Three Big New Gaming Trends: Play To Earn, Etc.

Are you wondering about the biggest new trends in digital gaming? We’re on top of a lot of this new stuff as it occurs. Here are some of the interesting things to know about how online and digital gaming is working today.

Play To Earn

There is a very new philosophy in online gaming that’s based around a new way of rewarding players.

It’s called play to earn, and it works this way – in-game rewards help to grow a player’s bankroll and keep them engaged and motivated to keep playing.

This is fundamentally different than the old way of casino gaming – in fact, it’s the opposite. You may be used to hear people talking about how the “house always wins” in gaming, and it’s made people fatalistic. They still played, but they thought about the end of the night, when they would lose their whole stake and have to go home.

“Play to earn” is revolutionary in this regard. It leverages the power of digital assets and frictionless transactions to enrich and reward the diligent player through things like bonuses, bankrolls, rate backs, and more.

If you’re into digital gaming, you owe it to yourself to check out the play to earn concept and how it’s integrated in our site.

Meta-Verse Gaming

Meta-verse gaming is getting big. It’s growing quickly. We accommodate this with our NFT services and a player’s ability to transact on their NFTs, buying or selling NFTs through our specific marketplace. Take a look at 2D and 3D animated NFTs and how we utilize augmented reality to provide an environment for these assets.

In our view, this is really something that companies can’t afford to ignore. The meta-verse is rushing at us at 100 miles an hour, but a lot of people still aren’t thinking about how this is going to revolutionize various industries including gaming. In the gaming sports world, it’s particularly relevant in a few key ways. Check out the rest of the website for more.

Gamification of Routine Tasks

You want your athletic audience to be engaged with your brand. One way to do that is to embrace the principle of gamification.

This is one of the more long-standing trends that predated things like play to earn. As the Internet grew and matured, it became a place where people could offer gamification services directly through a browser. Even though a browser is inherently a stateless platform, cookies and beacons and other additions allow for save-game data, and companies started to build gamification. into their sites. This is abundantly common today, and we take note of this in our own online digital service models.

Talk to Fanisko about your fan base and how new modern digital trends can help improve your relationship with your fans!

What Are NFTs and How Are They Being Used in the World of Sports?

One of the best ways to keep sports fans interested in your team is by using modern technology. Pairing with a company like Fanisko will allow you to use the latest tools in the world of gamification and augmented reality to engage with loyal fans. Recently, Fanisko was named in the top 100 AR companies powering Web3 and the Metaverse. 

Perhaps the most important item you will find on Web3 is Non-fungible tokens (NFTs). Below is more information about what NFTs are and how they are being used in the world of sports. 

What Is An NFT?

A non-fungible token (NFT) is a digital asset that acts as a representation of a real-world object. These objects are generally things like videos, in-game items, art and music. These digital assets are bought and sold exclusively online. On average, these transactions are funded with a variety of cryptocurrencies.  

The coding used to construct NFTs generally mimics the code used in the development of cryptocurrencies. However, this is where the similarities between NFTs and cryptocurrencies ends. 

While art has been one of the biggest NFT markets to date, the world of sports is starting to get in on this technology. Many professional sports teams are starting to roll out their own digital collectibles in the form of NFTs. These digital assets allow fans to get something special and allow sports franchises to further monetize their brands. 

Details About How Sports NFTs Work

There are several ways sports teams can and will use NFTs in the future. Here are just a few examples of how this technology can be used by your sports team to make money and engage with loyal fans. 

Selling Video Clips As NFTs

Well-known events like The Miracle on Ice and the Chicago Cubs winning the 2016 World Series have a special place in the hearts of fans. Many sports teams are taking some video clips of the most iconic moments in franchise history and turning them into NFTs. 

A New Take On Sports Memorabilia

For years, collectors have searched for sports memorabilia like awards, autographs and trophies. Taking memorabilia and turning it into NFTs is a fresh take on an old industry. In the future, you are sure to see many sports teams taking a digital approach to memorabilia distribution. 

Sports Kits Are Extremely Popular

Most sports kits include boots, socks, wristbands and jerseys emblazoned with a team’s logos. Putting these kits on the blockchain in the form of an NFT provides buyers with secure ownership rights and the sports team with more money. 

NFT Trading Cards

NFT trading cards can be created on a blockchain. These cards can be more valuable than traditional trading cards due to the scarcity factor. While these digital trading cards are less tangible, they provide buyers with clear ownership. 

As you can see, there are many ways a sports franchise can use NFT technology to boost revenue and engage with fans.