Blockchain Gaming & Online Casinos

Blockchain Gaming & Online Casinos
Blockchain Gaming & Online Casinos

The fusion between blockchain technology and online gaming was probably inevitable from the moment the blockchain was first introduced to society. Yet it’s an area in which it’s still hard to predict exactly what’s coming, or how any given game could be affected. On some level, blockchain technology is all about creativity, and that extends to the world of gaming. Whether through eSports or more casual video game experiences, blockchain-based communications and exchanges have the potential to drive all kinds of fun activity. One area that does seem somewhat obvious as an eventual inclusion in the expanding world of blockchain gaming, however, is the casino space.

Now, while this site did highlight a slot-style mini game from Aftermath Islands fairly recently, we have yet to see major examples of independent casino games operating in the blockchain. That is, there is not a leading blockchain gaming casino, let alone a specific game such as some form of blockchain poker or blackjack – or, to my knowledge, even a less casino-oriented card game. As stated however, the emergence of such games, either as independent titles or parts of a larger digital casino, does feel inevitable, for a couple of reasons.

One is that while we have yet to see a fully functional blockchain casino, online casino sites are already dabbling with cryptocurrency. Some smaller casino platforms have been designed for the stated purpose of accepting deposits in digital money. And at least one leading casino gaming resource based in the UK posted its own guide to buying bitcoins, presumably as an aid for any gamers looking to use it at a casino platform now or in the future. So, in short, gamers in this space are already being exposed to cryptocurrency, perhaps more regularly and deeply than your average member of modern society.

Another reason however is that the purest fundamental purpose for blockchain gaming seems tailor-made for casinos. While most reading here will understand the basics, Blockonomi put it in good terms for this specific discussion, explaining that the benefits of blockchain gaming include decentralized asset exchanges, as well as the verifiable scarcity of virtual objects and collectibles and a few other perks. The broader set of benefits are helpful for things like game skins or even virtual cards, as the same article mentions, but “decentralized asset exchange” is more or less the name of the game in online casinos. It’s what a lot of players are already looking for, or at least what they’d appreciate.

Given all of this, it seems a brief matter of time before games in this category start emerging in full form on blockchains. We can’t point to exciting examples just yet, but it’s certainly something to look forward to.