The surprising rise up of block chain base games in the Philippines

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3 years ago

Perhaps some of us are already aware of this topic or at least have an idea about the current and trending news about nonfungible token games such as axie infinity. These games are powered by or integrated with the same technology used in any cryptocurrency such as Ethereum and Bitcoin. Recently, the game Axie Infinity became trending because of the sudden lift up of the items, and digital axie’s prices in the market. According to a player from a news report two days ago, these kinds of games really help him financially and turn him from a “tambay” in to a financially capable man, he even manages to buy a new car and completed their appliances at home by just playing these non-fungible token games.

For your information:

Non-Fungible token is a digital asset which represents real world objects. As I mentioned above, these tokens are traded by means of any cryptocurrency, the reason behind this is because the technology used in creating nft’s are most likely the same as the creation of any other crypto’s. So, technically, because of this similarity, Nft games can be supported by a blockchain.

Block chain gaming

Ever since then, blockchain-based games have been coming off the production line with varying degrees of complexity and success. The first quarter of 2021 saw the advent of an upgrade in crypto gaming in the form of NFT games, which have made the shift from Play to Earn games to collectible games based on the Pay to Earn principle, as rare NFTs often fetch astronomical prices on the market.

Ever since then, blockchain-based games have been coming off the production line with varying degrees of complexity and success. The first quarter of 2021 saw the advent of an upgrade in crypto gaming in the form of NFT games, which have made the shift from Play to Earn games to collectible games based on the Pay to Earn principle, as rare NFTs often fetch astronomical prices on the market.

A Piece of advice:

Just like in cryptocurrency, you apply marketing strategies. If you are planning to buy nft’s so you could play these games like axie infinity, then you’re free to do so as long as you have your funds but, take note that axie infinity and other nft games are already been expose to the public hence the increasing demands for the items and what so ever in these games, the more the demands and the supply the more likely the price will not increase or decrease but if the supply reach its limit the price will rise drastically which exactly what happens to axie, however since it was already known by the public then  I guess you should find another nft games for as what I can see, axie infinity is in its maturity already hence its prices will fall down soon.

 

That’s all for my updates, opinions and suggestion. I hope you have a good day. Ciao!

Note:

This article is not proofreaded.  

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Avatar for Argent
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