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Blockchain Gaming

Risk of handling crypto wallets

To the public, Cryptocurrency is still a novel and poorly-understood technology. Because of this, some users may not have the necessary knowledge to safely carry out transactions and manage their crypto wallets. Without a proper understanding of blockchain security, users can have serious problems, losing private keys (meaning they’re unable to access their on-chain assets) or even having their digital assets stolen by hackers. To encourage more people to get into blockchain games, there needs to be lower barriers to safely managing crypto wallets.

Information vacancy for gamers

In current play-to-earn games, gamers are usually required to buy NFT assets before joining the game. The current lack of information on NFTs, however, can lead to a reluctance to invest from gamers. This overcautiousness means gamers are less likely to buy digital assets before getting into these games. Because of this, there’s a pressing need for a platform where gamers can find detailed and reliable information on new and upcoming blockchain gaming projects. To increase trust and awareness, the platform would also need to provide information about public token sales, and enable preferential participation in sales.

Technical barriers

Aside from issues for gamers, there are also technical barriers for traditional game developers too. Traditional game companies may not have a ready-made protocol to integrate with blockchain, and may need to learn a lot about how to do this and handle digital assets. For example, developers need a safe and reliable way to distribute in-game reward tokens, and may face obstacles in assessing or operating players’ on-chain assets.
Last modified 1mo ago