Gaming Industry Use of Blockchain May Lead to Mass Adoption

Blockchain technology has recently become a phenomenon in various areas of the economy, driving innovation, fostering growth and bringing added value. Among the most noteworthy of these sectors is the gaming industry. Gaming is a use case that drives true adoption of blockchain technology by taking the incentive for the user from pure speculation to transactions on a blockchain platform. This drives innovation in development as well as consumer adoption.

The first true blockchain gaming application was Cryptokitties. While the platform itself is a technology demonstrator for collectible items, it quickly rose to prominence as the application representing the majority of transactions made on the Ethereum platform. Since its inception, the number of apps leveraging blockchain technology in gaming has exploded, with categories ranging from adventure games and card games to action games, role-playing games and casinos.

Blockchain use cases in gaming are mainly constrained by the transaction capacity of blockchain platforms in case of Ethereum. Current blockchain applications in gaming, therefore, are experimental tickets, with collectible platforms and mobile games leading the pack.

Card games are among the first games to use blockchain technology in gameplay. The unique feature presented by collectible cards is that the cards themselves, as nonfungible tokens, become tradeable items. Most of the time, the NFTs are traded on OpenSea. One of the most popular collectible card games using blockchain technology is Gods Unchained.

Related: Overview and Market Trends of Crypto Games in 2020

Real-time strategy, or RTS, and massively multiplayer online, or MMO, games are ideal genres for testing blockchain technology in gaming, as the gameplay allows for the creation of multiple asset types and smart contracts governing the rules of the games themselves. While successful titles in gaming are increasingly massively multiplayer, online and feature group dynamics, the application…

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