Gaming Is Making WAVES In The Crypto Space

Published 5 years ago on October 26, 2018

Gaming Is Making WAVES In The Crypto Space

The potential that blockchain has for gaming seems never-ending. The gaming world and blockchain, if they were to work together, could see endless possibilities. This is why so many crypto projects have entered the gaming space. This includes Ethereum which introduced their game CryptoKitties and seems to have got a popular fan base surrounding it too. The first game on the TRON blockchain was recently introduced to thanks to BitGuild. BitGuild is focused on ownership of assets with an aim on gaming to let users own assets and have proof of scarcity thanks to the blockchain so that users can know the true value of assets and create a safe ecosystem for trading assets.WAVES is the latest cryptocurrency project to enter the gaming space. Now, there are over a billion people across the globe that play video games, it’s an industry which seems to be growing every day with hit blockbusters such as The Witcher 3 and the recently released Red Dead Redemption 2. WAVES know what blockchain can help the space massively and when it comes to tokenisation, this is specifically true. The new initiative would be aimed at creating tools for developers to make integrating blockchain to video games easier. There has now been a fund which has been created with over a million WAVES in order to motivate developers. Currently, the fund is worth almost $2 million dollars according to CoinMarketCap.The CEO of WAVES, Sasha Ivanov made a statement to offer regarding the initiative.

“This initiative was launched to showcase the versatility of Waves technology and stimulate its adoption in such an important industry as gaming. I believe that the gaming sector will be an enthusiastic adopter of the blockchain, and will drive its widespread use. Given the mutual opportunity here, we are more than ready to reward developers for the effort they make in implementing their projects within Waves ecosystem.”

The team behind WAVES will also be helping developers by providing additional advice and guidance regarding embedding WAVES functionality into the games. The initiative was introduced at the crypto games conference in Belarus which took place last week on October 17th-18th. What are your thoughts? Let us know what you think down below in the comments!

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Adrian Barkley

Adrian is an avid reader who first stumbled across Crypto after reading 'The Basics of Bitcoins and Blockchains' by Antony Lewis in 2018. Since then, Adrian has immersed himself within the industry, and has a real interest in Enterprise Blockchain solutions.