Gamers have long been accustomed to buying in-game items and accessories through microtransactions. NFTs are the next generation of microtransactions in gaming, giving gamers even more options. They can buy, sell assets, or earn a percentage of resale value. NFT platforms can inspire fans of franchises to create unofficial assets with NFTs, such as fan art and side projects.

NFT tokens provide unique access to cryptocurrency

The proliferation of NFTs gives users insight into blockchain and cryptocurrencies. According to Alexander Leonard Larsen, one of the creators of the NFT game Axie Infinity, half of its audience had never traded cryptocurrency before they started using the “play to earn” model. Players can read how to create an NFT token and how to make money with NFT tokens. Find your rhythm of play to reap as many benefits as possible.

NFTs have interoperability

The main idea behind NFTs is interoperability. NFT tokens in the “local” player blockchain within one franchise allow exclusive in-game assets to be added to subsequent releases. This is also true for NFT games on the iPhone. By the way, if you’re thinking of streaming such games online, read about who Streamsnippers are.

Collectibles with NFT

Video game publishers are working to create NFT collectibles. Longtime fans of the franchise will be able to invest in rare artifacts. These can be multimedia objects or physical things like paintings or figurines. Check out the top games with beautiful graphics to get a perspective.

You can create NFTs yourself

The Opensea platform (founding date 20.12.2017) allows you to create and trade NFT tokens. To register, use the nickname generator for games in English. You can install NFT games on your phone or use your computer and distribute the NFTs you create in any way you want.

The post 5 interesting facts appeared first on Adroverse.

1. Illuvium

Genre: Open-World RPG / Auto Battler
Blockchain: Ethereum (Layer 2 via Immutable X)

Why It’s Exciting:
Illuvium is often called the “Pokémon of blockchain gaming.” Players explore a stunning open world, capturing creatures called Illuvials, which are NFTs. These creatures can be used in battles or traded in the marketplace. The game combines exploration, strategy, and economic incentives.

Key Features:

• AAA-level graphics and immersive environments.
• A dual gameplay mode: open-world exploration and auto-battler combat.
• True asset ownership through Illuvial NFTs.

Release Date: Expected in 2024.

2. Star Atlas

Genre: Space Exploration / Strategy MMO
Blockchain: Solana

Why It’s Exciting:
Star Atlas promises an expansive universe where players can explore, trade, and battle across galaxies. Combining blockchain technology with Unreal Engine 5, the game offers a visually stunning experience. Players can own starships, planets, and other in-game assets as NFTs.

Key Features:

• Massive multiplayer online gameplay with a focus on strategy and resource management.
• A thriving player-driven economy.
• Advanced graphics and mechanics thanks to Unreal Engine 5.

Release Date: Early access in 2024.

3. Shrapnel

Genre: First-Person Shooter (FPS)
Blockchain: Avalanche

Why It’s Exciting:
Shrapnel is a blockchain-based FPS game that focuses on fast-paced combat and player creativity. Players can design, trade, and use custom weapons and gear, all of which are NFTs. The game is geared toward competitive and creative gamers alike.

Key Features:

• Customizable in-game assets, allowing players to create and monetize their designs.
• Competitive gameplay with community-driven maps and modes.
• Strong focus on user-generated content and esports.

Release Date: Beta in 2024.

4. My Neighbor Alice

Genre: Farming / Social Simulation
Blockchain: Chromia

Why It’s Exciting:
My Neighbor Alice offers a relaxing, community-driven gaming experience where players can build their virtual farms, trade items, and interact with others. The game’s aesthetic and mechanics appeal to fans of titles like Animal Crossing and Stardew Valley.

Key Features:

• Player-owned plots of land and assets as NFTs.
• A user-friendly interface designed for gamers with little blockchain knowledge.
• Social interactions and cooperative gameplay.

Release Date: Official launch in 2024.

5. Guild of Guardians

Genre: Action RPG
Blockchain: Ethereum (Layer 2 via Immutable X)

Why It’s Exciting:
Guild of Guardians is a mobile action RPG that emphasizes cooperative gameplay and team building. Players can form guilds, battle dungeons, and earn tradable NFT rewards. The game’s accessibility and focus on mobile platforms make it highly anticipated.

Key Features:

• Free-to-play model with optional NFT purchases.
• Cooperative guild-based gameplay.
• Tradable heroes and equipment as NFTs.

Release Date: Beta expected in 2024.

6. Phantom Galaxies

Genre: Mecha Combat RPG
Blockchain: Polygon

Why It’s Exciting:
Phantom Galaxies combines high-octane mecha combat with blockchain-powered economies. Players can pilot customizable mechs, engage in space battles, and own in-game assets like starships and weapons. The game offers a mix of narrative-driven missions and PvP action.

Key Features:

• Mecha NFTs with customizable attributes.
• Engaging storylines and dynamic space combat.
• Integration with traditional gaming mechanics to attract a wider audience.

Release Date: Full release planned for late 2024.

