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

reward: 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 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 avatarAlexandria Hooper

NFT Artist, Graphic Designer, & Small Business Owner

What do you think about the proof of gaming concept?

I think that the concept of Proof of Gaming it is a great way to incentivize people to sign up for and continue to play online games. Ot is also an innovative way to track player's gameplay too.

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.

article avataromar alexander justo teran

Senior electronic

What do you think about the proof of gaming concept?

I think it is something that I should do for a long time. They are games that people have played for years and that give you a reward for playing something you like. I think it would attract many people. I have been on the market for years like Dota and League of Legends I think they have thought quite well.

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

I think that if it would affect them, it would be because of the trajectory they have for years, they are games that attract a lot of players who like this type of games and have strategies so that they can be maintained, they must make games that people like very different from the basics that are the nft games. not only that they see it for money they see it for fun and business and thus the game could be kept up.

What is your take on the crypto gaming industry future?

I think that every time they are improving right now there is a game like "mir4" that gives good profits and it is a game that is fun has good playability the cryptocurrency business for it to improve it has to be fun.

article avatarJohanan Orok

Engineering Technologist

What do you think about the proof of gaming concept?

I think it's a super concept. I'm hearing about it for the first time and I'm already super excited about it. I've saved the project and will research more, and possibly invest in future

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

No I don't think so. Infact I think it will help bring more mass adoption into the NFT world. Since many people do not understand the concept of NFT, bringing gaming NFT is a great way to teach people how to gradually adopt to "non-fungibility" of some token. It's a great concept. Coupled with the fact that they plan to reward people for playing games. That will really be addictive and it's a good thing.

What is your take on the crypto gaming industry future?

My take on the crypto gaming industry in the future is that first... People will come into the NFt craze with the mind of simply earning money from playing games, which is very enticing for youths and kids ( reward) the surprise of actually being able to convert the tokens gained from something you would do for free into cash. Real cash 🥰🥰🥰... Then people will start selecting games. They will only be willing to download games that offers cash returns for their gaming time. And then the craze will start. Then will flood in many new projects, coming in and the huge competition comes in too. Then players will gradually be rated based on thier gaming skills and how much they are able to win, how much they make ...

article avatarYsrn 25

Gamers

What do you think about the proof of gaming concept?

I think that's good,i like that because i like game to,i believe I believe thay is a good project, and I support this project until it succes

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

no it doesn't affect other games, I think it gives a new color to the game no it doesn't affect other games, I think it gives a new color to the game

What is your take on the crypto gaming industry future?

would be very good, because I think crypto is the future, everyone will know what crypto is, and maybe crypto will become a means of payment in malls or markets, crypto games I believe in the future all games will use crypto as a reward. And I hope it happened

article avatarJon Courtney

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.

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

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