P2E Grows: Number of Blockchain Game Users Explode 

P2E Grows: Number of Blockchain Game Users Explode 

September 2022 brought a lot of interest and new active users to the blockchain games industry. New blockchain games, such as FootballCoin, appear on gamers’ radars. 

Many blockchain games registered an increase in user activity in September, as many play-to-earn (P2E) games reported significant increases in their active users.

According to DappRadar data, half of the top ten games have increased in the past 30 days in terms of unique wallet addresses interfacing with DApps smart contracts. All five top games were in the green in that period.

P2E Grows: Number of Blockchain Game Users Explode

The Web3 gaming platform Gameta and the blockchain-based games Alien Worlds and Solitaire Blitz, Benji Bananas, Splinterlands, and Benji Bananas are the top DApps that have seen growth during September.

Many of these blockchain games are mainly used on mobile devices, and they have a huge potential to bring in new users and familiarize them with the blockchain. The main advantage of all these P2E games is that they allow anyone to earn crypto without any prior investment or knowledge.

According to DappRadar’s report, these games have brought “1.7 million users from Web2 into Web3 gaming”. They believe that users are now convinced that it pays off to invest in crypto during bear markets as it will pay off during the next bull market. 

The largest increase in users was seen by Animoca Brands’ Benji Bananas (Polygon), which saw a 151% rise over the last 30 days in terms of users. This game was not available on mobile until March 2018. Animoca introduced play-to-earn (P2E) elements via the Bored Ape Yacht Club affiliate ApeCoin (APE).

Although it’s not clear what caused the increase in Benji Bananas users, hosting a gaming event that featured a number of valuable NFTs for the winners did undoubtedly help.

However, it’s worth noting that some games did experienced decreases over the last 30 days.

NFT games are not dead! 

This blockchain game surge comes as a revigorating response to the news that the NFT market registered a 97% drop in trading volumes since January 2022. (source Bloomberg). While some complain that the NFT trend is dead, this new wave of blockchain gamers proves that there is still a lot of interest. 

More blockchain games are becoming just as easy to use and enjoy as ordinary games. Some may have been off gamers’ radars but are starting to pick up. Blockchain games such as FootballCoin use daily activities as a hook, ensuring that users find enjoyment once they interact with it, while solid tokenomics encourages everyday use and retention.

It’s true that NFT prices have declined, but many games, which don’t usually make the news, require relatively inexpensive NFTs, and this still attracts new users. 

Eduard Banulescu, the brand manager of FootballCoin, a pure P2E blockchain game, pointed out that the fantasy football game has seen a surprising increase in daily active users. 

FootballCoin’s representative emphasized the importance of user activity and the number of people who start using Web3, including blockchain games: “We are proud that FootballCoin was one of the very first play-to-earn games. We’re also happy to see a great increase in interest in these types of blockchain games. The platform has been updated consistently over the past five years. We’ve also seen continuous, albeit sometimes slow, growth in terms of our user base. In recent months, however, the number of new FootballCoin users has spiked. “

Just like the top blockchain games mentioned by DappRadar, FootballCoin has also seen a remarkable increase in the number of users and demand for its NFTs. According to Banulescu, FootballCoin registered a 35% increase in new accounts during September 2022. 

“Over the past month, we’ve seen a 35% increase in the number of new accounts. Fortunately, many of these accounts have also been active in the game. The prospect of earning crypto rewards and of owning the assets that they purchase in the game seem to have been particular highlights for new users. With the World Cup fast approaching, we are planning to introduce additional rewards and features.”

FootballCoin has many years of experience in this industry. t’s probably one of the few truly independent crypto projects that still exist. Considering the fast evolution of Web3, this might be one of the blockchain games that will evolve during this era of global crypto adoption.

P2E grows and games feature real world events  

FootballCoin is a fantasy football game that attracts thousands of new users each month. As the 2023 World Cup is fast approaching, the blockchain game promises to feature the popular competition.

FootballCoin already features the world’s best football leagues, including Premier League, Serie A, and the Champions League. Furthermore, the Brazilian top-tier Série A, highly requested by users of the game, will be added in October 2022. Users will have the opportunity to test their skills as football managers and choose their football team before each stage of the competition. 

