'Why GameFi Will Be Bigger Than Just Play-to-earn Gaming' futureofgaming megafansesports
. Last year, 49% of all blockchain transactions were related to GameFi, and GameFi startups attracted $4 billion in venture capital. Gamers still believe in blockchain’s ability to enhance gaming experiences.MetaKings Studio believes it has solved the GameFi implementation problem with its upcoming release of, a grand strategy MMO where players take control of a mighty hero and shape their own legacy.
The “gacha” genre is another example of how blockchain-style technology can benefit players. In gacha games, players trade in-game currency for randomized items of varying strengths and rarities. While players are encouraged to purchase in-game currency to improve their odds of getting powerful things, doing so is not required as in-game currency can be earned via gameplay.
In anticipation of its release, gamers from around the cryptoverse are betting on BLOCKLORDS setting an example for what GameFi can be. With its ultra-high-quality graphics and an expansive game world, BLOCKLORDS is poised to be GameFi’s first-ever AAA game. The GameFi space needs a successful release after recent upsets like Ubisoft’s release of Ubisoft Quartz, a failed system for players to collect “Digits”, or in-game NFTs characterized by unique serial numbers.
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