In March, Avalanche committed 4 million AVAX tokens to attract subnets of new GameFi and NFT projects. What does this tell us? For starters, events like these just show that Avalanche has both a lot of capacity to host compute-heavy blockchain gaming protocols, and an ecosystem highly suitable for such needs.
With this is mind, it is safe to say that the Avalanche Foundation has a lot under the hood that we don’t usually see when first getting introduced to the project – apart from being environmentally-friendly and having superb transaction efficiency, Avalanche’s metaverse and NFT gaming potential are the frontiers most brilliant projects are eagerly immersing themselves in.
What Makes Avalanche Ideal For Blockchain Gaming?
Now, let’s dive into some of the Avalanche’s main features that make blockchain gaming of any project seamless within the ecosystem!
- Sustainability: Avalanche is about proof-of-stake rather than proof-of-work. PoW is not too high in energy efficiency and saving, therefore alternatives have been considered when developing the protocol and algorithms for it.
- Security: Games have had their share of cyberattacks throughout the years, including blockchain games like Axie Infinity. The Avalanche ecosystem guarantees ownership of the network and constant threat monitoring, along with vulnerability management.
- Flexibility: This trait enables any project or venture to come in and launch dApps, including blockchain games, on Avalanche. The app types that can be powered by the AVAX blockchain are nearly limitless – whether it’s an NFT marketplace, a game, a staking platform, Avalanche can always welcome different projects to its ecosystem.
- Speed: The Avalanche network can manage an incredible number of around 4,500 transactions per second (TPS). How does it compare to the long-established giants? Well, Ethereum can handle 15 TPS, and Bitcoin can do 5 TPS. Isn’t this convincing? What’s more, on AVAX, transactions get processed and confirmed in 1 second!
Now that we have covered a few of the most meaningful features the Avalanche network hosts, it is time to discuss what they and the blockchain itself holds both today, and for the future of Web3 where DAOs, NFT games, rewarding staking mechanics, and metaverse applications must thrive.
A Network Winner In Many Competitions
Now, why in the first place does Avalanche have an accelerator’s advantage over the majority of existing networks and ecosystems? It’s quite simple and doesn’t require a lot of technical buzzwords to answer – AVAX works equally hard and well both for participants and developers.
When the perfect equilibrium of collaboration and connectivity is reached, just like AVAX did, projects and the network providers themselves can focus on more pressing issues in Web3 growth than dealing with buckets of software bugs, high transaction fees, cyber attackers, barriers to entry, speed limits, and more.
Projects within the Avalanche ecosystem can simply proceed with new integrations and the developments of cutting-edge features without concerning themselves with “what if this happens?!” or “we need to include this completely foreign thing in order to do that”.
This is because Avalanche, as mentioned earlier, was built with high levels of flexibility in mind.
If a user wants to find the most rewarding staking mechanism on AVAX, they are welcome to do so – even directed to the right platform. If a game developer wishes to integrate micropayments of $AVAX and the features surrounding it in their next metaverse venture, Avalanche will present them with exceptional technical documentation and ready-to-go code plugs for seamless creation.
Unique Features Overlooked By Most Networks
Because of Avalanche’s flexibility, developers are also provided with one of the most important powers the internet, even more, the third generation of the web, provides – customisation.
Developers can go through different programming languages, virtual machines and operating systems, and most of them will be supported in one or other way by AVAX.
This way, the entire fintech industry can enjoy the fruits of new arbitrarily complex financial instruments called smart assets which can offer any NFT or crypto enthusiast financial features that suit them best.
Speaking of diverse and robust spaces like gaming on the blockchain, it would be unwise to miss mentioning one of the most integral parts of the Avalanche ecosystem – subnets. As the name suggests, these are several smaller and more single-utility-focused networks powered by the main AVAX network, working under it to ensure that all the needs, both legal and financial, can be met superbly.
The set of subnets on AVAX hosts utilities such as jurisdiction, intellectual property, privacy & data protection, DAO management, risk management, governance, and more. Each and every of these subnets is meaningful in the world of blockchain gaming, and can handle operations hardly available in most networks.
AVAX & Blockchain Gaming Potential
The reason for the AVAX infrastructure being a perfect place for GameFi is also transaction fees. Avalanche is not only speedy and high throughput, but also enjoys low transaction fees.
Imagine a blockchain gaming space where in order to make an in-game transaction, you are first presented with a big Metamask window, wait until it loads, and then proceed to pay a high gas fee for some NFT of a digital house.
This does not sound very efficient.
Games powered by AVAX can thrive by having seamless integrations of payments, top-notch dashboards updating every millisecond, and user’s knowledge that they are safe. As per NFTs themselves, there are additional features like predictions being developed by new exciting projects that use the Avalanche network.
Who’s Working To Unleash Gaming NFTs With AVAX?
One of these projects is SparkWorld*. SparkWorld* is a new and unique NFT marketplace built on Avalanche for solving the problems of whitelisting and randomized minting in NFT drops.
SparkWorld* is creating experiences with fair blockchain-based predictions for NFT rewards, and it is about to become a full-blown NFT gaming marketplace with efficient staking mechanisms.
From the initiative, new inventions such as Fair Prediction Launches have already risen, as well as relatively new concepts like predictions of NFT project outcomes for high rewards.
What we can learn from this is that on AVAX, possibilities are nearly endless – projects can stop limiting themselves with being single-purpose, single-community, and innovate in several blockchain niches at once.
This means faster acceleration toward mainstream adoption of NFTs, the public’s broader acceptance of the metaverse concepts, and a stronger sense of the need for decentralisation. Aren’t virtual worlds with real economics, more freedom and independence both structurally and financially what we crave deep inside?
Learn more about SparkWorld* on their website and Twitter, and check out similar AVAX projects to see what is really possible with carefully curated resources, great technology, and inclusive communities.
Source: SparkWorld*