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HomeCrypto NewsMarketHow Could the NFT Drop of the World’s First P2E NFT Cricket Game Impact the Gaming Industry?

How Could the NFT Drop of the World’s First P2E NFT Cricket Game Impact the Gaming Industry?

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The gaming industry has been around since the 1970s (well, if you do not include poker as a game). Ralph Baer, the German-American engineer might not have thought that his video gaming console might pave the road to a standalone industry gathering millions of dollars each year. Since then, gaming has come a long way, both in terms of technology and entertainment given. Not until recently did video games were considered a waste of time, and even useless as a hobby, according to some skeptics.

But, as newer technologies got adopted into video games, the prospect of earning through playing games became a reality. Before that, all the money that a user devotes in playing a game was just a one-way transaction, with rewards that could not be traded inside/outside of the game. But, as blockchain technology flapped its wings all across the existing technologies, it did not miss gaming, and now, gamers can earn money playing games. Non-fungible tokens (NFTs) have enabled this branch for the gaming world, and soon, the branch could become a tree on its own.

These games have earned massive acceptance among people, primarily because of the global pandemic that paused the world for a long time. With no employment or not enough money from existing work, people in developing regions started playing these blockchain-based P2E games. Some people even left their full-time roles to play these games as the earnings are high. In this blog, we will see more about an upcoming NFT drop of the world’s first NFT cricket game and also about the possible impact that the drop event might have on today’s gaming industry.

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How Much Informed Are We on the New NFT Cricket Game?

So far, only a little information is known about the upcoming NFT cricket game, which serves as the primary factor behind all the expectations. We have before us an official announcement on popular news websites, the official marketplace website, and an NFT drop scheduled to be held during mid-April on the marketplace. The marketplace portal is called Jump.trade, and the NFT drop event is named Super Loot. The game itself is called Meta Cricket League, and all these are powered by GuardianLink, which works on developing various NFT applications. The Jump.trade website has an actively ticking countdown, along with more information that could be deciphered to know about the NFT cricket game.

How Could the Drop Shape the Destiny of the Gaming Industry?

If you are a nerdy gamer and have come across the Super Loot drop event on your social media feeds, you are not alone. In fact, social media platforms are flooded with posts explaining and talking about the drop event. You might have even wondered how a single drop event shapes the way gaming is perceived around the globe, as there are new gaming platforms coming up almost every week.

The specialty of the upcoming drop, if it stands true to the information conveyed in the official announcement, is that the NFT items present in the Super Loot event would be useful for cricket fans, professional gamers, and NFT collectors. Satisfying such a wide and almost unrelated niche of audiences is a tough hill to climb, and with this drop event, that might change for the good.

The first point that comes to anyone’s mind is that the drop is the base for the world’s first NFT cricket game. With cricket becoming a global sport in recent years and the inclusion of the sport in the 2028 Olympics nearing certainty, it would not be wrong to say that the game would attract users from all over the world, particularly in the cricket-geek regions in South Asia and the Caribbean.

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The next thing is that it would create more opportunities for passive income for people who always look for those extra bucks. The game is projected to host an ecosystem similar to that of Axie Infinity’s, which is transparent from the official statement, which states that creating an entire metaverse for cricket is on the cards. This means gaming would become a respectable profession, apart from a hobby, which would make people have a wider spectrum of career choices, irrespective of their education levels. In the case of this NFT cricket game, it would be just enough for an individual to know about operating a smartphone, the rules of cricket, and the ability to read and understand the play-to-earn regulations.

Another useful point worth mentioning here is that such a play-to-earn game would do away with the gamers’ worries of spending so much for sheer entertainment, and the expenses could never be redeemed. In fact, the one-way nature of the yesteryear gaming transactions has been a major reason behind piracy concerns that had even resulted in major game studio firms such as Electronic Arts (EA) moving away from cricket. Such second thoughts about spending big money on video games, particularly in developing countries, is a huge concern, which could be addressed better by a P2E NFT cricket game.

Some Final Thoughts

Hence, the upcoming cricket NFT game Jump.trade holds a lot of promise to gaming, NFT, and cricket on-lookers, leaving aside enthusiasts. The above points might have elaborately conveyed it all on how the drop event could have a long-standing effect on the gaming industry. It is even expected that the Super Loot drop event might start ringing the bell for the end of the current gaming perspective and make play-to-earn mainstream along with providing free gaming with limited features. The revenues would not suffer either, since it has been estimated that P2E gaming in the future could amass more users than today, not to forget revenues generated through ads on both P2E and free versions. Therefore, a two-way traffic system in the gaming domain with an NFT cricket game could be the perfect kickstart for changing the perspective in which video games are viewed in the future.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Author

Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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