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Blockchain Games: The Biggest Trojan Horse Experts Wont See Coming(and The Startling Implications Youd Neverguess)

Blockchain Games: The Biggest Trojan Horse Experts Wont See Coming(and The Startling Implications Youd Neverguess)

Growth @ Loom Network, where we are building scalable blockchains for large-scale online games and social apps. Also: Creators of CryptoZombies.io. Blockchain Games: The BIGGEST TROJAN HORSE experts wont see coming (and the startling implications youd neverguess) Watchu gonna doWatchu gonna do when the Zombies come for you? (and yourgames) As long as humans have existed, games, in some form have also existed. Not only have games been an integral part of every culture gaming has been one of the oldest forms of human social interaction. In short, Games are as ancient as cavemen. Even more fascinating is how games are able to capture the ideas and worldviews of different cultures and pass them on to future generations. Its a snapshot frozen in time the video game version of a mosquito trapped in a glob of Amber like in Jurassic Park. There are major problems with the economics of traditional video games. The game creator (or corporation) could go out of business leaving the game stranded in a locked, closed source safe. If the game goes away, you are also going to lose the hundreds of hours of time you invested in developing your characters and advancing levels. If the game creators decide to take the game in a different direction against your wishes, you have no recourse. If you want to improve or remix the game, you need the game creators permission to do so. Any centralized authority could ban you from the game or take away your game servers at their whim without caring about you, the player. You dont actually own any of the digital assets in the game that you have invested your hard earned money or time in. It has happened (and will happen) over and over again. For example, Asherons Call , a long running online RPG closed its doors after 12 years leaving its most loya Continue reading >>

Gamers And Investors Bet Big On Cryptocurrency And Blockchain In The Gaming Industry

Gamers And Investors Bet Big On Cryptocurrency And Blockchain In The Gaming Industry

Gamers And Investors Bet Big On Cryptocurrency And Blockchain In The Gaming Industry I write about crypto, women in crypto and blockchain technology. Opinions expressed by Forbes Contributors are their own. The value of cryptocurrencies will become more evident as the gaming community continues to gain more active users While Bitcoin's shaky price run continues, the value that cryptocurrency can provide outside of the trading realm is becoming evident within the billion-dollar gaming industry. Cryptocurrency and blockchain technology were hot topics during the Game Developers Conference (GDC) that took place in San Francisco last month. As I made my way through the record-breaking crowd of 28,000 industry professionals, I constantly heard cryptocurrency and blockchain being mentioned. DMarket , a leading global marketplace that uses blockchain technology to transform virtual gaming items into real world assets, hosted a blockchain and gaming panel discussion during GDC. The purpose of the panel was to provide an explanation as to why cryptocurrency and blockchain technology are having an impact on the gaming sector, which is expected to become a $143 billion global industry by 2020. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] Breaking It Down: Why Gamers Understand Crypto Jared Psigoda, the CEO of BitGuild - one of the companies that spoke on DMarkets gaming and blockchain panel at GDC - explained that the concept behind digital currencies has resonated with the gaming community for years. Gamers in particular understand cryptocurrency because virtual money has been a part of gaming for the last 10 years. For example, dating back to t Continue reading >>

Have You Tried These Popular Blockchain Games?

Have You Tried These Popular Blockchain Games?

Have you tried these popular Blockchain Games? After the debacle of the dot com bubble and the sweeping reorganization that happened in the internet ecosystem, the modern-day web was born. As this web architecture began to unfold and take shape, virtual role-playing online games like World of Warcraft became a popular thing. History appears to go around in circles and it does seem like the internet is folding in on itself with respect to cryptocurrency and blockchain technology. As the emerging blockchain revolution takes form, a number of games have sprung up and have become vastly popular within the cryptocurrency community. At the heart of this emerging trend is the shift towards owning virtual objects generally classified as cryptocollectibles. These digital items have the potential to appreciate in value much like cryptocurrencies like bitcoin and ether. This provides an incentive for users to become interested in the game as a means of getting their hands on what could turn out to be valuable digital assets. Cryptocollectibles are another startling example of the fact that just about anything can be created and issued on a blockchain. These games also expand the sphere of influence of the cryptocurrency ecosystem by creating new markets and encouraging greater participation. The following are some popular blockchain games. Cryptokitties is an Ethereum-based cryptocollectibles game that allows players to breed digital cats using smart contracts. Since its launch on Thanksgiving Day last year, Cryptokitties has gone on to become a hugely popular game on the Ethereum blockchain. Such is the popularity of the game that it caused major disruptions to the Ethereum network and caused delays in the implementation of a number of Ethereum-based cryptocurrency ICO smart con Continue reading >>

Hoard | Facilitating True Ownership Of Virtual Gaming Assets On The Ethereum Blockchain. Buy, Sell And Rent Downloadable Content On A Marketplace. Powered By Blockchain Technology.

