The Evolution of Online Gaming
The Punters Pick #4 – We detail how the online gaming industry has evolved from a recreational pastime into a full-fledged career path
Online gaming has evolved from the pastime of a small number of advocates to a large global industry that attracts the attention of growing numbers of netizens. The industry initially emerged as an entertainment or recreational outlet. Today, a growing number of gamers are turning their pastime into full-time careers and monetizing their activities in versatile ways.
The advancement of the online gaming industry is underpinned by a myriad of innovative technologies that have radically improved the gaming experience. Improved internet speed and stability, more sophisticated technologies, and more monetization strategies act as tailwinds propelling the industry’s growth.
In the latest version of The Punters Pick, we highlight the emerging opportunities for online gamers. We also detail how blockchain technology is playing a critical role in facilitating such opportunities.
Versatile Careers Emerge in Online Gaming
An entire industry has emerged around online gaming. Game developers, players, host companies, tournament organizers, fans, marketing companies, and many more are all integral parts of the online gaming industry. Most of these entities have the opportunity to generate revenue in the industry.
An entire industry has emerged around online gaming. Game developers, players, host companies, tournament organizers, fans, marketing companies, and many more are all integral parts of the online gaming industry. Most of these entities have the opportunity to generate revenue in the industry.
Some of the organizations offering this kind of scholarship include Dr. Randy Pausch Scholarship, Karrlin Field Memorial AI Scholarship, and Sportsmanship in Esports Scholarship, among several others. This development highlights the increased professionalism associated with online gaming.
Blockchain Will Further Advance Online Gaming
As the evolution of online gaming continues, more innovative gaming methods are being introduced. These are expected to trigger a new wave of explosion in the gaming industry. The introduction of blockchain-based games has changed the dynamics inherent in online gaming. It has generated novel opportunities for gamers to generate revenue. Moreover, it has allowed gamers to secure a greater degree of control over their in-game assets. It’s permissionless nature makes it accessible to all, making it particularly attractive to those that may struggle to meet the high costs or KYC associated with many centralized gaming corporations.
CryptoPunt is an emerging blockchain-based gaming platform that provides such permissionless features to users. Users can quickly register with no KYC and enjoy a suite of highly demanded games. Underpinned by the Ethereum blockchain, CryptoPunt allows its users to maintain complete custody of their assets. The platform is lined up to release its own suite of proprietary games with virtual worlds and in-game economies.
Online Gaming to Continue Evolving
Online gaming will continue to evolve. It is undeniable that blockchain will play a critical role in this evolution. It’s decentralized and permissionless provides a myriad of upsides that online gamers simply can’t ignore. As the industry continues to grow, decentralized gaming platforms are anticipated. to account for a greater share of the overall industry.
About CryptoPunt
CryptoPunt is a next-generation gaming and gambling Dapp. Underpinned by the Ethereum blockchain, CryptoPunt is positioning itself to be the leading blockchain-based gaming application. Users can start gaming in less than one minute with no KYC or registration process. CryptoPunt will offer a broad suite of games, including an option that has a virtual world and in-game economy.
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