Peafarm - NFTs make it possible for gamers to have digital property rights

in #gaming3 years ago

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INTRODUCTION

Every day, we hear more engagement by major industry players as we creep closer to the Metaverse, a shared persistent virtual environment of interconnected digital experiences. And it all starts with playing games. Video games make us feel like we can do anything.

Games and gamers

This goal is something that players value tremendously, and each week, gamers spend an average of about 30 hours playing games, interacting on game forums and participating in game streams. Any sense of freedom or ownership that players feel is an illusion because game publishers and platforms are actually in control of your game and metaverse experience. Valued at over $170 billion and growing, the global gaming industry is valued more highly than film and music combined. There is a lot at stake for game publishers who feel they need tight controls on games to protect their profits.

Games vs.

Tencent, the world's largest video game publisher, is suing DD373.com for $6.2 million in damages for allowing Dungeon Fighter Online players to trade virtual coins and other in-game items on the DD737.com website. Even virtual game coins, which players buy from the platform in exchange for other in-game items, represent a «service fee», according to Tencent. In short, players are not allowed to trade their in-game assets off the platform because they never actually own those assets in the first place. Almost every game publisher follows the same approach.

Players are required to use the in-game trading system and can only transact with certain in-game currencies such as coins, credits, gold and gems. As such, in-game assets only have their original in-game value. This happens regularly in the game world. Delisted Games is a website that tracks dead games.

One current example of a game facing an untimely demise is the China-exclusive version of Call of Duty, which is scheduled to close in August and has been accepting payments for in-game purchases until the end of June. In March, players of the survival game Rust lost a day of progress when the game server literally caught fire. It seems ridiculous to block access and participation to online games by region, especially given the borderless and inclusive nature of games and virtual worlds. Basically, the gaming industry takes a very protective and restrictive approach.

NFT is a game changer

Every bit of content in the game can be owned by the player. The cars, parts, tires, and even the drivers and tracks you use to race are NFTs that can be used in games or traded on third-party marketplaces, subject to the prerogative of their owners. The more game content that is tokenized to empower gamers and grant digital property rights, the more optimistic I am about the future of the gaming industry.

What is Pea Farm?

Peafarm is a crypto game that applies blockchain industry practices to create special, completely independent and irreplaceable products.., Peafarm's network and protocols not only create companies in mini games, but also create residual value calculated in digital assets. Simply put, gaming is now not only a fun game but also a place to invest profitably and make money. This is how BlockBurn projects Peafarm.

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About the project

Peafarm is a cryptocurrency game that uses blockchain industry practices to create a custom product that is completely independent and irreplaceable. Within the Peafarm gaming ecosystem, PEA acts as the platform currency primarily traded and used across all gaming or investment activities and applications. Apart from the entertainment and creative elements of the game, the Peafarm ecosystem is also a place where people make financial investments while making huge profits from various farming methods. PEAFARM's goal is to allow users to exchange items harvested from farms in the game system using the most easy and convenient way. In the PEAFARM ecosystem, every member can experience complete facilities and unlimited functionality on the platform. As the best gaming app on the blockchain platform, Peafarm is changing everyone's traditional view of how to play video games.

Pea.Farm list in BKEX

In the blockchain industry, the core function of exchanges is to help users find high-quality assets and enhance their trading ability, rather than focusing on short-term profits. Cryptocurrency exchanges should not only provide users with diversified trading varieties to meet their diverse trading needs, but also, and more importantly, select high-quality projects for users and provide a wealth of secure trading tools. Commitment to creating real value for users is the foundation of the exchange in the long term. At the same time actively cooperate with high-quality NFT project parties.
bkex will be the first to launch high-quality assets in the NFT field, and also provide support for the ecology of NFT, including market resources, brand resources, community resources, overseas resources, technical resources, etc…
@PEAFARM IS REGISTERED ON BKEX:
— Trading pair: PEA/USDT
— Trading time: 18:00 on Jun 5 (UTC+8)

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This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

For more information on this project follow the link below:

website: https://pea.farm/
twitter: https://twitter.com/PEAFARM3
linkedin: https://www.linkedin.com/company/pea-farm/about/
telegram: https://t.me/PEAFARM_chat
media: https://pea-farm.medium.com/

Author:

Bitcointalk Username : shisio66
BTT profile: https://bitcointalk.org/index.php?action=profile;u=2750123
BEP-20 Wallet Address: 0x42D78e7127F6E446f2e86B634e0Fa98eBAA7bD2c

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