Blockchain and AR is Revolutionizing the Gaming Industry
The majority of these new games involve the integration of game graphics and audio content with a player's environment in real time. This phenomenon is called Augmented Reality (AR).
Working with the GPS application of the mobile devices, game players are designed to finish tasks and quests around their immediate physical environment. Such games have a method of acquiring several associated benefits to participants depending on the game's chief dynamics. Exploring one's immediate surroundings is what a lot of people hardly engage in. To do so dependent on the motivation of some form of benefits or challenge makes it a fascinating and ordinarily captivating system of exploration.
Being a new kind of technology and in its innovative stages, AR is discovering a lot of different execution in the gaming industry that mirrors real life processes. Some are set in the early existence of several ages past, while others are set in the present day living or projection of future existence. Beyond the timeline, these setups are also organised to represent specific industries, ranging from politics, to trade, real estate, culture, e.t.c.
A typical example of AR implementation is that the Mossland Reality Reflection which is a location-based Augmented Reality (AR) mobile game that's based on real estate. This gives other users the ability to buy and sell real estate properties in the Mossland virtual world. The game utilizes a blockchain-based cryptocurrency to facilitate trades, purchases and sales by users of in-game properties, emulating the real-world property market in the sport and giving players a new way to interact with one another.
Temple Treasure Hunt is just another example where Indian mythological characters come up as treasure guardians in a game that uses real map of a location. This geolocational game centres around mystery lovers who play roles of either treasure protectors or treasure seekers.
Various AR games abound in today's gaming ecosystem, but the intriguing element is the way blockchain execution is enabling the transfer of actual value throughout the gaming ecosystem. In one of the cases mentioned above, mimicking the real-life real estate market involves actual trading and other commercial exercises. Being connected across a worldwide network automatically requires a reliable platform where transactions can be protected and transparent.
Value Extraction in Gaming
Blockchain in the gaming world enriches the value of tokenization since it offers the flexibility that's needed to connect people across different countries and cultures. Blockchain tokens (for instance, Moss coin to Mossland) functions as the universal unit of value transfer which affects the liquidity that is necessary in the gaming market. Be it for purposes of auction or reward, the underlying tokens remain the connecting units that allow the fulfillment of gaming contracts.
In order to extract real value from any gaming marketplace, blockchain will always play an essential role. These tokens are cryptocurrencies that could be exchanged for other cryptocurrencies or fiat in order to derive usable value. Apparently, Blockchain and AR are practically causing a total revolution in the way gambling is translated. Unlike previously when gaming was largely about fun and recreation, several tangible benefits are currently being attached to the experience today.
Beyond the social values of linking individuals from other areas of the globe, Blockchain and AR are taking gaming to another level. Education, exploration, research and commercial benefits are simply a few of the values that are now being extracted from within the ecosystem.