Blockchain facilitates the notion of “play-to-earn,” in which players have the opportunity to generate tangible rewards through their engagement in the game. Smart contracts on the blockchain enable users to transact, offer for sale, or employ their in-game assets beyond the confines of the gaming environment.
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IYFUSA Group
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At its core, Blockchain's impact on online gaming involves the integration of blockchain technology into video games. This integration brings several transforming elements, including decentralized ownership of game assets, transparent and safe transactions and the introduction of new economic models, such as “play to earn”.