7. Otherside by Yuga Labs

Genre: Metaverse MMORPG
Blockchain: Ethereum

Why It’s Exciting:
Created by Yuga Labs, the team behind Bored Ape Yacht Club, Otherside is a highly ambitious metaverse project. Players can explore a massive, interconnected virtual world, own land, and participate in community-driven events. The game integrates NFTs from multiple collections, creating a cross-IP experience.

Key Features:

• Land parcels as NFTs, offering unique gameplay opportunities.
• Cross-collection NFT integration, including Bored Apes and other Yuga Labs projects.
• Community-focused development with an emphasis on player creativity.

Release Date: Open beta in 2024.

8. Big Time

Genre: Action RPG / MMORPG
Blockchain: Ethereum

Why It’s Exciting:
Big Time blends fast-paced action RPG mechanics with MMO elements. Players can collect NFTs in the form of gear, weapons, and cosmetics while exploring various timelines and battling enemies. The game’s focus on fun and accessibility sets it apart from other blockchain titles.

Key Features:

• Time-travel-themed gameplay with diverse environments.
• A player-owned economy with rare NFT drops.
• Cross-platform play for wider accessibility.

Release Date: Early access ongoing; full release in 2024.

9. The Beacon

Genre: Action / Social Adventure
Blockchain: Arbitrum

Why It’s Exciting:
The Beacon combines dungeon crawling with social interactions in a vibrant, stylized world. Players can earn NFT rewards by completing challenges, decorating their in-game homes, and participating in community events.

Key Features:

• A mix of action-based gameplay and social simulation.
• Frequent in-game events and updates to keep players engaged.
• Low transaction fees thanks to the Arbitrum blockchain.

Release Date: Full release expected in late 2024.

10. MetaSoccer

Genre: Sports Management Simulator
Blockchain: Polygon

Why It’s Exciting:
MetaSoccer offers a blockchain-based twist on sports management games. Players can create and manage soccer teams, scout and train players, and compete in tournaments. Every player and piece of equipment is an NFT, adding depth to the game’s economy.

Key Features:

• A full soccer management experience with NFT integration.
• Play-to-earn mechanics through matches and tournaments.
• Opportunities for player and team customization.

Release Date: Ongoing development with new features in 2024.

The next wave of blockchain games promises to deliver high-quality gameplay experiences while leveraging the unique benefits of decentralized technology. From massive open worlds to competitive esports ecosystems, these titles showcase the growing potential of blockchain gaming to rival traditional gaming.

As these projects reach completion, they are set to redefine the way players interact with in-game assets, economies, and communities. Whether you’re a casual gamer or a blockchain enthusiast, there’s something in this lineup to look forward to in 2024 and beyond.

The post The Most Anticipated Blockchain Games appeared first on Adroverse.

1. Understanding In-Game Items

Before diving into creation, it’s important to understand the types of in-game items:

• Cosmetic Items: Skins, outfits, or decorations that don’t affect gameplay but enhance aesthetics.
• Functional Items: Weapons, tools, or power-ups that impact gameplay.
• Collectibles: Rare or limited-edition items, often sought after by players for their exclusivity.
• Tokenized Items (NFTs): Blockchain-based items that provide proof of ownership and can be traded or sold outside the game.

2. Creating In-Game Items

Step 1: Conceptualize Your Item

• Define its purpose: Decide if your item will be cosmetic, functional, or collectible.
• Align with the game’s theme: Your design should match the game’s visual style and lore.
• Consider rarity: Items can be common, rare, or legendary, affecting their value and appeal.

Step 2: Design the Item

• Use tools like Photoshop, Blender, or Maya to create 2D or 3D models.
• Focus on details such as textures, colors, and animations to make the item visually appealing.
• If creating for a blockchain game, ensure the design meets the platform’s technical specifications (e.g., file size, compatibility).

Step 3: Assign Attributes (If Functional)

• Define stats or abilities if the item impacts gameplay, such as damage levels, speed boosts, or durability.
• Balance the item to avoid overpowered designs that could disrupt gameplay fairness.

Step 4: Test the Item

• Integrate the item into the game and test it for functionality, visual quality, and performance.
• Gather feedback from beta testers or the community to refine the design.

3. Selling In-Game Items in Traditional Games

Option 1: Sell in In-Game Marketplaces

• Many games, such as Fortnite or CS:GO, have built-in marketplaces where players can buy or sell items.
• Process:
  1. Upload your item to the game’s creation platform (if available).
  2. Set a price based on item rarity and demand.

Option 2: Use External Marketplaces

• Platforms like Steam Marketplace allow trading and selling of items outside the game.
• Ensure you comply with the game’s terms of service when using third-party platforms.

Option 3: Partner with Developers

• If you’re a designer, collaborate with game developers to introduce your creations as official content.
• Many games run programs (e.g., Roblox Creator Marketplace) where community-made items are sold to players.

4. Selling Blockchain-Based In-Game Items

Blockchain technology enables true ownership and the ability to sell items outside the game environment.

Step 1: Tokenize Your Item

• Convert your item into an NFT using a platform like OpenSea, Rarible, or the game’s own NFT marketplace.
• Minting: Upload your item’s design, set metadata (e.g., name, rarity, attributes), and pay a small fee to mint it as an NFT.

