic battles. One of the key features of Gods Unchained is the use of NFTs, or non-fungible tokens, to represent the cards in the game. Each NFT is unique and cannot be replicated or exchanged for another card of equal value. This means players have true ownership and control over their cards and can even sell them on a secondary market for real-world value. Gods Unchained also offers a rich, immersive world filled with lore and mythology, where players can explore the history and stories of the gods and creatures featured in the game. With its fast-paced gameplay, deep strategy, and valuable, collectible NFTs, Gods Unchained is a top-tier example of the potential of NFT-powered gaming. Decentraland is a blockchain-based 3D universe where players can purchase, own, and control virtual real estate. In addition, players can build and monetize their experiences, such as games, events, and virtual stores. Decentraland operates on the Ethereum blockchain, providing a secure and tamper-proof record of ownership for each virtual property. As a result, the virtual world is a decentralized, player-driven ecosystem where users have the freedom to create and interact with each other without interference from a central authority. Axie Infinity is an Ethereum-based game where players can collect, battle, and trade creatures blockchain-based animals called Axies. Each Axie is an NFT verified as one-of-a-kind, providing a unique and secure representation of the creature. Players can breed and raise their Axies and trade or sell them to other players. The game operates on the Ethereum blockchain, allowing for seamless and secure player transactions. Challenges Despite the many benefits and potential of NFT-powered gaming, there are still some challenges that the industry needs to overcome to reach its full potential. One of the main challenges for blockchain gaming is scalability, as the current infrastructure of the Ethereum blockchain, where many NFTs are stored, still needs improvement in terms of the number of transactions that can be handled per second. This process can lead to slow transaction times and high user fees, making it difficult for the NFT-powered gaming industry to scale and reach a mass audience. Another challenge is user adoption and understanding, as NFT-powered gaming is still a relatively new concept, and not everyone may understand how it works or be comfortable using cryptocurrency. This can make it difficult for NFT-powered games to reach a larger audience and may also limit the potential for widespread adoption and growth of the industry. There is also the issue of market saturation, as the number of NFT-powered games is growing rapidly, and some players may need help with the sheer number of options available. This can lead to a decrease in the value of NFTs and a reduction in the overall market size for NFT-powered gaming. Finally, there are concerns about the of NFTs and the energy consumption required to run the blockchain networks that support them. This can be a challenge for the industry as a whole, as it may make it difficult to achieve widespread adoption and growth if users are concerned about the environmental impact of NFTs. environmental impact While NFT-powered gaming offers many benefits and can transform the gaming industry, significant challenges must be addressed to reach their full potential. In conclusion NFTs can revolutionize the gaming industry by allowing users to own their digital assets via the blockchain. In addition, NFT-powered games offer unique benefits, such as one-of-a-kind virtual items, secure ownership, and player-driven economies, that are impossible with traditional gaming models. However, the NFT-powered gaming industry is still in its early stages and faces several challenges, such as scalability, user adoption, market saturation, and environmental impact. Nevertheless, as the technology and infrastructure continue to mature and evolve, the potential for NFT-powered gaming to transform the industry and unlock new possibilities for players is immense.

NFTs: The Key to Unlocking the Full Potential of Blockchain Gaming

Minecraft released a on its website emphasizing its lack of interest in integrating any form of NFTs into its games. statement In this Slogging thread, our community discussed Minecraft's choice of not integrating NFTs on their gaming platforms. This Slogging thread by Valentine Enedah, Mónica Freitas, Marco Sullivan and Sara Pinto occurred in slogging's official #blockchain channel, and has been edited for readability. Valentine Enedah Jan 13, 2023, 11:10 AM Minecraft Chooses Classic Gaming Over NFT Hype http://mashable.com/article/minecraft-no-blockchain-nfts Gamers on the platform do not like the idea of purchasing NFTs on top of the video games they already pay for. Minecraft is not the only video game company to express a lack of interest in NFTs. Companies like Sony have announced PlayStation Stars, a loyalty program that rewards players with digital collectibles. Sony also mentioned that these collectibles were not NFTs. Valentine Enedah Jan 13, 2023, 11:12 AM Valentine Enedah Jan 15, 2023, 10:00 PM Minecraft also emphasized the fact that it is not against monetization, as users already pay for access to the Minecraft server. Nevertheless, NFTs would change the dynamics of the game and give players with more money an unnecessary upper hand, which they are not okay with. What do you think? Mónica Freitas Jan 16, 2023, 4:11 PM Not a very good sign for NFTs - to be useful and meaningful they have to be functional. This won't happen if companies don't adhere to them. And Minecraft is a big name in the gaming industry. I hope this doesn't backlash on NFT adoption as a whole 💚 1 Valentine Enedah Jan 16, 2023, 8:46 PM Mónica Freitas It has already started to have a lot of effect on it cause NFTs are gradually losing popularity. Valentine Enedah Jan 17, 2023, 5:30 AM Mónica Freitas BAYCs and Cryptopunks NFTs lost a great deal of value over the last nine months. Marco Sullivan Jan 17, 2023, 2:29 PM Valentine Enedah This is a serious problem as it will have an effect on the impact of NFTs. What gaming platforms love NFTs? Mónica Freitas Jan 17, 2023, 7:59 PM Valentine Enedah oof, and NFTs was a very polarising topic as it is. Many people hated the idea or didn't see the purpose, and with this move, Minecraft is supporting that claim. Not a good day for NFTs and companies working with them and dependable on them. 💚 1 Valentine Enedah Jan 18, 2023, 2:32 AM Mónica Freitas Indeed, this might just lead to a terrible crash of NFTs. Do you have your NFTs? Valentine Enedah Jan 18, 2023, 2:33 AM Marco Sullivan These are some top games in 2023 that support NFTs. Axie Infinity. Alien Worlds. Gods Unchained. The Sandbox. Splinterlands. Sorare. The Walking Dead: Empires. Dogami. Sara Pinto Jan 23, 2023, 10:47 AM I've said before, and I'll say it again: maybe this isn't for everyone. They might be closing their options, but they're also establishing a stronger relationship with the ones that already play the game. However, because NFTs would change the gameplay dynamics and give players with monetary means an upper hand in-game, the developer is opposed to the technology. And this sentence reinforces that idea, Valentine Enedah 💚 1 Valentine Enedah Jan 23, 2023, 3:32 PM Sara Pinto This is true. Do you still believe in the metaverse or NFTs cause I feel the hype behind these things has started to die gradually? Sara Pinto Jan 24, 2023, 11:38 AM I guess so. Personally, I'm not very into it. I don't own any NFTs or experienced anything in the Metaverse. However, it has advantages, and it opened quite a few doors and created business opportunities. For example, I think it's interesting and useful the NFT digital twin for luxury items. Since many of these are exclusive, having that kind of certificate can bring even more value when reselling. It brings more credibility, Valentine Enedah. 💚 1 Sara Pinto Jan 24, 2023, 11:41 AM Overall, I think that everything works in highs and lows. Right now, the interest might be decreasing, but since it created these opportunities, who knows how it will be in the future? Plus, marketing makes or breaks. If companies take the decision to keep investing in this, the interest might change Valentine Enedah Jan 24, 2023, 1:35 PM Sara Pinto You've made a great point and I hope it all works out for these technologies. Mónica Freitas Jan 25, 2023, 7:28 PM Valentine Enedah I never bought NFTs. I can understand their utility but it has none for me at the moment. You need money to invest, and unless that's something you really appreciate, you're not going to spend your money on NFTs. Do you have NFTs? Valentine Enedah Jan 26, 2023, 2:21 PM It is quite sad but I haven't purchased an NFT. I have been quite lucky and opportune to have won some free NFTs. I recently discovered Grifters NFT and you can create your own NFT and sell it on their page. This is the one I created. Nice? Mónica Freitas Feb 1, 2023, 11:38 AM I actually love that Valentine Enedah COCO vibes - the movie - strangely 🔥 1 Valentine Enedah Feb 1, 2023, 1:39 PM Mónica Freitas True!😂 It's a great movie. 🔥 1

