As games continue to evolve, so does the tech used to power them. The latest endeavors include Ethereum Blockchain technology. Their first endeavor is with their game Project Genesis for PC.
As you may already know, there’s more than a single use for the technology that powers cryptocurrency farming. That very technology has another form called blockchain technology, a piece of technology that looks to change the core aspects of the games that 2.2 billion people around the world continue to enjoy day in and out.
With the industry already expected to make more than $100 billion USD over the course of 2019. Through the use of technological advancement, improved security incentives for developers, and the ability to allow our digital thrills to carry on through every game we possibly play through the use of blockchain tech called ethereum.
When it comes to stuff such as blockchain tech, the idea of boundless possibilities is hard to imagine, but knowing just how far this endeavor can go. But at what cost? Player-owned economies, putting the power in the hands of gamers as they create their very own economies.
“blockchain is fairly young and it’s going to take time for it to truly mature.”
While blockchain gaming is fairly young, starting somewhere back in 2013 with games like HunterCoin, the technology itself has only begun to evolve in recent times. Games are slowly taking a step into the direction that helped bring the metaverse to life in Ready Player One, allowing gamers to earn in-game cryptocurrencies allowing them to earn things such as bitcoin as they play and spending it on in-game items that they want to use or obtain.
Over time, games like CryptoKitties came to life, allowing gamers to collect, breed, and trade their virtual cats. Due to the security behind blockchain technologies, this also means that games are almost unhackable, remaining as safe and secure as one could imagine. This means that, for example, the ships you build, equipment you unlock, and even your customizations are completely yours as the technology is completely unhackable in any form.
With the rise of a metaverse-like system, games using blockchain-based technology has continued to grow, making it possible for games to continue to evolve, their universes, and accessibility to continue growing. But the scope and vision for Project Genesis isn’t small. Because of the technology powering it, blockchain games will continue to evolve as player generated content continues to grow, allowing it to become something entirely new as it continues to evolve.
“Decentralized video game data means you’ll never lose the content you’ve earned or created.”
One of our biggest fears about modern gaming is whether or not our content will remain once a game’s servers go down for maintenance or a bug manages to emerge. With the use of ethereum blockchain, that’s not the case, it won’t happen, and that also means your data is stored on the blockchain and is decentralized from the servers themselves.
There are plenty of examples of this out in the wild. HashCraft from Ubisoft is one such example that shows just how well the technology actually works. The best part of it all? Gamers will have some form of ownership of game assets in a single core area, allowing a traditional sense of ownership boundaries to be broken.
Since items will be stored in the blockchain, rather are, storing items and characters on the blockchain will allow what players earn to be stored elsewhere, allowing them to – again – decentralized everything they worked for as their ownership of their hard-earned items and currency are truly theirs and remain separated from the gaming company and their servers.
Just like real-life trading, this means anything earned or unlocked in games like Project Genesis are truly yours. Trading them, selling them, or loaning them to another player means there’s an added value to the in-game virtual assets. The more valuable, liquid, and worth collecting: They are truly owned by the player, allowing them to move them through peer-to-peer transactions that can be accessed by anyone through the use of blockchain, negating the need for a third-party monitor due to how secure it actually is.
With the use of blockchain, this also means your account on games like Project Genesis remain solely yours and even more secure than ever. “How is that possible,” you might ask. This is because of blockchain’s systems, like any crypto-system, whether it’s through crypto mining or not, remains secure and requires a specific identifier for players to access their content. Think of this as a form of 2-Step Verification or something of the sort.
With blockchain and crypto-gaming, you also have increased possibilities for you – yourself – to be renumerated for your time within the world of a game. This means your achievements, your mastery among the worlds you conquer, and your creativity will carry on seamlessly from one game to another. Decentralized video game data means you’ll never lose the content you’ve earned or created.
But for now, we only have to wait and see what Project Genesis will have to offer, what kind of items fans will earn by playing, and how they will be able to use the currency they have earned during that time. After all, there’s already been studies showing just how game companies feel about the use of blockchain tech to power their games.
About the Writer(s):
Dustin is our native console gamer, PlayStation and Nintendo reviewer who has an appetite for anything that crosses the borders from across the big pond. His interest in JRPG’s, Anime, Handheld Gaming, and Pizza is insatiable. His elitist attitude gives him direction, want, and a need for the hardest difficulties in games, which is fun to watch, and hilarity at its finest. You can find him over on Twitter or Facebook.