Blockchain games take on the mainstream: Here’s how they can win – Cointelegraph Magazine

Unlike Stell, who sees the automatic entrance of traditional gaming companies, Yavin is betting on blockchain companies learning to think like gamers.

Axie Infinity not only led the space in replacing incomes lost during COVID-19 lockdowns but was also the focus for the formation of player guilds, providing next-level access and support. The most prominent of these is Yield Guild Games, a DAO. “And it wasn’t so I could earn extra money but for the social side of things. It’s like setting up a business with friends — you win together, interact together and, yes, make money together. It’s the community layer that makes it fresh and makes our guild relevant.” Subscribe for thoughtful explorations and leisurely reads from Magazine.London-based OG John Gower of Blockchase and AngelDAO invests in events and games and has also played Axie Infinity for the fun of it.

Blockchain Brawlers, developed by WAX Studios, was launched in 2021. In the game, players can buy wrestlers of various rarity levels via auction. Prices for the quirky characters were initially in the hundreds of dollars but soon escalated to many thousands. Currently, the cost to buy an entry-level, common-rarity brawler and necessary equipment is around a hefty $1,000. When gameplay went live at the end of March 2022, a massive $430 million in volume was traded in the first two weeks.

This is a very strange approach to games, but I like it

I believe there’s a good reason why people are taking to blockchain games. During the lockdown period in the heat of the COVID-19 pandemic, a lot of people grew bored and started to try their hand at different things. Games likely serve as a distraction for people.

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the time when blockchain games become similar to PS5 games will be crazy

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