Source : zycrypto.com
Crypto gaming has spiked over the last couple of years, with 2021 being a really good year for the gaming industry with over 475 million dollars raised by gaming companies. Blockchain games are estimated to reach a total of 10 billion dollars by the end of 2022.
The positives of the GameFi industry are the potential to make money through rewards, a marketplace that allows the trading of assets, and also gives gamers ownership of their in-game assets. The gaming industry has the potential to become very lucrative, the common way is by trading blockchain tokens.
In the past, traditional games were controlled by centralized servers, who possessed all the rights of the game and had the power to do as they pleased with all. Users have no ownership of anything they have accomplished in these games or items they have collected through their character’s activity such as outfits, rewards, and weapons. These digital in-game assets don’t have value in the real world.
New Platform Xchange Monster (MXCH)
The new and emerging platform Xchange Monster (MXCH) wants to be a breath of fresh air in the crypto gaming world. The Xchange Monster (MXCH) project is mainly driven by its will to create a unique crypto gaming platform that provides many solutions to the GameFi community and publishers.
All services offered by Xchange Monster (MXCH) are completely regulated and standardized by one of the most trustworthy and respected regulators in Switzerland. This is the reason why in-game assets are protected on their platform. This also helps Xchange Monster in lessening the likelihood of fraudulent activities, or cyber hacks that can potentially end in the loss of in-game assets.
Through the Xchange Monster app, you will be able to trade anywhere and anytime, as they aim to make buying crypto safer, faster and more user-friendly than it ever has been. With Xchange Monster you can diversify your crypto portfolio across multiple assets at low costs with less than a few clicks.
Start Building Wealth with Solana (SOL)
Solana is a decentralized blockchain built to enable the use of scalable and user-friendly technology around the world. They can accomplish supersonic transaction speeds and a high level of processing capacity; the Solana platform says it can process more than 50k transactions per second.
Solana has its own NFT marketplace which has been getting adoption by users due to its cheap transaction fees and opportunity of acquiring NFTs. Games are being constructed on the Solana network due to their scalable network and low fees. The popular game Star Atlas, which is familiar to people of the GameFi sector, is being built on SOL, along with many more upcoming games.
Solana is a fully functional ecosystem that solves the many dilemmas of speed, scalability, and cost. There are many decentralized applications and exchanges built on the SOL network.
To sum up, you should consider taking a look at Xchange Monster (MXCH) as it is still in its presale phase, and acquiring it early could potentially be a good long-term purchase, as once it is officially launched the price may rise.
Xchange Monster (MXCH)