Step 2: List on a Marketplace

• Choose a blockchain-based marketplace such as OpenSea, Blur, or game-specific platforms like Axie Marketplace.
• Add details like price, auction duration, and item description.

Step 3: Promote Your Item

• Use social media, Discord communities, or forums to generate interest in your item.
• Highlight its unique features, rarity, and in-game benefits to attract buyers.

5. Tips for Success

For Designers

• Stay creative: Unique and visually striking designs are more likely to sell.
• Understand the audience: Design items that resonate with the game’s community.

For Sellers

• Price wisely: Research market trends to price your items competitively.
• Build trust: Establish a reputation as a reliable seller by delivering high-quality items and engaging with the community.

For Blockchain Creators

• Choose the right blockchain: Platforms like Ethereum, Solana, or Polygon vary in fees and compatibility.
• Leverage rarity: Limited-edition or exclusive items often command higher prices.

6. Challenges and Ethical Considerations

Challenges

• High competition: Popular games often have saturated markets.
• Technical expertise: Creating high-quality designs requires skill in graphic design and 3D modeling.
• Blockchain fees: Minting NFTs can be expensive on some networks, especially during peak demand.

Ethical Considerations

• Avoid creating items that give unfair advantages (pay-to-win models).
• Be transparent about the value and functionality of items.
• Respect intellectual property rights when creating items inspired by existing games or franchises.

7. Future of In-Game Item Creation and Sales

As gaming evolves, the demand for unique in-game items will only grow. Technologies like blockchain and the metaverse are likely to further transform how items are created, owned, and sold. Players and creators who embrace these innovations early can position themselves at the forefront of this exciting trend.

Creating and selling in-game items offers a rewarding mix of creativity and commerce. Whether working in traditional gaming ecosystems or leveraging blockchain technology, success depends on understanding your audience, mastering design tools, and staying ahead of market trends.

With the right skills and strategies, you can turn your passion for gaming into a profitable venture, all while contributing to the vibrant worlds players love to explore.

The post How to Create and Sell In-Game Items appeared first on Adroverse.

In this article, we’ll explore some of the top blockchain esports tournaments, showcasing how they are reshaping the competitive gaming landscape.

1. Axie Infinity World Championship

Game: Axie Infinity
Why It’s Popular:

• Axie Infinity, one of the pioneers of blockchain gaming, has established itself as a leader in the P2E space. Its tournaments bring together skilled players who battle with their Axie teams to win significant rewards.
• Prize pools are funded through a combination of community contributions and in-game economics.

Notable Features:

• The championship highlights both strategy and team-building skills.
• Winners earn Smooth Love Potion (SLP) tokens, governance tokens (AXS), and rare NFTs.

Key Takeaway:
Axie Infinity tournaments have elevated blockchain gaming to global prominence by combining esports with real-world economic incentives.

2. Gods Unchained World Championship

Game: Gods Unchained
Why It’s Popular:

• Gods Unchained is a blockchain-based trading card game that emphasizes skill over luck, making it ideal for esports.
• Its tournaments attract professional players who compete using NFT cards, each with unique attributes.

Notable Features:

• Matches are highly strategic, requiring deep knowledge of card combinations and tactics.
• Players can trade their NFT cards, adding an extra layer of strategy and value to their collections.

Key Takeaway:
The competitive scene of Gods Unchained merges traditional TCG esports with blockchain technology, offering players both prestige and asset ownership.

3. The Sandbox Game Jams

Game: The Sandbox
Why It’s Popular:

• Unlike traditional esports, The Sandbox focuses on creativity and innovation. Its Game Jams challenge participants to design and build unique experiences using the platform’s tools.
• Winners earn prizes in SAND tokens and have their creations featured in the broader Sandbox metaverse.

Notable Features:

• Combines competitive spirit with artistic expression.
• Encourages community participation and highlights the potential of user-generated content.

Key Takeaway:
The Sandbox demonstrates that esports isn’t just about battling—it’s also about creating and innovating within virtual worlds.

4. Zed Run Digital Horse Racing Tournaments

Game: Zed Run
Why It’s Popular:

• Zed Run transforms traditional horse racing into a blockchain-based esport where players breed, own, and race digital horses.
• The platform has gained popularity for its blend of strategy, gambling, and collectible NFTs.

Notable Features:

• Each digital horse is an NFT with unique traits affecting its performance.
• Prize pools are often substantial, supported by entry fees and sponsorships.

Key Takeaway:
Zed Run offers a unique take on esports by gamifying virtual horse racing with blockchain technology.

5. Illuvium Esports Tournaments

Game: Illuvium
Why It’s Popular:

• Illuvium is a blockchain-based auto-battler game where players compete using teams of collectible creatures called Illuvials.
• Its stunning graphics and competitive gameplay have made it a favorite in the blockchain gaming community.

Notable Features:

• Illuvials are NFTs, and their rarity affects their strength and value.
• The game combines strategy and resource management, appealing to competitive players.

