Leblock: The ‘Virtual Lego’ that is Set to Revolutionize Gaming as We Know It
Meet Leblock, a merger of blockchain and gaming industry, which aims to become a “virtual LEGO” and link the technology with the mainstream.
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With estimation pointing to a total market capitalization of 300 billion USD by 2025, the gaming industry is one that is rapidly growing and garnering the interest of several investors and tech stakeholders alike. With over three billion gamers across the globe, one can only expect the gaming and casino platforms to grow even bigger in the coming years.
Gaming is often categorized under the entertainment industry as many see both as a means of having fun. For example, Sony’s Playstation consoles offer a combination of video games, music, videos, internet, streaming, etc.
Since there are so many online games whose registration happens to be absolutely free, one would think that the gaming companies are not making much revenue off such games when users play. But that’s not the case, these firms have devised several means of making money through the purchase of in-play gems, coins, and other items.
Other than the predictable and great development of the gaming world, it is intriguing to take note of the fact that there has been a change in sources of income in the business recently. The casino and gaming business used to make the vast majority of its funds from online games, but has seen its income originate from an alternate means and point of view lately.
In the U.S., which boasts of being the biggest computer game market in the globe, the game industry was valued at about 18 billion dollars in 2017 and recorded over 2,450 firms of over 200,000 employees.
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Meet Leblock, a merger of blockchain and gaming industry, which aims to become a “virtual LEGO” and link the technology with the mainstream.
Following a successful launch of their first blockchain-based game, Fuel Games has introduced a new eSports platform that will give players full control over the in-game economy.
The popular blockchain-based cat breeding game will launch a brand new version of its app exclusively for HTC mobile devices.
The era of notorious Loot Boxes and Pay-to-Win schemes seems to be over with blockchain-based “Merge: Eternal Battleground” video game entering the industry.
After announcing its “super chain”, the Chinese search giant Baidu decided to launch a new blockchain-based game called Du Yuzhou.
Today, we caught up with Dmitriy Pavlolv from Neonix, who told us about their new gaming project “Heroes of Ethereum”, explained how it differs from others available on the market, and shared his vision on the project’s future.
The first World Cup prediction game in the blockchain provides football fans from all over the world with a new way of fair and transparent betting based on smart contracts.
The BCG uses blockchain and smart contract technology to build the widely accessible prediction market, and make valuable information flow freely.
The Korean giant of video gaming industry, Nexon Korea, has refuted the rumors that it is going to acquire the oldest crypto exchange Bistamp denying any intention to link cryptocurrencies to their business.
Fair.City is a real treasury found in the world of simulation games that exercises all blockchain perks to provide gamers with fair and transparent gaming environment.
Focusing on emerging markets and ‘unbanked’ consumers, ALAX aims to bring fresh air to the gaming industry and merge mobile game experience with blockchain innovation.
Fair.Game is aimed at adding more transparency and openness to online games bringing the blockchain technology and smart contracts to the world of gaming.
The platform provides game developers with a new monetization strategy – the source of income is in the resources of their gamers’ personal computers.
Based on Ethereum smart contracts, the new Fishbank game is expected to educate a wide range of users on how to use cryptocurrency and virtual wallet
CRYCASH and CRYTEK create an ecosystem where gamers will be able to monetize their skills and gaming time, while developers will be able to attract more audience to their products.