Table of Contents
Earning by playing games! This is how you can make money from cryptocurrency gaming
Introduction
This new trend is of online gaming. Online games were there before, but cryptocurrency was not in vogue. Ever since digital currencies like bitcoin and ether entered the market, the scope of online gaming has expanded greatly.
Buying and selling of cryptocurrencies is now common. Many businesses today are based on cryptocurrency. In view of this, the gaming industry is also dominated by cryptocurrency or virtual currency.
What is Crypto Gaming
This new trend is of online gaming. Online games were there before, but cryptocurrency was not in vogue. Ever since digital currencies like bitcoin and ether entered the market, the scope of online gaming has expanded greatly.
In the gaming industry, such games are now being made, which can be given cryptocurrency, but not money, to take or play. If the game is online, then its payment will also be done in online cryptocurrency and the payment will be made.
If the game is online, then its payment will also be done in online cryptocurrency and along with the payment, the earning of the gamer will also be very high. During the Corona period, there is hardly any part or business of the world which has not been affected.
But the business of gaming is so strong that it has seen more than double-digit growth. People were imprisoned in their homes in lockdown and spent days with video games. So video game companies benefited in crores. Among these companies are the names of companies like Sony, Tencent, Nintendo, and Microsoft. Sony has left all these companies behind in terms of earnings.
Blockchain
There is a lot of under-the-table corruption and what happens inside this corruption is a lot of black money transactions Now the record of all these transactions must have been stored in some database or the other. But why don’t we consider that database to be reliable?
First reason we don’t have access to that database and the second reason is that the administrator of that database can go and change that database at any time. That’s why we took a system that is decentralized, meaning a person does not have his authority but shares it with everyone .And if it becomes impossible to change or modify another, then if we can trust such a system more, then such a database is blockchain.
Blockchain came in 1990 when its research started but it was actually implemented In 2009, Satoshi Nakamoto created Bitcoin as Blockchain. Since then, the crypto currency that has bloomed came into the world. Since then, the crypto currency that has bloomed came into the world. Now understand block chain in easy language Like there are many records in a shop, which goods came, which goods went, who has what. We call this record book as ledger, then blockchain is the same ledger And his every single record is a single block.
Crypto gaming trends
As computer and mobile gaming has increased in the world, crypto gaming is also witnessing a boom. Looking at the recent trends, crypto gaming has replaced traditional gaming.
The reason for this is that in traditional gaming, there is no opportunity to earn with the game, but you can also earn a lot of money by playing in cryptocurrency gaming.
A report has revealed that 75% of people playing online games want to be able to trade with cryptocurrencies on the same platform on which the gaming facility is available. on the same platform.
Advantage of Crypto Gaming
It is already clear that in order to buy and sell cryptocurrencies, you must have a digital wallet. This work can be done only and only on crypto exchanges. The gaming industry took advantage of this
The gaming industry has taken advantage of this. Crypto gaming has also been calculated in the same way as coins are earned in playing Candy Crush or Monopoly.
Along with playing in crypto gaming, you can also do business of crypto, which earns you. Similarly, crypto gaming provides cryptocurrency that can be deposited on the blockchain. Then it can be sold through this blockchain With gaming cryptocurrencies, you can trade any other cryptocurrency and transfer it to earn real money or fiat money.
How can we earn money from Crypto Gaming??
The gaming industry is also benefiting from this. Whenever a person playing the game buys a crypto asset in online gaming, some part of it also goes to the gaming company.
Axie Infinity, Crop Bites, and Gods Unchained are popular online games that you can play and earn a lot of money . Crop Bites is a completely desi online game. This is a farm simulation game in which the player can increase his portfolio by earning NFTs and crypto.
Currently, 80,000 players use the Crop Bytes game. This is such an online game site on which there is a chance to earn money from crypto and crypto from gaming.
Conclusion
So we come to know that crypto gaming is a through which we can earn money by playing online games without any risk. And it is the best for online gamers because they can easily invest through crypto without any hesitation.
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