NFT and NFT games are a new trend in the cryptocurrency space. Those who follow the craze know that Axie Infinity has benefited from the market growth, which also currently ranks first among blockchain games.
Ulti Arena, which is worth following, is developing a brand new solution: PoG, which stands for Proof of Gaming, rewards players for simply playing games.
Here's the exciting part: The Ulti Arena is developing an integration that allows us to play our favorite nonblockchain games while earning tokens.
Ulti Arena describes itself as an "NFT Marketplace for Game Assets with Play2Earn for NonBlockchain Games." Simply link your game account to the UltiArena app.
An Ulti Arena Game Client is currently in development and aims to achieve two objectives: first, the player's ingame behavior and actions will be summarized in order to recommend game stats reporting; second, after the session has ended, the gameplay will be reviewed and considered as Proof of Gaming. As a result, the better you are at playing, the more likely you are to earn tokens.
Dota2, CS:GO, and League of Legends will be the first three games to be integrated within the Ulti Arena PoG ecosystem.
The chart below presents an average monthly number of players (blue) compared with a number of NFT games transactions (pink):
As you can see when the Ultiarena project starts, we will probably see an increase in the NFT market.
We have asked 430 Experty community members questions related to "Ulti Arena reviews: Proof of gaming - an NFT solution that rewards players while playing non-blockchain games". We have received many valuable replies, the best ones (based on Experty community feedback) you can read below.
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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.
Racheal OlajumokeFreelancer
What do you think about the proof of gaming concept?
It great, I must say, it easy to understand and the beauty of earning from it is a joy to behold. It easy to learn and earning aspect makes it fun. One van easily make friend in the course of playing games also
Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?
It won't I must confess, but its definitely a game changer. It definitely will pull people to its side. Thereby causing low turn up on other project. I really don't see it endangering existing projects
Abegail PradoTeacher
What do you think about the proof of gaming concept?
Proof of gaming concept is the current trend nowadaysp, luckily one of the most high income this pandemic since there is so much worker has been stopped and they go on online for extra income. Gaming is a lifesaver that gives food to almost all people especially in the cryptocurrency world. Hence, there is so many developers promote and create amazing gaming platform that benefits both the player and the developer
Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?
No, because ulti arena supports NFT and provide the best gaming experience to the players. Besides, ulti arena is the place to connect artist and in that way they could talk on how to not remove NFT in gaming projects just in case
Gaurav KothariStudent
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.
Tejas WalkePhotographer
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.
Jeffrey EscabarteJournalist
What do you think about the proof of gaming concept?
As eSports gets so popular these days, this proof of gaming concept can be very beneficial for gamers. Apart from enjoying the game, we can also earn just by playing. This kind of project will get the interest of gamers. I would suggest to add other popular mobile games in their platform because gaming on mobile is more convenient and more accessible than PC gaming. Mobile Legends is very suitable since it has many players all around the world.
What is your take on the crypto gaming industry future?
I would say that crypto gaming industry is the future. Day by day the number of gamers are increasing. This innovation in the gaming industry which helps gamers earn crypto by playing their respective games can boost their will and determination in competing.
Alfred SolomonHR
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
Alexandria HooperNFT Artist, Graphic Designer, & Small Business Owner
Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?
Considering the ever increasing popularity of NFT games and the large number of frequent players, there is enough room in this space for a vast array of different gaming projects with unique ways to pay their players or to distribute NFTs or crypto as a reward for playing.
What is your take on the crypto gaming industry future?
I see the crypto gaming industry continuing to gain momentum and mainstream popularity with kids and adults of all ages and that live everywhere in the world. I think that very soon crypto games will make the transition from being solely computer-based to being released onto consoles like video games.
Favour IlayaStudents
What do you think about the proof of gaming concept?
I think it's a nice concept that will enable people earn passively while playing games and also make them to be financially stable and independent
Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?
I don't think Ulti Arena's solution could endanger existing NFT gaming projects as it will improve more of it than to endanger it. It will surely improve more of the existing NFT gaming projects
What is your take on the crypto gaming industry future?
My take is that NFT just came not too long and I think it will continue to develop and become more popular in the future and I think there will be more adoption of it
Irwan SaputraSenior marketing
What do you think about the proof of gaming concept?
pretty good, because people can play games and earn..and it's really fun, especially for gamers, maybe it's something they are really waiting for..
Do you think Ulti Arena’s solution could endanger existing NFT gaming projects? Why?
a very inefficient base there is management, racing in the instability of the game, so that it can damage the existing market. I'm not sure that, I think it can have a bad effect in the future..
What is your take on the crypto gaming industry future?
it's a real innovation, such a huge market is games, and it's a huge opportunity for such innovation, and I'm sure it can be a profitable field for big investors.
Summary
Undoubtedly, the Ultiarena is a forwardlooking project. The ability to play favorite games and earn tokens could be a milestone in the gaming industry. It's fantastic to be able to play conventional games with all of the benefits and dynamics that blockchain and cryptocurrency provide.
The Uliarena product will likely be growing in popularity and gaining followers, but it's hard to say if their solution endangers the current NFT games. The concept of earning tokens by playing nonblockchain games is definitely a gamechanger, but the NFT games are very popular these days.
Every day, the number of gamers grows. This development in the gaming industry, which allows gamers to gain cryptocurrency by playing their favorite games, can help increase the value on the market. It's a matter of time when the gaming industry makes significant progress on the cryptocurrency market. The gaming industry as a whole will benefit from blockchain technology.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.