Blockchain gaming, which allows players to earn crypto rewards through playing digital content, has grown significantly in recent years. It is part of a wider crypto market projected to grow to a $5bn valuation by 2030.
Unlike traditional video gaming, blockchain gaming involves the purchase of real, albeit intangible, assets to play with. These assets can be bought, traded and sold on a blockchain, which acts as a digital ledger, registering every transaction made.
GameFi, or game finance ecosystems— such as the one recently released by Spintop Network— simplify the digital gaming environment and provide a network for gamers to trade, invest in new content and find new games.
A Spintop spokesperson commented: “With the developing global market for digital gaming, the community is watching this sector boom and benefit users financially. With so many opportunities, bringing interest groups together and cataloging those opportunities becomes key. Gamers can use the many features of the hub to both discover and profit.
“Spintop’s GameFi ecosystem provides gamers with the option of finding games across Gamepedia, trading tokens across Spindex, and sharing NFTs across the NFT Marketplace. It uses the tools of Web3 to offer a unique experience.”
Spintop Network’s ecosystem also provides a marketplace for NFT traders, allowing them to buy, sell and rent their NFT assets with fellow crypto traders.
Recently, Spintop Network has announced a raft of partnerships with digital gambling operators, which will use the new ecosystem as a platform to run off.
BetU Verse, a licensed metaverse casino; EarnU, a play-to-earn sports and esports predictor game; BetU, a sports and esports betting platform, have all partnered with Spintop Network recently.
