Why Web3 gaming needs a Steam-like platform for growth
OKX chief innovation officer Jason Lau believes that Web3 games need to cultivate communities by educating players on the benefits of Web3 technology.
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OKX chief innovation officer Jason Lau believes that Web3 games need to cultivate communities by educating players on the benefits of Web3 technology.
A clicker game on Steam recently became the talk of the town after flipping some of the most popular games on the platform. Banana became a sensation for its NFT-like rewards, which can be sold for over $1,000 on Steams marketplace. However, the clicking phenomenon has sparked a debate among crypto community members about the state of crypto and web3 gaming. Related Reading: Master Of Scams: Metallicas Hacked X Account Promotes Solana Token Peeling Steams Clicker Game Sensation Banana is an indie game on Steam that consists of clicking the image of a banana to obtain rewards. Although not the first of its kind, its players are rewarded with digital bananas every few hours. Rewards can go from common bananas worth pennies to rare bananas, which can be sold for up to $1,300. The free-to-play game hit the news after it surpassed some of the most popular titles on the platform. Banana flipped Elder Ring and Baldurs Gate 3 in the most-played games list. The clicker game only came second to Counter-Strike 2. As of this writing, the game remains the fourth most played game on Steam, with over 344,000 current players and a 578,000 peak in the last 24 hours. Moreover, it reached an all-time peak of 917,000 players earlier this month. However, the simplicity of the game raised some alarms among gamers. Many believed the clicker game contained malware that turns devices into crypto miners. While others wondered if the game was a scam of sorts. One of Bananas developers, Hery, denied the accusations. Hery told news media outlet Polygon that it is pretty much a stupid game with bananas, not a scam. Many users also speculated if the game was related to NFTs and cryptocurrencies, as it had an NFT-like feeling but without the blockchain technology. A Banana team member clarified that Banana wants nothing to do with crypto. They explained that the game had no intention of integrating crypto as it doesnt mix well with Steam. Additionally, they emphasized that it started as a goofy game to collect some bananas on your Steam profile. Are Crypto And Web3 Gaming Going Banana? Although Banana doesnt plan on integrating with the crypto industry, the game sparked several conversations among the community. Several members took the opportunity to discuss its implications for web3 gaming. A user highlighted the games popularity despite its simple mechanics, proposing the industry doesnt need AAA games to break out. Several community members agreed and suggested theres a misconception about the type of games needed in web3. Although complex and super action games are believed to be the only option, dudes just wanna have fun and make points, said an X user. Seemingly, the sentiment among many was that the industry is making it more complicated than it is. Some users believe that Banana and similar games could help with web3 gaming. The meme quality of the game was pointed out as a potential catalyst for broader adoption. Similarly, this week, Avalanche Gaming discussed Bananas implications on its Gamified Show. According to Paul Bettner, game developer and co-founder of Playful Studios, Banana could be a getaway to the larger world of crypto gaming. To Bettner, the behavior that we all love and participate in web3 as degens and web3 and crypto native users is, in fact, universal. While watching the phenomenon of Steams clicker sensation evolve, the game developer noticed that users were a bunch of degens that dont know theyre degens yet. Related Reading: Is Ethereum About To Take Off? Analysts Weigh In Amid ETF Approval Date Rumors Ultimately, he considers that people are learning how to degen. If most of these users knew what a wallet or a blockchain was, they would realize they could do that at 1000x the scale on a blockchain. Featured Image from Unsplash.com, Chart from TradingView.com
In a BitPinas webcast, local web3 leaders debated the potential of FishBlock NFTsa project tying fishballs to blockchainto onboard Filipinos, raise awareness, and avoid repeating past crypto mistakes.
Bitcoin’s recent rally towards the $90,000 zone has hit a roadblock as sellers emerge in the $88,000 to $90,000 range. This has raised concerns among investors about whether the bullish momentum is starting to wane. After a strong uptrend, Bitcoin faced resistance as it approached the $90,000 mark, leading to a pullback in prices. The [...]
The post Bitcoin sellers hover around $88K to $90K range: Is this week’s BTC surge running out of steam? appeared first on Crypto Breaking News.
In light of the recent LIBRA controversy, local thought leaders answer whether crypto is an insiders game.
A Web3 app launched on June 27 lets users prove their social credibility using blockchain technology, according to an announcement from the app’s development team. Called “Quivr,” it lets users connect apps they regularly use, such as Spotify, Steam, Apple Music and others. Based on their behavior in these apps, Quivr generates blockchain badges that [...]
The post New Web3 ID app lets users find each other based on proven interests appeared first on Crypto Breaking News.
Chainmonsters released the highly anticipated Chainmonsters Demo on all major gaming platforms, such as Steam, Apple Testflight, and Google Play.
Continue reading Chainmonsters Demo Available Free on All Platforms at DailyCoin.com.
Steam’s approach is to stay in the safe zone in order not to receive negative feedback from their audience.
“We don't support NFTs in this household. Tragic end for a great auto battler,” wrote one unhappy anti-NFT gamer.
Reasons why Steam keeps standing on blockchain unacceptance while the rest of the gaming industry expressed interest in the technology.
Bullish DATA price prediction ranges from $0.173 to $0.321. DATA price might also reach $0.35 soon. DATA bearish market price
The post has appeared first on thenewscrypto.com
The journey into the crypto gaming world starts right now.
“The potential blockchain gaming ecosystem will grow to be orders of magnitude larger than it is now, by the end of this decade," said Enjin CTO Witek Radomski.
The journey into the crypto gaming world starts right now.
Read Monday's breaking news in the daily digest!
“Steam's point of view is that items have value and they don't allow items that can have real-world value on their platform,” claimed one game developer.
You don’t often hear too much about projects building on top of Bitcoin, but it is happening. Last week, Stacks, a smart contract Layer 1 protocol that leverages Bitcoin’s base layer jumped over 50 percent due to the rise of ‘Satoshibles’, a popular NFT depicting Satoshi, which migrated from Ethereum to Stacks. Suggested Read: COINBASE […]
The post Digital Stocks Issued on Bitcoin? Blockstream is Making it Happen appeared first on CryptosRus.
How did this game adjust to Steams regulation that crypto games are not allowed?
The web3-enabled game has attracted players despite Steam announced that they are not supporting NFT games anymore as early as 2021.
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