News : "Bitcoin will take the throne for this cryptocurrency"

in blockchain •  4 years ago 

In a recent interview with VentureBeat, Craig Russo Director of innovation of the "incubator" startup Blockchain Polyient Games, stating that the Non-Fungible tokens (NFT) in the blockchain gaming space will pass through Bitcoin in the next cryptocurrency rush.

People are waiting for Bitcoin to grow to 20,000 USD or 100,000 USD per Bitcoin. My own personal opinion about this is that the next cryptocurrency wave will not appear in the form of traditional crypto-currencies. It will appear as NFT and blockchain gaming applications. That is really how we locate ourselves.

NFT is the only digital asset representing something of value. This type of token can be used to buy and sell items in blockchain-based games.

Russo explains that the NFT can provide more legal for peer trading of items in gaming, allowing the player to have real ownership of items and gains from them.

At first, this type of token does not have an extension. By "attaching" in-game items to the blockchain as transactional items have created a new market where these items are valued immediately. It's great to think how that can extend them.

If I were a gamer and I attempted to level up my items. Then I can sell them to someone who wants to buy.

However, despite his optimisi for the NFT, the director of the Polyient acknowledged that the immediate future of the market remains associated with the "fortunes" of Bitcoin.

In the long term, he hopes that blockchain economies and tokens will no longer correlated with each other as the growing acceptance

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Greetings dear @toomatoo.

NTF's looks like the true applicability of blockchain in the real world. Asset tokenization started with STO's but now we have a new dimension.

The gaming space in the crypto world is expanding rapidly and NTF's looks like the best way to safeguard and enhance its true value.

My own personal opinion about this is that the next cryptocurrency wave will not appear in the form of traditional cryptocurrencies. It will appear as NFT and blockchain gaming applications.

It seems to be a totally possible idea.

All best, Piotr.