Hoard | Facilitating True Ownership Of Virtual Gaming Assets On The Ethereum Blockchain. Buy, Sell And Rent Downloadable Content On A Marketplace. Powered By Blockchain Technology.

Game money is now a cryptocurrency, that gives you real value What is the problem we are trying to solve? Currently, the vast majority of money spent on games is on virtual items or downloadable content (DLC). In 2017, it was 78% of total gaming revenue - approximately $80 billion. This doesnt even include the virtual content that is acquired via gameplay, like when players defeat enemies, loot an opponent or simply complete tasks that enable them to earn items. The current situation is that gamers do not truly own the content that they have purchased. They cannot trade them, sell them or even gift them to other people. In fact, these items are completely in control of game companies or distribution platforms, who can choose to revoke usage rights at any time, often without recourse. Take extensive advantage of decentralized cryptocurrency exchange A new crowdfunding model for game financing The Kickstarter model has served indie game development well, but it has also been a great headache. Game developers must offer rewards as incentives for backing projects, which are almost always irrelevant distractions from actually making the game. With Hoard, that is no longer a problem: Developers can now sell tradeable tokens to fans before the game is ready. No need for irrelevant trinkets anymore, give the gamers what they care about: the in-game items and goods themselves! Lead programmer of one of the first major MMORPGs, Anarchy Online, technical producer of the Hitman series (3-5) and Mini Ninjas, and technology director at IO Interactive. Martin is a gaming industry veteran with 18+ years of experience under his belt and roots in the C64 & Amiga demoscene. In his spare time, Martin aspires to be a farmer and promotes Ethereum as a showcase of how to utterly change the c Continue reading >>

Blockchain Is Games' New Tech Obsession

Blockchain Is Games' New Tech Obsession

Home Development Publishing Politics & Law Media & Marketing Mobile VR & AR Financial Esports Events Video Game Jobs EGX 2019 Early tech adoption is part of the essence of the games industry - but proposals to integrate blockchain into companies' businesses, not just their games, should give us pause The tendency to view video games as an entertainment product - part of a spectrum encompassing things like movies, TV shows and music - is an entirely reasonable one. But it can obscure the fact that video games are also often the most advanced, complex and demanding pieces of software that the average consumer will ever use. Sure, we get occasional references to how amazing it is that modern games are doing in real-time what it used to take rooms full of whirring servers weeks to accomplish for movie special effects only a decade or two ago; but even these comparisons, being focused solely on advances in real-time graphics, don't fully grasp the extent of the technological accomplishment of modern games. In many cases, video games will be the first contact a consumer ever has with brand new technologies that go on to widespread adoption elsewhere. As such, it's unsurprising that any new technology with a strong buzz around it is of immediate interest to game creators, business leaders and investors. For games, new technology can present a myriad of advantages; it can open up new possibilities for graphics, gameplay or interaction, or provide time- and cost-saving shortcuts to implement previously complex and expensive features, or simply give a competitive leg-up over other games. Beyond the advantages of new tech, there's also a fear of missing out behind the industry's drive to engage with cutting-edge technologies, even those which remain unproven; adopting a technolog Continue reading >>

Playkey - Decentralized Cloud Gaming Platform

Playkey - Decentralized Cloud Gaming Platform

PKT is a virtual currency for all the transactions between gamers and miners on the Platform. The more users play, the more transactions they make, the higher demand on PKT is. 2 543 cryptoinvestors put their faith in PKT and took part in Playkey ICO contributing ETH and BTC within more than 15 000 000 USD. Decentralized Cloud Gaming is the next big thing. PKT provides an opportunity to become a part of this future and make a smart contribution. ICO SPV: Playkey, Cayman Islands law, registered as No. 328711 on 27-Oct-2017 Marketing agent: LLC Gaming Solutions, 5 office, 1 Malevicha street, Skolkovo Innovation Center, Moscow, 143026; Tel.:+7 (342) 2155003 Do not send funds directly from your cryptocurrency exchange account or you will lose your tokens. You need to have a full Ethereum wallet, not a trading account. If you do not have local Ethereum wallet software like Mist or Parity on your computer, you can use a free web wallet myetherwallet.com . We use your ETH address to identify your contribution. Sending ETH to this address you confirm that you agree with Terms and Conditions . Continue reading >>

