{"id":2113,"date":"2020-01-24T19:04:46","date_gmt":"2020-01-24T13:34:46","guid":{"rendered":"https:\/\/blockchainappfactory.com\/blog\/?p=2113"},"modified":"2022-02-26T16:12:49","modified_gmt":"2022-02-26T10:42:49","slug":"ethereum-blockchain-gaming-industry-in-2019","status":"publish","type":"post","link":"https:\/\/www.blockchainappfactory.com\/blog\/ethereum-blockchain-gaming-industry-in-2019\/","title":{"rendered":"Ethereum Blockchain Changed The Gaming Industry In 2019! Here\u2019s How"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">Blockchain is currently a widely trending topic. Several industries are moving towards adopting blockchain for their businesses like the banking industry, ride-sharing, business, academic, healthcare industry, etc. The Ethereum blockchain platform, especially, has been undergoing significant growth over the past year. <\/span><span style=\"font-weight: 400;\">Ethereum blockchain is a decentralized platform with global access that allows users to program smart contracts and Dapps that can be executed autonomously when the favorable conditions are met<\/span><span style=\"font-weight: 400;\">.<\/span><span style=\"font-weight: 400;\"> This blockchain can be accessed anywhere in the world. Here\u2019s a glance of the above mentioned massive growth of Ethereum in the past year,\u00a0<\/span><\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">In <\/span><span style=\"font-weight: 400;\">2019,<\/span><span style=\"font-weight: 400;\"> there were more than <\/span><span style=\"font-weight: 400;\">20 million Ethereum accounts<\/span><span style=\"font-weight: 400;\"> created.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">History says there were about <\/span><span style=\"font-weight: 400;\">4 million new active users<\/span><span style=\"font-weight: 400;\"> of Ethereum in the year 2019.\u00a0<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">The Ethereum developer community<\/span><span style=\"font-weight: 400;\"> multiplied 4x more<\/span><span style=\"font-weight: 400;\"> than for any other cryptocurrency.\u00a0<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">There were<\/span><span style=\"font-weight: 400;\"> 8, 516 live Ethereum nodes<\/span><span style=\"font-weight: 400;\"> over the year, and <\/span><span style=\"font-weight: 400;\">520 new Ethereum Dapps <\/span><span style=\"font-weight: 400;\">created.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">The decentralized Ethereum platform has influenced the finance industry bigtime over the past year<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">Ethereum is predicted to continue growing and <\/span><span style=\"font-weight: 400;\">evolve much more in the year 2020, in fields like DeFi, DAOs, supply chains, and more.\u00a0\u00a0<\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">The stats mentioned above are some of the significant magnifications Ethereum went through in the past year. Ethereum with blockchain collectively, have influenced and benefitted various industries. In this article, we are going to focus on the gaming industry and how an Ethereum blockchain platform serves the gaming sector. Let\u2019s dive in and find out.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><b>The gaming industry and how Ethereum blockchain benefits gaming:\u00a0<\/b><\/span><\/h4>\n<p><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">The gaming industry is a significant on-demand sector. It has made tremendous progress over the years. The demand and growth for this industry are never-ending, and the e-gaming industry is gradually becoming the future for gamers around the world. Ethereum blockchain offers a decentralized gaming platform that will highly benefit both gamers and developers. Let\u2019s have a quick look at the benefits of <\/span><a style=\"color: #000000;\" href=\"https:\/\/www.blockchainappfactory.com\/blockchain-game-development\"><b>Ethereum game development<\/b><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">The smart contracts integration feature on the ethereum blockchain game platform, enables fundraising and lets users sell their tokens for financing any game that they want to create.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">The Ethereum platform allows developers to connect to the liquidity network directly.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">Ethereum platform guarantees a secure payment process, thereby eliminating any fraud\/ risk factors.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">Games on the Ethereum platform are comparatively cheaper than other platforms like Apple, Google, Microsoft, etc.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">This platform helps to build and provide access to a broader community of gamers and crypto users all around the world.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">The Gamers get 100% anonymity benefits.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">Gamers can purchase anything within the game without any extra fees.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">Gamers can get in touch with the developers directly for any queries.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">Speaking of this, if you are a gamer or a developer looking to build your game on the Ethereum platform, you should be well aware of what is currently happening in the market with the excessive competition to sustain and stand out from it. Want to find out how the blockchain era has been influencing the gaming industry? Let\u2019s look at some impressive numbers!\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><b>How Blockchain Transformed gaming industry:\u00a0<\/b><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">In the year 2019, the blockchain gaming industry is said to have achieved over 162% growth i.e., the decentralized platform provided by the Ethereum blockchain has attracted <\/span><span style=\"font-weight: 400;\">162% more users <\/span><span style=\"font-weight: 400;\">from the previous year to that.\u00a0<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">It is said that more than <\/span><span style=\"font-weight: 400;\">436 thousand gamers<\/span><span style=\"font-weight: 400;\"> are playing blockchain-powered games from the year 2019.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">Blockchain games like Gods Unchained and My Crypto Heroes managed to make headlines in 2019.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">Experts predict that 2020 will be a big year for the blockchain gaming industry in aspects of tremendous growth.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">The global blockchain games market reached $138 billion in 2018 and is expected to grow more than <\/span><a style=\"color: #000000;\" href=\"https:\/\/venturebeat.com\/2018\/04\/30\/newzoo-global-games-expected-to-hit-180-1-billion-in-revenues-2021\/\"><span style=\"font-weight: 400;\">$180 billion in 2021<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h4><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><b>How to go about developing one, on an Ethereum platform? Why Blockchain App Factory?<\/b><\/span><\/h4>\n<p><span style=\"font-weight: 400; color: #000000; font-family: georgia, palatino, serif;\">As mentioned earlier in the article, the competition for blockchain game development is very much alive. And therefore, it is essential to choose the right company that will provide you with a reliable platform as it will give the customers a smooth and secure gaming experience.\u00a0<\/span><\/p>\n<p><span style=\"color: #000000; font-family: georgia, palatino, serif;\"><span style=\"font-weight: 400;\">Blockchain App Factory<\/span><span style=\"font-weight: 400;\"> is a well recognized, experienced <\/span><a style=\"color: #000000;\" href=\"https:\/\/www.blockchainappfactory.com\/blockchain-game-development\"><b>blockchain game development company <\/b><\/a><span style=\"font-weight: 400;\">with a team of dedicated developers who are pioneers in blockchain, and we provide an <\/span><span style=\"font-weight: 400;\">ERC-721 Ethereum platform <\/span><span style=\"font-weight: 400;\">inbuilt with the utmost security and exciting features that will attract gamers all around the globe. We also offer services at the most affordable prices. Get in touch with us, and we\u2019ll discuss more!<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Blockchain is currently a widely trending topic. Several industries are moving towards adopting blockchain for their businesses like the banking industry, ride-sharing, business, academic, healthcare industry, etc. The Ethereum blockchain platform, especially, has been undergoing significant growth over the past year. Ethereum blockchain is a decentralized platform with global access that allows users to&hellip;&nbsp;<a href=\"https:\/\/www.blockchainappfactory.com\/blog\/ethereum-blockchain-gaming-industry-in-2019\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Ethereum Blockchain Changed The Gaming Industry In 2019! Here\u2019s How<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":5024,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[25],"tags":[427,428],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Blockchain Changed The Gaming Industry In 2019! 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