Key Takeaway:
Illuvium tournaments showcase the potential of blockchain gaming to rival traditional esports in complexity and production quality.

6. Splinterlands Tournaments

Game: Splinterlands
Why It’s Popular:

• Splinterlands is a blockchain-based card game with a thriving competitive scene. Its regular tournaments attract players worldwide, offering substantial rewards.
• Matches are fast-paced, and players need to adapt their strategies based on randomly generated conditions.

Notable Features:

• Prize pools often include DEC tokens and rare cards.
• The game emphasizes accessibility, allowing players to rent cards for tournaments.

Key Takeaway:
Splinterlands has built a sustainable esports ecosystem by balancing accessibility with competitive depth.

7. Myria’s Esports Initiatives

Game: Multiple Titles
Why It’s Popular:

• Myria is a blockchain gaming platform that hosts tournaments across various titles built on its ecosystem.
• The platform’s focus on interoperability and low-cost transactions makes it appealing to both players and developers.

Notable Features:

• Myria tournaments often feature substantial prize pools in tokens and NFTs.
• Events bring together a diverse array of games, fostering a unified esports community.

Key Takeaway:
Myria’s approach to blockchain esports emphasizes ecosystem growth and cross-game compatibility.

Why Blockchain Esports Are Unique

1. True Asset Ownership

• Players own their in-game items as NFTs, which can be traded or sold outside the game.
• This creates a real economic stake in the tournaments.

2. Transparent Prize Pools

• Blockchain technology ensures that prize distribution is transparent and immutable, building trust among participants.

3. Community-Driven Models

• Many blockchain esports ecosystems involve the community in decision-making, such as voting on tournament rules or prize structures.

4. Innovative Game Mechanics

• Blockchain games often introduce new mechanics, such as play-to-earn or asset interoperability, that enhance competitive play.

Challenges Facing Blockchain Esports

While blockchain esports offer many advantages, they face challenges such as:

• Scalability Issues: High transaction fees and slow processing times can hinder participation.
• Perception Problems: Some players and organizations remain skeptical about the legitimacy and sustainability of blockchain gaming.
• Accessibility: The high cost of entry in some games (e.g., purchasing NFTs) can limit participation.

Blockchain esports are carving a niche in the competitive gaming world by offering unique opportunities for players to own, earn, and compete on a decentralized stage. While the industry is still evolving, tournaments like those in Axie Infinity, Gods Unchained, and The Sandbox demonstrate the potential of blockchain technology to revolutionize esports.

As technology matures and adoption grows, blockchain-based tournaments are poised to become a significant part of the global esports ecosystem, blending traditional competitive gaming with the power of decentralized ownership and innovation.

The post Top Esports Tournaments in Blockchain Gaming appeared first on Adroverse.

However, not all crypto games are blockchain games. A blockchain game is one in which some or all of the gameplay takes place directly on the blockchain. In other words, game inputs or actions in a blockchain game look like transactions broadcast by players to the network. In a “real” blockchain game, 100% of the game is stored on the blockchain.

It is difficult to pinpoint exactly what the very first case of cryptocurrency gaming represents. Discussions on Bitcointalk forums back in 2011 show that indie developers interested in Bitcoin have been active from the beginning. However, many of the ideas and games proposed were never realized, aside from discussion on the forums.

Blockchain and Minecraft. The infinitely modifiable sandbox game hosted specialized servers that enabled Bitcoin back in late 2012. Developers created open-source plugins that allowed in-game avatars to support Bitcoin wallets, and several independent server owners built customized servers based on this feature.

The first documented Bitcoin Minecraft server is MinecraftCC. Players received weekly payments in bitcoins for each action on the server. Administrators found creative ways to fund the payouts, such as through paid advertisements auctioned on Bitcointalk forums. By 2016, however, the program became unsustainable and bitcoin revenue was eliminated. The server is still active to this day, but the role of the cryptocurrency is still unclear. There are now many Minecraft-style games available. For example, the virtual world SANDBox with the game token SAND.

In 2014, crypto-enthusiasts created a Huntercoin experiment game. This experiment was designed for 1 year to see clearly how the blockchain could handle game worlds. The game was the first decentralized strategy MMO. The gameplay revolves around collecting coins on the map and PvP. Opensource cryptocurrency, similar to bitcoin, is displayed in users’ wallets. Many people liked this game, but it didn’t get much popularity due to the fact that in those days few, if any, people even knew about blockchain and cryptocurrencies.

On May 20, 2014, shortly after the launch of Huntercoin, Motocoin was launched with an innovative “proof-of-play” consensus mechanism. As with Huntercoin, users connected to the Motocoin game as nodes on the network. Unlike Huntercoin, the Motocoin gameplay itself was a consensus and block minting mechanism.

The breakthrough came a few years later when such games introduced NFT tokens, interchangeable assets that launched a succession of collectibles games. The interchangeability of blockchain data and the transparency of smart contracts allow game developers to better guarantee ownership of virtual assets, enable asset reuse, and encourage user-generated content.

