assets: Ulti Arena reviews: Proof of gaming - an NFT solution that rewards players while playing non-blockchain games

UX Researcher and Designer

What do you think about the proof of gaming concept?

I remember hearing it for the first time in 2020, at that time when everyone was talking about ATRI and ATARIChain. I also remember being invaded by the FOMO of the moment and buying a little bit (I still have it and it is the same value as when I bought it more than 1 year ago), confident of the long-term project. Today the concept continues to sound relevant, even more so with a growing offer of play-to-earn video games of all kinds in different ecosystems. Being able to enjoy traditional games with all the benefits and dynamics that blockchain and crypto brings is a good bet for whoever does it, so whatever the final result of UltiArena, it is a good bet.

Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?

Not at all. On the contrary, I believe that different solutions will coexist to solve the new gamification mechanics that will need to be used so that the off-chain-world integrates homogeneously with the blockchain-world. I am not clear about the technology behind this function, but I can imagine that in the case of a game like Dota 2 that is MOBA type and that allows infinite strategies based on the members of their respective teams, each user could well accumulate different types of assets that arise in a game and that have an intrinsic value within the video game and monetary value in the blockchain.

What is your take on the crypto gaming industry future?

Before 2020 the video game industry had been surpassing the film and porn industry together. It was announcing the arrival of the new generations of consoles and the new generations of dedicated graphics cards. The business flourished in all corners of the world, generating new academic careers focused on video game development around the globe. I think the future will be even brighter, with so much institutional money in crypto than ever before and the flourishing of new blockchain solutions that improve with each passing day, the future cannot be different from a resounding success. I'm really bullish on the crypto gaming industry.

Algorithm creator, coder, chem. engineer,trader,investor

What do you think about the proof of gaming concept?

proof of gaming sound good as a concept but it will only lead to deteriorating games that will reply only on this protocol. the fact is that previously this application to a game had the effect of hire to play. players hire other 3rd country individuals to play their account and that leads the game into a bad cycle of making the rest gamers that do play their account lose interest cause game requires too much time that a regular human being with job doesn't have to keep being competitive.

Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?

no not at all. but still I don't think it will succeed. and I'm clear as clear I can be. proof of gaming or proof of play won't succeed. it never did. those strategies only lead to real account losing interest.

What is your take on the crypto gaming industry future?

tokenization of assets that are compatible is the peak of this industry. but that will take a lot of time. as for now rewards and participation NFTs and all that will drive this industry for a little while before main companies decide to really put NFTs into their platforms.

Legal

What do you think about the proof of gaming concept?

This is the future of gaming which allows genuine participation, rewards in a transparent way which balances the interest of all stakeholders especially the gamers

Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?

It allows genuine interaction and ownership of assets which is meaningful allowing transfer of the assets acros any chain in the gaming ecosystem

What is your take on the crypto gaming industry future?

The eventual ecosystem for gaming for all. Enables communities to develope enabling meaningful economic rewards and participation. Legacy systems will wither unless it is decentralised

Trader

What do you think about the proof of gaming concept?

The development of computer games and video games that increasingly pamper the players with modern technologies is an interesting point to observe. Although the history of video games and computer games spans a span of approximately five decades, they both gained popularity as part of modern human civilization in the late 1970s. Although it was only in the mid to late 1980s that games that appeared on the market came with scrolling or virtual paging functions, the presence of color monitor products in the early 1980s made game enthusiasts more enthusiastic, so that the movement of the game atmosphere from page to page became more intense. life. The early 1980s were marked by the presence of CD-ROM storage media which in a short time became popular. The era of 3-dimensional (3D) games with a first-person perspective and multiplayer games began to emerge in this era. Sound and music grew in the mid-1980s along with the presence of sound card products. So, it is felt that the computer game market is growing in line with the development of supporting technology. The gaming industry, which is still standing strong today, holds two major markets, namely video games and computer games. And without a doubt, computer games do have more title items because with standard devices, almost all games produced by third parties can be played on a PC. As for the video game market, it is dominated by standard owners, if not Sony with the Play Station, Microsoft with the Xbox 360, and Nintendo. Interestingly, computer games have evolved towards Network Multimedia Games, in which many players from far-flung locations interact with each other in real time on a single computer network. Take, for example, Quake III Arena, which created a campus fever around 2001.

Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?

the more rapid the development of the times, everything seems to be easy, even one day you can go as far as possible with just a few seconds, in my personal opinion, all digital or crypto assets can go just like BTC class, because all work with just a few touches, they can go japan only ulti arena is developing too fast, somehow they did it, BTC developing took almost 8 years

What is your take on the crypto gaming industry future?

today's games are different from old children's games, nowadays the game is in the internet or digital world and not playing in a park or garden, now everything is in the power of the internet, so I think games in the internet world will develop well from generation to generation

Junior full stack

What do you think about the proof of gaming concept?

Play-to-Earn? Play-to-earn is a concept that is often used in gaming where the platform gives players the opportunity to acquire all forms of in-game assets and items that can be transferred to the real world into money or other means of exchange of value.

Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?

Games are being developed precisely: game studios developers, artists and managers to produce assets, sounds, music, Interfaces – for each game there are hundreds of assets produced. Why should one asset be used in the game only once by a player? Why don't they own those assets and transfer them to another game? Artists should also be able to track their creatives to see what in-games are being used and how they are being used by players. All of these challenges can be easily solved by

What is your take on the crypto gaming industry future?

Token yang tidak dapat dipertukarkan adalah salah satu tren cryptocurrency terpanas pada tahun 2021 – namun, saat ini, pasar NFT telah mengalami penurunan yang serius. Finance Magnates sebelumnya melaporkan bahwa pasar NFT telah runtuh sejak awal Mei. Namun, beberapa analis mengatakan bahwa kecelakaan itu sebenarnya adalah hal yang positif untuk ruang angkasa – sekarang setelah hype berakhir, inovasi yang sebenarnya dapat terus berlanjut. Sementara NFT paling umum dikenal karena penggunaannya di dunia seni, mereka juga semakin banyak digunakan dan dikembangkan dalam game. Baru-baru ini, Finance Magnates Berbicara dengan Beryl Li, salah satu pendiri Yield Guild Games, sebuah perusahaan yang berbasis di Filipina yang sedang menjajaki potensi pasar NFT di ekonomi virtual. Yield Guild Games menggambarkan dirinya sebagai “serikat pemain dan investor game terdesentralisasi yang menghasilkan hasil dari game berbasis NFT.”

Mechanic

What do you think about the proof of gaming concept?

For decades, virtual reality has tantalized gamers with the prospect of a fully immersive experience. But the technology has yet to deliver on this promise. Tech companies are looking to change that. Huge firms like Facebook, Google, Microsoft and Sony — and startups like Magic Leap — have invested considerable resources to develop VR hardware and games.

Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?

Ulti Arena is the first NFT Marketplace for Game Assets on Binance Smart Chain. By implementing NFT — Non-Fungible Tokens, Artists and Developers can easily track their digital assets usage on blockchain. It also creates new ways of earning: NFT's can be sold as unique pieces of art that can't be reproduced and there's only one owner. Buyers can bid on one-of-a-kind game assets, UI or music. Apart from catering to Game Artists and Developers, Gamers will also find something for themselves. At Ulti Arena, we're striving to create a thriving community of Game Enthusiasts. An innovative Proof-of-Gaming concept will also provide a consensus mechanism for users to earn ULTI Tokens by just playing games. The longer they play, the more ULTI Tokens will be generated for that particular player. We're also launching our own Crypto Collectible Card Game together with FRAG Games and Remote Control Productions.

What is your take on the crypto gaming industry future?

