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The “play-to-earn” concept in which game economies are set up to get players to grind to earn coins with a tangible value. The prime example of this was Axie Infinity, but even before this current crypto crash, the feudalism-style economy of that game all but completely collapsed.
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A blockchain is a database that lives across a network of computers rather than on one server. No single person or organization owns it. Every computer, or node, stores a complete record of every transaction, so no one can control or destroy the network without first taking over a majority of the nodes. This makes it impossible for anyone to manipulate the database, say by giving themselves more tokens. Every change and transaction is logged on the chain
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The ecosystem of games based on Blockchain technology is enjoying stellar growth. A broad array of gaming models, from metaverses to games focused on play-to-earn mechanics, are found today in large numbers in the ecosystem
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Two developers unaffiliated with Microsoft have built a blockchain layer on Minecraft. The sandbox-style video game Minecraft, released back in 2011, is getting a Web3Web3 update thanks to a few developers unaffiliated with Microsoft.
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The “play-to-earn” concept in which game economies are set up to get players to grind to earn coins with a tangible value. The prime example of this was Axie Infinity, but even before this current crypto crash, the feudalism-style economy of that game all but completely collapsed.
