Crypto games can be defined as a discipline of gaming that intersects the concept of cryptography and gaming with that of economics and mathematics. Since then, video games have been the pulse of people. There are those who choose to play video games in their leisure time. Then there are people who choose to make time to play these games. One of the newest additions to the list of pass-time games is the crypto games. However, it can not be truly said as a leisure time cavity. Because whatever happens in the game has an impact on you as well. Crypto games take place on the blockchain, governing the whole cryptography, and the concept of decentralization, obviously.
Despite all that, crypto games are generally described as ‘boring’, ‘sluggy’, and ‘out of life’, after they were launched for the first time. When this whole new concept was introduced to the players for the first time, there was an initial boom of interest. However, crypto games did not receive the wide-scale popularity any other typical video games would get. Still, crypto is a restricted realm for many reasons.
Are crypto games boring and popular at the same time?
There is an underlying notion that crypto games are uninteresting and create a feeling of boredom in those who play them. Many have even said that crypto games are boring and that they do not prefer playing them.
However, recent data suggests that the popularity of crypto games is shooting up with each new day. Those who are familiar with the crypto niche may find the game interesting, and those who do not much much about it may find it boring or difficult. Therefore, for a cryptohead, the games are not boring at all. Now, let us look at what makes these games super interesting for the others.
Why are crypto games popular?
Crypto games have a wide fan base. There are many reasons for that, especially the ownership that it lets you have over the game and assets. Let us look at some of the most important aspects that make crypto games lovable:
- Ownership
In the crypto realm of games, one has true ownership over the possessions that you earn in the game. All the in-game assets that you earn in the game belong to you in a true sense, in the real realm outside the game. For the past many years, gaming enthusiasts have yearned to get true ownership of all their rewards and winnings.
- Financialization
For many out there, crypto games are more of a way of revenue generation. The gaming enthusiast really looks at it as a way to make money. The crypto games are designed to operate on blockchains. When you win the game and earn points in the game, there is the scope to convert it into real money, well crypto, too. Currently, the top cryptos out there cost too much if you plan to invest in them. However, this way you can earn crypto by gaming.
- Cross-ecosystem asset transfer
This is one of the latest developments in the crypto gaming space. When you have true ownership over an asset that you earned in a game, you can transfer it into another game in a different ecosystem. Even you might have felt the need for that. Haven’t you ever felt that it would have been better if you could use a particular set of ammunition or weapon present in a game, in a different one? Well, that dream is coming true now. However, note that all the games out there have not adapted to this cross ecosystem availability, yet. Therefore, check about the latest updates in this.
Are crypto games leading to hyper financilization?
Currently, there is nothing to be concerned with regarding the hyper-financialization that is revolutionizing the crypto gaming scope. Many of the investors are considering it as a zero-loss method to invest in crypto. You play games, you earn crypto and you invest that in crypto. That’s a pretty good cycle more seem to be interested in.
The P2E gaming realm is revamping the whole concept of crypto gaming. However, note that, unlike what is said, in reality, it is not that easy to make money by playing crypto games. We are not saying it has a once-in-a-blue-moon probability, however, you need to work really well on the games. The rewards that you get from the crypto games may be NFTs, or particular crypto itself. And this can be redeemed and traded for other cryptos.
Final Thoughts
The bottom line is, that it is up to the individual player to decide whether crypto games are ‘boring’. It may be boring to your buddy, but you may find it cool. Therefore, you need to try it without any judgment to realize how you will find it.
Make sure that you are playing a legitimate game from a reputed source. The presence of illicit actors with fraudulent games is not to be ignored.
Read More: Cryptocurrencies in Online Casinos: Bitcoin and Beyond
