Introduction to Blockchain Gaming Projects

The core idea behind cryptocurrency and blockchain gaming projects as a whole as one of the defining innovations of the new century is its usefulness in solving the many issues plaguing the different traditional modes of interaction and financial systems alike.

The gaming industry has evolved from the early days of playing “Contra” or “Super Mario” on small consoles into a complex world of virtual reality that rewards consistency, and ThunderCore is aiming to fully position itself in this developing industry. We give you all you need to know in this article. 

The Blockchain Gaming Market

One might know quite a lot about traditional games, but blockchain-based games are totally different. The idea behind it can confuse even the best gamers and Web3 professionals.

Traditional games are centralized; in that, the items, which include characters, weapons, skins, and even the entire coding and experience gained while playing are restricted. It cannot be used in any other gaming project.

For blockchain gaming, players can own in-game assets, and they can also use rewards and these in-game items for different crypto-based gaming projects. Players can also get to exchange these items for real cash; in a concept known as the Play-To-Earn model.

In terms of the Blockchain Gaming market Growth dynamics, its size in terms of revenue was estimated to be worth about $4.6 billion in 2022, and it has been projected to grow by more than 70% to $65.7 billion by 2027. An unprecedented rise in investments in blockchain games is driving the blockchain gaming industry.

Although the blockchain gaming space is on a positive trajectory, it is a relatively new industry which is still plagued by growth challenges. Some of these challenges are run-ins with regulatory agencies, and hacks are also common. We provide a brief highlight of these challenges next.

Hurdles of Blockchain Gaming

One of the biggest challenges in the blockchain gaming space is that of “Hacks”. They are pretty common, and one of the recent examples is that of the well-known game Axie Infinity getting robbed of over $600 million in the March of last year.

As a result, its native Marketplace then lost 17% of its user base in the 24 hours after the hack. So, as the projected growth of the blockchain gaming industry becomes a reality, it is expected that such problems would continue to emerge.

Previously, these problems did not exist, but of course, there are inherent challenges with innovation. Traditional games did not enable financial transactions previously, so these problems might not have been envisaged.

As such, Web3 enthusiasts, gamers or players alike are more and more drawn towards a system that provides them with fairness and transparency, especially when it comes to making transactions, and the ownership of assets. This is exactly how ThunderCore is looking to improve the industry by providing everyone with the opportunity to play and earn in an atmosphere of credibility & transparency.

How is ThunderCore influencing Blockchain Gaming?

ThunderCore as a strategically positioned blockchain and thriving ecosystem that is passionate about empowering visionary developers, and seeking to effectively push the limits of what is possible as far as mobile experiences are concerned; is looking to broaden the horizons of blockchain gaming.

As a pioneer in the industry, and with a fully developed platform, a hyper-connected network of interoperable shared experiences powered by the native token “TT” for users, which altogether makes it a thriving ecosystem for blockchain gamers and Web3 enthusiasts. ThunderCore is improving participation in Blockchain gaming, one step at a time.

ThunderCore with its powerful functionality, is an eco-friendly and fully interoperable platform for blockchain gaming projects. There are different games being built on the platform that are surely going to improve your gaming experience in surreal ways. 

At the core of blockchain gaming is tokenization of in game assets. When a player acquires a tokenized in-game asset (such as land, weapons, etc.), the ownership of the asset is recorded on the blockchain. This means that players have full control over their in-game assets and can transfer or sell them to other players as an NFT or currency without the need for a central authority.

The ability to create sellable virtual assets creates an opportunity for web2 gaming companies to differentiate themselves in the market and transition to web3 by providing a more immersive and incentives gaming experience for their users.

Gaming companies leveraging ThunderCore’s blockchain can also ensure that their games are protected from tampering and fraudulent activities, providing a more secure and reliable gaming experience for their users.

Games on the ThunderCore Ecosystem

In line with ThunderCore’s focus on being a powerful foundation for unbound creativity, It is revolutionizing how mobile entertainment apps create value for their users. ThunderCore is an expert in ecosystem retention, so developers are offered opportunities to leverage this value.

On ThunderCore, users can leverage play to earn mechanics, paid participation, and user-owned identity and assets all to help create thriving gaming platforms, economies, spaces, and places for users to have fun and earn in the virtual world. 

ThunderCore is the best place to foster the next generation of blockchain games, with its over 4000 TPS, a fast and cheap means of transacting and an in-built RNG tool which introduces some form of uniqueness to games that are being created.

In ThunderCore’s space, developers get the opportunity to build future-facing retention tactics, design bleeding-edge creative gaming concepts, tap into their own creativity, and come up with positively disruptive ideas that would be fully embodied by the platform.

