Crypto disruption to our lives has begun to be felt more and more, like the previous year, crypto disruption to the banking world was really felt, especially for me personally. where blockchain technology can solve Borrowing and Saving solutions without intermediaries which we usually use with the term DeFi (Decentralization Finance) from what you said you would have understood, that is, we no longer need to entrust the money we have to be deposited in the bank, where it is In this DeFi world, we have full control over the assets we own. (Those who save the interest are big, those who borrow are not complicated and immediately liquidated)
Even so, it seems that the world of DeFi is still only enjoyed by people who quite understand how DeFi works, not even all DeFi providers can be said to be good, there are also many bad players who participate. skill is needed to choose which DeFi Platform is good or not.
Crypto and Blockchain Technology To Take Over The Gaming World!
Setelah Dunia DeFi sekarang lahirlah GameFi (Game Finance) dimana pada saat kita bermain game bisa menghasilkan mata uang crypto https://bot-bearproof.com/ yg bisa kita tukarkan menjadi uang asli melalui exchanger crypto, Game seperti ini berkonsep Play to Earn. salah satu game yang sukses menggunakan konsep ini adalah Axie Invinity dari Sky Mavis. mereka membuat bermain game menjadi berbeda, karena aset di dalam game bisa kita jual belikan di marketplace crypto dan kita mempunyai bukti kepemilikan item dalam game yg biasanya disebut NFT (Non Fungible Token)
This NFT is stored in the crypto wallet that we use to buy, the majority of crypto games use the ethereum blockchain network. in ethereum we can create smart contracts without third party interference. The token types are also different. for NFT like this usually use the erc721 contract. As for economic assets, erc20 is usually used.
However, due to the high gas fees of the current Ethereum network, some developers have developed Sidechain or layer 2, a new blockchain that runs on Ethereum as the main network. with a sidechain like this the transaction fee becomes very cheap. one of the popular sidechains is Binance Smart Chain (BSC), Polygon (Matic) while for sky mavis using the Ronin Network Sidechain
This NFT system is quite interesting in the future, with a system like this, it is possible that 1 game can be played or developed by other developers using the same game assets. they no longer need to compete but can collaborate in the future and have their own ecosystem and economic value.
There Will Be A Second World (Metaverse)
If you’ve ever watched the movie Second Life , chances are in the next 100 years, the film will become a reality. where we can live in the second world, through virtual games, we can do anything, such as making money, having fun, communicating, social etc. and the current generation is no stranger to that way,
The term Metaverse we hear more and more often, even the Founder of Facebook, Mark has also mentioned that Facebook will also develop this metaverse concept on Facebook’s social media in the future. We can not only comment on each other on social media, but we can also chat like we meet face to face with 3D characters using VR (Virtual Reality) devices with growing AI technology.
The concept of Crypto Games like this already exists, where in the game we can buy land, build houses, communicate, buy and sell items like in the Second Life movie, namely Decentraland . this game has its own currency, namely (MANA) this currency is in the form of crypto assets using the ethereum network. WHERE we can sell or buy into the original Rupiah currency through an exchanger.
What’s Next?
With the success of several game developers who use crypto as an economic element, of course some of the other big players in the gaming world will not want to miss the cake. My prediction is that there will be many more games with other play to earn concepts. This is still the beginning and will continue to grow in the future.
What do I have to do ?
I am a Crypto Enthusiast and Activist, of course I will do things according to my personal capacity, what I do is invest in game coins which I think will boom in the future by buying the coins in the hope that the value of the coins will increase in the future. buy, save , leave , then look back when it’s booming, this is also what I did when I started collecting Bitcoin BTC and ETH from 4 years ago. Of course, everything is not as easy as it sounds. We need to study deeply to convince ourselves and be sincere when what we hope for does not match reality. The key is the money used to invest. don’t force yourself to buy more, you can use the installment system or often known as DCA (Dollar Cost Averaging)