How blockchain gaming transformed the era of cryptocurrency

Blockchain gaming has made gaming a very lucrative way of making transactions.

Blockchain has transformed the world and it remains one of the most impressive method for crypto transactions.

If you are unfamiliar with the metaverse, the term is basically the name for the collection of digital services and worlds that are becoming increasingly interconnected and interoperable. It is an ambitious vision, and many traditional platforms struggle to offer true compatibility, meaning various grafted-on systems must be used.

Blockchain revolution in gaming is being called “GameFi.” GameFi encompasses the ideals that gamers shouldn’t just throw money away on in-game content, but instead invest their resources in assets that can appreciate in value and be resold on secondary markets.

Blockchain technology may appear to be shifting power towards the players, but it can also empower developers. Smart contracts allow developers to regulate their gaming economies by setting specific predefined conditions to control trading. This has the potential to control over-saturation of the in-game market and ensures trades are conducted fairly.