PLUS: Casinos next meta?

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Here are key highlights of this week:

• Universal gaming tokens — yay or nay?

• Metaverse casinos on the rise

• Why lore matters

Let’s get started!

Universal Gaming Tokens — Yay or Nay?

A lot has been said about universal gaming tokens. And we’re seeing many projects come up with their own UGT. But what is it? And why does it matter?

Universal gaming tokens are a concept in the world of blockchain and gaming that revolves around creating a single, standardized digital token that can be used across multiple games and virtual platforms.

The idea behind universal gaming tokens is to establish a common currency or value system that players can carry with them as they move from one game to another within a gaming ecosystem.

Instead of having separate in-game currencies or tokens for each individual game, which can create barriers for players and limit the transferability of value between games, a universal gaming token allows for seamless interactions and transactions between different gaming environments.

The benefits of universal gaming tokens include:

• Interoperability: Players can easily transfer their virtual assets or currency between games, fostering a more connected and fluid gaming experience.

• Value Portability: Accumulated value in one game can be carried over to other games, providing a sense of continuity and incentive for players.

• Reduced Friction: With a common token, players don't need to constantly convert or exchange currencies when switching games, streamlining the gaming process.

• Community Engagement: A universal gaming token can foster a strong and engaged gaming community, as players feel more invested in the ecosystem as a whole.

And much more!

Overall, universal gaming tokens hold the potential to revolutionize the gaming industry by creating a unified and player-centric ecosystem where virtual value and assets can flow seamlessly across various games and platforms.

 Metaverse Casinos on the Rise

Metaverse casinos have emerged as a potentially groundbreaking development in the crypto space. While online gambling has been around for a while, the Metaverse takes it to a whole new level by leveraging blockchain technology.

The benefits of such casinos are abundant. One significant advantage is the virtual presence of gamblers, enabling a high level of interaction with dealers and players through virtual reality.

Moreover, the Metaverse offers the return of traditional game characteristics that were lost in online casinos. Players can observe avatars and interpret body language, enhancing the poker experience, for instance. Additionally, players' physical well-being improves as they can choose to play while sitting or standing with proper posture, avoiding the discomfort of constant sitting.

The rise of virtual gambling opportunities has led to a surge in the popularity of metaverse casinos. Their decentralized nature and use of blockchain technology bring transparency, security, and privacy to the forefront.

Blockchain technology has also addressed popular issues faced by traditional online casinos. Financial transactions become faster and cheaper due to the decentralized nature of cryptocurrencies. Furthermore, player asset protection and personal data privacy are assured, as users have full control over their information.

In conclusion, metaverse casinos offer an exciting and innovative gambling experience, driven by blockchain technology. However, it's essential for users to be aware of the legal implications of online gambling in their respective jurisdictions.

Why Lore Matters in Games

Lore matters in video games because it brings depth, immersion, and emotional connection to the gaming experience. Imagine playing a game without any background story or history— it wouldn't feel as exciting, right?

Lore provides the context and meaning to our actions within the game, making it more engaging and captivating. In traditional games, like Pokemon or God of War, the lore is what keeps players enchanted for hours. It's like being part of an epic adventure, and that's what makes games so special.

However, in some Web3 games, the focus shifted more towards the technology and the play-to-earn aspect, leaving out the importance of storytelling. Many of these games turned into empty promises and lacked meaningful content.

By creating well-crafted narratives, engaging characters, and vibrant game worlds, they can make the experience unforgettable. A strong lore keeps players invested, wanting to explore more, and builds a dedicated community around the game.

So, let's not forget the power of storytelling in games. It's what makes the difference between a forgettable game and an extraordinary one. Let's weave captivating lore into our Web3 games and create experiences that leave a lasting mark on players' minds.

Game Updates

• CyberKongz is migrating its Play and Kollect NFT game from Polygon to Ronin Network, while at the same time launching a new collection called Genkai.

• DeFi Kingdoms partnered with Swipelux to enable fiat-to-crypto payment gateway that allows players to buy game tokens using debit/credit cards.

• Fableborne announced Primordials NFT mint with a play-to-mint model that rewards skill and dedication of players.

• Tearing Spaces Open Beta is now live where players can win up to $10k in Guild prizes.

• Raini: The Lords of Lights, the TCG game from Raini Studios is now live on the Epic Games store.

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