In 2017, the CryptoKitties game on Ethereum appeared. It was based on the concept of collecting unique ERC-721 kitties tokens. Players have only two choices – breed kittens or trade them. “Cryptocotics” became a real sensation despite the limited gameplay. The hype lasted for quite some time and some of the creatures were sold for over $100,000 USD. CryptoKitties was the first blockchain game in the history of blockchain gaming that allowed players to own knowingly scarce items. Users appreciated the opportunity to play and profit. In fact, the game became so popular that it caused problems on the Ethereum network.

Best of all, CryptoKitties is now part of the larger “KittyVerse,” a collection of more than two dozen DApps created by independent developers who use ERC-721 kittens as resources for these individual games.

The CryptoKitties story was the starting point for the development of games on the blockchain. Players were able to truly gain ownership of their characters, clothing, weapons, and other game paraphernalia forever.

One might question the real value of these games. After all, the whole idea revolves around collecting items and reselling them at a higher price. But as primitive as these games may seem, they have laid the groundwork for more interesting uses of blockchain technology.

The post Where it all started and why the HYIP again appeared first on Adroverse.

Recently, mini-games such as Not and Hamster on Telegram have become extremely popular. Through simple on-screen interactions, players can earn tokens. This simplicity has led to a viral growth of the community, reaching millions of users in a short period. Since its launch in January 2024, Not has attracted over 30 million members, with daily active users reaching 5 million. In line with this, Notcoin successfully conducted an ICO on several exchanges, including Binance, with a price increase of over 400% within a week.

However, these games are built on Telegram and can only be classified as mini-games. They do not have a comprehensive financial system and have shortcomings in terms of IP and playability. Their popularity is largely supported by the concept of “fair play”. Unlike similar WeChat mini-games, Telegram mini-games are not limited by platform restrictions, and their advantages can be seen as an extension from Web2 to Web3.

Rethinking GameFi

Diverse forms of gaming, but the market is like the blue sea

2023 and 2024 have been a period of rapid development for the GameFi sector, with game types now spanning farming/mining games, card games, motion games for earning money, MMORPGs, metaverse games, and automated battles.

On DappRadar, the most popular GameFi game in terms of active users (UAW) is Matr1x, an MMORPG. It had 1.92 million active users in the last 30 days, but its market cap is only $49 million. Currently, the market focus is mainly on fundamental areas such as Layer1 and Layer2, while GameFi is leaning towards technology integration. With the gaps in the fundamental areas, there remains the possibility of a secondary explosion in GameFi.

Full-chain games

Full-chain games work with all game logic, data, and assets running and stored on the blockchain. In the GameFi 1.0 and 2.0 era, most games only had their assets or some logic on the network. Full-chain games emphasize full decentralization and transparency, effectively avoiding problems such as game cheats. Autonomous Worlds can be seen as the main example of full-chain games, where the entire virtual world is built on blockchain technology, making rules and operations auditable. The future goal of GameFi is undoubtedly the full chain of games.

GameFi+

In the current market, individual GameFi projects are trying to gain popularity, and integration with artificial intelligence, IoT, and other technologies can be a breakthrough. A series of GameFi+AI projects, such as Colony, Nimnetwork, Futureverse, Palio, and Ultiverse, are achieving significant success. For example, Palio has raised $15 million in investment from Binance Labs to develop and integrate artificial intelligence technology, which underscores the strong interest and approval from large venture capitalists for GameFi+AI projects. In addition, the combination of GameFi with IoT, cloud computing, and other hot technologies is another way forward.

From a technical, IP and game perspective

The Pokémon-inspired game Axie Infinity and the migration of The Sandbox blockchain from Sand and Sand Evolution show the great development potential of traditional IP on the blockchain. Despite the significant economic bubbles, Axie Infinity and The Sandbox still have market values of $800 million and $700 million, respectively, which shows their ability to attract real users. In addition, several gambling companies are planning to implement blockchain technology in classic games:

• Atari has partnered with The Sandbox to bring classic games such as Centipede and Pong to the metaverse platform. Players can use SAND tokens in The Sandbox to participate and create experiences based on these classic games;
• Square Enix has announced plans to integrate its well-known game IPs, Final Fantasy and Dragon Quest, into the platform’s blockchain;
• Capcom announced its intention to explore the possibility of integrating its well-known games, such as Street Fighter and Resident Evil, into the blockchain gaming space;
• In the traditional gambling industry, the emergence of MOBA games such as League of Legends and Honor of Kings often signals the peak of a game’s development. In the GameFi sector, the current breakthrough method is to create a highly playable game with a full-fledged financial system. Being the first to integrate outstanding gaming IPs is an opportunity to gain a competitive advantage.

The post GameFi 3.0 era: Unlocking the future of the GameFi market appeared first on Adroverse.

1. Why Is Blockchain Seen as Environmentally Harmful?

The primary environmental criticism of blockchain technology stems from the energy-intensive process used by certain blockchains to validate transactions and maintain network security.

