Why did the game turn to blockchain

oykuozsar@newsletter.paragraph.com (OykuOzsar) — Wed, 24 Nov 2021 14:18:46 GMT

Today's games take place on a closed data network, which means that users can't own the assets in the game (skin, avatar, ability, etc.). The platform owns them. Axie Infinity is destroying the first mock exam because users have their own assets on Axie, such as NFT, and can sell these tokens in the free market / game economy to make profits. The following is the revenue of axie infinity users since May this year:

Chain information ｜ blockchain based game economy will become five reasons in the future

Axie infinity total revenue. Source: token terminal

The annual revenue of each token terminal is shaken out to $2.7 billion for this open and unlicensed paid blockchain game. Important: blockchain technology is a tool for users to own in-game assets. This is not possible in the technology used today.

Blockchain allows games to be formed economically and organically. Users can pay to play games. Again, axie infinity directs the charge here. Axie users invest in axie NFT and AXS native tokens to start the game. From there, they can play / compete to obtain SLP tokens, because the obtained tokens can be exchanged for other encrypted assets or Fiat, etc. Many users in Philippines can earn several times their normal monthly salary by playing Axie Infinity, which is all very cool during the economic difficulties brought by COVID-19 -19. Let me ask you: if you could get paid for playing games on the blockchain instead of playing games on non blockchain games, which would you choose? As Charlie Munger said, "let me look at the incentives and I'll tell you the results."