Video games have a considerable involvement in the past few decades the global game market which was valued at USD 173.70 billion in 2020 is predicted to reach USD 314.40 billion by 2021 and 2026 some of the biggest video gaming companies including Sony, Tencent Nintendo, and Microsoft, each having the popular blockchain game Axie infinite came to prominence. In a country without the buffer of a welfare support system, many cities and work quotas on the breadline through jobs close all losses.
Even more importantly it allowed players to earn a token and while not a hug some it provided a much-needed income for a variety of players ranging in age from Student to grandparents.
While crypto giving focuses on using crypto coins to transact with other players, native tokens are utilized to generate or gather NFT players. While you may be able to own in-game assets you cannot sell them to other players when compared to this the entire concept is very different in the game. Chain games is an evolution in web 3.0 blockchain gaming combined smart contract we are committed to transitioning the gaming industry into the modern gaming era.
Wild 2020 witnessed several economic shutting down as a direct consequence of the covid-19 pandemics, the video gaming industry was one of the few sectors that experienced an unexpected boom.
With several Nations imposing nationwide log down people naturally restored to seeking entertainment with their homes during the successive round of restrictions with the advancement of PC and mobile gaming there has been a noticeable increase in the gaming industry interest in cryptos. Moreover in traditional games, the game’s life cycle cannot be controlled by the player. When the server is a ton of used virtual properties will be taken away by the operator and the player will have no access to it.