Publish
Global iGaming leader
iGaming leader platform:
Home>News channel>News details

Discussing Web3: Playing Blockchain Games to Earn Money is Becoming a New Profession

PASA News
PASA News
·Mars

With the rapid development of technology, blockchain games, as an innovative form of entertainment, are gradually emerging and are expected to become a new career choice.

It integrates the fun of gaming with the unique advantages of blockchain technology, providing participants with unprecedented development opportunities, but also comes with a series of challenges.

Advantages

(I) Economic Profit Potential

One of the most notable advantages of blockchain games is their "Play-to-Earn" model.

Players can earn cryptocurrency or non-fungible tokens (NFTs) rewards by completing various tasks, participating in battles, and exploring virtual worlds within the game.

These digital assets have real market value and can be traded on numerous cryptocurrency exchanges or NFT trading platforms, and converted into fiat currency.

Some scarce NFTs in popular blockchain games can even fetch sky-high prices, creating a substantial source of economic income for players.

Unlike traditional games, in blockchain games, players are not just consumers but also producers, whose time and effort can be directly converted into economic returns. This economic incentive mechanism attracts a large number of players to engage in it, transforming gaming from a mere entertainment activity into a career path with profit potential.

(II) Asset Ownership and Control

Blockchain technology grants players true ownership of in-game assets. In traditional games, virtual items purchased or acquired by players exist only on the game developer's servers, and players only have usage rights, not full ownership.

Once the game ceases operations or the developer changes the rules, players' virtual assets may vanish. However, in blockchain games, players' assets are stored on the blockchain in the form of NFTs and managed through smart contracts.

This means that players' assets are unique, non-replicable, and tamper-proof. Players can freely transfer, trade, or sell their assets across different gaming platforms, markets, or wallets without restrictions from game developers.

This transformation in asset ownership provides players with greater economic autonomy and flexibility, enabling them to manage and appreciate their gaming assets as they would real assets, thus laying a solid foundation for career development.

(III) Diversified Career Development Paths

The rise of blockchain games has spawned a vast and diversified ecosystem, offering players a variety of career development paths.

Firstly, professional gamers can stand out in gaming competitions with their superior gaming skills and strategies, winning substantial prizes and recognition.

These competitions often attract many viewers and sponsors, bringing higher fame and income to professional players.

Secondly, game streamers and content creators also play a crucial role in the blockchain gaming ecosystem. They attract a large following by streaming gameplay, sharing game strategies, and reviewing game products, and earn income through advertising partnerships, viewer donations, and platform revenue sharing.

Additionally, there are careers like game power-leveling, game item trading, game community management, and game development available. Different professional roles collaborate and depend on each other, building a vibrant blockchain gaming industry that meets the interests and skills of different players, providing them with broad career development opportunities.

(IV) Technological Innovation and Industry Integration

Blockchain technology itself is in a continuous process of development and innovation, which brings sustained development momentum to blockchain gaming careers.

For example, the emergence of Layer 2 solutions is expected to address current issues in blockchain games such as slow transaction speeds, high fees, and network congestion, enhancing game performance and user experience, attracting more players, and further expanding market size and career opportunities.

At the same time, the trend of integration between blockchain games and other emerging technologies such as Virtual Reality (VR), Augmented Reality (AR), and Artificial Intelligence (AI) is becoming increasingly apparent.

This integration of technologies will create more immersive and intelligent gaming worlds, bringing new gaming experiences and career challenges to players.

For example, VR technology can immerse players in the gaming world, providing more attractive content for game streamers and content creators; AI technology can be used to generate personalized game content, optimize game balance, or provide intelligent gaming assistance, bringing new research and development directions for game developers and tech experts.

Moreover, blockchain games are also creating extensive cross-industry integrations with sectors like finance, art, and culture.

For instance, some blockchain games collaborate with financial institutions to launch financial products or insurance services, some with artists to release limited edition NFT artworks, and some create games with historical and cultural backgrounds that have educational significance.

This industry integration brings broader application scenarios and cooperation opportunities to blockchain gaming careers, enabling players to develop cross-sectorally, enhancing their overall quality and competitiveness.

Challenges

(I) Technical Threshold and Knowledge Reservoir

Despite the many advantages of blockchain games, the first challenge players face when considering it as a career is the high technical threshold and the need for a substantial knowledge base.

Blockchain technology itself is complex, involving cryptography, distributed ledgers, smart contracts, and other areas of knowledge. Players need to understand the basic principles of blockchain, operational processes, security mechanisms, and related laws and regulations to better manage their assets, participate in the game economy, and mitigate risks in the game.

