Blockchain is a Bitcoin block exploration service , a kind of wallet or cryptocurrency wallet suitable for Bitcoin , Bitcoin Cash , and Ethereum . They also provide Bitcoin chart data , statistics , and market information . We would like to see crypto continue to take a bigger and bigger share of the traditional financial system. We want to see it loosen the grip that fiat currencies and banks have over our everyday lives. For us, crypto is more than just an asset class: it is a medium of exchange that we can use on our own terms.
There has been no shortage of headlines over the past few years about businesses waking up and smelling crypto. More shops and companies are now accepting payments for goods and services in BTC and other cryptocurrencies, allowing us more financial freedom than ever before. But all the hype around being able to buy your morning latte using crypto (back when we could do that kind of thing) has hidden another important area of adoption from view.
We are spending more of our lives online, especially as the lockdown continues. Many of us spend some time playing online games as well and this is where crypto adoption finds another limit. Blockchain based games are gaining popularity and they are using crypto to strengthen their in-game ecosystem. The transactions made in these games will play an increasingly large role in pushing crypto adoption forward in a completely different direction.
What are Blockchain Games?
There are two main features to blockchain games. We've covered the first: the integration of cryptocurrencies for in-game payments and/or the use of non-fungible tokens (NFT) within the game itself. NFT allows gamers to own unique in-game assets that can be traded with other players or transferred across platforms. A great example is a rare weapon in Fortnite.
Then there is the nature of the blockchain itself: an incorruptible database that can store information about who owns which items and what their value is. This will allow them to be traded securely, with buyers having confidence that their goods are genuine and sellers having records of completed sales. Smart contracts can be used to make the whole process seamless and completely transparent.
There are also consequences for game data as well. By using blockchain, player progress can be tracked and cheating becomes impossible. The days of evil gamers hacking extra skills or unlocking higher levels can be counted.
Blockchain opens up a world of new possibilities for gamers. Not only does it allow them to further immerse themselves in the game they are playing, but it also provides many opportunities to monetize their hobby. Great players can earn tangible rewards for their skills, while those with artistic inclinations can design and sell desired, collectible in-game items. The potential is huge and game developers are just getting started.
Best Blockchain Game In 2021
As you can imagine, the blockchain gaming space is growing rapidly, with new titles coming out all the time as demand increases. As with regular games, there are good, bad, and indifferent blockchain games, catering to all kinds of tastes. But we are not interested in that. We're concerned about titles that set the pace for the rest of the sector and claim classic status early.
So, here in no particular order are the ten blockchain games we love the most. It's a tough job playing a lot of games to find the best one, but someone has to do it.
This virtual world platform has been around since 2012 as a regular iOS, Android and Windows game, but switched to blockchain when it was bought by Animoca Brands in 2018. The game is all about the creativity of its users and the content they produce all contributing to the ever-expanding Sandbox multiverse. .
Sandbox takes the lead from games like Minecraft and Roblox, but seeks to concentrate power and ownership in the hands of the user rather than the developer. It uses NFT to allow users to own their creations and reward them for building and maintaining a gaming ecosystem.
Users can create in-game objects via the VoxEdit function and then sell them on the Sandbox online marketplace. The game uses three separate tokens to allow them to do this. SAND is an ERC-20 token and the main in-game currency that serves as the 'base for all transactions and interactions of the ecosystem.'
LAND consists of NFTs representing digital real estate which can be purchased to be developed at the player's choice. If the LAND is successfully developed, it can be leased or sold at a profit.
Lastly, there are ASSETS: these are player-generated ERC-1155 tokens that are also tradable in the marketplace and represent user-generated content.
SAND tokens are available on a number of exchanges, but if you use Binance then you can take advantage of Guy's 20% trading discount there. If you want to buy LAND then you will first have to top up the SAND and buy through one of the pre-sales that take place on the game platform itself. ASSETS can also be purchased here.
If you want to learn more about The Sandbox, Guy's in-depth discussion goes into more detail, as well as provides a broader overview of SAND tokenomics.
The Six Dragons
The Enjin platform is quickly becoming a hub for blockchain game developers, as it builds a 'product ecosystem that will help humanity create a thriving virtual economy through the power of blockchain technology.'