Minecraft Chooses Classic Gaming Over NFT Hype

The Polkastarter Gaming GAM3 Awards 2022 crowned its winners on December 15 marking the conclusion of the inaugural edition of the awards. After narrowing down the final nominees to 32 unique games from a pool of over 200+ web3 games, the winners of the 2022 are finally here! GAM3 Awards The awards’ jury included the likes of Justin Kan, Founder of Fractal; Urvit Goel, Head of Global Games at Polygon Studios; Itai Elizur Managing Partner at Market Across; Rachel Levin, Director of Venture & Strategy at ImmutableX and Matt Sorg, Head of Technology at Solana Foundation, Edward Chang, Head of Gaming at Avalanche; and Yoshihisa Hashimoto, Co-Founder of Lv.99 and gaming industry veteran amongst several other gaming industry leaders & web3 gaming experts to help come to the final decision. October 23rd, 2022 marked the first GAM3 Awards announcement, and since then, 100s of web3 games pushed their communities to nominate & vote for them across different categories. Moreover, 1000s of social posts were spread across partners, games, media outlets, content creators, and community members with an estimated reach of over 11M+ across social media platforms. In addition, community voting played a role in deciding the final decisions with over 250,000 votes across all 16 categories to further cement the status of the GAM3 Awards as THE biggest web3 gaming event of the year. The GAM3 Awards Game of the Year drew the most attention, and deservedly so, as the category aims to celebrate the best web3 game that blurs the line between traditional and blockchain games in terms of quality. As for the Best Content Creator award, it saw 23 unique web3 gaming content creators receive nominations until the final day of voting to crown the top content creator in our industry. Furthermore, the People’s Choice Award gave the opportunity for each game to put their community to the test by rallying them to nominate their favorite games to come out on top as the web3 game that the people chose to win. The category saw fierce competition, featuring over 50 unique games put forward by over 30K voters. The Games' Choice Award is where game recognizes game, but in a more literal sense of the phrase. The category was closed to the public and exclusive to game studios to nominate their peers' games as an industry-focused vote for their own version of . Game of the Year As for the remaining categories, they each saw fierce competition with 5 nominated games each from a total list of 32 finalists. The following list showcases the games that were crowned winners of each respective category in the inaugural edition of the GAM3 Awards: : Big Time Game of the Year : Shrapnel Most Anticipated Game : Star Atlas Best Graphics : Superior Best Action Game : Thetan Arena Best Mobile Game : Big Time Best Adventure Game : Blankos Block Party Best Casual Game : Illuvium Best RPG : MetalCore Best Shooter Game : Gods Unchained Best Strategy Game : Gods Unchained Best Card Game : EV.IO Best Multiplayer Game : EV.IO Best Esports Game : Brycent Best Content Creator : League of Kingdoms People's Choice Award : The Harvest Games' Choice Award Each of these games will share prizes valued at over 1,000,000 US Dollars thanks to contributions, services & grants partners including Immutable X, Blockchain Game Alliance, Machinations, Ultra, Naavik, Galxe, Hacken, Venly, HackenProof, Shorooq, Elixir, Arcade, and MetaCon. The GAM3 Awards marked itself as more than an awards ceremony, showcasing never-seen-before and exclusive footage of countless web3 games heavily anticipated by everyone within the industry. Most notably, everyone got to see Blocklords gameplay in action for the first time, with other exciting games titles including Mythic Protocol, Cards of Ethernity, Mummy.io, and Elarium among others giving us a glimpse of what they have been working on. In addition, several other web3 games chose the event to showcase their upcoming announcements and unreleased gameplay footage as all eyes in the web3 gaming industry were on the official awards livestream on December 15th. Speaking about the awards, , Founder of Fractal, the awards’ content partner, expressed his enthusiasm toward what the GAM3 Awards can do for the web3 gaming space moving forward: Justin Kan “ ” We are excited to partner with Polkastarter Gaming on this event, it is truly a step in the right direction for the industry and the first of its kind in web3 gaming! In addition, , Head of Global Games at Polygon Studios, equally emphasized the importance of gaming’s contribution to the growth of blockchain technology in his following quote: Urvit Goel "It is an amazing list of quality games that really showcase what is coming in the blockchain gaming space. The GAM3 Awards has shown how many quality blockchain games are being built, and the passion of those builders." 2022 comes to an end, but next year promises a new, even more, exciting chapter for web3 gaming. The quality of blockchain games is rapidly on the rise, with the GAM3 Awards proving to be a testament to how far the industry has come, and how bright the future looks. The 2023 GAM3 Awards couldn’t come sooner. About GAM3 Awards GAM3 Awards 2022 is the inaugural edition of the annual web3 gaming awards. Hosted by Polkastarter Gaming, Polkastarter’s first step at reimagining the future of blockchain gaming, the awards celebrate the highest quality web3 games. The event boasts industry leaders, ecosystems, and media outlets and rewards the top games, and developers, with monetary prizes and services valued at over $1,000,000. : | | | | Learn more Website Twitter Discord Twitch YouTube