A. Energy Consumption of Proof-of-Work (PoW)

• Blockchains like Bitcoin and Ethereum (prior to its 2022 transition to Proof-of-Stake) rely on Proof-of-Work (PoW), a consensus mechanism requiring miners to solve complex mathematical puzzles.
• This process demands enormous computational power, leading to high energy consumption.
• Example: The Bitcoin network’s annual electricity consumption has been compared to that of entire countries, such as Argentina or the Netherlands.

B. Carbon Emissions

• Much of the energy used in mining comes from fossil fuels, particularly in regions where coal is still a dominant energy source.
• Mining operations in such areas contribute to significant greenhouse gas emissions, exacerbating climate change.

2. Breaking Down the Environmental Impact

A. Mining Hardware

• Mining requires specialized hardware, such as ASICs (Application-Specific Integrated Circuits), which consume large amounts of electricity.
• The short lifespan of mining equipment creates e-waste, as outdated hardware is often discarded rather than repurposed.

B. Geographic Concentration

• Mining activity is concentrated in regions with cheap electricity, often derived from non-renewable sources. For example, China (before restrictions), Kazakhstan, and parts of the U.S. are hotspots for mining.

C. Increasing Demand

• The growing popularity of blockchain applications, from DeFi (Decentralized Finance) to NFTs, has intensified network usage, leading to greater energy demands.

3. Steps Toward Sustainability

Despite these challenges, the blockchain industry is actively seeking ways to reduce its environmental impact.

A. Transition to Proof-of-Stake (PoS)

• Many blockchains, including Ethereum, are moving from PoW to Proof-of-Stake (PoS), a less energy-intensive consensus mechanism.
• In PoS, validators are chosen based on the amount of cryptocurrency they hold and “stake” rather than competing through computational power.
• Impact: Ethereum’s transition to PoS in 2022 reduced its energy consumption by over 99%.

B. Adoption of Renewable Energy

• Some mining operations are powered by renewable energy sources, such as hydroelectric, solar, or wind power.
• Regions with abundant renewable energy, like Iceland and parts of Canada, are attractive to environmentally conscious miners.

C. Carbon Offsetting

• Companies and projects are investing in carbon offsets to counteract their emissions.
• For example, some NFT platforms are committing to carbon neutrality by purchasing offsets or funding renewable energy projects.

D. Development of Energy-Efficient Protocols

• New blockchain technologies are being designed with sustainability in mind, such as Algorand, which uses a PoS variant and claims to be carbon-negative.
• Layer 2 solutions, like Polygon, reduce the energy required for transactions by processing them off-chain.

4. Ethical Considerations

The environmental concerns surrounding blockchain raise important ethical questions:

A. Balancing Innovation and Sustainability

• While blockchain drives innovation, its ecological costs must be addressed. Can the industry continue to grow without exacerbating environmental damage?

B. Responsibility of Stakeholders

• Should developers and miners prioritize environmental sustainability?
• How can users make informed choices about which platforms to support?

C. Equity and Accessibility

• Mining often consumes energy in regions where local populations struggle with energy scarcity. Is it ethical for blockchain operations to compete with residents for limited resources?

5. Beyond Blockchain: Context Matters

While blockchain’s environmental impact is significant, it’s important to view it within the broader context of global energy consumption:

• Traditional Finance: The banking industry’s infrastructure, including ATMs, data centers, and offices, also consumes vast amounts of energy.
• Gaming and Streaming: Online services like Netflix, YouTube, and gaming platforms have substantial carbon footprints.

Blockchain, when implemented sustainably, has the potential to replace or streamline many of these traditional systems, possibly leading to net energy savings in the long term.

6. The Path Forward

To minimize environmental harm, the blockchain industry must adopt proactive solutions:

• Incentivize Green Mining: Encourage miners to transition to renewable energy through subsidies or tax breaks.
• Promote Eco-Friendly Blockchains: Support projects that prioritize energy efficiency and carbon neutrality.
• Raise Awareness: Educate users and developers about the environmental impact of their choices.

Blockchain technology’s environmental impact is a valid concern, particularly in the context of energy-intensive mining operations and carbon emissions. However, the industry is evolving, with significant strides being made toward sustainability through greener consensus mechanisms, renewable energy adoption, and energy-efficient innovations.

The challenge lies in balancing the immense potential of blockchain technology with its ethical and ecological responsibilities. By prioritizing sustainability, the blockchain industry can continue to innovate while minimizing harm to the planet.

The post Ethical Questions: Is the Blockchain Industry Harmful to the Environment? appeared first on Adroverse.

In this article, we’ll examine the best and worst examples of NFT use in gaming, highlighting what works and what doesn’t in this rapidly evolving space.

The Best Examples of NFT Use in Gaming

1. Axie Infinity: Play-to-Earn Pioneer

Why It Worked:

• Axie Infinity introduced players to the concept of play-to-earn (P2E), allowing them to earn cryptocurrency and NFTs through gameplay.
• Players could breed, trade, and battle Axies (NFT creatures) on a blockchain-based platform.
• The game provided economic opportunities, particularly in regions with lower incomes, where some players earned a living through Axie.

