The World of Gaming online
Take a closer look at online gaming with our guide to this global phenomenon
Gaming online has seen a massive increase in popularity over the last few years, largely down to the way that mobile phone technology has developed. The numbers of people who play online games has risen massively. Almost everyone you know, including people over the age of 40 who are not necessarily the first people who spring to mind when you mention online computer games, will have played some form of online game in the last few weeks.
This has been partly due to social media, of course, which provides accessible platforms where almost anyone can find games to play that suit their lifestyle and interests. Sports games have become very popular, while we have all heard about games like Candy Crush.
Other types of online computer games remain very popular with younger people who like to play online games. Massive multi-player online games, often referred to as ‘MMOs’, remain hugely popular. World of Warcraft, for example, has become a cultural phenomenon that extends far beyond people’s computer screens or gaming mobile phones and has spawned books, a movie and other cultural products.
Here, we will take a closer look at the world of gaming online and at some of the gaming trends associated with it.
What is gaming online and how do you get started?
Even if you have no interest at all in the digital world or technology, the chances are pretty high that you will have heard of online gaming. It is, of course the act of playing games on the internet. There is tremendous variety in the number and types of games that you can play online nowadays, though. From retro arcade games, to intellectual puzzles, to role playing games, to traditional board games like Scrabble, you really can play almost anything you want online these days.
According to Juniper Research’s published white paper, the numbers of people who now play online games regularly is huge. The Newzoo 2018 Global Games Market Forecast stated that mobile gaming and mobile games has been raising online casino revenue. The proportion rose from 18% in 2012 to 51% by 2018. The Newzoo report also predicted that this trend will continue, and it expected gaming online to contribute up to 59% by 2021.
There are also significant geographical trends in the world of online gaming. In November 2018, China made up almost 28% of global mobile gaming revenue, according to tech website iWeb. Japan is another country which makes a massive contribution to the wealth generated by gaming online. A big role in this is played by the way that gamers in Asia have moved away from their computer screens in recent years and started to use gaming mobile phones.
Online gaming and esports betting
It is possible now to pick up skins during online gaming which can be used to bet on esports. Skins are items that improve the cosmetic appearance of your character in some online games. They do not usually have any effect on the actual gaming performance of the character. They are a particular feature of games like Counter Strike: Global Offensive and Defense of the Ancients 2.
Gamers soon found another use for these skins as competitive esports grew in popularity over the last decade. As esports became more popular, increasing numbers of people wanted to bet on the matches and events for games like CS:GO, Dota2 and the International tournament.
While the betting companies were lagging behind demand, many gamers started betting using the skins that they had collected from their own gaming activities. This allowed gamers to use their skins as a kind of cryptocurrency for betting.
It is also possible to sell skins for real money, something that means successful esports skins bettors can actually make some genuine profit from their betting. It will be interesting to see how the concept of skin betting develops in the online computer games world in the years to come.
Highlights
While we have not been able to cover the entire vast breadth of the topic of gaming online in this article, you now have a snapshot picture of this vast phenomenon. As 5G technology develops and becomes more widespread, we are sure to see more new and exciting developments in the world of online gaming. More powerful, faster gaming mobile phones are sure to arrive on the market too.
As the number of games to play increases new gaming trends are sure to emerge in the years to come, especially with the advent of 5G. Concepts such as virtual reality are sure to have an impact too, especially on the world of esports and esports betting. It is an interesting time to be alive for all fans of online gaming across the world!
Gaming
-
Mark Zuckerberg receives criticism over Horizon Worlds’ ‘primitive’ graphics
Meta founder Mark Zuckerberg hit major news headlines this week after the launch of Meta's new virtual reality game, Horizon Worlds, in France and Spain last Tuesday featured graphics that many found "primitive"-looking. The media magnate posted a screenshot of his in-game avatar posing right in front of the virtual Eiffel Tower and La Sagrada Familia last week — and it did not take long for users to mock the $10 billion socia [...]
