EOS Games: One Way To Mass Adoption

Starting this short post I see that Bitcoin's price went up 700 dollar in a matter of hours. Maybe a good time to talk a bit about the future of crypto-currencies ;-)

_{source: EOS Knights}

We're all waiting to see when people will come to our side and see that a decentralized economy on a public blockchain is the way of the future and start using this type of money, instead of fiat money issued by central banks. And even we crypto-pioneers ourselves are guilty (at least I know I and a lot of my friends are) of mostly "sitting" on our "virtual gold", rather than actively engaging with it in an active economy; the only transactions we actively engage in are the trades we make on exchanges and the occasional "wiring" of some electronic cash to a friend or relative.

This is part of the reason why the Bitshares and STEEM blockchains are still the most used blockchains in the world: more transaction are being made on "our" blockchains than on the rest of the top ten combined:

_{source: Blockchain Activity Matrix, 18^thJuly 2018}

I'm especially impressed by the 4.8 million transactions on Bitshares! Heres's a not so old quote from February 18^th:

Created in 2014, Bitshares is one the of the true blockchain veterans. It was created by blockchain wunderkind and visionary Dan Larimer to facilitate financial transactions and interactions in a decentralized way. This is made possible by the Bitshares decentralized exchange, on which cryptocurrencies can be traded and created. Bitshares is technologically quite advanced, and even has the record for most transactions in one day (920,000 transactions on September 13, 2017).
_{source: Invest In Blockchain}

I'm actually very impressed by the performance of this decentralized blockchain. Oh, and I said "our" blockchains, plural, because STEEM and BTS (BitShares) are both brainchild of our own @dan (Dan Larimer). But it's as I said: exchanges are the primary way we actively engage in the cryptographic economy, and Steemit, DTube, DLive and any other decentralized application or Dapp we use on top of a blockchain that's able to process many transactions per second.

This "processing power" is supposed to be the main feature of Dan's latest creation, EOS. EOS is created like a platform on top of which developers can create Dapps of any kind, and many of them are being made right now. Each of these Dapps will run on their own virtual currency, hence the constant release of new coins on the EOS platform: EOS Hodlers receive these coins for free. But without going into the technology too much, the idea is that eventually end-users will just start using the currencies because they start using the Dapps.

When I started here on Steemit a couple of months ago I was surprised to see a small amount of SP in my wallet: I didn't buy that, it was just there. Whitout it I couldn't have started to use the platform because it costs bandwith, backed by staked SP, to be able to upload my posts and images. EOS has the same priciple: users of Dapps will need some amount of staked crypto to have processing power and bandwidth to use the dapp. But this will be in the background mostly in the ideal situation.

And I believe games have a good chance to be the kind of dapps that will "lure in" a lot of new users to the blockchain side of life.

I have received my first free wizard from wizards.one, but it's still locked, or giftwrapped:

_{source: game.wizards.one}

Also EOS Knights is about to enter the EOS blockchain as its first mobile game, in which it'll be possible to trade and swap items on the blockchain:

_{source: EOS Knights}

I am really positive about all of this, and not only about EOS's efforts to make mass adoption of crypto possible in this way. It seems all of us, ourselves included, need a helping hand in actively engaging in the crypto-economy. The actual trading of goods and services is coming along slowly, but I truly think that the "blockchain-as-a-platform" approach could do wonders. At least that's what I believe and hope ;-) What do you think?

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Bitcoin | Litecoin | EOS | OmiseGo | FunFair | KIN | Pillar | DENT | Polymath | XDCE | 0x | Decred | Ethereum | Carmel | XYO