NFT Gaming is growing faster than ever before. The gaming industry is currently valued at $192 billion, with a strong indicator showing that it will surpass the $300 billion mark in the next few years. Behind this boom is a recent introduction in NFT, especially in an OWN to EARN (O2E) concept, which has made gaming a more practical and equitable experience for the estimated 3 billion gamers worldwide.
But for many, being online just for fun is no longer their primary driver. As the saying goes, time is money and players have certainly taken notice that they’re making a big investment in virtual experiences with no return. That became motive to build Spooner NFT https://nft.bettingspoon.com So they’ve started looking for ways to monetize gamer’s time and hobby. However, generally, beyond the world of eSports, there haven’t even been many opportunities for regular players to cash in (Shine your spoon) on the effort they put into gaming – until now.
The rise of blockchain games has turned the tables on the gaming industry by making players, and not developers, the main financial winner. Spooner’s OWN to EARN (O2E) terminology is a new trend that shouldn’t be overlooked. But before we get into the details, it’s worth understanding how to shine your spoon.
How NFT can Shine Your Spoon?
NFT is a form of ledger technology that functions as a recording and storing system for information and it can’t be hacked, tampered with or otherwise altered. A network’s transaction history is, in principle, publicly available. Blockchain powers cryptocurrencies, like Bitcoin and Ethereum, opening a world of possibilities across virtual economies – and Bettingspoon has certainly realized the potential. NFT introduced for the first time decentralized and fair virtual markets, where players have a legal standing as gaming companies no longer have dominance over the entire gaming experience. The potential of blockchain in gaming extends beyond powering virtual economies:
Most games will have their marketplaces where users can trade and exchange items, such as weapons, clothes and place. But they don’t own any of it, even if they paid real money for it. That’s because for most of gaming history, gaming company followed a greedy business model which means that they’ve had full control over game dynamics, from the storyline to the game assets collected and paid by players. Since it’s all owned by one entity, players have no ownership of their accounts and items. Also, there are also other limitations associated with this unsustainable model, including lack of transparency and potential for manipulation of game mechanics. BettingSpoon don’t think that that was a fair practice.
Spoon Ownership: blockchain-based “Bettingspoon NFT” game enable players to have real ownership and full control over their in-game assets, including any income arising from owning the asset. All assets are represented by unique non-fungible tokens (NFTs).
Spoon Interoperability: by linking in-game assets in SPOONER NFT, players can trade them across different game markets hosted on the blockchain or collect passive income based on the amount your asset generates.
Equitable Distribution: SPONNER NFT enables the creation of open, distributed, and transparent ecosystems. Spooner/player and not gaming companies are in charge of game dynamics, and gamers can vote in favor of changes. This also prevents cheaters from spoiling the experience.
Unlimited creativity: when a game runs on a centralized server, the developers can decide to shut it down at any time. With SPOONER NFT, players can continue playing a game even if the developers are no longer involved, and organically grow games with new narratives and assets.
Can you earn money from “Not Playing” games?
As mentioned, there are two features that make Bettingspoon unique: the integration of cryptocurrencies, which are used for in-platform payments, and the use of NFTs. SPOONER NFTs are a significant step forward as they allow users to own unique assets that can be traded with other players within the same game or transferred between platforms or distribute passive income. And much like in real-life economies, you can realize tangible gain from marketplaces inside any of BettingSpoon games.
How to get started to Be a Spooner?
So if you’re convinced by what you’ve read so far, it’s time to roll up your sleeves and get this going. Just visit https://www.bettingspoon.com/. From here, all that is left to do is pick your spoon and own the property. And you’re all set. Shine Your Spoon.
Source: https://crypto.news/shine-your-spoon/