The only constant factor in life is change. Change is especially vital to innovation like blockchain, which has to scale up to improve dependent applications like crypto gambling. For blockchain, adoption means infrastructural and regulatory changes to improve this sector.
How traditional industries will transform & hedge whatever structures & processes that took years & plenty of resources to incorporate blockchain efficiency are the million-dollar questions for developers.
Like other sub-sectors, the multi-billion gaming industry, which BC.GAME features, is no exception.
Blockchain technology offers use cases extending beyond cryptocurrencies like Bitcoin. The introduction of smart contracting and subsequent tokenisation removed the supposed ceiling blockchain had.
Therefore, its application in gaming has the potential to herald a new gaming era and help drive blockchain adoption.
Gaming will not only prove a use case but also lead to further refinement of innovation & more interaction as players indulge.
Often—and unfortunately, gaming is seen as a leisure sector. However, this tag is quickly changing, considering the billions of dollars poured into emerging technologies like AI, augmented reality & now blockchain.
The integration of all this into blockchain makes it a viable economic venture that’s worth exploring. Specifically, blockchain drastically revamps and improves gamers and their builders, helping roll out the best crypto games.
For instance, through the blockchain, there is flexibility and in-app systems where an ecosystem and a vibrant marketplace can be created.
Creating Efficient Ecosystems In Blockchain Gaming
Meanwhile, creators can incentivise participation by not only creating a token system to reward players but can easily bypass the middleman.
In blockchain gaming applications like the BC.GAME, the creator supports a variety of tokens, including Bitcoin & a list of highly popular DeFi tokens ushering in a new era of transparent crypto gambling.
Here, instead of using a payment processor, BC.GAME players can directly place bets on events, win & withdraw their profits from any of its crypto and Bitcoin gambling games. This way, they not only accumulate, but the instantaneous nature of their asset withdrawal presents an advantage.
Already, some developments show how revolutionary blockchain is. In the wake of the great crypto and blockchain euphoria of late 2017 and early 2018, CryptoKitties rose to prominence.
While it could be described as a unique application of Ethereum’s token standards, it was, in reality, a game. This NFT gaming experience spawned activity; thus, an array of games have been rolled out with increasing sophistication.
Two years later, blockchain gaming has grown in sophistication and diversity. Gaming platforms and creators are coding life into gaming and launching renewed experiences. As seen at BC.GAME, several interactive games like Bitcoin Crash Game & others are available anywhere in the world.
The creators aim to disrupt the non-competitive nature of gaming platforms which charge exploitative fees to creators by introducing unnecessary silos. These silos prevent the shifting of valuable items between games.
Notably, gaming platforms are also evolving partly to prevent being relegated to oblivion. And secondly, gaming is widely popular and easily available.
Traditionally, gaming can be accessed from smartphones, the web, and desktops. Subsequently, the rise of blockchain has seen them adopt this technology as part of their product distribution & enhancement of their services.
Blockchain Gaming Space: The Big Picture
As it is, the blockchain gaming space is gearing up to what promises to be a massive force in the crypto space for two reasons.
First, with the integration of gaming into the blockchain, there are a drastic paradigm shift and a new form of digital interaction like never before. The fulfilment of gamers’ demands is a trigger that draws even more users, causing a snowballing effect, a movement of gamers.
Second, online gamers are a tad bit more sophisticated with more know-how than the average internet user. Because of their technical know-how, they are usually more open to ideas.
How will a player deposit crypto? Will he use the same coin to bet on games? And win extra coins, which they then pull out from the platform at any time of the day. Or, before liquidating in the secondary market, overly help to create a circular, liquid market?
Uniquely, the market taps into the very interest of the player. This interest is to spin and win even more tokens, as aforementioned.
More innovations are sparking due to the benefits presented by the blockchain! From how things are, the blockchain needs gaming more as an experimentation playground.
There will be mass adoption and mass application of the technology beyond gaming first when it provides value to gaming. Gaming is roughly forty years ahead of the curve compared to other sub-sectors innovation and technology application levels.
Notably, it is the sophistication that present blockchain companies use when investing in gaming platforms. They are quite overt! They channel billions for free as long as the technology is used behind the scene. And indeed it shall.
Blockchain will be more like a behind-the-scenes infrastructure where users in the future won’t even know they are using it.
The more widespread it becomes, the more refinement there will be, and the easier it will become to use.
BC.GAME is proving to be fertile ground for blockchain. The latter’s success depends on how players receive blockchain gaming apps.
The good news is that as a learning tool. It has succeeded as gaming platforms support even more tokens and coins to improve user experience.