Traditional gaming is a lot of fun, but it’s not rewarding and there’s no real incentive for the players. The need for incentivising players to play games gave birth to the concept of blockchain gaming.
The world of blockchain gaming blends two groundbreaking technologies: blockchain and video games. The inclusion of Blockchain’s decentralized ledger system in video gaming enables players to truly own their in-game items and get fairly rewarded for their efforts. This has made it possible for gaming to be perceived as a potential source of income for players.
Non-fungible tokens (NFTs) and blockchain-based gaming platforms are allowing players to buy, sell and trade in-game assets. In this article, we will learn about one such innovative blockchain-powered gaming platform called ReXXverse.
Challenges and limitations in traditional gaming
The traditional gaming industry struggles with various challenges and limitations. One of these issues is the inability of players to truly own their in-game assets.
Moreover, these games offer practically zero earning potential for players due to their centralized nature. These are coupled with high charges, fraud, and counterfeit problems. Game developers have too much control, which limits fairness and transparency in the game.
The concept of true ownership of in-game assets
The idea of true ownership of in-game assets isn’t new. As of yet, video game players only have temporary rights to in-game items, like their virtual avatars, weapons, virtual real estate, etc., which means they do not actually own them.
Thanks to blockchain technology, things are changing now, with players becoming actual owners of their in-game assets. This means they can buy and truly own in-game items as well as sell or trade them with high security and transparency in payments.
It allows players to actually make an income from their gaming skills, as they can earn more depending on how good they are at a game.
ReXXverse – A pioneering blockchain gaming ecosystem
ReXXverse is a blockchain-powered gaming platform that provides an immersive 3D gaming experience with the security and transparency of blockchain technology. It was created as a part of the Rexx ecosystem, which is a comprehensive, secure, and user-friendly blockchain ecosystem.
ReXXverse uses blockchain technology to enable players on its platform to truly own the in-game assets they buy or win when playing games. Players can seamlessly trade and monetize their in-game assets with high security and transparency.
Thanks to blockchain’s decentralized mechanisms, ReXXverse offers an equal and open gaming environment for players to get fairly rewarded for their skills and contributions.
Features and benefits of ReXXverse for both gamers and developers
- Owning in-game assets: Own your in-game assets like virtual real estate, skins, and weapons.
- Trade & Monetize: Sell your virtual gaming assets and earn money with guaranteed fair payments.
- High Transparency: Full transparency thanks to blockchain with a very low probability of fraud.
- High Security: Your virtual assets are well protected in the blockchain and safe from potential threats.
- Transfer Assets: Securely manage or even transfer your in-game assets to other players for good Karma.
- Making games more interesting and increasing user interest by offering the opportunity to monetize through play-to-earn models.
- Increased adoption, as more players would want to embrace blockchain gaming.
- Bringing transparency in online gaming and reducing fraud.
- Making games accessible to everyone beyond boundaries and all over the world.
Conclusion: Future prospects of blockchain gaming and ReXXverse’s role in it
The future of blockchain gaming looks incredibly bright and ReXXverse will play a major role in this revolution. We aim to expand the global adoption of blockchain gaming through our innovative platform by offering asset ownership and various other perks to players.
Moreover, the platform offers new & exciting gaming experiences and features like play-to-earn models, metaverses, etc. to make games more interesting for players. The inclusion of blockchain technology with online gaming will ensure accessibility to everyone in every corner of the world and boost transparency, security and innovation in the gaming space.