Yesterday I was walking through some streets near my house and I saw many people together (mostly men) watching their smartphones, so I looked at them and I came up with something I did not think was still happening: are they playing Pokemon Go?! And to think that game apparently is keeping current in the minds of many people today.
As far as I know, Pokemon Go has significantly decreased its number of active users despite the great efforts of Niantic and Nintendo; However, after a few hours of watching those people looking for pokemons, it occurred to me: What would happen if the blockchain technology (and therefore the use of cryptocurrencies) was implemented in games with geolocation technology such as Pokemon GO? I have no minimum knowledge of blockchain technology to venture to make statements that can conclude the viability of this mixture (I leave that to the specialists) however I think that this idea (in the case is viable) can have very interesting commercial and technical effects.
(source: Pixabay)
Here I listed three reasons:
Familiarization and trust: I definitely think that this would be one of the most immediate and sure consequences, since when users start to see a certain cryptocurrency gain by performing a certain action within the game (it occurs to me: win a battle, capture a pokemon with a lot of level, buy items, etc) and therefore can withdraw it (inside the game) to your favorite virtual wallet by pressing a button, automatically the prestige and confidence that these cryptocurrencies will begin to be immediate, which will originate a boost in the value of these in a sustained manner.
Effective globalization: When the active users who test positively and therefore accept the incorporation of the blockchain technology for its efficiency and notable improvement of the game, it will automatically have an acceptance and positive expectation worldwide which will have as a consequence that the entrepreneurs be encouraged to take advantage of the implementation of this technology in other viable necessary fields.
Empowerment of the online gaming industry: In the event that this mix is viable, I think there will be a strengthening of the online gaming industry since the first reaction of game developers will be to implement the use of cryptocurrencies within of games massively, taking advantage of the speed and efficiency in payment transactions.
(source: Pixabay)
Possibly there are many more positive effects as I also imagine that there may be negatives (although I can not think of one now) since I am sure that this idea has already occurred to someone else which in the immediate future will make a patent on this type of applications of the blockchain and finally it will be sold to Nintendo 😊.
If someone, after reading this article, can demonstrate that this type of blockchain application is viable, I will be happy to participate in that project 😊