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The Future of Blockchain Gaming
Gaming has evolved from simple to complex technologies. Gaming has leap-frogged from the 80’s gaming consoles like the game boy, atari lynx & game gear to games powered by modern, advanced technologies, i.e. Facial recognition, Virtual reality, Augmented reality, Voice control, among many others.
The gaming industry is advancing at a fast pace & revolutionizing the gaming experience by integrating different, intriguing technologies to improve user gaming experience. With the invention of blockchain, many expectations and changes are happening within the gaming & game developers communities.
Bitcoin ushered in the age of cryptocurrencies and blockchain, and for a long time, blockchain has been closely associated with cryptocurrencies. But, that appears to be changing because blockchain is a vital technology across all industries. In the gaming industry, some of the earliest implementations of blockchains were through tokenization and virtual currencies.
The current adoption of blockchain technology is motivated by liquidity & the blockchain structure. In 2020, the global digital gaming industry was estimated to be worth $152.1 billion and is set to reach $256.97 billion by 2025. The industry is lucrative. With blockchain smart contracts, the industry integration with the blockchain…