GAM3 Awards 2022 Winners Revealed at Live Ceremony

16 categories are featured in the edition of Polkastarter Gaming’s taking place on December 15th, 2022. Each category needed its top five, and following the first round of voting from the members, we got our 32 finalists. inaugural GAM3 Awards jury were put in front of our judges with the challenging task of only choosing five of the nominated 20 games per category. This process narrowed down the final nominees to 32 unique games, representing the best of the best in web3 gaming. 106 distinctive games across 13 categories, The initial 106 games spanned 13 chains, with the top 3 networks represented being Polygon, BNB Chain, and Solana respectively. It goes without saying that this is proof blockchain gaming isn't reliant on a single network or the survival of a certain network, gaming will always find a home wherever it is for players to come and enjoy fun gameplay. This healthy split between networks carried over into the 32 finalists, with Polygon and Immutable X home to 8 of the nominees while Solana and Gala come in 2nd and 3rd place respectively. Three categories were excluded from the first round of jury voting as they will follow a unique process to ensure a more transparent and fair opportunity for everyone. These three are the , , and . The latter are the main drivers of adoption and they are the ones that rally their loyal communities behind them. The list of content creators in web3 gaming is long and spans various regions, cultures, and languages. That’s why the Best Content Creator award will be 100% community voted for each to send their fans to vote for them to win the award at . People's Choice Awards Game's Choice Awards Best Content Creator gam3awards.com The opened its doors for community voting on November 16th. This is the only game-specific GAM3 Award that is 100% decided by community voting, and it sparked a movement within games of all genres and from all chains. 38 games shared tweets and announcements with their respective communities, with a combined social following of more than 3 Million. This process alone qualified over 50 games for the award tallied from over 5K unique votes submitted on the platform. People’s Choice Award The is where game recognizes game, but in a more literal sense of the phrase. The 15th category in the GAM3 Awards is where each game nominates their favourite web3 title outside of themselves. It acts as a sign of respect and shows games within the space are all in a friendly competition to push the industry together. Games' Choice Award web3 gaming The GAM3 Awards was born out of the urge to recognize quality games within web3 gaming, The five finalists shown above are the perfect embodiment of how far blockchain gaming has evolved in just one year. The sky is the limit, and these five games, alongside the rest of the nominees, are all empowering everyone in the industry to keep pushing forward and leverage the incredible technology we have in our hands to change gaming forever. , , , , and . Whoever wins the GOTY title, it will be the result of the game studio’s dedication, hard work, and effort to build an undivided community. Game of the Year Big Time Illuvium The Harvest Gods Unchained Superior An overwhelmingly positive reception by both games and judges alike on the initiative sparked incredible motivation within the web3 gaming industry. We managed to successfully hit a among all 38 qualified jury members. On top of that, since the opened its doors on November 16th, over 50 games were nominated through our from over 5K unique community submissions. These were driven by over 12 Million of combined social reach between all the games, sponsors, and partners who shared the news. This includes the likes of Big Time, Nyan Heroes, , among more than 40 other games rallying their communities to submit their votes. 100% participation rate People’s Choice Award platform Illuvium This entire process enabled judges to discover hidden gems within the web3 gaming world they never saw before. On top of that, it proved to everyone we are working towards one goal, and that's ultimately blurring the line between traditional and web3 games. Urvit Goel, the Head of Global Games at Polygon Studios, emphasized the importance of gaming’s contribution to the growth of blockchain technology in his following quote: , the Head of Global Games at Polygon Studios' “It is an amazing list of quality games that really showcase what is coming in the blockchain gaming space. The GAM3 Awards has shown how many quality blockchain games are being built, and the passion of those builders. It's also clear that Polygon continues to be the leader when it comes to both quality, quantity, and diversity of web3 games.” - Urvit Goel Omar Ghanem, the Head of Gaming at Polkastarter, gave a more comprehensive summary of all the judges' feedback on the first round of voting and what is to come throughout the rest of the GAM3 Awards leading up to the awards. “We would like to thank each and all of the 38 jury members involved in the first round of the GAM3 Awards voting. A 100% voting participation despite the task at hand with over 100 game titles to go through, is further proof of how excited everyone is to see the web3 gaming sector’s development and growth. , Head of Gaming at Polkastarter The majority of jury members shared positive feedback on how pleasantly surprised they were to discover a number of hidden gems in the industry and this was further proof the GAM3 Awards is doing what it set out to do, recognize quality web3 games for their work.” - Omar Ghanem For a reminder on the voting process of the GAM3 Awards, The jury’s vote will carry 90% weight, with the remaining 10% decided by the community voting. The community will be the deciding factor if there is a tie and their vote will have an influence on deciding the winners of all categories. All of these will be announced on December 15, 2022, during our live stream across all social platforms. The full list of nominees is as follows: Game of the Year Illuvium Big Time Gods Unchained The Harvest Superior Most Anticipated Game Illuvium: Overworld Shrapnel Star Atlas Ember Sword The Treeverse Best Graphics Illuvium Star Atlas Metalcore Big Time My Pet Hooligan Best Action Game Big Time Illuvium Metalcore Guild of Guardians Superior Best Mobile Game Guild of Guardians Splinterlands Blast Royale Thetan Arena Skyweaver Best Adventure Game Big Time Earth from Another Sun My Pet Hooligan The Sandbox Aurory Best Casual Game Blankos Block Party Thetan Arena My Pet Hooligan Axie Infinity Origins Legends of Venari Best RPG Big Time Illuvium Aurory SIPHER Phantom Galaxies Best Shooter Game Metalcore EV.IO Undead Blocks Delysium Earth from Another Sun Best Strategy Game Gods Unchained Cross the Ages Skyweaver Immortal Game Cards of Ethernity Best Card Game Gods Unchained Splinterlands Axie Infinity Origins Skyweaver Cards of Ethernity Best Multiplayer Game Blankos Block Party My Pet Hooligan Metalcore Big Time EV.IO Best Esports Game EV.IO Metalcore Gods Unchained Planet Mojo Spider Tanks GAM3 Awards 2022 is the inaugural edition of the annual web3 gaming awards. Set for December 15th, with over $400K in prizes up for grabs to the winners of various categories, the stage is finally set with the final nominees of each category. ! for your favorite game Vote now

