NFT Gaming in India: How Casual Gaming Became Popular in India’s NFT Gaming Industry
Today, however, NFTs and blockchains have completely changed the way gaming is viewed. Today, the seriousness of a business depends on its sustainability.
Maybe that’s why professions that were not considered very serious about 15 years ago have gained a lot of serious today..like becoming a YouTuber or a blogger.
What exactly made these ‘activities’ look like businesses? So the easy availability of these forums and their openness seems to be the reason for it. To be precise, monetization of these activities is very democratic and all the credit goes to the development of online platforms and technology, said Ramkumar Subramaniam, CEO and co-founder of GuardianLink.
He says gaming is currently going through its adolescence. NFTGs make gaming assets more eligible due to their market longevity and tradability. People can now not only play games but also earn money by investing their time, money, and talent in P2E.In short, just as content creation has transformed itself over the past decade, so too has it become possible to make money using your gaming skills.
This is as new to the gaming world as it is to the world of earning and careers. We’ve seen people in countries like the Philippines, Vietnam, Thailand, and Cambodia make a living just by playing P2E games. But those games were quite strange to most of India’s population.
But now, with sports like cricket entering the realm of NFTs and taking the form of P2E games, it has become easier for common Indians to invest in and earn from NFTs and the option has become more welcoming to them. Gaming assets in most games are presented as NFTs, which means they can be traded on the market. So any NFT investor playing the game will be able to profit by trading those NFTs in the market.
Many games will soon introduce innovative options like renting NFTs. This will remove the barriers that exist between NFT users and NFT owners, allowing gaming enthusiasts to engage in more serious, or should we say, more rewarding, gaming.
This transformation is very necessary, and it is only natural that a fully decentralised and distributed ledger like blockchain should be at the centre of this transformation. When such games become completely decentralized, autonomous entities, the community itself takes care of running the game, with no need to rely on any central organization. When there is no central body to control the formula of the game, the game will flourish in all its aspects, and the number of people who can earn from playing such games will also increase.