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How Blockchain is Changing the Gaming Industry

By Melon Gaming

May 3, 2021, 12:00:00 AM


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As far as blockchain technology goes, you've probably only heard of it in terms of crypto-currency and NFTs. However, as blockchain has developed, the gaming industry has begun to take notice, and it's starting to find new and exciting ways to engage with gamers through blockchain systems.

 

This can be one of the biggest advancements in gaming since motion controls first hit the mainstream with the release of the Nintendo Wii, and it can potentially revitalize the way gamers pay for in-game services such as DLC, or it may even have privacy implications that counteract the way the main gaming publishers are edging their way into Big Brother territory.

 

In-Game Purchases with Blockchain

 

In-game purchases are the bane of many gamers, but when used properly, they can add unlimited potential to a gaming experience while keeping a game profitable in the long term.

 

With blockchain technology, some game developers have looked towards using crypto-currency to

pay for in-game purchases.

 

Things such as new skins, multiplayer banners, extra weapons or characters, and full-blown DLC expansions can be paid for in full with crypto-currency once the framework is in place to handle such transactions.

 

One game that has led the charge with this advancement in game development is Decentraland. Decentraland functions just like any other online social game but allows players to purchase MANA, or an Etherium based crypto-currency, and then use that to purchase everything they want within the game.

 

This gives players an unmatched level of privacy and security when making in-game purchases, and that will continue to become a major concern as technology advances. 

 

 

In-Game Asset Protection

 

Have you ever gone through a 4-hour raid to get the baddest sword or another in-game item, just to lose it due to a hacker or glitch? Blockchain can help prevent that from happening.

 

Games that are built on blockchain have the capability of letting you "protect" your in-game assets, such as highly valuable items, through your crypto-currency wallet. Enjin is one wallet that allows for digital asset protection, and you can use it to store items from compatible games just like you would NFTs or crypto-currency.

 

This not only allows you to avoid losing highly sought-after items due to things that are out of your control, but it also helps with trading those items in the real world if a game permits.

 

Developer and End-User Security

 

Above all else, blockchain technology can bridge the security gap between developers and end-users through its naturally encrypted and highly secure infrastructure.

 

As more gamers take to purchasing their games digitally, developers need to be able to make fully digital launches while also providing full-proof payment methods to monetize their games, and gamers demand that their personal information be protected throughout these transactions.

 

Blockchain is the Future

 

Many more advantages will become apparent as blockchain becomes a bigger part of game development, but one thing is for sure; even now, blockchain is providing several benefits the gaming industry has never seen before, and it's only bound to grow.