With the advent of smartphones and easily accessible internet facilities, there has been a dramatic increase in the adoption of web-based games. Crypto being the hottest trend, crypto games are disrupting the conventional mobile and PC games. The unique proposition between the mass adoption of crypto games is that the users can earn real crypto assets as rewards while they play in exchange for their effort and time. Worldwide Asset Exchange published a stat that over 75% of online gamers love exchanging their virtual assets for currencies that can be used across various platforms. Crypto gaming does the same, allowing gamers to collect, store and exchange virtual gaming assets that are tradeable on the blockchain through various NFT marketplaces. Crypto games allow gamers to earn while they enjoy unlimited gaming built by the leading game developers. In my opinion this field and direction has a great future!

Donation collector

What do you think about the proof of gaming concept?

Game design is the art of applying design and aesthetics to create a game for entertainment or for educational, exercise, or experimental purposes. Increasingly, elements and principles of game design are also applied to other interactions, in the form of gamification. Game designer and developer Robert Zubek defines game design by breaking it down into its elements, which he says are the following Gameplay, which is the interaction between the player and the mechanics and systems Mechanics and systems, which are the rules and objects in the game Player experience, which is how users feel when they're playing the game

Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?

A possibility for Game Artists to showcase their work, provide them with the tools to kickstart their projects, enable sales through NFT Market space, find job offers from developers or producers and much more! A way for Developers to discover artists/designers, collaborate and form future partnerships, gain interest for games or projects! An option for Gamers to buy/sell NFT's, view portfolios of game assets/UI's/musics from their favourite games, join discussion boards, participate in tournaments and win prizes!

What is your take on the crypto gaming industry future?

Undoubtedly, cryptocurrency has been the best product of blockchain, so far. Cryptocurrency is the game changer and has disrupted every industry in the market, gaining a huge user base in a very short span of time. Cryptocurrencies have proven their efficiency over their centralized counterparts, i.e. fiat currencies. This made a lot of investors and market makers switch from the traditional forms of finance to systems fueled by crypto assets and blockchain. While every industry including but not limited to health care, finance, investments, and e-commerce begin to adapt to the crypto trends, game developers also started deploying their games on top of the blockchains to take the fruits of decentralization to the users.

Educator, minister, council.

What do you think about the proof of gaming concept?

