Blockchain empowers players by giving real ownership

One of the first games to make their premium currency a crypto currency is SKARA, The Blade Remains.

Despite controversy amongst some gaming communities, SKARA’s creators say cryptocurrency protocols are good for players.

“We are firm believers that blockchain and gaming are made for each other,” said SKARA co-founder Cesar Ortega. “The gaming industry has some problems that the blockchain is an answer for.”

The main reason for this involves game assets, like objects they earn in the game or cosmetic items.

“People spend hard earned money buying the assets that they like,” Ortega explained. “Until now they were limited to use them in the developer’s game only. By putting them on the blockchain, you give players real ownership of those assets, which they are free to use or sell somewhere else, like you would do if you bought a physical asset.”

Like anything collectible, being rare is important. Blockchain makes sure assets are unique and identifiable, and therefore valuable.

Ortega did not deny that some gaming companies were critical of cryptocurrency.

“One of the reasons there is resistance for this is the fact that allowing people to sell their assets means they are getting money out of the game/platform, so the big studios are not happy with that.” he said. “We on the other hand truly believe that the community has to be rewarded for their effort and risk.”

SKARA’s CEO Pablo Rodriguez, who has been in the gaming industry for more than 15 years, took the analysis one step further.

“Players NEED absolute control over their accounts, their assets bought with their hard-earned money, or even the assets obtained by just playing — it requires a lot of time to get them!” he said. “What if your account gets banned — so what happens with your assets? With the money you spent on your Account? With all the time and effort you put to upgrade your characters? Now all you can do is complain to the game companies on Twitter when something wrong happens with your account, but blockchain will solve that.”

Cryptocurrencies also create a better way to reward players in competitive games.

“Because SKARATs have real value outside of the game we can reward our best players with them,” said Ortega. “This could not be done without the blockchain.”

SKARA’s creators predict widespread adoption of cryptocurrency in gaming.

“In the future all the games will be held in the blockchain and it is a matter of time for developers and publishers to adapt,” Ortega said. “But it’s always fun being a pioneer!”

More about SKARA:

Made in Barcelona and London, SKARA launches the beta version of their intense multiplayer fighting game on February 8.

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