While the FootballCoin team hasn’t yet disclosed the total prize pool for the World Cup, users will get to play for free, at least for the first stages, where all teams are still involved in the competition. 

The Gaming Industry Is Evolving Thanks to Blockchain Technology

The Gaming Industry Is Evolving Thanks to Blockchain Technology

Blockchain supports many aspects of our modern life, and it has already proven to take the gaming industry to the next level. 

Since personal computers became a regular item in households, computer games started to earn their place as an entertainment option in the 20th century. The first goal was to provide fantasy worlds for players to escape their daily routine. Games began to compete with traditional entertainments such as movies, theatre performances, circuses and zoos for players’ attention very quickly.

As the planet’s population keeps growing, it is forecasted the world’s population will surpass the 8 billion milestone by 2023, according to Worldometer. By then, we can safely assume that gaming will become a part of everyday life and that gamers will represent a large portion of the total population. 

It is not surprising that the boundaries between media, games, sports, and communication are slowly disappearing. This creates new business partnerships and leads to more mergers and acquisitions all over the globe.

Second Life, a virtual game universe, was a pioneering attempt to create a portal into the metaverse. The game features its own virtual currency. Many players in different countries gave up their jobs to devote 100% of their time and effort to the virtual world.

Blockchain technology has reached millions while the NFT craze took off in 2021. However, this is just the beginning and there’re more use cases for blockchain, that we’ll likely hear more about it in the near future. 

One of the first and main use cases for blockchain that the industry has embraced is ownership of digital items. As the internet evolved, there was a huge need for detecting fraudulent digital items and keeping track of your own digital creations, or digital acquired goods. 

But how is blockchain being used in transforming the gaming industry and what are the blockchain gaming models used today? 

The gaming industry today

According to Newzoo, the worldwide gaming revenue reach about $180.3 billion in 2021 and the total number of gamers was about 3.2 billion. These numbers represent a 20% increase compared to 2019 before the pandemic started. 

Most of the revenue is generated by digital distribution channels. The main growth engine of the games industry is mobile games, which have a market value of $93.2 billion.

Over the last five years, the game development industry has undergone a significant transformation. Even smaller studios can now create games for the global marketplace thanks to the development of digital distribution platforms and mobile app stores.

China is the largest region when it comes to gaming revenue and it accounts for over a quarter of all sales. And if we were to look for the region with the higher profits and fastest-growing rate, we would look at the Asia-Pacific region, where we’ll find 55% of all players.

But the feature is here and the gaming industry will be heavily influenced by the latest technology developments. Market leaders are embracing new technologies such as blockchain and virtual reality (VR), artificial intelligence (AI), and virtual reality (VR). Numerous blockchain-enabled gaming apps have been developed in recent years. This will lead to a significant increase in the market’s potential growth by 2022.

The Gaming Industry Is Evolving Thanks to Blockchain Technology

How has the gaming industry evolved in the past few years?

The gaming industry can only thrive as long as the gamers are happy. And when the gamers keep increasing in numbers, the leading companies need to really listen to what they have to say. That’s why we’re starting to see two gaming models emerge from the market. 

Pay-to-Play (P2P) gaming model

From the 1970s to the 2000s, pay-to-play (P2P) was the most popular business model in the games industry. This model allows developers and publishers to generate revenue from game sales, and sometimes subscriptions. In-game advertisements were rare and that kept the gamers happy.

However, this model leaves players with little to no chance of extracting any value from games. The only thing that matters is the enjoyment and satisfaction they get from playing the game. But once the game is finished, or let’s say, it gets replaced with the latest version, all progress get deleted and the gamers have to start all over again.

Free-to-Play (F2P) gaming model

The free-to-play (F2P) gaming model gained popularity in the 2000s and 2010s and, in the beginning, it was viewed as a bad business model by some gaming companies. 

It was believed that the F2P model could not only have the effect of generating low revenues for some games, but that it could bring the entire gaming industry to the ground. However, time has proven quite the opposite and the F2P model build an entirely new world for gamers to live in.

