Networks, Ecosystems, and the Blockchain: The Competition for Adoption with Crypto, Utility Tokens, and NFTs
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As the popularity of blockchain technology has gained momentum, the industry’s focus has changed from “if it will be used” to “how it will be used.” And blockchain developers are finding that not all options for applying the technology are equal. As the push for mainstream adoption continues, networks, ecosystems, and platforms built on and around the blockchain continue to discover innovative ways to differentiate themselves and attract users.
In the gaming world, blockchain is starting to be seen as the tech that will usher in a new era. By allowing for digital assets to be acquired and traded within gaming environments as NFTs, blockchain is bringing a new type of utility that allows the pay-to-play model to be disrupted by a play-to-earn model.
ORE System is a complete ecosystem built on the Binance Smart Chain that makes blockchain accessible to gamers, content creators, and game developers.
“Game developers shouldn’t need to be blockchain developers to take advantage of blockchain benefits,” explains Lucas Hamrick, Chief Executive of ORE System. “They should be able to focus on doing what they love, which is making games.”
By providing an integrated NFT marketplace, token, and software development kit, ORE System streamlines the process of developing games, creating tradable assets, and incentivizing gameplay. And because the assets are NFTs, they hold a value for gamers that goes beyond any specific gaming environment.
“Building on blockchain allows for gaming systems in which developers can determine the value of digital assets, but gamers can decide for themselves if they feel the value is appropriate,” says Nick Donarski,
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