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Messages - Abu raihan

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General Discussion / This is a theoretical example
« on: September 10, 2023, 04:32:49 am »
Seen this way, it is quite clear what is the mechanism that allows the web3 to be decentralized, distributed and to allow all users to become part of a new economic ecosystem. However, the greatest potential of all are perhaps those expressed by the so-called GameFi, the finance of video games . Imagine subscribing to a racing video game: to compete, as is already the case today in some cases, you must first purchase a car and customize it by buying the various accessories needed to boost it.

In this case, however, the race offers a prize Phone Number List in cryptocurrencies, distributed among the top finishers. Not only that: if after a certain number of races and earnings you decide to withdraw from the world of digital racing, you can sell your car's NFT (digital certificate of ownership) to the highest bidder. Again: you can rent your car to some driver who doesn't have the capital to build one from scratch and then receive a share of his winnings. All these processes - as well as in the various web3 platforms.



Would be automated through smart contracts, blockchain-based intelligent contracts that automatically enter into execution when the conditions signed between the parties are satisfied.  of how blockchain-based "gaming finance" platforms could work in the near future , which allow, using dedicated cryptocurrencies, to earn money (or even lose it) by challenging opponents or completing some missions . In the real world, one of the best known examples of GameFi is CryptoBlades : it is an online role-playing game in which you must defeat monsters, or complete some missions first, to earn the cryptocurrency Skill.

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