There is not doubt by now that gaming is a legitimate industry. Namely for gaming companies and retailers that are licenses to sell the games, etc.
For a long time as the gaming world grew, the only real way to earn a living was to work for a game company or become a super esports gamer and get into the professional leagues.
Blockchain Games Making Waves
Well here is yet another industry that blockchain is disturbing like a fat boy doing a cannon ball into a peaceful pool from a diving board, lol.
The gaming world has been turned on it’s head by the play to earn games that are erupting on the scene. NFT based games where you own your gaming pieces are causing a huge stir. If you are on Hive you know this because every other post on the feed these days is a Splinterlands post, lol.
Splinterlands isn’t the only game in town but they are certainly doing allot of things right. Now of course there are flaws in everything, but for the most part, if you do things right, you can make some decent loot and make it into a fairly solid side business. Or if you are that kind of degen, you can make it a full time gig.
Mixing Gaming With Business, This Is Where The Hustle Comes In
With games where you can own your own pieces, it gives you the ability to rent out those pieces like in Splinterlands and earn passive income, and if you have the right cards, that can be a decent amount of money as it adds up.
Not only renting, but you can flip cards for a profit on the various markets. This is t just a Splinterlands thing, this stems to most of not all NFT based games out there on the various blockchains.
DCity is another example of a GameFi situation. It is literally nothing but a numbers based DEFI game where you can earn all kind of various tokens for just simply owning MFT game pieces like houses and various businesses.
The Key Is Use Case
The reason that GameFi will eventually play a massive role in the overall DEFI industry is because it brings a usability to the finance world other than just numbers go up or down.
Let’s be real, DEFI is really confusing and boring for most people. They simply just don’t get it and even lost people that are in it just look at a platform once or twice a day to harvest rewards. But investing in a game that they can play and earn even more while playing and then turn those rewards into a cash flowing investment… That people can understand and get behind. It’s something tangible for allot people.
When you build in gaming with finance, then you have a platform that can actually bring use cases and add some activity ti the DEFI sector.
With FPS games like PsyberX on the horizon, where you can really get in for some game play action instead of just the strategy type games, things are going to get real interesting in the future.
The Excitement Is Uncontainable
GameFi is making us extremely excited for the future of the space. As more and more games come around, the regular gaming world is going to have to take notice. We certainly have and jumping in with everything we have!
Are are on that gaming hustle?
Tell us your thoughts on the bidding industry and are you watching g from the side lines, dipping your toes in, or are you full blown diving into the deep end, polar bear club style? Lol!
Let’s start the conversation in the comments! What kind of games would you like to see on the blockchain?
Keep calm and Hustle on!
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Check out our multi-token DEFI ecomomy: https://hivehustlers.com/token-economy
