New York-based entertainment organization, Warner Music Group (WMG) is currently teaming up with Splinterlands, a game developer to give its artists a better user experience. According to the news release shared by the company, this collaboration will see selected artists being able to produce their own Play-to-Earn (P2E) arcade games.
Warner Music Group prides itself as the third-largest record label in the world. It has signed up some of the biggest artists in the entertainment industry and is gradually making an entrance to the cryptosphere, especially with this feat about to be achieved with the blockchain gamer.
This alliance with Splinterland is aimed at producing convenient games for mobile devices. The idea of games for mobile devices is to encourage a faster and easier rate of adoption while building a society that is more interested in communalism than just the P2E games.
Blockchain technology encompassing gaming and crypto has gradually been on the increase lately. DappRadar declared that the use of blockchain gaming presently comprises half of the whole blockchain trade.
The new P2E games have been formulated to generate extra gratification for the users through means that include non-fungible tokens (NFTs). As a way of making it more real and relatable, users are granted access to put up their earnings for sale or further invest them.
Decentralized Gaming in the Blockchain
Decentralized games or DeGames as it is usually called is a major advancing part of Web3. According to CryptoMarketBeat, when laid in comparison to Bitcoin (BTC) and other mainstream digital currencies, the adoption of this specialized outgrowth of blockchain technology has been way more streamlined, but increasingly getting funding from venture capital firms.
Although, DeGames is known to be the least amongst all of the Web3 components in terms of its number of users. It is worthy of note that even with this shortcoming, Decentralized gaming still has the tendency and requirements to generate a great amount of adoption amongst crypto users, especially game lovers.
Investors have not failed in expanding and encouraging the game developers by committing funds to their blockchain games. However, there have been questions as to whether massive funding is what DeGames requires in this its pilot stage.