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<p>Hey you, gamer! Are your girlfriend or mom unhappy with you 24/7 playing video games or spending family budget/pocket money on new skins? Let her stick to her knitting, as you may even make money out of it! OK, you&#39;ll tell that if you&#39;re a rude person. Instead, you&#39;d better tell her about Web3, blockchain games, and GameFi concepts to explain and take a chill pill! Use this article for your argumentation in the future.</p><p>Related: <a href="https://hodl.fm/the-future-of-gaming-2024" rel="noopener noreferrer nofollow">The Future of Gaming in 2024: The Potential of Blockchain Technology</a></p><h2 id="header-0">Where Are We Now?</h2><p>Heading into 2024, the blockchain gaming industry has seen a surge in investment. Let the numbers speak: in the period from May to November 2023 alone, more than<a href="https://www.forbes.com/sites/digital-assets/2024/01/22/exploring-the-future-of-crypto-gaming-in-2024/?sh&#61;35d91d9f65f2" rel="noopener noreferrer nofollow"> $1.4 billion</a> was raised. Well, money is floating into the metaverse, right?</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/c0a2b9739c8846b1905e413cd759937f.gif" /></p><p>Moreover, traditional gaming giants like <a href="https://www.ubisoft.com/ru-ru/" rel="noopener noreferrer nofollow">Ubisoft</a> and <a href="https://www.ea.com/ru-ru" rel="noopener noreferrer nofollow">Electronic Arts</a> are actively exploring the integration of NFTs and blockchain technology into their games. OMG! One day, it could be possible to withdraw your entire budget from SIMS! In &#34;Motherlode,&#34; we trust! For real, signaling a mass adoption trend. These Binance ads all over the Internet haven&#39;t gone to waste, have they?</p><p>Game devs are stepping up their game to make blockchain games more fun and inviting for everyone, not just crypto nerds. Josh Jones, co-founder of the open-world blockchain game <a href="https://cornucopias.io/" rel="noopener noreferrer nofollow">Cornucopias</a>, believes that the industry is getting to gotta make all that blockchain jargon simpler so more regular gamers can jump in without scratching their heads. Mixing classic gaming with blockchain tech could shake things up and push the gaming world forward in 2024.</p><h2 id="header-1">Wait! I&#39;m a Newbie. What&#39;s All That About?!</h2><p>Sorry, buddy! Let&#39;s start from the very beginning.</p><p>Basically, this is all about monetization of the game process and ownership of in-game assets. Add the new word to your &#34;mempool&#34; — GameFi. Yeah, we&#39;re still in the realm of video games! The history of video games traces back to the 1940s, <a href="https://newatlas.com/first-video-game/18695/" rel="noopener noreferrer nofollow">with the development of early electronic games</a> like &#34;Cathode-Ray Tube Amusement Device</p><p>The late 1970s saw the emergence of home video game consoles, such as the Atari 2600 and NES, shaping the future of gaming with iconic franchises.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/5234e5601b584122a7232e5d8954de41.gif" /></p><p>The 1990s marked significant technological advancements in video games, transitioning from 2D to 3D graphics and introducing larger storage capacities. Online gaming emerged in the late 1990s, with games like &#34;Quake&#34; and &#34;Ultima Online&#34; paving the way for MMORPGs like &#34;World of Warcraft.&#34;</p><p>Modern gaming has seen transformations with enhanced graphics, online connectivity, and innovations like virtual reality (VR) and augmented reality (AR). And talking about blockchain games, they are changing one more thing – retention of ownership of digital items in the form of NFTs.