32 Finalists Revealed Ahead of Inaugural GAM3 Awards

Through October, 4,997 US trademark apps have been filed for Metaverse and 6,855 - for NFTs. That’s a great forward-looking indicator of demand, market conditions notwithstanding. 🧥Burberry partners with Minecraft As we mentioned before, Burberry partnered with Minecraft to push deeper into the world of gaming. Last week the immersive experience as well as a physical collection Freedom to Go Beyond went live. The game consists of four rounds that take place in London. This year the brand also partnered with virtual Lola bags on Roblox. Burberry joins Lacoste and Uniqlo in partnership with Minecraft. Read more . here 🏇 Ralph Lauren launches partnership with Fortnite Ralph Lauren announced a partnership with Epic Games, the parent company of the multiplayer video game Fortnite. Although Fortnite is not crypto-native, Epic Games is still looking to stake its claim in metaverse experiences for brands. The partnership looks to extend its brand’s visibility to its 400m user accounts by releasing both virtual and physical clothing and accessories, called the “Polo Stadium” collection. Read more . here 🏨 Mayfair Hotels & Resorts to launch NFT souvenirs The luxury hotel chain is partnering with Beyond Imagination Technologies (BIT) to pioneer souvenirs for its customers. The NFTs are loyalty badges to reward the 5-star boutique brand’s long-time patrons. Hotels and resorts are looking to innovate to expand their customer base and boost revenues. Read more . here 🕹️ Gamestop marketplace goes live on Immutable X Gamestop launched its NFT marketplace on Loopring in July. The marketplace now supports Ethereum Layer 2, Immutable X. The integration brings some of the biggest web3 games including Gods Unchained, Guild of Guardians, and Illuvium to GameStop. It also enables gas-free minting and trading on the GameStop NFT Marketplace. Read more . here 🤳 Instagram to enable users to create and sell NFTs on and off the platform Instagram will provide an end-to-end toolkit for creating NFTs based on Polygon. The feature will initially be rolled out to a small group of US users. Meta is using a decentralized storage protocol, Arweave, to permanently store the Instagram NFTs, providing an immutable, censorship-resilient ledger of history. Creators will also be able to set their own royalties from 5%-25%. Instagram won’t take a cut of these sales until 2024. However, Apple’s new policy means that there will be a 30% fee for those that use Instagram on their smartphones. Read more . here 👟 ASICS x Solana Collaboration ASICS committed to getting the Web3 community moving forward with the launch of its new ASICS x Solana UI collection. The Japanese brand hopes to appeal to a new audience with a sleek running shoe that comes with a loyalty ASICS Badge NFT with every purchase. ASICS will also airdrop 1,001 ASICS x STEPN “OG” Solana Realm NFTs to holders. The sneakers come in “Light Mode” and “Dark Mode,” and feature the Solana gradient on the heel and tongue. Read more . here 🏏 Ratio collaborates with Afghanistan Cricket Board to build their first sports NFT and web3 metaverse Rario, the world’s first officially licensed digital cricket collectibles platform, is set to launch Afghanistan cricket NFTs including digital collectibles across player cards, video moments, and cricket artifacts. Fans can own a piece of their favorite sport, collect special moments and player cards, and enjoy cricket-themed NFT games in the Rario universe. Read more . here 🏎️ Haas F1 Team Partners with OpenSea The American-owned F1 team announces a collaboration with OpenSea for future NFT collaborations. They have a shared vision for enhancing engagement and delivering unique, best-in-class Web3 experiences. The focus will be on developing a utility that brings fans closer to the team and executing exciting and differentiated collections for the NFT community. OpenSea’s logo will also feature on the Haas F1 Team car. Read more . here 🔵 Instagram and Facebook have integrated support for Solana NFTs Meta has enabled NFTs to be made and sold on Instagram with Solana using a Phantom wallet. The integration will be rolled out to all users this week and allows users to showcase and share their favorite digital collectibles on Solana. Read more . here 🎬 Nifty’s and Warner Bros. collaborate with a Game of Thrones digital collectible experience Nifty’s and Warner Bros announced a digital collectible experience that will launch soon. HBO’s Game of Thrones created one of the most fantastical, immersive worlds, and the collaboration will bring fans of the show digital collectibles and experiences. Fans can build their collection through avatars, thematic activities, on-site engagement, and additional digital collectibles, which will be available as assorted packs and come in a variety of types. Read more . here 🔴 Opera releases deep NFT analytics tool DegenKnows and adds support for NEAR, Elrond, and Fantom blockchains Opera, the first dedicated Web3 browser, announced the launch of DegenKnows.io, its new NFT analytics, tracking, and exploration tool. This will help users discover, track, and verify digital collectibles, providing deep on-chain and off-chain analytics. Alongside the launch, Opera Crypto Browser has integrated NEAR Protocol, Elrond, as well as Fantom. Read more . here 🥃 Dewars Scotch Whiskey launches NFT with BlockBar Dewars Scotch Whisky teamed up with BlockBar to release Double Double 21-Year-Old Rye Cask Finish. There are only 50 bottles available for public purchase in this one-off in the Double Double series, with the liquid finished in an active rye cask. Read more . here 🦸‍♀️ Cartamundi and Warner Bros. launch DC Hybrid NFT trading cards by Hro Cartamundi, a leader in playing cards, and Warner Bros. Discovery Global Consumer Products announced the newest chapter of DC Hybrid NFT Trading Cards by Hro. Fans can collect brand new designs showcasing iconic art from DC’s comic book history, including Batman, Superman, Wonder Woman, and many more. Read more here Elsewhere in the metaverse… . The pilot for a wholesale central bank digital currency (CBDC) began on November 1st. A retail CBDC pilot is expected to begin shortly. CBDCs are being trialed to assess the benefits in terms of efficiency and cost reduction. . 🟢 India’s central bank trials CBDC Read more Students in the city of Toda can opt to study in a virtual classroom so long as they get permission from their school principals. The move is an attempt to combat a lack of student attendance. . 🟢 Japanese city introduces metaverse schooling. Read more The number of weekly active Sandbox users increased by 30% as a result of multiple Halloween metaverse experiences. . 🟢 Metaverse activity jumped in the run-up to Halloween. Read more Island Shopping Mall currently features 80 brands with plans to onboard 800 more. . 🟢 Metaverse shopping mall launched in Mexico. Read more UoM Students have received diplomas in the form of Soulbound Tokens. This is an excellent use case for SBTs in a world where fake certificates are an ongoing issue. 🟢 University of Mongolia students receive Honors on Polygon. Read more. The survey polled 2000 likely voters. . 🟢 37% of US voters consider a candidate’s stance on crypto when making a decision. Read more The Bored Ape Yacht Club creator is developing an open standard that will allow designers to create 3D models for BAYC’s Otherside metaverse and easily transport them to another metaverse, and vice versa. . 🟢 Yuga Labs working on NFT interoperability infrastructure. Read more The collection created in partnership with an investment firm, Paradigm, and Rick & Morty co-creator, Justin Roiland, has seen significant secondary sales volumes of over $53M at the time of writing. 🟢 Art Gobblers NFT collection has an impressive launch. The collection’s floor currently sits at 6.5 ETH. The launch has not been without controversy. The creators gave free NFTs to “influencers,” some of whom promoted the project only to immediately sell their NFTs. Trading on a royalty-free marketplace, Blur, saw it surpass OpenSea in terms of volume for the first time ever. Royalty-free minting also deprived the project’s creators of over $3M in royalties. . Read more The tool launched last week and can be used for new collections only. OpenSea might extend the technology so that it can be used for old collections in December. 🟢 OpenSea developing an on-chain royalty enforcement tool for NFTs. The tool comes in the form of code that creators can add to NFT contracts. The code restricts sales to marketplaces that enforce creators' fees. . Read more The NFT heavyweight cites macroeconomic concerns. Reduced demand for its products are also a factor with volumes for NFL All Day and NBA Top Shots both falling. 🟢 Dapper Labs cuts 22% of its staff. Read more. Photo by on Matthew Ansley Unsplash