Blockchain Games: A Surprising New Player In The Industry

Blockchain Games: A Surprising New Player In The Industry

Blockchain Games: A Surprising New Player in The Industry Innovation in the blockchain industry continues at a relentless pace. New projects involving existing blockchains have begun to be created, allowing for the techs gamification. On-Chain games or decentralized application (DApps) such as Cryptokitties have captured the attention of many in the blockchain industry. The advent of the cryptocurrency space in recent years has created a booming new market that has sparked a lot of innovation in the sector. The common blockchain startup has been to create ICOS as a medium for startups to generate capital. However, the new trend has been to create dApps on existing networks. These dApps range from payment networks to games based on blockchain technologies. These so-called blockchain games have been touted as a new way blockchain innovators can interact with a growing user base. However, some question the viability and safety of these games. In December of last year, the Ethereum blockchain was overrun with requests. Transactions that had once taken minutes to confirm began to take hours as users of the DApp game CryptoKitties began fostering their kitty collections. Users rushed to create and trade these cats as the project began to roll out. This may lead you to the question: What are CryptoKitties ? CryptoKitties is one of the first on-chain and widely adopted blockchain games. The game consists of digital kitties facilitated by a smart contract on the Ethereum blockchain. In the game, you can buy, sell, and breed cats using the smart contract. Each CryptoKitty is unique with its own personalities, traits, and physical characteristics that allows it to be differentiated from other kitties. Players are incentivized to breed kitties in attempts to find rare traits which Continue reading >>

Bitguild

Bitguild

Thank you for joining the guild! See whats next for BitGuild. Decentralized gaming platform built on the blockchain Redefining the relationship between players and developers by facilitating full and true ownership of in-game assets, cheap and safe item trading, cross-game compatibility of items and currency All games utilize smart contract technology, accept PLAT, and feature tokenized game items that are player-owned and tradable. Virtual assets created on the BitGuild Portal can be bought and sold for PLAT on the Auction House. Auctions are decentralized and built using smart contracts. Platinum (PLAT) is an ERC20 token. This token will be used to play BitGuild games, trade on the Auction House, support projects in the Game Incubator and more. The Portal fosters player-to-player and player-to-developer interaction. Developers will be able to crowdsource game funding, game design, and game content transparently by utilizing PLAT. Unlike traditional cryptocurrency wallets, BitGuild's Item Wallet allows for the display of non-fungible tokens, such as game items and equipment. Players can easily buy games, PLAT, and content with no added costs. Developers avoid hidden fees, fraud, and receive quick payments. Continue reading >>

Bringing Blockchain To The Gamingindustry

Bringing Blockchain To The Gamingindustry

lf, the next breakthrough in Blockchain. Bringing blockchain to the gamingindustry The gaming industry generates at least $110 Billion in revenue every year. And this number is growing rapidly with involvement from almost every country in the world. It is a connection that transcends borders, race and language. There is no segregation based on age or gender. Youve either played games, or youve watched others play; and if you havent done either then you will at least know someone who is involved in this industry, one way or another. By entering this industry, this is just another way in which aelf will change the world. You may have heard of cryptocurrency or blockchain technology affecting a particular industry like finance, medical, or insurance. But how can blockchain technology impact the gaming industry? Fraud is strife throughout the virtual goods market. With blockchain technology, true ownership of virtual goods can easily be facilitated and become immutable. Regardless of what happens to a platform, game or account ones goods are always safe. You may have played a game where you purchased something in game only to find it did not actually credit your account. You then spend the next 2 weeks trying to convince support that you purchased the items and you have not received them. Blockchain technology will make this frustration a thing of the past. Another benefit is the use of payments through blockchain tech for game distribution. Current payment systems are slow, flawed and cumbersome. The use of stolen cards, currency conversions, regulations regarding payments from a particular country are just some of the problems faced by distributors. And then there is piracy need I say more? Removing the middle man, speeding up transactions, lowering fees, ensuring true p Continue reading >>

