Imagine that you are very good at playing the popular mobile app game subway surfers. You have collected thousands of coins in that game and would have purchased some lives for your avatar, faster gliders or unlocked better and attractive avatars using those coins.What if I say that you can actually buy some Bitcoin or Ethereum using those coins? Sounds interesting? Welcome to the world of Crypto gaming.
What is Crypto gaming?
Crypto games are online video games that let the users own their items, whether it is a car or a gun. By owning these items, players can use them to play the game and if they want to sell them for cryptocurrency, they can do so without any restrictions.
In other words, Crypto games are digital platforms wherein players can play and trade their items without any third party interference. Instead of having all the items sold to a game developer, crypto games allow gamers to own their items and sell it for cryptocurrency which they can convert into actual money via exchanges.
Crypto games vs Traditional online/mobile games
| Traditional games | Crypto games |
| Centralized | Decentralized |
| Developers own the items acquired in the game | Players own the items acquired in the game |
| Developers can make real money | Players also make real money |
In a nutshell,In crypto games, the players own the items that are earned or acquired in the game and can sell it for cryptocurrency. These cryptocurrencies can be exchanged later for actual money via crypto exchanges like Binance.
How Crypto gaming work?
In traditional games, all the digital assets such as coins, weapons, skins,artifacts, avatars etc. are owned by the developers in a centralized database or servers.
Crypto games are built on blockchain networks. This means that all the connected computers have access to the same amount of information (and data), which brings an equality of powers and controls to the game players and game creators.Before seeing further lets see what is Blockchain technology?
What Is Blockchain Technology?
This is the technology that powers Bitcoin, Ethereum, and other cryptocurrencies. Blockchain is the nerve center of crypto gaming.
Blockchain is a database which is shared and can be accessed across a network of computers.Each record is added to the chain or in a digital ledger. Once it is added , it is near impossible to alter or hack that ledger, making it extremely difficult to cheat the system.
What Is Decentralized Gaming?
In a traditional game, everything you own such as coins and assets are confined to the game itself. Meaning you can not use those earned items outside of that game.It doesn’t have any value once you come out of that game. As a result, game developers retain ownership of everything.
Crypto gaming strikes the very foundation of this existing model, allowing players also to own their game. Crypto gaming gives digital assets real-world value. You can trade all of your coins or assets in any real crypto exchanges.
Benefits of Cryptocurrency in Online Gaming
- Facilitates an instant transaction
- Player can play Anywhere
- Blockchain technology is Safe and Secure
- Worth to spend your time in that game
- Low exchange rates
Steps for Playing Crypto Games
- Buy cryptocurrency through a crypto exchange platform
- Buy some Gaming Tokens such as Axie Infinity using that cryptocurrency
- Create your account in that game
- Install that game in your laptop or in your mobile
- Log-in and play
Top Gaming Tokens
These are some of the top trading gaming tokens as per Coin Market cap.
For more details about gaming tokens and their market caps,check out this link.
Most popular crypto games you can play right now.
Is Crypto Games the Future of Online Gaming?
As per a report by the Wax, around 75% of online game players wish to trade their virtual goods for an actual currency that they could use to buy and sell on other platforms. Click the following image for more details.
There is no doubt that the Crypto games are going to dominate the gaming world in a very big way. More and more players are starting to play and earn in these games also. What do you think of Crypto games and their potential? You can comment below.