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What Makes Crypto Games So Popular?

What Makes Crypto Games So Popular?

Ever since Bitcoin became an internet sensation, new concepts using cryptocurrencies appeared left and right. Among those concepts, one is still around and gaining traction: crypto games.

There are several types of crypto games, and it has become possible to play at an online casino which supports BTC, which is usually referred to as a Bitcoin casino or crypto casino. It’s also possible to play some video games on Steam using blockchain and NFTs. 

Recently, a new type of game also rose in popularity, with titles being playable directly on Telegram. Naturally, it becomes essential to explore the reason behind the success of crypto games.

Understanding The Different Types of Crypto Games

The concept of crypto games isn’t uniform; there are several types of games offering vastly different experiences. Here’s an overview of the various types of crypto games available.

Casino Games

Online casinos have quickly embraced the concept of cryptocurrency. It started pretty quickly with sites accepting crypto payments. However, some sites are now crypto-only, with many even using their own token for, or as part of, gamification and bonus rewards. Plus, a new type of game algorithm called ‘Provably Fair’ changed the play experience for the better.

Financial data is now more secure with reinforced encryption for financial transactions. Deposits and withdrawals are decentralised, which allows full automation and near-instant transfers without a middle-man. 

Provably Fair games ensure the integrity of the RNG, which is now hosted on the blockchain and which users can check by themselves before playing.

Mobile Games

Mobile games are expected to yield $98 billion in 2024, and it’s a testament to an evolution in entertainment. New consumers now rely almost exclusively on smartphones that can do everything, and even people who remain “old-school” tend to use them more and more. It’s true for gaming but also for other forms of entertainment.

This trend prompted the emergence of mobile crypto games, and it seems that the preferred platform has become Telegram. It’s possible to find countless crypto games on Telegram that are connected to TON (Telegram’s crypto wallet). 

For such games, the access is generally free, like Hamster Kombat, Blum and others that have been popular lately. The goal is usually to earn in-game coins and assets, which may gain a real-word value when the token gets officially listed. 

PC Games

Thanks to recent technological innovations like Nvidia’s hardware and AI research, and Unreal Engine 5 being accessible to everyone, PC games have become more beautiful than ever, letting people play under Windows or with a Linux gaming PC

With the use of smart contracts, some developers have started creating high-end games that are free to play with a crypto-economic model. Some examples are Phantom Galaxies, a mech game/third-person shooter where skins and other assets are NFTs. 

Every genre can be adapted, with games like Sandbox creating a virtual world similar to The Sims, but online, and where every object has a real-world value.

Three Factors Behind The Popularity of Crypto Games

Although there are many reasons crypto is popular, when it comes to games, there are three main ones:

  1. The Price

Regardless of the price of a token, most crypto games are open to play for anyone, even those with a humble budget. It’s even possible to play for free with Telegram games! For this reason, there’s an immediate added value compared to typical games that can cost up to $80 on consoles.

  1. A Community With a Project

Beyond the game itself, players engage with a community and a crypto project that they find appealing. It creates a new experience in which the participant will invest time and energy in the long run.

  1. Potential Wealth

If a project is successful, players are usually rewarded since the in-game assets can have real-life value. It then becomes in everyone’s best interest to see the crypto game gain popularity. 

This is especially true for early participants, who acquire assets at the lowest price, sometimes for free, and may reap very generous rewards years later.

Making Entertainment Useful

Crypto games create an experience that can be both fun and useful. It supports smaller creators and builds communities, and in the long run, the support can be rewarded with financial profit.

The wide variety of games, platforms, and ease of use have been critical factors in making crypto games so prevalent in every gaming niche in which they have been used so far.

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