Malta Gaming Authority Proposes Blockchain Gaming Guidelines, Testing Sandbox

Malta Gaming Authority Proposes Blockchain Gaming Guidelines, Testing Sandbox

Malta Gaming Authority Proposes Blockchain Gaming Guidelines, Testing Sandbox The Malta Gaming Authority has proposed guidelines on cryptocurrencies and Blockchain applications by the gaming industry. The Malta Gaming Authority (MGA) has recently issued a document with guidelines on Blockchain and cryptocurrency applications in the gaming industry, the regulatory organization announced March 29. The @MaltaGamingAuth publishes a consultation document on a Sandbox Environment for Distributed Ledger Technology and Virtual Currencies. Read More: pic.twitter.com/dv5MffiuOb MaltaGamingAuthority (@MaltaGamingAuth) March 29, 2018 The public document called Guidance on the use of Distributed Ledger Technology and the acceptance of Virtual Currencies through the implementation of a Sandbox Environment aims to apply standards to games that use cryptocurrencies and Blockchain technology. The authority aims to form a licensing system for game developers, specifically suggesting the establishment of standards for accepting crypto as a means of payment, use of digital currency wallets, deposits, and the calculation of exchange rates. MGA noted that it will accept games that are hosted fully or partially on a Blockchain environment, provided that the operator shall ensure that the gaming service is not unduly disrupted by such operational setup. Notably, the MGA will accept DLT verification in determining whether a game is provably fair and truly random; concepts which are especially important in electronic gambling. MGA seeks to protect customers and the reputation of Maltese jurisdiction, and to support anti-money laundering (AML) measures in compliance with the EU 4th Anti-Money Laundering Directive . MGA is offering to test games adhering to the new cryptocurrency and Blockchain r Continue reading >>

How Blockchain Technology Is Changing The Gaming Industry

How Blockchain Technology Is Changing The Gaming Industry

How Blockchain Technology is Changing the Gaming Industry Blockchain Technology and Online Gaming: An Emerging Goldmine The world is unraveling new use cases for blockchain technology each day. Although most people think of Bitcoin and finance when they hear the word blockchain, the technology extends its reach far beyond those two things. You may already know that agriculture businesses , energy companies , and the art world are integrating blockchain into their operations. But, theres another unsuspecting sector also joining in: online gaming. Numerous cryptocurrency projects are picking up their controllers, so to speak, and some of the industrys biggest names are contributing their support. In this article, were going to tell you how blockchain technology is entering the over $50 billion online gaming market. Blockchain Technology is Facilitating True Virtual Goods Ownership Right now, fraud is rife in the virtual goods market. A lack of marketplace trust leads to segregated, centralized trading platforms who oftentimes charge excessive fees when you exchange your assets. Additionally, the abrupt shutdown of a gaming platform could cause your hard-earned goods to all of a sudden be worthless. Wax and Enjin Coin are two projects transforming this ownership of virtual goods, albeit in slightly different ways. WAX , which stands for Worldwide Asset eXchange, is a decentralized platform that you can use to build virtual marketplaces. Created by the OPSkins team, the platform uses WAX tokens to enable you to trade any virtual asset for cryptocurrency. Although theyre targeting online gaming, they state that you can tokenize any type of virtual good on the platform. Enjin Coin takes blockchain-based ownership one step further by creating and managing goods directly on th Continue reading >>

Blockchain Could Trigger The Game Industrys Next Evolution

Blockchain Could Trigger The Game Industrys Next Evolution

Technology is mostly incremental. We make batteries last 20 percent longer. We make glass strong enough to serve as the front surface of a cellphone. We let headphones sample ambient sounds so they can filter more noise. Products perform better. They cost less. They last longer. Sometimes a different sort of innovation comes along, a technology that serves as the platform for unanticipated breakthroughs. These innovations disrupt the status quo, toppling established market leaders and creating opportunities for a generation of creators: artists, technicians, leaders, or dreamers. The full implications of these major innovations are never fully grasped at first. A few visionaries get a glimpse and play a hand in the disruptive transformations that accompany the new technology. But disruptive technologies dont achieve full fruition until they are harnessed by a community of creative dreamers who use them to instantiate their creative visions. Thats where we stand today with blockchain . Blockchain is a data structure and associated set of algorithms for distributing, storing, and accessing data. Computer programs use blockchain protocols to ensure that access to information is, due to the unique distributed nature of the blockchain architecture, secure, authenticated, and authorized. The technology supports the authentication and transfer of digital data, including everything from medical records to cryptocurrency without the need for an intermediary broker. Thats why blockchain is ideal as the technical foundation for an international, friction-free virtual currency like Bitcoin or GAME . Every unit of cryptocurrency is indexed and every transaction is recorded in a secure, authenticated open ledger that maintains anonymity and privacy among those who conduct the transa Continue reading >>

