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All rights reserved. Charles St, Baltimore, MD And for investors, the deal means its time to parse out the stock winners and losers in the deal. After the deal closes, Microsoft will own some of the biggest and best gaming franchises in the world. Who will be the biggest winners and losers from the Microsoft-Activision Blizzard deal? We identify some of them here:.
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- Metaverse Tokens: What, Why and How To Buy Them
- DRDO’s new oral drug to reduce dependence on oxygen
- Börse Express – Forget Dogecoin – this crypto stock is a better buy
- Red Dead Redemption Now Playable in 4K With Xbox One X Enhanced Update
- GeForce Now With RTX 3080 Tested
- Optimized for Xbox Series X|S
- Red Dead Online’s real-money store is live, here’s what it costs to buy gold bars
- Make in-game trading great again
Metaverse Tokens: What, Why and How To Buy Them
Drew Cattanach does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. The ultimate point of playing video games has always been to have fun. But a new class of games is emerging where playing is an investment opportunity — and even potentially a way to earn a living.
So-called play-to-earn games like Axie Infinity and The Sandbox have been exploding in popularity recently.
What they have in common with many previous classics is that they include complex economic ecosystems. In the s blockbuster Elite , for example, players travelled from planet to planet, trying to increase their credits by buying and selling things like weapons and commodities.
Or in life-simulation franchise The Sims, players buy everything from pizzas to houses with Simoleons. But in these older games, the in-game currency had no value in the real world.
There have also been games like World of Warcraft where a grey market for exchanging in-game items and characters grew up around them. But play-to-earn games take this to a whole new level. So how do these games work and where are they heading? The game revolves around cute furry creatures called Axies, which players breed, acquire, train, use to complete challenges, and do battle with online. The object of the game is to obtain small love potions SLPs , which can be used to breed new Axies that can then be deployed within the game.
SLPs double as cryptocurrencies that can be bought and sold on a crypto exchange. It has broadly been rising since , so there is an argument for hanging on to them — or alternatively, selling while the going is good. Axies themselves can be traded in real life in the likes of the Axie Marketplace as NFTs non-fungible tokens. NFTs are digital collectables that exist on online ledgers known as blockchains , and are better known for recently taking the art world by storm.
As well as Axies, other in-game items like real estate, flowers, barrels and lamps are all tradeable as NFTs too. These are all bought and sold using ethereum, which is the second biggest cryptocurrency after bitcoin. This is a welcome improvement on predecessors such as World of Warcraft where trading of gold and in-game assets took place in unaffiliated auction sites, and was grounds for being banned from the game for a long time.
By introducing a dedicated marketplace, NFTs and a blockchain, the trading around Axie Infinity and similar games is more secure and means that players actually own the items in question. To get started on Axie Infinity, players need to buy or borrow three Axies. Finally, there is another cryptocurrency associated with this game called the Axie Infinity shard AXS.
AXS has also seen an impressive rise recently, up about sixfold in recent weeks. It is the largest gaming cryptocurrency on the market. Besides Axie Infinity, CryptoKitties is another play-to-earn game that has built up a substantial following. In that game, players buy, breed and trade digital cats using ethereum. Again, these cats are NFTs, which generate wealth not just for the developers but also the player community.
Apart from generating real income for players, play-to-earn games also create communities where gamers and creators can meet, share wisdom, and do deals with one another. A good example of this is The Sandbox , a game in the same genre as Minecraft where players build things and exchange with them with one another as NFTs.
This discreet economy is driven by its own cryptocurrency, SAND. One way to make SAND is to sell parcels of digital real estate known as LAND, which players can purchase for their shopfront as a way of sharing experiences with visitors to the world.
With such levels of interest, major brands are seeing the potential to take a piece of this expanding metaverse. Brands like these are presumably likely to draw a more mainstream audience to the platform. Now that games like these are possible, it seems likely that they are here to stay. Many games have sustained online communities in the past, but by adding the ability to make financial gains, play-to-earn games will potentially lead to even more successful communities in future.
Edition: Available editions Global. Become an author Sign up as a reader Sign in. Welcome to the latest craze in gaming. Drew Cattanach , University of Westminster. Events More events.
DRDO’s new oral drug to reduce dependence on oxygen
However, there are a few points that I got hung up on in the game, and would love to advise you on the best way to avoid those mistakes yourself. So without any further ado, here are a few tips and tricks to help you make decisions in the Wild West. Use your money to upgrade your horse or your guns as a priority, and then feel free to go shopping at the tailor or play a few rounds of high-stakes poker. For the most part, selling wares will also net you a good amount. Bad guys often have pocket watches, belt buckles, or even jewelry on them that can be sold for a pretty penny. If shootouts go down near or inside buildings, search those buildings for provisions, cash and other valuable items. Offload these items at a local Fence to keep plenty of space in your satchel and generate some extra dough.
Börse Express – Forget Dogecoin – this crypto stock is a better buy
PlayStation Now was the first major step in game streaming services. Yes, we had plenty of other attempts with services like OnLive which I also tried back in , but none ever had the weight of a massive corporation behind it. The thing is, after that initial purchase push, Sony has been pretty silent about PS Now. Before we can get to why PS Now is better than you might think, I do have to acknowledge the faults. PS3 games can only be streamed. First, this is a problem with all game streaming services. Would it be possible to ever make PS3 games downloadable?
Red Dead Redemption Now Playable in 4K With Xbox One X Enhanced Update
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GeForce Now With RTX 3080 Tested
Microsoft announced that the classic open-world game from GTA V hitmaker Rockstar gets an update for it to be playable at 4K. This follows Microsoft updating last-gen classics like The Witcher 2 and Crackdown. And while those updates resulted in clearly looking games, its near transformative in the case of Red Dead Redemption in our experience. For most part Red Dead Redemption on the Xbox One X looks a great deal sharper though certain aspects like pop-in and geometry draw are way more noticeable. The power of Xbox One X enables the Xbox emulator to showcase the very best version of the game possible with the existing assets — all without touching the game code.
Optimized for Xbox Series X|S
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Red Dead Online’s real-money store is live, here’s what it costs to buy gold bars
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Reddcoin. Volunteer developers are reportedly targeting other high-profile social media sites including Facebook. It boasts features like linking a Redd ID to other social networks, sending tips with one click via the Google Play Store and more.
Make in-game trading great again
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And it is better than Bitcoin, which was cooling off at the time and is up just When the world was in the thick of the GameStop drama, I bought Nokia instead. I should have bought Doge. He innately understands the value of the crypto street cred he gets by winking at Doge. And Robinhood — the now infamous retail investor trading platform that banned users from buying GameStop — suspended Doge trading during peak demand.
Rise of Defenders is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency RDR, to facilitate programmable payments and open financial infrastructure development. Would like to know the latest Rise of Defenders price?
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