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Blockchain technology has powered innovation in dozens of different industries, including finance, security, supply chains, and real estate, to name just a few.
Yet few blockchain use cases have generated as much excitement as gaming.
The industry is rapidly embracing the idea of “play-to-earn” NFT games that enable players to earn real-life rewards while having fun.
Just over a year ago, blockchain gaming was virtually unheard of, but already the space is providing a viable income for thousands of gamers across the world.
The vast majority of emerging P2E games allow players to complete challenges or win battles against others and earn cryptocurrency or NFT-based items as a reward.
These assets can then be traded or sold on third-party marketplaces for Bitcoin and Ethereum. Gamers can then sell BTC or ETH for fiat currency.