Bitcoin is triggering the waves of a huge paradigm shift with massive changes across many industries. It is no longer news that Bitcoin is changing the payments market by offering a cheaper and faster means of paying for goods and services. Bitcoin also has huge potentials to change the global economic landscape. Now, Bitcoin is precipitating another wave on change in the world of gaming by introducing new gaming concepts. This article provides a synopsis into the emerging trends of blockchain gaming.
What is blockchain gaming?
Blockchain gaming is a genre of gaming that involves the creation and use of items that you can trade on public blockchain systems. Blockchain gaming often involve the use of cryptocurrencies such as Bitcoin in the gaming economy. The main distinctive feature that sets blockchain gaming apart from other type of gaming trends is that the blockchain technology makes it easy for gamers to own their gaming economies.
If you are an avid gamer, you’ll have had the regular misfortune of hitting a large jackpot in a game when you complete a level, break through some barriers, or when you employ some ingenious problem-solving skills. However, it is practically impossible to convert your jackpot or wins into tangible real-life items. Hence, you success in gaming is often stuck in the game and you’ll only have bragging rights if have people who understand the game around you. Blockchain gaming allows gamers to access their wins and jackpot by using cryptocurrencies such as Bitcoin in the game economy or as a part of the game’s storyline.
Beyond The Void breaks out into blockchain gaming with Nexium
If you love playing real-time strategy RTS- Multiplayer Online Battle Arena (MOBA) games, you could start gearing up for some serious fun as Beyond The Void prepares to debut the first RTS-MOBA backed by blockchain technology. The game which will be launched the “Money2020” event in Las Vegas this week will combine a blockchain-based Initial Coin Offering (ICO) with a blockchain-token economy.
However, the currency of the game won’t be the already popular Bitcoin but a brand new cryptocurrency called Nexium. Beyond The Void is reportedly working with OpenLedger to launch the game as part of OpenLedger’s mission to propel the most interesting blockchain startups into the limelight. The new blockchain game is designed to reward both the developers and the gamer in what is being touted as the “next-generation gaming culture”.
More interesting is the fact that Beyond The Void blockchain technology wants to mine Nexium with games in the same way that people mine Bitcoin by solving hashes. Nexium will be burned over time in the game and the value of the Nexium will increase comparatively. More so, the value of Nexium has the potential to grow as the number of players in the game grows.
The Nexium ICO
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