In the typical investment world, we see a basic platform of investments. They basically are equities, bonds, commodies, and real estate. To go a step further come get incolved in collectible along with art. However, those tend to run into liquidity issues.
In this video I discuss how cryptocurrency is bringing a new investment concept to the table: gaming as an investment.
▶️ 3Speak
View or trade
BEER.Hey @taskmaster4450le, here is a little bit of
BEERfrom @pixresteemer for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING.Summary:
In this video, Task discusses the changing landscape of investing, specifically focusing on the opportunities presented by cryptocurrencies and blockchain gaming. He highlights the emergence of play-to-earn models in gaming, where individuals can make money by playing games or investing in game assets like cards. Task emphasizes the potential for gaming to become a significant investment avenue, paralleling traditional investments like stocks and real estate. He points out the advantages of blockchain gaming, such as owning assets outside the game environment and the potential for universal NFTs that retain value across different games.
Detailed Article:
Task delves into the evolving investment landscape driven by the rise of cryptocurrencies and blockchain technology, particularly in the gaming industry. He introduces the concept of play-to-earn, where individuals can earn money by participating in games, as well as invest in game assets for potential appreciation. The focus is on blockchain gaming projects like Splinter Lands on the Hive platform, where users engage not just as players but also as investors and speculators.
Task draws parallels between investing in traditional sectors like stocks or real estate and gaming assets, highlighting the substantial revenues generated by the gaming industry. He challenges the skepticism towards gaming as an investment, pointing out that investing in publicly traded gaming companies is widely accepted despite the reluctance towards virtual assets within games.
The discussion progresses to the advantages of blockchain gaming, where players can own assets independently in wallets, enabling liquidity and transferability between games. The concept of universal NFTs is introduced, suggesting a future where in-game assets can retain value across different gaming platforms, enhancing the investment potential of gaming assets.
Task mentions specific blockchain gaming projects like Axie Infinity and past successes such as CryptoKitties to showcase the financial opportunities present in these ventures. He anticipates gaming assets, including skins, weaponry, cards, and other items, to become a growing segment in the investment landscape, offering liquidity and value appreciation akin to traditional asset classes.
In conclusion, Task emphasizes the expanding opportunities in gaming investments and encourages reconsideration for those skeptical about gaming as a viable investment avenue. He predicts a shift towards recognizing gaming assets as a valuable addition to investment portfolios, given the track record of success and the potential for real money generation in blockchain gaming projects.