Steemit Crypto Academy Season 4 Week 1 Post for Professor @imagen NFT Games
Value must not only be restricted to comparable properties. Yes, money (cash, fungible currency) has lots of value, but some types of value are taken more personal and cannot really be replaced with an identical, say an inherited pendant of a daughter from her mother, or prototype that had taken an inventor certain amount of years to come up with.
These items, though maybe physical are referred to as "non-fungible". This means that one can't just exchange them with an identical, and even if a similar-looking item is brought the personal attachments to these original items make them more valuable.
These types of valuable items are more common in the art world, and recently gaming industry and have a common name as Non fungible tokens.
Good day, beautiful Steemians, I am @hadassah26, welcome to my crypto academy season 4 week 1 homework for professor @imagen on NFT Games.
"1. Describe in your own words the main Advantages and Disadvantages (Pros and Cons) of NFT Games in relation to other game modalities."
NFT(Non Fungible Token) Games also known as Blockchain games are argued to be first developed by authors of Spells of Genesis in the year 2014. With the idea of making players play to "Earn" indestructible collectibles which can be valued financially but can only be sold at the considered price of the hard-earned owner, NFT games have gained so much popularity and have become a new very lucrative venture for gamers, graphic game creators and artists.
So why exactly are collectibles on NFT games valued differently?
Personal attachment
During the gameplay, gamers find their own personal value/attachment to different game characters and as well collectibles and prices, and more they see these prices as a reward for their dedication to the completion of a given task or stage of the game, so they value these collectibles personally.
Uniqueness of Collectibles
Gaming involves passion, and passion brings about a personal attachment that is unique to different gamers. Conventional games provide collectibles but that is not necessarily unique for different players, NFT games have provided a unique collectible collection so players can have a feel of customized collectibles. This brings about a bragging right and collectibles that can only be valued by the gamer.
Accountable Source of Income
Gaming had generally been seen as a voluntary act of passion, and this passion had been repressed as gamers had to find another source of income, killing the whole gaming vibe.
Some recent games have provided an incentive, financially valuable, but one heavily controlled and only accountable by the Gaming company.
With NFT games being based on a blockchain platform, gamers earn collectibles which one, real although virtual but more indestructible and fully accountable on the blockchain network.
Two, having something to earn on playing a game, and more something tangible and that can not be destroyed due to the blockchain technology makes NFT gaming worthwhile.
Top notch Blockchain Security to Gaming
NFT games are based on a blockchain, and as we all know, blockchain technology can not be tampered with or easily hacked. This makes NFT games, unlike some conventional games where hackers may break into the gaming server and steal game points and collectibles, is secure and security solid.
More Cause For Gaming Addiction
Too much of everything is bad including gaming. This is more disadvantageous to younger folks as they should be in their basic education acquiring stage in life, NFT gaming could become a major distraction to them as they could get lost in the whole gaming fuzz and start living a virtual reality in their minds while in a real-world of hard work. More with unique valuable incentives and collectibles offered by NFT gaming, gaming addiction is very likely possible.
Very New technology/Cause for Negative Speculation
Everyone is skeptical of something new, with no foresight of how much it may materialize or be sustainable, NFT gamers and investors who both invest money and personal effort and time become weary of how much they should invest in this new technology. This slows down the growth and also causes quick price volatilities on any news regarding the industry causing more speculations.
Blockchain Technology Bulk Energy Usage
Blockchain technology involves various confirmations, and this uses a lot of energy.
"2. Name five (5) recognized characters: writers, artists, athletes, or others, who have digitized their works (writings, publications, paintings, drawings, illustrations, etc.) to take out NFT. Enter the value of the NFT or collection, display photos or images, and cite sources."
Jack Dorsey, First tweet
First of all, is the famous Jack Dorsey, C.E.O and co-founder Twitter's first tweet NFT.
Between the months of February and March early this year, Jack published his NFT, his first tweet on the fast-growing social media and information platform from 2016. This caused a lot of fuzz on the crypto and social media space with crypto entrepreneurs and enthusiasts bidding on buying the tweet, it finally was obtained by Sina Estavi C.E.O Bridge Oracle for a whopping $2.9 million, $2,915,835.47 to be exact. Image of NFT tweet below:
Anthony Azekwoh, The red man in a bar
Next coming back home is my Nigerian brother Anthony Azekwoh, a digital artist and Musical album artist who stumbled into the NFT space during the pandemic last year. He sold his first work: "The red man in a bar" for Six Eth, about $11,046. this was a turnaround for him in his field and since then he had been selling NFTs on the NFT marketplace Superrare. Picture of "The red man in a bar" and other of his NFT on Super rare are shown below:
Lebron James, Lebron James Dunk
Another is the Lebron James NBA dunking NFT, the video clip of NBA superstar Lebron James dunking the basketball made a hit on the NBA NFT market. With the NBA partnering with Dapper Labs makers of popular NFT Cryptokitties, they were able to create a marketplace for the sale of NBA highlights and game cards.
