Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Blockchain-based games offer a number of valuable features that users cannot access through the traditional gaming infrastructure. This is evidently clear in the rising popularity of Alien Worlds, a fully tokenized gaming universe where each player can decide the world they want. The interesting in-game dynamics, made possible by non-fungible tokens (NFTs), plus Alien Worlds’ attractive and easy-to-use interface, has propelled it to the top spot out of all blockchain games.
With each aspect of the game tokenizable, Alien Worlds is an enthralling game that allows users to monetize their skills and playing time. With the rise and popularity of e-sports, Alien Worlds is offering an alluring virtual environment where participants can financially benefit from their gameplay, a position that was previously only attainable to elite gamers.
Alien Worlds Offers Unique Worlds Within a Metaverse
With Alien Worlds, there is an entire layer of commercial activity underpinning every aspect of the game. Like any economy, whether in a game or real life, there needs to be a reserve currency to settle all transactions; this currency is called Trilium in the Alien Worlds metaverse. As a cryptocurrency, Trilium can be readily exchanged for a plethora of other digital assets. Players can also use it in-game to generate additional wealth for themselves or enterprises, attaching tangible value to the digital asset. Considering Trilium can currently only be generated through in-game mining, Trilium is quite scarce, as users typically then restake on a planet after it’s mined to generate additional yield. Each planet is independently owned, offering unique staking rewards and NFTs designated by the elected planetary councils.
Besides Trilium, there are a variety of other ways to generate value in-game. You can also use NFTs to monetize Alien Worlds, with the option to buy NFTs from different planets, stake them, and use them throughout the gaming universe. As an NFT, there is also the possibility that Alien Worlds items will be included in other gaming words, allowing for interoperability. The land is also freely tradable and represented as NFTs, allowing owners to charge rent and commission to planet users.
This is possible because NFTs are tokens that are uniquely verifiable from one another, unlike traditional cryptocurrencies such as ETH or BTC, which are freely interchangeable. NFTs use a different token standard, which allows for differentiation, creating the opportunity to implement ‘rarity’ through item scarcity. This empowers gamers to realize the full value of their in-game items that they bought or earned, a function that was unavailable prior to the creation of blockchain technology.
Alien Worlds Continues to Grow
Running on the WAX ecosystem with a token link to Ethereum and other chains in the future, Alien Worlds gamers have an open exchange where free-market principles reign supreme. The initial digital packs available to early adopters, containing land or items, are trading at five to ten times higher than their initial value, with all the transactions facilitated by WAX. The game’s popularity has been great for all stakeholders, with a community member reporting that the average Alien Worlds player is raking in $60 per month. $60 is a nice sum for relaxing and playing a game, but many players make $300 or more per month with good in-game tools. Think that’s impressive? Another community member reported turning Alien Worlds into a full-blown income, generating as much as $35,000 per month just through the game.
With over 13,000 players and over 20 million in-game transactions, Alien Worlds has really begun to take off. These stats are especially impressive when comparing Alien Worlds to other decentralized applications, ranking as the fifth most used dApp on DappRadar, a decentralized application data aggregator.
As more people begin to understand that they can get cool rewards and make money by gaming – and in some cases serious money – they will be tempted to explore blockchain-based games. Blockchain gaming allows users to have more control over the entire gaming experience, contributing to their rise in popularity. As the technology behind these games becomes faster, more efficient, and more advanced, they will more closely resemble in-depth and complex video games but with a lot more user control. Alien Worlds is paving the way towards this future, one where everyone can earn through casual gaming.
Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.