How Casual Gaming Turned into a Serious NFT Gaming Business in India
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People would never have thought of gambling as something serious, even from a distance. However, for people fully immersed in the game and the thrilling (albeit virtual) adventure it offers, it was something they considered emotionally close. They didn’t mind spending their time, money, and effort improving the game’s characters, improving their gameplay, and achieving the ultimate glory that the game would offer them.
However, this was only a small segment of people. Even within this small set, an even smaller set was only able to make gambling their livelihood. The game was so casual at one point that “casual game” was considered an unnecessary phrase.
Today, however, NFTs and the blockchain have changed the perception of gaming… And for good reason. Let’s admit it! Today, the seriousness of a profession lies in the reliability of the livelihood of this profession. Maybe that’s one of the reasons why a lot of professions that weren’t considered so serious about a decade and a half ago are now considered pretty serious… Like being a YouTuber or a blogger.
What is the factor that has made these “activities” professions? This is because of the accessibility and openness of the platforms. To make it crunchy, earning money from these activities had become so democratic… Thanks to online platforms and the growth of technology.
Likewise, the video game also goes through his adolescence. NFTs have made gaming assets more worthy due to their longevity and tradability in the markets. P2E has opened up opportunities for people not only to play games, but also to save time, money and talent.
In short, your gaming skill is now a skill you can monetize…just like how content creation has transformed over the past decade.
It’s pretty new to the gaming world and the world of income and careers. We have seen people from countries like the Philippines, Vietnam, Thailand, and Cambodia making a living just by playing P2E games. However, these games were a bit too weird for a majority of the Indian population to play.
With games such as cricket entering the NFT space and becoming P2E games, it becomes easier and more welcoming for an average Indian to invest in and make a living from NFTs. In most games, game assets are presented as NFTs, this means they can be traded on marketplaces. Therefore, no matter which NFT investor plays the game, they can always make a profit by trading these NFTs in the market.
There are innovative options like NFT rental which will soon be incorporated into many games. This blurs the line between an NFT user and an NFT owner, further opening the doors for game enthusiasts to get into serious…or rather, rewarding play.
This transformation was essential and it is only natural that a completely decentralized and distributed ledger like the blockchain should be the epicenter of this transformation. When such games become completely decentralized autonomous organizations, the community takes care to keep the game in the air without depending on any centralized organization. If there is no centralized control body to unplug the game, the game will continue to thrive… And so will the number of people who can make a living playing such games.