Real ownership sets in to revolutionize the gaming industry
For decades, gamers and the gaming industry have wondered how to effectively translate gaming wins into real-world currencies that could help everyday gamers.
Gaming condoms
When I was learning to play monopoly as a child, I always thought about the possibility of transforming my monopoly resources into real-world money. Gamers and gaming practitioners are still asking the same questions I asked as a child.
How can we monetize gaming for everyday people? This is a question that has been asked many times, and NFTs are beginning to offer a solution that could revolutionize the way we play video games and monetize.
Over the past few years, pro video game players have been able to monetize their gaming skills through the rise of tournaments and game streaming. Twitch has become the gold standard for streaming, and we’ve seen the rise of million-dollar gaming celebrities like Ninja and Booger.
The gaming industry has now reached a stage where gamers with average daily skills can earn some money by doing the work of their choice and excitingly, NFTs have become the key to helping gamers make a living or earn money for their time.
With this in mind, it is important to realize that we are currently living in a gaming revolution because more and more people can make a living playing their favorite games without the need to be a top celebrity gamer with an abundance of partnerships or sponsorships.
NFTs as the key to real ownership
Almost no one would argue that 2021 would be a breakout year for NFTs, and that by 2022, NFT growth may have slowed, but industry maturity has only taken off as we begin to see signs that NFTs may be slowing down. Down for the good of the industry.
Since the advent of video games, game developers have had almost exclusive rights to the funds, and even in the case of free-to-play games, game publishers make a fortune by purchasing in-app if the game is popular enough.
Mytheria is an exciting platform to talk about, and the game now allows users to participate in its build-to-acquire initiatives where users with or without development skills can easily contribute to the game. As a Mytheria user, you can create works of art and trade them in external NFT marketplaces, opening up a new source of income for users and creators.
Every day people make real money in games
Players spend most of their day playing video games, sometimes spending enough money on in-game purchases. At the end of the day, there is nothing to show for the time and money invested without the right to brag.
Now NFT is beginning to make it possible for gamers to earn more than their right to make a living and brag about their time, passion and effort. Game developers, both large and small, are investing heavily in NFT games and this could mean that the future of play-to-earn games is bright.
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