Free-to-play games are the type of games that require no up-front payment from gamers. However, the F2P model allows players to purchase in-game items and upgrade their characters within the game. Ads make up the majority of the revenue for gaming studios. Streaming and e-sports are monetization tools for players. At the same time, there are specialised tournaments where elite players can also receive rewards. An entire industry was born from the F2P model.

Fortnite is a perfect example of the success of free-to-play business models. Fortnite, which was launched in July 2017, generated more than $5 billion in revenue in its first year. Its user base grew to 80 million monthly active users by 2018.

Many of these games are now experimenting with the blockchain technology and new games are launched every year. Many of the metaverse games we see today try to incorporate blockchain-based economies to incentivise players to participate in their tasks and keep track of their digital assets.

One remarkable game, that aims to remain F2P is FootballCoin, a fantasy football game, that many European football enthusiasts love to play. It’s not only free to play, but the game is built on a free-to-earn model, which enables players to buy NFTs in the game, with their crypto earnings. Of course, gamers are free to take those crypto earnings and exchange them for any fiat currency, using a cryptocurrency exchange. 

Play-to-Earn (P2E) gaming model

The play-to earn (P2E) model is exactly as its name implies: It allows users to play and earn tokens. Because it combines entertainment and reward, this model is a powerful psychological incentive.

The main concept behind the P2E games is that players get rewarded for putting in more effort and time into the game. This creates value for them, other game participants, as well as for developers. In exchange for their participation, they receive digital assets that can appreciate in value over time.

Noting that blockchain technology has been used in such assets has caused scarcity in digital assets in games. These can take the form of NFTs and represent any character, from CryptoKitties kittens to cryptocurrencies like Bitcoin and Ether.

Many of the popular metaverse games are actually functioning on a play-to-earn gaming model, and aim to encourage gamers to purchase popular NFTs to join the game. This model gives a true utility to NFTs but can be discouraging for new gamers, that do not afford to invest in a game. The bright side of these NFTs games is that gamers are free to sell their NFTs and in-game assets. This way, they don’t lose the funds invested to play the game.

What’s the best blockchain gaming model?

These gaming models exist because the gaming community wants them and accepts them. As long as there is a demand for a game or a particular gaming model, there will always be a company looking to serve that need. And since we have all these new blockchain gaming models to serve us, why not take the industry to the next level. 

Free or not, gamers want to own their digital items, and blockchain helps them get it. 

The Metaverse Will Have NFTs With Utility in 2022

The Metaverse Will Have NFTs With Utility in 2022

Non-fungible tokens (NFTs) have reached a higher level of popularity and acceptance by both the online and crypto communities. NFTs with utility are here and are no longer considered a bubble, as more projects join the space and give new utility to the created NFTs. 

The rise of metaverse NFTs in 2021

Non-fungible tokens (NFTs) caught the public’s attention when the record-breaking Beeple’s The First 5000 days was sold by the Christie’s arthouse for $69 million, on March 11, 2021. This became the cornerstone of NFT art and spiked a new trend for digital artists and traditional artists as well. 

Since then, NFTs have expanded to include music, art, in-game assets, and even tweets. Basically, anyone can tokenize any real-world or digital asset and use NFT minting to provide unique ownership. FootballCoin is one example of one of the first free-to-play blockchain games to offer in-game NFTs, that are available for trading. 

According to DappRadar’s report, the NFT market generated over $23 billion in 2021. 

The most significant move for NFTs and the entire metaverse space was when Facebook announced its rebrand as Meta, on October 28, 2021. The social media network aims to become more than a social media channel, and will not focus on creating a new metaverse, which will integrate social media, virtual working spaces, gaming experiences and more. The news created huge waves within the crypto space, and most metaverse-related cryptos surged in price. Some of the most hyped coins were Decentraland (MANA) and Sandbox (SAND).

However, the NFT craze started way before that. Most of you might remember CryptoKitties, the Ethereum-based game, launched in 2017. The game caused network clogging and a huge network gas fee increase, as the demand for digital kitties increased. Most of the kitties collectors were attracted to the game by the potential of breeding and selling their NFT. The hype slowed down over the next months, but the idea of speculating over the price of digital assets remained in the crypto community. 

