- February 11, 2023
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The global market cap of crypto has gone beyond $2.25 Trillion. Every savvy investor considers cryptocurrencies a go-to option for expanding their investment portfolio. However, the crypto industry still has a long way to go despite its great popularity.
Talking about Gaming is continuously pushing the industry to the next level. Gaming gives way to everyone not understanding the hardcore concepts of crypto, a fun way to indulge and earn through it. It creates real use cases and thus aims to cause mass adoption.
Is Gaming the only way to push mass adoption? Probably No! However, it is one of the most delightful and inventive ways.
Gaming gives Real Use Case to Crypto.
Crypto and Gaming is a new combination that gives breakthrough actual use cases to the blockchain and virtual asset community. With the advancement in play-to-earn (P2E) Gaming via metaverse, blockchain gaming is adopting a different pace.
To provide incremental benefits and an outstanding customer experience, the P2E method incorporates digital solutions such as crypto and non-fungible tokens (NFTs). Moreover, Virtual currency should be used as an in-game currency to reward users for their willingness to participate in the game.
Perhaps NFTs are revising how we come to terms with in-game items by making them easily accessible beyond the gaming ecosphere for real-world monetization.
Creating a win-win situation for Developers as well as gamers
Investing mainly in crypto requires research and time. Also, not everyone has the time and motivation for handling their bets in the virtual currency world.
Even though almost all programmers are tech-savvy, not everyone is involved in digital currencies. Nevertheless, don’t you believe that once they see the potency of crypto, it will inspire them to play an active role?
Let us now turn our attention to the masses. Trading isn’t for everyone since market rates are unstable, but maybe you could earn money while playing video games. Several cryptocurrency projects are doing something about it.
So, rather than just enjoying meaningless tokens or coins as in conventional games, everyone now has the power to play to earn real money meanwhile also contributing to the game’s inner economy.
Going mainstream with the Snowball effect
The mainstream adoption of anything based on crypto is only possible when more and more people can interact in a community and find worth in it.
The greater the worth, the more engagement it will drive, and the more engagement will eventually lead to the mass adoption of crypto. A blockchain space where even people with minimal time and experience can find a way to earn through cryptocurrencies.
Blockchain technology is already being used in a wide range of industries, but the use cases could be “too boring” for the rest of the people. Fortunately, bitcoin gaming fixes the “boredom” issue by developing both entertaining and profitable crypto.
Final Words
In a broader view, NFTS with a blend of metaverse can be a perfect dressing for the success of mass adoption in crypto. Easily accessible and sound to engage in will drive the mass adoption of cryptocurrencies. No matter what, crypto gaming is on the path of expanding on a broader scale, and in the forthcoming years, we all can expect to live and experience an entirely new world of Gaming via crypto.