Article: Blockchain and NFTs are turning gamers into Investors

Blockchain, Digital Content, Innovation

Blockchain and NFTs are turning gamers into Investors

We saw this play out earlier this year when a massive fire in France destroyed approximately 30 servers connected to the hugely popular MMORPG (massively multiplayer online role-playing game) Rust. As a result of the incident, thousands of players lost their saved data, which wasn’t backed up offsite.

The destruction of Rust’s servers helped make the case for more decentralized, blockchain-based gaming models, where external circumstances won’t cause gamers to lose their hard-earned progress or in-game items. As the digital economy has matured, these items have a real-world value, sometimes in the tens of thousands of dollars range or more.

“People spend a lot of money in games. When they quit a game, that money is gone. Your investment is gone. It doesn’t mean anything,” said Gabe Leydon, the former CEO of Machine Zone. “So if people are willing to spend that kind of money in something where if they stopped logging in, it has no value. What happens when, if they stop logging in, they sell what they bought. It will change the whole nature of video games. It won’t be spending anymore. It will be investing. So it totally changes everything.”

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Article: Atari(R) and Chain Games Extend Partnership on the Atari Multiverse

Blockchain, Digital Content

Atari(R) and Chain Games Extend Partnership on the Atari Multiverse

Chain Games™ is an evolution in Web 3.0 blockchain gaming, combining smart contract-based contests with state-of-the-art gameplay. Chain Games’ products are fully ERC-20 and Ethereum compatible. SmartContests™ is an industry-first contract-based competition system where players can compete in games of skill to earn winnings. SmartStaking™ Gaming Contracts reward stakers on the network with 15% of the fees generated on each game played, allowing them to passively earn on any game played on the Chain network.

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Article: Is Video Game Industry Ready to Adopt Blockchain and Crypto?

Blockchain, Innovation

Is Video Game Industry Ready to Adopt Blockchain and Crypto?

The video game industry and blockchain and crypto fields seem to be a perfect match. Both communities recognize and appreciate the value of digital objects, lead in cutting-edge technological developments, like to be in full control of their actions, and are addicted to intensive emotionsNon-fungible tokens (NFTs), yield farming, digital scarcity, crowdfunding are just a few examples of common grounds that could bring players, investors, and traders together.

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