The new paradigm in Kinipot’s play-to-earn gaming is gaining popularity because of its decentralized nature

in kini •  3 years ago 


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Cryptocurrency and video gaming are rapidly colliding in a trend known as "play-to-earn." It could pave the way for a new generation of gaming experiences, incorporating real-world economies and player incentives. The concept of pay-to-win, or P2P, gaming could disrupt traditional business models in the game industry. Nevertheless, despite its potential, this concept is still in its infancy.In the past, games were developed with arcades and quarter slots in mind. Nowadays, free-to-play games monetize through the in-game economy of digital goods, tightly controlled by the developers. The Play-to-earn concept creates real-world value by converting in-game assets into non-fungible tokens and using blockchain and cryptocurrency technologies.


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About P2P Games Of Kinipot

The concept of Kinipot’s play-to-earn gaming involves creating digital assets, which can be sold or traded in-game. This can be done through an in-game Marketplace. For example, in Axie Infinity, players earn coins for the monsters they hunt and sell to other players. Another example is Decentraland, where players can buy and sell virtual plots of land. In one case, a plot of land was sold for $2.45 million.While the concept of play-to-earn gaming isn't new, it has become increasingly popular. Many social media firms are pursuing the creation of this world and Mark Zuckerberg believes that virtual clothing in the metaverse could be a billion-dollar industry. In the meantime, crypto enthusiasts are applying the concept of non-fungible tokens to digital goods, such as virtual currency. It's not uncommon for people to earn money by buying virtual items.

The concept of Kinipot’s play-to-earn has changed the gambling landscape

Unlike other forms of online gambling, play-to-earn gaming has a higher ROI, and it's also a good way to increase profits. However, there are many disadvantages to this model. It's difficult to predict the future of the industry. Moreover, it doesn't have the same level of traction as traditional games.The new play-to-earn casino is a new concept in the digital poker industry. In this form of gaming, players earn cryptocurrency, which is stored on the blockchain. The process of earning crypto is more complicated than that of traditional gambling. In fact, the concept of play-to-earn gaming is still in its early stages. While it's still in its infancy, it is already gaining popularity.

Kinipot is a decentralized digital poker platform, built on the Ethereum (ETH) blockchain

It launched the first play-to-earn digital poker casino in the U.S. Despite the lack of regulation and legalization of online gambling, it has been a hot topic. In fact, only six states have legalized it, while the rest have banned it altogether. Currently, the new play-to-earn casino is a decentralized system, with the majority of its decisions made by a board of directors.Another decentralized online poker platform is called Axie Infinity. It is a game with an elaborate economy, which works with Axies. Axies are virtual creatures stored on the blockchain, and they can be traded and sold to earn real-world cash. Axie Infinity is also a popular MMO, but it is still a relatively new play-to-earn casino in the U.S.

In Addition

The concept of play-to-earn gaming is gaining traction in the U.S. by democratizing decision-making through DAOs. Axie Infinity is operated by a Vietnamese startup called Sky Mavis. The game is based on a crypto-based economy, with Axies a digital currency stored on the blockchain. Axies are stored on the blockchain, and users can earn them by battling and selling Axies. The player character can earn up to thousands of Axies.In addition to the Candy Shop, there are a number of other play-to-earn games. The Candy Shop, Town Star, and VOXEL are two popular examples of play-to-earn games. These games all have a high entry cost, but the rewards are worth it. Axie Infinity is a strategic game. It uses VOXELs to reward players.

Hashtags: #kini #kinipot #nft #bitcoin #crypto

More Information
Project's website: https://kinipot.com/
Medium: https://kinipot.medium.com/
Twitter: https://twitter.com/KiniPot
Telegram group: https://t.me/kinipot
Github: https://github.com/kinipot
Facebook: https://www.facebook.com/kinipotofficial

Author
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BSC Wallet Address:0x4252d825FD6b276E65ddeA3Ef00a24b23E76dF3E

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