Blockchain gaming gained significant attention with the rise of Axie Infinity in 2020. Despite a setback from a $600 million hack in 2022 and a downturn in user engagement that happened within Axie, the blockchain gaming sector continues to captivate many with its promise to merge gaming, blockchain technology, and metaverses.
This innovative blend aims to transform the entertainment industry's economic landscape, offering players enhanced control and opportunities to monetize through the trading of tokens or in-game assets. The fervor for blockchain gaming remains undiminished, with the market, valued at $4.83 billion in 2022 and projected to surge by 68% by the year 2030.
What are Blockchain Games?
Blockchain games, also known as crypto, NFT, web3, and metaverse games, revolutionize gaming with blockchain technology by integrating decentralization through management by DAOs for increased security and longevity, enabling interoperability for cross-game interactions that boost asset value, and facilitating ownership and monetization where players genuinely own digital assets they can sell for real money.
Blockchain games also allow for data portability, empowering players to transfer their data and assets freely across games and platforms. This evolution significantly diverges from traditional gaming, emphasizing player control, security, and the unlocking of new economic opportunities.
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Leading Blockchain Gaming Projects of 2024
This section highlights promising blockchain gaming projects poised to spearhead innovation in the gaming industry. Below are the featured projects:
Ronin
Ronin is an EVM-compatible blockchain crafted explicitly for gaming. Ronin is developed by Sky Mavis, the creators behind Web3's blockbuster game, Axie Infinity, which has amassed over $1.3 billion in revenue.
Distinguished as the sole blockchain to successfully scale a single game to support millions of daily active users, Ronin has facilitated more than $4 billion in NFT transactions.
Ronin has its own native token called $RONIN, $RONIN serves as the pivotal ecosystem token for the Ronin blockchain. It allows users to cover transaction fees on Ronin and engage in network security by delegating to validators. Additionally, plans are in place to enhance $RONIN's utility through various applications developed on the Ronin platform, promising expanded functionalities and user engagement within the ecosystem.
You can buy and trade $RONIN on Bitrue.
Pixels
Pixels is a crypto game that presents an immersive, open-ended world focused on farming and exploration, constructed pixel by pixel. Players engage in resource gathering, skill advancement, and relationship building, all while navigating the narrative and quests integrated into the Pixels Universe.
This experience offers a balanced mix of management, creation, and exploration, integrating blockchain ownership to reflect player progression and achievements. The game seamlessly combines gameplay mechanics with blockchain technology to enhance the user experience without overstating its influence.
Pixels has its own native token called $PIXEL, that serves as the native utility and governance token within the Pixels ecosystem, facilitating various functions:
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In-game Currency: Used for transactions, including future NFT mints, VIP Battle Pass purchases, joining social-fi features like Guilds, and buying premium in-game features.
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Governance: Intended for future use in governing a community treasury.
You can buy and trade $PIXEL on Bitrue.
Delysium
Delysium aims to create a vast virtual world on blockchain, envisioned to host 1 billion users alongside 100 billion AI Virtual Beings. These beings extend beyond mere digital avatars to include companions and Non-Player Characters (NPCs) capable of traversing a variety of environments, from games to communities and media platforms.
Delysium distinguishes itself as the first AAA-quality game powered by a decentralized publishing structure, a milestone underscored by its listing on the Epic Games Store. This ambitious project seeks to blend immersive gameplay with the expansive possibilities of blockchain technology.
Delysium has its own native token called $AGI. $AGI is integrated into the Delium gaming platform, offering rewards for ingame tasks and transactions, with plans for staking benefits.
You can buy and trade $AGI on Bitrue.
Heroes of Mavia
Heroes of Mavia is a free-to-play Web3 MMO Strategy game by Skrice Studios, set on the fantasy island of Mavia. Players construct bases, deploy defenses like walls and turrets, and attack rivals to earn resources like Gold, Oil, and Ruby. Ruby, gained from battles, upgrades Land, Statue, and Hero NFTs.
Heroes of Mavia has its own native token called $MAVIA. $MAVIA is the ecosystem and governance token of the game.
You can buy and trade $MAVIA on Bitrue.
The Future of Blockchain Gaming
As we embark on the bull run in 2024, an array of blockchain gaming projects are emerging and flourishing. Furthermore, the gaming industry's evolution is moving in tandem with technological advancements, suggesting that as blockchain technology advances and attracts more capital, the blockchain gaming sector is poised to experience parallel growth.
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