One expert said that with the advent of non-native tokens (NFTs), gamers and crypto enthusiasts are joining together, but players may not even know they are using cryptocurrencies until they understand the decentralized nature of NFTs.
In an interview with Cointelegraph, Mac Ocampo, head of entertainment studio development at blockchain Virtually Human Studio (VHS), said NFT and gaming platforms complement each other well, offering “good NFT products like Sorare and Dapper Labs NBA Top Shot.” More loyal users to the NFT world. ”
Ocampo summarized the concept that the NFT industry should use, which is “entertainment cryptography” in which chips, cryptocurrency traders and players can play, for example, horse racing while winning cryptocurrency at the same time. Therefore, he believes the industry is facing a challenge:
“The high cost of owning and maintaining a racehorse in the real world creates a clear gap between its profit-hungry customers and the privilege of owning.”
“Not all players are cryptocurrency traders, and not all cryptocurrency traders are gamers,” Ocampo said, which is one of the biggest obstacles the NFT gaming industry needs to overcome. However, he tells the story of a character he thinks is right to highlight the benefits of NFT:
“I recently met my high school friends during isolation. One of my friends, Jimmy, had a $ 12,000 Michael Jordan hunting license that he bought a few years ago. When he had time to organize a meeting, the inevitable happened – termites raided his group of commercial cards.
Ocampo added that this is where the value of the NFT lies, explaining that if a valuable item is converted from Michael Jordan memorabilia to an NFT, “the chances are high that it will retain its value.”
Ocampo also talked about how the COVID-19 pandemic is somehow helping to increase the spread of NFT in recent months:
“NFT has always been associated with gaming platforms, and most of the games played during this period. While it is completely pointless to say that this has contributed to the growth and sales of NFT platforms and blockchain games, we must admit that more users are now aware of how in-game purchases are made and the value that NFT brings to the gaming region. ”
Ocampo explained the important role of NEAR in the NFT industry, using as an example a recent VHS project called ZEST Play Platform based on NEAR:
“There are many blockchain protocols out there that say they have higher TPS and lower transaction costs, but we are confident that NEAR will remove the barriers that will allow us to provide a good user experience for our customers. Since ZEST is the first product of the main NFT network on the NEAR blockchain, we aim to be a great example for the next wave of NFT platforms and games on NEAR. “