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

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

< Show Wisdom Collection: Ulti Arena reviews: Proof of gaming - an NFT solution that rewards players while playing non-blockchain gamesarticle avatarJuan Diego Gomez Peña

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.

article avatarGaurav Kothari

Student

What do you think about the proof of gaming concept?

Proof of gaming is still in very early development stages, not only it's new and explosive, also secure, but costly. The card games like axie infinity, gods unchained are quite simple to play, and doesn't make users engaged in playing, like oven world games, eg. Minecraft, GTA, etc.

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

The concept of Ulti Arena is good but it has some flaws, most of the players immediately dump the coins they earn to secure the $ value, driving the prices down, just like SLP coin it will slowly dump overtime, and pumps would be limited to 10-40% only. The reward system should be changed. Focusing on non crypto players to save their progress and items on blockchain, and reward tokens to be pegged to $ with a bridge to banks or $ so that the amount they earn are stable with help of arbitragers.

What is your take on the crypto gaming industry future?

Crypto gaming industry will flourish only after the market becomes more mature and stable with huge marketcap and projects with team which can stabilize the earnings. The gaming will enter the crypto sector and will make good progress and small games which are just clones of popular will not survive the bear run.

article avatarTejas Walke

Photographer

What do you think about the proof of gaming concept?

This is amazing way to reward gamers and attract new gamers to play your games. It's a win win strategy for everyone. Specially supporting non blockchain games.

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

No, this will increase innovation and creativity in this field. It will only make new advancement. Other projects can partner with Ulti Arena and get more gamers to play their game.

What is your take on the crypto gaming industry future?

Crypto is the future in every field. Gaming industry is on the rise rapidly. Both of this industry goes hand in hand when it comes to new development and innovations. Now players are getting rewarded for playing their favorite games.

article avatarAlfred Solomon

HR

What do you think about the proof of gaming concept?

The concept is pretty good, I've been a fan of that game before and it's good to see that there put some blockchain and reward on it Play2earn games while receiving tokens that I can benefit me to take some profit is really a good idea

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

it could be endangered when some people took advantage of it I just remember when I do playing CS: I've experience some bugs and cheating from my opponent and this will be a big problem for the project it may affect the whole game and NFT market

What is your take on the crypto gaming industry future?

It will be huge in the future! NFT play2earn is a game-changer. If it is partnered with the gaming industry crypto market will explode for sure, Investment and crypto markets will surely move upward. This will be a good move I'm sure

article avatarIdika Ezinne

Teacher/entrepreneur /crypto enthusiast

What do you think about the proof of gaming concept?

I think the proof of gaming concept is a good one.f This will encourage gamers because they can earn crypto while gaming,also those who are already into crypto but don't play games may want to jump in due to the rewards attached be to gaming

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

No. I don't think so. I think it's because every gaming project already have their own platform or Blockchain per say. There's only going to be competitions in the area of gamers that sign on to each project I think.

What is your take on the crypto gaming industry future?

I think the future is great for the gaming industry because almost every game played even on smartphones is now embedded on a Blockchain. So many people do not realize that just yet,but gaming industries are cashing in on that

article avatarmahdi hosseini

Programming

What do you think about the proof of gaming concept?

Gaming is one of most important subjects in digital technology. New modern society is based on relation. In the past solo games were more interested but now multi-player games are more interesting and players prefer to compete with other real player around the world. Who doesn't like to earn money?specially during playing game and having fun. PoG can make an economic market with its attraction.

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

Yes,it is a good solution, We know blockchain games are not so popular,are not so complex,have not stunning design and so ... Earn rewards for playing big and most favor games is more interested

What is your take on the crypto gaming industry future?

I believe it will get Inclusive as soon as we guess. Nft market is a big part of Crypto economy .Expanding Not market to non-blockchain games could absorb a huge number of game fans.when a game pays you valuable thing you will pay time and even money for it and this can start an economic cycle

article avatarMirb .

Investment Specialist,Crypto Currency Specialist,Analyst

What do you think about the proof of gaming concept?

Blockchain + proof of gaming +earnings have long been considered the perfect combination. The games have gained a lot in popularity in the past period but have not even reached 30% of the opportunities for the gaming + NFT sector because Ethereum has not solved several major problems in a more advanced way. A lot of game-related projects had to bring contingency plans and move to other chains that weren’t as popular as the Ethereum chain but in the meantime a lot of projects were booming and on hold and we’ll probably soon see even more popularity and use of games to make money.

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

I don’t think it will jeopardize NFT gaming project but I think it will contribute to the development of more complex profit games because some projects have failed to adapt to current market chains.

What is your take on the crypto gaming industry future?

The crypto gaming industry has great potential and is moving forward at a high speed, and Ulti is one of the proofs because it expands Crypto projects to a much wider number of players.

article avatarJames Barcus

IT VP

What do you think about the proof of gaming concept?

I like anything that helps to advance the adoption of crypto, so I would say that I am bullish. If this does catch on, it will do so rapidly and be widespread.

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

No, it may slow down the usage of a few games to a small extent as some players may reduce NFT play to play a non blockchain game they may already be familiar with.

What is your take on the crypto gaming industry future?

I think we are just scraping the surface. Unfortunately with the desire for projects to get into the marketplace as soon as they can they end up releasing games that are unimpressive by standards set a decade ago. Once established gaming powerhouses start getting involved I think we will start seeing MMORPG, third party shooters, and totally immersive VR NFT games that would be just as impressive as any non blockchain game.

article avatarAleksander D.

Entrepreneur, crypto investor, programmer

What do you think about the proof of gaming concept?

Sounds great if a such mass&popular non-blockchain games as Dota2 would be tokenized. I think this could be a great milestone on the way of crypto technology mass adoption.

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

Existing projects could face on a strong competition, if a such well developed and already wide popular games as CounterStrike, Dota, etc. will come to the NFT market. But i would not call it as a danger in full. It should just push serious projects to faster development, to improve existing products up to the high standards of the game industry. So, the gamer community, i.e. endusers, will get benefits only.

What is your take on the crypto gaming industry future?

I think, almost all popular games will migrate to crypto tech in next 10-15 years, or will integrate to crypto tech somehow. As well as finance, social media and many other matters of our life will do. This is just a logical step of the evolution and a question of time.

article avatarSubhi Ash Shalih

freelancer

What do you think about the proof of gaming concept?

POG is a new concept in the world of gaming and blockchain that focuses on the player experience while playing the game. In contrast to other concepts, the way PoG works is broader because all the track records of players in the game will be assessed.

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

The solution that ultiarena has should be adopted by other gaming platforms. This must be done because every success of the gaming platform is supported by a strong community. So their time and energy must be appreciated. All gamers should be able to feel a new better experience.

What is your take on the crypto gaming industry future?

igital games have given birth to new innovations. Through a combination of non-fungible tokens (NFT), decentralized finance (DeFi), and blockchain-based gameplay developers, play blockchain games with financial rewards for players participating in the latest GameFi trends. The gaming market is booming, and so is blockchain technology. It is estimated that the digital gaming industry generated an estimated $175 billion in revenue from mobile, console, and PC games by 2020, and DeFi decentralized applications (dApps) built on multiple blockchains currently hold more than $165 billion in total locked value (TVL). Evidence points to the future of blockchain gaming with huge growth potential, and developers seeking funding and community support can find both through GameStation. It will be interesting to see what GameFi has in store for blockchain gamers as more releases will be launched to the market with GameStation guidance pushing the industry forward.

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

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