Introduction to Arcade Network- The Gamers Guide
Over the years, the concept of gaming (or video games) has evolved dramatically, from a simple Ping-Pong game to complex software solutions on consoles, PCs, and mobile devices that offer a virtually unlimited range of genres and interaction mechanisms, transforming games from simple interactive forms of entertainment into complex universes that both engross and captivate.
Since then, a slew of blockchain-based games have rolled off the assembly line, varying in complexity and success. NFT games, which have made the transition from Play to Earn games to collectible games based on the Pay to Earn principle, were introduced in the first quarter of 2021, and rare NFTs often fetch astronomical prices on the market.
Why Is Blockchain Necessary in Gaming?
Video gaming is a fairly closed industry, with players confined to their dorm rooms, couches, consoles, and mobile devices, but primarily to the in-game environment, which offers few options. This limits the interaction process to the game and the instruments it provides, which are usually collectible in-game items that affect an in-game character’s abilities or visuals. Modern gaming is truly isolated in the sense that players can only interact with their characters and items within the in-game environment, with no connection to the outside world.
Furthermore, most online and offline games can be hacked or modified, giving some players an unfair advantage over others.
Decentralized gaming provides gamers with exactly what they want: an economy based on principles of transparency, immutability, and fairness, which eliminates the possibility of fraud and allows players to start earning in-game rather than spending.
The Future of Games- ArcadeNetwork
The market determines the winners and is always quick to latch onto any opportunity that promises rewards and profits, so statistics speak louder than any prognosis. Gamers seek variety, new experiences, and the opportunity to profit from their favorite games.
This is where ArcadeNetwork comes into the picture!
With the help of blockchain technology and NFTs, ArcadeNetwork is able to do the following:
Property ownership of in-game-assets
One interesting development with blockchain-enabled support is the transfer of game asset ownership from games to players. Battle games, such as Fortnite or PUBG, ushered in a shift to free games by introducing in-game purchases, such as skin/weapon upgrades, to generate revenue. And, in order to encourage longer play, game developers have rewarded players who have put in long hours to achieve a specific goal. Despite their efforts, players have no digital assets, and their hard-earned money remains in the game. ArcadeNetwork comes with the provision of transferring full ownership to the game players rather than game developers.
Lowers the cost of game items
The high cost of gaming products limits the market for developers. As a result, gamers look for stolen game items on the digital market. Blockchain, on the other hand, has a low-cost microtransaction advantage. It may allow developers to sell their power-ups at low prices without losing money.
Making investors out of gamers
Because of the current centralized nature of video gaming, players do not actually own the in-game items they’ve earned; if they stop playing a game, or if the game’s servers are hacked or shut down by the developers, anything they’ve purchased while playing is lost forever. Gamers can now transfer their asset to another metaverse (game) or convert it into an NFT, which they can sell, exchange, or keep for future leveraging, thanks to ArcadeNetwork.
Create Games on the fly
Game developers who wish to launch and bring up their games or metaverses can simply make use of something called Global Shared Land provided by ArcadeNetwork and Assets rented out from other games on the platform. They have all the ingredients already available for forming a Game, all they have to do is write some lines of logic and use cases to ensure the usability of these assets and boom! it’s done.
That’s all for now; it’s a lot to take in at first, but if you’re reading this during our growth period, we’ll be available on Social handles to answer any questions you have- https://linktr.ee/ArcadeNetwork
Are you a game creator? We have something for you- Introduction to Arcade Network- The Creator’s Guide