How Blockchain Can Revolutionize The Gaming Industry - Twice

How Blockchain Can Revolutionize The Gaming Industry - Twice

The gaming industry continues to thrive with consumers ready to engage with new, exciting products. It is ideally placed to take advantage of technological change that will enable new ways of working, and will increase the number of new games coming into the market. Weve seen pioneering innovations created through vibrant, dynamic online communities. Now we have Blockchain , which has huge potential to impact how talent is accessed, people are paid, and their work organized. But what does this mean for the games industry? Related: Six Ways Blockchain Can Transform Retailing In the early days of Blockchain and cryptocurrencies there was no feasible way to financially reward gamers en masse for co-creating games. Now that these technologies are established, a model where co-creators are guaranteed financial rewards has become possible. Giving people incentives with real economic benefit to do the work they want to do co-creating games will put an end to this form of unpaid work. Real rewards will also increase both the quantity and the quality of the work dramatically. By allowing developers and publishers to recognize this work and give it the scale of awareness it needs, community creators will quickly become third-party developers and gain financial rewards for their work. Gamers will be rewarded with cryptocurrency for playing and reviewing games, giving feedback to developers, and sharing social content to help in the promotion of games they love. Developers will in turn have access to millions of gamers throughout the entire creation process, and will even be able to license user-generated content and sell and market these games through the platform. This new model comes ahead of a key transition in the global labor market: while technologies such as AI will make s Continue reading >>

How The Blockchain Is About To Completely Disrupt Gaming

How The Blockchain Is About To Completely Disrupt Gaming

How the Blockchain Is About to Completely Disrupt Gaming I am traditional when it comes to video games. I still love setting up my old Amiga 500 and Commodore 64 consoles to play some of my favorite games, such as International Karate, Lotus Esprit and Moonstone.But like everythingin technology, things move fast. The Romans had a phrase for it, tempus fugit, which means time flies. And time flies in technology like no other dimension. I started mining bitcoin in 2013. I realised a revolution was coming and so I began reading up on the whole technology, especially the blockchain. I was hooked from the first phrase I read decentralized and secure. The blockchain structure offered a peer-to-peer connection without any middlemen being involved. That seems obvious now, but it wasnt as clear in 2013. What I also loved about the bitcoin blockchain was that it wasnt controlled by the government, the banks or any other management board. I guess I wasnt alone in that. Not only was it decentralised, the blockchain was also a digital ledger that could not be hacked, every transaction was notated, nothing could be retroactively changed and it felt like technology that could be completely trusted. The blockchain, however, is not just bitcoin and there isnt enough information about what blockchain technology is and what it does. But that is changing. Last month, the European Commission launched the EU Blockchain and Observatory with a fund of $300 million to support research into the technology. Cannes Film Festival: 75 Timeless Images of Red Carpet Style As the people at the EU know, blockchain doesnt have to be strictly related to cryptocurrencies because blocks in blockchain can hold any type of data. For instance, its going to completely disrupt the industry I know and care about Continue reading >>

Blockchain Gaming (@blockchaingames) | Twitter

Blockchain Gaming (@blockchaingames) | Twitter

Pending Pending follow request from @BlockchainGames Cancel Cancel your follow request to @BlockchainGames Are you sure you want to view these Tweets? Viewing Tweets won't unblock @BlockchainGames logo and banner in preparation for the redesign of the Thanks. Twitter will use this to make your timeline better. Undo We've incurred another delay in the approval process for the ICO due to circumstances outside our control. We're leaving the date TBA until we can decide it definitely once and for all. Using the extra time to further develop the first version of the Thanks. Twitter will use this to make your timeline better. Undo bitcoin auctioned off by the US government were purchased by TimDraper , who built a fortune as an early Internet . He's still holding them Thanks. Twitter will use this to make your timeline better. Undo now fees are cheap i'm spamming the bitcoin blockchain with hints to puzzles in sarutobiisland chapter III, thanks for storing my game data forever Thanks. Twitter will use this to make your timeline better. Undo block_talk was definitely one of the highlights of cryptocurrency developers who joined us: Thanks. Twitter will use this to make your timeline better. Undo CoinFest ! Organizers are now in hibernation until we're ready to make announcements regarding CoinFest 2019. Please do not disturb. Thanks. Twitter will use this to make your timeline better. Undo Thanks. Twitter will use this to make your timeline better. Undo Vancouver is currently celebrating. Read the bottom.... Thanks. Twitter will use this to make your timeline better. Undo Great show guys, really interesting topic and panel. Thanks. Twitter will use this to make your timeline better. Undo If you plan on taking the free shuttle bus from Eventbrite and either fill out the Google Continue reading >>

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