Today, investors can find new and trending NFT collections on platforms such as OpenSea and Rarible. Some of the most popular NFT collections are CryptoPunks and Bored Apes Yacht Club (BAYC). 

GameFi is the game-changer

GameFi protocols were the key moment of watershed for NFTs who followed the metaverse hype. What is GameFi? GameFi can be described as the integration of gaming and decentralized finance (DeFi) within one ecosystem. According to Huobi Research, GameFi has revived interest in blockchain gaming.

Axie Infinity is the leading protocol in this area in 2021. This game universe allows gamers to collect Axies and create kingdoms for their pets. AXS, and SLP are the native tokens that power the game ecosystem.

Sky Mavis, a Vietnamese game developer, developed the Ethereum-based game. It was first released in March 2018. The Axie-Infinity collection quickly rose to become the most traded NFT in NFT history due to the excitement created by the community around it. The collection has more than $4 billion in annual sales. Axie Infinity’s current trading volume has outperformed other blockchain games by miles.

This game is based upon Ethereum but blockchain-based games are becoming more popular across other blockchain networks such as Solana or the Binance Smart chain. Many games have enjoyed popularity on blockchain networks, including Splinterlands on Hive and Wax and Alien Worlds on Wax and Upland on EOS.

Refusal to adhere to traditional gaming regulations

GameFi is disrupting gaming by introducing blockchain technology. However, traditional gaming has not been well-received this innovation. Steam/Valve removed all blockchain-based games in 2021. Over 26 companies and advocacy organizations have called upon Steam/Valve to reverse its ban.

The South Korean government also blocked the release of new play-to earn (P2E) games and requested that existing blockchain games with a model P2E be removed be from the Apple Store and Google Play Store. Epic Games, creator of Fortnite, stated that they are open to blockchain-based games that support crypto and blockchain-based assets.

But the GameFi trend continues to grow despite the opposition from regulators and the traditional gaming industry. ProShares, the company that launched the first Bitcoin-based ETF, has plans to launch an ETF focused on Metaverse. The ProShares Metaverse Theme ETF was filed with the United States Securities and Exchange Commission. If the registration is accepted by the SEC, it will track the performance of the Solactive Metaverse Theme Index, which includes companies involved in the adoption and usage of metaverse-related technologies.

Even one of the big four consulting companies, PricewaterhouseCoopers (PWC) Hong Kong, have dipped their toes into the Metaverse. A land plot was purchased by the company to play in a metaverse Sandbox. After a deal with Velas Network, a Swiss blockchain startup, Ferrari even hinted at NFTs.

These enterprises can use blockchain technology to build business models within the Metaverse, and gain efficiency and compatibility with the real world. It is very likely that 2021 will be regarded as the year for NFTs and DeFi, and 2022 will be the Year of GameFi and Metaverse.

Le Matin Dimanche comments on Sorare’s Swiss ban

Le Matin Dimanche comments on Sorare’s Swiss ban

According to the publication Le Matin Dimanche, the football-themed NFT website, Sorare, has been banned in Switzerland.

Here is an excerpt from Rebecca Garcia’s article investigating the recent official forbiddance of the game in Switzerland.

“Buying virtual player cards or footballers with the purpose of creating a customized team: is this a game, or simple speculation? Swiss authorities have leaned towards the latter and have taken the decision to ban Sorare.

The ideas behind fantasy football and Sorare are simple enough. Users are encouraged to purchase cards of football players. If they perform well in real life they accumulate points. You can also attempt to buy the card at a smaller price in the hope that its value will skyrocket in the future and that you can sell it for a profit.

“The users are delighted to try and double their bet in 24 hours. But, they might invest 20 francs and spend a whole day researching this so that they can win 20 more times,” says one blockchain expert. Therefore, there can be a lot of effort involved for not much.

Banned in Switzerland, and soon elsewhere?