</p><p><img src="https://hodl.fm/wp-files/2024/02/JFcY_Cgm3glAAZXPxOqPT1vuEpV3Ew91sg3BWoOWVw6ukJ4SEQgNs9DL3d0jX54UvL9KejyXn9HUTSgEIiz-g6_uyXmH2tvBRW31kLuxnGnbAws4oB-oljT_auWQPel89g7HKpI_XBhN1pgBzb7vAbs.gif" /></p><p>The classic &#34;pay-to-play&#34; model (non-blockchain games) requires the user to pay for a subscription or licensed access and attributes that sweeten your gameplay. This category of video games runs on centralized game company servers. Therefore, you don&#39;t really own all these looted garments, swords, etc.</p><p>GameFi is changing the traditional gaming industry. From the &#34;pay-to-play&#34; we go into the &#34;play-to-earn&#34; model. It combines gameplay and monetization, while blockchain makes the model decentralized and transparent.</p><p>In GameFi, it&#39;s not just playing around—you actually own cool stuff like weapons, outfits, and characters that are worth real money outside the game. You can sell or <a href="https://nftplazas.com/learn-about-nfts/a-list-of-the-best-nft-marketplaces-and-platforms/" rel="noopener noreferrer nofollow">trade them on NFT sites</a>. Plus, you get rewards in tokens that you can swap for crypto, bringing the whole play-to-earn thing to life.</p><h2 id="header-2">First Experiments in GameFi</h2><p>So, GameFi got kicked off by Andre Cronje from <a href="https://yearn.fi/" rel="noopener noreferrer nofollow">yEarn Finance</a> back in 2020, but games were already messing with crypto way before that. Like, back in 2014, some online casinos were cool with taking Bitcoin.</p><p>Later, these Minecraft nerds tried mixing Bitcoin into the game. On this MinecraftCC server, you could earn Bitcoin for pretty much-doing anything—stacking blocks, slaying monsters; you name it. But by 2016, things got unstable, and <a href="https://discord.com/login?redirect_to&#61;%2Fchannels%2F693277482367058020%2F1085217677301256355%2F1154974139493384293" rel="noopener noreferrer nofollow">they ditched the Bitcoin part</a>, though the server was still up and running.</p><p>From 2020, GameFi really started to boom (you remember the investments in 2023, right?!). Tons of games popped up where you could own, buy, and sell game stuff as NFTs, all thanks to the DeFi and NFT craze getting bigger.</p><p>Related: <a href="https://hodl.fm/2024-blockchain-gaming-scenarios-beyond-imagination" rel="noopener noreferrer nofollow">The Blockchain Gaming Industry in 2024: 5 Hypothetical Gems We Might Unbox!</a></p><h3 id="2024-most-popular-blockchain-games">2024 Most Popular Blockchain Games</h3><p>According to the biggest global NFT &amp; DeFi dapp store, <a href="https://dappradar.com/dapp/trickshot-blitz" rel="noopener noreferrer nofollow">DappRadar</a>, the rating of the blockchain games is the following:</p><h3 id="hot-game">HOT Game</h3><p><a href="https://t.me/herewalletbot/app" rel="noopener noreferrer nofollow">HOT Game</a>&#39;s a fully functional blockchain game that allows you to store, send tokens, earn them for tasks, or export your account to any other wallet.</p><h3 id="motodex">motoDEX</h3><p><a href="https://openbisea.io/motodex" rel="noopener noreferrer nofollow">motoDEX</a> is an NFT game is a competition of multi-level racing on motorcycles on high-speed tracks with unlimited opportunities for players.</p><h3 id="starrynift">StarryNift</h3><p><a href="https://starrynift.art/" rel="noopener noreferrer nofollow">StarryNift</a> is a co-creation metaverse, bringing players immersive 3D virtual experiences where they can Play, Create and Socialize.</p><h3 id="read-more-on-a-href-https-hodl-fm-blockchain-gaming-future-pros-cons-trends-rel-noopener-noreferrer-nofollow-hodl-a">READ MORE ON <a href="https://hodl.fm/blockchain-gaming-future-pros-cons-trends" rel="noopener noreferrer nofollow">HODL</a></h3>

New Era of Gaming: Blockchain Changed The Gaming World!

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