Key Takeaway:
Axie Infinity demonstrated the potential of NFTs to create new gaming economies, but it also faced challenges with sustainability due to its reliance on continuous growth.

2. Gods Unchained: True Ownership of Cards

Why It Worked:

• As a blockchain-based trading card game, Gods Unchained allowed players to truly own their cards as NFTs.
• Unlike traditional digital card games, players could trade or sell their cards outside the game ecosystem.
• The game preserved competitive integrity by ensuring that matches were skill-based, not pay-to-win.

Key Takeaway:
Gods Unchained successfully leveraged NFTs to give players control over their collections without compromising the core gaming experience.

3. The Sandbox: Building a Metaverse

Why It Worked:

• The Sandbox combines gaming with virtual real estate, allowing players to buy, sell, and develop land parcels as NFTs.
• The platform encourages creativity, enabling users to design games, create art, and monetize their contributions.
• Partnerships with major brands like Atari and Snoop Dogg have boosted its appeal.

Key Takeaway:
By focusing on user-generated content and interoperability, The Sandbox showcases how NFTs can empower creators and communities.

4. Sorare: Fantasy Football with Real Value

Why It Worked:

• Sorare is a fantasy football game where players collect and trade NFT-based player cards.
• The cards are not just collectibles—they are integral to gameplay, as users build teams and compete in tournaments.
• Partnerships with major football leagues add legitimacy and excitement.

Key Takeaway:
Sorare combines gaming, sports fandom, and NFTs into a cohesive and engaging experience, appealing to a broad audience.

The Worst Examples of NFT Use in Gaming

1. Evolved Apes: A Cautionary Tale

What Went Wrong:

• Evolved Apes promised an NFT-based fighting game but failed to deliver.
• The anonymous developer disappeared with approximately $2.7 million in funds, leaving investors with worthless NFTs.

Key Takeaway:
The project highlighted the risks of investing in unverified and overhyped NFT games. Transparency and accountability are critical for success.

2. Ubisoft Quartz: The Backlash Against Corporate NFTs

What Went Wrong:

• Ubisoft introduced Quartz, an NFT platform for in-game items in Ghost Recon Breakpoint.
• The gaming community criticized the move as a cash grab, noting that the NFTs provided no significant gameplay benefits.
• Poor communication and a lack of understanding of player sentiment led to widespread backlash.

Key Takeaway:
NFTs must enhance gameplay and offer clear value to players, rather than being perceived as a way for companies to monetize further.

3. Pixelmon: Overhyped and Underwhelming

What Went Wrong:

• Pixelmon raised $70 million in an NFT sale, promising a high-quality gaming experience.
• The artwork revealed after the sale was poorly designed, leading to widespread ridicule and loss of trust.
• Despite later improvements, the project became a meme for overpromising and underdelivering.

Key Takeaway:
Hype can attract attention, but delivering on promises is essential to maintain credibility in the NFT space.

4. Cryptoland: Unrealistic Aspirations

What Went Wrong:

• Cryptoland promised to be a utopian NFT-based virtual world but failed to materialize due to unrealistic goals and poor execution.
• Marketing missteps and a lack of transparency further eroded trust in the project.

Key Takeaway:
Overambitious projects without clear execution plans often fail, damaging player trust in NFT-based gaming.

Lessons Learned: What Makes or Breaks NFT Gaming Projects

Success Factors:

• Player-Centric Design: Successful games prioritize fun and engagement, with NFTs serving as enhancements rather than the primary focus.
• Transparency and Accountability: Clear communication and reputable teams are crucial for building trust.
• Sustainability: Projects should avoid speculative economies and instead focus on long-term value.

Failure Factors:

• Overhyped Promises: Unrealistic expectations lead to disappointment and loss of trust.
• Lack of Utility: NFTs without meaningful gameplay integration feel like unnecessary cash grabs.
• Community Neglect: Ignoring player feedback or concerns often results in backlash.

NFTs have the potential to transform gaming, offering true ownership, new revenue streams, and innovative gameplay mechanics. However, their success depends on thoughtful implementation that prioritizes players and sustainability.

The best examples of NFT use in gaming show how these technologies can enhance experiences, while the worst serve as cautionary tales of greed, overhype, and mismanagement. As the industry matures, the focus should shift from speculative hype to creating value-driven, player-first ecosystems.

The post The Best and Worst Examples of NFT Use in Gaming appeared first on Adroverse.

First, Web3 games introduce the concept of “true ownership.” In the Web2 world, the game developer actually owns all in-game assets, and players have no physical rights to anything they have mined. Conversely, in Web3 gaming, in-game items are represented as NFT tokens, ensuring that players are the sole owners of these virtual assets. This allows players to freely buy, sell, and trade their items both inside and outside the game ecosystem.

Second, Web3 gaming facilitates interoperability. In Web2 gamification, in-game items are usually tied to a specific platform, making them unusable in other games. Web3 gamification breaks down these barriers by allowing players to utilize their resources in different games and virtual worlds. This interoperability improves the overall gameplay experience, taking users to a new level of freedom and versatility not possible in the traditional gaming industry.

