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Web3 for Gaming

How to apply Web3 in gaming

Web3 solutions and blockchain technology are revolutionizing the realm of gaming. They provide a framework for tokenizing in-game items, enabling safe, direct transactions and opening up fresh income opportunities for players. The permanence of blockchain validates the authenticity and possession of these virtual assets. With blockchain at the core, gamers gain a genuine sense of ownership within the gaming world, enriching their involvement and overall enjoyment.

Benefits of blockchain technology in Gaming

Our contributions to the gaming industry span various fronts. We've facilitated user-customizable NFTs, enabling gamers to enhance their in-game experience. Our intuitive staking platform incentivizes asset engagement with daily token rewards and in order to add tangible value to these digital assets, we've developed an exchange platform for the conversion of proprietary tokens into cryptocurrency.

Ownership and Control

Players truly own their in-game assets, which can be tokenized as NFTs. These can be traded, sold or used across different games, giving players more control.

Ownership

Play-to-Earn Mechanism

Blockchain enables 'Play-to-Earn' models, where players can earn real value from their gaming achievements and time invested.

Play-to-Earn

Transparency and Fairness

The open nature of blockchain guarantees transparency. Players can verify game rules, rarity of items, and transaction history, creating a more fair gaming environment.

Transparency

Secure Trading

Blockchain facilitates safe and direct trading of in-game assets, without the need for third-party marketplaces or fear of fraud.

Secure Trading

Interoperability

Tokenized assets can be used across multiple games or platforms, promoting an interconnected gaming ecosystem.

Interoperability

Decentralized Gaming Platforms

Blockchain enables the creation of decentralized gaming platforms, reducing reliance on central authorities or servers.

Decentralized Gaming

Community Engagement

DAOs or token systems can incentivize community participation in game development decisions, leading to more engaging and player-focused games.

Community Engagement

Immutable History

Blockchain records every action, win, loss, and transaction, creating an immutable history of a player's journey in the game.

Immutable History

Fraud Prevention

Blockchain's immutability helps prevent cheating and fraud in games, enhancing the overall gaming experience.

Fraud Prevention

In-Game Economies

Blockchain can simulate real-world economies within games, where the value of in-game currency can fluctuate based on supply and demand.

In-Game Economies

Secure Payment Transactions

Blockchain technology provides secure and efficient microtransactions, reducing the risks associated with traditional online payments.

Secure Payment

Crowdfunding and Investment

By issuing game-based tokens, developers can raise funds directly from their community, providing players with a stake in the game's success.

Crowdfunding

Innovative Game Formats

The concept of smart contracts enables the creation of self-executing in-game events, leading to innovative game formats and mechanics.

Innovative Game

Reduced Costs

By cutting out intermediaries in transactions and digital asset trades, costs can be significantly reduced for both developers and players.

Reduced Costs

Digital Identity Verification

Blockchain can be used to verify player identity, reducing the risk of fake accounts and improving overall game integrity.

Digital Identity

Global Accessibility

Blockchain technology is inherently borderless, making games accessible to a global player base regardless of geographical location or local financial systems.

Global Accessibility

Reduced Piracy

Blockchain’s immutability feature helps in reducing game piracy, as each game copy can be traced back to the original owner.

Reduced Piracy

Scalability

Blockchain solutions like layer 2 scaling can handle large user bases and high transaction volumes, enabling games to grow and evolve without technical limitations.

Scalability

Player Retention

Blockchain's transparent reward systems and token economics can increase player retention, as they provide tangible value and incentives for continued play.

Player Retention

Collaborative Development

Through blockchain, developers can incentivize contributions from players and other developers, fostering collaborative and community-driven game development.

Collaborative Development

How to create an NFT project for the Gaming

  • 1.

    Minting customizable NFTs

    A process that allows users to fully customize their NFT before triggering the minting operation with a smart contract that powers this process and enables later upgrade capability and features according to the project’s development and storyline.
  • 2.

    Staking Platform

    Staking application with an intuitive UI, where users connect their wallet to lock their NFTs. The system processes the NFTs from the wallet every 24 hours and the user is rewarded the proprietary project token for each day their assets are locked in the pool.
  • 3.

    Own Exchange

    The proprietary token received from staking the NFTs can be converted into crypto currency through the custom build, open exchange. This adds unquestionable value to the NFT collection, building around it a complete financial ecosystem with real value return.