Weekly Web3 Tracker: Ralph Lauren Parnters With Fornite, Mexican Metaverse Mall, and More  🔭

Gaming has always been a popular fun activity for people; hence it has continued to evolve with the advancement of technology. From ancient board games like Chess and Go to sophisticated electronic games like Pro Evolution Soccer, humans continue to advance games to have more fun. This evolution of games has produced a sprawling electronic gaming industry and has created lucrative jobs for numerous engineers, programmers, designers etc. However, while the gaming industry has proven very lucrative, the gamers themselves who spend a good amount of time and effort playing the games have not really gotten much economic reward. This trend is beginning to change in recent times with the introduction of blockchain gaming and decentralized technology. Decentralized technology actually grew out of the need to create an inclusive financial market where financial institutions will not exclusively profit at the expense of the customers. This inclusive economy was successfully launched through the introduction of cryptocurrency and decentralized finance applications (dApps), but these technologies require some level of digital literacy to exploit. Hence, a good proportion of the target population remained isolated. was introduced as a remedy to this predicament as it leverages on the widely enjoyed activity of gaming to introduce lay people to the inclusive crypto economy. Fortunately, it also solves the problem of gamers who often put in the most time and effort on games not getting a share in the huge economic returns the industry generates. Gamefi This idea of Gamefi resulted in what is known today as Play to Earn gaming (P2E) in contrast to the Play to Win (P2W) ideology that previously dominated the gaming industry. Another recent technology that is advancing P2E ideology is the concept of digital property and the metaverse. The metaverse is a complex digital cyberspace with advanced graphics where people can create, play, work and own digital property. Blockchain technology with its sophisticated record-keeping abilities, facilitates complicated transactions with such digital properties known as . Non-Fungible Tokens (NFTs) The integration of gaming and has resulted in the creation of several metaverse games like Axie infinity, Gods Unchained and Pegaxy where players can earn in cryptocurrency. Metaverse games have continued to expand in complexity however and other platforms like , and have progressed to the concept of a multiverse. the blockchain The Sandbox Decentraland M3 games Metaverse Versus Multiverse A metaverse can be defined as a sophisticated cyberspace with advanced graphics where people interact using avatars. It is projected to create the next level of the internet, leveraging next-level graphics technology like Virtual Reality (VR) and advanced network connectivity (e.g., 5G) to make people feel more connected. A multiverse on the other hand is a scientific term which refers to a collection of interconnected physical universes which can interact considerably with each other. In game development, however, metaverse technology has facilitated a digital application of the multiverse concept. Hence, a number of blockchain gaming platforms like The Sandbox and M3 Games developed a network of metaverse games which allow game assets (characters, tokens, etc.) to function as NFTs which can be moved from one game to the other and be used there for gameplay. Such platform is also called a multiverse (i.e., ). digital multiverse Play to Win Versus Play to Earn Play to Win or P2W is the previously dominant gaming paradigm where games are developed for players to compete against the computer or human opponents just to win and progress in-game level and/or skill, with no financial benefit expected. It’s basically gaming for fun and popular games like Fifa, Pes, Candy Crush etc. were all developed as P2W games. Play to Earn P2E is a more recent gaming paradigm facilitated by blockchain games, which are developed for players to compete against  computer or human opponents and gain financial benefits like crypto assets. Many metaverse games like Axie Infinity, Spliterlands, Illuvium etc. are play-to-earn games. Play to Earn and E-Sports E-Sports is an emerging new field in sports which exploits the advanced connectivity of modern games to facilitate gaming as a sporting event. Originally, E-sports was limited to a few friends gathering in one location to compete in games like Pro Evolution Soccer (Pes), Mortal combat etc., on PC or gaming consoles (e.g., Atari, SEGA, Play Station, Xbox etc.). Onsite tournaments were also organized for such players to congregate and compete for prizes. As network technology advanced however, several games were released with wireless multiplayer capability which enabled players not exactly in the same location to compete. Initially this was limited to just low range connections like Bluetooth and Wi-Fi which still placed considerable distance constraints on players. But over the internet connection was eventually enabled, allowing players to play with other players anywhere in the world. This advanced connectivity in gaming triggered the rise of modern E-Sports platforms like Toornament, Gamebattles, UMGgaming etc., who host online gaming tournaments where players around the world can compete to win money. Twitch is a popular E-sports streaming company. E-Sports created another opportunity for Play to Earn gaming and metaverse games have begun to exploit this opportunity by integrating tournaments as part of their gameplay to further promote their general Play to Earn philosophy. Platforms like The Sandbox and M3 which have advanced to a multiverse level, now have a sophisticated web of games for different E-Sport events which further promotes Play to Earn Gaming. Play to Earn Multiverses Several digital Multiverses have been developed with Metaverse technology which focus on different things like work, gaming, VR experience, socializing, networking, etc., or any combination of these aspects. Here, we will highlight three which highly facilitate Play to Earn gaming. Decentraland: This has been described as “the best metaverse game with huge potential”. This is an apt description because though the platform has well-developed gaming apparatus, it was not developed just as gaming platform but as a virtual world where people can interact with virtual real estate. People can buy “land” on the platform and create fun gaming and socializing experiences to earn income from other people who participate events. People can also create and trade NFTs which can be used on different lands, for different experiences. However, the best way to earn money on Decentraland is to buy and sell land. The token used for transactions on the platform is called MANA. These transactions facilitate Play to Earn gaming. People or organizations who own land on Decentraland can also organize E-Sport tournaments. The SandBox: The Sandbox is another popular land based virtual world that greatly promotes Play to Earn gaming but it is more focused on gaming than decentraland. Created as a fun, easy to learn way to introduce people to blockchain technology, The Sandbox has become widely adopted and now contains many games created by users of the platform for other users to enjoy. The Sandbox has three major components. The first is Voxel Editor which is used in creating NFts for gaming. The second is Marketplace which is used in for trading NFts and the last is Game Maker used to create games which will run on the platform. The native token used here is called Sand. The Sandbox facilitates play to Earn gaming through sales of assets (e.g., NFTs) and tournaments which can be organized by game creators. M3 Games: M3 Games is a recently released network of blockchain games which allows players to accumulate tokens and NFTs by completing tasks in the freemium version of games on the network, then they can use the NFTs to play any of the network games or sell them for money. With enough NFTs and tokens, players can progress to the NFT version of the games and participate in built in tournaments in the game to make more money. M3 is the most focused multiverse on this list and narrows down on Play to Earn gaming without players really having to bother about game creation or NFT minting before they can begin making money. One game called is already released on the network while God of Gods will soon be released. The games use MGR and M3 tokens for transactions. sweetclash With the extensive P2E apparatus of M3, Players can just join the network and begin gaming right away to accumulate tokens and game cards with economic value. The notable P2E apparatus of M3 is further detailed to highlight its simplicity and straightforwardness which sets it apart from other game multiverses. Play to Earn Apparatus of M3 Players can earn income in various simple and straight forward ways from the which include; M3 game network 1. Play the freemium version to accumulate valuable MGR tokens and game cards 2. Upgrade game cards to NFTs with your tokens and sell them for profit 3. Hold your tokens or NFTs which continue to increase in value 4. Outstanding scholarship feature: Rent your NFTs to other player and share in their revenue 5. NFT creators make profit whenever their NFT is traded 6. Enter tournaments when you have enough M3 tokens and NFTs to win prizes Conclusion Play to Earn ideology could evolve blockchain games into one giant multiverse of metaverses.

