You heard good ole Zuck talk about. It's this idea of intertwining the virtual world with the physical one. He's talking about owning "virtual" property, which is already possible in games like Decentraland and Upland.
This is done through the use of the blockchain to create NFTs, or non-fungible tokens. Think of NFTs as a unique item, like a shiny Charizard Pokemon card or a signed copy of Stephen King's It or the original painting of the Mona Lisa. It's not very easily replaceable and hard to find.
Now in the real world, holding these items under your physical possession kind of proves your ownership of them, but in the virtual world, we need to verify data in order to prove your ownership. Sound familiar?
Remember we talked about **crypto/Bitcoin and how it uses this Blockchain technology to verify the fact that you own **that cryptocurrency?
Well, the same technology is now being applied to Non-Fungible tokens, unique items like pieces of art and of course, in-game items. No longer is that sword or pony just something you get in the game, it's something you VERIFIABLY OWN.
Bitcoin itself is "fungible". One Bitcoin is exactly the same as any other Bitcoin in existence. Just like One dollar bill is the same as any other dollar bill.
But now we can create non-fungible items that have uniqueness. That's the key word. Non-fungible means uniqueness.
And this idea of owning items in the digital space is beginning to make waves.
Already, collection toy companies like Funko Pop are offering NFTs in addition to the purchase of a real physical toy. These NFTs can then be traded on a digital market. Cities across the world are planning to implement NFTs in their future building plans.
And this only the beginning. We're going to see the digital and physical world blur together more and more.
With gaming already encouraging players to collect loot and unlock characters with no other incentive than bragging rights, having NFTs in game is going to shift the entire industry.
No longer are you wasting hours into grinding levels or collecting resources in a game like Runescape. No longer are you fighting a boss over and over in hopes to get that one rare drop just so you can brag to your buddies or win some PVP.
NFTs turns your game time into valuable time. That rare amulet you found in the chest? Yeah, that's yours now, not your game character's amulet. YOURS. You own it!
Now fair warning, there is typically an upfront cost to get started with NFT games, and that may be a bit of a turn off for some of you.
But honestly with new games running over $60 now and over a hundred for the "deluxe" editions, plus the system or PC you gotta buy to even play the game in the first place, even if you're not gaming with NFTs, there's still a price to pay up front.
Thing is** with traditional gaming, you don't earn anything back, but with NFT, you can actually profit off your game time.**
Like, you're going to be playing games just for fun or achievement sake, you might as well get paid for your time. I'm serious this is one of the biggest opportunities to make a living being lazy.
You can literally lay on the couch and play video games all day and get paid to do so. No need to stream or build a following. No need to get sponsors or dabble around with affiliate marketing. No creating content on blog, videos, or podcasts. Literally just playin the game.
Now I'm not a financial advisor. I don't have any sort of experience or authority to help you make decisions with your money. That's on you. Do your own research. I'm just a lazy dude with an opinion.
Anyway, in the oncoming weeks, I'll be sharing with you some NFT games I'm finding to be rather profitable and today we're going to start with one called BombCrypto.
Read the Full Transcript/Blog: http://www.procrastin8r.com/blog/bombcrypto
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