How Blockchain Gaming Generates Value

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A Look at How Blockchain Gaming Generates and Delivers Value.

Blockchain Gaming Adds Value Through:

  1. Driving user growth and the adoption of crypto.

  2. Increased demand for HIVE.

  3. Real asset ownership.

  4. Human capital.

Driving User Growth

More users translates to more activity on chain and this leads to new demand
for HIVE! Not so fast, as @khaleelkazi eluded to in his recent post titled: What Problem Does Hive Solve?, it is simply not good enough to exist, in order to create demand and retain users you must solve a problem.

Blockchain gaming does just this, it provides an engaging experience where users can emerge themselves in an entertaining environment. Games can be captivating, creative, inspirational, and entertaining. Humans need entertainment, in fact it's a trillion dollar business.

According to PriceWaterhouseCoopers, video games and esports is poised to sustain a growth rate of 6%+ over the next 5 years.

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Hive is already home to the worlds largest dApp and lo and behold it's a game! @splinterlands TCG clocks in at apx 5.6k active users. Demonstrating that blockchain games have the ability to reach, engage, and sustain an audience.

Real Asset Ownership

Collectibles is already a 200 billion industry and blockchain is poised to demand an increased share of this market year over year.

A key way that blockchain gaming adds value is through real asset ownership of digital collectibles. This subject has been written about and discussed by some thoughtful folks such as @taskmaster4450 in this video post on the tokenization of everything, including game assets.

Not only is providing an immutable ledger to keep track of digital assets adding tremendous value but it affords people the opportunity to generate and store wealth. To have the confidence of knowing that my assets are stores under encrypted lock and key(s). Assets that can be traded and sold at any time, providing market valuation.

The next generation of gamers may have something to show after years of playing their favourite games day in and day out!

The days of putting down a video game after 20 hours, 40 hours, 100 hours or more only to completely give up all assets collected along the way is over. A youth that's starting their gaming journey today with the help of real asset ownership will have the chance to build and manage assets that could generate substantial wealth.

Increased Demand For Hive

As blockchain gaming onboards new users into the ecosystem and delivers value in the form of entertainment, engagement, and asset ownership it stimulates demand for HIVE. You can bet that now that Splinterlands is operating on the Hive Blockchain that some of those 5.6 thousand players will be using HIVE to transact and exchange value on the blockchain.

Now imagine the next big Hive blockchain game performs some marketing activities and draws in a few thousand more users. Each will need to sign up for a wallet, each will need a little bit of HIVE to power up. They'll want to purchase starter packs, and buy collectibles off the various markets, or purchase in-game currency. All of these activities require HIVE, and will help to increase the demand and add value to the coin.

Human Capital

This an area where blockchain gaming adds value that is not frequently discussed but I feel is worthy of mention, human capital.

Human capital is an intangible asset or quality, and is the economic value of a worker's experience and skills. These assets can include the likes of education, skills, knowledge, training, intelligence. There is value to these assets, and these assets are the people here on Hive that build games, share their knowledge. Creators that generate content and promote gaming, learning how to collaborate remotely with community members to complete tasks.

The larger our blockchain gaming community grows, the more knowledgeable we become, and the more value we lock into the chain. This human capital generates and adds value to the Hive blockchain, and it needs to be acknowledged and retained.

These are only a few examples of how blockchain gaming adds value to the Hive blockchain. The future is bright in the space and we look forward to promoting Hive blockchain gaming to the masses.

-Battlegames



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(Edited)

**Dear member of HIVE

Supplement 23 June - The witness @pfunk can't help but flag the account. So all spam messages are now automatically sent from a server. Now there is also no possibility not to unify. The text will be reformulated and every new member on HIE will be warned to continue publishing here. Also I offer every user a free account on Stemm including a delegation. Thank you @pfunk that it has come so far

Supplement June 19th - Some whales had asked me to stop with all the messages as they had written to @pfunk to tell him to support me and stop destroying the account. I have stuck to it and stopped. He has now sent more downvotes and from now on the goal is to comment on every post that is published about HIVE. We have about 300 HIVE accounts, which can be used alternately and will create new accounts daily. We will program different scripts, because every hour a post will be published in the upper 100 days. These scripts will be available for every user of HIVE if they want to use them.

I apologize for the automated comments. But we will not get another opportunity to point out our problem.

** For the time being this message will only be published for one hour, if the proceedings against us are stopped and the donations are replaced, we will stop this. Otherwise, this message will be placed below every post that is published about HIVE through hundreds of accounts.**

Are you sure you really want to post here?

For example, we have a small account here that belongs to a social club in Germany. Donations were collected here, and every month a few dollars were collected.

But since ONE person - the witness at HIVE called @Pfunk (a witness is actually someone who is supposed to represent the members) has problems with the founder of the social organisation, he makes sure that all donations are deducted from the small account. Others who also support the account are also punished, and all income is also deducted.

If you publish here, make sure that you only publish what is of benefit to the owners of the assets on HIVE. You must never express your own opinion or criticize someone who is a witness or owner of power.

You will soon find out that you only earn a few cents here. Others, however, sometimes enrich themselves extremely. Look around, you'll soon find that some people get 2 or even 3-digit $ amounts for small contributions, but you don't even get 50 cents.

Now that the account has basically become useless to us, we have made it our mission to inform all new members about what to expect here in the block chain.

There is no way to fight against the rulers of HIVE. You can only inform others and especially new members.

If you want to see how they take away donations for the association, you can see this here https://beeme.icu/?account=nesomi

If you ever want to find out what this is all about, you can do that:
https://peakd.com/deutsch/@nesomi/ve-the-blockchain-of-coldhearts-and-egomaniacs-ve-the-blockchain-of-coldhearts-and-egomaniacs-ve-the-blockchain-of-coldhearts-and-egomaniacs

and

https://peakd.com/deutsch/@nesomi/abuse of power and love-of-the-ship-witnesses radio or abuse of power and love-of-the-ship-witnesses radio

As soon as the devaluations on our account are stopped and the destroyed donations are replaced, these comments will be stopped.

Should this action not work, we will comment less than 1000 newly published articles with this text every day.

Unfortunately we have no other possibility to take action against such behaviour. Should you really stay here, you will soon find that there is no other way to fight injustice than with many messages.

To anyone who has problems with a witness about HIVE, I am happy to give the program, which automatically distributes hundreds or even thousands of comments.

We will delete this comment if you wish. However, this may take a few hours.
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In the last 10 hours, the downswings have been over $100 Think if love, not hate, were to decide for some how much good you could do.

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Great write up on what gaming could add to Hive. You are right, Splinterlands has to have increased the need for HIVE. I am looking forward to the eventual impact of eXode.

A lot of good stuff taking place.

Posted Using LeoFinance

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What about traditional board games like chess? Do you think they're fit to blockchain?

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