Although the platform views itself primarily as being focused on football fans, l’Autorite Internationale de surveillance des jeux d’argent (Gespa) has banned Sorare. The officials have decided that the game encourages financial speculation for which they do not own a valid authorization. This is vital to be able to function legally in Switzerland.

Gespa simply motivated their decision by stating that games of chance, or gambling are prohibited in Switzerland, and therefore Sorare is banned.

One of the market’s leaders, FootballCoin, a similar fantasy football game estimate that over 70% of its users join their game because of an interest in sports. The other 30% are, however, interested in the blockcain technology. Do you absolutely need to know football to be able to play? “No, but it helps,” the game’s representatives state.

Thousands of speculative users play Sorare every month looking to buy more cards. “I’ve made 50.000 to 200.000 dollars a week on Blackpool”, says Max M, one of the managers in this DAO (Decentralised Autonomous Organisation) launched in Sorare.

Here it’s not a matter of playing the game well, but making the right financial decisions. “I can redeem my cards and grow my collection.” This user owns a large number of unique cards. Even if a user has the exact same selection in the game, they might be at a disadvantage because of the rarity of the cards.

The unique card of Kylian Mbappe has sold for 54.147,97 Euro. “I was offered five to ten times the price I paid to buy the card, but I wasn’t interested.” And, the card could grow in value from one week to another while new cards are released all the time. A win-win.

Collect them all!

The people that bet on Sorare might take an interest in the football matches so that they can know the performances of the players. In the search for good tips, they may scour the internet to find good statistical data and info that will help them in retrieving the golden nuggets. Among the clubs that sign and register their players, there are those that want their slice of the pie.

“The most important is for it to be an official platform, otherwise it will disappear,” says Crystal Ohad, head of Real Manager. It’s important to consider the long-term perspective when it comes to investing in developing a collection of cards. The official ban of Sorare in Switzerland could end up being a big break on their activities.”

It is important to note that games such as FootballCoin continue to function openly on a global scale, with the game using strictly a fantasy football system that involves, exclusively, the use of skill, unlike Sorare where teams are composed of 5 players a side and the rarity of the cards determines the outcome.

Best NFTs to Invest In: Why FootballCoin NFTs Are the Best Choice

Best NFTs to Invest In: Why FootballCoin NFTs Are the Best Choice

What are the best NFTs to invest in right now? With the rise of NFT projects and the wider awareness that the world of blockchain technology has known over the past years, investors are turning their attention towards the transparency of digital assets. 

In this article, you’ll discover the best NFTs tokens to invest in and how you can buy NFT crypto. 

Is Investing in NFTs Worth It?

Now that you’re started to learn about cryptocurrency and digital assets, you know there is an entire ecosystem in the blockchain industry. I’m guessing you’re here because you’ve heard from your friends all about NFTs. 

The internet has been talking relentlessly about NFTs since the beginning of 2021. Some gurus pretend to know everything about NFT investment and that NFTs increased their wealth. After a quick search, you’ve discovered an entire world of digital tokens and assets, and you wonder how can you benefit from it? What are the best NFTs to invest in?

First of all, let’s make sure you understand what an NFT is and how does it work.

What Is an NFT?

By definition, NFT is a Non-Fungible Token. 

Basically, this means that no two tokens are the same nor that they can be interchanged. But what are fungible assets? Bitcoin, for instance, is a fungible token. If you trade one Bitcoin for another, you have the same thing and same value.

NFTs are used to certify ownership of digital assets, and they are registered on a blockchain, which is a public digital ledger that anyone can check. 

For instance, if you sell a Bitcoin today and tomorrow you get a Bitcoin back, you have the same value in Bitcoin, although it might not be the exact same Bitcoin. In the case of NFTs, each token is unique, and can only have a single owner at a moment in time.

An NFT can be anything that can be stored digitally, such as a drawing, a collectable card, a song, a Tweet and more. There are many NFT marketplaces that offer a wide variety of non-fungible tokens, such as OpenSea. 

Investing in NFTs

The NFT movement started as a way to collect digital art. 

