NFTs Will Be The Future of Gaming?

5 December. 2021

Metaverses are largely considered to be the future of the internet, and the closest game to a metaverse we have in 2021 is arguably a title like Fortnite.

Fortnite has hosted virtual concerts to the millions of audiences in real-time events in the game. Other platforms like Realm and Star Atlas are trying to do the same and to replicate this feature on the block-chain.

NFTs (non-fungible tokens) are making a comeback; since they allow blockchain innovators to create unique and peculiar digital assets. As a result, gamers can collect in-game assets that are securely stored on a blockchain.

With the esports industry estimated to be around 1 Billion $, and some expected it to go beyond and reach 6 billion$ over the next 6 years. This is expected as the industry is currently having the potential and the evolution.

Also, with the world shifting focus to the Metaverses and Web 3.0, the crypto platforms will try to join and get on board with that. Last but not least, the streamer and YouTuber PewDiePie, recently supported the blockchain-based augmented reality game Wallem. In Wallem, NFTs are used to buy skins and other items in the game, while Ethereum-based tokens are used to reward players.