NFT News by Thebittimes.Com

Does your RNG have sufficient randomness? Is it secure against tampering? Is it decentralized? These qualities are critical to building a viable metaverse. Quantum mechanics tells us that what looks like a highly predictable and orderly universe is built on a world of unpredictability and mere probability. While the quantum world looks bizarre, it can be understood and even harnessed for technology like semiconductors, LEDs, and quantum cryptography. Something similar can be said about randomness in the metaverse. What looks like a system built on random values produced by random number generators (RNGs) is, in fact, based on programs with a method behind them that can be understood — for good or ill. The pivotal role of random numbers Random numbers are of great importance in a number of applications, including games, security systems, decentralized autonomous organization (DAO) governance, and nonfungible token (NFT) generation. If your game cannot access randomly generated numbers,...

Crypto games have garnered a bad reputation among traditional gamers, but the future of Web3 games and blockchain-based worlds is far from over, says Nolan Bushnell. It’s no secret that traditional gamer s harbor a strong sense of disdain for crypto and non-fungible tokens (NFTs) in their games . The reason for this is clear, says Atari founder Nolan Bushnell, it all started with the insane rise of play-to -earn games . “I can tell you clearly where this disdain for crypto comes from,” Bushnell said. “The hatred comes from these play-to-earn games that pioneered blockchain gaming.” “Good gamers don’t like to grind. Grinding is shitty. What gamers want is fun, and unfortunately these play-to-earn games are 100% dependent on the greater fool theory to work.” Speaking to Cointelegraph in a wide-ranging interview, Nolan Bushnell — known as the “godfather of video games ” — shared his many perspectives on the current gaming landscape and the role blockchain technology will play in the ...

A new survival MMORPG PvP enables players to set up shop within the game and become a core part of the blockchain economy. The concept of the metaverse was conceived with the aim of providing humanity with a better life in the digital world. Today, video games are leading the way as the most active bridge for physical and digital world interactions. The same goes for blockchain-based games, as gamers who have tasted true ownership of digital assets flocked to Web3 games. Data shows that over half of active blockchain wallets were used in the GameFi space in 2022. As the blockchain gaming market gets crowded, players start to expect more from  play-to-earn (P2E) games. Users put game improvements as the top expectation for blockchain gaming in 2023. However, having a good game is not enough for gamers, either — another study showed that over 51% of users participate in GameFi to make profits. As a result, poorly designed game economies became the leading factor affecting GameFi profits...

Kumite NFT founder Gareb Shamus chats with NFT Steez about how NFT projects can engage with their respective communities through storytelling. NFT Steez , a new weekly Cointelegraph podcast exploring nonfungible tokens and Web3 project s, spoke to Comic-Con legend Gareb Shamus about how he has used storytelling to build engagement and a “maker world” that grows and strengthens communities. What started off as a newsletter about comics — Shamus’ passion project — ultimately became known to the world as Wizard magazine. According to Shamus, Wizard was an outlet where he could “create a voice” and share with his friends the things he had discovered that excited him. Shamus touched on the importance of building elements of engagement and not limiting creativity within communities to further “unite them around what they love.” More importantly, he explained how building engagement allowed him to reach billions of people around the world in a way that made it “fun to be a fan of culture.” ...

NFT gaming goes to space in the upcoming Tachyon Domination. In the rapidly expanding world of NFT gaming, new projects are racing to redefine what can be done both within the games themselves and in the broader economic ecosystem in which these games exist. One new project, Tachyon Domination, has moved the arena to space, inviting users to compete with each other for galactic supremacy while offering numerous opportunities to earn on their efforts. Tachyon Domination has taken a somewhat unusual approach to blockchain gaming. Rather than requiring players to purchase access to the game via NFTs or tokens, the game is free-to-play. Players are transported some 300 years into the future when scientists have discovered a new, remarkably powerful metal that allows people to travel faster than light speed. The game is an RPG where players choose their character type and what kind of weapons they will use and then compete for rewards issued in the game’s native $TADT governance token. We ...