The document discusses 3 reasons why the video game industry is bound for the blockchain:
1) It is currently impossible to search across all gaming platforms to see what games exist and who is playing them.
2) Undiscovered developers have a difficult time getting recognized.
3) Players do not truly "own" the assets they earn in games.
2. The blockchain is the latest tech craze to impact the finance, retail, medicine,
insurance and gambling industries.
It makes sense that gaming would be next.
3. With the
existence of
VR, AR, A.I.
and smart
technology,
there isnt
any game
demographic
these days
that isnt
covered.
There are
over 2.2
billion
active
gamers in
the world,
and 47% of
them are
spending
money.
4. There are three reasons
to merge blockchain
technology with the
gaming industry . . .
5. its currently
impossible to
search across all
gaming platforms
to see exactly what
games exist and
who is playing
them/creating
them. Its also very
tough for
undiscovered
developers to get
recognized, and
players dont really
own any of the
assets they earn.
(1) It's impossible
to search across
all current gaming
platforms
(2) Undiscovered
developers can't
get recognized
(3) Players dont
really own the
assets they earn
from games.
6. Lack of a Universal Search
It can be extremely overwhelming and stressful to search for the next game
to play. Because there are so many options, its easy to just stick with what
you know. There is no single, efficient, universal way to search/sort all
games by genre, developer, or title
7. Overstuffed Market
Most users keep going back to whats familiar, so developers of unknown
games might spend their entire careers going unrecognized.
8. Unsatisfying User
experience
Users never really
own anything
they earn
because of the
creation aspect of
intellectual
property law.
Gamers know their
virtual items would
have tremendous
value if traded in
the real world.
9. Because the
blockchain has the
ability to create an
itemized database like
Netflix or IMDB, it can
easily maintain a
dynamic, searchable
database. In addition
to helping users search
for their next
experience, it could
help developers form a
much-needed fan base.
10. Tokenizing games will also motivate players to play
towards an end-goal because digital assets will finally have
real-world physical properties and values.
Developers will then gain notoriety as more users play their
games.
11. A rewards-based
program where
gamers and
developers can
monetize off their
gaming and
development
skills is what
everyone has
been dreaming
about for years.