Play to Earn and the Multiverse of Fun

Web3 gaming is rapidly growing due to the new and highly popular play-to-earn (P2E) model. While it's not yet comparable to web2 gaming, this concept allows people to earn an income while playing and having fun in a virtual metaverse. This revolution has spurred many web2 developers to look into non-fungible tokens (NFTs) and their strong appeal to gamers, collectors, and crypto enthusiasts. Below are the most promising and popular P2E NFT games of 2022 that you should consider playing this year and beyond. Planet IX is an NFT-based, P2E game taking place in the year 2539 on a barren, desolate, post-apocalyptic Earth. The players are human Agents of Change (AOC) returning to the planet, guided by their habitat-searching AI, in an attempt to rebuild it to its former glory. Gamers will encounter a mysterious world with rich lore ready to be explored. Planet IX This web3 Metaverse game runs on Polygon and features over 1.7 billion hexagonal virtual land plots, or PIX. Each parcel is an ERC-721 NFT token allowing its owner to trade, store, and grow. Players can buy and sell PIX at the in-game marketplace or gain from in-game raffles. Ultimately, the goal of every player is to group these good rarity PIX NFTs into adjacent Territories and stake them for $IXT rewards. The more PIX plots they have, the larger the Territories, and the higher the staking rewards will be. $IXT is Planet IX’s ERC-20 IX cryptocurrency. Players can use it for in-game transactions or interact with the in-game corporations. The latter are in-game entities created to help the Earth’s decolonization. Also, each corporation provides various services, including an NFT marketplace, weekly drops, raffles, and waste management. Players can use $IXT to develop their PIX lands with energy-generating facilities and drones as they accumulate resources. Like all in-game assets, these upgrades are NFTs with true ownership that help increase resource generation and income. Moreover, they can purchase meta-shares in the corporations to gain governance rights and influence the game's development. Alternatively, players can raid and steal others’ resources. This is part of a larger strategy from the team to introduce advanced PVP mechanics to the game. The game lets players decide how to expand their influence and increase their income. With 50,000+ monthly players, Planet IX is among the with the best social signal on Polygon. Furthermore, it has and up to 25,000 weekly players. The game’s weekly cargo drops, raffles, and rewards will attract even more players in the long run as it grows into one of the top P2E web3 games in 2022 and beyond. top gaming projects over 300,000 connected wallets Alien Worlds is a free-to-play NFT game running on three of the most popular blockchain networks, Ethereum, Wax, and the BNB Chain. It launched in 2021 as a tokenized Metaverse where players can travel, explore extraterrestrial realms, and participate in challenges and missions. Alien Worlds While anyone can join Alien Worlds for free, players must purchase the game's native token, Trillium (TLM), to complete tasks. This BEP-20 token fuels the entire ecosystem in Alien Worlds, allowing holders to buy weapons, upgrades, spaceships, and mining equipment, all in the form of NFTs. It’s worth noting the token runs on all three blockchains the game is on, but players need a Wax Cloud wallet to purchase it. In terms of gameplay, Alien Worlds has a mission-based format with various time frames. Players have to stake TLM tokens to enter missions. All the staked tokens go to a reward tool, which redistributes earnings at every mission’s end. The game features 300 different, and rare NFTs players can collect, buy, sell, and trade. Earning or purchasing NFT cards can alter missions and trigger various lore elements in the Alien Worlds metaverse, thus leading to additional rewards. In fact, this virtual world contains so many scenarios and variables that it may generate unique gameplay situations. Token holders can also stake $TLM to vote in the game’s planetary elections or to increase the reward pool. Every planet in Alien Worlds functions as a DAO (decentralized autonomous organization), allowing players to participate in weekly elections or to run for a spot in the council. Moreover, staking tokens will enable them to table proposals, vote on them, and have a say in the fate of their planet’s treasury funds. Lastly, Alien Worlds provides several P2E tools, such as mining, staking, leasing in-game assets, and fighting other players. Gods Unchained Another entry in our top-5 play-2-earn games of 2022 is , an NFT trading card game on the Ethereum blockchain and the brainchild of Nick Clay. Expert gamers may know this industry-famous developer as the director of the popular game Magic: The Gathering Arena. Gods Unchained Similar to “Magic…”, Gods Unchained is an engaging card game placing collectors in PvP (player-vs-player) battles with potentially high rewards. While