![]() Let's get started with NFTs as many of you are currently patiently waiting! NFTsĪs you may know, every NFT "series" in Chainmonsters is handled as a "season". We promised a huge update - here it is! Beta, NFTs and everything to know about the state of the game! Do not even dare skipping this update as the second half contains the most beautiful looking screenshots and gameplay elements you have ever seen in Chainmonsters! If you are in this space and interested in sharing please get in touch with me via LinkedIn.Huge visual improvements, all NFTs are minted, new schedule and Flow Fest 2021! I’m very keen to learn and meet new minds from this world. Blockchain solutions like Solana are helping solve the scalability problem of earlier blockchains like Bitcoin and Etherum. Many longtime blockchain enthusiasts claim that it is unavoidable that the gaming industry will eventually move to blockchain technology, just like how it moved to cloud computing technology to create multiplayer worlds and metaverses years ago. Dapper labs of Cryptokitties & NBA Topshot fame are working with B-side Games to launch a new game Chainmonsters, a MMORPG cross playable on PC, iOS and Android. Some development studios are already thinking ahead and ensuring that their blockchain games are accessible to all gamers to play with no upfront costs. It is not unthinkable that these restrictions could be extended beyond the token sales and to include some of the play-to-earn games as well. ![]() There are already government discussions on possible regulation, and some of the tech platforms are already restricting advertising on crypto related products such as TikTok and YouTube, following the pump-and-dump debacle of ICOs a few years ago. Of course these investments are very speculative and carry a high amount of risk. There are many examples on YouTube on how to find an NFT project early. This is attractive for those who want to have a stake in the game currency prelaunch. Most blockchain game developers start by doing presales in the form of token sales for yet to be released games to attract people to invest early in the game, with the hope that token prices will rise up. For now, everyone seems to be excited about it. Is this scholarship structure similar to how ridesharing companies like Uber and Grab arrange new car leases with third parties for their drivers who don’t own cars? Or is it more like a community bank that invests in the local economy? No one has done an economic study because this space is so new. On the other hand, the question of creating an underclass of gamers comes up. ![]() On one hand, it provides an affordable entry point for new gamers to get involved by not having to amass starting capital to buy Axies, while retaining a majority of the in-game revenue earned, paying a commission to managers like YGG. These scholarships have immediate pros and cons. As this would be out of the range of most people, companies like Yield Guild Games (YGG) have stepped in to provide a service of scholarships to new players wanting to enter the game. Games like Axie Infinity have become so expensive to start that as of today, a new player would need to invest US$2000 to get started just to play. The fact that play-to-earn games are interlinked with NFTs, cryptocurrencies and asset speculation places the whole category in a grey area and stirs open a lot of debate. Regardless of how good they look, the test for these games will always be: If this game wasn’t a play-to-earn game, would it still be fun to play? Illuvium is an example of a blockchain game that inspires to be a AAA game. The next stage of blockchain gaming will be focusing more on gameplay and game graphics. We are still early in the development of blockchain games and the play-to-earn concept is yet to be proven to be sustainable.
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