Think of it like this. Millions of people over the internet can admire a unique piece of art, but only one person has ownership of it. When it comes to digital art, owning it as an NFT is the only way to ensure you are the true owner of it. 

But today, NFTs are also a means of investment in digital assets, that might increase in price in the future. 

Just like physical assets, An NFT is a digital asset that can be an investment. You can decide to keep it for as long as you like and can opt for a big exit if the right price tag comes along. 

NFTs investments should be done in an industry you are familiar with. 

If you’re an art expert, go for digital art which you might later resell (and support the artist at the same time). Selling NFTs is a huge income stream for some investors, but you should also be aware that values might not fluctuate that much in the future. 

If you’re still yearning after your childhood collectable cards, then go with that. 

Knowing and understanding the ecosystem of that NFT will help you gain a profit from your investment. 

Or you can get lucky, like the person who sold a CryptoKitty collectable card for $172,000.

At the time of writing this article, the most expensive NFT ever sold is Beeple’s First 5000 Days. It was sold on March 11, 2021, by the Christie’s Auction house, for $69.3 million.

How to Invest In NFTs

Although the digital drawing of a kitten seems like an impossible thing to achieve for profit, that was an NFTs trade. And it proved that games with NFTs are a surprising but legit investment.

Many NFT marketplaces offer you the option to buy an NFT, sell or even create them. You can use online marketplaces such as OpenSea or Rarible for buying NFTs and digital art. You can think of NFTs as stocks to buy that may increase in value in the future and generate income when you sell them. 

Gamers and card collectors should look at blockchain games that offer top NFTs to invest in, such as FootballCoin. Buying and selling NFTs can be easily done on the in-game NFT market. 

Why FootballCoin NFTs Are the Best Choice

What Is FootballCoin?

FootballCoin is a fantasy football blockchain game. 

The entire ecosystem is based on the game’s own cryptocurrency, XFC, which can be earned while playing the game for free. If you’re looking for the best cheap crypto to invest in, learn more about the economics of the game and how to get XFC, as the game continues to improve year after year. Regular players earn a monthly income from the game.

But what makes the game stand out is its unique approach to fantasy football, by providing NFTs which can be used in the game, or kept in your wallet as a long term investment. These are the best assets to invest in, in a card collectable blockchain game.

In FootballCoin, a non-fungible token or an NFT comes in the form of collectable cards with football players and stadium cards. All of these are registered on the blockchain and come in limited supply. 

As a fantasy football game, players can use the NFT football cards to join competitions in the game. As a player, you can also create your own competition, if you have a stadium NFT card to play on. 

Note that not all football player cards are NFTs. Less known football players still have a card, but they are free and don’t come in limited supply. Those free cards can be used by anyone to create a fantasy football team in FootballCoin. That’s why the game is free to play. 

More famous players such as Christiano Ronaldo or Lionel Messi have an NFT card. Because of that, if you own their card, you can only use it once at a particular moment in time. If you decide to use your NFT in the game, then you can only use Ronaldo or Messi once, in a contest. After the contest is over, the NFT card is available for use again. 

NFTs Generate Daily Income

Fantasy football fans will love the concept of the game, but others might find it too complicated to start investing in NFTs. 

Trying to understand the mechanics of FootballCoin can be overwhelming, but investing in NFTs is not. One of the most undervalued aspects of the game is the NFTs market and the perspective of owning FootballCoin NFT cards as a long investment. 

Even as a complete foreigner to the world of fantasy football, with a little bit of research, you can invest in the right NFTs and earn a daily income by either playing the game or leasing the NFTs. We recommend you can follow their social media for regular tips on how to play the game.

Football Player Cards NFTs

The main two NFTs you can own in FootballCoin are football player cards and stadium cards. 

Football player NFTs have clearly marked as 3, 4 or 5-star cards. These all come in limited supply. Here’s a more detailed explanation of the NFTs distribution in FootballCoin

How can NFT football player cards be used in FootballCoin?

FootballCoin’s NFTs can be used to:

  • Participate in daily fantasy contests, 
  • Leased to other players to use them in the contents or 
  • Can be sold. 

If you decide to lease your NFTs, you can set your price in the game’s cryptocurrency, XFC. 

