The crypto world has completely meshed with the gaming world in an unbreakable bond. When the possibility of socializing with other players is introduced to the mix, it just adds another layer of intrigue to these games that people really seem to enjoy.
Despite the success of games that feature a social element, some users may not be aware of just how important this social aspect has changed crypto games.
Currently, multiple crypto casinos offer live versions of popular card games and other options, such as the crypto games at Bet 999, that allow people to feel as if they are at an in-person casino. These games are run through a live stream and allow players to interact amongst themselves. This is just one of the elements where gaming and socializing have synced up in the Metaverse.
Live Games in Crypto Casinos
There are different platforms based on the blockchain that run all kinds of games. Up until rather recently, crypto casinos were still lacking a social element. With the introduction of the live games that were referenced earlier, that all changed.
Now, people can play online just like they would at any Las Vegas or Atlantic City-based venue. These games take place at a physical location where there’s a dealer who’s drawing cards directly from a deck or spinning a roulette. This action is being broadcast live to the players who can be sitting in the comfort of their own homes.
The social element really comes into play when the users within the live stream can interact with each other as well as the dealer shown on the stream. It’s important to point out that not all of the live games that these casinos run feature that option.
However, there are many that truly add a new element to the whole experience. When users can interact with each other, there’s a possibility of finding the best crash strategy.
Benefits of Playing in the Crypto World
Why would a person want to play these crypto games when they could potentially access the same social element outside the crypto world? Many of the regular online casinos are now also running these live games. It’s not only crypto casinos that have people gravitating towards the decentralized economy.
Content creators are also finding spaces in platforms such as Flote to share their ideas. There are other platforms that are based on the blockchain that have a heavier emphasis on online gaming as well.
Here are a couple of reasons why some users prefer crypto gaming and platforms to share content based on the blockchain over traditional options.
The first element that blockchain-based platforms have over traditional options is the lack of location restrictions. This is a big element, particularly in the online betting scene. Even though many countries are changing their legislation around these games, some places still feature heavy restrictions.
Prizes and betting limits can also be much more attractive on blockchain-based platforms. Regular options may give slot players a few free spins here and there but not much else. Within crypto casinos, though, those same people could win an NFT with true value in the Metaverse.
One element that people outside the crypto community often overlook is the ease with which players can exchange their crypto or fiat currencies. They’ll usually need to do these to turn them into tokens that can be used in the platforms. When they want to cash out, they’ll have multiple options to do so as well.
The Social Element in Other Forms of Gaming Throughout the Metaverse
Twetch is the Metaverse’s version of Twitch in many ways. It’s a streaming platform that is mainly used by gamers. Like its non-blockchain-based counterpart, Twetch has also become a popular space for people to stream other types of content besides live gaming videos.
The social component is what drives this platform, particularly when these streamers want to monetize their audience numbers. Twetch has an affiliate marketing program that grants users crypto assets when their live streams reach a set audience. Content creators have also been able to pick up external advertising contracts from other companies.
Some of the benefits of using Twetch over Twitch are the same ones that crypto casinos have over traditional options. In this situation, though, the lack of censorship in the content that’s produced on this platform is one of the biggest advantages. Flote, the other platform that was referenced, shares that advantage as well.
This ability to monetize social interactions just like bloggers and vloggers have been able to do for years, but with fewer restrictions, is a relatively “new” element in the crypto-verse. Even though monetizing certain social interactions was possible, it wasn’t as mainstream as it is now.
Will more streamers choose these platforms to monetize their content? There could be a massive shift towards blockchain-based options if some of the regular platforms become more restrictive of the type of content that they’re willing to showcase.
More and more people are leaning into the benefits that the decentralized economy provides. Unfortunately, in some cases, people from certain parts of the world have to enter the Metaverse out of necessity, especially if they want to play things like casino games.
The developers who are creating apps based on the blockchain have a major advantage over the ones in the traditional webspace. In many cases, these apps will feature the same elements that make another app already popular. It seems that all these developers have to do is add the benefits that the crypto economy provides.
Socializing through these games in the Metaverse isn’t necessarily a new feature, but it has become more widespread over the last few years. It’ll be interesting to see how it impacts growth within the user bases of these apps. The social element, though, won’t be the only thing that will incentivize growth.
Restrictions and censorship imposed by countries or the apps themselves could draw more and more people toward the Metaverse. This could be great for many of these apps that are already building decent-sized user bases.