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Author Topic: (Crypto Games) A revolution in the gaming industry or a passing trend?  (Read 185 times)
iv4n
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July 01, 2023, 07:26:26 AM
 #21

Today I would like to understand and find out your opinion about the real value and potential of crypto games. I am interested to know how much they can change the gaming industry, what challenges and problems are associated with them? Grin

Please be more specific. What do you mean by "crypto games"?

Of course that OP should be a little more specific. I don't think anyone understands what OP really wants to know... about crypto gambling games (he posted in the Gambling section), crypto games where people can earn crypto, or it's crypto games where people can gamble with crypto (there was a Dragon's Tale, who remembers). So people give random answers and it looks like a mess already.

If you are referring to games in a crypto casino, they are actually quite similar to the games offered in traditional fiat casinos. The main difference lies in the form of payment method. In fiat casinos, we use cash as the payment method, whereas in crypto casinos, cryptocurrency is used for transactions.

Yes, there are differences in payment methods, and I think we all know how much easier and simpler it's to gamble online with crypto and not fiat. But besides that, there is also "Provably fair" technology... The outcome of the game (dice, crash, limbo, and all other crypto gambling games) is provable, transparent, and verifiable.

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July 01, 2023, 08:52:47 AM
 #22

I was going to ask the same! What is a crypto game? Roll Eyes

Generally speaking I think that: Blockchain related businesses/games are in their "infancy" and so far we are only seeing "primitive/naive" applications.

For sure, any system that DO NOT require a third party, which introduce a new concept of "trust" through the use of blockchain, it is clear that will be the future or at least an innovation destined to remain and probably to gain more importance over the time.

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ethereumhunter
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July 01, 2023, 10:58:51 AM
 #23

A crypto game that many people are currently playing, such as an NFT game? If that's what you mean, the game has grown big along with the development of crypto itself. And the crypto game these people play is different from the game in the casino because the game doesn't use the money to play, although later if they want to have some of the items in the game, they have to buy them. And the game is said to be able to make money for its users but I don't know for sure about that because I don't play it. I only play in casinos and so far, the gambling games in casinos have progressed from a few years ago.

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July 01, 2023, 11:11:41 AM
 #24

Today I would like to understand and find out your opinion about the real value and potential of crypto games. I am interested to know how much they can change the gaming industry, what challenges and problems are associated with them? Grin

When we are playing games, the first thing that we are after is to get the satisfaction of having pleasurable time amidst our peers in a gambling station or while on their platform online, every since the introduction of cryptocurrency, many of this same gaming industries have switched to the use of crypto games to make their services more unique and acceptable by playing along the dictate of the development trends in financial economy whereby gamblers will now prefer the use of cryptocurrency in making payments for gambling.
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July 01, 2023, 11:25:28 AM
 #25

A crypto game that many people are currently playing, such as an NFT game? If that's what you mean, the game has grown big along with the development of crypto itself. And the crypto game these people play is different from the game in the casino because the game doesn't use the money to play, although later if they want to have some of the items in the game, they have to buy them. And the game is said to be able to make money for its users but I don't know for sure about that because I don't play it. I only play in casinos and so far, the gambling games in casinos have progressed from a few years ago.
There are a lot of NFT games and after the hype NFT started more and more new games are popping up but now NFT is getting behind the train where few people are interested and most of the people already realized that NFT could have value a few years ago because of the hype and it seems the hype on NFTs will not be repeated which has led many to abandon them.
I myself prefer games that can generate BTC compared to NFT and there are several options that can be played even though I play just for the sake of trying.

But for entertainment and to try your luck gambling games are the main choice because they provide a satisfaction effect that cannot be obtained from other games.

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July 01, 2023, 11:47:46 AM
 #26

Today I would like to understand and find out your opinion about the real value and potential of crypto games. I am interested to know how much they can change the gaming industry, what challenges and problems are associated with them? Grin

Crypto games, did you know that gaming or at least online crypto based platform was one of the best used case of crypto especially bitcoin? So that's say it all, and even in it's young history, crypto gaming has become a billion dollar industry already and you can see that there are a lot of crypto based signature campaigns here, each everyone trying to gather the audience to play on their platform.

One challenges is that crypto based gambling though has revolved, not they are mandated to enforce KYC because it is one of the regulations. And for the majority of us, we don't want to submit our personal info regardless of online gaming platform or even exchanges.

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July 02, 2023, 02:56:26 AM
 #27

There are a lot of NFT games and after the hype NFT started more and more new games are popping up but now NFT is getting behind the train where few people are interested and most of the people already realized that NFT could have value a few years ago because of the hype and it seems the hype on NFTs will not be repeated which has led many to abandon them.
I myself prefer games that can generate BTC compared to NFT and there are several options that can be played even though I play just for the sake of trying.

But for entertainment and to try your luck gambling games are the main choice because they provide a satisfaction effect that cannot be obtained from other games.
If we talk about NFTs, it will be different from gambling games in casinos except that it is in a decentralized casino and the casino has its own original games besides having a list of gambling games from third parties. But now the NFT game seems to have started to decline in trend and will be replaced by something new so he doesn't need to think about it too seriously. I also like games that generate bitcoins because that means we can collect bitcoins but we can't expect to get a lot of satoshi in a short time because the rewards are getting smaller now.

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July 03, 2023, 11:26:56 AM
 #28

I was going to ask the same! What is a crypto game? Roll Eyes

OP did not come back to explain what he meant by Crypto game, all I know about Crypto games are tokens that evolve around games, whether peer-to-peer or platform against player or players.
The popular one is Axie and DPET, there are many other PVE and PVP platform but because Axie losing its value in the market, I think we cannot consider it a revolution it is a passing trend already because all these PVP are losing their popularity.

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Doan9269
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July 03, 2023, 11:37:05 AM
 #29

A crypto game that many people are currently playing, such as an NFT game? If that's what you mean, the game has grown big along with the development of crypto itself. And the crypto game these people play is different from the game in the casino because the game doesn't use the money to play, although later if they want to have some of the items in the game, they have to buy them. And the game is said to be able to make money for its users but I don't know for sure about that because I don't play it. I only play in casinos and so far, the gambling games in casinos have progressed from a few years ago.

I want to believe he's referring to the general crypto games regardless of the categories as long as it's included among the games we could play with the use of cryptocurrency other than fiat, if we look more closely to the world gaming circles today, we can discover alot of diversifications with online gambling ever since the emergence of cryptocurrency and most of the gambling platforms have also developed interest to go along with this development by making use of advanced way of gambling whereby crypto gambling is made more easier and more better than other forms.
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July 03, 2023, 11:47:25 AM
 #30

-snip-
If we talk about NFTs, it will be different from gambling games in casinos except that it is in a decentralized casino and the casino has its own original games besides having a list of gambling games from third parties. But now the NFT game seems to have started to decline in trend and will be replaced by something new so he doesn't need to think about it too seriously. I also like games that generate bitcoins because that means we can collect bitcoins but we can't expect to get a lot of satoshi in a short time because the rewards are getting smaller now.
Actually, it's not much different from casino games because there are several casinos that have lottery games or bets where you can get a number of NFTs if you win.
But it is true that casinos are only decentralized ones whereas as for original games I believe almost all crypto casinos have their own original games.
Bitcoin games have been around for a long time and there are lots of options that you can play, but to generate Bitcoin from the game takes a long time because you have to collect little by little and this can be one of the ways you can invest in Bitcoin without having to buy it.
Maybe if casinos can develop such games it will be able to provide more interest for gamblers.

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