Cryptocurrencies

What differences? – Cryptocurrencies

blockchain gaming

More and more, the use of blockchains is becoming commonplace in the world of video games. A great deal of marketing communication. However, there are sometimes many abuses of language concerning this recent fusion between the two genres. Between “crypto” and “blockchain” games, there are thus real differences that it is important to identify before investing time or money in these new style projects.

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Introduction

In the cryptocurrency world, there are ways to earn compensation by performing simple actions or tasks. It could range from a simple retweet to writing an article for a project, but it is also possible to earn crypto by playing video games.

The history of crypto and blockchain gaming does not begin in 2017 with theERC-721, but much earlier with Bitcoin, Huntercoin and Minecraft. And yes, there was a time when doing quests in Minecraft or playing minesweeper with other players. allowed to earn Bitcoin.

The term “play to earn”Was thus used to define this new gameplay, associating the completion of tasks in a game with a reward in cryptocurrency.

This way of democratizing crypto had an echo a few years later, mainly with projects hosted on Ethereum. Vitalik Buterin would have – according to legend – had the idea of ​​this blockchain following an arbitrary modification of his character class in World of Warcraft, but did he imagine a few years later to see so many games with immutable gameplay appear?

In this idea of ​​decentralizing the world of video games, two approaches have emerged as two sides of the same coin of (crypto) currency: blockchain and crypto gaming.

What are the differences between these two new genres of gameplay?

Huntercore

Blockchain gaming

The concept is very idealistic: to have a maximum of interactions recorded on the blockchain. Whether it’s equipping a weapon, sending a character on an adventure, or exploring a new room in a dungeon, everything must appear and be verifiable.

It’s obviously on Bitcoin that these first types of games appeared, but since the end of 2017 the number ofdecentralized applications (Dapps) for entertainment has only grown bigger.

The first to have achieved this feat so completely is the game Huntercoin, hosted on the blockchain of the same name, fork of Bitcoin. By completing quests or walking around, it was possible to obtain in-game coins that could then be exchanged for bitcoins.

Huntercoin

Since then, the team has developed an entire ecosystem around Xaya, a new gaming-oriented blockchain and released their flagship MMORPG: Taurion.

When the ERC-721 standard was validated in 2017, it brought a lot of new projects with it. This standard enables the creation of Non-Fungible Tokens, uniquely identifiable assets that are interoperable on the blockchain.

The most popular example still today is CryptoKitties whose simplicity of gameplay and graphics have managed to conquer the internet.

cryptokitties

In 2018, after the madness of the markets and especially the exorbitant costs, it was notably the projects related to NFTs that allowed Ethereum to continue and rebuild its community.

There is for example Gods Unchained, a trading card game where each card is an NFT. The game wants to compete directly Hearthstone by offering a free game where you could sell your cards.

We can also quote Enjin, who wants to create a multiverse where certain NFTs can be used in several different games and offer the possibility of sending multiple ERC-20 and 721. A bow found on a boss in Lost Relic can be reused on one of your characters in Forest Knight for example.

The advantage and the disadvantage of the ERC-1155 is the possibility that it allows to change the metadata. This gives a “semi fungible token” which leaves more flexibility for developers but less control for players.

Or else Decentraland, a virtual world where every piece of land or clothing is NFT. The project has been engaging its community since 2018 to try out different interactive aspects by offering distributions of $MANA for testers.

Even if Ethereum is king in this area, two other blockchains have still tried to compete with it: EOS then WAX.

EOS has managed to register all of the shares in Eos Knight, an idle-RPG. Despite operating in Proof of Stake allowing faster transactions, unwanted blockchain spam by a social network eventually saturated the equivalent of bandwidth making actions in games impossible.

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Thanks to the dGood standard, the transfer of NFTs is made possible but their exchange will only be limited to the perimeter of the game.

For lack of a sufficient catalog, EOS will be gradually deserted by players, until the creation of WAX in 2020. Blockchain specializing in NFTs but using the same architecture as EOS, it has recently partnered with Atari.

Although a few projects have already migrated to it, WAX is still very new in the ecosystem and still has some way to go before it reaches the level of Ethereum.

To sum up, in the notion of blockchain gaming the value of game rewards will depend on a secondary market entirely owned by the players.

Crypto Gaming

Crypto gaming is a concept that only concerns itself with a single action on the blockchain: the reward.

Not to mention the many “Faucets”Which offer with very simplistic gameplay (and by watching a lot of advertising) to win a few satoshis, in its beginnings Bitcoin very quickly saw games which were developed to reward crypto players.

gambit

One of the first experiments was Gambit, which managed to organize tournaments of Monopoly or from Minesweeper with Bitcoin rewards at stake. The success was such that Gambit was subsequently forced to limit the rewards.

The next one was Bitquest, where a server on Minecraft allowed bitcoins to be mined, thereby distributing block rewards to players.
The servers had to stop running due to the constant increase in mining difficulty but it seems others have taken up the concept for easier to mine cryptos like Dash or Dogecoin

Unlike blockchain gaming, where the focus is more on adding value for the entire ecosystem, crypto gaming is more about introducing the rest of the world to cryptos.

spell of genesis

One of the key media on which this goal can be easily achieved is obviously mobile and that is Spell of Genesis who managed to publish a game on the stores in 2016.

Still online today, the game offers cards that can then be resold in a secondary market.

A few years later it was Crypto Idle Miner which arrived, offering players to run a crypto mining farm. Each player’s ranking is rewarded seasonally in $HORA, which can then be exchanged for TRX.

Crypto Idle Miner is a bit of an exception to the nicknamed “blockchain casino” since all (or almost) dapps on this blockchain are games of chance with a “provably fair” design.

This term means that you will be able to see in any explorer that the stated odds of winning are met. Somehow this is a category of game but quite different from what it would be wise to advise for someone who wants to play with crypto.

mintgox

It will not be until 2019 that the Lightning Network be used to reward players in satoshis. This is particularly the case with the game Bitcoin Bounce where on a daily basis, a raffle takes place to determine the amount of satoshis distributed.

On the strength of this initiative, the creation of a regular event appeared, Mintgox. Bringing together the games distributing satoshis to participants, it is no longer just tournaments that are organized but quite simply almost free distributions of satoshis during these events.

Time to play

Whether it is blockchain or crypto gaming, one thing should not be forgotten: the game itself is not hosted on a blockchain. All the graphic renderings, the generation of the rules or even the gameplay mechanisms are still centralized on a warm server.

If tomorrow the servers were to close or in the event of an exit scam, the tokens that will be in your wallet will no longer have any value. Unless a team decides to take over the project so that they can reuse the related assets. Moreover, the success of projects still depends very much on the community that is formed around a project.

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Thus, and in the same way as for any crypto investment, it is important to do preliminary research on the feasibility of the project and on its seriousness!

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