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NewsBTC 2022-03-29 10:00:19

Top Gaming Projects Entering the Crypto Space

The largest grossing entertainment sector is the gaming industry. Boasting a whopping $145b in revenue, the gaming sector has taken the globe by storm. As of Q1 2022, the market value of the gaming industry is $155b (link). The gaming industry saw success during the recent pandemic, where many worked from home. Computer-based gaming saw a surge as many moved to games they could play on their work devices. The games that saw a revenue boost had short, sweet and competitive gameplay loops. Games in which someone working could log on, play for a short amount of time and go back to work saw great success (link). The surging gaming trend would soon see the improvement of blockchain technology as the concept P2E (play-to-earn) was born. P2E rewards players for gaming with the platform’s chosen token. These cryptocurrency tokens have strictly assigned dollar value based on the rarity of the token. These tokens are then automatically distributed through the blockchain to a player’s account – simply for playing. Normally transactions are limited by the blockchain used. For instance, a token on the Ethereum blockchain cannot be sent to a user on BSC (binance smart chain). However, K4 Rally is cross-chain, meaning that any user on Ethereum, BSC, Avalanche or Polygon can play with ease. K4 Rally and its token $K4R is one of the leading P2E projects with its high-quality graphics and accessible computer specifications. K4...

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