Blockchain gaming is an emerging trend that combines elements of traditional computer games with cryptography-based blockchain technologies. The technology is also used to create cryptocurrency-based games. Besides being an effective tool for cryptocurrency transactions, blockchain games are also attractive entertainment choices for gamers. Listed below are some of the main benefits of blockchain gaming. These include: - - Decentralization - Unlike traditional games, blockchain games don't require any central authority to change them. Players control the gameplay and assets themselves. Blockchain technology solves many of the problems that plague the gaming industry. The first generation of blockchain games centered on trading and collecting unique assets. CryptoKitties led the way with this genre, and it's still a popular choice. Blockchain technology also makes in-game assets 'ownable' and gives them a permanent value. - Decentralized: Blockchain games eliminate the need for centralized servers, which are prone to hacking. The Ethereum community, for instance, discovered a hack on the DAO project and implemented a hard fork to prevent the draining of funds. In turn, this helped restore investors' money. Because the blockchain is decentralized, no centralized agent can alter the public address, or modify the ownership of in-game assets. Moreover, centralized servers are easy to hack, and hackers can easily steal the assets stored on them. While the first games were released in 2017, the popularity of blockchain games started to gain momentum in 2021. Some AAA game publishers even indicated their intention to explore blockchain games. Despite its high-profile, these games have also faced criticism from both players and game companies. This makes them a hot topic of discussion in the game industry. If you have an interest in blockchain gaming, we encourage you to check out our latest reviews and see what we've learned. One such game is the Skyweaver game from Horizon Interactive. Players can collect rare cards using non-fungible tokens. Players can sell their rare cards to other players. Moreover, the developer doesn't need access to the players' cards. Further, the game's environment-friendly nature makes blockchain gaming more attractive to developers. Its developer, Chris Sanders, says blockchain gaming is a great way to promote creativity and innovation. The developers hope that these games will become a hit. Another important benefit of blockchain gaming is its ability to increase productivity. Since blockchain is decentralized, it protects data from hacks. It also prevents fraudulent transactions. It enables developers to create rare collections and increase game productivity by blocking fraudulent transactions. With its transparent decentralized structure, blockchain gaming is attracting millions of gamers and investors across the globe. So, if you're interested in blockchain gaming, here's what you need to know. There are many advantages to blockchain gaming. Most blockchain games store all of their items on the blockchain, and items are tied to player's public addresses. This way, items tied to an Ethereum wallet are permanent and cannot be stolen or sold. However, these games also have some risks. For example, a game publisher could become hacked or banned, thus making it difficult for developers to continue developing it. In addition, blockchain games are more secure than traditional games. Another benefit of blockchain gaming is the decentralization of game assets. Blockchain games offer complete control over online assets and reward players for their participation in the game. Players can purchase in-game assets and trade them for cryptocurrencies or real-world money. As an added bonus, these assets are also available for sale in external markets. The traditional centralized gaming model prohibits such transactions. So, blockchain gaming could be a great opportunity for gamers. But be careful about scams when investing in games. In the first quarter of 2022, $2.5 billion in capital was raised for blockchain games. This was an increase of 150% over the prior quarter. One of the companies that successfully secured $360 million in venture funding and established itself as the leading Web 3 brand is Animoca Brands. In terms of the content of blockchain games, most use a play-to-earn model where players earn money while playing the games. Gamers can then use their new money to buy game-related items. Another benefit of blockchain gaming is that it facilitates the development of decentralized gaming platforms. Currently, most of the industry relies on third-party servers and is highly susceptible to fraud and hacking. With this technology, developers can create resource-rich games that can earn rewards. Then, gamers can upgrade the versions of their games and trade these rewards for profits. The blockchain also records the ownership of the items. In addition to decentralization, blockchain gaming also allows players to make use of one profile across multiple gaming platforms.