The battle of the gaming industry has a winner and It's NFTs
Tokens as an investment asset
Non Fungible tokens are yet a technology far from mainstream, some still don’t understand how a jpeg or a simplest digital archive can be valued as millions.
We see a major turn in business and ownership these days. We see the transformation starting in the gaming industry that just imploded by recent news.
NFT Games are the new trend in Crypto space. Think of this game as a card game but with animations. So you can buy your cards that you are going to play. Every card has its own skills and powers. When you’re gonna play, your card is going to battle with the other card, matching strengths and weaknesses in order to know who is going to win that battle.
It ‘s that simple.
When you keep playing, your cards are getting a high value, accumulating points from the battle and experience on the field. The card has a real value attached because you bought it in the first place on the decentralized marketplace with your own cryptocurrency, and made that card more valuable playing battles, and so… of course you can sell them on the market as well. But that is not enough, you can procreate your own with breeding new characters (or cards), you can have a proper space where you can breed them and grow your own…that’s when the economy starts.
Since you can breed, you’re gonna need a plot of land to grow your cattle of cards (or monsters/heroes/ninjas/fighters… it depends on the theme of the game). And now you are a farmer. You own assets that can be bred, handled and you can play with them or you can just sell them for a specific cryptocurrency .
Thinking that we are living in a society that is evolving and the virtual world is gaining more and more attention in the mainstream… thinking that I can use cryptocurrency to buy things that have intrinsic value attached with them…Thinking that I can trade with this cryptocurrency and when I want it, I can transform this in a "real" currency… It's an investment asset.
Axie Infinity, one of the biggest player on the play-to-earn market, It’s a world of Itself. That you can see on the illustration. They have their own world with their own currencies, races, groups, communities and roles.
Described for Andrew Tu as, an online game, developed by Sky Mavis, headquartered in Vietnam and Singapore, is described as a cross between CryptoKittes and Pokemon. It’s a strategy and adventure game launched in February 2018, inspired by the success of CryptoKittes. In the game, players train cute and fierce beasts named Axies. The Axies compete with other beasts and win crypto-tokens for winning battles.
Axie infinity is the first huge hit, that can be historical for the whole gaming community.
NFT gaming is a new born sub group inside the gaming market, which by the way is collapsing with this new technology that is changing the whole ownership and financial model. Selling copies of a game, where the player is just a sheep streaming money inside the game, is a thing of the past. Now you can own your assets inside the game, and literally make money on them, making the game ecosystem an economy itself and not just a playable software.
At this exact market moment, you’re gonna see a break pattern, when the game studios don’t know how to handle this sudden shift on the most important thing for a game studio now, which is their financial mode of making money.
You are going to see this type of news.
If you look closer, you gonna see a evolution of this news here
When Apple abns Fortnite of making theiur own sell, they are talking about ownership as well.
What I want you to notice is, the market is evolving, the gaming market is getting bigger and mature, and now they want freedom to grow their own, and not be just a sheep. Crypto culture is around the same moviment. Crypto is about being against dictatorship, being free and being yourself.
That’s why NFT Games are going to win this battle. They are the counterculture that speaks with the generation that is behind the moviment, that spends money in a totally different way and cares for a totally different set of values of thinking about property.
The gaming industry can choose their path. They can market stands, and fight for their business model and ignore the NFT market and consumers, or they can let them be, and shift the whole way of thinking business and be part of a future and inevitable market.
