Driving mass adoption with cutting-edge technology can be difficult. Unfortunately, crypto and blockchain are not different.
Both have faded into relatively low profile within their niche communities for years and have only just started to enter the mainstream in the last few years. While it has proven to be a daunting task so far, initial reports suggest that both industries are trending upward despite significant price declines.
Chainalysis Global Crypto Adoption Index obviously hired – based on transfer value and volume – surged 880% between Q2 2020 and Q2 2021.
Crypto.com predicts the number of global crypto holders in January 2022. will reach 1 billion by the end of the year.
in June 2022 reportBlockware writes that global Bitcoin adoption will reach 10% of the planet’s population by 2030.
Sentiment towards blockchain technology remains bullish, especially as distributed ledger technology continues to make strides in traditional industries. For example, Mastercard’s vice president of product development and innovation argued in May that mass adoption of cryptocurrencies and blockchain would happen sooner or later.
Go further, Harold Bosse claimed Startups need to look at ideas that don’t exist and build their businesses around crypto and blockchain.
How P2E Gaming Shakes Up Traditional Industries and the Blockchain World
Bosse’s innovation strategy is already well known in the emerging and energetic world of GameFi, where players enjoy and challenge blockchain-based games. collect rewards along the way Due to the Play-To-Earn (P2E) model.
Blockchain-based gaming platforms are snowballing even as the crypto market continues to fluctuate.Many gamers are looking to replace traditional gaming models that reward developers rather than users. have been looking for for a long time.
In contrast, the P2E model allows gamers to earn rewards in real-world value such as tokens, virtual land, NFTs, and other digital assets. Many see the P2E model as empowering and returning value to the user. P2E also allows gamers to move assets outside the platform’s digital world.
This model has already changed lives for many. In some cases, Filipino workers have reportedly collected twice, and even triple, the local minimum wage while playing his game on blockchain. As of early August 2022, 40% of Axie Infinity’s player base was from the Philippines.
July on DappRadar industry reports Highlighted blockchain-based games. The report notes that his dApps in gaming contributed to his 60% of his blockchain activity in July, a record high at the time of publication.
According to DappRadar Research Director Pedro Herrera: “With the availability of related gaming events such as Sandbox Alpha Season 3, Illuvium’s Beta Gameplay, Gala Live Games, and Axie Infinity’s Landstakes, Web3 Games will be an industry powerhouse in the coming months. It is shaped like
Blockchain gaming platforms look to drive adoption as more people turn to digital assets
With more than a third of the world’s population playing games, many believe blockchain’s huge potential will drive continued adoption in the cryptocurrency and blockchain space. . For example, in one survey 48.6% of cryptocurrency owners said they would consider using cryptocurrencies for online gaming and gambling.
projects like historical materials We are looking to capitalize on these trends with our P2E trading card game platform. The platform offers users immense social potential coupled with opportunities to earn rewards and compete with each other.
Shiryo users work to build NFT decks and participate in vast metaverse environments with other players. Users can compete in card bets, avatar bets, and tournaments to earn money, interact with other players, and climb the ranks while challenging and defeating opponents within his immersive Shiryoverse. increase.
Blockchain P2E gaming platforms like Shiryo continue to be popular as users flock to models that reward their efforts. Gaming will likely be the biggest driver of blockchain adoption as crypto enthusiasts (and those outside the industry) seek to engage in new, fresh and empowering gaming experiences.