they may hold different cards, all players share the same goal - build a solid deck and defeat as many other players as possible. Some have likened Gods Unchained to the popular card game Hearthstone. However, this game is slightly more challenging and addictive. Its appeal comes from the precious NFT available in four card types - Rare, Epic, Legendary, and Shiny. Each card is unique and tradable on Immutable X Marketplace. Gods Unchained is free to play for everyone. It has 3 game modes, Solo, Ranked, and Direct Challenge, which is the classic PvP match. Playing and winning matches comes with EXP rewards, which enable players to access new cards and upgrade their skills. Also, finishing an in-game level gives them a pack of cards to open, increasing the chances of finding a super-rare NFT card. Gods Unchained has a proprietary token, GODS, enabling players to stake their assets and earn more rewards. Crypto enthusiasts who are less into gaming can purchase GODS tokens on Coinbase and stake them into the game. This way, they don't have to participate in any play mode and still earn a passive income. Moreover, they help the game’s economy develop faster. Lastly, Gods Unchained offers different ways to earn through gaming and beyond. For example, it has its own marketplace where users can sell their NFT cards. Derace The last P2E NFT game on our list is , an NFT horse racing metaverse where players can participate in horse races and breed NFT horses with unique characteristics. Moreover, they can build their own NFT hippodrome and gain rewards through the game’s P2E mechanism. Derace Derace aims to combine people's age-old interest in horse racing with their newfound passions for NFT collecting and web3 gaming. The game simulates real-life horse racing and offers a lively horse racing experience. Furthermore, it uses blockchain-based architecture to create a fully decentralized crypto gaming platform with betting and P2E features. Almost every component of the Derace Metaverse is a non-fungible token (NFT), including horses, hippodromes, and equipment upgrades. Players can race and breed NFT horses, upgrade, and gamble on them in various contests. This way, they can gain several rewards, amassing into a sustainable income. Derace employs a highly realistic design and a horse racing simulator to keep the game fun and functional. Players can take on various roles in this virtual world, such as horse owners, bookmakers, hippodrome owners, or gamblers. Each option has its own perks and earning possibilities. Breeding allows token owners to create new horse NFTs with different looks, cool-down times, and specs for stamina and speed. Meanwhile, hippodrome owners can host races, bettors can place wagers on horses, and bookmakers can oversee them. Derace has a proprietary ERC-20 token, DERC, which fuels all the transactions on the site, including entrance fees, awards, NFT sales, and rewards. Players can swap their DERC tokens for other cryptocurrencies on various exchange platforms. Alternatively, they can use them to buy new NFT horses, breed them, or stage in-game races. Derace promises a transparent, fair, and secure experience for all its players, whether they are in it for betting or only for the thrill of the race. Parallel is a sci-fi “trading card game” (TCG) on the Ethereum blockchain, allowing players to explore and acquire assets from a unique NFT card collection. The game launched in 2021 and quickly gained massive community support due to the popularity of its first pack drop. Additionally, it surfaced in the market when NFTs were hogging the crypto spotlight. The game is still popular today, amassing over 20,000 dedicated players. Parallel The game takes place in the distant future when Earth's population has depleted the planet of all its resources. Since life became impossible on Earth, the few remaining survivors split into five factions and fled to nearby planets and asteroids, thus becoming Parallels. In a few millennia, humans reached new technological heights on their new planet homes. This enabled them to return to Earth, only to find it had regenerated into a resource-rich planet. Now, the five Parallel factions battle to gain control of the planet and harvest its resources responsibly. Players must choose a faction and join the fight for the new Earth. Parallel’s gameplay features plenty of card unpacking and collecting. The game's drop system diminishes the risk of speculators accumulating too many NFT cards. So far, Parallel is famous for selling one of its NFT cards, “Masterpiece,” for $1.1 million worth of ETH. The game takes a 10% fee on NFT sales and distributes half among in-game prize pools. Meanwhile, the rest goes toward the company's development. Currently, Parallel is in action, with the most probable beta release occurring in 2023. Until then, players can build a complete card deck, which is mandatory for accessing the game. To this end, they should keep an eye out for pack drops from developers.