I have a rather robust set of skills, combined with the experience and ultimately wisdom, that comes with online gaming, hardware, and various blockchain technology. Proof of gaming concepts certainly have been around for a few years. Many of these games seem to be thriving at the moment. But I would highly encourage caution with this technology, for many reasons. Not just for security, but psychologically. My research into this topic more thoroughly has revealed a lot of potential for abuse that most people just seemed to have glossed over, or outright ignored. First, I would like to talk about the psychological aspects. Anything that brings you joy, a sense of accomplishment, and other subconscious reward triggering mechanisms can become an addiction. Feeding into the addiction of a player, to keep the network running, right out of the gate seems rather horrifying to me, personally. A great comparison at the moment is what we have witnessed with Facebook, having the whistleblower coming forward and testifying about their experimentation on users, and using the business model of drumming up as much anger or outrage as possible just to keep users engaged on their platform for longer periods of time than they typically would. Phrases such as “Putting the companies’ profits above the user’s health.” Come to mind. Of course, this could be resolved with some technical integration from psychologists. (But really have you talked to or heard from a psychologist about crypto in recent times?) I personally doubt CEOs are going to even listen, when their very business model is put into jeopardy. They can be fired for NOT maximizing their profits to shareholders. It technically goes against their very job status. That’s not to say every single game maker sets out to create an evil empire, or even that it should be discounted completely, for there are some games that this would indeed be beneficial too. However, I have seen little information regarding how these “proof of gaming” games, would take into account issues such as latency in a first-person shooter platform (CS: is listed as an upcoming early adopter of this technology), and there are many others for that matter. This makes for a precarious situation that people could simply “game” the game to make wins. Most people are familiar with “aim bots”. It wouldn’t take much effort to sway the servers to your favor. This ties into my first topic, addiction. If your network depends on the users staying in game to keep mining the very system running, well you just created an addict. In addition to this, there are literal prison “miners” in some countries that are given the task to mine for gold in games such as WOW. This gives incentives to bad actors. As you can see it clearly could turn good actors into bad ones, making choices for the clients that really aren’t in their best interests. However, so long as these issues are addressed, it is possible there is some light at the end of the tunnel. There are some games being ran at the moment that reward users with NFT assets just for completing collections. Dapper labs have many already up and running, ranging from the NBA to the NFL, and other companies have taken to make fantasy football NFT friendly, rewarding users with player cards and more. These can fall into the “arts” category even though they are technically games. They will mature and gain value as these NFTs are burned, lost, and so forth. What do you think about the proof of gaming concept? I have a rather robust set of skills, combined with wisdom, and experience both with online gaming, hardware, and various blockchain technology. Proof of gaming concepts certainly have been around for a few years. Many of these games seem to be thriving at the moment. But I would highly encourage caution with this technology, for many reasons. Not just for security, but psychologically. My research into this topic more thoroughly has revealed a lot of potential for abuse that most people just seemed to have glossed over, or outright ignored. First, I would like to talk about the psychological aspects. Anything that brings you joy, a sense of accomplishment, and other subconscious reward triggering mechanisms can become an addiction. Feeding into the addiction of a player, to keep the network running, right out of the gate seems rather horrifying to me, personally. A great comparison at the moment is what we have witnessed with Facebook, having the whistleblower coming forward and testifying about their experimentation on users, and using the business model of drumming up as much anger or outrage as possible just to keep users engaged on their platform for longer periods of time than they typically would. Phrases such as “Putting the companies’ profits above the user’s health.” Come to mind. Of course, this could be resolved with some technical integration from psychologists. (But really have you talked to or heard from a psychologist about crypto in recent times?) I personally doubt CEOs are going to even listen, when their very business model is put into jeopardy. They can be fired for NOT maximizing profits to shareholders. It technically goes against their very job title. That’s not to say every single game maker sets out to create an evil empire, or even that it should be discounted completely, for there are some games that this would indeed be beneficial too. Still, I have seen little information regarding how these “proof of gaming” games, would take into account issues such as latency in a first-person shooter platform (CS: is listed as an upcoming early adopter of this technology), and there are many others for that matter. This makes for a precarious situation that people could simply “game” the game to make wins. Most people are familiar with “aim bots”. It wouldn’t take much effort to sway the servers to your favor. This ties into my first topic, addiction. If your network depends on the users staying in game to keep “mining”, well not only have you just created an addict. But you are exploiting the physical computer systems running said games. You are outsourcing resources that your servers would normally handle directly to the consumer. A great example is the monetary costs of electricity, the very hardware needed to keep the network running. Offsetting your costs of operation right to the game players themselves, and incentivizing them to “stay longer” so they can “earn rewards” generally makes it so the user is paying, and then paying again for the potential reward of an NFT, gas fees, etc. In addition to this, I want to point out that right now there are still physical prisons in some countries that coerce inmates into playing games, where they are given the task of being “gold miners”. I recall reading news stories of these prisons using games such as World of Warcraft as an example of how in return for not having to do hard labor, they are sat down for hours to days on end to mine and resell the game gold for real physical currency. This again gives incentives to bad actors. As you can see it clearly could turn good actors into bad ones without them even realizing what they have done until it’s too late. Making choices for the clients that really aren’t in their best interests never ends well for either party. So long as these issues are addressed, I believe there is some light at the end of the tunnel. There are some games being ran at the moment that reward users with NFT assets just for completing collections. Dapper labs have many games already up and running, ranging from the NBA to the NFL, and other companies have taken to make fantasy football NFT friendly, rewarding users with player cards and more. Though these technically can fall into the “arts” category they are still technically games. They will mature and gain value as these NFTs are burned, lost, and so forth. It will be interesting to see where this ends up. Regulations are still being debated, not even created yet, so it’s anyone’s guess. If I were a betting person, I would say they will find a niche. Again, we have to take into account the human factor, exploitation, and ease of which it can be done. People could be swindled, or get so enveloped by the games that they end up building a fake life that will have long lasting negative health consequences for them should they fall prey to bad actors. As with any new technology there is going to be pitfalls. We will all live and learn as it progresses.

Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?

