Fun

News Feed - 2023-07-21 06:07:18

Ezra Reguerra14 hours agoDota 2, Rocket League pros ‘want to explore’ Web3 and blockchain gamingProfessional Dota 2 player Erik “Tofu” Engel believes that Web3 has very beneficial features for gamers.5958 Total views22 Total sharesListen to article 0:00NewsJoin us on social networksWhile game developers seem to hate the idea of Web3 coming into games, players who compete in gaming tournaments for a living are more open to trying out blockchain gaming.


Professional Dota 2 player Erik Engel for Gaimin Gladiators, more commonly known by his gamer tag “Tofu,” expressed his thoughts on Web3 and how it can help gamers in a statement sent to Cointelegraph.


Engel, who has won over $400,000from various major tournaments in the Dota 2 competitive gaming scene, said it’s refreshing to see companies make “more out of games than just games.” He explained:“The idea of blockchain gaming is still a new and expanding topic for most of us, and it’s something I want to explore more in the future. If it’ll improve gaming and make it even more rewarding, then that’s definitely something to look out for in times ahead.”


In addition, Engel believes that Web3 has features that “genuinely feel beneficial to the player” and expressed that he’s excited to see what companies come up with in the future.Erik “Tofu” Engel carrying the trophy after winning the ESL One Berlin Major tournament. Source: Gaimin Gladiators


Rocket League professional gamer Max Ng, known by his gamer tag “Maxeew,” also echoed Engel’s sentiments. According to Ng, he really liked the idea of games being developed differently. He said: “The idea behind adding new technology and features is something that pretty much any game can benefit from, especially when it is something that can reward the users’ time and expenditure on the game itself.”


Ng said that while he’s already looked into blockchain-based games, he has never tried them personally. However, the gamer said that he’ll start to get into it once the busy competitive gaming season ends.Max “Maxeew” Ng competing in a Rocket League tournament. Source: Gaimin Gladiators


Meanwhile, Joseph Turner, the co-founder of Gaimin Gladiators — the organization to which Engel and Ng belong — said that the initial advent of Web3 games built within the decentralized finance space “spooked many major publishers.”


In 2021, Valve Corporation — the developers of popular video game titles like Dota 2 and Half-Life — removed blockchain-based games from its gaming marketplace, Steam. The company updated its guidelines to disallow games that issue cryptocurrencies or nonfungible tokens.


Turner described Valve as an “extremely traditional” gaming company and said the firm would not be diving into Web3 like other companies did. Despite this, Turner believes that the tide will change. “Although I understand why Valve made the statements they did, I feel their position will change rapidly over time,” he said.


Apart from integrating Web3 with games, the gaming organization executive encouraged blockchain projects to be involved in the professional gaming scene. “I strongly believe that the Web3 world should directly engage the competitive gaming industry,” Turner added.


Related:Gamers are more interested in earning Bitcoin than NFTs: Survey


Walter Lee, partner growth and GameFi leader at BNB Chain — which started penetrating the competitive gaming landscape through a partnership with Gaimin Gladiators — said that Web3 and blockchain technology could empower traditional gaming ecosystems.


From the tokenization of in-game assets to other use cases, such as an on-chain verifiable random number generation mechanism, Lee believes that “the potential is huge.“ In addition, the executive also believes that because of the speed of the growth of Web3 gaming, it will one day simply be called gaming.


The executive also highlighted that Web3 offers many opportunities for professional gamers as well. He explained:“There is a surge of many interesting upcoming games from various new studios. Some of these titles may potentially gain massive popularity and generate new exciting esports leagues for the industry.”


Lee believes that gamers can also build their brand and revenue streams in Web3: “Players will be able to sustain and build in the industry with lesser reliance on an esports firm; this balances the demand between esports firms and players,” he said.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:Web3 Gamer: Shrapnel wows at GDC, Undead Blocks hot take, Second Trip# Blockchain# Adoption# Games# Valve# Blockchain Game# Gaming# GameFiAdd reactionAdd reactionRelated NewsWhat are fan tokens, and how do they work?The last Bitcoin: What will happen once all BTC are mined?How do DeFi projects generate profit?Immutable’s Gods Unchained launches on Epic Games StoreAnimoca still bullish on blockchain games, awaits license for metaverse fundUnleashing the future of video games with on-demand esports

News Feed

$9 Billion in Bitcoin: Court Trustee Says Mt Gox Rehabilitation Plan ‘Final and Binding’
$9 Billion in Bitcoin: Court Trustee Says Mt Gox Rehabilitation Plan "Final and Binding" Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court&
Is Dogecoin Mirroring Pepe? A Drop To $0.2 Could Be Imminent For DOGE
Este artículo también está disponible en español. Dogecoin (DOGE) has enjoyed extra attention from investors, especially since Donald Trump took office and put Elon Musk
Exodus CEO frustrated as SEC delays listing amid celebrations
Alek Hidell14 hours agoExodus CEO frustrated as SEC delays listing amid celebrationsExodus hits regulatory roadblock despite previous approval as “numerous employees and their families” arrive in New York City to fac
Traders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOT
Rakesh Upadhyay4 hours agoTraders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOTBitcoin bulls are trying to flip $60,000 to support, and if that happens, ETH, SUI, TAO and NOT could move higher.1934 Tot
MMA Entertainment Firm UFC to Launch Exclusive NFT Series With Crypto.com
MMA Entertainment Firm UFC to Launch Exclusive NFT Series With Crypto.com On Tuesday, the digital asset exchange Crypto.com announced the launch of the first official Ultimate Figh
Crypto law firm loses appeal to force SEC’s hand on Ether classification
Jesse Coghlan3 hours agoCrypto law firm loses appeal to force SEC’s hand on Ether classificationHodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered The Indian government has revealed that 11 cryptocurrency exchanges have been unde
‘Governments Will be Unable to Shut It Down’ – John McAfee to Launch Privacy Centric Crypto
"Governments Will be Unable to Shut It Down" - John McAfee to Launch Privacy Centric CryptoThe U.S. Presidential candidate who remains on the run from the IRS, John McAfee, announce
It’s Too Soon to Write Libra’s Crypto Obituary
To paraphrase Mark Twain, rumors of the nation-state’s demise are greatly exaggerated. The exits of Mastercard, Visa, Paypal and four other firms from the Libra consortium ca
SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering
SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders wit
Jesse Coghlan5 hours agoNifty News: Blue chip NFT prices wobble, Credit Suisse tries tokens and moreThe floor prices for some of the largest NFT collections sunk to nearly two-year lows, but have started to edge up in th
Silver Proponent Predicts Medium-to-Long-Term Prices of $125 Per Ounce Thanks to Auto Industry
Silver Proponent Predicts Medium-to-Long-Term Prices of $125 Per Ounce Thanks to Auto Industry Silver prices have been hovering just below the $21 per troy ounce mark over the last