The Lebron James dunking highlight made a hit on the market place selling for over $200,000. Picture of the Lebron James dunk shown below:
Lionel Messi, Messiverse
Next is the Lionel Messi "Messiverse" Superstar professional footballer Lionel Messi has also gotten into the NFT business partnering with Ethenity network and famous artist BossLogic, into designing an art collection portraying the Star Lionel Messi and his achievments in the professional football industry. Picture below:
Grimes, Death of the Old NFT.
Canadian singer and song writer, Claire Elise Boucher mother of popular baby X Æ A-Xii, Elon Musk's son has been a crypto enthusiast and had gone into the NFT industry, selling art over $6 million on Nifygateway. Some of Pictures of her NFts are shown below:
"3. CryptoBlades, Describe in depth the selected game: founders or developers, launch date, the objective of the game, operation, native token (price, market capitalization, position), availability in the various operating systems, and any other relevant information. Show Screenshots."
Cryptoblades is a blockchain, decentralized NFT sword game based on ancient war times.
On Cryptoblades, players earn the Cryptoblades currency: Skill. Players are meant to recruit fight characters which will cost them Skill and then forge weapons also costing them Skill. They can now start a fight and either win earning Skill or lose the fight and pay the gas fee.
Founders
Cryptoblades was founded by Philp Devine, along side blockchain developer: Daniel Karsai, front end developer: Kyle Kemp, and back end developer: Raymond Hammerling. Pictures below:
Launch Date
Cryptoblades had been developed on Riveted Games, which was launched in 2014, Cryptoblades was an NFT game built on the Binance blockchain launched during the month of September 2020.
Objectives of the Game
The objectives of the gameplay are to build its native token while acquiring fight characters and forging better weapons to win more fights, then earn more tokens.
Native token
The native token of the CryptoBlades is Skill. its price is currently at: $20.36, and market capital is currently at: $17,914,603. and rank on coinmarketcap is #781. Coinmarketcap screenshot below:
Availability on Different Operating Systems
Cryptoblades is a web-based game, and so is functional on any system as one only needs to load the game via their web browser and start playing with ease.
"4. Show the complete process to acquire the tokens (it does not necessarily have to be the game selected in the previous question, as long as it is within the list provided). Indicate the platforms (wallets or exchanges) where it is available; the process for downloading, installing and configuring wallets or networks. Show Screenshots."
To obtain the Cryptoblades Skill, we have to first have a Metamask wallet, this we can do by downloading it via metamask.io.
Downloading the Metamask wallet,
We install it on Chrome,
We then add it to Chrome extensions
We set our passwords and keyphrases.
We are now good to go on our Metamask wallet.
Now we go back to the Cryptoblades website and click on Cryptoblades game via link, Picture below:
Next we are prompted that we need to configure our Metamask wallet.
We select our metamask wallet and connect it to Cryptoblades.
Our metamask now suggests to we add the Cryptoblades Skill token and switch the network to Binance smart chain.
Our wallet is now connected to the Cryptoblades network.
To add the Skill to our wallet we now have to send BNB, Binance coin to our metamask wallet, then swap with apeswap as shown below:
We can now buy Characters and forge weapons on the Cryptoblades game.
In conclusion, NFTs are not just tokens, they are cryptographically unique tokens, they bring a sense of individualism and uniqueness, which is why they are different.
Maybe NFTs would become a big deal in the future, maybe they may just be an art loved by a few, but one thing is for sure, NFTs are an innovation and an innovation that is going to stay.
Thanks.
cc @imagen.
hi, the correct tag is #imagen-s4week1
Hi, @kwadjobonsu, thanks for the correction. My language translate had changed it on the lecture page. Thanks for correcting me I really appreciate.
Gracias por participar en la Cuarta Temporada de la Steemit Crypto Academy.
Felicitaciones, realizastes un buen trabajo.
Espero seguir corrigiendo tus asignaciones.