I do think that Ulti Arena’s solution could pose problems for some NFT gaming projects. Everyone at the moment is scrambling to “be the first.”, and not necessarily “the best”. Healthy competition is great for any community that wants improvements. They most certainly have disrupted the gaming environment online. “Game changing” is the perfect description. (Pardon the pun.) I want to again emphasize that latency, hardware variations, and other factors will give some players better results. This could lead up to exploitation through latency, or even bugs in the code of the programming itself. In the old days of UT99, I recall watching how players could simply disconnect the ethernet cord for a moment, come up and capture a point, plug back in and the system would favor their movements as the legitimate path, over all other players. It’s ripe for exploitation if there isn’t serious thought put into tackling these monumental challenges. What happens if you’re playing a game of CS and the internet drops, while you’re competing for an NFT that’s highly valued? Players are going to feel even more pressure knowing that their actions are being tokenized down to a science. They could find that “If I do XYZ I can game the system to my advantage.” There are just so many unknown knowns at the moment to be certain. Many games will be perfectly fine, for they aren’t designed the same way. They might not use such a comprehensive and robust setup. Ultimately, I must say it will come down to preference of the developers, gamers, and the technology. Not every shoe fits the same foot.

What is your take on the crypto gaming industry future?

While I may not have a crystal ball to look into the future, I can say that as we have seen throughout history there are going to be ups and downs. Time progresses and we find better ways to do things. Some systems become so massive they integrate right into our daily lives, or seem to be indispensable. Whether we like it or not these systems most certainly will be here in one form or another. As I had stated previously, they are still trying to debate crypto. Until the regulators come to an agreement its’ still the wild west. I suspect though, that just as AI has grown exponentially more progressive so will crypto gaming. We’re still taking our first steps as babies, so far as this technology goes. In even 4 years from now it is highly probable that we’ll look back and find that we were using dial up modems when we had broadband in our backpacks. I never underestimate the power of innovation and invention. When a solution needs attention there will always be someone ready to step up and take a swing at the challenges. My biggest concern, is again how will this all impact the users psychologically? Big tech already has more data than they know what to do with, how long before these same problems start to bleed over into other projects? One person leaks the source code and public keys like what just happened with Twitch, and we have a bigger problem. People truly are going to need to take security of their minds more seriously.

Dj | Content maker | Sound producer | Entrepreneur | Crypto Investor | Token Economist

What do you think about the proof of gaming concept?

ig tech companies are seizing the moment: Apple, Google and Amazon are all developing gaming products. In the fall of 2019, Apple released Apple Arcade, a game subscription service. Soon after, Google launched Stadia, which allows users to stream major game titles directly from the Cloud rather than fussing with downloads or a physical console. And Amazon — which in 2014 acquired Twitch, the most-popular platform to watch gamers play — is rumored to soon launch its own game-streaming service. These newcomers to the space will contend with gaming mainstays like Sony (Playstation), Nintendo (Switch) and Microsoft (Xbox) for market share.

Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?

If you were looking for an industry that acts as a giant income system for talented people like composers and artists, NFT marketplace development is for you. Non-fungible tokens’ importance in art and games innovates numerous services with the integration of augmented reality and virtual reality. It stimulates the appearance of new unique tech solutions. The best proof of the industry expansion is the NFT cap, which achieved the mark of $338,035,012 in 2020.

What is your take on the crypto gaming industry future?

With the advent of smartphones and easily accessible internet facilities, there has been a dramatic increase in the adoption of web-based games. Crypto being the hottest trend, crypto games are disrupting the conventional mobile and PC games. The unique proposition between the mass adoption of crypto games is that the users can earn real crypto assets as rewards while they play in exchange for their effort and time. Worldwide Asset Exchange published a stat that over 75% of online gamers love exchanging their virtual assets for currencies that can be used across various platforms. Crypto gaming does the same, allowing gamers to collect, store and exchange virtual gaming assets that are tradeable on the blockchain through various NFT marketplaces. Crypto games allow gamers to earn while they enjoy unlimited gaming built by the leading game developers.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.