Opinion: The future of games is NFT gamified liquidity mining?

Editor's Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina), Author: GUEST AUTHORS, reprinted with authorization by Odaily.

Editor's Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina)Cointelegraph Chinese (ID: CointelegraphChina)

, Author: GUEST AUTHORS, reprinted with authorization by Odaily.Over the past year or so,The concept of Bitcoin has received a lot of attention, especially because it allows cryptocurrency owners to stake their assets for a short period of time in exchange for a tangible return on their assets. While the idea of ​​profiting from investments may not be new at all, the idea behind liquidity mining — where users can earn rewards for using specific DeFi applications — is largely confined to the DeFi space.

Furthermore, just like liquidity mining,

It has also become very popular in the past few years. This is because these cryptographic entities (whose value is directly tied to a specific asset) are ideal for owning physical objects such as artwork, real estate deeds, collectibles (such as CryptoKitties), and digital goods (such as game skins, trading cards, etc.).failsecondary title

How to use NFT in the field of liquidity mining?

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Since — and since legendary rock band Metallica went to court with the file-sharing giant for allowing users to illegally download their music — conversations about digital content ownership and rights management have become more common across the globe.

In this regard, in 2020 alone, NFTs seem to have captured the imagination of crypto enthusiasts around the world, primarily because they allow for the facilitation of digital data ownership processes in a highly streamlined, efficient manner.Now there are various blockchain-based digital card collection games online. They allow players to operate in fantasy scenarios, and even allow them to create some novel props and collectibles, which can be exchanged in the game for various digital goods, and even sold in various markets for monetary rewards.secondary title

Most of the world-renowned video game developers (e.g. Electronic Arts, Activision, UbiSoft) tend to adopt a monetization maximization model where they primarily focus on making as much money as possible with each game launch. It is worth mentioning in this regard that over the past 4-5 years the small transaction problem seems to

troubled

Across the gaming market, players now need to pay a small fee to unlock every little feature in many popular games, such as FIFA 2021, NBA 2k21, and more.

Blockchain games, on the other hand, seem to be more concerned with providing players with as much value and playability as possible. For example, in the vast majority of blockchain games, users have the option to mint and sell their in-game items at will, shifting the balance of power from game developers to players, especially from a financial standpoint.

What's next in the future?

As the gamified liquidity mining market continues to mature, it is only natural that the industry will move to a framework where the rules of the game can be modified by the players themselves. For example, if a game generally assigns certain attributes to in-game items (e.g. a factory can only produce 80 cars or 50 motorcycles per day), then over time the user will be able to change these rules and increase/ Reduce the production capacity of these defined entities, depending on the governance tokens they own.

In the long run, this means that players will finally have governance to influence the core rules of the game in a way that was previously unimaginable in traditional video games. Again, from a monetary perspective, this model could completely change the gaming industry, as users could potentially alter in-game productivity, inflation metrics, etc., making their governance tokens more and more valuable over time. value.

Finally, the ability to change the game protocol means that players with a large number of governance tokens can easily adjust some parts of the game economy, which is revolutionary, especially considering that blockchain games are designed and operable. Fully decentralized.

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The future of games lies in NFT gamification liquidity mining