-
Cardano’s biggest metaverse Cardalonia announces IEO on P2PB2B
Cardano Web3 project Cardalonia, which claims to be developing the biggest metaverse ecosystem on the platform, has announced its Initial Exchange Offering on P2PB2B. The IEO will begin on August 22 and end on September 9. The Cardalonia token pre-sale has been exceptionally successful, with less than 30 percent of the total allocation remaining in the $LONIA token sale, meaning that more than 70 percent of the total alloca [...]
-
LBank hops in GYMSTREET to establish services in metaverse
LBank, a leading cryptocurrency exchange, has decided to become a part of GYMSTREET, a metaverse developed by the Gym Network. The new branch will be designed to represent its brand and allow customers to interact with its services through the virtual world. GYMSTREET is touted be the Wall Street of the metaverse, where innovative companies can provide their services to the public. It does not limit its users — financial in [...]
-
Pokemon-like P2E MMORPG Untamed Isles canceled
The development of Untamed Isles, a Massively Multiplayer Online Role-playing Game with play-to-earn mechanics, has been suspended indefinitely after investors bolted out of the project following the cryptocurrency market crash. As a result, Phat Loot Studios, Untamed Isles developer, were left only with the money from the game's Kickstarter backers — which the studio also invested into cryptocurrencies, leaving it "heavily ex [...]
-
Wisdom Gaming launches new Web3 division
In order to expand its offerings, Wisdom Gaming has established a new division called Wisdom Labs. The new division will focus on developing Web3 applications for other game companies. The new division is set up to enhance the company's product and internal offerings. These include the production of virtual reality and augmented reality broadcasts. Moreover, Wisdom Labs is aimed to enhance the company's broadcast offerin [...]
-
P2E games: Should fun be sacrificed over function?
The popularity of play-to-earn games such as Axie Infinity has paved the way for blockchain-based P2E games to shine. However, as the gameplay in P2E games is often rudimentary, their success has also led some to question whether "fun" is a necessary component in P2E games at all. There is a significant difference between pay-to-earn and traditional gaming experiences with consoles and PC. Due to blockchain technology's res [...]
-
Digital trading card game Emergents releases public beta
Emergents, a blockchain-based trading card game that aims to take on popular titles such as Pokemon and Magic: The Gathering, has launched its public beta. As part of the launch, gamers will have the opportunity to purchase unique and rare buy and sell cards that are unavailable elsewhere. These cards are included in the limited edition Super Booster packs. The various packs featured in this release include the same old, [...]
-
Ex Populus appoints Deeze, Farokh as new advisory board members
Web3 games developer Ex Populu has announced the addition of Deeze and Farokh to its advisory board. Both are close friends of Ex Populus' co-founder Soban Saqib and are expected to play an important role in the company's future projects. Deeze commented that he's excited to help the company reach its goal of becoming the industry leader in the NFT space, saying, "I'm excited to help Ex Populus become the best Web3 game develo [...]
-
NFT games have ‘natural edge’ over traditional games, Polygon’s Urvit Goel says
Urvit Goel, vice president of global business development at Polygon, has said that games that employ non-fungible tokens have a significant advantage over traditional ones that don't allow users to sell their items. According to Goel in an interview with Cointelegraph, the traditional "money in, no money out" model is not ideal for gamers. He said gamers should instead be able to take some of the dollar value they invested [...]
-
DevGAMM conference discusses blockchain gaming potentials, flaws
The DevGAMM conference was held in Lithuania's capital, Vilnius, on July 28-29. The conference aimed to support talented game developers and industry professionals in the Baltics. Some prominent speakers at the conference included Alden Kroll and Tom Giardino of Valve's Steam department, Leszek Szczepański of Guerilla Games, Sergei Savchenko of Bethesda Game Studios and Jason Polansky of Atari. Andrea Zampedri, a Nordcur [...]