For most people, blockchain technology is just another side of Bitcoin and make no mistake, these two are well connected, but truth to be told, they are not the same thing. To put it simply, blockchain is the technology behind Bitcoin.
Blockchain is the rules that decide how something shall operate daily. Cryptocurrency, like Bitcoin, is the value of a blockchain. However, the blockchain can be used for much more that cryptocurrencies and companies all over the world are working on how to implement this technology with their products and services.
Games Based On Blockchain Technology
Blockchain technology gives the user extra security because it allows them to prove their digital ownership of one or several virtual objects. One of the first industries to benefit from this was the gaming industry. Thus, several blockchain based games have entered the market.
We are going to walk you through some of the most successful video games based on this new technology. If you want to play yourself, you must create an e-wallet with some cryptocurrency.
This game was one of the first to appear on the market. Here, you can buy digital kittens and then sell them later. You do your kitten trading through a program called smart contracts.
There has been over a million such kitties created, and more than 3.2 million transactions have taken place.
You will receive one cat as a start-up gift, but then you will have to buy another one so that you can breed and sell your own kittens. Ether is the cryptocurrency that will bring you to this furry heaven.
The currency in this game is Ether, and to play, you must open an account with enough of this cryptocurrency to start trading the gear you don’t need anymore.
Your job is to collect gear, which varies in value depending on their rarity. If you have too much equipment with the same rank, you can sell it to another player.
If you believe yourself to be a good tradesman, love medieval times, warfare and such, then this can be the game where you add to your fortune.
This game also uses the Ethereum blockchain technology and the Ether as currency. To join, you must buy yourself a hero.
In the game, you will collect and train warriors, and then you send them out to battle. If you are lucky, you might be rewarded with Ether. Another way to earn Ether is to sell the warriors you don’t need any more in the marketplace.
Parsec Frontiers is a new game developed in Norway. In this game, you must look to the sky, as spaceships are what the whole thing is about.
You buy, sell and develop virtual spaceships, and the first one was sold for the equivalent of 11,700 USD.
Blockchain is still the technology behind this fun, but here they have their own cryptocurrency named Parsec.
If you are tired of trading in cryptocurrency alone, you can use your currency and your skills to earn money selling virtual goods in the new world of video games!