«Imagine countless millions of players competing and cooperating in decentralized virtual realities that run serverless and unstoppable. In provably fair environments, they use their skill and intelligence to harvest resources and acquire rare artefacts that hold signi cant real world value…»
It is 2018, time of the blockchain mainstream adoption almost in all online industries. And, of course, the one of the biggest among them — gaming industry is not an exception too. The first attempts to built-in blockchain technology in games have been since 2013, but this issue is still wide open for innovations and improvements.
What blockchain technology can bring in this huge, rich and strong industry? I think, that among most important advantages are: truly decentralized massively multiplayer universes; true and fair virtual item ownership with simple and safe trading and sharing; rapid and cost effective game concept to market for a wide range of new massively multiplayer games and games in general; game release in less time and for less money without worrying about infrastructure costs (such as servers) and recurring costs (such as account administration); fast and easy issue own game currency that can be traded for other game coins or assets.
Scaling of games which built on blockchain technology is much higher than in ‘centralized’ games and don’t require many huge and expensive servers. And no doubt, it’s perfect and needed solution for gaming industry but scaling is the major difficulty for each blockchain. So, what to do with it? Chimaera.io have solution of this problem! They have overcome this with breakthroughs in Trustless Off-chain Scaling for games (Game Channels) and Ephemeral Timestamps and will continue to invest strongly in this important eld.
I should to say that Chimaera team is the most famous and experienced team which have built game on blockchain. In 2013, they developed and successfully deployed the Huntercoin experiment. This achieved a number of world including, but not limited to: the world’s decentralised massively multiplayer game; the world’s game world built entirely on the blockchain; the world’s human mining permissible cryptocurrency.
Huntercoin was a proof of concept to develop solutions to the technical challenges and to test the market. It was successful experiment and within just a few months of launch achieved over 35,000 simultaneously controlled characters in the game despite a low profile launch, and despite requiring some specialist hardware (i.e. solid state drives, which were uncommon at the time) and a reasonable level of technical know-how from the gamer.
Huntercoin was largely autonomous and required no servers or other infrastructure. It achieved a market capitalisation close to $1 million within just a few weeks and peaked to around $6.3 million in 2017. The Huntercoin experiment served its purpose several years ago, and this ‘hobby project’ provided a number of world leading insights into blockchain technology, including publication in the blockchain journal ‘Ledger’.
And now Chimaera team aim to create own, huge, honesty and fully decentralized game building platform which addresses both the existing gaming and cryptocurrency markets and further creates an entirely new market in the process through games created on top of the blockchain. The targets are developers and gamers, by providing an easy to use and cost effective publishing platform.
There are two major aspects to the problem being solved:
For developers . Time and cost from concept to market for many new and independent developers is often prohibitive. It is commonly known that the majority of these developers are unable to reach the gaming market because of the aforementioned constraints. With appropriate developer tools and using the blockchain to create decentralized autonomous game universes, with a 24/7 uptime, the costs and setup time associated with servers or cloud based services are eliminated, as are the recurring costs, such as user account administration. This democratization of game development through the blockchain will usher in a new era of game development as well as create new gaming genres. However, there are technical challenges relating to scalability associated with increasingly rich and complex universes within MMO games, as well as scaling challenges associated with cryptocurrencies and asset storage ledgers. These challenges are often underestimated, including in other emerging virtual asset storage ledgers.
For gamers . In general there is a growing desire for increasingly rich virtual gaming universes in which virtual asset ownership is important for gamer status and progression through a particular game. In addition, the time and effort expended by the gamer could be rewarded beyond simple enjoyment alone and through the exchange of in-game virtual items for real world value or for virtual items available in another game. This represents a challenge on two fronts. The rst challenge is that a truly scalable and real or near real-time asset storage ledger is required for the gamer independent of the games they play. The second challenging requirement is to create a means of managing ownership and sharing in increasingly complex game universes, like those in typical MMO games. Over time and given the likely high value of many virtual assets and the gameplay itself, it will be critically important to ensure ‘provably fair’ gameplay and ‘provably fair’ item acquisition, which is not addressed in other emerging asset trading platforms.
The Chimaera platform will provide a wealth of tools and infrastructure for game developers to build their own game worlds that t their vision and project. They can fully leverage the Chimaera technology to build decentralized games and issue their own game currency that can be traded for CHI or other Chimaera game coins/assets secured by the Chimaera blockchain.
The Chimaera Project is comprised of the original creators of blockchain gaming, experienced game developers, and blockchain and business experts and they are only started their world wide expansion. I think that already in a couple years we will watch a full-scale turn of the gaming industry to the side of blockchain and at the head of this coup will be the Chimaera team.
You also can read about many other technical solutions in implementation blockchain technology in gaming industry and about Chimaera ecosystem as a whole and many others characteristics in Chimaera Project White Paper. There are a lot of interesting and useful information which you should read if you are interested and want join this big tech gaming revolution.
Useful and mandatory links for to learn more about Chimaera:
Website: https://chimaera.io/
Whitepaper: https://chimaera.io/downloads/Chimaera_White_Paper.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=1784048.0
Telegram group: https://t.me/joinchat/GDOGBQ6un-u_BaqJxCwbkw
Twitter: https://twitter.com/chimaera_tech
Facebook: https://www.facebook.com/chimaeratech/
Reddit: https://www.reddit.com/r/chimaera/
Medium: https://medium.com/@Chimaera_Tech
LinkedIn: https://www.linkedin.com/company/18216465/
My bitcointalk username: NakiRR
Link to profile: https://bitcointalk.org/index.php?action=profile;u=1169542