Top 5 Play-2-Earn Games of 2023 to Look Into

Los 5 mejores juegos de Play-2-Earn de 2022 para analizar

Source Have you ever wondered why NFT is becoming one of the fastest growing metaverses in this century? Digital assets were at risk of theft or unknown ownership because there was a lack of virtual space or technology. Presently, technology has advanced to a level that has brought about the Metaverse, a virtual world which gives access to owners of digital assets such as Non-Fungible Tokens (NFT). When blockchain technology came into existence as well, the decentralized system became established and thus, made it possible for individuals to accurately verify or claim ownership of their digital assets in a corporation with in the virtual world. NFT NFT has been around for decades but has just recently shown its presence in the digital world, just as the metaverse which is the future of the internet, came to be well known, NFT has come to stay and will go on to play a significant part in the metaverse economy. Currently, technology has its peculiarity in virtual and augmented reality and a combination of the physical and digital world that has birthed blockchain, play-to-earn games, Non-Fungible tokens (NFT), cryptocurrency and Web3. What are NFT Marketing Agencies? Non-Fungible Tokens (NFT) marketing agencies are agencies that can help you promote your digital assets or crypto arts by creating certain marketing strategies like introducing influencing marketing, Discord communities and a robust NFT media buying strategy. Therefore, by working with a well-known NFT marketing agency, you get a high probability of using trusted media outlets that deliver strong results. The benefit of NFT marketing agencies is to assist you to be distinct in the competition that occurs in the industry by marketing your NFTs in every aspect of creativity because of the rise of NFTs. Also, marketing NFTs help in your business enhancement through making stronger relationships with your audience, customer engagement, circulating brand awareness, generating taxation, and promoting the company to wield. Hence, marketing is a large platform that enables you to update your customers and a skeptical way to interact with messages and values. Let’s check out a list of the five best Non-Fungible Tokens (NFT) marketing agencies; 1. X10 is a top-rated agency and one of the most well-known for crypto and NFT promotion. Since 2017 they have been involved in launching and helping Web3, DeFi, NFT and IEO/ICO projects. X10 agency Apart from these, their team offers a ton of great options for marketing, community building and PR for crypto and NFT projects, as they are well-known for advertising and promoting their products. X10 Agency has a big track record in their portfolio, works with many publishers and some very well-known brands. When it comes to launching projects, engaging with the audience and reaching long-term goals, they are the go-to agency. Their services include; NFT Community Building and Management Promotion and Unique Marketing Strategies for Non-Fungible Tokens NFT Influencer Marketing PR and Media Buying For Crypto and NFT Projects Crypto and NFT Exchanges 2. Crowdcreate is also a top-rated NFT marketing agency that connects brands with the top NFT influencers and investors that can help your project grow. For some years now, this agency has been in a steady relationship with these influencers, building a strong NFT marketing network. Crowdcreate They do not hesitate to figure out your brand identity and deliver a go-to-market strategy. Several world’s largest tech companies, Star Atlas, The Sandbox, Solana, Cointelegraph, and Wax Brands have chosen Crowdcreate over the years. They offer these services; Provision of strategy and insights on how to sell your NFTs Unique marketing and branding your NFT Advisory of NFT platform marketplace Structuring Security Token Offerings NFT Influencer Marketing NFT Social Media Marketing 3. Coinbound is a full-service digital marketing agency for NFT corporations. The agency has solid relationships with big publishers in the industry and has different strategies required to make it in the current NFT industry. Coinbound In addition, this agency has been in the industry for several years now, and they have a unique approach to using strategies based on the brand's long-term goal of managing and improving the NFT’s brand image. The agency has earned a reputation for some of the cryptos in-game they've associated with including MetaMask, Wilder World, eToro, Nexo, Voyager, and Gods Unchained. Their services include; Assist NFT brands with discord set-up and management. NFT influencer marketing Media Buying Delivering a campaign strategy that achieves an excellent ROI. Delivers Web3, NFT and Crypto PR expertise 4. CryptoPR is a leading NFT marketing agency that provides incomparable NFT promotions which are made possible by its highly-skilled workforce. CryptoPR clearly states how its team intends to drive traffic to your NFT collections, giving you direction so that even if you’re new to the industry, you get clarification in the process. CryptoPR Some of the companies they've worked with are Nebeus, Cryptopia, Studentcoin, and Binance. They offer these services; Public Relations NFT Promotion and Shilling Influencer Marketing Branding Ventures Social Media Campaigns International Campaigns 5. Lunar Strategy is also a crypto marketing agency that specialises in advanced methods to promote NFT collections. Lunar Strategy The team in this agency analyzes your competition in the industry to determine what works and what does not and then they apply their discoveries to your marketing plan to achieve success. Lunar Strategy has earned a reputation for some of the brands they've worked with Game starter, Pixel pix and Dark Frontiers. The agency’s “lunar strategy” not only ensures that you have a solid digital presence but also helps you to build a stronger brand in the cryptocurrency world. They offer these services; Social Media Management Search Engine Optimisation(SEO) Content and Influencer Marketing Email Marketing Public Relations Landing Page Optimization Coin Listings Community Growth Conclusion There is more to Non-Fungible Tokens (NFTs) than simple art and collectable projects. As the rise of Cryptocurrency emerges, the NFT space continues to grow, and the utilities for the emerging technology will increase, with more different trends coming into the industry. Furthermore, to maximize your reach as a brand, it is of high importance to hire an NFT marketing agency that is willing to explicitly target your demographic in producing the best result for your company and also deploying the services they render to secure organic coverage from the biggest names in the blockchain or crypto industry.

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