Relictum Blockchain. Inevitable revolution of the gaming blockchain industry

Five leading blockchain games emerged in November 2021: Binaryx, Stepn, RAC, Farmers World and CryptoMine to quickly boost the rapid development of the gaming blockchain industry. For example, as the most popular gold farming game on the BNB network, Binaryx has witnessed its players doubling their assets in just 16 days, which certainly attracted new players, and ultimately led to the game’s token appreciation.

However, revenue dropped in December after a month of wild spikes. The influx of money from the new players eventually turned into a Ponzi scheme. This model of development has led to a crisis of confidence among traditional users and dissatisfaction with GameFi and Web3 games.

Relictum Blockchain believes that the disruptive changes that blockchain technology will introduce to gaming can be explored from the following perspectives: security, true asset ownership, co-management, co-creation, and leasing of assets.

Blockchain technology protects user privacy and security of assets

According to a poll back in 2021, the number of attacks on the gaming industry grew faster than on any other industry. The breach of privacy and the loss of players’ assets due to centralized control are two major problems with traditional gaming security. These security issues in games can be solved by blockchain technology.

Web3 games run on an immutable public ledger where all transactions are publicly viewable and not subject to central control by any organization or institution. This way, they are more transparent than traditional games and able to minimize the chance of privacy breaches and loss of assets through centralized fraud.

👉 Relictum Blockchain — touch the future today!