Finally, Web3 gaming introduced the play-to-earn model, which was quickly embraced by the gaming audience. In traditional games, developers typically make the bulk of their profits from players through in-game purchases and advertising. In Web3 games, wealth is redistributed evenly, allowing players to monetize their gaming skills and time investment. Gamers can earn cryptocurrencies and rare NFTs by participating in the game ecosystem, effectively monetizing their love of gaming.

Types of Web3 games

There are quite a few genres and types of Web3 games with their own unique features and gameplay. Below are some of the most common ones.

Play-to-Earn Games

One of the fastest growing markets in the cryptocurrency industry is Play-to-Earn games. According to DappRadar, from January to December 2022, the daily activity of all crypto games on PC, Android, and iOS grew 35% to reach the 718,000 user mark. Moreover, market capitalization grew by 191%, reaching $173.5 million daily by the end of 2022.

Popular examples of Play-to-Earn games include Axie Infinity, where players can earn by breeding, fighting, and trading Axie creatures, and TownStar by Gala Games, which rewards users for building a city, managing resources, and other tasks.

NFT Collections

Games focusing on NFT collection focus on collecting and trading rare tokens that represent unique digital assets. CryptoKitties was one of the first games in this category, allowing players to collect and breed digital cats with rare qualities and features. CryptoPunks, God’s Unchained, and Illuvium are other games that have become popular among NFT collectors.

Blockchain-based virtual worlds

Some Web3 games are entire virtual worlds on the blockchain. In these worlds, players can buy, develop and monetize virtual lands and assets. For example, Decentraland and The Sandbox allow users to create and profit from their creations in a shared meta-universe.

MMOs enhanced by blockchain

In order to provide true ownership of in-game assets and create a unique player-driven economy, some multiplayer online games (MMOs) have integrated blockchain features. For example, Lost Relics combines traditional MMO gameplay with blockchain-based asset ownership.

Blockchain-based card games

Games that combine traditional card game mechanics with blockchain technology have begun to gain popularity. For example, Gods Unchained and Splinterlands use NFT cards that players can buy, trade and use in strategic battles.

Blockchain racing

Web3 has made its way to the world of racing. F1 Delta Time uses blockchain to create and trade rare virtual cars, drivers and parts.

Blockchain-based sports games

Some Web3 games focus on sports and collectibles, allowing players to own items from the world of virtual sports and sell them. For example, NBA Top Shot allows users to buy and trade officially licensed NBA collectibles in the form of NFTs.

Blockchain games for art and creativity

Some games allow players to create and sell digital art and collectibles in the form of NFTs. For example, CryptoPunks and Art Blocks combine art and blockchain technology on a conceptual level.

The post How Web3 gameplay differs from Web2 gaming appeared first on Adroverse.

DAO’s native cryptocurrency is used to validate the right to vote and determine its voting weight. These are tokens issued by the platform and used for various purposes, including the formation of smart contracts, payment of commissions within the system and other practical uses.

Some platforms issue several types of cryptocurrencies at once. For example, in DAO Maker, cryptocurrency is represented in the forms of $MKR and $DAI. These two tokens have completely different functions:

1. The $DAI token is used as a financial asset provided to borrowers of the MakerDAO platform. The $DAI corresponds to one U.S. dollar and is destroyed immediately upon return.

2. The $MKR token allows holders to receive discounts within the platform, provide liquidity for transactions, and vote in a decentralized autonomous entity

Benefits of using DAOs in cryptocurrency transactions

Why does the DeFi ecosystem work at all? The main priority of developers in this area is to create a financial environment in which no machinations behind the scenes can be carried out. This is one of the reasons for financial crises and recessions, because central banks and treasuries of countries are trying to regulate economic processes by constantly changing the total amount of fiat currency in circulation.

Inability to determine the exact amount of banknotes, the work of counterfeiters and other problems create difficult to control inflationary and deflationary processes, as well as deprive the participants of the economy of the ability to fully control their financial well-being.

The philosophy of decentralized finance is based on the desire of ordinary participants of economic processes to escape from the control of centralized systems.

What is a DAO used for?

Blockchain-based DAO has several important features:

• The blockchain network cannot be changed after a new block is added, and therefore information about the cryptocurrency remains unchanged and fully accessible to any independent auditor.
• Any interactions with the network itself occur only through smart contracts – mini-applications that are programmed to perform a strictly defined set of actions when the conditions necessary for their fulfillment coincide.
• Only direct participants in decentralized autonomous organizations. A DAO is a community of users who collectively make decisions about the future of the platform through democratic voting.

This is the decentralized management, carried out by automatic programs, the functionality of which is determined by the majority in the DAO. This approach to management provides full transparency of all processes and does not allow people and organizations from outside to influence how the DeFi platform works.

The security of the entire network is ensured by distributed autonomous organizations, where each active user managing a blockchain network node has the entire array of data to reconcile with the main network.

The post What is a DAO and how does it work? appeared first on Adroverse.