If there is demand for your NFT card, someone will probably lease it and pay you the asked amount. After the contest is over, you get the NFT back in your wallet, and you can repeat the process for each one of your NFTs. 

Unlike participating in the daily fantasy contents, leasing is more advantageous and it can bring you a predictable income. That’s why FootballCoin NFTs are the best NFTs to invest in. 

After you understand what NFT card players are in high demand and play more often, it’s easy. It’s more of a market game than it is a football skill game. That’s where your real-world knowledge about European football will help you devise investment strategies for buying and selling NFTs. 

Football player NFTs can be bought from other players, using the in-game market, or directly from the game, in packages of 3, 4 or 5 NFTs. 

Given the real-life performance of a given player, the corresponding FootballCoin NFT can experience a significant increase in value over time. 

Stadium Cards NFTs

Stadium cards in FootballCoin are the second type of NFTs available for investment. While these are more pricey than the others, stadium NFTs allow you to organize private contests in the game. 

The owner of the stadium gets a share of the total value of the prize, as follows:

  • 3-Star stadium NFT rewards you with 3% of the total prize
  • 4-Star stadium NFT rewards you with 4% of the total prize
  • 5-Star stadium NFT rewards you with 5% of the total prize

Stadium NFTs also come in limited supply and can be bought and traded. 

Transaction fees

FootballCoin does not have any transaction fees on the platform. 

Trading football players and stadium NFTs can be done easily from the market section of the game

Note that all NFTs can be owned indefinitely, without paying any fees in the game. However, FootballCoin NFTs can only be traded in the game, using the market section. 

Trading the game’s cryptocurrency, XFC, on third-party crypto exchanges can be subject to transaction fees. 

Are NFTs the right investment?

NFTs, or non-fungible tokens, are a secure way to ensure ownership over a digital asset. Especially digital art collectors see NFT investments as a good investment. Owning an NFT creates value for the item. Physical art can also be tokenised and this process can help eliminate duplicates, while also determining the clear owner of that piece of art.

The state of Ethereum Blockchain-based video games

The state of Ethereum Blockchain-based video games

When most people come across the term Blockchain, the first thing that comes to mind is cryptocurrency payment. The Blockchain technology has so many other impressive applications that most people are not aware of. Some of these applications are smart contracts, securities, record keeping, and gaming.

In this article, we’ll talk about Blockchain-based gaming. Did you know that some of those online games you enjoy are based on Blockchain technology? It has even been argued that gaming will facilitate the mass adoption of the technology. Let’s start by agreeing that Blockchain is going to disrupt the gaming industry.  

Ethereum Blockchain-based games

Currently, most Blockchain games are built on the Ethereum Blockchain. They include the following

  1. Crypto-space commander – as the name would suggest, the game entails building battleships, battles and travelling the stars.
  2. Other bots – a game in which the players build robots from a collection of parts, then the battle against their opponents and can sell their robots in a market place.
  3. Zombie battleground – the name of this trading card battle game is self-explanatory
  4. Decentraland – in this game the players can purchase, explore and build structures on a decentralized public land.
  5. Sky waver – in this game, the players pick sides in a battle between chaos and order in a territory called sky.

The scaling problem

Scaling in Blockchain entails the achievement of high transactions per second. Scalability is a critical feature in gaming. Unfortunately, up until now, it remains to be the most crippling problem that is faced by most Blockchain games.

When the popularity of an online game increases, maintaining its operations becomes more taxing. This is because hundreds of thousands of operations go into maintaining a single game’s operations.

It is becoming increasingly hard for Ethereum to put up with that amount of load.

 Take for instance the online game CryptoKitties, during its launching, it occupied a large portion of the ETH Blockchain transactions. Transactions costs continued to increase with the popularity of the game. Finally, when the game was at its peak f popularity it rendered the entire ETH Blockchain useless.

The Blockchain gaming systems need to be able to keep scaling along with the evolution of the game that is built on them.  And that’s why games need to function on their own independent blockchain. Most consider these Etehereum games to be crypto games, not blockchain games.