Why community is the foundation of Blockchain Gaming
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According to a recent report by Technaviois the global gaming market predicted to grow by USD 125.65 billion, expanding at a CAGR of 12.40% from 2020 to 2025. The integration of blockchain technology into gaming apps is a significant contributor to driving the market forward.
Blockchain-based gaming has revolutionized the digital entertainment industry, while creating never-before-seen opportunities for players around the world. The burgeoning sector may have only grown in recent years. However, the amount of blockchain-based games has recently increased, opening up new opportunities for companies looking to create decentralized gaming apps and players looking to participate in an immersive community.
Blockchain gaming is driving the market forward due to its revolutionary approach to gaming that allows players to monetize their in-game progress and achievements. This is a first-of-its-kind move for the industry, allowing players to be rewarded for playing with digital assets that can then be sold on open marketplaces for other cryptocurrencies.
Amid the many benefits of blockchain gaming, including improved security, transparency, and accountability, its growing popularity is also attributed to the sense of community inherent in blockchain gaming.
Without players, games simply wouldn’t exist. But in-game monetization strategies and the relationship between traditional game publishers and players are often controversial, with the publisher taking most of the profits.
This is how the decentralized nature of blockchain gaming aims to revolutionize gaming. Not only do blockchain game publishers offer players enhanced management capabilities, but they also offer established in-game financial ecosystems that allow players to generate additional income.
Method MetaGuild is one of these ecosystems that aims to unite blockchain players worldwide, championing competitive excellence while shaping virtual worlds and creating opportunities for blockchain players, scholars, creators, esports players and community members to be discovered and rewarded for their metaverse contribution.
The platform’s vision is to shape a future where everyone in the metaverse is rewarded for their contributions “because the community is and always has been the heart of the gaming ecosystem,” the company says in its whitepaper – a decentralized approach to gaming that the company grounds in its mission. “As a blockchain gaming guild, we want to build a global community where blockchain players, creators and esports players can maximize opportunities for growth,” the company says.
To ensure that the platform provides an unparalleled environment with a hyper-focus on community, the ecosystem aims to lead, educate, compete, create and collaborate to enable the best possible outcomes for the larger blockchain gaming community.
“Together with the community and our partners, we will unlock the full potential of blockchain gaming by elevating gaming, creating a sustainable esports ecosystem and fostering continuous industry progress to ensure we thrive together.”
To learn more about Method MetaGuild and its revolutionary new platform that aims to disrupt the blockchain gaming space, visit their platforms:
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