NFTs – How Blockchain Can Transform The Way We Play Video Games



NFTs, or Non-Fungible Tokens, are a new method of digitally “owning” and “trading” such items as rare art, collectibles and even real estate titles. NFTs utilize blockchain technology, distributed ledger, and smart contracts as a way of verifying digital ownership of an item, and thus have potentially limitless applications in video games.

Implemented correctly, they could potentially change the way video games are even played as we speak, particularly MMOs and RPGs, where the rarity of items, equipment and treasures can extend beyond a single gameplay experience, and shared by that game’s entire community.

00:00 – Splash
00:11 – Intro
01:57 – What Is An NFT?
04:42 – An Example of NFT Using Final Fantasy
05:57 – Digital Scarcity & Ownership
07:14 – Digital Rare Collectibles
09:41 – A More Communal Gaming Experience
11:02 – Challenges Going Forward
11:44 – Outro

► Twitter: https://twitter.com/TheGamerSphere_

Susan O’Connor Ask A Game Writer Blog:
https://www.susanoconnorwriter.com/blog

CRYPTOCURRENCY DONATIONS:

► Bitcoin (BTC):
1JaT2R1MJvhf7HJ12voJPLLV2xKCEWyNBw

► Ethereum (ETH):
0x91406A4894204eA2302591c7BAa417e5adF8283F

► Cardano (ADA): addr1q8zadehwyg5yatt2fq5l3j0hzjq2uc4256pgs6xqsxdqgzhz9jrnge563p4seyjnles94pczkg4relrg9u4xfznqgcyqckdyg3

► Enjin (ENJ):
0x9a593510f77434C6f345D01BaF7F8A1604084a10

Sources:

https://hackernoon.com/the-future-of-gaming-is-nfts-robbie-cochrane-co-founder-of-chainguardians-2qp33y6

https://www.gamespot.com/articles/nft-explained-what-the-new-crypto-craze-is-and-what-it-can-be-soon/1100-6488783/

https://venturebeat.com/2021/02/26/the-deanbeat-how-non-fungible-tokens-nfts-will-change-games/

https://hackernoon.com/the-enchanting-world-of-crypto-based-rpgs-and-nfts-ea6e33fj

https://www.pcgamesn.com/final-fantasy-xiv-a-realm-reborn/ban-players

https://cointelegraph.com/press-releases/crypto-industrys-first-aaa-quality-game-illuvium-closes-5m-fundraiser

https://www.cnbc.com/2021/02/22/tesla-has-made-1-billion-profit-on-its-bitcoin-investment-analyst.html

https://www.cnbc.com/2021/03/22/jack-dorsey-sells-his-first-tweet-ever-as-an-nft-for-over-2point9-million.html

#blockchain #nft #videogames #mmo #rpg #finalfantasy #pokemon #enjin #vulcanverse #decentraland

Source

Categories N4G

3 thoughts on “NFTs – How Blockchain Can Transform The Way We Play Video Games”

Leave a Comment