Posted 12 months ago | by Ben Armstrong
Dr. Who and Blockchain – a Match Made in Heaven!
It looks like Dr. Who will be entering a brand new universe – the cryptoverse!
In a recent announcement BBC Studios disclosed that it is granting an exclusive global license to Reality Gaming Group in order to develop a digital card game for Dr. Who that is traded on a fork of the Ethereum blockchain.
The business model is like any other trading card game. Reality Gaming will create cards that are hosted on ERC721 tokens, which feature loads of characters from the Dr. Who franchise.
The cards will be limited in number, and can be used to play a game called Dr. Who: Worlds Apart game. Given the fact that Dr. Who has been in some form of production for over 50 years, it is likely that this game will help to draw people into the cryptoverse.
The Power of Games
One of the biggest uses of home electronics in the 1980s was video games, and when PCs were able to support the same kind of games that consoles were famous for, a generation of kids were brought into the world of computers.
The same dynamic could play out in the cryptosphere, as blockchain technology offers gamers real assets that can't be modified or taken by a massive game producing software company.
Not only will young people be attracted to the games that are starting to emerge in the blockchain development space, they also may not understand why so many gamers accept the power that gaming companies have in an industry that is wholly supported by the people who play the games.
Still a New Arena
Blockchain is slowly catching on in the world of gaming – and if gamers support the use of non fungible tokens (NFTs) that slow shift could become a flood of development money into the sector.
The economics of the gaming industry rely on a constant stream of client capital flowing to expensive gaming studios.
If that supply of cash begins to support blockchain based game items, or new companies that allow the use of off-platform NFTs, the old guard in the gaming industry could quickly find itself with a nasty shortfall of cash.
For now blockchain is still the new toy in the world of gaming – for how long that will be the case is anyone's guess.
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