Developers would also be provided with the opportunity of creating and retaining engaged social communities to drive up engagements and achieve their objectives together. Then, you get to monetise your DApp, which of course is central to every Web3 game. Creating solutions, and making some cool bucks while you are at it. 

Furthermore, developers on ThunderCore can also leverage TT wallet (the native wallet of ThunderCore) to gain exposure to over 400,000 MAU. ThunderCore also actively promotes DApps with campaigns and cross promotions that can provide developers an opportunity to gain more visibility for their projects.

Types of games on the ThunderCore Ecosystem

GameFi

I. Desertopia2: Cryptopia

Desertopia is a healing simulation which creates miniature cycle ecosystems on deserted islands abandoned by mankind.

It is super interactive and also has a web version. Desertopia can be downloaded on iOS (To be released) and google, more about the game can be found on its website.

II. TTFarm 

With TT Farm, if you are a true lover of nature, and agriculture is your thing, TT farm provides you with an opportunity to enjoy your fantasies through its virtual reality game that allows participants to build up their farm with their favourite animals and earn points while at it.

Games of Chance

I. TT Guess 

In this game, you are provided with the opportunity of making calculated guesses and you get to win awesome prizes while at it. Let’s say it’s more of a decentralized odds and betting platform.

II. TT Prize

TT Prize is another platform that allows players to win prizes when they bet on certain odds. Both the winners and losers of the game are rewarded. Staking prize tokens are divided to earn passive income. 

III. SC Games

SC games is more like a casino-inspired one, in which there are leaderboards of users. There are also different games on there which includes VPoker, Slot, Baccarat, Plinko, etc.

Casual Games

I. Snake

Snake is a fun, casual multiplayer game where you can challenge your friends, slither around all you want to see who can be the biggest snake character till the end of the game. It’s mostly played for the fun part of it. 

II. Flappy Machine 

The Flappy bird game was an unexpected hit when it debuted in 2013. It is quite fun, as players are expected to keep a character bird in flight with the use of just a button.

It can be downloaded on both the IOS and google play stores. It has an arcade version even, so you can bet you are in for a great experience on the ThunderCore platform with Flappy. 

The Future of Blockchain Gaming

So how can Blockchain Gaming help, and what is its future? The gaming industry is a rapidly growing segment of the global technology sector, and this makes it a perfect candidate for disruption. 

In the future, players will be able to make in-platform payments and purchase assets in cryptocurrency; and instead of waiting for 3rd party providers to process fiat currency transactions, they can easily buy game collectables. 

Blockchain will be able to provide a safe and secure environment for game developers and entrepreneurs. They will be able to do this through highly powerful data encryption technologies to secure token transactions. 

Blockchain gaming will also enable the projection of value on intangible assets. This means that if any developer manages to build an interactive game that interests people enough, players would not be able to shy away from projecting real value on its intangible digital assets.

With Blockchain gaming, players are able to exert greater control over their favorite game, and also ultimately opens a new territory for developers. Centralized gaming companies are always found in highly competitive environments, and experience is of premium value.

With Blockchain gaming projects, a developer can finally take the time to learn the ropes, develop a Dapp game, and get it out for users to enjoy the experience.

Summary

• The gaming industry is experiencing unprecedented growth as a result of the introduction of blockchain into the sector.

• Blockchain gaming is giving creative freedom back to developers, so they can create mobile experiences for others to enjoy.

• There are also inherent challenges in the blockchain gaming industry. Hacking and a lack of verifiability and transparency are top among these issues.

• ThunderCore is the best place to foster the next generation of blockchain games, as it provides the opportunity to create exhilarating gaming experiences.

• The Future of gaming is solely about providing the best mobile experiences, and offering protection of virtual assets, while also allowing the exchange for fiat currencies without the impact of third-party apps.

Frequently Asked Questions (FAQs)

1. What is Blockchain?

Blockchain is a record of transactions which is done in crypto, and also across computers linked in a peer-to-peer network. It’s the basis of the decentralized financial system that seeks to improve upon traditional systems, amongst the other solutions it is helping to provide.

2. What is Blockchain Gaming?

Blockchain gaming basically improves upon traditional gaming systems by serving as a verifiable and consistent outlet for monetization. It also provides protection for virtual in-game assets and a possible exchange for real-life assets.

3.  What is the game Desertopia? 

Desertopia is a healing simulation game available to play on web version, iOS (To be released) and Google that has also formed a partnership with ThunderCore and its developers. The game was developed using the many features that were provided on the platform.