RE: Enjin? Will I Invest?

You are viewing a single comment's thread from:

RE: Enjin? Will I Invest?

View the full context

geekpowered in #crypto • 7 years ago

I couldn't stop thinking about the derogatory mispronunciation of "Indian" used for Native Americans the entire time reading this. Their name is a real negative for me.

But, the technology of using cryptocurrency for owning digital assets is going to be big in the future. It might even be used for proof of ownership of real assets. "Oh, this is your's? Then why does this crypto say it belongs to Jack Henry? Seems he reported it stolen." Steem Monsters uses the Steem blockchain to show ownership of their cards I believe. Any game could use the Steem blockchain to show ownership of assets. Probably other chains too. This is going to be huge in the future...but will they use Enjin? I dunno. If companies start adopting it, that will be the key. Then we'll start being able to earn that coin in games. Or they could just use Steem. Or another crypto. Or their own crypto.

7 years ago in #crypto by geekpowered

0.00 JAHM

Sort:

Trending

[-]

teutonium 7 years ago

Yes, true, and I've been looking into other game blockchains that have partnerships with already established gaming companies, it seems WAX has partnerships with Crytek and they made an announcement that they have close to 200 partnerships in non-disclosure, might be worth revisiting again in the future...

Enjin has enough partnerships to make it work, and the fact that the team has good ties with the industry already makes adoption easier.

Let's wait and see, my strategy right now is to look for the cryptos with more partnerships, partnerships and connections makes adoption easier, when the bull market restarts almost all the cryptos will go bull and rise in price, when that happens I'll look for the ones that are developing faster and change to those.

I'm so excited for the future of digital assets, this opens so many doors in the future!

Thanks for reading m8! Comeback anytime :D

0.00 JAHM

2 votes

[-]

geekpowered 7 years ago

Those ties to the industry are good...but only if they result in the usage of the coin in successful games. If multiple cryptos get used by different games...then I dunno what might happen. I guess some kind of cross chain something or other might end up being developed... Of course, then that gives the option of somehow maybe laundering game items through multiple chains.

It's definitely gonna make games interesting when items have actual value. Gonna make game design a lot more difficult. Idiots are gonna be making pyramid schemes on accident right and left...and on purpose!

0.00 JAHM

[-]

teutonium 7 years ago

I guess some kind of cross chain something or other might end up being developed.

Cross-chain tech is already a thing, I wrote about it one or two weeks ago, you even have an alliance of the biggest cross -chain blockchain trying to further improve the interoperability of all different chain, I'm so excited for the future.

If you happen to want to read more about the cross-chain tech here: 1, it's not really detailed but it has the basic stuff and what it might be used for in the future.

I think developers will have to start learning about basic economy for each game they make to prevent pyramid schemes from happening.

0.00 JAHM

[-]

geekpowered 7 years ago

Yeah, of course cross chain things exist. But trading digital goods across chains...that's a bit different.

0.00 JAHM