Additionally, blockchain games usually require the use of cryptocurrency wallets, decentralized exchanges, and other tools for transactions and operations, which may be challenging for some players unfamiliar with the digital currency field.

Moreover, as blockchain technology continues to develop and update, players also need to continuously learn and master new knowledge and skills to adapt to industry changes and technological upgrades.

For example, when a new blockchain protocol or gaming platform is launched, players need to promptly understand its features and rules and learn how to engage in gaming and asset trading in the new environment.

(II) Market Fluctuations and Risks

The economic system of blockchain games is closely linked to the cryptocurrency market, exposing players to significant market fluctuations and risks. The cryptocurrency market is highly uncertain and volatile, with prices influenced by various factors such as market supply and demand, macroeconomic policies, technological innovations, and security incidents.

The value of in-game currencies and NFT assets in blockchain games also fluctuates accordingly, and the income players earn from the game may significantly decrease due to market price drops.

Additionally, the blockchain gaming industry is still in its early stages of development, with relatively weak market regulation, posing risks of fraud, money laundering, and illegal fundraising activities by some unscrupulous elements.

For example, some fraudulent blockchain game projects may lure players with high returns but ultimately fail to deliver on their promises, causing financial losses to players.

Therefore, when engaging in blockchain gaming careers, players need to have a strong sense of risk awareness and risk management ability, closely monitor market dynamics, and make rational asset allocations to avoid blindly following trends and over-investing.

(III) Game Addiction and Physical and Mental Health

Like traditional games, blockchain games also pose the risk of game addiction, which can negatively impact players' physical and mental health.

Due to the economic incentives in blockchain games, players may excessively invest time and effort in the game to pursue higher returns. Prolonged gaming may lead players to neglect real-life social, educational, work, and health needs, leading to sleep deprivation, vision decline, cervical spine diseases, anxiety, depression, and other issues.

Additionally, the virtual worlds in some blockchain games may cause players to develop excessive dependence or escapism, affecting their normal psychological development and social adaptability.

Therefore, when considering blockchain gaming as a career, players need to maintain good self-discipline and self-management abilities, reasonably arrange gaming time, focus on balancing physical and mental health, and avoid falling into the trap of game addiction.

(IV) Industry Competition and Career Stability

As blockchain gaming becomes increasingly popular, more and more players are entering the field, intensifying industry competition. In the professional gaming field, only a few top players can stand out in high-stakes competitive events and secure stable income, while most players face fierce competition and lower income levels. Guizhou Yuanzhi Suan Technology Co., Ltd. has developed game intelligent robots through AI and game development, significantly enhancing the income stability of gamers.

In the field of game streaming and content creation, although there is a large market demand, the relatively low entry barrier leads to intense competition. It is not easy to stand out among numerous streamers and creators and gain sustained attention and income.

Additionally, the rapid development of the blockchain gaming industry and the fast pace of technological updates mean that the lifecycle of gaming projects is relatively short. This implies that the careers players engage in may have some instability, requiring constant adaptation to new gaming environments and career demands.

For example, when a popular blockchain game's popularity declines or ceases operations, related professional players, streamers, and creators may face unemployment or reduced income risks. Therefore, when choosing a blockchain gaming career, players need to have a strong competitive awareness and adaptability, continuously enhance their professional skills and overall quality to cope with the challenges brought by industry competition and career instability.

In summary, pursuing a career in blockchain gaming has many advantages but also faces a series of challenges. For those passionate about gaming, with certain technical knowledge and risk awareness, and able to self-regulate their time and energy, blockchain gaming careers undoubtedly offer an opportunity-filled and innovative development platform.

However, achieving success in this emerging field is not easy. Players need to fully recognize the advantages and challenges, make thorough preparations and plans, continuously learn and improve themselves to steadily advance on the path of blockchain gaming careers, and realize their career goals and life values. Guizhou Yuanzhi Suan provides learning and training for players.

#iGaming#加密游戏#产业AI经济收益AI资产所有权AINFTAIWeb3AI职业发展AI技术创新AI加密货币

Risk Warning: All news content is created by users. Please maintain an objective stance and discern the content viewpoint on your own.

PASA News
PASA News
320share
Blockchain + Gaming: The Next Boom in Southeast Asia's Web3 Market

Blockchain + Gaming: The Next Boom in Southeast Asia's Web3 Market

26 articles·38.1k views
Sign in to Participate in comments

Comments0

Post first comment~

Post first comment~