How Crypto is Changing the Gaming Industry 

<p><span data-contrast&equals;"none">Although it is easy to disregard crypto as a financial speculation and nothing more&comma; it has recently started to send shockwaves through a number of other industries &&num;8211&semi; including gaming&period;<&sol;span><span data-ccp-props&equals;"&lbrace;&rcub;"> <&sol;span><span data-contrast&equals;"none">Of course&comma; gaming and crypto have a long history together&period; A decade ago&comma; gamers were using Bitcoin as a cheap runner-up prize in online gaming events&comma; and as a means of exchanging value between players&period;<&sol;span><span data-ccp-props&equals;"&lbrace;&rcub;"><br &sol;>&NewLine;<&sol;span><&sol;p>&NewLine;<p><span data-contrast&equals;"none">Indeed&comma; digital tokens have been actively used within games for at least as long&comma; giving you the ability to purchase in-game products like new character outfits&comma; weapons&comma; or vehicles&period;<&sol;span> <span data-contrast&equals;"none">This tokenized system has been successful&comma; but crypto is set to change how games are played once again thanks to <a href&equals;"https&colon;&sol;&sol;www&period;cryptopolitan&period;com&sol;the-influence-blockchain-has-in-the-casino-world&sol;">blockchain<&sol;a>&period;<&sol;span><&sol;p>&NewLine;<p><span data-contrast&equals;"none">Here is how crypto is changing the gaming industry&colon;<&sol;span><span data-ccp-props&equals;"&lbrace;&rcub;"> <&sol;span><&sol;p>&NewLine;<h3 style&equals;"text-align&colon; center&semi;"><b><span data-contrast&equals;"none">Games are Becoming Decentralized Through Crypto Blockchains<&sol;span><&sol;b><span data-ccp-props&equals;"&lbrace;&quot&semi;335559739&quot&semi;&colon;320&rcub;"> <&sol;span><&sol;h3>&NewLine;<p><span data-contrast&equals;"none">While the existing token currencies within games are useful&comma; they have a major flaw &&num;8211&semi; the game is created and owned by a single company&period; They have the power to shut the game down&comma; prevent users from trading particular items or bring out a new game&comma; which renders the value of any item created within the previous game worthless&period;<&sol;span><&sol;p>&NewLine;<p><span data-contrast&equals;"none">To make matters worse&comma; you can&&num;8217&semi;t take your virtual assets out of a particular game&period; <&sol;span><span data-contrast&equals;"none">Decentralization is changing this&period; Once you have some crypto coins to use as building blocks which you can store in a secure hard wallet&comma; such as a wallet from <&sol;span><a href&equals;"https&colon;&sol;&sol;www&period;keevowallet&period;com&sol;"><span data-contrast&equals;"none">Keevo<&sol;span><&sol;a><span data-contrast&equals;"none">&comma; you can create your own games or characters within a digital metaverse&period; <&sol;span><&sol;p>&NewLine;<p><span data-contrast&equals;"none">This metaverse links different games to one another&comma; allowing you to take your character out of one game and into another one&period; This intra-game operability adds a huge amount of value to individual games because their tokens can now be converted into cryptocurrencies and used to buy &&num;8216&semi;real world&&num;8217&semi; items&comma; and the game itself is future-proofed&period; Get a great deal with <a href&equals;"https&colon;&sol;&sol;cryptsy&period;com&sol;best-crypto-presales&sol;">crypto presales<&sol;a>&period; Crypto interest accounts are becoming more popular&period; If you are considering opening an account&comma; make sure you <a href&equals;"https&colon;&sol;&sol;newtonadvisor&period;com&sol;what-does-apy-mean-in-crypto&sol;">understand how APY is calculated<&sol;a> and what a competitive APY is for the coins you are holding&period;<&sol;span><&sol;p>&NewLine;<h3 style&equals;"text-align&colon; center&semi;"><b><span data-contrast&equals;"none">NFT&&num;8217&semi;S Allow You to Create Your Own In-Game Products<&sol;span><&sol;b><span data-ccp-props&equals;"&lbrace;&quot&semi;335559739&quot&semi;&colon;320&rcub;"> <&sol;span><&sol;h3>&NewLine;<p><span data-contrast&equals;"none">An NFT is a <&sol;span><a href&equals;"https&colon;&sol;&sol;www&period;theverge&period;com&sol;22310188&sol;nft-explainer-what-is-blockchain-crypto-art-faq"><span data-contrast&equals;"none">non-fungible token<&sol;span><&sol;a><span data-contrast&equals;"none"> &&num;8211&semi; a digital asset with a limited supply&comma; which cannot be replicated or copied&period; The NFT market has seen a massive increase in size over recent months as users trade music&comma; art&comma; and other encrypted digital products&period;<&sol;span><&sol;p>&NewLine;<p><span data-contrast&equals;"none">One of the most obvious use cases for NFT technology is gaming&period; If you create a sword in an RPG that proves effective&comma; you may want to sell it to other users&period; However&comma; the sword&&num;8217&semi;s value is limited because you can&&num;8217&semi;t use it in other games and never know how many other people have the same sword&period; <&sol;span><span data-contrast&equals;"none">However&comma; if you buy the sword as an NFT&comma; you know its exact finite supply&period; You own it outside of the game&comma; allowing you to use it in other games or even sell it on to another user&period;  You can also use a <a href&equals;"http&colon;&sol;&sol;99starz&period;io&sol;">99 starz token<&sol;a> to rent NFT assets in the most popular play-to-earn games like Axie Infinity&comma; Sorare &amp&semi; F1 Delta time&period;<&sol;span><&sol;p>&NewLine;<h3 style&equals;"text-align&colon; center&semi;"><b><span data-contrast&equals;"none">You can Now Buy Digital Real Estate<&sol;span><&sol;b><&sol;h3>&NewLine;<p><span data-contrast&equals;"none">One of the most popular <&sol;span><a href&equals;"https&colon;&sol;&sol;www&period;nasdaq&period;com&sol;articles&sol;the-defi-boom-is-finally-here-and-blockchain-gaming-will-reap-the-rewards-2021-02-22"><span data-contrast&equals;"none">decentralized online games<&sol;span><&sol;a><span data-contrast&equals;"none"> is Decentraland&comma; which allows you to live in and populate an entirely digital world&period; This world is completely under the control of the users&comma; as the network is completely decentralized&period; <&sol;span><&sol;p>&NewLine;<p><span data-contrast&equals;"none">Games such as Decentraland are changing how gamers interact with each other&period; These digital gaming worlds are now allowing users to buy and rent out digital real estate&comma; sell art through digital art galleries&comma; host club nights with celebrity DJs&comma; or even set up a casino within the game&period;<&sol;span><&sol;p>&NewLine;<p><span data-contrast&equals;"none">This gives users a greater level of independence&comma; allowing them to earn a living within games and create a more realistic digital footprint&period;<&sol;span><span data-ccp-props&equals;"&lbrace;&rcub;"> If you developed an interest in investing in cryptocurrencies&comma; it might be imperative to read articles such as &&num;8220&semi;<a href&equals;"https&colon;&sol;&sol;funfair&period;io&sol;does-solana-live-up-to-the-hype&sol;">Does Solana live up to the hype&quest; &&num;8211&semi; Funfair<&sol;a>&&num;8220&semi;&period;<&sol;span><&sol;p>&NewLine;<p style&equals;"text-align&colon; center&semi;"><span data-ccp-props&equals;"&lbrace;&rcub;"> <em>This article contains sponsored links&period;<&sol;em><&sol;span><&sol;p>&NewLine;

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