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
-
GameStop to launch NFT marketplace by end of Q2
The world's largest retail gaming destination GameStop has announced that it would launch its NFT Marketplace “by the end of the second quarter of the fiscal year 2022”. The plan was revealed in their Q4 fiscal year 2021 results. That being said, the launch of the marketplace is expected to be around June 30 this year. GameStop earlier announced their plan to build an NFT marketplace in February. It said that it had hired “ [...]
-
Caleta Gaming, Paradise Trippies to introduce NFT slots game
In a recent development of video games and cryptocurrencies, Caleta Gaming and Paradise Trippies alongside the support of Bitcasino are set to launch a brand-new digital slots game based on NFT technology. The new entry title reportedly will be using NFT artwork provided by Caleta Gaming for the game assets and just like any other NFT game, the joint venture will reward players with game exclusive art pieces and claimed to [...]
-
Metaverse startup Oorbit raises $5 Million, investors include Mark Cuban, Deadmau5, HOF Capital
London-based Metaverse platform Oorbit yesterday announced that they raised $5 million in their seed round funding. Among the investors were billionaire entrepreneur Mark Cuban, Deadmau5’s Pixelynx, and HOF Capital. The startup said they planned to launch their service "in late 2022". The startup said that it “has developed the only infrastructure that unites metaverse experiences and worlds into one place, removing barrier [...]
-
MetaOneVerse to launch NFT, metaverse token on March 21
Full-stack ecosystem MetaOneverse announced today in a press release made public on Globe Newswire that they would soon launch their HyperDeflationary token as early as March 21. The Meta One Universe project itself was first announced on Christmas eve on December 24 last year. They also announced a limited BSC Reward token presale in the same month. The tokens were equipped with all metaverse utilities. The p [...]
-
The Sandbox partners with HSBC, token price soars to almost 10% overnight
The Sandbox, a gaming platform launched on the Ethereum enabling players to sell and trade NFTs as well as cryptocurrencies are getting more popular with big brands making their entrance to the metaverse. After a recent partnership with a global bank HSBC, The Sandbox’s native token SAND soared up to almost 10% or trade value at $2.97 shortly after the announcement. The Sandbox’s price is expected to continue exploding d [...]
-
Dr Disrespect’s gaming studio sells first entry title NFTs, ahead of game’s uncertainty
Dr Disrespect founded a video game studio called Midnight Studio in December last year and shortly after the Studio plans to launch its first entry title. The Studio emphasized its vision to be “the most community-focused, online PVP multiplayer experience the world has ever seen”, however with fewer details revealed of the game yet, the Studio has already released the game’s early access plans called “Founders Pass” and it [...]
-
World’s first playable AAA MMO web3 game Delysium raises $4 million in first round private sale
The world's first playable AAA MMO web3 game Delysium has secured over $4 million in its first round of private sales. Leading the investment was Galaxy Interactive, joined by Republic Crypto, and Alameda Research, with Anthos Capital, Eureka Meta Capital, Y2Z Ventures, Tess Ventures, Zonff Partners, Infinity Ventures Crypto, Lucid Blue Ventures, Unix Gaming, Ancient8, PathDAO, YGG SEA, Mask Network, Smarti Labs, Metasense DAO [...]
-
Crypto platforms integrate with video gaming market, prospects
Crypto platforms are making their way to the online gaming industry and slowly but steadily has been reshaping opinions surrounding the subject matter. While some gamers plainly rejected the idea of connecting crypto and video games due to a number of reasons, the other instead welcomes the idea. The gaming industry worldwide is valued at $173.70 billion in 2020 and the value is expected to grow to $314.40 billion in 2026, [...]
-
Epic War: Blockchain’s maiden first-person shooter game officially launched
Attracting more than 1.5 million gamers around the world by the end of 2021, the blockchain gaming industry has been mainly focusing on simple 2D games with turn-based mechanics. Many of the games focus more on the earning aspect rather than the gaming aspect. It has changed now, however, thanks to the introduction of blockchain's first first-person shooter game, complete with AAA graphics. Introducing Epic War Blockchain [...]
-
Mark Zuckerberg’s metaverse ‘is not innovative’, says gaming industry veteran
Meta, formerly Facebook, founder and CEO Mark Zuckerberg is one of the front liners in setting forth the idea of a network of 3D virtual worlds with a huge emphasis on social connection or the metaverse. However, one individual, in particular, found skepticism in Zuckerberg’s idea. The individual in question is a video game veteran and American businessman Reggie Fils-Aimé who thinks that Zuckerberg’s Meta “is not an innova [...]
