Gaming has come a long way from the early days of Sega and Nintendo’s 90s revolution.
Today, blockchain technology, cryptocurrency, and associated technologies are revolutionizing the ecosystem. They’re introducing transparency and in-game asset tokenization.
And it’s just beautiful to watch because, for a long time, online gaming has included in-game assets in the gameplay. But, it has been largely controlled and owned by gaming developers, with players gaining nothing except the gaming experience. However, integrating cryptocurrency, smart contracts, and decentralization has made online gaming more transparent and player-centric. It's finally the player’s time.
So, if you’re looking to take advantage of a token’s triumph, these are some ways to maximize your online gaming experience with crypto.
Play-to-Earn (P2E)
If you already play online games for extended periods, you might as well earn while at it.
With crypto, this “fallacy” of most early gamers can be actualized. The Play-to-Earn (P2E) gaming model allows players to earn tangible financial rewards that can be cashed out and converted to crypto and fiat currencies.
The blockchain-based game Axie Infinity creates this real-world economy for players. It allows players to earn NFTs as tokenized creatures known as “Axies” through battles and other gaming activities. Due to the game’s popularity, there’s a secondary market where these NFTs can be sold for real cash.
Online casinos are another example of how players can spend and earn crypto through gaming. There are now a growing number of dedicated crypto casinos only accepting payment in popular, and sometimes less popular cryptos. They offer all the classic games players expect from a casino, as well as some new additions, but with blockchain technology at their core, offering greater security, fairness, and anonymity. One of the most popular games at such sites, of which there are some options in cryptonews.com, is plinko. The game allows players to potentially win cash prizes for correctly predicting where a virtual ball or token lands.
Acquire and Trade NFTs and Tokenized In-game Assets
You no longer have to quit that stage because your character isn’t strong enough or low on in-game funds. Skins, weapons, virtual weapons, and even in-game currencies — you name it, it can be purchased without friction. The transaction is fast, its costs are low, and you can do it anywhere with a sense of security.
Looking beyond the gaming environment, you can also acquire these items just to profit from them by selling them to other gamers.
In addition, most developers also incentivize players with crypto-based reward and loyalty programs. You can win tokens and other crypto-based assets by participating in the games, tournaments, or competing milestones. These tokens and characters are often in the form of NFTs that can be minted and sold on NFT marketplaces.
It’s all there for the taking. And that’s only because of crypto integration in online gaming.
Play When and Where You Want
You can take your gaming experience to the next level by getting in on the action anytime and anywhere. Crypto makes this possible as it facilitates borderless transactions. This functionality applies to games requiring in-game transactions, such as the earlier discussed asset purchases.
Since crypto eliminates security and exchange rate barriers when making international transactions, making the necessary purchases for gameplay becomes incredibly fast and easy. Likewise, you can withdraw your winnings instantly with blockchain games or online casinos.
Immerse Yourself in the Gameplay
Cryptocurrency and blockchain technology power metaverse games to create an immersive gaming environment. As a result, you can elevate beyond the current gameplay experience, which involves interacting with the gaming environment in 2D.
With crypto, you can “be in the game” through the virtual world, which the blockchain helps developers build as the gaming environment. These games are more decentralized, thus putting you in charge of your gaming environment. You can customize them to your taste.
Don’t just play the game. Experience it with crypto.
Stay Safe
Many online games still allow players to make purchases with traditional payment methods like bank transfers and E-wallets. Sadly, those methods require you to share your personal account details.
As you already know, that isn’t safe. The associated risks range from scams, fraud, and targeting to identity theft. All those things have the potential to turn your gaming experience sour.
With crypto, however, you can game above such threats. Crypto helps you make gaming transactions without revealing too much personal information.