It offers a platform for building blockchain games and minting the tokens that support them, while also offering wallet and marketplace services as well. Enjin Coin (ENJ) is originally an ERC-20 token that supports in-game assets issued by games on the platform, thus allowing them to be traded freely.
One of the most exciting games on the Enjin platform is The Six Dragons, a fantasy-themed open world RPG where players can 'explore endless lands, farm for valuable materials, craft over 300 unique items, trade items for others. players and upgrade their arsenal using powerful spells.'
As with The Sandbox, the emphasis here is all on the user. The game prides itself on being created and run by its players and thus completely decentralized in the best of blockchain traditions. The fantasy genre is quite outdated in both traditional and blockchain games, but The Six Dragons looks great and gives players plenty of room to explore the game world while acquiring and trading a wide variety of items.
The ability to design and craft items for later use or sale must be earned, thereby rewarding players who participate in the game and helping to grow its ecosystem. For users looking to buy Enjin Coin to use in games, again Binance is the best choice, although other exchanges support it.
A recent Coin Telegraph article explained it well when stating that blockchain games have more in common with crypto investing than mainstream games like Call of Duty. This is especially true for Axie Infinity, a game that led the way from Pokémon and Crypto Kitties. Here players buy and breed cute little creatures called Axies while fighting other players in PvP mode, or the game's AI in PvE.
Players need to purchase a minimum of three Axies to get started, with the cheapest starting at 0.0421 ETH (about $75). This means a sizable initial investment, but the time and effort spent on the game can pay you off, as winning battles earns you a Small Love Potion (SLP). These are game utility tokens and can then be used to breed more Axies, which can then be sold to other players. The higher the number of Axie breeds, the more expensive they are.
SLP can be traded on Uniswap, allowing dedicated players to earn from their efforts. Axie Infinity also has governance tokens in the form of Axie Infinity Shards (AXS). These can be staked, used to buy NFT in the gaming market and give holders a say in how the network is run. AXS can also be traded on Uniswap and, of course, Binance. (Don't forget to use Guy's trade discount.)
Axie Infinity's graphics and gameplay aren't for everyone, but all crypto fans should applaud the news that some players can even make a living playing. Great example of blockchain working for the little ones.
Sorare Fantasy Football
Collecting soccer cards briefly consumed my life when I was a child and I know many people who admit to spending too much time playing fantasy football as an adult. Sorare has brought the two together for the blockchain generation and some of their collectible digital cards have changed hands for tantalizing sums of money.
Gamers form teams of five players by buying cards at auction in the Sorare market, or by trading them with other payers. Cards are graded according to the player on them and by the resulting numbers. Each player only has one unique card produced per season, which makes it the most valuable of a kind to own. This season's unique card for Paris Saint-Germain's Kylian Mbappe bought for over €55,000, which should give you an idea of the level of involvement of some players.
Your fantasy team of five players will win points depending on the performance of those players in real life games. Gamers can win more cards or payouts in ETH if their team does well. ETH serves as the in-game currency, although gamers can also fund their accounts with fiat.
As with any self-respecting blockchain game, the potential to earn from playing is there, either by picking a team that wins all or by cleverly buying and selling the cards when their value goes up.
Blockchain also ensures that gamers can trade their cards with confidence, knowing that they are not buying fake ones and have access to the full history of every card on the market. That way you can see what cards you see have been sold previously, helping you decide whether to invest or not. While some cards can change hands for a footballer's weekly wage, there are plenty of cheaper options for those looking to start small.
If playing God is your thing and you were a SimCity fan in those days, then MegaCryptoPolis3D is the blockchain-based answer to your prayers. This is a city building MMO dApp built on Ethereum and allows you to buy, develop and monetize plots of land within a decentralized game map.
To start playing, you need to connect your Web3 wallet (eg MetaMask) to your game account, which will allow you to start buying land and developing it. As with the other games on this list, the more you are willing to invest, the more you can earn. Providing services, selling ad space, and collecting taxes on the land you own are just a few of the ways you can earn from playing games.
Last year also saw MegaCryptoPolis3D go DeFi, with the launch of its $MEGA token. This opens up a whole new set of options for players – best outlined in this Medium post – and includes yield farming, liquidity mining, and trading on any DEX.
The game runs on Ethereum and TRON and is available for desktop and mobile.