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Showing posts from September, 2021

What is web 2.0

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Revolution of NFTs in Gaming Sector

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Non-fungible tokens aim to transform the online gaming industry into a more equitable, truly  decentralized gameplay. NFTs, bring in immutability, provable scarcity, player ownership, and  interoperability in online gaming. Blockchain enabled-games are decentralized applications that  generate value for players. In these games, players can capture the utility and value of assets through  in-game purchases, regular gameplay, or promotional events. For example, in the traditional game, if the player purchases an armor upgrade, he/she will experience improvised gameplay within that game. But, in the games that use Non-fungible tokens , the same armor can be tokenized and used as transferable assets to enjoy the benefits in interconnected games or can be exchanged for money or any other digital assets. NFTs can be generated and deployed in multiple gaming environments with the help of the underlying blockchain network. Blockchain-enabled games are able to expand gam...